(RTTNews) - Royal Bank of Canada (RY.TO) revealed a profit for its second quarter that increased from the same period last year The company's bottom line totaled C$3.88 billion, or C$2.74 per share. This compares with C$3.61 billion, or C$2.60 per share, in last year's second quarter. Excluding items, Royal Bank of Canada reported adjusted earnings of C$4.13 billion or C$2.92 per share for the per...
(RTTNews) - Royal Bank of Canada (RY.TO) revealed a profit for its second quarter that increased from the same period last year The company's bottom line totaled C$3.88 billion, or C$2.74 per share. This compares with C$3.61 billion, or C$2.60 per share, in last year's second quarter. Excluding items, Royal Bank of Canada reported adjusted earnings of C$4.13 billion or C$2.92 per share for the period. The company's revenue for the quarter rose 13.7% to C$14.15 billion from C$12.45 billion last year. Royal Bank of Canada earnings at a glance (GAAP) : -Earnings (Q2): C$3.88 Bln. vs. C$3.61 Bln. last year. -EPS (Q2): C$2.74 vs. C$2.60 last year. -Revenue (Q2): C$14.15 Bln vs. C$12.45 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
BRP press release ( DOO ): Q1 Non-GAAP EPS of C$1.83 beats by C$0.72 . Revenue of C$2.39B (+29.2% Y/Y) beats by C$230M . Normalized EBITDA of C$334.4 million, an increase of 66.5% compared to last year. North American Powersports retail sales decreased by 7% compared to last year, mainly due to a strong end-of-season in Snowmobile last year. Issuing a revised full-year guidance, incorporating incr...
BRP press release ( DOO ): Q1 Non-GAAP EPS of C$1.83 beats by C$0.72 . Revenue of C$2.39B (+29.2% Y/Y) beats by C$230M . Normalized EBITDA of C$334.4 million, an increase of 66.5% compared to last year. North American Powersports retail sales decreased by 7% compared to last year, mainly due to a strong end-of-season in Snowmobile last year. Issuing a revised full-year guidance, incorporating incremental tariff cost net of mitigation measures, with revenues between C$9.1 and C$9.4 billion, and Normalized diluted earnings per share between C$3.00 and C$3.50. More on BRP Inc. BRP: Justified, But Exaggerated, Tariff Panic BRP Inc. (DOO:CA) Q4 2026 Earnings Call Transcript BRP Inc. 2026 Q4 - Results - Earnings Call Presentation BRP suspends FY27 guidance; new U.S. tariffs signal $500M+ profit headwind BRP Non-GAAP EPS of C$2.21, revenue of C$2.46B; gives Q1 and FY27 outlook
Hormel Foods press release ( HRL ): Q2 Non-GAAP EPS of $0.40 beats by $0.05 . Revenue of $2.97B (+2.4% Y/Y) beats by $10M . For fiscal 2026, the Company: •Reaffirms net sales in the range of $12.2 billion to $12.5 billion vs $12.30B consensus and organic net sales growth of 1% to 4% •Updates operating income guidance to be in the range of $0.96 billion to $1.02 billion, which includes the loss on ...
Hormel Foods press release ( HRL ): Q2 Non-GAAP EPS of $0.40 beats by $0.05 . Revenue of $2.97B (+2.4% Y/Y) beats by $10M . For fiscal 2026, the Company: •Reaffirms net sales in the range of $12.2 billion to $12.5 billion vs $12.30B consensus and organic net sales growth of 1% to 4% •Updates operating income guidance to be in the range of $0.96 billion to $1.02 billion, which includes the loss on the sale of the whole-bird turkey business •Reaffirms adjusted operating income to be in the range of $1.06 billion to $1.12 billion, reflecting growth of 4% to 10% •Updates diluted earnings per share guidance to be in the range of $1.28 to $1.37 •Reaffirms adjusted diluted earnings per share to be in the range of $1.43 to $1.51 vs $1.46 consensus reflecting growth of 4% to 10% More on Hormel Foods Hormel Foods: Near 6% Yield Looks Tasty, But Hot Inflation Remains A Key Risk Hormel Foods: A Cautious Buy As It Looks Closer To A Turnaround Hormel: Shifting From EPS Decline To Growth Hormel Foods Q1 2026 Earnings Preview U.S. struggles to define ‘ultraprocessed foods’ as Kennedy pushes crackdown
Micron Technology has delivered massive returns to investors over the past year. Its stock soared 704 percent amid the ongoing artificial intelligence boom. So, if an investor had put $100 in the company one year ago and held the shares until now, the investment would have grown to nearly $804. Investors would have earned about $704 in just 12 months. Micron's market value has climbed to around $8...
Micron Technology has delivered massive returns to investors over the past year. Its stock soared 704 percent amid the ongoing artificial intelligence boom. So, if an investor had put $100 in the company one year ago and held the shares until now, the investment would have grown to nearly $804. Investors would have earned about $704 in just 12 months. Micron's market value has climbed to around $847 billion, making it one of the world's most valuable semiconductor companies. The company is currently trading at about 7.7 times its expected sales this year and 12.9 times its expected earnings. Investors are paying nearly $13 for every $1 Micron is expected to earn this year. "We believe the market will start to put a more ‘normal' multiple on the stock and MU will continue to re-rate higher as more details emerge about the structural changes AI has driven to the entire memory complex," Micron said, as reported by CNBC. The chipmaker has emerged as one of the biggest beneficiaries of rising demand for AI-related hardware, especially memory chips used in data centres, AI servers, laptops and smartphones. Strong spending by major technology companies on AI infrastructure has pushed Micron's stock sharply higher over the past year. Over the last five years, the stock has outperformed the broader market by 49.31 percent on an annualised basis, giving an average yearly return of 61.64 percent. So, if an investor who put $100 into Micron stock five years ago would now have about $1,103.28. This is more than 11 times its original value. The Motley Fool said investors should think carefully before buying Micron Technology for the long term even though its stock is seeing a upward strike. The investment advisory firm noted that Micron was not included in its latest list of the "10 best stocks to buy now." The firm said a $1,000 investment in Netflix after its 2004 recommendation would now be worth about $472,852, while a similar investment in Nvidia in 2005 would have grown to ...
Agricultural chemical producer FMC Corp. (FMC +4.24%) has had a difficult run in the markets. Over the past couple of years, FMC has seen some of its proprietary chemicals come off-patent. At the same time, the agriculture industry has experienced a difficult crop cycle, with low prices making it difficult for farmers to invest in additional chemicals. Add in a fair amount of debt, and FMC's stock...
Agricultural chemical producer FMC Corp. (FMC +4.24%) has had a difficult run in the markets. Over the past couple of years, FMC has seen some of its proprietary chemicals come off-patent. At the same time, the agriculture industry has experienced a difficult crop cycle, with low prices making it difficult for farmers to invest in additional chemicals. Add in a fair amount of debt, and FMC's stock has plummeted 90% from its early 2022 highs. However, FMC just announced an asset sale this month that could alleviate some of the debt pressure. With tightening global markets and a bargain-basement stock price, could the sale signal the beginning of a turnaround? Expand NYSE : FMC FMC Today's Change ( 4.24 %) $ 0.55 Current Price $ 13.53 Key Data Points Market Cap $1.7B Day's Range $ 13.14 - $ 13.86 52wk Range $ 12.17 - $ 44.78 Volume 75.2K Avg Vol 3.3M Gross Margin 32.54 % Dividend Yield 9.77 % FMC sells its India business On May 7, FMC announced that it would sell its Indian business to Crystal Crop Protection Limited, a crop chemical company based in India, for $252 million. The deal is supposed to close by the end of this year. As part of the deal, Crystal will take over FMC's commercial operations in India, while retaining a license to FMC's brands and preferred access to FMC's research and development pipeline. FMC first announced its intention to sell its Indian business in July 2025 to reduce debt and avoid the issues that had plagued it. Last year, the company took back excess inventory that had built up in the Indian sales channel, resulting in a massive revenue reversal and decline in earnings. FMC slashed its dividend by 92% as a result. The sale of the business will help the company avoid that complicated market, and also make a small dent in its debt load. As of March 31, FMC had over $4.5 billion in debt, so the India sale will cut that total by just about 5.6%. While only a small reduction in debt, every little bit helps. FMC's turnaround is tenuous FMC c...
Key Points This is one of the few pot stocks that has not only landed in the black on the bottom line, but also had revenue growth. The company will also benefit from a hidden positive in the DEA's recent rescheduling of marijuana. 10 stocks we like better than Green Thumb Industries › Green Thumb Industries (OTC: GTBIF) is a cut above other marijuana stocks. In contrast to the vast majority that ...
Key Points This is one of the few pot stocks that has not only landed in the black on the bottom line, but also had revenue growth. The company will also benefit from a hidden positive in the DEA's recent rescheduling of marijuana. 10 stocks we like better than Green Thumb Industries › Green Thumb Industries (OTC: GTBIF) is a cut above other marijuana stocks. In contrast to the vast majority that struggle to stay afloat, let alone report net income, Green Thumb currently has a streak of profitability. It's also delivering revenue growth. Unfortunately, we live in a time of caution and bearishness on cannabis companies. Here's my take on whether Green Thumb has enough potential for investors to buy the stock. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » A strategic player Green Thumb differentiates itself by careful segmentation. It has a variety of brands, formats, and price points to appeal to the wide variety of marijuana consumers. For instance, there's the high-end, select Rythm brand for discerning clientele, available in flower, vape cartridges, and resin concentrates. The more casual weed aficionado is the demographic for Good Green, its line of budget flower products. As a multi-state operator (MSO), Green Thumb has been similarly strategic in building out its dispensary network. It currently boasts more than 110 stores across the U.S., with an emphasis on limited-license states such as its native Illinois, Florida, and Ohio. The number of medical and/or recreational pot dispensaries is concentrated in such places, giving retailers active there a big competitive edge and relatively strong pricing power. Such factors helped power Green Thumb's 7%-plus year-over-year revenue growth in its first quarter (to a little more than $300 million). On the bottom line, net income according to gener...
Royal Bank of Canada press release ( RY ): Q2 Non-GAAP EPS of C$3.90 beats by C$0.11 . Revenue of C$17.45B (+11.4% Y/Y) beats by C$180M More on Royal Bank of Canada Royal Bank of Canada (RY:CA) Shareholder/Analyst Call Transcript Royal Bank of Canada: Fundamentally Solid, But Valuation And Technicals Reiterate Caution Royal Bank of Canada (RY:CA) Presents at 24th Annual Financial Services Conferen...
Royal Bank of Canada press release ( RY ): Q2 Non-GAAP EPS of C$3.90 beats by C$0.11 . Revenue of C$17.45B (+11.4% Y/Y) beats by C$180M More on Royal Bank of Canada Royal Bank of Canada (RY:CA) Shareholder/Analyst Call Transcript Royal Bank of Canada: Fundamentally Solid, But Valuation And Technicals Reiterate Caution Royal Bank of Canada (RY:CA) Presents at 24th Annual Financial Services Conference Transcript Canadian banks Q2 earnings preview - What to expect Francisco Partners is said to be in talks to buy Canadian payments firm Moneris for up to $2B
By executing a brilliant "skip-generation" strategy, Micron recently bypassed older iterations to mass-produce 24GB HBM3E for Nvidia’s H200 and Blackwell architectures. Building on this momentum, it has also begun volume shipments of next-generation 36GB, 12-layer HBM4 chips tailored for Nvidia’s upcoming Rubin platform, causing its 2026 supply to completely sell out. The company is currently focu...
By executing a brilliant "skip-generation" strategy, Micron recently bypassed older iterations to mass-produce 24GB HBM3E for Nvidia’s H200 and Blackwell architectures. Building on this momentum, it has also begun volume shipments of next-generation 36GB, 12-layer HBM4 chips tailored for Nvidia’s upcoming Rubin platform, causing its 2026 supply to completely sell out. The company is currently focused on the development of HBM4E, its next-generation HBM product, and expects to ramp up its volume in 2027. With rapid evolution in AI models, compute architectures are becoming heavily memory-intensive, transforming memory from a simple commodity into a defining strategic asset. Micron has emerged as a primary enabler of this shift through its High-Bandwidth Memory (HBM), which is an ultra-fast, 3D-stacked DRAM designed to shatter traditional memory bottlenecks. Before exploring the ETFs that may be best positioned to capitalize on Micron’s rally, it is worth examining the key drivers behind the company’s rise to trillion-dollar status and evaluating whether this growth trajectory can remain sustainable over the long run. The latest development, backed by the accelerating multi-billion-dollar artificial intelligence (AI) infrastructure buildout worldwide, has put a bright spotlight on technology exchange-traded funds (ETFs), which have spent the past year aggressively expanding their allocations. In a historic milestone on May 26, 2026, Micron Technology ’s market capitalization crossed the $1 trillion threshold, driven by an extraordinary 19.3% single-day stock rally that lifted shares to a close of $895.88. This dramatic rally places the memory-chip giant into an elite tier of a few tech titans, with MU following closely on the heels of other foundational chip architectures like Samsung Electronics, Broadcom, and SK Hynix, which have also recently entered the trillion-dollar club. Chicago, IL – May 28, 2026 – Zacks.com announces the list of stocks featured in the Analys...
Getty Images Medtronic plc ( MDT ) is one of the major medical equipment companies in the world, and I have covered the company in the past. However, it has been about 4.5 years since I published my last article about the company, as I considered the stock too expensive and did not really focus on the company in the last few years. In the conclusion of my last article, I explained why I considered...
Getty Images Medtronic plc ( MDT ) is one of the major medical equipment companies in the world, and I have covered the company in the past. However, it has been about 4.5 years since I published my last article about the company, as I considered the stock too expensive and did not really focus on the company in the last few years. In the conclusion of my last article, I explained why I considered the stock to be a “Hold” at best: In the recent past, other contributors argued for a rebound and Medtronic might very well climb higher again after the steep decline in the last few weeks. But I still have my doubts if Medtronic is a good long-term investment at this point. When considering the company’s growth assumptions as realistic, Medtronic would be slightly undervalued right now. Medtronic is a solid business with an economic moat, but I have my doubts if Medtronic is able to grow in the high-single digits in the years to come and if Medtronic should grow with a slower pace, the stock is still overvalued. And in the last 4.5 years, Medtronic certainly has not been a good investment. In the meantime, the stock declined 30%, and even when including dividend payments during these years, investors still would have lost 20%. In the same timeframe, the S&P 500 increased 59%, and this underlines what a bad investment Medtronic would have been. Data by YCharts In the following article, I will look at Medtronic once again, as the stock has now been in a major correction for almost 5 years and is trading 42% below its previous all-time high. We certainly can make the argument that Medtronic is at least fairly valued right now, as Medtronic is accelerating growth rates again and spinning off its Diabetes segment. Quarterly Results We start by looking at the third-quarter results for fiscal 2026, which were reported on February 17, 2026. Net sales increased from $8,292 million in Q3/25 to $9,017 million in Q3/26, resulting in 8.7% year-over-year growth. This is the highest rev...
Ninoon/iStock via Getty Images GO Residential Real Estate Investment Trust ( GONYF ) ( GO.U:CA ) is a TSX-listed company with a focus on high-end luxury multifamily rentals in the New York metropolitan area. Its stock was first listed in mid-2025. It currently has a portfolio of 5 luxury properties consisting of 2,015 units. By targeting high-income, affluent renters, GO Residential REIT has creat...
Ninoon/iStock via Getty Images GO Residential Real Estate Investment Trust ( GONYF ) ( GO.U:CA ) is a TSX-listed company with a focus on high-end luxury multifamily rentals in the New York metropolitan area. Its stock was first listed in mid-2025. It currently has a portfolio of 5 luxury properties consisting of 2,015 units. By targeting high-income, affluent renters, GO Residential REIT has created a unique niche for itself in the real estate world. GO Residential REIT's Financials Reflect a Company in Growth Mode Based on the F-Score, which measures a REIT's financial health (with 0 indicating poor financial strength and 9 indicating a financially strong company), GO Residential REIT scores 3: F Score Analysis ( GO Residential REIT Financials) However, I don't believe this was an accurate depiction of the REIT's health because there appear to be quite a few one-time adjustments skewing the score downward, and there wasn't enough history to properly assess risk. From the F-Score analysis, there are a few ratios worth noting: Its leverage is 0.56, and it's likely to grow as more properties are acquired The current ratio grew to above 2.0 from less than 0.5 a quarter ago Total share count continues to increase as the company is using new share issuance to fund acquisitions The above figures reveal that the company remains at a healthy debt level while growing through debt and equity. On a cash-flow basis, the company continues to earn positive AFFO, and its payout ratio remains within GO Residential REIT's ability to pay at 62.8%. Its occupancy remains at above 97.5%, making its assets largely stabilized. This shows that the REIT is likely to incur lower turnover costs than typical residential REIT operators: High level financial metrics ( GO Residential REIT Q1-2026) Recent Acquisition: 5 New Buildings and an Additional 1,019 Suites In its most recent quarterly release, GO Residential REIT acquired 5 new properties in the Manhattan and Brooklyn area, increasing the ...
A US judge on Thursday declined to block President Donald Trump ’s executive tightening rules on mail-in voting in a loss for the Democratic Party, whose lawyers argued that it could disenfranchise millions of voters. The decision comes as Trump’s Republicans are locked in a tight battle to keep control of both houses of the US Congress in the November midterm elections. Trump has for years pu...
A US judge on Thursday declined to block President Donald Trump ’s executive tightening rules on mail-in voting in a loss for the Democratic Party, whose lawyers argued that it could disenfranchise millions of voters. The decision comes as Trump’s Republicans are locked in a tight battle to keep control of both houses of the US Congress in the November midterm elections. Trump has for years pushed the false claim that his 2020 election defeat was the result of widespread voter fraud and has criticised voting by mail. Advertisement The executive order signed by Trump on March 31 directed his administration to compile a list of confirmed US citizens eligible to vote in each state and to use federal data to help state election officials verify who is eligible to vote. It also required the US Postal Service to only deliver ballots to voters on each state’s approved mail-in ballot list, and required states to preserve election-related records for five years. US President Donald Trump waves upon arrival, alongside Attorney General of Texas Ken Paxton (left) in Dallas, Texas in 2020. Photo: AFP In rejecting a request by plaintiffs including Senate Minority Leader Chuck Schumer of New York that he issue a preliminary injunction blocking the measure, Washington-based US District Judge Carl Nichols wrote that the Democrats had brought the case too early because the government had not yet produced any flawed citizenship lists and the Postal Service had not yet implemented any new rules.