TORM declares $0.70 interim dividend per share TORM has declared an interim dividend of $0.70 per share. The distribution is equivalent to 58% of net profit and reflects the company's Distribution Policy. The payment date is set for 11 June 2026 to all shareholder
Global oil demand is set to exceed supply in the current year amid the ongoing conflict in the Middle East, reversing previous projections of a surplus. According to the May 2026 Oil Market Report by the International Energy Agency (IEA), global oil supply is projected to
Baron Capital, an investment management company, released its Q1 2026 investor letter for the “Baron Durable Advantage Fund”. A copy of the letter can be downloaded here In Q1 2026, Baron Durable Advantage Fund (the Fund) declined 9.0% (Institutional Shares) compare
B&G Foods is positioning for a “transformational year” in the wake of recent acquisitions and disposals as the US group raised guidance across a range of metrics. While sales, adjusted EBITDA and EPS are expected to be higher in fiscal 2026 than was envisaged in March, the
Sustained high energy prices are starting to hammer lower-income consumers, calling into question how much longer the US economy can continue to shrug off the effects of the Iran conflict. By the numbers: The surge in gas prices has meant rapidly deteriorating spending pow
PolyPid (NASDAQ:PYPD) held its first-quarter earnings conference call on Wednesday. Below is the complete transcript from the call The full earnings call is available at https://edge. Summary PolyPid reported a net loss of $7.7 million for Q1 2026, an improvement fr
Editor’s note: This article was updated to add details and context. U.S. producer prices jumped the most since 2022 last month as the Strait of Hormuz energy shock continued to feed through the inflation pipeline, adding fresh concerns over the Federal Reserve’s rate outlo
Space stocks powered higher early Wednesday following reports that Google was in discussions with Elon Musk's SpaceX to build orbital data centers. Rocket Lab, Firefly Aerospace, Voyager Technologies and Intuitive Machines all jumped The Wall Street Journal reported
The surge of artificial intelligence (AI) and the resulting boom in new data centers are benefiting several pick-and-shovel stock plays, especially electrical infrastructure companies that both help get data centers up and running and keep them running. Emcor Group (NYSE:
Weitz Investment Management maintains its position in IR after a -12.04% Q1 return, citing long-term growth potential amid market challenges. Weitz Investment Management’s Large Cap Equity Fund reported a -12.04% return in Q1 2026, underperforming the Bloomberg U.S. 1000 I