FINWIRES · TerminalLIVE
FINWIRES

Wiwynn Grants NT$980 Million M&E Deal for New Headquarters Project

-- Wiwynn (TPE:6669) awarded a mechanical and electrical (M&E) engineering deal worth NT$980 million for its new headquarters project in Taipei, Taiwan, to Taiwan Power Engineering.

The project is part of a previously approved plan to build a headquarters on leased land, with a total budget capped at NT$4 billion, according to a Wednesday Taiwan Exchange filing.

The contract will not have a material impact on the company's financial or business operations, the cloud IT infrastructure provider said.

Related Articles

Research

Research Alert: Lululemon Athletica Appoints Ex. Nike Executive Heidi O'neill As Ceo

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Lululemon announced Heidi O'Neill as its next CEO effective September 8, 2026, following a search process after Calvin McDonald's departure in January amid pressure from founder Chip Wilson and activist investor Elliott Management. O'Neill brings over 30 years of performance apparel experience, including 25+ years at Nike where she helped grow the company from a $9B to $45B global leader and most recently served as President, Consumer, Product & Brand. We are in favor of the decision and believe her extensive Nike background and current board positions at Spotify, Hyatt, and Lithia & Driveway make her a well-rounded candidate to guide the turnaround at lululemon. Shares fell 5% in after-hours trading as investors digest the announcement, most likely due to Nike's share decline during her recent tenure there. Her experience overseeing Nike's global consumer and product engine, resetting brand foundation, and reducing product development timelines should accelerate speed to market at LULU.

$LULU
Research

Research Alert: Hexcel Posts Q1 Beat On Top And Bottom Lines, Strong Margin Expansion

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:HXL posted Q1 adjusted EPS of $0.59 vs. $0.37 prior year, $0.15 above consensus, on sales of $501.5M (+9.9% Y/Y), beating consensus by $18M. Commercial Aerospace sales rose 18.8% Y/Y to $332.7M, led by A350, A320neo, 787, and 737 MAX programs as destocking pressures abated. The results validate our multiyear thesis on operating leverage, with 59.5% EPS growth on sub-10% sales growth as volumes recover into existing capacity. Management reaffirmed 2026 guidance for sales of $2.0B-$2.1B and adjusted EPS of $2.10-$2.30 despite geopolitical uncertainties. Adjusted operating margin expanded 360 bps Y/Y to 13.5%, demonstrating substantial fixed cost leverage. We believe HXL is well positioned to capture incremental revenue from sole-source contracts without material capacity additions, with line of sight to mid-30s incremental margins through 2027, though sustained progress remains contingent on OEM execution and supply chain stability.

$HXL
Asia

Genesis Energy Posts Lower Fiscal Q3 Retail Electricity Sales; Raises Fiscal 2026 EBITDAF Guidance

Genesis Energy (ASX:GNE, NZE:GNE) reported total retail electricity sales of 1,380 gigawatt-hours (GWh) for the fiscal third quarter ended March 31, down from 1,474 GWh in the same quarter a year earlier, according to a Thursday filing with the New Zealand bourse.The company's retail customers fell to 491,532 in the quarter from 526,327 a year earlier, and wholesale electricity sales declined year over year to 998 GWh from 1,434 GWh, the filing said.The company's total retail gas sales were 0.8 petajoules in the March quarter, down from 1.2 petajoules in the same quarter last year.The company raised its fiscal 2026 guidance for normalized earnings before interest, taxes, depreciation, amortization, and fair-value adjustments to a range of NZ$515 million to NZ$545 million from its previous forecast of NZ$490 million to NZ$520 million.

$ASX:GNE$NZE:GNE