Burford Capital writes down its YPF litigation asset but highlights $100 million in cash profit and a $5 billion future portfolio potential. Burford Capital took a non-cash writedown on its YPF-related litigation asset following an adverse court decision, though management
Adjusted EBITDA surged 20% to $23.5 million as specialty products drove 80% of gross profit amid soft housing demand. BlueLinx reported first-quarter revenue of $731 million, up 3% year over year, while adjusted EBITDA climbed about 20% to $23.5 million. The gains were fue
The auto supplier reaffirmed its 2026 guidance despite battery-segment weakness, citing cost controls and new business wins. BorgWarner posted first-quarter sales of about $3.5 billion, up from the prior year, with adjusted operating margin rising to 10.5% from 10.0%. Adju
Key Points - Banco Santander Chile posted strong Q1 profitability, with net income rising sequentially and return on average equity reaching 23%. Management said higher inflation is supporting near-term margins, though a weaker macro backdrop could pressure growth and cred
Key Points - Baytex beat Q1 expectations with production averaging 69,500 BOE/day, above guidance, and raised its 2026 outlook to 69,000-71,000 BOE/day. The company also lifted its three-year growth target to 6%-8% annually through 2028 while aiming to stay in a net cash p
Diners have always turned to fast-food chains for wallet-friendly options, but as the affordability crisis continues, value menus have become increasingly important to consumers. Value menus are the top factor diners look for when deciding where to eat, a recent YouGov rep
Sector lags broader market but posts modest gains as individual company results support sentiment in early May 2026. Real estate stocks closed slightly higher despite underperforming the broader market, driven by individual company earnings releases. The sector remains pos
Cornerstone Advisors sold its entire stake in Calamos Strategic Total Return Fund Cornerstone Advisors reported selling its entire stake in the Calamos Strategic Total Return Fund, a move involving 1,712,871 shares and an estimated $32.11 million transaction value. Th
The chipmaker now expects 35% annual growth in the server CPU market, doubling its prior $60 billion projection by 2027. Advanced Micro Devices (NASDAQ: AMD) revised its server CPU total addressable market (TAM) to $120 billion by 2027, up from $60 billion, citing surging
A $500,000 portfolio at 3.5% yield generates $17,500 annually, exceeding the $15,080 pre-tax earnings of a full-time minimum wage worker. A $500,000 dividend portfolio yielding 3.5% produces $17,500 annually, or $1,460 monthly, surpassing the $15,080 pre-tax income of a fu