Geneva, Switzerland, April 08, 2026 (GLOBE NEWSWIRE) -- Reaffirms FY 2026 Revenue Guidance, Projecting Year-Over-Year Growth of 50% to 100%, Underscoring Continued Business Momentum
Geneva, Switzerland, April 08, 2026 (GLOBE NEWSWIRE) -- Reaffirms FY 2026 Revenue Guidance, Projecting Year-Over-Year Growth of 50% to 100%, Underscoring Continued Business Momentum
The US and Japan have an ambition to transform the Philippines into a critical minerals powerhouse and cut their reliance on China as part of a broader economic partnership, but analysts warn that a lack of commitment by Manila to introduce comprehensive reforms and tackle corruption could hamper the goal. A report by the US-based think tank Centre for a New American Security (CNAS) said cooperati...
The US and Japan have an ambition to transform the Philippines into a critical minerals powerhouse and cut their reliance on China as part of a broader economic partnership, but analysts warn that a lack of commitment by Manila to introduce comprehensive reforms and tackle corruption could hamper the goal. A report by the US-based think tank Centre for a New American Security (CNAS) said cooperation between the three countries was central to leveraging the Philippines’ vast potential as a source...
Jetlinerimages/iStock via Getty Images The airline industry faces a fluid situation despite recent declines in crude oil prices, with the full impact of lower fuel costs likely taking months to materialize in earnings results, according to David Vernon, senior airlines research analyst at Bernstein. Vernon, speaking in an interview with CNBC, emphasized that while airline stocks may rally on the p...
Jetlinerimages/iStock via Getty Images The airline industry faces a fluid situation despite recent declines in crude oil prices, with the full impact of lower fuel costs likely taking months to materialize in earnings results, according to David Vernon, senior airlines research analyst at Bernstein. Vernon, speaking in an interview with CNBC, emphasized that while airline stocks may rally on the prospect of easing oil prices, investors should watch whether carriers can maintain their recent fare and fee increases as jet fuel costs normalize. “The crisis is still gonna move at the speed of an oil tanker,” Vernon said, noting that refined product shipments need time to reach Asian and European markets before fears of scarcity and higher prices can truly subside. The key question for airlines, he explained, is whether they can retain pricing power even as their costs decrease—a scenario that could accelerate earnings momentum. Regarding consumer demand, Vernon dismissed the notion that any airline could be fully insulated from economic pressures. Even Delta Air Lines ( DAL ), with its focus on premium travelers, must consider the broader impact on consumption across its product offerings. “As oil prices go up and business travel fares get higher, it’s likely to think that maybe some of the controls on business spending may actually kinda kick in a little bit as well,” he noted. However, Vernon highlighted Delta’s unique competitive advantages, particularly its Trainer refinery, which helps offset approximately one-third of the impact from higher crack spreads. The airline’s diversification into maintenance and repair operations, along with potential benefits from higher air freight rates in its cargo business, provides additional levers to manage cost pressures without passing the full burden to consumers. Looking ahead, Vernon indicated that TSA screening data across the country remains a key metric to watch as the industry monitors whether demand can stay resilient a...
Spencer Platt/Getty Images News Exxon Mobil ( XOM ) said Wednesday that disruptions to its assets in Qatar and the United Arab Emirates will reduce its global oil-equivalent production by 6% in Q1 compared to the previous quarter, as the Iran war paralyzed much of the Persian Gulf energy industry. Exxon ( XOM ) said its upstream assets in Qatar and the United Arab Emirates, which account for ~20% ...
Spencer Platt/Getty Images News Exxon Mobil ( XOM ) said Wednesday that disruptions to its assets in Qatar and the United Arab Emirates will reduce its global oil-equivalent production by 6% in Q1 compared to the previous quarter, as the Iran war paralyzed much of the Persian Gulf energy industry. Exxon ( XOM ) said its upstream assets in Qatar and the United Arab Emirates, which account for ~20% of the company's global oil-equivalent barrels of production, were impacted by production disruptions beginning in early March. Attacks in Qatar impacted two liquefied natural gas trains in which Exxon ( XOM ) has ownership interest, assets that accounted for 3% of 2025 upstream production, the company said, adding that it is not yet clear when the two trains will return to normal operations, pending an on-site evaluation. Exxon ( XOM ) also noted its Middle East assets represent ~5% of its global refining and chemical capacity, and disruptions and reduced crude availability will reduce its Q1 global energy product throughput by 2% compared to the previous quarter. Exxon ( XOM ) said it expects a Q1 boost to earnings of as much as ~$2.9B from higher oil and natural gas prices, compared with the prior quarter, when it reported a $6.5B profit. However, the company warned of negative timing effects associated with its trading program that should weigh on Q1 earnings in the range of $3.5B-$4.9B, the equivalent of ~$0.93/share at the midpoint; in Q4 2025, Exxon's ( XOM ) earnings were $1.53/share, or $1.71/share after stripping out certain one-time costs. Exxon ( XOM ) said the negative timing effects are the result of how the company accounts for certain trades and will unwind over time. Exxon ( XOM ) shares are indicated down 5.6% pre-market Wednesday, as energy companies decline across the board alongside oil prices after the U.S. and Iran agreed to a two-week ceasefire aimed at reopening the Strait of Hormuz. More on Exxon Mobil Exxon Mobil: Buy, But Only If You Accept The O...
Green Rain Energy Holdings, Inc. has made significant strides in expanding electric vehicle (EV) infrastructure across U.S. markets, marking a pivotal transition from strategy to execution. Recently, the company has completed the installation of several EV charging stations, including in San Diego and Rochester, which are key components of a growing network designed to meet the rising demand for E...
Green Rain Energy Holdings, Inc. has made significant strides in expanding electric vehicle (EV) infrastructure across U.S. markets, marking a pivotal transition from strategy to execution. Recently, the company has completed the installation of several EV charging stations, including in San Diego and Rochester, which are key components of a growing network designed to meet the rising demand for EV charging. This expansion responds to shifting global energy markets, with rising fuel costs and...
valentinrussanov/E+ via Getty Images When Forgent Power Solutions ( FPS ) went public early in February, I wondered if shares had the power. Currently, shares have been trading largely flattish in a $26-$37 price range, with shares exchanging hands around the $30 mark. Compared to the time of the offering two months ago, my regard for the business has improved a great deal, in between accelerating...
valentinrussanov/E+ via Getty Images When Forgent Power Solutions ( FPS ) went public early in February, I wondered if shares had the power. Currently, shares have been trading largely flattish in a $26-$37 price range, with shares exchanging hands around the $30 mark. Compared to the time of the offering two months ago, my regard for the business has improved a great deal, in between accelerating growth, margin gains, strong guidance, a strong order intake, and remarks about long-term growth and capacity. This is highly encouraging in my view, amidst a relatively stable share price while market conditions at large are difficult. This makes me quite upbeat here. My regard for the business has increased a great deal, and dips from here certainly look compelling enough to buy into dips. Other, higher conviction ideas, including recent M&A efforts, can be found at Value In Corporate Events . Recent News In the final days of March, Forgent sold a total of some 34.5 million shares at $29.50 per share. Nearly 24 million shares were sold by selling shareholders, with the company offering 10.8 million shares, including the overallotment option here. The offering came relatively soon after the offering, and Forgent reported second-quarter results in the middle of the month. That was the first public report of Forgent as a publicly traded business. These numbers look quite solid at face value, with reported sales up 69% to $296 million, driven by data center and grid customers. GAAP operating profits of $20 million were up minimally on the year before, suggesting real deleverage in percentage terms. Quarterly revenues rose a bit from a $283 million number for the first quarter, yet GAAP operating margins have come in quite a bit from a $31 million number in the first quarter. With interest expenses largely coming in around levels of operating profits, the company posted largely break-even results. Those are the GAAP results, with adjusted earnings for the quarter seen around ...