PowerBank Corporation ( SUUN ) on Tuesday said it has raised approximately $13.68 million USD through the sale of 7.74 million common shares under its at-the-market equity offering program. The company said the net proceeds will be used to support its renewable energy project development pipeline, strengthen its position as an independent power producer, fund operations, investor relations, and wo...
PowerBank Corporation ( SUUN ) on Tuesday said it has raised approximately $13.68 million USD through the sale of 7.74 million common shares under its at-the-market equity offering program. The company said the net proceeds will be used to support its renewable energy project development pipeline, strengthen its position as an independent power producer, fund operations, investor relations, and working capital. PowerBank noted its development pipeline exceeds one gigawatt, with more than 100 megawatts of renewable energy capacity already developed. SUUN +3.21% premarket to $1.5999. Source: Press Release More on PowerBank Corporation Seeking Alpha’s Quant Rating on PowerBank Corporation Historical earnings data for PowerBank Corporation Financial information for PowerBank Corporation
(RTTNews) - While reporting financial results for the third quarter on Friday, industrial supply company W.W. Grainger, Inc. (GWW) initiated its earnings and net sales guidance for the full-year 2026. For fiscal 2026, the company now projects earnings in a range of $42.25 to $44.75 per share on net sales between $18.7 billion and 19.1 billion, with sales growth of 4.2 to 6.7 percent and daily, org...
(RTTNews) - While reporting financial results for the third quarter on Friday, industrial supply company W.W. Grainger, Inc. (GWW) initiated its earnings and net sales guidance for the full-year 2026. For fiscal 2026, the company now projects earnings in a range of $42.25 to $44.75 per share on net sales between $18.7 billion and 19.1 billion, with sales growth of 4.2 to 6.7 percent and daily, organic constant currency sales growth of 6.5 to 9.0 percent. On average, analysts polled expect the company to report earnings of $43.84 per share on revenue of $18.83 billion for the year. Analysts' estimates typically exclude special items. In Tuesday's pre-market trading, GWW is trading on the NYSE at $1,089.00, down $6.52 or 0.60 percent. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Western Digital Corp. (WDC), a manufacturer of data storage devices and solutions, Tuesday announced that it has authorized an additional $4 billion of share repurchases, effective immediately. As of February 2, the company had around $484 million remaining under the its prior repurchase program. In pre-market activity, WDC shares were trading at $282.50, up 4.59% on the Nasdaq. The vi...
(RTTNews) - Western Digital Corp. (WDC), a manufacturer of data storage devices and solutions, Tuesday announced that it has authorized an additional $4 billion of share repurchases, effective immediately. As of February 2, the company had around $484 million remaining under the its prior repurchase program. In pre-market activity, WDC shares were trading at $282.50, up 4.59% on the Nasdaq. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Illinois Tool Works (ITW) said it is initiating 2026 guidance including GAAP EPS in the range of $11.00 to $11.40 per share, which represents seven percent earnings growth at the mid-point. The company projects revenue growth of two to four percent and organic growth of one to three percent based on current levels of demand and present foreign exchange rates. Operating margin is projec...
(RTTNews) - Illinois Tool Works (ITW) said it is initiating 2026 guidance including GAAP EPS in the range of $11.00 to $11.40 per share, which represents seven percent earnings growth at the mid-point. The company projects revenue growth of two to four percent and organic growth of one to three percent based on current levels of demand and present foreign exchange rates. Operating margin is projected to be in the range of 26.5 to 27.5 percent, an improvement of approximately 100 basis points with enterprise initiatives contributing 100 basis points. The company expects all seven segments to deliver positive organic growth and operating margin expansion in 2026. Fourth quarter net income increased to $790 million from $750 million, prior year. GAAP EPS was $2.72, an increase of 7%. Revenue was $4.1 billion, an increase of 4.1%. Organic revenue growth was 1.3 percent. In pre-market trading on NYSE, Illinois Tool Works shares are down 0.21 percent to $264.01. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
India’s agreement with the US to buy $500 billion-worth of goods over five years includes an existing pipeline of projects, as well as new areas of spending, such as data centers and energy, an official in New Delhi said. A joint statement on a US-India framework trade agreement will likely be published in the next 2-3 days, fleshing out more details of the deal announced by US President Donald Tr...
India’s agreement with the US to buy $500 billion-worth of goods over five years includes an existing pipeline of projects, as well as new areas of spending, such as data centers and energy, an official in New Delhi said. A joint statement on a US-India framework trade agreement will likely be published in the next 2-3 days, fleshing out more details of the deal announced by US President Donald Trump on Monday, the official told reporters on Tuesday. Tariffs on some Indian goods exported to the US will be cut to zero, the official said. On plans to halt Russian oil purchases, the official said India’s government believes in diversifying its sources of energy. The government doesn’t dictate to companies where to buy oil, and if they wanted to purchase sanctioned Russian oil, it’s their decision to do so, the official said. Read More: Trump’s Surprise Trade Deal With India Resets Fractured Ties
SharpLink Gaming Inc ( Nasdaq: SBET ) said on Tuesday it has officially changed its corporate name to Sharplink Inc, effective immediately. The company said the change reflects its broader strategic focus, while its business operations, capitalization, board of directors, and executive leadership remain unchanged. The amendment was filed with the Delaware Secretary of State. SBET +0.51% premarket ...
SharpLink Gaming Inc ( Nasdaq: SBET ) said on Tuesday it has officially changed its corporate name to Sharplink Inc, effective immediately. The company said the change reflects its broader strategic focus, while its business operations, capitalization, board of directors, and executive leadership remain unchanged. The amendment was filed with the Delaware Secretary of State. SBET +0.51% premarket to $7.83. Source: Press Release More on SharpLink Gaming SharpLink Vs. Bitmine: Why I Prefer A $1.5B Buyback Over 50 Billion Shares Of Dilution SharpLink Gaming: How To Get Ethereum Exposure At A 17% Discount SharpLink Gaming: An Undervalued Ethereum Proxy With 24% Upside Coinbase, MSTR, Circle, others retreat after bitcoin's weekend slide SharpLink appoints Joseph Chalom as sole CEO and member of the board
Analysts at Wells Fargo and Bernstein believe that investors are leaving value on the table when it comes to FedEx . Both investment firms upgraded the transportation stock to overweight from prior ratings of equal-weight and market-perform. Wells Fargo's $380 price target, raised from $295, implies that FedEx could add 13% from here. Bernstein's new target price of $427, hiked from $306, correspo...
Analysts at Wells Fargo and Bernstein believe that investors are leaving value on the table when it comes to FedEx . Both investment firms upgraded the transportation stock to overweight from prior ratings of equal-weight and market-perform. Wells Fargo's $380 price target, raised from $295, implies that FedEx could add 13% from here. Bernstein's new target price of $427, hiked from $306, corresponds to a 27% rally. Shares of FedEx have surged 36% in the past 12 months. FDX 1Y mountain FDX 1Y chart "The stock has been working, and can continue to work as improving parcel fundamentals and the freight spin make the stock uniquely attractive in a market looking for cyclical exposure," wrote Bernstein analyst David Vernon. Both firms highlighted FedEx's investor day next week as a near-term catalyst for the stock. Vernon and Wells Fargo analyst Christian Wetherbee both said that it is likely the company reveals upside for profits in its Express business. Wetherbee estimated "a path to potentially as much as ~$30 in earnings for the combined company through F29" and said it is likely that the company will "outline solid multi-year targets." Vernon added that FedEx should also speak to continuing market share gains in small packages and wrote that this could show earnings power of between $21 to $27. "If we assume that trades at a low to mid-teens multiple — which we see as conservative given the markets appetite for relatively attractively priced cyclical exposure — then the current valuation doesn't reflect the full value of the LTL Freight business," Vernon added. "LTL stocks have a ton of operating leverage to expanding PMIs and pricing leverage to higher truck rates." LTL, or less-than-truckload shipping, refers to operations where a single trailer carries packages from different shippers. Vernon and Wetherbee also pointed out that FedEx is getting serious about international opportunities, specifically in Europe. "Last week FedEx announced the reorganization of its ...
Pornpimone Audkamkong/iStock via Getty Images Market Commentary During the fourth quarter of 2025, mixed economic data and shifts in the monetary policy outlook largely drove global fixed income markets. In the United States, a prolonged government shutdown added to uncertainty and weighed on investor sentiment, even as the Federal Reserve delivered two rate cuts. The trade-weighted U.S. dollar wa...
Pornpimone Audkamkong/iStock via Getty Images Market Commentary During the fourth quarter of 2025, mixed economic data and shifts in the monetary policy outlook largely drove global fixed income markets. In the United States, a prolonged government shutdown added to uncertainty and weighed on investor sentiment, even as the Federal Reserve delivered two rate cuts. The trade-weighted U.S. dollar was mostly flat and global corporate spreads remained near historical tights. Over the course of 2025, most major central banks eased policy as labor market developments began to outweigh inflation concerns. The 10-year U.S. Treasury yield declined, while long-term yields in most other developed markets rose. Longer-dated yields generally declined across emerging markets, including in Brazil, Mexico, and South Africa. The U.S. dollar weakened by 7.2% over the course of the year as interest rate and growth differentials narrowed, external and fiscal deficits persisted, and doubts about U.S. exceptionalism grew. Global credit spreads continued to move tighter, supported by resilient corporate fundamentals. Portfolio Strategy Consistent with our long-term investment horizon and valuation discipline, we reduced the Fund’s credit weighting by two percentage points to 35% in 2025, marking the third consecutive year of credit reductions.[2] While credit spreads are at historically expensive levels, we continue to identify attractive credit investments through our bottom-up research process. For example, in the fourth quarter, we modestly increased the Fund’s credit exposure by purchasing Verizon’s first-ever issuance of subordinated hybrid securities and adding to Charter Communications.[3] Meanwhile, we added approximately four percentage points to the Fund’s Securitized sector weight over the year, particularly Agency[4] mortgage-backed securities (MBS) and highly rated prime auto loan asset-backed securities (ABS), which we believe contribute attractive risk-adjusted incremental ...
Key Points The energy sector is commodity-driven and volatile. Chevron's business model is vertically integrated. Chevron's balance sheet is rock solid. 10 stocks we like better than Chevron › If you're looking at a company that produces oil, you'll have to accept some volatility. The energy sector goes through booms and busts, and there's nothing that can be done about it, given that oil is a com...
Key Points The energy sector is commodity-driven and volatile. Chevron's business model is vertically integrated. Chevron's balance sheet is rock solid. 10 stocks we like better than Chevron › If you're looking at a company that produces oil, you'll have to accept some volatility. The energy sector goes through booms and busts, and there's nothing that can be done about it, given that oil is a commodity. However, not all oil companies are the same. Chevron (NYSE: CVX) is probably one of the smartest ways to invest in the energy sector, and it has a very attractive 4% dividend yield, too. Chevron is diversified One of the core reasons to like Chevron is its vertical integration, which means it owns assets across the upstream (energy production), midstream (pipelines), and downstream (chemicals and refining) segments of the broader energy sector. Each industry segment operates a little differently through the energy cycle, so having all three in one business helps to soften the revenue and earnings effect of commodity price swings. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » That said, Chevron is not the only vertically integrated energy company. It competes with a number of other large, integrated energy companies, like ExxonMobil (NYSE: XOM), Shell (NYSE: SHEL), BP (NYSE: BP), and TotalEnergies (NYSE: TTE). What sets it apart is its combination of yield, financial strength, and dividend consistency. Chevron has a great track record Chevron's streak of annual dividend increases is 38 years long, second only to ExxonMobil's 43 years. However, ExxonMobil's dividend yield is 2.9%, more than a percentage point lower than that of Chevron. Most investors will likely prefer the higher yield, given the similarly strong dividend histories. Shell and BP both cut their dividends in 2020 during the energy downturn that accompanied the coronavirus pandemic...