Smithfield Foods, Inc. press release ( SFD ): Q4 Non-GAAP EPS of $0.83 beats by $0.16 . Revenue of $4.23B (+7.1% Y/Y) beats by $80M . FY 2026 Outlook The Company is providing its initial financial outlook for fiscal 2026 as follows: Total Company sales to be up low-single-digits compared to fiscal year 2025 vs. estimated growth of 1.10% Y/Y . Packaged Meats segment adjusted operating profit of bet...
Smithfield Foods, Inc. press release ( SFD ): Q4 Non-GAAP EPS of $0.83 beats by $0.16 . Revenue of $4.23B (+7.1% Y/Y) beats by $80M . FY 2026 Outlook The Company is providing its initial financial outlook for fiscal 2026 as follows: Total Company sales to be up low-single-digits compared to fiscal year 2025 vs. estimated growth of 1.10% Y/Y . Packaged Meats segment adjusted operating profit of between $1,100 million to $1,200 million. Fresh Pork segment adjusted operating profit of between $200 million to $260 million. Hog Production segment adjusted operating profit of between $150 million to $200 million. Total Company adjusted operating profit of between $1,325 million to $1,475 million. Capital expenditures of between $350 million to $450 million. Capital expenditures include investments in profit improvement projects as well as projects for maintenance and repair. An effective tax rate of between 22.5% and 24.5%. More on Smithfield Foods, Inc. Smithfield Foods: Nathan's Buyout In Focus Ahead Of Q4 Smithfield Foods Looks Tasty Enough For An Upgrade Quant snapshot: AAR, Noah Holdings lead strong buys as Blaize, Fractyl Health lag Smithfield Foods heads to the finish line on Nathan's Famous buyout Seeking Alpha’s Quant Rating on Smithfield Foods, Inc.
(RTTNews) - The U.S. Department of the Interior on Tuesday said it has reached an agreement with TotalEnergies SE (TTE.PA) under which the company decided not to pursue costly offshore wind leases. Instead it will redirect about $1 billion in capital from offshore wind leases to
(RTTNews) - The U.S. Department of the Interior on Tuesday said it has reached an agreement with TotalEnergies SE (TTE.PA) under which the company decided not to pursue costly offshore wind leases. Instead it will redirect about $1 billion in capital from offshore wind leases to
Key PointsInvestors use gold as a hedge against heightened economic and political uncertainty, because it has been a reliable store of value for thousands of years.
Key PointsInvestors use gold as a hedge against heightened economic and political uncertainty, because it has been a reliable store of value for thousands of years.
Anna Edwards, Lizzy Burden and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Anna Edwards, Lizzy Burden and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Years ago, E.F. Hutton ran a commercial that proclaimed, "When E.F. Hutton speaks, people listen." We could perhaps replace E.F. Hutton with Jensen Huang in that statement today. When the Nvidia (NASDAQ: NVDA) CEO speaks, people listen. And Huang spoke at length at his company's 2026 GTC AI conference last week. Unsurprisingly, Huang's remarks gave Nvidia shareholders reasons for optimism about th...
Years ago, E.F. Hutton ran a commercial that proclaimed, "When E.F. Hutton speaks, people listen." We could perhaps replace E.F. Hutton with Jensen Huang in that statement today. When the Nvidia (NASDAQ: NVDA) CEO speaks, people listen. And Huang spoke at length at his company's 2026 GTC AI conference last week. Unsurprisingly, Huang's remarks gave Nvidia shareholders reasons for optimism about the future. However, he also delivered fantastic news for a beaten-down AI stock -- ServiceNow (NYSE: NOW) . The massive sell-off of SaaS stocks has dragged ServiceNow's shares down nearly 30% year to date. Huang, though, painted a picture of a bright future for the AI workflow platform company. Continue reading
Remember the tale about Chicken Little? The young chicken believes that the sky is falling and begins warning everyone. In the original fable, though, Chicken Little actually was hit in the head by an acorn. The morals of the story are: don't jump to conclusions and don't succumb to mass hysteria. Some investors could be modern-day versions of Chicken Little. Worries that artificial intelligence (...
Remember the tale about Chicken Little? The young chicken believes that the sky is falling and begins warning everyone. In the original fable, though, Chicken Little actually was hit in the head by an acorn. The morals of the story are: don't jump to conclusions and don't succumb to mass hysteria. Some investors could be modern-day versions of Chicken Little. Worries that artificial intelligence (AI) could replace software tools have led to a sell-off of SaaS stocks that was so extensive it's been nicknamed the "SaaSpocalypse." However, while many retail investors have been panic-selling, the smart money is buying some exceptional tech stocks at a discount. Image source: Getty Images. Continue reading
Philippine President Ferdinand Marcos Jr.is open to restarting talks with Beijing on a joint oil and gas project in a disputed area of the South China Sea, saying the war in Iran may provide the impetus for a breakthrough. He spoke with Bloomberg's Haslinda Amin in Manila. (Source: Bloomberg)
Philippine President Ferdinand Marcos Jr.is open to restarting talks with Beijing on a joint oil and gas project in a disputed area of the South China Sea, saying the war in Iran may provide the impetus for a breakthrough. He spoke with Bloomberg's Haslinda Amin in Manila. (Source: Bloomberg)
In this article US10Y US30Y US2Y Follow your favorite stocks CREATE FREE ACCOUNT Traders work on the floor of the New York Stock Exchange (NYSE) on March 19, 2026 in New York City. Spencer Platt | Getty Images The 10-year Treasury yield rose on Tuesday as renewed volatility in oil markets and lingering Middle East tensions kept investors on edge. The benchmark yield was up more than 3 basis points...
In this article US10Y US30Y US2Y Follow your favorite stocks CREATE FREE ACCOUNT Traders work on the floor of the New York Stock Exchange (NYSE) on March 19, 2026 in New York City. Spencer Platt | Getty Images The 10-year Treasury yield rose on Tuesday as renewed volatility in oil markets and lingering Middle East tensions kept investors on edge. The benchmark yield was up more than 3 basis points at 4.37% as of 04:36 a.m. ET. The 30-year yield added over 2 basis points to 4.937%, while the 20-year yielded 4.968%, up about 3 basis points. One basis point is equal to 0.01%, and yields and prices move in opposite directions. The move higher in yields came as oil prices rebounded in Tuesday Asian trading, reversing part of the sharp losses seen in the previous session as traders reassessed developments in the Middle East conflict. Oil had initially slumped on Monday after U.S. President Donald Trump said Washington and Tehran had held "very good and productive conversations" toward ending hostilities, adding that he had ordered a five-day pause on planned strikes against Iran's energy infrastructure. However, the rebound in crude prices on Tuesday suggests markets remain unconvinced that tensions will ease quickly, particularly after Iranian officials denied that any talks had taken place. Analysts noted that conflicting headlines have reinforced uncertainty, keeping both energy and rates markets sensitive to developments. Easing tensions and lower oil prices had briefly supported Treasurys earlier in the week, but renewed uncertainty is once again weighing on sentiment. "Headline risk remains particularly elevated as the war continues without a clear off-ramp," BMO's head of U.S. rates strategy, Ian Lyngen, wrote, adding that U.S. rates are likely to take their primary cue from swings in energy prices until there is greater clarity on the conflict. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Nadia Martin Wiggen, Svelland Capital director, discusses the impact of the disruption in the Strait of Hormuz on shipping and the broader oil trade. "The market is not believing that we're going to have May-loading barrels," she tells Bloomberg Television. (Source: Bloomberg)
Nadia Martin Wiggen, Svelland Capital director, discusses the impact of the disruption in the Strait of Hormuz on shipping and the broader oil trade. "The market is not believing that we're going to have May-loading barrels," she tells Bloomberg Television. (Source: Bloomberg)
Investment advisors have recommended the 60/40 portfolio for decades. The idea is to allocate 60% of your money to stocks and 40% to bonds. Following this allocation has helped investors diversify their portfolios in the past. However, BlackRock (NYSE: BLK) , the world's largest asset manager, has practically declared the 60/40 portfolio dead in a recent note to investors -- at least, for now. Is ...
Investment advisors have recommended the 60/40 portfolio for decades. The idea is to allocate 60% of your money to stocks and 40% to bonds. Following this allocation has helped investors diversify their portfolios in the past. However, BlackRock (NYSE: BLK) , the world's largest asset manager, has practically declared the 60/40 portfolio dead in a recent note to investors -- at least, for now. Is BlackRock right? If so, what will replace what has served as the de facto foundational rule of modern investing? Image source: Getty Images. Continue reading