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Singapore's sovereign wealth fund GIC has partnered with Sony Music Group to acquire music catalog assets, the parties said on Thursday.
Global Industrial (NYSE: GIC - Get Free Report) and Horiba (OTCMKTS:HRIBF - Get Free Report) are both industrials companies, but which is the better stock? We will contrast the two companies based on the strength of their earnings, institutional ownership, valuation, risk, dividends, profitability and analyst recommendations. Earnings and Valuation This table compares Global Industrial and
- Programmatic JV with GIC for a $1.5+ billion partnership - Expanding to Mexico in scale with $200 million takeout commitment for USD-denominated, long-term leased industrial portfolio - GIC closes on cornerstone investment in Realty Income's U.S. Core Plus fund SAN DIEGO, Jan. 12, 2026 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the establishment of a strategic relationship with GIC. The partnership will initially entail (1) the formation of a programmatic joint venture primarily focused on build-to-suit development of high-quality logistics real estate pre-leased under long-term net leases to tenants with investment grade-equivalent credit profiles in the U.S. The JV will have over $1.5 billion of combined capital commitments from Realty Income and GIC; (2) the construction financing and take out purchase commitment from Realty Income of a $200 million build-to-suit, U.S. dollar-denominated industrial portfolio in Mexico, representing Realty Income's first investment in Mexico; and (3) GIC closing as a cornerstone investor in Realty Income's U.S. Core Plus fund.
British Land CEO Simon Carter plans to step down this year to join European logistics developer P3 Logistics Parks, the real estate group said in a statement on Monday.
Engineered to absorb impact, reduce floor damage, and decrease maintenance costs PORT WASHINGTON, NY / ACCESS Newswire / January 6, 2026 / Global Industrial Company (NYSE:GIC), a value-added national distributor and source for industrial equipment and supplies, has announced the launch of its newest Global Industrial Exclusive Brand™ solution: the Global Industrial™ Plastic Guard Rail. The Global Industrial™ Plastic Guard Rail is engineered to provide protection for people, products, and equipment from collision damage.
Creative Planning decreased its holdings in shares of Global Industrial Company (NYSE: GIC) by 5.7% in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,068 shares of the company's stock after selling 1,821 shares during the period. Creative Planning
- Self-propelled, semi-autonomous unit designed to securely and safely wrap irregular and oversized loads, increase productivity and reduce stretch wrap waste - PORT WASHINGTON, NY / ACCESS Newswire / November 17, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor and source for industrial equipment and supplies, today announced the launch of the Global Industrial™ Mobile Robot Stretch Wrap Machine, a self-propelled, semi-autonomous solution that enables facilities to securely wrap irregular or oversized pallets directly on the floor. Mobile Robot Stretch Wrap Machine Designed to complement traditional turntable wrap machines, the Mobile Robot Stretch Wrap Machine travels to the load and wraps it in place, reducing forklift traffic and accommodating pallets that exceed standard turntable dimensions.
PORT WASHINGTON, NY / ACCESS Newswire / November 6, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor and source for industrial equipment and supplies, today announced that Tex Clark, Senior Vice President and Chief Financial Officer, will be attending the Stephens NASH25 Conference on November 18, 2025, and the 17th Annual Southwest IDEAS Conference on November 20, 2025. Management will host one-on-one meetings with investors at the Stephens NASH25 Conference and at the Southwest IDEAS Conference.
Global Industrial's stock sold off heavily after its earnings came up short of expectations. However, the company's margin profile improved nicely during the quarter.
Global Industrial (GIC) came out with quarterly earnings of $0.48 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.44 per share a year ago.
Global Industrial Company (NYSE:GIC ) Q3 2025 Earnings Call October 28, 2025 5:00 PM EDT Company Participants Anesa Chaibi - CEO & Director Thomas Clark - Senior VP & CFO Conference Call Participants Mike Smargiassi Ryan Merkel - William Blair & Company L.L.C., Research Division Anthony Lebiedzinski - Sidoti & Company, LLC Presentation Operator Good afternoon, ladies and gentlemen, and welcome to Global Industrial's Third Quarter 2025 Earnings Call.
Sales of $353.6 Million; Increased 3.3% Operating Income Increased 18.5% to $26.3 Million; Operating Margin 7.4% Board Declared $0.26 Dividend PORT WASHINGTON, NY / ACCESS Newswire / October 28, 2025 / Global Industrial Company (NYSE:GIC), a value-added distributor and source for industrial equipment and supplies today announced financial results for the third quarter ended September 30, 2025. Performance Summary* (U.S. dollars in millions, except per share data) Highlights Quarter Ended September 30, Nine Months Ended September 30, 2025 2024 2025 2024 Net sales $ 353.6 $ 342.4 $ 1,033.5 $ 1,013.6 Gross profit $ 126.0 $ 116.3 $ 371.1 $ 349.7 Gross margin 35.6 % 34.0 % 35.9 % 34.5 % Operating income from continuing operations $ 26.3 $ 22.2 $ 78.0 $ 66.0 Operating margin 7.4 % 6.5 % 7.5 % 6.5 % Net income from continuing operations $ 18.8 $ 16.8 $ 57.4 $ 50.1 Net income per diluted share from continuing operations $ 0.48 $ 0.44 $ 1.48 $ 1.30 Net income from discontinued operations $ 0.0 $ 0.0 $ 0.1 $ 0.2 Net income per diluted share from discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.01 * Global Industrial Company manages its business and reports using a 52-53 week fiscal year that ends at midnight on the Saturday closest to December 31.
PORT WASHINGTON, NY / ACCESS Newswire / October 20, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor and source for industrial equipment and supplies, today announced that it will release financial results for the third quarter ended September 30, 2025, on Tuesday, October 28, 2025, after U.S. market hours. Management will host a conference call and question and answer session on the Company's results at 5:00 p.m.
NIO Inc (NYSE:NIO) shares fell sharply after Singapore's sovereign wealth fund, GIC, filed a lawsuit accusing the company of inflating its revenue through improper accounting practices. The lawsuit argues the Chinese electric vehicle maker manipulated its financial results by recognizing more than $600 million in battery-leasing revenue upfront through Weineng Battery Asset Company, a related party that was reportedly portrayed as an independent entity but allegedly controlled by Nio.
Singapore's sovereign wealth fund, GIC, has taken legal action against Chinese electric vehicle maker Nio Inc., accusing it of inflating revenues through complex accounting linked to its battery-swap business. The lawsuit,Bloomberg reports, filed in August in the Southern District of New York, targets Nio, its CEO Li Bin, and former CFO Feng Wei.
Singapore's sovereign wealth fund accused the Nio of misleading investors by inflating its revenues, according to a court document filed in August.
Investors looking for stocks in the Industrial Services sector might want to consider either Global Industrial (GIC) or W.W. Grainger (GWW).
Do you have more faith in DuPont analysis than in simple ROE calculation? Tap Casey's General Stores (CASY), Blue Bird (BLBD), Global Industrial Company (GIC), Toast (TOST) and Ubiquiti (UI).
Investors looking for stocks in the Industrial Services sector might want to consider either Global Industrial (GIC) or W.W. Grainger (GWW).