Earnings Call Insights: Asbury Automotive Group (ABG) Q1 2026 Management View "Our first quarter results highlighted efforts to transform our business by optimizing our portfolio and successfully migrating to Tekion" (President & Director David Hult), adding, "Today, over 50% of our stores are running on Tekion" and "We remain on track and anticipate to be fully converted by the fall of this year....
Earnings Call Insights: Asbury Automotive Group (ABG) Q1 2026 Management View "Our first quarter results highlighted efforts to transform our business by optimizing our portfolio and successfully migrating to Tekion" (President & Director David Hult), adding, "Today, over 50% of our stores are running on Tekion" and "We remain on track and anticipate to be fully converted by the fall of this year." "We divested 10 dealerships and a collision center at attractive multiples, representing approximately $600 million in annualized revenue" (President Hult), and said, "$147 million of the proceeds went towards repurchasing 678,000 shares of our stock with the rest directed towards reducing our debt." "Our results reflect the expected decrease in volumes as consumer demand moderated from last year's tariff-driven spike in sales" (President Hult), while noting, "New vehicle PVRs were down just $73 sequentially" and "Used vehicle PVRs on an all-store basis was $1,847, which is up sequentially 5% and 16% year-over-year." "We generated $4.1 billion in revenue" and "Our adjusted earnings per share was $5.37" (President Hult), and he added that "Parts & Service had a more challenging quarter" but "we still expect fixed operations gross profit to grow at mid-single-digit rate over time." "For our financial performance in the first quarter, adjusted net income was $102 million" (Senior VP & CFO Michael Welch), and he said, "we estimate that the weather-impacted gross profit by $19 million and EPS by $0.56." "Together, we have transformed our organization" (President Hult), and said, "It has been an honor and a privilege" while handing over prepared operational commentary to "our incoming Chief Executive Officer, Dan Clara" (COO & CEO Dan Clara) and adding, "I know our best days are ahead with Dan running the company." Outlook "We remain on track and anticipate to be fully converted by the fall of this year" (President Hult), while "costs related to integration and temporary disrup...
(RTTNews) - Alexandria Real Estate Equities, Inc. (ARE) will host a conference call at 2:00 PM ET on April 28, 2026, to discuss Q1 26 earnings results.
(RTTNews) - Alexandria Real Estate Equities, Inc. (ARE) will host a conference call at 2:00 PM ET on April 28, 2026, to discuss Q1 26 earnings results.
Securitas AB (publ) press release ( SCTBF ): Q1 Revenue of SEK 36.21B. Operating income before amortization was MSEK 2 459 (2 525) which, adjusted for changes in exchange rates, represented a real change of 8 percent (9) More on Securitas AB (publ) Securitas AB (publ) (SCTBY) Q1 2026 Earnings Call Transcript Securitas AB (publ) 2026 Q1 - Results - Earnings Call Presentation Securitas AB (publ) 202...
Securitas AB (publ) press release ( SCTBF ): Q1 Revenue of SEK 36.21B. Operating income before amortization was MSEK 2 459 (2 525) which, adjusted for changes in exchange rates, represented a real change of 8 percent (9) More on Securitas AB (publ) Securitas AB (publ) (SCTBY) Q1 2026 Earnings Call Transcript Securitas AB (publ) 2026 Q1 - Results - Earnings Call Presentation Securitas AB (publ) 2025 Q4 - Results - Earnings Call Presentation Securitas AB (publ) reports Q4 results Historical earnings data for Securitas AB (publ)
HJBC/iStock Editorial via Getty Images Introduction Capri Holdings Limited ( CPRI ) has had a rough few years with a failed merger, a brand in structural decline, and a balance sheet that at one point looked a bit concerning. But with the Versace sale now complete, debt mostly wiped out, and early signs of stabilization emerging across both Michael Kors and Jimmy Choo, the story is starting to loo...
HJBC/iStock Editorial via Getty Images Introduction Capri Holdings Limited ( CPRI ) has had a rough few years with a failed merger, a brand in structural decline, and a balance sheet that at one point looked a bit concerning. But with the Versace sale now complete, debt mostly wiped out, and early signs of stabilization emerging across both Michael Kors and Jimmy Choo, the story is starting to look more interesting. In this piece, I'll walk through the latest results, what's working and what isn't, and why I think the valuation makes Capri worth a closer look for patient investors willing to bet on a turnaround that's still very much in progress. Recent Results Capri Holdings reported Q3’26 results that came in above analyst expectations on both the top and bottom lines with revenues of $1.025 billion , ahead by $22 million, despite being down 4% year over year or 5.9% on a constant currency basis. Most of these results were driven by the continued repositioning at Michael Kors and Jimmy Choo as well as the fact that Capri previously divested its Versace operations and sold them to Prada for $1.375 billion. On the bottom line, the company’s EPS came in at $0.81, 3 cents ahead of sell-side estimates. Seeking Alpha When looking at the business results by segment, Michael Kors revenue declined 5.6%, with retail and wholesale both down mid-single digits as the company had a reduction in promotional activity and off-price distribution. On the positive side, full-price channels showed low double-digit sales gains, higher AURs, and improved sell-throughs on newer, trendy styles like smaller silhouettes and modern footwear. For Jimmy Choo, this segment delivered growth with revenue up 5% thanks to low single-digit retail gains and double-digit wholesale expansion. This was driven by a strong holiday performance in accessories (particularly Bon Bon and new lower-price architecture offerings) as well as casual footwear. Company Filings On the P&L, profitability metrics were c...
At noon, Eastern time, the S&P 500 (SNPINDEX:^GSPC) had fallen 0.68% to 7,124.89 as tech weakness pulled it from record territory, the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 1.28% to 7,124.89 on an AI‑chip sell‑off, while the Dow Jones Industrial Average (DJINDICES:^DJI
At noon, Eastern time, the S&P 500 (SNPINDEX:^GSPC) had fallen 0.68% to 7,124.89 as tech weakness pulled it from record territory, the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 1.28% to 7,124.89 on an AI‑chip sell‑off, while the Dow Jones Industrial Average (DJINDICES:^DJI
The technology secretary spoke amid concerns the UK was struggling to make its own way in AI Britain must seize the initiative in AI or be left at the “mercy and whim” of a future shaped by the technology, Liz Kendall has warned. The UK’s technology secretary said the country must have greater control over the industry as she highlighted big tech’s grip over its development, with 70% of the world’...
The technology secretary spoke amid concerns the UK was struggling to make its own way in AI Britain must seize the initiative in AI or be left at the “mercy and whim” of a future shaped by the technology, Liz Kendall has warned. The UK’s technology secretary said the country must have greater control over the industry as she highlighted big tech’s grip over its development, with 70% of the world’s artificial intelligence computing power provided by US companies. Continue reading...
Thousands of US importers who are seeking the return of their cut of $166 billion in tariffs that were overturned by the Supreme Court are having trouble getting their refunds approved through a new online portal that was designed to be largely automated. Out of the 13.3 million import entries that have cleared an initial review since the portal went live on April 20, about 15% were then denied fo...
Thousands of US importers who are seeking the return of their cut of $166 billion in tariffs that were overturned by the Supreme Court are having trouble getting their refunds approved through a new online portal that was designed to be largely automated. Out of the 13.3 million import entries that have cleared an initial review since the portal went live on April 20, about 15% were then denied for failing “entry-specific validations” as of April 26, Brandon Lord, an executive director at Customs and Border Protection , said in an update filed Tuesday with the US Court of International Trade in Manhattan. Importers can seek to fix any errors and refile, Customs said. About 1.74 million approved entries are in the refund process, the US said. Businesses and individuals paid the contested tariffs on approximately 53 million entries, according to information shared earlier by the government. The agency previously said that entries may be denied if all submitted data isn’t formatted properly or if the file is corrupted. Entries can also be rejected if the submitter isn’t the listed importer of record or the broker who filed the entry summaries on their behalf, the US said. The scramble for refunds started immediately after the Supreme Court ruled Feb. 20 that President Donald Trump unlawfully used the International Emergency Economic Powers Act, or IEEPA, to impose tariffs on goods entering the country. The 6-3 decision didn’t address the question of refunds, leaving it to the lower courts to hash out. Before the portal was announced, Judge Richard Eaton, who is overseeing the refund process, expressed concern in court about any plan that requires importers to request refunds rather than have it automatically sent back by the government based on the existing data. Read More: Most Tariff Refunds Facing Denial If Importers Don’t Opt In
Matthew Rhys and Stephen Root. | Image: Apple Kate O'Flynn views comedy and horror as "kind of the same thing." Both are at their best when they surprise - a laugh or a scare that comes out of nowhere hits the hardest. That's why, for the star of the new horror-comedy hybrid Widow's Bay , mixing up the genres makes perfect sense - they heighten each other. "You're never on steady ground," she says...
Matthew Rhys and Stephen Root. | Image: Apple Kate O'Flynn views comedy and horror as "kind of the same thing." Both are at their best when they surprise - a laugh or a scare that comes out of nowhere hits the hardest. That's why, for the star of the new horror-comedy hybrid Widow's Bay , mixing up the genres makes perfect sense - they heighten each other. "You're never on steady ground," she says. "Your guard is down, and you're vulnerable to a laugh or a cry or a scream. It's all up for grabs." Widow's Bay , which starts streaming on Apple TV on April 29th, tells the story of the titular island, which sits off the coast of New England. It has a rustic small-town charm and also happens … Read the full story at The Verge.
ALTAVISTA, Va., April 28, 2026 (GLOBE NEWSWIRE) -- Net income for Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company (“ Pinnacle ” or the “ Company ”) for First National Bank (the “ Bank ”), was $3,061,000, or $1.39 per basic and diluted share, for the quarter ended March 31, 2026 compared to net income of $2,261,000, or $1.02 per basic and diluted share, for the same perio...
ALTAVISTA, Va., April 28, 2026 (GLOBE NEWSWIRE) -- Net income for Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company (“ Pinnacle ” or the “ Company ”) for First National Bank (the “ Bank ”), was $3,061,000, or $1.39 per basic and diluted share, for the quarter ended March 31, 2026 compared to net income of $2,261,000, or $1.02 per basic and diluted share, for the same period of 2025. Quarterly consolidated results are unaudited.
For the first three years of the artificial intelligence boom, Amazon.com Inc. watched as cloud customers seeking the latest and greatest from OpenAI took their business to Microsoft Corp. But the day after Amazon’s biggest cloud rival agreed to drop its exclusive rights to resell OpenAI products, Amazon says it will finally be able to make the ChatGPT maker’s AI models available to its own custom...
For the first three years of the artificial intelligence boom, Amazon.com Inc. watched as cloud customers seeking the latest and greatest from OpenAI took their business to Microsoft Corp. But the day after Amazon’s biggest cloud rival agreed to drop its exclusive rights to resell OpenAI products, Amazon says it will finally be able to make the ChatGPT maker’s AI models available to its own customers. “It’s something that our customers have asked for, for a really long time,” Matt Garman , chief executive officer of the Amazon Web Services cloud unit, said in an interview with Bloomberg Television. Some of OpenAI’s latest models will be available to preview on AWS starting Tuesday, with the most powerful GPT models arriving “in the next couple of weeks,” Garman said. Microsoft got a jump on the large language model era thanks to a massive early investment in OpenAI. That gave Microsoft’s Azure cloud unit exclusive rights to sell OpenAI’s most powerful models. After the late 2022 launch of ChatGPT, Amazon scrambled to assemble a portfolio of the best of the rest on its Bedrock AI model marketplace, including products from OpenAI archrival Anthropic PBC and Meta Platforms Inc. Still, some longtime AWS customers, including Superhuman, formerly Grammarly, turned to Microsoft for AI services. Amazon invested $50 billion in OpenAI earlier this year , by far its biggest investment in any business, and OpenAI said it would spend an additional $100 billion on AWS computing power and chips. “We absolutely are expecting a lot of growth there,” Garman said. The two companies have jointly developed a product based on OpenAI’s models to help autonomous AI agents understand context and remember prior interactions with users. That tool, called Amazon Bedrock Managed Agents, was introduced on Tuesday at an event in San Francisco where AWS also announced a bigger push into business applications . Amazon’s tighter relationship with OpenAI coincides with growing worries that the richly...
Stock market investors have been on a roller-coaster ride this year. In March, the benchmark S&P 500 was down by as much as 9% from its peak, only to recover all of its losses and set several new record highs in April. The volatility comes as investors try to price in the economic consequences of the ongoing tensions between the U.S. and Iran, which have triggered wild swings in oil and other comm...
Stock market investors have been on a roller-coaster ride this year. In March, the benchmark S&P 500 was down by as much as 9% from its peak, only to recover all of its losses and set several new record highs in April. The volatility comes as investors try to price in the economic consequences of the ongoing tensions between the U.S. and Iran, which have triggered wild swings in oil and other commodities. But even with the S&P 500 trading at its best-ever level, not every individual stock has made a full recovery. Shares of Uber Technologies (NYSE: UBER) and CrowdStrike (NASDAQ: CRWD) are still down 24% and 17% from their respective peaks. Here's why investors might want to buy them both. Image source: Getty Images. Continue reading
Did you know that, as big as global e-commerce is, it's still growing at an incredibly fast rate? According to estimates from Grand View Research, the e-commerce market is expected to be worth nearly $156 billion by 2033. That's up from just under $34 billion this past year, and that expansion translates into a compounded annual growth rate of 21.6% . That means e-commerce is still a great place t...
Did you know that, as big as global e-commerce is, it's still growing at an incredibly fast rate? According to estimates from Grand View Research, the e-commerce market is expected to be worth nearly $156 billion by 2033. That's up from just under $34 billion this past year, and that expansion translates into a compounded annual growth rate of 21.6% . That means e-commerce is still a great place to invest in today. One stock that's made a name for itself in e-commerce over the years is Shopify (NASDAQ: SHOP) . Lately, however, it's been struggling, and its shares are down nearly 25% since the start of 2026. Has it become a bargain buy, and is it too good a growth stock to pass up on right now? Image source: Getty Images. Continue reading
Appeals Court Temporarily Allows Pentagon To Require Escorts For Reporters Authored by Aldgra Fredly via The Epoch Times (emphasis ours), A U.S. appeals court on April 27 temporarily allowed the Department of War to require reporters entering Pentagon grounds to be escorted while the government appeals a lower court ruling. The Pentagon is seen from a flight taking off from Ronald Reagan Washingto...
Appeals Court Temporarily Allows Pentagon To Require Escorts For Reporters Authored by Aldgra Fredly via The Epoch Times (emphasis ours), A U.S. appeals court on April 27 temporarily allowed the Department of War to require reporters entering Pentagon grounds to be escorted while the government appeals a lower court ruling. The Pentagon is seen from a flight taking off from Ronald Reagan Washington National Airport in Arlington, Va., on Nov. 29, 2022. Alex Wong/Getty Images/TNS In a 2–1 decision, a three-judge panel from the U.S. Court of Appeals for the District of Columbia Circuit stayed an April 9 order issued by U.S. District Judge Paul Friedman , which found the department’s revised press access policy violated his previous order by mandating escorts for reporters entering the Pentagon. The panel said the department has shown that it is likely to succeed on the merits of its case. According to the ruling, the department argued that allowing journalists to enter the Pentagon unescorted could increase the risk of sensitive information being disseminated. “ The Department has thus supported its claim that this aspect of its policy furthers important national security interests, ” the ruling stated. Pentagon spokesman Sean Parnell welcomed the appeals court’s decision and emphasized that journalists continue to hold valid press credentials and access to Pentagon briefings, press conferences, and interviews. “Despite what many in the media have told you, the Department’s policy has never been about limiting journalism—it is about safeguarding classified information that protects American lives ,” Parnell said on X. The New York Times challenged the Pentagon’s rules in December 2025 , arguing that its press access policy violated the U.S. Constitution’s First Amendment by restricting journalists’ ability to “ask questions of government employees and gather information to report stories that take the public beyond official pronouncements.” Friedman subsequently blocke...
The latest Kindle Paperwhite adds waterproofing, so you can read by the pool. | Image: The Verge Mother’s Day is coming up, and if you’re looking for a present, we recently published our gift guide with a range of ideas. One of those recommendations is the $109.99 entry-level Kindle , but right now you can buy the latest version of the higher-end Kindle Paperwhite with 16GB of storage and ads on s...
The latest Kindle Paperwhite adds waterproofing, so you can read by the pool. | Image: The Verge Mother’s Day is coming up, and if you’re looking for a present, we recently published our gift guide with a range of ideas. One of those recommendations is the $109.99 entry-level Kindle , but right now you can buy the latest version of the higher-end Kindle Paperwhite with 16GB of storage and ads on sale starting at $134.99 ($25 off) at Amazon , Best Buy , and Target , making it the better buy. That’s its best price of the year, and $10 shy of the all-time low we last saw on Black Friday. The Kindle Paperwhite Signature Edition, which adds wireless charging and double the base storage, is also on sale for $164.99 ($25 off) at Amazon and Best Buy . Kindle Paperwhite (12th-gen) Where to Buy: $159.99 $134.99 at Amazon (with ads) $159.99 $134.99 at Best Buy (with ads) $159.99 $134.99 at Target (with ads) For about $15 more, the Kindle Paperwhite adds waterproofing, so you (or mom) can read by the pool or in the bath without worrying. It also adds an adjustable warm frontlight that, in my experience, is easier on the eyes at night and less disruptive when you’re trying to wind down before bed. I also find its larger seven-inch display is slightly more comfortable to read, while battery life lasts months, so you won’t need to recharge it as often. Like the base Kindle, the Paperwhite also offers a sharp 300ppi display and USB-C support. It weighs less than the iPhone 17 Pro Max with enough storage to hold thousands of books — though fewer if you’re downloading audiobooks — so you can easily take your library on the go. And when you want something new to read, it’s incredibly easy to browse, buy, and download books directly from Amazon’s Kindle store, which is why it’s my go-to pick for those embedded in Amazon’s ecosystem. Read our latest Kindle Paperwhite review. Some more ways to save Newegg is selling the PC edition of Marathon for $26.99 ($13 off) with code EPF4475. Set i...
VanderWolf-Images/iStock Editorial via Getty Images Airbus ( EADSF ) ( EADSY ) down 1.6% in Tuesday's trading after reporting a sharp decline in Q1 core profit on Tuesday, falling well below market expectations as the planemaker delivered fewer aircraft and was hurt by a weaker dollar. Q1 adjusted EBIT plunged 52% Y/Y to €300M (~$351M), down from €624M in the year-earlier quarter and well below ...
VanderWolf-Images/iStock Editorial via Getty Images Airbus ( EADSF ) ( EADSY ) down 1.6% in Tuesday's trading after reporting a sharp decline in Q1 core profit on Tuesday, falling well below market expectations as the planemaker delivered fewer aircraft and was hurt by a weaker dollar. Q1 adjusted EBIT plunged 52% Y/Y to €300M (~$351M), down from €624M in the year-earlier quarter and well below FactSet expectations of €378M, while sales fell 7% Y/Y to €12.65B ($14.82B), slightly above the €12.58B consensus. Airbus ( EADSF ) ( EADSY ) confirmed its full-year delivery target, saying it is on track to ship ~870 commercial aircraft to customers this year, vs. 793 it shipped in 2025 - a sign of confidence that it can assemble enough planes despite an engine shortage that forced it to slow production of its best-selling A320 jets . The company has faulted Pratt & Whitney for failing to meet contractual obligations, leaving it at a disadvantage just as rival Boeing continues to improve production. Airbus ( EADSF ) ( EADSY ) reported cash outflow of €2.5B in the quarter, compared with a €310M drop a year earlier, because of the lower aircraft delivery and a planned buildup of inventory as it prepares for higher output. The company had already disclosed that it delivered 114 commercial aircraft in Q1, down from 136 aircraft in the same quarter last year, meaning it would need to send ~756 units in the three remaining quarters this year to meet its goal. More on Airbus Boeing Is Beating Airbus Where It Matters Most Airbus: Orders Explode, But Delivery Crisis Deepens Airbus Shareholder/Analyst Call - Slideshow
Tech company is latest Silicon Valley firm to sign agreement with US military despite widespread employee opposition Google has reportedly signed a deal with the US Pentagon to use its artificial intelligence models for classified work. The tech company joins a growing list of Silicon Valley firms inking agreements with US military. The agreement allows the Pentagon to use Google’s AI for “any law...
Tech company is latest Silicon Valley firm to sign agreement with US military despite widespread employee opposition Google has reportedly signed a deal with the US Pentagon to use its artificial intelligence models for classified work. The tech company joins a growing list of Silicon Valley firms inking agreements with US military. The agreement allows the Pentagon to use Google’s AI for “any lawful government purpose”, the report from the Information added, putting it alongside OpenAI and Elon Musk’s xAI, which also have deals to supply AI models for classified use. Similar agreements, both at Google and other AI firms, have sparked significant disagreements with the Pentagon and major employee pushback. Continue reading...
(RTTNews) - European markets closed mixed on Tuesday with investors closely following the developments on the geopolitical front and looking ahead to the monetary policy meetings of several top central banks.
(RTTNews) - European markets closed mixed on Tuesday with investors closely following the developments on the geopolitical front and looking ahead to the monetary policy meetings of several top central banks.