Category: Latest News
-
Albertsons Beats Q4 Earnings Estimates, Revenue Misses Expectations
Albertsons Companies Inc. (NYSE:ACI) reported fourth-quarter results on Tuesday, with earnings coming in ahead of expectations while revenue fell short of forecasts. Adjusted earnings per share were $0.48, exceeding the analyst estimate of $0.43. Revenue totaled $20.3 billion, below the $20.49 billion consensus estimate, but still higher than the $18.8 billion reported in the same…
-
GameStop Unveils Power Packs Digital Trading Card Platform
GameStop Corp. (NYSE:GME) has introduced its new Power Packs digital trading card platform, set to become available to the public on April 15, 2026, according to a company announcement. The service enables users to buy digital packs that correspond to physical trading cards graded by PSA. These cards are held in the PSA Vault, giving…
-
U.S. Producer Prices Rise Less Than Expected in March, Easing Inflation Concerns
Fresh data from the U.S. Department of Labor on Tuesday showed that U.S. producer prices rose less than anticipated in March, pointing to softer inflation pressures at the wholesale level. The producer price index (PPI) for final demand increased by 0.5% during the month, in line with a downwardly revised reading for February. Economists had…
-
Futures Signal Further Gains for Wall Street: Dow Jones, S&P, Nasdaq
U.S. stock index futures are pointing to a stronger open on Tuesday, suggesting equities could extend gains after a solid rally in the previous session. The positive tone in markets is being driven in part by renewed optimism over a possible second round of negotiations between the U.S. and Iran aimed at resolving the Middle…
-
IEA Cuts Oil Outlook as Middle East Conflict Disrupts Global Energy Markets
The International Energy Agency has sharply downgraded its oil supply and demand projections, warning that both are now set to decline from 2025 levels as the Middle East conflict disrupts energy flows and pressures the global economy. The agency now expects global oil demand to contract by 80,000 barrels per day in 2026, a significant…
-
Lockheed Martin Expands Venture Capital Fund to $1 Billion
Lockheed Martin (NYSE:LMT) said it is significantly increasing the size of its venture capital arm, Lockheed Martin Ventures, raising its capacity from $400 million to $1 billion. The move represents a 250% expansion and marks the fund’s largest increase since its launch in 2007. The defense contractor said the additional capital will be deployed over…
-
Nanox Teams Up with Meir Medical Center on Orthopedic Imaging Study
Nanox Imaging Ltd. (NASDAQ:NNOX) has entered into a clinical collaboration with Meir Medical Center to assess the diagnostic effectiveness of its Nanox.ARC system for orthopedic injuries in emergency care settings. The study will compare imaging results from the Nanox.ARC with the hospital’s current diagnostic approach, which typically involves standard X-rays or X-rays followed by CT…
-
Citigroup Tops Q1 Profit Forecasts as Dealmaking Strength Persists
Citigroup (NYSE:C) reported first-quarter results on Tuesday that exceeded Wall Street profit expectations, supported by continued strength in dealmaking activity despite ongoing geopolitical uncertainty. Executives across the financial sector remain optimistic about merger and acquisition activity this year, with expectations that a more relaxed regulatory environment under Donald Trump and momentum from the AI boom…
-
Bank7 Tops Q1 Estimates on Strong Earnings, Shares Rise
Bank7 Corp. (NASDAQ:BSVN) reported first-quarter results on Tuesday that came in ahead of analyst expectations, driven by solid earnings performance. Adjusted earnings per share were $1.25, exceeding the consensus forecast of $1.01 by $0.24. Revenue reached $26.16 million, above analyst estimates of $23.63 million. The Oklahoma City-based bank holding company posted net income of $12.01…
-
Transocean Wins $445 Million Petrobras Contract Extension for Drillship
Transocean Ltd. (NYSE:RIG) said its Deepwater Corcovado drillship has secured a 1,156-day contract extension with Petrobras, adding an estimated $445 million to the company’s backlog and extending the rig’s commitment through November 2030. The new agreement is set to begin in September 2027, immediately following the completion of the vessel’s current contract. During the interim…