(RTTNews) - Constellation Brands, Inc. (STZ), on Wednesday, reported fourth-quarter net income of $201.8 million or $1.16 per share, compared to a net loss of $375.3 million or $2.09 per share last year.
(RTTNews) - Constellation Brands, Inc. (STZ), on Wednesday, reported fourth-quarter net income of $201.8 million or $1.16 per share, compared to a net loss of $375.3 million or $2.09 per share last year.
In March 2026, the U.S. Justice Department unsealed an indictment alleging that three individuals linked to Super Micro Computer illegally diverted Nvidia-powered AI servers worth about US$2.50 billion to Chinese customers in violation of U.S. export controls, triggering multiple securities class actions that claim the company misled investors about its compliance and China exposure. Although Supe...
In March 2026, the U.S. Justice Department unsealed an indictment alleging that three individuals linked to Super Micro Computer illegally diverted Nvidia-powered AI servers worth about US$2.50 billion to Chinese customers in violation of U.S. export controls, triggering multiple securities class actions that claim the company misled investors about its compliance and China exposure. Although Super Micro itself is not charged, the board has launched an independent probe into export-control...
The S&P 500 (SNPINDEX:^GSPC) climbed 2.51% to 6,782.81, the Nasdaq Composite (NASDAQINDEX:^IXIC) advanced 2.80% to 22,634.99, and the Dow Jones Industrial Average (DJINDICES:^DJI) jumped 2.85% to 47,909.92 as stocks rebounded on news of an U.S.–Iran ceasefire. Mega-cap tech and AI leaders outperformed, with Meta Platforms (NASDAQ:META) rallying 6.5% to $612.42 on its Muse Spark AI debut. Semicondu...
The S&P 500 (SNPINDEX:^GSPC) climbed 2.51% to 6,782.81, the Nasdaq Composite (NASDAQINDEX:^IXIC) advanced 2.80% to 22,634.99, and the Dow Jones Industrial Average (DJINDICES:^DJI) jumped 2.85% to 47,909.92 as stocks rebounded on news of an U.S.–Iran ceasefire. Mega-cap tech and AI leaders outperformed, with Meta Platforms (NASDAQ:META) rallying 6.5% to $612.42 on its Muse Spark AI debut. Semiconductor name ASML (NASDAQ:ASML) surged alongside tech stocks , with an additional boost from TD Cowen, which increased its price target. Energy majors such as Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) lagged as crude prices tumbled. Airlines, including Delta Air Lines (NYSE:DAL) and United Airlines (NASDAQ:UAL) gained. Continue reading
LinkedIn is facing two lawsuits over its practice of scanning users' browsers to determine which extensions they're running. Two class action complaints were filed by different law firms on behalf of different plaintiffs Monday in US District Court for the Northern District of California. Each complaint has one named plaintiff and seeks to represent a proposed class including all LinkedIn users in...
LinkedIn is facing two lawsuits over its practice of scanning users' browsers to determine which extensions they're running. Two class action complaints were filed by different law firms on behalf of different plaintiffs Monday in US District Court for the Northern District of California. Each complaint has one named plaintiff and seeks to represent a proposed class including all LinkedIn users in the US. The complaints seem to rely heavily on the recent "BrowserGate" report by a German entity called Fairlinked , which describes itself as a trade association and advocacy group for commercial LinkedIn users. Fairlinked appears to be run by the same people behind Teamfluence, an Estonian software company that sued LinkedIn in Munich in January. LinkedIn says Teamfluence distributed a browser extension that scraped LinkedIn user data in violation of the user agreement, and that its LinkedIn accounts were suspended. Read full article Comments
Parc des Princes did not witness the rout that even Liverpool might have privately feared but the gulf in quality between Paris Saint-Germain and Arne Slot’s side was laid bare throughout the Champions League quarter-final. Liverpool leave Paris with hope, having arrived with none, but will require a dramatic recovery just to lay a glove on the European champions at Anfield next Tuesday. A fortuna...
Parc des Princes did not witness the rout that even Liverpool might have privately feared but the gulf in quality between Paris Saint-Germain and Arne Slot’s side was laid bare throughout the Champions League quarter-final. Liverpool leave Paris with hope, having arrived with none, but will require a dramatic recovery just to lay a glove on the European champions at Anfield next Tuesday. A fortunate, deflected strike from Désiré Doué and a superb second from Khvicha Kvaratskhelia gave the holders a deserved first leg advantage and it could so easily have been more. Ousmane Dembélé missed a hat-trick of openings, his final effort striking the outside of a post, while Nuno Mendes and Doué were also guilty of failing to punish vulnerable opponents. Continue reading...
Phimprapha Kitaiamphaisan/iStock via Getty Images When I think about Schwab U.S. Broad Market ETF ( SCHB ), I think of a benchmark in the US large-cap market. And when I think about the US large-cap market, today I think … “What a mess!” Yes, because there are 3 big reasons to be bullish, 2 fundamental and 1 technical. But also 2 great reasons to stay away from it. In my opinion, if it weren’t for...
Phimprapha Kitaiamphaisan/iStock via Getty Images When I think about Schwab U.S. Broad Market ETF ( SCHB ), I think of a benchmark in the US large-cap market. And when I think about the US large-cap market, today I think … “What a mess!” Yes, because there are 3 big reasons to be bullish, 2 fundamental and 1 technical. But also 2 great reasons to stay away from it. In my opinion, if it weren’t for the last of these, I would have given a BUY rating. For now I remain on HOLD. Before explaining why … What is SCHB It is a passive ETF designed as “core” exposure to the US equity market belonging to the Large Blend, broad category. The stated benchmark is the Dow Jones U.S. Broad Stock Market Index, which includes about 2,500 listed U.S. companies. The stated objective is to replicate it as closely as possible. Structural implication? The strategy aims for market beta, not alpha; SCHB: Historical price trend (Seeking Alpha) What has made it widely used is its cost: 0.03%, an extremely competitive cost and practically in line with the main broad market/large-cap peers, fully offset by a 30-day SEC Yield of 1.15%. Not surprisingly, today it has an AUM above $39 billion. SCHB: Dividend metrics overview (Seeking Alpha) Composition The index it tracks uses a float-adjusted market capitalization weighted method, with sampling techniques, which produces a “winner-takes-all” type dynamic, and like other indices, the fund tends to reflect the leadership of mega caps and to participate mainly in rallies driven by Big Tech and growth. Here the top ten account for over 30% , and strong exposures can be seen to stocks such as NVIDIA Corporation ( NVDA ), Apple Inc. ( AAPL ), Microsoft Corporation ( MSFT ), Amazon.com, Inc. ( AMZN ), and Alphabet Inc. ( GOOG ) (and the other Mag 7). SCHB: Top holdings overview (Seeking Alpha) Peers In this sense, the comparison with ETFs that have the S&P 500 as a benchmark, such as the famous and widely used SPY, can be interesting. This is a tabular ...
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, please sign up here . In less than a week, Prime Minister Mark Carney may have a majority in Parliament. It would mark almost exactly a year since Canadians narrowly denied him one in a national election. This morning, Ontario lawmaker Marilyn Gladu ...
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, please sign up here . In less than a week, Prime Minister Mark Carney may have a majority in Parliament. It would mark almost exactly a year since Canadians narrowly denied him one in a national election. This morning, Ontario lawmaker Marilyn Gladu abandoned the Conservatives to cross the floor, giving Carney’s party 171 seats, one short of a bare majority. The Liberals are currently favored to win two of three byelections scheduled for Monday. If that happens, the prime minister won’t need to rely on other parties — or call a snap election — to pass much of his ambitious agenda. Gladu is the fifth member of Parliament to join the Liberals in the span of about five months . According to CBC News, the last prime minister to attract so many defectors was Jean Chrétien, the centrist Liberal who governed from 1993 to 2003. Gladu is also the fourth MP to join Carney from the Conservatives, and the former Dow Chemical executive looks like the most conservative of the lot. She briefly ran to lead the Tories in 2020 (though she dropped out before the vote), supported the controversial trucker convoy that brought Ottawa to a standstill in the winter of 2022, criticized government vaccine rules during the Covid-19 pandemic, and sought to narrow the scope of a Liberal bill banning sexual-orientation conversion therapy, arguing it would prevent people from accessing counseling. “If you were drawing up a list of Conservative MPs likely to cross the floor, I think Ms. Gladu would be near the bottom of that list,” Stewart Prest, a political science professor at the University of British Columbia, told me, warning that it will be difficult for Carney to keep everyone in his big tent onside. Reconciling her politics with those on the Liberal Party’s left could prove thorny for Carney down the line. But right now, at least, Prest said ...
↗️ Levi Strauss (LEVI): Shares jumped 11% after the apparel maker said its turnaround is working, and upgraded its guidance. ↘️ Blue Owl (OWL): One of its biggest private-credit funds was downgraded by ratings company Moody's because of investors asking to pull out a big share of their money.
↗️ Levi Strauss (LEVI): Shares jumped 11% after the apparel maker said its turnaround is working, and upgraded its guidance. ↘️ Blue Owl (OWL): One of its biggest private-credit funds was downgraded by ratings company Moody's because of investors asking to pull out a big share of their money.
Boeing (NYSE: BA) stock has significant potential, backed by a $682 billion backlog, including more than $560 billion at Boeing Commercial Airplanes. The backlog supports future growth, and with the company set to ramp up deliveries of its key narrow-body 737 MAX aircraft this year, its turnaround is underway. That said, the stock has notably underperformed the S&P 500 index since its earnings rep...
Boeing (NYSE: BA) stock has significant potential, backed by a $682 billion backlog, including more than $560 billion at Boeing Commercial Airplanes. The backlog supports future growth, and with the company set to ramp up deliveries of its key narrow-body 737 MAX aircraft this year, its turnaround is underway. That said, the stock has notably underperformed the S&P 500 index since its earnings report on Jan. 27. Potential is one thing, and realizing it is another. There's no doubt that if Boeing executes well on its backlog, its stock could move meaningfully higher. Let's put it this way: Before the high-profile 737 MAX crashes (which led to its grounding) occurred in late 2018 and the spring of 2019, Boeing was a business generating $13.7 billion in free cash flow (FCF). Image source: Getty Images. Continue reading
TERMSIRISAKUL/iStock via Getty Images April 7th was a really interesting day for shareholders of The Greenbrier Companies, Inc. ( GBX ). Even though the company reported revenue and earnings per share that fell short of analysts’ expectations for the second quarter of the company's 2026 fiscal year, the stock price really didn't change all that much. That's not to say that the firm hasn't seen som...
TERMSIRISAKUL/iStock via Getty Images April 7th was a really interesting day for shareholders of The Greenbrier Companies, Inc. ( GBX ). Even though the company reported revenue and earnings per share that fell short of analysts’ expectations for the second quarter of the company's 2026 fiscal year, the stock price really didn't change all that much. That's not to say that the firm hasn't seen some volatility over the last couple of years now. In fact, the business is down 27.5% since I called it a Buy back in early December of 2024. Over that same window of time, the S&P 500 ( SP500 ) is up 11.6%. This weakness can be attributed to a plunge in revenue, profits, and cash flows as industry conditions deteriorate. Short-term, I expect economic conditions to worsen, pushing financial performance even lower for the business. And honestly, management has those same expectations. Long term, however, I feel optimistic about the company. There are some structural reasons why growth should continue, even if it does mean that the short-term picture looks like a train wreck. Taking the long-term stance, I firmly believe that calling the company a soft Buy makes sense here. A Rough Quarter Author - SEC EDGAR Data Pretty much no matter how you look at it, the second quarter of the 2026 fiscal year was a difficult time for The Greenbrier Companies. Revenue for the company came in at $587.5 million. That happened to be 22.9% below the $762.1 million that the business reported a year earlier. It also ended up being $76.2 million below what analysts were hoping to see . This drop in revenue came as a result of weakness across both operating segments. The most significant of these is its Manufacturing segment, which builds and sells freight rail cars and component parts throughout North America and Europe. It also is involved in sustainable conversions and railcar maintenance activities, with examples being wheel and axle services. Author - SEC EDGAR Data Author - SEC EDGAR Data Acco...