US looks to refill Strategic Petroleum Reserve The US is exploring new ways to tap crude from federal lands as the Strategic Petroleum Reserve is being depleted. The reserve is being depleted due to emergency stock releases amid a global supply shock. This
Ford’s commercial vehicle unit faces new competition as Chinese automakers enter Europe’s electric van market without added tariffs. Chinese automakers are expanding into Europe’s commercial van segment, threatening Ford Pro’s $6.5 billion to $7.5 billion EBIT guidance for
Costco reports $23.92 billion in total net sales for April Costco's April sales data showed total net sales of $23.92 billion for the four weeks ended May 3, 2026, up 13% year over year. The company's comp consistency continues to shine during this ongoing period of
Paul Tudor Jones Warns Trump-Era Market Boom Could End in a 35% Crash. Here’s Why He’s Still Buying Stocks Quick Read - Nvidia (NVDA), Microsoft (MSFT), and Apple (AAPL) are the primary beneficiaries of AI infrastructure spending, as hyperscalers are investing at least $71
AptarGroup shareholders approved all ballot items as the packaging firm reported $3.8 billion in 2025 sales and outlined CEO succession. AptarGroup announced CEO Stephan Tanda will retire on September 1, 2026, with Gael Touya, current head of Aptar Pharma, succeeding him.
California Resources raised its 2026 guidance after reporting $304 million in adjusted EBITDA, exceeding expectations. California Resources (NYSE:CRC) posted first-quarter adjusted EBITDA of $304 million, surpassing guidance and driving an upward revision to its 2026 outlo
Key Points - Q1 results beat expectations as Carter’s reported $681 million in net sales, up 8%, with stronger demand across retail, wholesale and international channels. However, profitability was pressured, with adjusted EPS down to $0.39 from $0.66 a year ago and gross
CPK reports $2.47 adjusted EPS for Q1, up 11% year-over-year, driven by infrastructure investments and colder weather. Chesapeake Utilities reported a 16% year-over-year increase in adjusted net income to $59 million for Q1, with adjusted earnings per share rising 11% to $
Auto supplier Cooper-Standard reports 2.9% sales growth and improved gross margin but lower adjusted EBITDA due to non-recurring royalty payments. Cooper-Standard posted first-quarter sales of $686.4 million, up 2.9% year-over-year, with gross margin expanding to 12.0% des
Key Points - Corpay beat expectations in Q1, reporting revenue of $1.26 billion, up 25%, and cash EPS of $5.80, up 29%. Management called it a “blowout quarter” and said organic revenue growth held at 11% for the fourth straight quarter. - Corporate payments led the growth
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