Welcome to our guide to the commodities driving the global economy. Today, Oil Europe Team Leader Alaric Nightingale takes stock of the market after a day of clashes involving shipping in the Strait of Hormuz and missile attacks on the United Arab Emirates. With the Iran war now in its 10th week, the oil-supply black hole is growing and the chances of a swift return to normal are becoming ever-mor...
Welcome to our guide to the commodities driving the global economy. Today, Oil Europe Team Leader Alaric Nightingale takes stock of the market after a day of clashes involving shipping in the Strait of Hormuz and missile attacks on the United Arab Emirates. With the Iran war now in its 10th week, the oil-supply black hole is growing and the chances of a swift return to normal are becoming ever-more remote. US and Iranian forces exchanged fire Monday, fraying a ceasefire that has been fragile ever since it was announced in early April. Tehran, meanwhile, published a map showing that the United Arab Emirates’ port of Fujairah is now within its “zone of control.” It again attacked an oil terminal at the facility. These events have two effects as far as the oil market is concerned. First, they represent yet another day when — at the very least — 10 million barrels of supply are not reaching global markets via the Strait of Hormuz. And second, they demonstrate the risks to critical assets that will be needed to restore supplies once the conflict is over. Many of the world’s top traders warned two weeks ago that, because a return to normal shipping through Hormuz will take time, the oil market faces a guaranteed supply loss of around a billion barrels. Since then, another 140 million barrels — at a minimum — have been lost. Following Iran’s efforts to widen its area of maritime control, more vessels have moved away from Hormuz, a sign that shipowners’ risk aversion is growing. Yes, President Donald Trump has said the US will begin guiding some neutral vessels through the waterway, but so far there’s no visible uptick in commercial traffic. The supply shock has sent global oil prices up more than 50% since the start of the war. They’re still far from record highs. But with every day the conflict drags on, the shortfall gets bigger, inventories are eaten away and the point at which prices really start to destroy demand draws nearer. —Alaric Nightingale, Bloomberg News Chart...
Ophthalmology biopharmaceutical company Ocular Therapeutix (NASDAQ:OCUL) missed Wall Street’s revenue expectations in Q1 CY2026, with sales flat year on year at $10.79 million. Its GAAP loss of $0.40 per share was 20.5% below analysts’ consensus estimates.
Ophthalmology biopharmaceutical company Ocular Therapeutix (NASDAQ:OCUL) missed Wall Street’s revenue expectations in Q1 CY2026, with sales flat year on year at $10.79 million. Its GAAP loss of $0.40 per share was 20.5% below analysts’ consensus estimates.
MSA Safety ( MSA ) has agreed to acquire Autronica Fire and Security for around $555M. The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions and regulatory approvals, and will be funded through a combination of cash on hand and borrowings under MSA's existing credit facility. Founded in 1957 and based in Trondheim, Norway, Autronica designs, man...
MSA Safety ( MSA ) has agreed to acquire Autronica Fire and Security for around $555M. The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions and regulatory approvals, and will be funded through a combination of cash on hand and borrowings under MSA's existing credit facility. Founded in 1957 and based in Trondheim, Norway, Autronica designs, manufactures, and supplies fire detection, gas detection, and alarm systems. It employs around 500 people globally. The deal expands MSA's global fire and gas detection capabilities, strengthening its position as a total solution provider in critical infrastructure and high-hazard applications. It is also expected to be accretive to growth and margins, with synergies. Autronica is a capital-efficient business that generates significant free cash flow and is expected to be accretive to adjusted EPS in the first full year of ownership. In 2025, the company recorded ~$160M in sales with an adjusted EBITDA margin of ~20%. More on MSA Safety MSA Safety: Q1 2026 Earnings And A Dividend Increase Likely Coming MSA Safety Incorporated (MSA) Q4 2025 Earnings Call Transcript MSA Safety Incorporated 2025 Q4 - Results - Earnings Call Presentation MSA Safety Non-GAAP EPS of $1.99 beats by $0.16, revenue of $464M beats by $12.7M MSA Safety Q1 2026 Earnings Preview
AGCO press release ( AGCO ): Q1 Non-GAAP EPS of $0.94 beats by $0.50 . Revenue of $2.34B (+14.1% Y/Y) beats by $60M . The company plans to initiate $350 million in share repurchases in the second quarter of 2026. The company's Board of Directors approved an increase in the Company's regular quarterly dividend to $0.30 per share, from $0.29 per share. Outlook AGCO's net sales for 2026 are expected ...
AGCO press release ( AGCO ): Q1 Non-GAAP EPS of $0.94 beats by $0.50 . Revenue of $2.34B (+14.1% Y/Y) beats by $60M . The company plans to initiate $350 million in share repurchases in the second quarter of 2026. The company's Board of Directors approved an increase in the Company's regular quarterly dividend to $0.30 per share, from $0.29 per share. Outlook AGCO's net sales for 2026 are expected to range from $10.5 to $10.7 billion vs. $10.54B consensus (prior $10.4 to $10.7 billion) . Adjusted operating margins are projected to range from 7.5% - 8.0% reflecting continued emphasis on pricing discipline, cost management and operational alignment. Production volumes are expected to remain relatively flat to slightly lower, with cost controls and positive pricing contributing to performance. Based on these assumptions, 2026 earnings per share are targeted at approximately $6.00 vs. $5.82 consensus (prior $5.50 to $6.00). More on AGCO AGCO Corporation: Strong Execution Isn't Enough For A Bull Case Yet (Rating Upgrade) AGCO Corporation (AGCO) Presents at Bank of America Global Industrials Conference 2026 Transcript AGCO Corporation (AGCO) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript AGCO Q1 2026 Earnings Preview Tariff shock ripples through industrials as BRP pulls outlook
Adam Smigielski/E+ via Getty Images BellRing Brands ( BRBR ) reported sales were up 1.8% year over year to $598.7M. The increase was driven by a 10.8% increase in volume and a 9.0% decrease in price/mix. Adjusted gross profit was 22.7% of sales vs. 34.5% of sales in the prior year period. The profit decline was due to significant input cost inflation (inclusive of tariffs), unfavorable price/mix, ...
Adam Smigielski/E+ via Getty Images BellRing Brands ( BRBR ) reported sales were up 1.8% year over year to $598.7M. The increase was driven by a 10.8% increase in volume and a 9.0% decrease in price/mix. Adjusted gross profit was 22.7% of sales vs. 34.5% of sales in the prior year period. The profit decline was due to significant input cost inflation (inclusive of tariffs), unfavorable price/mix, and higher freight. Operating profit was $66.0M vs. $95.1M a year ago. Adjusted EBITDA was $53.8M vs. $118.6M a year ago. CEO Darcy Davenport said the company was disappointed in the second-quarter results. Davenport pointed to heightened consumer price sensitivity together with a sustained promotional environment that adversely impacted the sales mix. "This unfavorable mix, along with higher freight costs and an inventory-related charge, significantly pressured our margins," noted Davenport. "Looking ahead, we’re making the deliberate choice to continue investing to support our long-term growth. Our revised guidance incorporates promotional and consumer headwinds through the balance of the year, along with incremental inflation on protein and freight, while investing in advertising. While the current environment remains challenging, our category remains healthy, and we are taking action to improve our long-term financial performance," she added. Looking ahead, BellRing Brands ( BRBR ) expects FY26 net sales growth of 0% to 2% and adjusted EBITDA of $315M to $335M (midpoint $325M) vs. a prior expectation of $425M to $440M. Shares of BellRing Brands ( BRBR ) were down 30.9% in premarket trading to a new all-time low of $12.00. More on BellRing Brands BellRing Brands Now Has Rising Costs And More Competition BellRing Brands: Murky And Uncertain Earnings Path Ahead BellRing Brands, Inc. 2026 Q1 - Results - Earnings Call Presentation BellRing Brands Non-GAAP EPS of $0.14 misses by $0.17, revenue of $598.7M misses by $10.09M BellRing Brands Q2 2026 Earnings Preview
Telesat press release ( TSAT ): Q1 GAAP EPS of -C$3.04. Revenue of C$87.06M (-25.4% Y/Y). As of March 31, 2026, backlog GEO segment totaled approximately C$800 million and LEO backlog totaled approximately C$1.1 billion. GEO satellite utilization was 55% at March 31, 2026. More on Telesat Why Now Is Early And Risky To Invest In Telesat's Lightspeed Project Telesat Corporation (TSAT) Q4 2025 Earnin...
Telesat press release ( TSAT ): Q1 GAAP EPS of -C$3.04. Revenue of C$87.06M (-25.4% Y/Y). As of March 31, 2026, backlog GEO segment totaled approximately C$800 million and LEO backlog totaled approximately C$1.1 billion. GEO satellite utilization was 55% at March 31, 2026. More on Telesat Why Now Is Early And Risky To Invest In Telesat's Lightspeed Project Telesat Corporation (TSAT) Q4 2025 Earnings Call Transcript Most and least shorted communications services stocks with up to $2B market cap as of end-March Most and least shorted communications services stocks with up to $2B market cap as of end-Feb Historical earnings data for Telesat
(RTTNews) - Immunotherapy company Biopharmaceutical New Technologies or BioNTech SE (BNTX) reported Tuesday a net loss of 531.9 million euros or 2.10 euros per share for the first quarter, wider than 415.8 million euros or 1.73 euros per share in the prior-year quarter.
(RTTNews) - Immunotherapy company Biopharmaceutical New Technologies or BioNTech SE (BNTX) reported Tuesday a net loss of 531.9 million euros or 2.10 euros per share for the first quarter, wider than 415.8 million euros or 1.73 euros per share in the prior-year quarter.
Viatris ( VTRS ) declares $0.12/share quarterly dividend , in line with previous. Forward yield 3.16% Payable June 17; for shareholders of record May 22; ex-div May 22. See VTRS Dividend Scorecard, Yield Chart, & Dividend Growth. More on Viatris Viatris Inc. (VTRS) Discusses Long-Term Growth Outlook and Portfolio Strategy Across Generics, Established Brands and Innovative Medicines Transcript Viat...
Viatris ( VTRS ) declares $0.12/share quarterly dividend , in line with previous. Forward yield 3.16% Payable June 17; for shareholders of record May 22; ex-div May 22. See VTRS Dividend Scorecard, Yield Chart, & Dividend Growth. More on Viatris Viatris Inc. (VTRS) Discusses Long-Term Growth Outlook and Portfolio Strategy Across Generics, Established Brands and Innovative Medicines Transcript Viatris Inc. (VTRS) Discusses Long-Term Growth Outlook and Portfolio Strategy Across Generics, Established Brands and Innovative Medicines - Slideshow Viatris: Is It A Credible Turnaround Or Overly Optimistic 2030 Plan? Viatris CFO to depart; interim CFO named Insider trades: CrowdStrike, Palo Alto, Lululemon among notable names
Scorpio Tankers ( STNG ) declares $0.45/share quarterly dividend , in line with previous. Forward yield 2.16% Payable June 15; for shareholders of record May 29; ex-div May 29. See STNG Dividend Scorecard, Yield Chart, & Dividend Growth. More on Scorpio Tankers Scorpio Tankers - Looking Closer At 2026E Oil Transportation Scorpio Tankers Inc. (STNG) Q4 2025 Earnings Call Transcript Scorpio Tankers ...
Scorpio Tankers ( STNG ) declares $0.45/share quarterly dividend , in line with previous. Forward yield 2.16% Payable June 15; for shareholders of record May 29; ex-div May 29. See STNG Dividend Scorecard, Yield Chart, & Dividend Growth. More on Scorpio Tankers Scorpio Tankers - Looking Closer At 2026E Oil Transportation Scorpio Tankers Inc. (STNG) Q4 2025 Earnings Call Transcript Scorpio Tankers Inc. 2025 Q4 - Results - Earnings Call Presentation Scorpio Tankers Q1 2026 Earnings Preview Scorpio Tankers leads seven ocean transportation stocks with new Buy ratings at Jefferies
In the last week, the United States market has stayed flat, yet over the past 12 months, it has experienced a notable rise of 28%, with earnings forecasted to grow by 16% annually. In this environment, companies that not only demonstrate strong growth potential but also have significant insider ownership can be particularly appealing to investors seeking alignment between management and shareholde...
In the last week, the United States market has stayed flat, yet over the past 12 months, it has experienced a notable rise of 28%, with earnings forecasted to grow by 16% annually. In this environment, companies that not only demonstrate strong growth potential but also have significant insider ownership can be particularly appealing to investors seeking alignment between management and shareholder interests.
Getty Images Generally speaking, I do not really care for furniture companies and enterprises similar to those. This is because this is a highly competitive market with low margins. You also have to deal with potential weakness caused by weakening economic conditions. But every so often, I will find a prospect in this space that just makes sense to me. And in February of last year, I did just that...
Getty Images Generally speaking, I do not really care for furniture companies and enterprises similar to those. This is because this is a highly competitive market with low margins. You also have to deal with potential weakness caused by weakening economic conditions. But every so often, I will find a prospect in this space that just makes sense to me. And in February of last year, I did just that when it came to Arhaus ( ARHS ). Prior to that point, I had been neutral on the business, calling it a 'hold' candidate. But because of improved fundamentals, I argued that upgrading it to a soft 'buy' made sense. Since then, however, we have seen some weakness, with shares falling 19.3% while the S&P 500 is up 5.4%. Even though revenue continues to expand, bottom-line performance did show contraction in the most recent quarter. But this year, management expects that picture to change. In addition to anticipating revenue growth, the company believes that profitability will rise as well. And when you consider the strong balance sheet that the company has and how cheap it is on both an absolute basis and relative to other similar firms, it just makes sense to take a more bullish stance on it at this time. This does not mean that my opinion on the matter cannot or will not change as new data becomes available. It just so happens that, on May 7th, management will be announcing financial results for the first quarter of the company's 2026 fiscal year . As we approach that date, analysts believe that revenue will increase. But they are currently forecasting a modest decline in profitability. This could very well come to pass. But so long as management does not deviate materially from their guidance for 2026, I believe that maintaining it as a 'buy' makes sense here. I'm still comfortable with Arhaus From an operational standpoint, Arhaus is a rather simple company. Management describes it as a premium home furnishings brand that employs a vertically integrated model whereby it n...
Compass Therapeutics press release ( CMPX ): Q1 GAAP EPS of -$0.10 in-line. As of March 31, 2026, cash and marketable securities were $195 million as compared to $209 million as of December 31, 2025, a decrease of $14 million, with an anticipated cash runway into 2028. During the first quarter of 2026, $18 million of net cash was used in operating activities, and this was partially offset by proce...
Compass Therapeutics press release ( CMPX ): Q1 GAAP EPS of -$0.10 in-line. As of March 31, 2026, cash and marketable securities were $195 million as compared to $209 million as of December 31, 2025, a decrease of $14 million, with an anticipated cash runway into 2028. During the first quarter of 2026, $18 million of net cash was used in operating activities, and this was partially offset by proceeds from exercise of common stock of $4 million. More on Compass Therapeutics Compass Therapeutics, Inc. (CMPX) Discusses Positive Secondary Endpoint Results From COMPANION-002 Study in Advanced Biliary Tract Cancer Transcript Compass Therapeutics: Potential Here, But Patience Required Compass Therapeutics plunges on tovecimig missing overall survival endpoint Compass Therapeutics GAAP EPS of -$0.09 Seeking Alpha’s Quant Rating on Compass Therapeutics
Surgery Partners press release ( SGRY ): Q1 GAAP EPS of -$0.28 in-line. Revenue of $810.9M (+4.5% Y/Y) beats by $12.97M . Same-facility revenues increased 4.4% for the first quarter Same-facility cases increased 0.6% for the first quarter Net loss attributable to Surgery Partners, Inc. was $35.9 million for the first quarter Adjusted EBITDA was $102.3 million for the first quarter 2026 Guidance Fu...
Surgery Partners press release ( SGRY ): Q1 GAAP EPS of -$0.28 in-line. Revenue of $810.9M (+4.5% Y/Y) beats by $12.97M . Same-facility revenues increased 4.4% for the first quarter Same-facility cases increased 0.6% for the first quarter Net loss attributable to Surgery Partners, Inc. was $35.9 million for the first quarter Adjusted EBITDA was $102.3 million for the first quarter 2026 Guidance Full year 2026 revenue guidance reaffirmed to be in the range of $3.35 billion to $3.45 billion and Adjusted EBITDA of at least $530 million More on Surgery Partners Surgery Partners, Inc. (SGRY) Presents at Barclays 28th Annual Global Healthcare Conference Transcript Surgery Partners' Plunge Offers An Opportunity For Upside (Rating Upgrade) Surgery Partners, Inc. (SGRY) Q4 2025 Earnings Call Transcript Surgery Partners Q1 2026 Earnings Preview Activist Ortelius pushes for board changes, asset sales at Surgery Partners
Beyond the Horizon/E+ via Getty Images Co-authored with Hidden Opportunities If you’ve ever prepared for trips, you understand the importance of proper planning. You can’t just show up for a camping trip. It is important to pack your gear carefully. You need to plan for the terrain, the weather, the number of days you’ll be out, and what you’ll need to stay comfortable. And importantly, what you p...
Beyond the Horizon/E+ via Getty Images Co-authored with Hidden Opportunities If you’ve ever prepared for trips, you understand the importance of proper planning. You can’t just show up for a camping trip. It is important to pack your gear carefully. You need to plan for the terrain, the weather, the number of days you’ll be out, and what you’ll need to stay comfortable. And importantly, what you pack depends on the weather conditions. A winter trip demands something very different from a beach vacation. Similarly, before a long flight, you make sure you have your documents, keep a charged battery pack, headphones, and maybe a neck pillow. The planning becomes more comprehensive when you travel with little kids – strollers, entertainment, snacks, change of clothes, etc. If you forget something essential, the experience quickly turns stressful. You bring what you need to make your journey more comfortable. Most importantly, you prepare not just for the destination but for a comfortable experience along the way. Retirement is no different. It’s not just about reaching some destination but ensuring the journey is sustainable, enjoyable, comfortable, and aligned with your needs. After all, it is a 30-40 year journey (or longer), and it requires thorough preparation. You need to choose the right gear based on both your personal (and family) lifestyle requirements and the economic environment you are retiring in. Today, that environment is presenting a compelling opportunity. Certain income-producing assets, particularly BDCs (business development companies) and preferred securities, are trading at attractive valuations. In other words, the gear you need for retirement is available at a discount. Both sectors are time-tested to deliver consistent income for shareholders through crises. If I were retiring today, I would focus on building a reliable income stream from assets that are both proven and, importantly, currently mispriced. Let’s take a closer look at two such inco...
JHVEPhoto/iStock Editorial via Getty Images Fiserv ( FISV ) stock was trading lower as the payment company's first-quarter revenue fell short of expectations. Both the Merchant Solutions and Financial Solutions segments failed to impress investors with financial results. The first quarter of 2026 marks the second consecutive quarter of disappointing earnings since the company's reset announced in ...
JHVEPhoto/iStock Editorial via Getty Images Fiserv ( FISV ) stock was trading lower as the payment company's first-quarter revenue fell short of expectations. Both the Merchant Solutions and Financial Solutions segments failed to impress investors with financial results. The first quarter of 2026 marks the second consecutive quarter of disappointing earnings since the company's reset announced in October , when it shook up its leadership, slashed its 2025 guidance, and started a new action plan. Shares were 6.43% down at $58.77 during pre-market trading on Tuesday after the Milwaukee, Wisconsin-based company released its earnings statement. Adjusted earnings per share came in at $1.79 during the quarter, down 16% year-over-year and above the Visible Alpha consensus of $1.59. Revenue stood at $5.03B, a decrease of 2% compared to the first quarter of 2025 and below the consensus of $5.08B. Segment-wise, the Merchant Solutions unit delivered a flat revenue year-over-year of $2.37B, below the consensus of $2.43B. Financial Solutions saw its revenue fall to $2.30B from $2.42B a year ago, in line with the consensus of $2.30B. Expenses stood at $4.11B, up from $3.74B a year ago and above the average analyst estimate of $4.05B. For the full year 2026, Fiserv continues to expect adjusted earnings per share of $8.00 to $8.30, above the $8.11 consensus at the midpoint. Earnings call is scheduled for 7 AM CT today. More on Fiserv Fiserv: New Management, New Markets, New Hope Fiserv: Deeply Undervalued, But Don't Expect A Sharp Rebound Fiserv, Inc. (FISV) Presents at Wells Fargo Payments/Fintech Symposium 2026 Transcript Fiserv Q1 2026 Earnings Preview CPI Card, Fiserv form an alliance to modernize payment card issuance