Flex LNG press release ( FLNG ): Q1 Non-GAAP EPS of $0.31 misses by $0.03 . Revenue of $80.5M (-8.9% Y/Y) beats by $1.39M . Average Time Charter Equivalent (“TCE”) rate of $65,729 per day for the first quarter 2026, compared to $70,119 per day for the fourth quarter 2025. Adjusted EBITDA of $53.2 million for the first quarter 2026, compared to $61.8 million for the fourth quarter 2025. The Company...
Flex LNG press release ( FLNG ): Q1 Non-GAAP EPS of $0.31 misses by $0.03 . Revenue of $80.5M (-8.9% Y/Y) beats by $1.39M . Average Time Charter Equivalent (“TCE”) rate of $65,729 per day for the first quarter 2026, compared to $70,119 per day for the fourth quarter 2025. Adjusted EBITDA of $53.2 million for the first quarter 2026, compared to $61.8 million for the fourth quarter 2025. The Company declared a dividend for the first quarter 2026 of $0.75 per share. The dividend is payable on or about June 11, 2026 to shareholders, on record as of May 29, 2026. Reflecting the stronger market environment and having covered 91% of the remaining days of 2026, we are increasing our full-year 2026 (FY2026) guidance . We now expect FY2026 revenues, excluding EUAs, in the range of $345–370 million vs. consensus of $335.70M , representing an increase of around 10% versus our February guidance. We further expect FY2026 fleet-wide TCE rate of $73–78,000 per day, an increase of approximately 8%, while adjusted EBITDA is now expected in the range of $255–280 million, up approximately 11% from our previous guidance range. More on Flex LNG FLEX LNG: Secures Contracts Amid Iran War, Dividend Will Be Maintained For Longer (Upgrade) FLEX LNG: Iran Conflict Boosts Rates, But Risks Are Rising Fast FLEX LNG Ltd. (FLNG) Presents at DNB Carnegie Energy & Shipping Conference - Slideshow Flex LNG Q1 2026 Earnings Preview At least 20 LNG carriers stuck in Persian Gulf as demand soars - WSJ
President Donald Trump is on a state visit to China this week, marking the first U.S. presidential trip to the country in nearly a decade. Trump is joined by a delegation of over a dozen U.S. executives including Elon Musk, Tim Cook, Larry Fink, with Nvidia CEO Jensen Huang as a last-minute addition. This caused
President Donald Trump is on a state visit to China this week, marking the first U.S. presidential trip to the country in nearly a decade. Trump is joined by a delegation of over a dozen U.S. executives including Elon Musk, Tim Cook, Larry Fink, with Nvidia CEO Jensen Huang as a last-minute addition. This caused
Guy Bradley has assumed the role of chairman of Hong Kong flag carrier Cathay Pacific Airways and Swire Coca-Cola, succeeding Patrick Healy, who will retire from the group after more than three decades of service. Bradley, 60, is also chairman of Swire Pacific, John Swire & Sons (H.K.) and Swire Properties. He was appointed chairman of the conglomerate’s airline and bottling operations last Decemb...
Guy Bradley has assumed the role of chairman of Hong Kong flag carrier Cathay Pacific Airways and Swire Coca-Cola, succeeding Patrick Healy, who will retire from the group after more than three decades of service. Bradley, 60, is also chairman of Swire Pacific, John Swire & Sons (H.K.) and Swire Properties. He was appointed chairman of the conglomerate’s airline and bottling operations last December. He previously said that, as chair of the Cathay Group, he would focus on enhancing the company’s...
Earnings Call Insights: Exodus Movement, Inc. (EXOD) Q1 2026 Management View CEO J. Richardson positioned the Monavate and Baanx close as a strategic pivot, saying it was “the largest transaction in Exodus' history and marks a major step for the next chapter of the company,” and that it “diversifies our revenue away from the crypto trading cycle” by adding “new recurring revenue like card processi...
Earnings Call Insights: Exodus Movement, Inc. (EXOD) Q1 2026 Management View CEO J. Richardson positioned the Monavate and Baanx close as a strategic pivot, saying it was “the largest transaction in Exodus' history and marks a major step for the next chapter of the company,” and that it “diversifies our revenue away from the crypto trading cycle” by adding “new recurring revenue like card processing, interchange and issuance and settlement.” CEO Richardson framed Q1’s performance as another example of crypto-cycle exposure, saying, “Q1 looked a lot like Q4. Digital asset prices fell and trading volume fell with them,” and described the company’s near-term priorities as “integrate Monavate and Baanx, scale Exodus Pay, expand payments-related revenue and continue building a more durable revenue model.” CEO Richardson highlighted product and distribution announcements, including, “One of the biggest milestones in Q1 was launching of Exodus Pay. We're now live in all 50 states plus Canada and parts of Europe,” and added, “we announced that we are becoming the official payments partner of the UFC.” CFO James Gernetzke emphasized the strategic intent of the deal, saying, “the addition of Monavate Baanx… advances the Exodus platform beyond its reliance on crypto asset prices to a full-stack finance services platform,” while noting the closing structure changed: “the final transaction is slightly different from what we announced in November.” Outlook CFO Gernetzke said the company had not updated guidance following the revised transaction structure: “we have not given any added guidance since the… discussion in November and the deal has changed,” and added, “we'll definitely be able to give you a lot more color here… especially once we get those pro formas out.” CFO Gernetzke tied a longer-range revenue mix expectation to Monavate, stating, “we expect about 40-ish-plus percent of our revenue to start coming through the Monavate platform in 2027.” CFO Gernetzke described nea...
U.K. Prime Minister Keir Starmer. Wpa Pool | Getty Images News | Getty Images This report is from this week's CNBC's UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Next month will mark a decade since Britain voted to leave the European Union but, as last week's local elections demonstrate , the vote continues to cast a long shadow. The results highlighted the exten...
U.K. Prime Minister Keir Starmer. Wpa Pool | Getty Images News | Getty Images This report is from this week's CNBC's UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Next month will mark a decade since Britain voted to leave the European Union but, as last week's local elections demonstrate , the vote continues to cast a long shadow. The results highlighted the extent to which the governing Labour Party's support has fractured along lines echoing the referendum. Labour's younger voters, chiefly in London and university cities, defected in many cases to the pro-EU Green Party. But even larger numbers of socially conservative white working-class voters in Wales, Scotland and northern England — the traditional bedrock of Labour's support — switched to Reform, the insurgent party founded by Nigel Farage, the renowned Brexit campaigner. Prime Minister Keir Starmer, as he battles to save his premiership, is promising to set a "new direction for Britain" at his summit with the EU in July. "The last government was defined by breaking our relationship with Europe," he said. "This Labour government will be defined by rebuilding our relationship with Europe by putting Britain at the heart of Europe so that we are stronger on the economy, stronger on trade, stronger on defense." That doesn't sound like the kind of pitch to entice a former Labour voter in Sunderland, St Helens or Barnsley — all former Labour-run councils that fell to Reform — back. The bigger question, for businesses and investors, is what Starmer meant by rebuilding the relationship. watch now VIDEO 5:39 05:39 Sadiq Khan: Britain should rejoin the EU Squawk Box Europe In his speech, he cited rejoining Erasmus, the EU program funding international placements in education and training, picturing "an ambitious youth experience scheme to be at the heart of our new arrangement with the EU … so that our young people can work and study and live in Europe". Notably, though, Starmer did no...
French unemployment unexpectedly rose to the highest level in five years, adding to signs the euro area’s second largest economy was already on a weak footing when the Iran war began. With joblessness increasing across all age categories, the rate reached 8.1%, data from national statistics agency Insee showed. Economists surveyed by Bloomberg had forecast a slight decline to 7.8% from 7.9% at the...
French unemployment unexpectedly rose to the highest level in five years, adding to signs the euro area’s second largest economy was already on a weak footing when the Iran war began. With joblessness increasing across all age categories, the rate reached 8.1%, data from national statistics agency Insee showed. Economists surveyed by Bloomberg had forecast a slight decline to 7.8% from 7.9% at the end of last year. The worsening jobs market comes despite the government navigating a budget crisis and avoiding another political collapse in February. Data at the end of April also showed the economy failed to expand in the first three months and a Bank of France business survey Tuesday indicated the Iran war has begun dragging on activity and fueling inflationary pressures. French Economy Unexpectedly Failed to Grow as Iran Shock Hit France’s Economy Is Succumbing to Iran War Shock, Survey Shows French Lawmakers to Vet Macron’s Central-Bank Pick in Two Weeks
13 May 2026 - Alstom, global leader in smart and sustainable mobility, reports financial results for the fiscal year FY 2025/26. Martin Sion, Chief Executive Officer of Alstom, said:
13 May 2026 - Alstom, global leader in smart and sustainable mobility, reports financial results for the fiscal year FY 2025/26. Martin Sion, Chief Executive Officer of Alstom, said:
13 mai 2026 - Alstom, leader mondial de la mobilité intelligente et durable, publie ses résultats financiers pour l’exercice 2025/26. Martin Sion, Directeur général d’Alstom, a déclaré :
13 mai 2026 - Alstom, leader mondial de la mobilité intelligente et durable, publie ses résultats financiers pour l’exercice 2025/26. Martin Sion, Directeur général d’Alstom, a déclaré :
Thanks to a big resurgence in tech stocks over the past month and a half, the S&P 500 (SNPINDEX: ^GSPC) has enjoyed a similar turnaround. On March 30, the index was down more than 7% on the year. As of May 11, it's up more than 8% year to date. The initial scare from the Iran war appears to have subsided, and underlying corporate fundamentals have meaningfully improved. While the recent surge in e...
Thanks to a big resurgence in tech stocks over the past month and a half, the S&P 500 (SNPINDEX: ^GSPC) has enjoyed a similar turnaround. On March 30, the index was down more than 7% on the year. As of May 11, it's up more than 8% year to date. The initial scare from the Iran war appears to have subsided, and underlying corporate fundamentals have meaningfully improved. While the recent surge in equity prices may be due for a breather, the backdrop for further record highs for the Vanguard S&P 500 ETF (NYSEMKT: VOO) remains quite positive. Image source: Getty Images. Continue reading
In response to a question from Guardian Australia’s economics editor, Patrick Commins, about whether fully abolishing negative gearing would have raised more revenue, and why the government didn’t take that approach, the treasurer, Jim Chalmers, says the reforms strike the right balance for Australia. ‘We’ve balanced respecting and recognising those former investments at the same time as we’re cha...
In response to a question from Guardian Australia’s economics editor, Patrick Commins, about whether fully abolishing negative gearing would have raised more revenue, and why the government didn’t take that approach, the treasurer, Jim Chalmers, says the reforms strike the right balance for Australia. ‘We’ve balanced respecting and recognising those former investments at the same time as we’re changing the system for the future, so that we continue to provide a discount in the CGT system, but calculated in a way that minimises some of these other distortions,’ he says What the budget means for your generation – gen Z, millennial, gen X or boomer Capital gains tax and negative gearing benefit the 1% and this chart shows it Continue reading...