Columbus McKinnon (CMCO) delivered earnings and revenue surprises of -11.11% and +5.63%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Columbus McKinnon (CMCO) delivered earnings and revenue surprises of -11.11% and +5.63%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Caleres Inc. (CAL) delivered earnings and revenue surprises of +2.70% and -0.06%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Caleres Inc. (CAL) delivered earnings and revenue surprises of +2.70% and -0.06%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Late evening view of US Capitol building in Washington DC, USA Richard Sharrocks | Moment | Getty Images A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The " one big beautiful bill " came with many tax benefits for top earners, desp...
Late evening view of US Capitol building in Washington DC, USA Richard Sharrocks | Moment | Getty Images A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The " one big beautiful bill " came with many tax benefits for top earners, despite limiting how much they can deduct. However, lawyers for the wealthy said they have discovered a surprise buried in the footnotes of a tax law guide released last week by Congress' policy staff that could amount to double taxation. The deduction cap is imposed on trusts and estates, the lawyers said, which was unexpected. Even if a trust gave all its income to its beneficiaries, it would have to pay taxes on a portion of that income, according to the lawyers' interpretation of the document. While the consequences are steeper for trusts and estates of the ultra-wealthy, trusts with as little as $16,000 in income would also be subject to additional taxes, the lawyers said. "There is potentially an element of double taxation," said Dan Griffith, director of wealth strategy at Huntington Bank. "This is something that is going to affect somebody with a $400,000 special-needs trust. It's not just going to be something that $100 million dynasty trusts suffer with." Griffith said he is especially concerned about trusts that are obligated to distribute all their income. Trusts will either have to sell assets to pay the taxes, sacrificing future investment returns, or reduce their distributions to beneficiaries, he said. This provision creates a "mathematical nightmare" for tax lawyers and financial advisors, according to Justin Miller, national director of wealth planning at Evercore Wealth Management. Miller gave the example of a wealthy couple wishing to leave their estate to charity. "If I have to pay income taxes, that means I'm giving less money to charity because I'm giving...
Nu Holdings ( NU ) Thursday said that its Board of Directors has approved a share repurchase program of up to $1B of the company's Class A ordinary shares, to be conducted over a 12-month period beginning June 4, 2026. All growth investments across Brazil , Mexico , Colombia and the United States , including regulatory capital buffers, remain fully funded and unchanged, the company said. The stock...
Nu Holdings ( NU ) Thursday said that its Board of Directors has approved a share repurchase program of up to $1B of the company's Class A ordinary shares, to be conducted over a 12-month period beginning June 4, 2026. All growth investments across Brazil , Mexico , Colombia and the United States , including regulatory capital buffers, remain fully funded and unchanged, the company said. The stock is up 2.2% premarket. More on Nu Holdings Nu Holdings: Analyzing The New CFO And Credit Risk Nu Holdings: Seasonality Creates Entry Opportunity Nu Holdings: Growth Remains Strong Despite The Earnings Miss Nu stock down as Susquehanna downgrades 'pending better visibility' after recent leadership transition Nubank appoints new CFO
S&P 500 Index futures are down 0.5% at 7:47 a.m. in New York as AI-linked stocks falter after a disappointing outlook from chipmaker Broadcom. Nasdaq 100 futures fall 1.4% Dow Jones Industrial Average futures are up 0.6% The MSCI World Index is little changed Here are some of the biggest US movers before the bell: Magnificent Seven stocks: Microsoft (MSFT) +0.8%, Amazon (AMZN) +1.1%, Apple (AAPL) ...
S&P 500 Index futures are down 0.5% at 7:47 a.m. in New York as AI-linked stocks falter after a disappointing outlook from chipmaker Broadcom. Nasdaq 100 futures fall 1.4% Dow Jones Industrial Average futures are up 0.6% The MSCI World Index is little changed Here are some of the biggest US movers before the bell: Magnificent Seven stocks: Microsoft (MSFT) +0.8%, Amazon (AMZN) +1.1%, Apple (AAPL) +1%, Alphabet (GOOGL) +0.4%, Nvidia (NVDA) -1%, Meta Platforms (META) -0.7%, Tesla (TSLA) -0.8% AI-linked companies fall after Broadcom’s outlook for AI chip revenue failed to impress investors. Decliners include Intel (INTC), which is down about 4%, and Lumentum (LITE), which is falling 3%. Cryptocurrency-linked stocks fall as Bitcoin extended losses for a fifth consecutive session after renewed clashes in the Middle East weighed on market sentiment. Broadcom (AVGO) is down 14% after the chipmaker gave an outlook that was seen as underwhelming, given the industry’s AI-related demand. Analysts note that AI sales and margins for the current quarter are weaker than expected. Ciena (CIEN) falls 5% after the maker of equipment used by telecom companies posted quarterly results. CrowdStrike (CRWD) falls 10% as the security software company’s first-quarter beat wasn’t strong enough to lift the stock that has more than doubled from a March low. Five Below (FIVE) falls 10% after the retailer reported results, and while the quarter was a “standout,” the growth rate might be peaking, according to Jefferies. Netskope (NTSK) tumbles 19% after the cloud security firm reported an adjusted loss of 6 cents per share in the first quarter. Petco (WOOF) falls 12% after the pet health and wellness company’s adjusted Ebitda forecast for the second quarter came in below the average analyst estimate. PVH (PVH) slides 22% after reaffirmed adjusted earnings-per-share guidance from the owner of the Calvin Klein and Tommy Hilfiger brands missed consensus estimates. Analysts note sustained pressures f...
Barbican theatre, London Impeccable vocals and slick staging make for dazzling set pieces in a tame production that’s missing the emotional centre of the 1956 film Five years ago, the Barbican staged the first of three Cole Porter musicals in quick succession. A sublime revival of Anything Goes was fun, frothy and polished to perfection. Kiss Me, Kate followed, and now this show, about the romanti...
Barbican theatre, London Impeccable vocals and slick staging make for dazzling set pieces in a tame production that’s missing the emotional centre of the 1956 film Five years ago, the Barbican staged the first of three Cole Porter musicals in quick succession. A sublime revival of Anything Goes was fun, frothy and polished to perfection. Kiss Me, Kate followed, and now this show, about the romantic shenanigans of the American east coast gentry. Immaculate in its song and dance, it is smoothly staged from the minute the (doomed) multitiered cake is wheeled on for the upcoming wedding in Long Island. But something is missing from the love triangle between socialite Tracy Lord (Helen George), her pining ex-husband Dexter (Julian Ovenden) and square fiance George (David Seadon-Young) – with undercover journalist Mike (Freddie Fox) thrown into the romantic pot for good measure. Continue reading...