A Louisiana-based company owner distributed 15% of his $1.7 billion sale proceeds to 540 workers as bonuses. Graham Walker, majority owner of Fibrebond, allocated $240 million of the company’s $1.7 billion sale to 540 full-time employees as bonuses. The payouts average $44
Two Harbors Investment raises all-cash deal to $12 a share Two Harbors Investment agreed to an amended merger agreement with CrossCountry Mortgage, increasing the all-cash deal to $12 a share. The previous deal was valued at $11.30 per share. This change reflects
Private credit market grows to $1.4 trillion Federal Reserve Vice Chair for Supervision warned that the central bank's capital rules have driven corporate lending from regulated banks to the private credit market. The private credit market has grown to $1.4 trillion,
HBB reported $5 million operating profit in Q1, up 115% year over year, driven by a 510-basis-point gross margin expansion. Hamilton Beach Brands (NYSE:HBB) posted a 115% year-over-year increase in first-quarter operating profit to $5 million, exceeding expectations despit
HA Sustainable Infrastructure Capital reports record adjusted ROE of 15.7% and reaffirms 2028 earnings guidance of $3.50-$3.60 per share. HA Sustainable Infrastructure Capital (HASI) posted first-quarter adjusted earnings per share of $0.77, up from the prior year, as adju
Shareholders approved dividends and buybacks as CNH reaffirmed long-term margin goals despite a challenging 2025 outlook. CNH Industrial (NYSE:CNH) reaffirmed its 2030 margin and capital return targets during its annual shareholder meeting, securing approval for dividends
HCI Group reported a 15% jump in pre-tax income to $115 million for Q1 2026, driven by rising premiums and investment income. HCI Group (NYSE:HCI) delivered its strongest first-quarter performance, with pre-tax income climbing 15% year-over-year to $115 million. Diluted ea
Potential Rate Cuts Could Benefit These Firms GXO Logistics (NYSE:GXO) reported a stronger first quarter of 2026 and raised its full-year profit outlook, as executives pointed to growth in new business wins, a record sales pipeline and early progress on operational and...
Haemonetics (NYSE:HAE) reported fiscal fourth-quarter revenue of $346 million, up 5% on a reported basis and 9% organically excluding CSL, as strength in its Plasma and Blood Management Technologies businesses offset continued pressure in Interventional Technologies. Presi
Cloudflare plans to cut 20% of its workforce, incurring $140M-$150M in charges, spooking investors despite revenue growth. Cloudflare announced a 20% reduction in its workforce to accelerate its shift to an AI-first operating model, triggering a 23% drop in its stock. The
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