Cargojet ( CJT:CA ) on Thursday said that it has agreed to sell its minority investment in U.S.-based air cargo operator 21 Air. The Canadian cargo airline said the move is aimed at sharpening its focus on core operations, including its domestic network, ACMI and charter services. Cargojet added it will continue to collaborate with 21 Air on select commercial opportunities following the divestment...
Cargojet ( CJT:CA ) on Thursday said that it has agreed to sell its minority investment in U.S.-based air cargo operator 21 Air. The Canadian cargo airline said the move is aimed at sharpening its focus on core operations, including its domestic network, ACMI and charter services. Cargojet added it will continue to collaborate with 21 Air on select commercial opportunities following the divestment. CGJTF +1.90% after hours to $59.4626. Source: Press Release More on Cargojet Inc. Cargojet Inc. (CJT:CA) Q4 2025 Earnings Call Transcript Cargojet: Strong Buy Despite Earnings Cuts And A 32% Rally Historical earnings data for Cargojet Inc. Dividend scorecard for Cargojet Inc. Financial information for Cargojet Inc.
Intel rose after agreeing to repurchase Apollo’s stake in its Fab 34 facility, restoring full ownership as investors look to quarterly results later this month for progress on margins and its foundry strategy.
Intel rose after agreeing to repurchase Apollo’s stake in its Fab 34 facility, restoring full ownership as investors look to quarterly results later this month for progress on margins and its foundry strategy.
Intel (NASDAQ:INTC), which designs and manufactures microprocessors and related technologies, closed Thursday at $50.38, up 4.89%. The stock advanced as investors responded to the $14.2 billion Fab 34 stake repurchase from Apollo and are watching how the move supports Intel’s bro
Intel (NASDAQ:INTC), which designs and manufactures microprocessors and related technologies, closed Thursday at $50.38, up 4.89%. The stock advanced as investors responded to the $14.2 billion Fab 34 stake repurchase from Apollo and are watching how the move supports Intel’s bro
PM Images/DigitalVision via Getty Images Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts. However, since this list is only produced once per month, the data in it can quickly get out of date. Furthermore, with around 700 companies on the list, the sheer amount of data can quickly become overwhelming. In ...
PM Images/DigitalVision via Getty Images Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts. However, since this list is only produced once per month, the data in it can quickly get out of date. Furthermore, with around 700 companies on the list, the sheer amount of data can quickly become overwhelming. In this weekly series, I highlight recent and upcoming dividend related activity for dividend stocks on the Dividend Champions list. In the data presented below, Yield is forward annualized and Years reflects the up-to-date streak, including dividends declared since the last edition of the Dividend Champions list. Dividend Changes In the past week, the following companies declared dividends which changed from their previous payouts. Increases: Company Symbol Ex-Div Pay Old Rate New Rate Increase Yield Years CSW Industrials, Inc. ( CSW ) 4/24 5/8 0.27 0.3 11.11% 0.46% 8 GFL Environmental Inc. ( GFL ) 4/13 4/30 0.0154 0.0169 9.74% 0.15% 7 Bank OZK ( OZK ) 4/13 4/20 0.46 0.47 2.17% 4.06% 30 The TJX Companies, Inc. ( TJX ) 5/14 6/4 0.425 0.48 12.94% 1.19% 6 Trinity Bank, N.A. ( TYBT ) 4/15 4/30 1 1.03 3.00% 2.15% 15 Watsco, Inc. ( WSO ) 4/16 4/30 3 3.3 10.00% 3.56% 13 Click to enlarge Decreases: None Last Chance to Buy These dividend growth stocks have ex-dividend dates approaching. The following tables indicate the last day you can buy these stocks in order to be eligible for the upcoming dividend. Tables are sorted alphabetically by symbol. Monday Apr 6 (Ex-Div 4/7) Company Symbol Pay Date Payout Price Yield Years Edison International ( EIX ) 4/30 0.8775 73.46 4.78% 23 Erie Indemnity Company ( ERIE ) 4/21 1.4625 249.51 2.34% 36 The First Bancorp, Inc. ( FNLC ) 4/17 0.37 28.60 5.17% 12 Preferred Bank ( PFBC ) 4/21 0.8 91.19 3.51% 6 John Wiley & Sons, Inc. ( WLY ) 4/23 0.355 39.05 3.64% 32 Click to enlarge Tuesday Apr 7 (Ex-Div 4/8) Company Symbol Pay Date Payout Price Yield Years...
simonkr PG&E's ( PCG ) Diablo Canyon nuclear power plant—the last of its kind in California—received approval Thursday from the U.S. Nuclear Regulatory Commission to operate another 20 years, with its license now stretching until 2045. Diablo Canyon was scheduled to shut in 2025, but the plant that generates ~2,200 MW of energy, accounting for 8.5% of the state's power, has continued to operate i...
simonkr PG&E's ( PCG ) Diablo Canyon nuclear power plant—the last of its kind in California—received approval Thursday from the U.S. Nuclear Regulatory Commission to operate another 20 years, with its license now stretching until 2045. Diablo Canyon was scheduled to shut in 2025, but the plant that generates ~2,200 MW of energy, accounting for 8.5% of the state's power, has continued to operate in the face of rising demand and higher power bills. "The renewed federal licenses for the plant’s two units mean Diablo Canyon will continue to provide critical 24/7 carbon-free electricity as California navigates growing electricity demand and hotter summers, while continuing investments in grid reliability and additional clean energy resources," California's Governor Newsom said . In 2022, California's l egislature passed Senate Bill 846, which directed PG&E ( PCG ) to take action to extend the plant's operating license to support the state's energy grid. The NRC typically grants operating license extensions in 20-year increments, but California law currently allows Diablo Canyon to operate only through 2030. More on PG&E PG&E: Buy A Redesigned Company PG&E Starting To Climb Out Of Valuation Pit PG&E Q4 2025 Earnings Call Transcript
"Save Every Drop Of Fuel": South Korea Tells Citizens To Conserve, Ride Public Transit Amid Energy Shock The Gulf energy shock is now hitting Asian economies with full force. In Seoul, President Lee Jae Myung on Thursday urged citizens to " save every drop of fuel ," a new sign policymakers are moving quickly into crisis mode as the U.S.-Iran conflict raises the risk of nasty fuel shortages across...
"Save Every Drop Of Fuel": South Korea Tells Citizens To Conserve, Ride Public Transit Amid Energy Shock The Gulf energy shock is now hitting Asian economies with full force. In Seoul, President Lee Jae Myung on Thursday urged citizens to " save every drop of fuel ," a new sign policymakers are moving quickly into crisis mode as the U.S.-Iran conflict raises the risk of nasty fuel shortages across some of Asia's most energy- and Hormuz-dependent economies. Lee told lawmakers in a parliamentary address about the urgent need to conserve fuel. He warned that the Middle East crisis has triggered one of the worst energy shocks ever. " I earnestly appeal to all citizens to actively participate in energy-saving movements in daily lives, such as taking public transportation and conserving electricity ," Lee said. He added, " The current crisis is not a passing shower that quickly subsides, but rather a massive storm whose duration is uncertain, making it all the more severe ." South Korea is trying to offset a collapse in energy imports from the Gulf region, with the Hormuz chokepoint still disrupted as the U.S.-Iran conflict enters its second month. Lee's government proposed a $17 billion emergency program to cushion households and businesses against fuel price shock. Seoul has already imposed a fuel price cap, expanded fuel tax cuts , and moved to secure alternative supplies of key petrochemicals such as naphtha, as well as urea for fertilizer. Seoul also announced it will delay the shutdown of coal-fired power plants and has lifted caps on coal-fired electricity, as coal switching across Asia goes into high gear to offset losses in Gulf energy flows. In South Asia, India has told coal-fired power plants to crank up power generation. Australian officials asked citizens to trade their cars for public transport to conserve fuel. Fuel shortages in the country have become visible in recent weeks because it is highly exposed to Gulf energy flows. Last month, China halted refin...
Blue Owl Capital (NYSE:OWL), an alternative asset manager, closed Thursday at $8.57, down 1.61%. The stock moved lower after news that it would restrict withdrawals on two of its funds.
Blue Owl Capital (NYSE:OWL), an alternative asset manager, closed Thursday at $8.57, down 1.61%. The stock moved lower after news that it would restrict withdrawals on two of its funds.
In this article .SPX .IXIC Follow your favorite stocks CREATE FREE ACCOUNT CNBC's Jim Cramer outlined Thursday what investors should watch in the week ahead, including Middle East developments, major earnings releases and key economic prints. The "Mad Money" host's weekly game plan follows a volatile session on Wall Street. Stocks ripped higher Thursday on media reports that Iran is working with O...
In this article .SPX .IXIC Follow your favorite stocks CREATE FREE ACCOUNT CNBC's Jim Cramer outlined Thursday what investors should watch in the week ahead, including Middle East developments, major earnings releases and key economic prints. The "Mad Money" host's weekly game plan follows a volatile session on Wall Street. Stocks ripped higher Thursday on media reports that Iran is working with Oman to draft a protocol to "monitor" Hormuz Strait traffic – a big reversal from earlier losses seen after President Trump 's escalatory rhetoric late Wednesday. "In a world where investors want the war to end quickly, it was surprising to see any sort of rally before the weekend," Cramer said. "The fog of war seems foggier than ever, except this session it ended a little clearer and more positive than we thought, after the president's bellicose speech last night." Cramer's remarks follow a hefty week of gains for the stock market. The S&P 500 and Nasdaq Composite both snapped their five-week losing streaks. The broad-market index jumped 3.4% during the holiday-shortened trading week, while the tech-heavy Nasdaq added 4.4%. In the week ahead, Cramer wants to see if the market can continue to climb higher. It might be difficult, however, if the war escalates in the coming days. In fact, Cramer said that on Monday investors will be "digesting this weekend's war damage in Iran and everywhere else." But he argued that it's nearly impossible to predict what's next with all the conflicting messages coming from Trump and Iranian authorities. "We keep expecting that there will be a moment when the Iranians have no more missiles and no more drones," Cramer said. "Frankly, Iran seems as strong as it was when the war started. Even if you cut off the head of the snake, it seems to mean nothing." Other than a resolution with Iran, Cramer's keeping a close watch on earnings reports. On Tuesday, Levi Strauss will report quarterly results after the close. Although the clothing company keep...
Getty Images Introduction Now that we have the whole 2025 performance out, I wanted to revisit Espey Mfg. & Electronics Corp. ( ESP ) to see how it performed and what it needs to do going forward. I see a fantastic improvement in operations, which I hope is not a one-off, and I hope this sort of profitability can be sustained. At the moment, the company’s valuation is getting close to its fair val...
Getty Images Introduction Now that we have the whole 2025 performance out, I wanted to revisit Espey Mfg. & Electronics Corp. ( ESP ) to see how it performed and what it needs to do going forward. I see a fantastic improvement in operations, which I hope is not a one-off, and I hope this sort of profitability can be sustained. At the moment, the company’s valuation is getting close to its fair value, so I don’t think that buying right now will give a good return. Therefore, I am downgrading it to a Hold. Last time I covered it was back in October last year, when I gave it a Buy rating, and since then, the company has performed really well compared to the SPY ( SPY ). Seeking Alpha The Financials Looking at the company’s top-line performance for 2025, we can see a steady downtrend, which is not ideal, to say the least. The problem came down to timing, as the management put it. The latest quarter showed sales came in at around $12m, down almost 11% y/y. If it’s only a timing issue, then I am not necessarily worried. These issues always resolve themselves. On top of that, the next quarter comps will be a lot easier to beat next time, which is a positive in a way. We can tell that this is a temporary obstacle, because the company’s backlog continued to increase, going from $120m last year to $134.7m this time around. That’s around 11% increase. I expect to see the trend reversing. Seeking Alpha Let’s take a look at what happened to the company’s profitability during the year. Here, we can see a substantial improvement. The biggest improvement comes from the company’s ability to dramatically reduce its cost of sales. In the latest quarter, the cost of sales came in at around $8m, while at the same time last year, the cost of sales was close to $10.5m. A 24% reduction in costs. This is especially important when the top line is not performing as well as it could. The management attributed the margin expansion to a favorable product mix, improved labor efficiency, and proce...
Senator Mark Warner (D-VA) and Sen. Adam Schiff (D-Calif.). Nathan Posner | Anadolu | Tom Williams | CQ-Roll Call, Inc | Getty Images Sens. Mark Warner , D-Va., and Adam Schiff , D-Calif., demanded answers on potential insider trading in government in a letter sent Thursday to the head of the Securities and Exchange Commission and the Department of Defense inspector general. The senators cited pub...
Senator Mark Warner (D-VA) and Sen. Adam Schiff (D-Calif.). Nathan Posner | Anadolu | Tom Williams | CQ-Roll Call, Inc | Getty Images Sens. Mark Warner , D-Va., and Adam Schiff , D-Calif., demanded answers on potential insider trading in government in a letter sent Thursday to the head of the Securities and Exchange Commission and the Department of Defense inspector general. The senators cited public reporting of "large positions in equities and equity-linked derivatives" being built up before major policy announcements, such as decisions related to the Iran war and President Donald Trump 's tariffs agenda. And they suggested those instances indicate "federal officials are disclosing material nonpublic information for financial gain." "Recent reports of equity trading that occurred shortly before significant government policy announcements suggest that federal officials are disclosing material nonpublic information for financial gain," the lawmakers wrote in the letter to SEC Chair Paul Atkins and Pentagon IG Platte Moring. "These actions undermine public interest and market integrity, and demand oversight by each of your respective authorities, as well as by Congress." The letter comes after a slew of reporting that positions have been built up ahead of major policy announcements, which could yield a large benefit afterward. Prediction markets have caught similar heat recently, and the Financial Times reported that a broker associated with Defense Secretary Pete Hegseth looked to make a multimillion-dollar buy into a defense-related fund before the White House began the war against Iran. Read more CNBC politics coverage Grocery shock on the horizon for approaching U.S. elections as Iran war drags on DHS shutdown: Senate advances deal to fund agency with TSA, waits on House Analysis: Trump’s Iran speech ignores the risks of a return to the 1970s Trump Iran speech recap: President again says war is nearly over, vows ‘extremely hard’ hits in coming weeks Warner, the t...
If Donald Trump intended his speech about the Iran war last night to have a reassuring effect on oil markets, Thursday’s numbers reflected a distinct lack of success on that front. The 79-year-old president on Wednesday ( and again today ) reiterated his whipsaw social media strategy of threatening continued bombing of Iran—including targeting civilian infrastructure—while saying the war will soon...
If Donald Trump intended his speech about the Iran war last night to have a reassuring effect on oil markets, Thursday’s numbers reflected a distinct lack of success on that front. The 79-year-old president on Wednesday ( and again today ) reiterated his whipsaw social media strategy of threatening continued bombing of Iran—including targeting civilian infrastructure—while saying the war will soon be over. (And like the US military strikes on civilian boats in the Caribbean , attacks on civilian installations could constitute a war crime .) Trump did not, however, articulate a clear endgame to a conflict that’s triggered the biggest energy crisis in 50 years. After another week of fighting and confused messaging from the White House, oil markets became more decisive: The most important price for real-world oil barrels surged above $140 . Dated Brent, the price of shipments bought and sold in the North Sea, reached $141.37. Previous measures of Iran war-driven oil spikes cited by comparison fallout from the full-scale Russian invasion of Ukraine in 2022. Today’s prices are more in the neighborhood of the 2008 global financial crisis. Dated Brent underpins a significant number of transactions where actual cargoes are bought and sold—and a large volume of supply has been lost to the war. The futures market, on the other hand, is weighted largely to financial trading in so-called paper barrels. What You Need to Know Today The troubled private credit market experienced fresh pain Thursday. Blue Owl Capital will limit redemptions from two of its private credit funds after facing a surge in withdrawal requests—unprecedented among major firms in the opaque $1.8 trillion market. Wall Street was not amused . Investors in its $36 billion Blue Owl Credit Income Corp. fund, one of the industry’s largest, asked to pull 21.9% of shares in the three months ended March 31, according to an investor letter, up from 5.2% in the prior period. The smaller Blue Owl Technology Income Corp....