BASSETT, Va., April 01, 2026 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its first quarter ended February 28, 2026.
BASSETT, Va., April 01, 2026 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its first quarter ended February 28, 2026.
MF3d/E+ via Getty Images The Real Estate Select Sector SPDR Fund ETF ( NYSEARCA: XLRE ) posted a slight increase of 1.11% in FY26 Q1, while the broader S&P 500 Index fell ~4.6%, which shows REITs performed relatively better than the overall equities ongoing crash. However, the housing market is still weak. Existing home sales are still ~25% lower than 2019 levels and are at their weakest since 199...
MF3d/E+ via Getty Images The Real Estate Select Sector SPDR Fund ETF ( NYSEARCA: XLRE ) posted a slight increase of 1.11% in FY26 Q1, while the broader S&P 500 Index fell ~4.6%, which shows REITs performed relatively better than the overall equities ongoing crash. However, the housing market is still weak. Existing home sales are still ~25% lower than 2019 levels and are at their weakest since 1995. Small drops in mortgage rates below 6% led to short-term refinancing activity, but rates have climbed again due to geopolitical tensions. This weak housing trend could drag the U.S. economy down and hurt consumer sentiment as 2026 moves forward, said Bret Jensen , a market analyst and investing group leader at Seeking Alpha. Mortgage rates reportedly increased last week. The 30-year rate rose to 6.38% from 6.22%, but it is still lower than 6.65% a year ago. Similarly, the 15-year rate also rose to 5.75% from 5.54%, slightly lower than last year. On the positive side, according to Sam Khater of Freddie Mac, the housing market is slowly improving. More people are applying for home loans compared to last year, and rates are still better on an annual basis. Amid the ongoing market pressure, investors are again focusing on premium real estate assets, as per Jonathan Goldstein, co-founder and CEO of Cain International . He remained positive about long-term opportunities in the Middle East, expecting strong growth in the Gulf region over the next 10-15 years. Top 5 Performers (Q1 2026): Equinix ( EQIX ) +25.83% Iron Mountain ( IRM ) +17.66% Digital Realty Trust ( DLR ) +13.23% Kimco Realty ( KIM ) +10.11% Regency Centers ( REG ) +8.49% Bottom 5 Performers (Q1 2026): CoStar Group ( CSGP ) -39.20% Boston Properties ( BXP ) -23.21% CBRE Group ( CBRE ) -17.20% Mid-America Apartment Communities ( MAA ) -12.37% SBA Communications ( SBAC ) -12.20% More on State Street Real Estate Select Sector SPDR® ETF The Pain For Housing And The U.S. Economy Is Just Beginning Zillow Home Value Inde...
The following companies are expected to report earnings prior to market open on 04/02/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Acuity Inc. (AYI)is reporting for the quarter ending February 28, 2026. The technology services company's consens
The following companies are expected to report earnings prior to market open on 04/02/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Acuity Inc. (AYI)is reporting for the quarter ending February 28, 2026. The technology services company's consens
In trading on Wednesday, shares of Alexander's Inc (Symbol: ALX) crossed below their 200 day moving average of $231.60, changing hands as low as $225.34 per share. Alexander's Inc shares are currently trading down about 3.2% on the day. The chart below shows the one year perfo
In trading on Wednesday, shares of Alexander's Inc (Symbol: ALX) crossed below their 200 day moving average of $231.60, changing hands as low as $225.34 per share. Alexander's Inc shares are currently trading down about 3.2% on the day. The chart below shows the one year perfo
In trading on Wednesday, shares of Renasant Corp (Symbol: RNST) crossed above their 200 day moving average of $36.85, changing hands as high as $37.12 per share. Renasant Corp shares are currently trading up about 2.4% on the day. The chart below shows the one year performance
In trading on Wednesday, shares of Renasant Corp (Symbol: RNST) crossed above their 200 day moving average of $36.85, changing hands as high as $37.12 per share. Renasant Corp shares are currently trading up about 2.4% on the day. The chart below shows the one year performance
In trading on Wednesday, shares of Boyd Gaming Corp. (Symbol: BYD) crossed above their 200 day moving average of $83.07, changing hands as high as $84.59 per share. Boyd Gaming Corp. shares are currently trading up about 2.4% on the day. The chart below shows the one year perf
In trading on Wednesday, shares of Boyd Gaming Corp. (Symbol: BYD) crossed above their 200 day moving average of $83.07, changing hands as high as $84.59 per share. Boyd Gaming Corp. shares are currently trading up about 2.4% on the day. The chart below shows the one year perf
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive.
Moussa81/iStock via Getty Images Allied Gold ( AAUC ) shareholders voted in favor of the proposed ~C$5.5B buyout by China's Zijin Mining ( ZIJMF ) ( ZIJMY ), the company announced late Tuesday. At a shareholders meeting, more than 76.5M votes were cast, representing 61.1% of the total issued and outstanding common shares; of those votes cast, 99.5% voted in favor of the transaction, the company sa...
Moussa81/iStock via Getty Images Allied Gold ( AAUC ) shareholders voted in favor of the proposed ~C$5.5B buyout by China's Zijin Mining ( ZIJMF ) ( ZIJMY ), the company announced late Tuesday. At a shareholders meeting, more than 76.5M votes were cast, representing 61.1% of the total issued and outstanding common shares; of those votes cast, 99.5% voted in favor of the transaction, the company said. Allied Gold ( AAUC ) also reported Q4 2025 gold production of 117,004 oz, exceeding company guidance, at an all-in sustaining cost of $1,908/oz sold, and FY 2025 gold output of 379,081 oz, in line with expectations and operating plans. Production for Q4 represented a 34% increase over the average production of the three previous quarters in 2025 and is the highest quarterly production ever achieved by the company. More on Allied Gold Allied Gold Shareholder/Analyst Call Prepared Remarks Transcript Allied Gold Acquired By Zijin Gold: Cashing Out At The Peak Or Selling Too Early? Historical earnings data for Allied Gold
Estée Lauder Cos. and Spain’s Puig Brands SA are advancing in negotiations to combine, people familiar with the matter said, putting the two family-owned companies on track to create one of the world’s largest luxury beauty players. The respective owners of brands including MAC, Le Labo, Charlotte Tilbury and Byredo are discussing a deal that would consist mostly of stock and could be formally ann...
Estée Lauder Cos. and Spain’s Puig Brands SA are advancing in negotiations to combine, people familiar with the matter said, putting the two family-owned companies on track to create one of the world’s largest luxury beauty players. The respective owners of brands including MAC, Le Labo, Charlotte Tilbury and Byredo are discussing a deal that would consist mostly of stock and could be formally announced within weeks, according to the people, who asked not to be identified because the matter is private. As part of the deal, Puig Executive Chairman Marc Puig would sit on the board and is expected to be crucial to the integration of the two companies, the people said. The presence of a Puig family member in a key role is an important step to paving the way for a transaction and will provide continuity, they added. He was also chief executive officer until last month. The companies haven’t reached a final agreement and the talks could still fall apart or the timing could change. A representative for Estée Lauder didn’t have an immediate comment. A spokesperson for Puig declined to comment. Estée Lauder and Puig confirmed on March 23 that they were in discussions about a potential business combination in which they would merge their businesses, without disclosing any terms. A tie-up between Estée Lauder, which is still owned by the Lauder family, and Puig would reshape the competitive landscape for luxury beauty products, fashioning a significant challenger to French cosmetics giant L’Oreal SA overnight. Estée Lauder is currently second to only L’Oreal in the cosmetics category globally, with a potential Puig deal giving the pair a stronger foothold in fragrances in particular. Any deal would also be sizable. Puig, which is listed in Madrid, has a market value of €9.8 billion ($11 billion), while New York-listed Estée Lauder has a market value of about $27 billion. Shares in Estée Lauder have lost around 15% of their value since the talks were confirmed last month, while...
Companies are pushing ahead with acquisitions despite geopolitical uncertainty, volatile energy markets and the uneven effects from the rise of artificial intelligence, Morgan Stanley ’s Tom Miles said in a Bloomberg TV interview. “Companies are setting their long-term strategies, M&A is definitely a part of that,”said Miles, the bank’s global head of M&A. He added that during tumultuous times, M&...
Companies are pushing ahead with acquisitions despite geopolitical uncertainty, volatile energy markets and the uneven effects from the rise of artificial intelligence, Morgan Stanley ’s Tom Miles said in a Bloomberg TV interview. “Companies are setting their long-term strategies, M&A is definitely a part of that,”said Miles, the bank’s global head of M&A. He added that during tumultuous times, M&A has benefited companies, and management and boards are implementing their strategic initiatives despite the uncertainty. The rapidly growing use of artificial intelligence throughout the economy is a key aspect of that trend. “The AI front is a tale of two cities,” he said. “You have a number of sectors, companies seeing unprecedented demand, M&A has to be a part of it.” The broader build out of data center infrastructure needed to scale AI, for example, requires M&A, according to Miles. The flip side is that AI is disrupting certain business models, particularly in software, where valuations have already undergone a reset, he added. M&A deal volume hit a record $1.3 trillion high in the first quarter, according to data compiled by Bloomberg. Energy markets remain a key risk, according to Miles. “If you have elevated oil prices, for example, for a longer time,” he said, “that will have to impact valuations and cost structure.” However, boards are assessing whether elevated oil prices are temporary, he added. They and corporate management teams understand that if higher prices prove short-lived, they will return to a point where, having completed that M&A, the long-term value of those deals will ultimately be recognized, he said. Miles said cross-border interest is also continuing as companies pursue growth and adjust supply chains, making business resilience-driven deals more compelling for larger international buyers.
The road ahead for technology stocks will probably continue to be bumpy for now, after a tough start to the year. 2026 hasn’t been tech’s year so far, as the industry faces a volatile geopolitical backdrop and industry concerns on the home front.
The road ahead for technology stocks will probably continue to be bumpy for now, after a tough start to the year. 2026 hasn’t been tech’s year so far, as the industry faces a volatile geopolitical backdrop and industry concerns on the home front.