(RTTNews) - A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended June 1st. The Labor Department said initial jobless claims climbed to 229,000, an increase of 8,000 from the previous week's revised level of 221,000. Economis...
(RTTNews) - A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended June 1st. The Labor Department said initial jobless claims climbed to 229,000, an increase of 8,000 from the previous week's revised level of 221,000. Economists had expected jobless claims to inch up to 220,000 from the 219,000 originally reported for the previous week. Meanwhile, the report said the less volatile four-week moving average edged down to 222,250, a decrease of 750 from the previous week's revised average of 223,000. Track market moving Economic Events that impact Commodities, Stock, and Forex by using realtime RTTNews Economic Calendar this week. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
ScanSource press release ( SCSC ): Q2 Non-GAAP EPS of $0.80 misses by $0.21 . Revenue of $766.51M (+2.5% Y/Y) misses by $15.95M . Net sales for products and services increased 1.9% year-over-year, and recurring revenue increased 15.9% year-over-year including acquisitions. For Specialty Technology Solutions, second quarter net sales of $741.5 million increased 2.5% year-over-year, driven by growth...
ScanSource press release ( SCSC ): Q2 Non-GAAP EPS of $0.80 misses by $0.21 . Revenue of $766.51M (+2.5% Y/Y) misses by $15.95M . Net sales for products and services increased 1.9% year-over-year, and recurring revenue increased 15.9% year-over-year including acquisitions. For Specialty Technology Solutions, second quarter net sales of $741.5 million increased 2.5% year-over-year, driven by growth in North America. Intelisys & Advisory net sales for the second quarter increased 3.1% year-over-year to $25.0 million led by Intelisys organic net sales growth. On a non-GAAP basis, adjusted EBITDA for the second quarter of fiscal year 2026 totaled $31.2 million, or 4.07% of net sales, compared to $35.3 million, or 4.72% of net sales, for the prior-year quarter. As of December 31, 2025, ScanSource had cash and cash equivalents of $83.5 million and total debt of $102.7 million. For fiscal year 2026, ScanSource generated $54.1 million of operating cash flow and $49.7 million of free cash flow (non-GAAP). ScanSource also had share repurchases of $38.7 million for the six months of fiscal 2026. Annual Financial Outlook for Fiscal Year 2026 ScanSource updates its expectations for net sales and adjusted EBITDA for the full fiscal year ended June 30, 2026 and replaces previously provided guidance. FY26 Annual Outlook Prior FY26 Annual Outlook Net sales $3.0 billion to $3.1 billion vs. consensus of $3.14B $3.1 billion to $3.3 billion Adjusted EBITDA (non-GAAP) $140 million to $150 million $150 million to $160 million Free cash flow (non-GAAP) At least $80 million At least $80 million Click to enlarge More on ScanSource Seeking Alpha’s Quant Rating on ScanSource Historical earnings data for ScanSource Financial information for ScanSource
This morning a "Potential Dividend Run Alert" went out for LTC Properties, Inc. (NYSE: LTC), at our DividendChannel.com Dividend Alerts service (a free email alerts feature). Let's look at the situation in greater detail, shall we? First of all, what is a "Dividend Run" anyway? This is an interesting concept which we first learned about at a past ValueForum conference. And to best explain the conc...
This morning a "Potential Dividend Run Alert" went out for LTC Properties, Inc. (NYSE: LTC), at our DividendChannel.com Dividend Alerts service (a free email alerts feature). Let's look at the situation in greater detail, shall we? First of all, what is a "Dividend Run" anyway? This is an interesting concept which we first learned about at a past ValueForum conference. And to best explain the concept, we need to start with the expected behavior of a stock on its ex-dividend date. For anyone unfamiliar with the term, the ex-dividend date marks the trading day when any buyer of the stock is no longer entitled to the referenced dividend — in other words, to be eligible to receive the dividend in question, one would have had to purchase their shares before the ex-dividend date. All else equal, the stock price would be expected to drop by the dividend amount on that ex-date (remember, that's "all else equal" and naturally other factors will drive stocks higher/lower on any given day). But think about it: if a buyer is entitled to a 0.19 dividend before ex-date, but no longer entitled to that amount on or after ex-date, then this drop makes perfect sense! Because if the shares didn't drop by that same 0.19 the next day, then effectively, buyers would effectively be paying 0.19 more for the same share of stock. But now think about this: if a stock is expected to drop by the dividend amount (all else equal) on ex-date, then in turn, shouldn't that stock be expected to rise sometime ahead of a dividend? After all, if a dividend-paying stock didn't ever rise and only fell on each and every ex-date, then eventually after enough dividend payments those shares would have fallen to zero. And that wouldn't make any sense for a company continually earning money and paying dividends. So indeed, "sometime" before a given dividend, there should be sort of a built-in "pressure" for a stock to gradually rise in expectation of that next cash dividend... in other words: pressure for the s...
Exchange traded funds with significant exposure to Alphabet ( GOOG )( GOOGL ) are in focus Thursday morning after the Magnificent Seven member fell more than 4% following the release of its latest earnings report after the bell on Wednesday. Alphabet is one of the most widely held stocks across the ETF landscape, appearing in 421 funds with a combined ownership of approximately 658 million shares....
Exchange traded funds with significant exposure to Alphabet ( GOOG )( GOOGL ) are in focus Thursday morning after the Magnificent Seven member fell more than 4% following the release of its latest earnings report after the bell on Wednesday. Alphabet is one of the most widely held stocks across the ETF landscape, appearing in 421 funds with a combined ownership of approximately 658 million shares. As a result, sharp moves in the stock can have an outsized effect on ETFs with heavier allocations, particularly those concentrated in the communication services sector. Below are the 10 ETFs with the largest portfolio weightings in Alphabet, highlighting where the company’s latest price move is likely to have the most pronounced impact. No. 1: T-Rex 2X Long Alphabet Daily Target ETF ( GOOX ), 73.96% allocation No. 2: Global X PureCap MSCI Communication Services ETF ( GXPC ), 24.44% allocation No. 3: American Century Focused Dynamic Growth ETF ( FDG ), 15.80% allocation No. 4: Monopoly ETF ( MPLY ), 10.50% allocation No. 5: Horizon Digital Frontier ETF ( YNOT ), 10.48% allocation No. 6: iShares Global Communication Services ETF ( IXP ), 10.30% allocation No. 7: Fidelity MSCI Communication Services Index ETF ( FCOM ), 10.11% allocation No. 8: Vanguard Communication Services ETF ( VOX ), 9.58% allocation No. 9: Capital Group U.S. Large Growth ETF ( CGGG ), 9.44% allocation No. 10: Touchstone US Large Cap Focused ETF ( LCF ), 9.17% allocation Additional communication services ETFs: ( XLC ), ( VOX ), ( IYZ ), ( RSPC ), and ( XTL ). More on markets SpaceX–xAI deal reignites IPO countdown as prediction markets take bets on the date Deutsche Bank stands firm on $6,000 gold target as it says the bullish case remains intact ETF inflows shatter records as $165B floods in during the month of January U.S. corporate profits stay on solid footing, as Goldman projects double-digit growth in 2026 BitFuFu produces 229 bitcoins in January, up ~22% M/M
Exchange traded funds with significant exposure to Alphabet ( GOOG )( GOOGL ) are in focus Thursday morning after the Magnificent Seven member fell more than 4% following the release of its latest earnings report after the bell on Wednesday. Alphabet is one of the most widely held stocks across the ETF landscape, appearing in 421 funds with a combined ownership of approximately 658 million shares....
Exchange traded funds with significant exposure to Alphabet ( GOOG )( GOOGL ) are in focus Thursday morning after the Magnificent Seven member fell more than 4% following the release of its latest earnings report after the bell on Wednesday. Alphabet is one of the most widely held stocks across the ETF landscape, appearing in 421 funds with a combined ownership of approximately 658 million shares. As a result, sharp moves in the stock can have an outsized effect on ETFs with heavier allocations, particularly those concentrated in the communication services sector. Below are the 10 ETFs with the largest portfolio weightings in Alphabet, highlighting where the company’s latest price move is likely to have the most pronounced impact. No. 1: T-Rex 2X Long Alphabet Daily Target ETF ( GOOX ), 73.96% allocation No. 2: Global X PureCap MSCI Communication Services ETF ( GXPC ), 24.44% allocation No. 3: American Century Focused Dynamic Growth ETF ( FDG ), 15.80% allocation No. 4: Monopoly ETF ( MPLY ), 10.50% allocation No. 5: Horizon Digital Frontier ETF ( YNOT ), 10.48% allocation No. 6: iShares Global Communication Services ETF ( IXP ), 10.30% allocation No. 7: Fidelity MSCI Communication Services Index ETF ( FCOM ), 10.11% allocation No. 8: Vanguard Communication Services ETF ( VOX ), 9.58% allocation No. 9: Capital Group U.S. Large Growth ETF ( CGGG ), 9.44% allocation No. 10: Touchstone US Large Cap Focused ETF ( LCF ), 9.17% allocation Additional communication services ETFs: ( XLC ), ( VOX ), ( IYZ ), ( RSPC ), and ( XTL ). More on markets SpaceX–xAI deal reignites IPO countdown as prediction markets take bets on the date Deutsche Bank stands firm on $6,000 gold target as it says the bullish case remains intact ETF inflows shatter records as $165B floods in during the month of January U.S. corporate profits stay on solid footing, as Goldman projects double-digit growth in 2026 BitFuFu produces 229 bitcoins in January, up ~22% M/M
This morning a "Potential Dividend Run Alert" went out for Royalty Pharma plc (NASD: RPRX), at our DividendChannel.com Dividend Alerts service (a free email alerts feature). Let's look at the situation in greater detail, shall we? First of all, what is a "Dividend Run" anyway? This is an interesting concept which we first learned about at a past ValueForum conference. And to best explain the conce...
This morning a "Potential Dividend Run Alert" went out for Royalty Pharma plc (NASD: RPRX), at our DividendChannel.com Dividend Alerts service (a free email alerts feature). Let's look at the situation in greater detail, shall we? First of all, what is a "Dividend Run" anyway? This is an interesting concept which we first learned about at a past ValueForum conference. And to best explain the concept, we need to start with the expected behavior of a stock on its ex-dividend date. For anyone unfamiliar with the term, the ex-dividend date marks the trading day when any buyer of the stock is no longer entitled to the referenced dividend — in other words, to be eligible to receive the dividend in question, one would have had to purchase their shares before the ex-dividend date. All else equal, the stock price would be expected to drop by the dividend amount on that ex-date (remember, that's "all else equal" and naturally other factors will drive stocks higher/lower on any given day). But think about it: if a buyer is entitled to a 0.235 dividend before ex-date, but no longer entitled to that amount on or after ex-date, then this drop makes perfect sense! Because if the shares didn't drop by that same 0.235 the next day, then effectively, buyers would effectively be paying 0.235 more for the same share of stock. But now think about this: if a stock is expected to drop by the dividend amount (all else equal) on ex-date, then in turn, shouldn't that stock be expected to rise sometime ahead of a dividend? After all, if a dividend-paying stock didn't ever rise and only fell on each and every ex-date, then eventually after enough dividend payments those shares would have fallen to zero. And that wouldn't make any sense for a company continually earning money and paying dividends. So indeed, "sometime" before a given dividend, there should be sort of a built-in "pressure" for a stock to gradually rise in expectation of that next cash dividend... in other words: pressure for the...
The Swedish band’s frontwoman answers your questions on ‘sweet and curious’ Tom Jones, being changed by cancer and whether the Cardigans will ever make new music Are you a fan of actual cardigans? garythenotrashcougar I can see the genius of them as items of clothing, but I never looked good in a cardigan. Our [former] songwriter and guitar player [Peter Svensson] suggested the name. We were super...
The Swedish band’s frontwoman answers your questions on ‘sweet and curious’ Tom Jones, being changed by cancer and whether the Cardigans will ever make new music Are you a fan of actual cardigans? garythenotrashcougar I can see the genius of them as items of clothing, but I never looked good in a cardigan. Our [former] songwriter and guitar player [Peter Svensson] suggested the name. We were super anglophiles. We loved British music. Our first album is called Emmerdale because the series was shown on Swedish TV every day, titled Home to the Farm. We romanticised something sort of rainy and hazy and woolly … like the cardigan. I like covers that have a new take on the original, so I really enjoyed your lounge-style version of Sabbath Bloody Sabbath . What made you choose that band [Black Sabbath] and song in particular? NotDrivingAMiniMetro We were big fans – for a heavy band there’s a real pop sentiment in the songwriting – and I think it’s interesting when a cover is a stretch away from your natural sound. As a woman, I thought singing a song done by very manly men gave it a wonderfully creepy aspect. Ozzy [Osbourne] came to see us in Los Angeles and said it was the creepiest thing he’d ever heard, which coming from him is the biggest compliment. Continue reading...
Spain has accused Pavel Durov of “spreading lies” and seeking to undermine democratic institutions after the Telegram founder used the messaging app to attack government plans to introduce a social media ban for under-16s and to hold tech companies responsible for hateful and harmful content. Durov’s extraordinary public intervention – which came a day after Elon Musk called Spain’s prime minister...
Spain has accused Pavel Durov of “spreading lies” and seeking to undermine democratic institutions after the Telegram founder used the messaging app to attack government plans to introduce a social media ban for under-16s and to hold tech companies responsible for hateful and harmful content. Durov’s extraordinary public intervention – which came a day after Elon Musk called Spain’s prime minister, Pedro Sánchez, a “true fascist totalitarian” over the proposed measures – reveals the rapidly escalating tensions between European governments and powerful global technology chiefs. In a blanket message sent to all Telegram users in Spain on Wednesday afternoon, the Russian technology entrepreneur accused Sánchez’s government of “pushing dangerous new regulations that threaten your internet freedoms”, adding that the measures could turn Spain “into a surveillance state under the guise of ‘protection’”. Durov claimed the mandatory age verification contained in the proposed legislation would set a precedent for tracking “EVERY user’s identity, eroding anonymity and opening doors to mass data collection”. He also said that holding tech executives liable for illegal, hateful or harmful content would encourage “over-censorship” and lead platforms to “delete anything remotely controversial to avoid risks, silencing political dissent, journalism, and everyday opinions”. View image in fullscreen The message sent by Telegram founder Pavel Durov to all the app’s users in Spain. Photograph: Social Media/Reuters Spanish government sources hit back, saying Durov’s unprecedented message to millions of users was designed to erode trust in institutions and demonstrated the need for social media and mobile messaging apps to be regulated. “Telegram founder Pavel Durov used his unrestricted control of the app to send a mass message to all users in Spain, spreading several lies and making illegitimate attacks against the government. This is the first time this has happened in our country’s h...
The fourth quarter earnings season momentum continues this week, with results from Alphabet (GOOG, GOOGL), Amazon (AMZN), AMD (AMD), Qualcomm (QCOM), and Palantir (PLTR) highlighting the calendar. As of Jan. 30, 33% of S&P 500 (^GSPC) companies have reported fourth quarter results, according to FactSet data, and Wall Street analysts estimate an 11.9% increase in earnings per share for the fourth q...
The fourth quarter earnings season momentum continues this week, with results from Alphabet (GOOG, GOOGL), Amazon (AMZN), AMD (AMD), Qualcomm (QCOM), and Palantir (PLTR) highlighting the calendar. As of Jan. 30, 33% of S&P 500 (^GSPC) companies have reported fourth quarter results, according to FactSet data, and Wall Street analysts estimate an 11.9% increase in earnings per share for the fourth quarter. If that rate holds, it would represent the 10th consecutive quarter of annual earnings growth for the index and the fifth consecutive quarter of double-digit growth. S&P 500 earnings growth estimates. (Chart: FactSet) Heading into the reporting period, analysts were expecting an 8.3% jump in earnings per share, down from the third quarter's 13.6% earnings growth rate. Wall Street has raised its earnings expectations in recent months, especially for tech companies, which have driven earnings growth in recent quarters. Big Tech results set the tone, as capital expenditures continue apace. Plus, the themes that drove the markets in 2025 — artificial intelligence, the Trump administration's tariff and economic policies, and a K-shaped consumer economy — continue to provide plenty for investors to parse. This week, investors will hear updates from companies including Disney (DIS), Chipotle (CMG), PepsiCo (PEP), Uber (UBER), and Snap (SNAP). LIVE 129 updates Story Continues For the latest earnings reports and analysis, earnings whispers and expectations, and company earnings news, click here Read the latest financial and business news from Yahoo Finance
Nigeria is tightening scrutiny of its fast-growing fintech industry while easing licensing and improving access to capital as it tries to balance innovation with financial stability. The Central Bank of Nigeria this week laid out an 18-month roadmap to modernize fintech regulation through open-banking rules that let customers move data more easily, supporting cross-border expansion, and better tec...
Nigeria is tightening scrutiny of its fast-growing fintech industry while easing licensing and improving access to capital as it tries to balance innovation with financial stability. The Central Bank of Nigeria this week laid out an 18-month roadmap to modernize fintech regulation through open-banking rules that let customers move data more easily, supporting cross-border expansion, and better technology to monitor the industry. The bank also plans a “single regulatory window” and smart-licensing gateway to streamline approvals, alongside a credit-guarantee program with development finance institutions to ease funding constraints for smaller lenders, it said in its fintech report. The move underscores Nigeria’s rise as a fintech hub, with the central bank saying it’s the “clear leader” in Africa. The West African nation is home to payment giants such as Flutterwave Inc. and Paystack and a magnet for global venture capital. However, rapid growth, high-profile compliance lapses and mounting consumer complaints have drawn closer scrutiny from regulators wary of systemic risks in an economy grappling with currency volatility and capital controls. Nigeria’s fintech sector processed almost 11 billion digital transactions in 2025, more than double the volume just two years earlier, according to the central bank. More than a quarter of all electronic payments in the country flowed through real-time channels, placing Nigeria among the world’s top adopters of instant payment infrastructure, it said. Other initiatives under consideration include formalizing a fintech advisory council, setting up a public regulatory-engagement platform with scheduled consultations, and piloting supervisory-technology tools to embed advanced analytics and early-warning systems. The central bank also intends to take a more active role in the Economic Community of West African States regional bloc and in African Union regulatory-alignment forums, positioning Nigeria to shape emerging continental s...
Bitcoin tumbled through the key US$70,000 level on Thursday as a slide in the world’s largest cryptocurrency showed no signs of stopping. Bitcoin fell by as much as 3.8 per cent to a low of US$69,858, its weakest since November 2024, when Republican Donald Trump won the US presidential election, having signalled his intention to support crypto on the campaign trail. Bitcoin has already fallen ne...
Bitcoin tumbled through the key US$70,000 level on Thursday as a slide in the world’s largest cryptocurrency showed no signs of stopping. Bitcoin fell by as much as 3.8 per cent to a low of US$69,858, its weakest since November 2024, when Republican Donald Trump won the US presidential election, having signalled his intention to support crypto on the campaign trail. Bitcoin has already fallen nearly 8 per cent for the week, taking its losses for the year so far to nearly 20 per cent. Bitcoin is down about 45 per cent from its October high. Ether, which was down nearly 2 per cent at US$2,090, is down close to 30 per cent this year. Markets ‘fear a hawk’ with Warsh The latest rout in cryptocurrencies, which has come hard and fast, was triggered, analysts say, by the nomination of Kevin Warsh as the next Federal Reserve Chair, due to expectations he could shrink the Fed’s balance sheet. Advertisement Cryptocurrencies have widely been regarded as beneficiaries of a large balance sheet, having tended to rally while the Fed greased money markets with liquidity – a support for speculative assets. “The market fears a hawk with him,” said Manuel Villegas Franceschi from the next generation research team at Julius Baer. “A smaller balance sheet is not going to provide any tailwinds for crypto.” Advertisement The global crypto market has lost nearly US$1.9 trillion in value since hitting a peak of US$4.379 trillion in early October, based on data from CoinGecko, with some US$800 billion wiped out in the last month alone.
The Football Association is experiencing difficulties in securing suitable opposition for England’s World Cup warm-up games owing to their late start to the expanded 48-team tournament. England open against Croatia on the last day of the first round of games on 17 June, six days after the first match between Mexico and South Africa, and Thomas Tuchel wants final preparation games as close to his t...
The Football Association is experiencing difficulties in securing suitable opposition for England’s World Cup warm-up games owing to their late start to the expanded 48-team tournament. England open against Croatia on the last day of the first round of games on 17 June, six days after the first match between Mexico and South Africa, and Thomas Tuchel wants final preparation games as close to his team’s tournament kick-off as possible. Tuchel is understood to have requested friendlies near England’s pre-tournament training camp in Florida on 6 and 10 June – the night before the World Cup starts – and finding high-calibre opponents for the latter date is proving particularly challenging. Quick Guide Play our new game: On the ball Show The Guardian has kicked off a new chapter in puzzles with the launch of its first daily football game, On the ball. It is now live in the app for both iOS and Android … so what are you waiting for? Get stuck in! Was this helpful? Thank you for your feedback. The head coach would ideally like matches against World Cup sides but Fifa regulations prevent participants from playing friendlies in the final five days before their first game of the tournament. That means only teams playing on 16 and 17 June – who will include two qualifiers from March’s intercontinental playoffs – could face England on 10 June. The FA is in discussions with several national associations and confirmation of England’s opponents is expected this month. With its options limited, New Zealand, who have qualified, and Costa Rica, who have not, are understood to be under consideration. England have been starved of top-class opposition under Tuchel, making the identity of friendly opponents more significant. The highest-ranked opponents England have played under Tuchel have been Senegal, who were 19th when they won 3-1 in Nottingham last summer, and the best team they have beaten according to the Fifa rankings are Wales, who were 30th at the time. Fifa has relaxed its pr...
Chimera Investment Corp (Symbol: CIM) has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel , which published its most recentreport. The report noted that among REITs, CIM shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent CIM share price of $12.50 represents a price-to-book ratio of 0.4 and an annual...
Chimera Investment Corp (Symbol: CIM) has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel , which published its most recentreport. The report noted that among REITs, CIM shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent CIM share price of $12.50 represents a price-to-book ratio of 0.4 and an annual dividend yield of 11.84% — by comparison, the average stock in Dividend Channel's coverage universe yields 3.9% and trades at a price-to-book ratio of 2.7. The report also cited the strong quarterly dividend history at Chimera Investment Corp, and favorable long-term multi-year growth rates in key fundamental data points. The report stated, ''Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.'' REITs hold a special place in the hearts of dividend investors, because they must distribute at least 90% of their taxable income each year to shareholders as dividends. While this can make for a high dividend yield, it also introduces some volatility and uncertainty into the level of payments from year to year — huge dividend payouts are common when a REIT turns large profits, versus smaller payouts or even periods of no dividends in times of losses. The current annualized dividend paid by Chimera Investment Corp is $1.48/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/31/2025. Below is a long-term dividend history chart for CIM, which the report stressed as being of key importance....
alexsl Initial jobless claims for the week ended Jan. 31 increased by 22K to 231K, compared with the 212K consensus and 209K in the previous week (unrevised), according to data released by the Department of Labor on Thursday. The four-week moving average was 212,250, an increase of 6,000 from the prior week's unrevised average of 206,250. Continuing claims for the week ended Jan. 24 climbed to 1.8...
alexsl Initial jobless claims for the week ended Jan. 31 increased by 22K to 231K, compared with the 212K consensus and 209K in the previous week (unrevised), according to data released by the Department of Labor on Thursday. The four-week moving average was 212,250, an increase of 6,000 from the prior week's unrevised average of 206,250. Continuing claims for the week ended Jan. 24 climbed to 1.844M from 1.819M prior (revised from 1.827M) and lower than the 1.850M consensus. The advance seasonally adjusted insured unemployment rate was 1.2% for the week ended Jan. 24, unchanged from the previous week's unrevised, the Department of Labor said Thursday. The advance number of actual initial claims under state programs on an unadjusted basis was 251,651 in the week ended Jan. 31, an increase of 20,018 from the prior week. Seasonal factors expected a decrease of 3,766 from the previous week. More on Jobs & Employment U.S.-based employers ramp up job cuts in January: Challenger Report U.S. private sector labor market softens further in January: ADP jobs report AI Productivity, Employment And UBI
Carmen K Sisson/iStock Editorial via Getty Images Huntington Ingalls Industries Inc. ( HII ) reported quarterly results that exceeded Wall Street estimates, but the stock fell 8% in premarket trading Thursday as investors focused on cash flow expectations and lingering margin pressures. Net income rose to $159 million, or $4.04 a share, beating the consensus estimate of $3.89 for the fourth quarte...
Carmen K Sisson/iStock Editorial via Getty Images Huntington Ingalls Industries Inc. ( HII ) reported quarterly results that exceeded Wall Street estimates, but the stock fell 8% in premarket trading Thursday as investors focused on cash flow expectations and lingering margin pressures. Net income rose to $159 million, or $4.04 a share, beating the consensus estimate of $3.89 for the fourth quarter, compared with $123 million, or $3.15 a share, a year earlier. Revenue grew to $3.48 billion from $3.00 billion a year earlier, topping the Wall Street estimate of $3.1 billion, supported by higher volumes across shipbuilding and Mission Technologies. Operating margin improved to 4.9% from 3.7%, though margins remain relatively modest given the company’s scale. Despite the earnings beat, investors appeared concerned about forward-looking items. Huntington Ingalls ( HII ) forecast free cash flow of $500 million to $600 million for fiscal 2026, well below the $800 million generated in 2025. The company also guided to shipbuilding operating margins of 5.5% to 6.5% for fiscal 2026, signaling limited near-term margin expansion even as volumes rise. Mission Technologies posted revenue growth of just 2.5% in the quarter, trailing gains in shipbuilding, while All-Domain Operations volumes declined. Higher capital spending requirements and ongoing workforce investments also weighed on sentiment. “We made solid progress on our operational initiatives in 2025 and enter 2026 with strong momentum,” President and Chief Executive Chris Kastner said in the earnings release. During the quarter, Huntington Ingalls ( HII ) achieved several key delivery milestones, including the delivery of the Virginia-class submarine Massachusetts and the guided missile destroyer Ted Stevens to the U.S. Navy. For the full year, the company reiterated expectations for steady revenue growth and improved shipbuilding throughput. More on Huntington Ingalls Huntington Ingalls: Sailing The High Seas Making The U...
(RTTNews) - Markel Group Inc. (MKL) will host a conference call at 9:30 AM ET on February 5, 2026, to discuss Q4 25 earnings results. To access the live webcast, log on to https://ir.mklgroup.com/investor-relations/events-and-presentations To listen to the call, dial (888) 660-9916 (US) or +1 (646) 960-0452 (Internationall), Conference ID: 4614568. The views and opinions expressed herein are the v...
(RTTNews) - Markel Group Inc. (MKL) will host a conference call at 9:30 AM ET on February 5, 2026, to discuss Q4 25 earnings results. To access the live webcast, log on to https://ir.mklgroup.com/investor-relations/events-and-presentations To listen to the call, dial (888) 660-9916 (US) or +1 (646) 960-0452 (Internationall), Conference ID: 4614568. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Peloton’s stock falls as the maker of home-fitness products again reported quarterly losses, and as connected-fitness subscriptions fell to a more than four-year low.
Peloton’s stock falls as the maker of home-fitness products again reported quarterly losses, and as connected-fitness subscriptions fell to a more than four-year low.
Ralph Lauren Corporation ( RL ) swung lower in early trading on Thursday despite topping FQ3 earnings expectations. Notably, the apparel company pointed to h ealthy demand across geographies for the quarter that ended on December 27. During FQ3, Ralph Lauren's ( RL ) revenue from the North America segment increased 8% to $1.1B. In retail, comparable store sales in North America increased 7%, with ...
Ralph Lauren Corporation ( RL ) swung lower in early trading on Thursday despite topping FQ3 earnings expectations. Notably, the apparel company pointed to h ealthy demand across geographies for the quarter that ended on December 27. During FQ3, Ralph Lauren's ( RL ) revenue from the North America segment increased 8% to $1.1B. In retail, comparable store sales in North America increased 7%, with a 6% increase in brick-and-mortar stores and a 7% increase in digital commerce. North America wholesale revenue increased 11% from a year ago. In Europe, revenue increased 12% during the quarter and was up 4% in constant currency. In retail, comparable store sales in Europe increased slightly, with a 5% increase in digital commerce partially offset by a 1% decrease in brick-and-mortar stores. Europe wholesale revenue increased 16% from a year ago on a reported basis and increased 8% in constant currency. Asia revenue increased 22% to $620 million on both a reported and constant currency basis. On an adjusted basis, net income was $387M, or $6.22 per diluted share. Those marks compared to net income of $308M, or $4.82 per diluted share on an adjusted basis, a year ago. Ralph Lauren ( RL ) used full-price sales and expense leveraging to combat tariffs during the quarter. The balance sheet showed $2.3B in cash and short-term investments and $1.2B in total debt at the end of the quarter, compared to $2.1B and $1.1B, respectively, at the end of FQ3 a year ago. Inventory at the end of the quarter was $1.1 billion, up 15% compared to the prior year period. "This holiday season, our teams delivered strong, high-quality growth across geographies and consumer segments, enabling accelerated investment in our long-term strategic priorities and brand elevation," highlighted CEO Patrice Louvet. On the guidance front, the company said it anticipated revenue to increase approximately mid-single digits on a constant currency basis. Operating margin for FQ4 is expected to contract approximat...