
PJT Partners: Q1 Earnings Snapshot
The New York-based company said it had net income of $1.99 per share. Earnings, adjusted for one-time gains and costs, were $1.05 per share.
The investment bank posted revenue of $324.5 million in the period.
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The Hill
a few seconds ago
- The Hill
New Zealand will spend $1.6B on military aircraft in a plan to double the defense budget
WELLINGTON, New Zealand (AP) — New Zealand 's government announced new military spending Thursday of 2.7 billion New Zealand dollars ($1.6 billion) to replace aging aircraft, with senior officials who unveiled the package citing rapidly growing global tensions and a deteriorating security environment. The purchase of military planes and helicopters was the first procurement announced in a government plan, disclosed April, to double defense spending from 1% to 2% of GDP in the next decade. New Zealand's military spending has trailed that of its larger partners in the Five Eyes intelligence sharing group of countries — which includes the United States, Britain, Canada and Australia — and the bolstered budget reflects a shift in how the remote island nation is responding to strategic competition between major powers in the Pacific Ocean. The procurement includes five MH-60R Seahawk helicopters to replace the existing maritime fleet and two Airbus A321XLR aircraft, allowing the retirement of Boeing 757s that are more than 30 years old and were already secondhand when purchased. The helicopters accounted for more than NZ $2 billion of the spending, officials said. Defense Minister Judith Collins said her government would 'move at pace' to procure the helicopters directly through the United States' foreign military sales program instead of going to a wider tender. Cabinet ministers were expected to consider the final business case in 2026, she told reporters in Wellington on Thursday. It would take 'a few years' to acquire the helicopters, Collins added, because buying new meant New Zealand would need to 'wait in line.' She denied the choice to buy from the United States was an attempt to rectify the trade imbalance that has seen New Zealand goods targeted for an adjusted 15% levy when arriving in the U.S. under the Trump administration's global tariffs plan. The aging Boeing aircraft have frequently broken down while transporting New Zealand prime ministers abroad in recent years and now can only be flown short distances. The episodes are among an awkward string of incidents that have highlighted the rundown state of the country's military hardware and persistent difficulties in maintaining it due to recruitment shortfalls.

Associated Press
2 minutes ago
- Associated Press
New Zealand will spend $1.6B on military aircraft in a plan to double the defense budget
WELLINGTON, New Zealand (AP) — New Zealand 's government announced new military spending Thursday of 2.7 billion New Zealand dollars ($1.6 billion) to replace aging aircraft, with senior officials who unveiled the package citing rapidly growing global tensions and a deteriorating security environment. The purchase of military planes and helicopters was the first procurement announced in a government plan, disclosed April, to double defense spending from 1% to 2% of GDP in the next decade. New Zealand's military spending has trailed that of its larger partners in the Five Eyes intelligence sharing group of countries — which includes the United States, Britain, Canada and Australia — and the bolstered budget reflects a shift in how the remote island nation is responding to strategic competition between major powers in the Pacific Ocean. The procurement includes five MH-60R Seahawk helicopters to replace the existing maritime fleet and two Airbus A321XLR aircraft, allowing the retirement of Boeing 757s that are more than 30 years old and were already secondhand when purchased. The helicopters accounted for more than NZ $2 billion of the spending, officials said. Defense Minister Judith Collins said her government would 'move at pace' to procure the helicopters directly through the United States' foreign military sales program instead of going to a wider tender. Cabinet ministers were expected to consider the final business case in 2026, she told reporters in Wellington on Thursday. It would take 'a few years' to acquire the helicopters, Collins added, because buying new meant New Zealand would need to 'wait in line.' She denied the choice to buy from the United States was an attempt to rectify the trade imbalance that has seen New Zealand goods targeted for an adjusted 15% levy when arriving in the U.S. under the Trump administration's global tariffs plan. The aging Boeing aircraft have frequently broken down while transporting New Zealand prime ministers abroad in recent years and now can only be flown short distances. The episodes are among an awkward string of incidents that have highlighted the rundown state of the country's military hardware and persistent difficulties in maintaining it due to recruitment shortfalls.


Business Wire
an hour ago
- Business Wire
Consilien Named to the 2025 Channel Partners MSP 501 List
LOS ANGELES--(BUSINESS WIRE)--Consilien, a California-based leader in managed IT, cybersecurity, and compliance services, has been named to the prestigious 2025 Channel Partners MSP 501 list, the IT channel's most comprehensive ranking of managed service providers (MSPs) worldwide. Now in its 18th year, the MSP 501 list recognizes top performing IT providers based on a rigorous, data driven review of business performance, including recurring revenue, profitability, innovation, and client success. Consilien's selection places it among the most trusted and forward thinking service providers in the global MSP community. 'This recognition means a great deal to our team and to the clients we support every day,' said Eric Kong, CEO of Consilien. 'It's not just about growth, it's about building long term value and solving real business challenges in areas like cybersecurity, AI readiness, and regulatory compliance.' Consilien has built a reputation for helping small and mid-sized organizations manage growing IT complexity and evolving cyber threats. With a focus on transparency, responsiveness, and strategic planning, the company has earned consistent client trust and long term partnerships. 'Technology has changed, and the stakes have never been higher,' Kong added. 'But this is where our team excels. Behind the scenes, solving problems, staying ahead of threats, and helping clients operate with confidence.' As part of the MSP 501 list, Consilien joins a select group of global IT providers recognized for their leadership, resilience, and commitment to innovation. The honor reinforces Consilien's continued investment in secure IT infrastructure, compliance enablement, and forward looking technology solutions. 'We're proud of how far we've come, but we're not done,' said Kong. 'This is motivation to keep improving, keep serving, and keep building the kind of IT partnerships that truly make a difference.' For more information about Consilien's services or to explore what it means to work with a top ranked MSP, visit