Earnings Call Insights: Chemed Corporation (CHE) Q1 2026 Management view "VITAS performance during the quarter exceeded even the high end of our expectations," said (CEO, President & Director Kevin McNamara), citing that VITAS "was able to add ADC" while "keeping hospice labor costs lower than budgeted" and "continuing to add cushion to the Medicare Cap position in our Florida combined program." (...
Earnings Call Insights: Chemed Corporation (CHE) Q1 2026 Management view "VITAS performance during the quarter exceeded even the high end of our expectations," said (CEO, President & Director Kevin McNamara), citing that VITAS "was able to add ADC" while "keeping hospice labor costs lower than budgeted" and "continuing to add cushion to the Medicare Cap position in our Florida combined program." (CEO McNamara) highlighted VITAS operating metrics, including: "Admissions at VITAS during the quarter totaled 19,394" and "Hospital admissions as a percent of total admissions for our Florida combined program was 43.8%"; he added that VITAS "add[ed] over $32.5 million to cap cushion in the Florida combined program" and concluded, "We are more confident than ever that VITAS has put the Florida cap issue of 2025 behind us and has returned to a normalized rate of growth." (CEO McNamara) said Roto-Rooter showed early signs of stabilization: "For the first time since the fourth quarter of 2022, residential plumbing and residential sewer and drain revenue both increased during the quarter," driven by "an increase in total leads of 3.3%" and "Paid leads during the first quarter of 2026 increased 18.7%." He also said the shift required Roto-Rooter "to increase marketing spend by almost $3 million in the quarter compared to the first quarter of 2025." (CEO McNamara) said extreme winter weather created a revenue headwind: "We estimate that these service disruptions resulted in a net loss revenue of between $3 million and $4 million during the quarter." He also announced franchise buybacks: "On March 31, 2026, Roto-Rooter purchased the territory and assets of the franchises operating in San Francisco, California, and Fort Worth, Texas," with "approximately $20.6 million" of combined purchase price; he said the acquisitions are "anticipated to add between $5 million and $5.5 million of revenue for the remainder of 2026" and are "immediately accretive to earnings." "VITAS net revenue wa...
Earnings Call Insights: Customers Bancorp (CUBI) Q1 2026 Management view "Q1 2026 was another clear demonstration of a model that is firing on all cylinders" (Vice Chairman, President & CEO Samvir Sidhu). Sidhu said the company’s strategy is unchanged following his move to Customers Bancorp CEO on January 1, adding: "the strategy, the culture and the principles that got us here are not changing." ...
Earnings Call Insights: Customers Bancorp (CUBI) Q1 2026 Management view "Q1 2026 was another clear demonstration of a model that is firing on all cylinders" (Vice Chairman, President & CEO Samvir Sidhu). Sidhu said the company’s strategy is unchanged following his move to Customers Bancorp CEO on January 1, adding: "the strategy, the culture and the principles that got us here are not changing." Sidhu highlighted balance sheet momentum and mix, including: total deposits grew 16% annualized, total loans grew 15% annualized, and "Total noninterest-bearing balances grew to a record $6.7 billion, driven by our new teams" (Vice Chairman, President & CEO Sidhu). AI and payments were positioned as core strategic priorities. "We are moving aggressively to operationalize AI across Customers Bank" (Vice Chairman, President & CEO Sidhu), and he described cubiX as "one of the largest commercial payments platforms in the country by transaction volume" while stating the platform is being broadened beyond digital assets into mortgage finance and real estate transaction settlement. "In the quarter, we delivered GAAP and core EPS of $1.97 as GAAP and core earnings were materially consistent" (Executive VP & CFO Mark McCollom). McCollom also reported deposit growth to $21.6 billion and loan growth to $17.4 billion, alongside deposit cost improvements. Outlook "We are reaffirming our full year 2026 management outlook across all key metrics" (Executive VP & CFO McCollom). He reiterated net interest income growth of 7% to 11% over 2025 and kept full-year noninterest expense at $440 million to $460 million, adding that this implies expense growth of 2% to 6% while investing in people and technology. Management kept loan and deposit growth expectations unchanged despite a strong start, with McCollom citing uncertainty: "there's certainly a lot of still geopolitical uncertainty out there in the market" (Executive VP & CFO McCollom), and saying the company is "still sticking to" the full-y...
Vallant Financial, Inc. press release ( VLNT ): Q1 GAAP EPS of $4.63. Vallant posted quarterly net income of $6.4 million, or $4.63 per diluted share, compared to $6.3 million, or $4.51 per diluted share, in the same quarter last year. Vallant grew total assets 3.43% quarter over quarter to $2.34 billion. The growth was driven by quarterly growth in deposits of 3.80% from $1.99 billion at year end...
Vallant Financial, Inc. press release ( VLNT ): Q1 GAAP EPS of $4.63. Vallant posted quarterly net income of $6.4 million, or $4.63 per diluted share, compared to $6.3 million, or $4.51 per diluted share, in the same quarter last year. Vallant grew total assets 3.43% quarter over quarter to $2.34 billion. The growth was driven by quarterly growth in deposits of 3.80% from $1.99 billion at year end to $2.06 billion as of March 31, 2026. More on Vallant Financial, Inc. Financial information for Vallant Financial, Inc.
In trading on Friday, shares of the Toyota Motor Corporation ADRhedged ETF (Symbol: TMH) entered into oversold territory, changing hands as low as $52.60 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator u
In trading on Friday, shares of the Toyota Motor Corporation ADRhedged ETF (Symbol: TMH) entered into oversold territory, changing hands as low as $52.60 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator u
In trading on Friday, shares of the Direxion Daily S&P 500 High Beta Bear 3X ETF (Symbol: HIBS) entered into oversold territory, changing hands as low as $29.67 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis
In trading on Friday, shares of the Direxion Daily S&P 500 High Beta Bear 3X ETF (Symbol: HIBS) entered into oversold territory, changing hands as low as $29.67 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis
In trading on Friday, shares of the ProShares Short SmallCap600 ETF (Symbol: SBB) entered into oversold territory, changing hands as low as $12.045 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
In trading on Friday, shares of the ProShares Short SmallCap600 ETF (Symbol: SBB) entered into oversold territory, changing hands as low as $12.045 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
In trading on Friday, shares of the Global X Defense Tech ETF (Symbol: SHLD) entered into oversold territory, changing hands as low as $67.19 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measu
In trading on Friday, shares of the Global X Defense Tech ETF (Symbol: SHLD) entered into oversold territory, changing hands as low as $67.19 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measu
In trading on Friday, shares of the Direxion Daily QCOM Bear 1X ETF (Symbol: QCMD) entered into oversold territory, changing hands as low as $24.08 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
In trading on Friday, shares of the Direxion Daily QCOM Bear 1X ETF (Symbol: QCMD) entered into oversold territory, changing hands as low as $24.08 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
Never miss an episode. Follow The Big Take daily podcast today. On today’s Big Take podcast, Bloomberg’s Apple guru Mark Gurman joins David Gura to reflect on Tim Cook’s wins and losses as CEO of Apple and what it will take for John Ternus to successfully usher in a new era for the tech behemoth. Read more: Apple CEO John Ternus Confronts Test of Retaining Top Talent Tim Cook Regrets Maps Flub, Se...
Never miss an episode. Follow The Big Take daily podcast today. On today’s Big Take podcast, Bloomberg’s Apple guru Mark Gurman joins David Gura to reflect on Tim Cook’s wins and losses as CEO of Apple and what it will take for John Ternus to successfully usher in a new era for the tech behemoth. Read more: Apple CEO John Ternus Confronts Test of Retaining Top Talent Tim Cook Regrets Maps Flub, Sees Apple Watch as His Proudest Work We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer. Listen and follow The Big Take on Apple Podcasts , Spotify or wherever you get your podcasts. Terminal clients: Visit NSUB to subscribe. This episode was produced by: Rachael Lewis-Krisky; Editors: Tracey Samuelson; Fact-checker: Eleanor Harrison-Dengate; Sound Design/Engineer: Alex Sugiura; Senior Producer: Naomi Shavin; Senior Editor: Elisabeth Ponsot; Deputy Executive Producer: Julia Weaver; Executive Producer: Nicole Beemsterboer.
(RTTNews) - Canadian stocks closed little changed on Friday as the prospects of an end to the gulf crisis amid reports indicating that Iran relaxed its hard stance supported the market. However, supply disruption concerns due to the closure of the Strait of Hormuz restricted the
(RTTNews) - Canadian stocks closed little changed on Friday as the prospects of an end to the gulf crisis amid reports indicating that Iran relaxed its hard stance supported the market. However, supply disruption concerns due to the closure of the Strait of Hormuz restricted the
imaginima/E+ via Getty Images The number of oil and gas rigs actively drilling in the U.S. rose by 1 to 544, after falling during four of the previous five weeks , Baker Hughes said Friday in its latest survey . However, the number of active drilling rigs targeting crude oil in the U.S. fell by 3 to 407 during the week ended April 24, while gas rigs gained 4 to 129, and 8 rigs were classified as m...
imaginima/E+ via Getty Images The number of oil and gas rigs actively drilling in the U.S. rose by 1 to 544, after falling during four of the previous five weeks , Baker Hughes said Friday in its latest survey . However, the number of active drilling rigs targeting crude oil in the U.S. fell by 3 to 407 during the week ended April 24, while gas rigs gained 4 to 129, and 8 rigs were classified as miscellaneous. The total rig count was down by 43, or 7.3%, from the same time last year, while oil rigs are down by 68, or 14.3%, and gas rigs are up 22, or 20.5%, from a year ago. The number of rigs targeting oil in the Permian Basin remained unchanged at 242, the oil rig count in the Eagle Ford fell by 1 to 33, and the Williston Basin stayed flat at 28. ETFs: ( USO ), ( UCO ), ( SCO ), ( USL ), ( DBO ), ( DRIP ), ( GUSH ), ( USOI ), ( UNG ), ( BOIL ), ( KOLD ), ( UNL ), ( FCG ) More on crude oil U.S. Consumer Sentiment Under Pressure From War And Rising Oil Prices Uncertainty Enters The Global Oil Market The Calm Before The Storm? Key Weekend Risk Incoming - Overnight Market Check
Marc Pinto, global head of private credit at Moody's Ratings, joins Scarlet Fu and Olivia Fishlow on "Bloomberg Real Yield." Private credit funds with outsized exposure to software and tech loans face rising refinancing and credit risks as a wave of debt maturities loom from 2028, according to Moody’s Ratings. (Source: Bloomberg)
Marc Pinto, global head of private credit at Moody's Ratings, joins Scarlet Fu and Olivia Fishlow on "Bloomberg Real Yield." Private credit funds with outsized exposure to software and tech loans face rising refinancing and credit risks as a wave of debt maturities loom from 2028, according to Moody’s Ratings. (Source: Bloomberg)
X-Energy’s stock soared out of the gate after the AI-power play’s upsized IPO priced well above the expected range. But how a stock starts out doesn’t dictate how it will perform over the longer term.
X-Energy’s stock soared out of the gate after the AI-power play’s upsized IPO priced well above the expected range. But how a stock starts out doesn’t dictate how it will perform over the longer term.
Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, during a confirmation hearing in Washington, DC, US, on Tuesday, April 21, 2026. Samuel Corum | Bloomberg | Getty Images The Department of Justice's criminal investigation into Federal Reserve Chair Jerome Powell is merely "temporarily paused," a pair of Democratic se...
Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, during a confirmation hearing in Washington, DC, US, on Tuesday, April 21, 2026. Samuel Corum | Bloomberg | Getty Images The Department of Justice's criminal investigation into Federal Reserve Chair Jerome Powell is merely "temporarily paused," a pair of Democratic senators said in a letter sent to the department Friday and obtained first by CNBC. "Your announcement leaves the door wide open for you to relaunch the criminal probe against Chair Powell – or future baseless investigations into Powell or other Fed Governors and a future Fed Chair – should it once again become politically expedient for you to do so," Sens. Elizabeth Warren , D-Mass., and Dick Durbin, D-Il., said in the letter addressed to U.S. Attorney for the District of Columbia Jeanine Pirro. Pirro said in a statement Friday that the Fed's inspector general had been asked to investigate cost overruns an ongoing renovation project. Pirro didn't specify who had made the request. Powell had last year asked the inspector general to look into the issue. Read more CNBC politics coverage Trump’s lack of focus on economy is spooking Republicans as 2026 election looms Trump orders Navy to ‘shoot and kill any boat’ laying mines in Hormuz Strait U.S. Navy Secretary John Phelan leaving Trump administration: Pentagon "I have directed my office to close our investigation as the IG undertakes this inquiry," Pirro said. "Note well, however, that I will not hesitate to restart a criminal investigation should the facts warrant doing so." Pirro's office didn't immediately respond to a request for comment. The Fed declined earlier Friday to comment on Pirro's decision. Powell in January said he had received subpoenas from Pirro's office. He denounced them as a pretext and said the Trump administration was displeased with him for not cutting interest rates faster and deeper than the Fed belie...
Why Palantir Stock Is Slumping in 2026—and Why It Could Bounce Back Barron's Why Palantir’s Story Just Entered A New Phase (NASDAQ:PLTR) Seeking Alpha Palantir Technologies (PLTR): The Trillion-Dollar Contender Nobody Is Talking About Yahoo Finance
Why Palantir Stock Is Slumping in 2026—and Why It Could Bounce Back Barron's Why Palantir’s Story Just Entered A New Phase (NASDAQ:PLTR) Seeking Alpha Palantir Technologies (PLTR): The Trillion-Dollar Contender Nobody Is Talking About Yahoo Finance