fcafotodigital/iStock via Getty Images It has already been nine months since my previous coverage of B&G Foods, Inc. ( BGS ). The stock price remained resilient and even increased to its one-year high of $5.87, which justified my Buy rating before. However, the dividend cut yesterday reflected the mounting pressures on its debt and liquidity. Despite this, its valuation shows that even the dividen...
fcafotodigital/iStock via Getty Images It has already been nine months since my previous coverage of B&G Foods, Inc. ( BGS ). The stock price remained resilient and even increased to its one-year high of $5.87, which justified my Buy rating before. However, the dividend cut yesterday reflected the mounting pressures on its debt and liquidity. Despite this, its valuation shows that even the dividend cut has already been priced in as it remains fairly valued with decent yields. Technicals show new selling pressures and bearish tendencies, but also present some buying opportunities. BGS Q1 2026: Contraction Continues, But Resilience Remains In the months that followed my previous coverage, B&G Foods, Inc. continued to contract its operating capacity as market dynamics remained soft. This also showed that it was still having a hard time bouncing back from its Green Giant acquisition misstep, which raised its debt load and expenses. And after selling Green Giants segments from 2023 to early 2026, we saw how its volumes contracted as well. Until now, we haven't seen this pay off. And I think BGS will remain in this scenario for the whole year as macroeconomic volatility intensifies. In Q1 2026, net sales amounted to $408.9M , down by 3.9% YoY from $425.4M. This reflected the continued volume and capacity reduction of BGS to stabilize its operations and normalize liquidity again. Aside from that, BGS sold the frozen vegetable product line of Green Giant to Seneca Foods Corporation ( SENEA ) during the quarter. If you look at its sales per product, Frozen & Vegetables segment dropped by $22M or 24%. Segments (BGS Q1 ) On a lighter note, its continued contraction remained helpful. The adjusted operating expenses decreased by 4.0%, which offset the sales decreased. This showed that BGS was able to enhance its efficiency a bit. As a result, its adjusted EBITDA margin improved to 19.6% versus 19.5% YoY. If you look at its actual income statement, its profitability really improv...
Morgan Stanley is turning more positive on US stocks in a bet that blockbuster earnings and a strong economy will keep the bull market running full steam ahead. The bank expects the S&P 500 to reach 8,300 in the next 12 months, implying a 12% rally from current levels. The team led by Mike Wilson also raised their year-end forecast to 8,000 from 7,800. A surprisingly strong earnings season has cau...
Morgan Stanley is turning more positive on US stocks in a bet that blockbuster earnings and a strong economy will keep the bull market running full steam ahead. The bank expects the S&P 500 to reach 8,300 in the next 12 months, implying a 12% rally from current levels. The team led by Mike Wilson also raised their year-end forecast to 8,000 from 7,800. A surprisingly strong earnings season has caught many market forecasters by surprise, prompting them to upgrade equity outlooks. First-quarter profits at S&P 500 companies have surged 27% so far, more than double the roughly 12% analysts had penciled in. “Resiliency in earnings data despite geopolitical risk, private credit concerns and AI disruption is supportive of our view,” he said. Read More: Earnings Bonanza That Trounced Forecasts Fuels Record Stocks Run Wilson stayed bullish throughout the selloff triggered by the Iran war and was upbeat about the earnings outlook in particular. His view has proven correct as markets rallied back to all-time highs. The strategist also expects a broadening of the earnings growth and market leadership this year, even though the bulk of first-quarter growth came from a narrow group of big tech firms. He favors industrials, financials and consumer discretionary stocks. Hyperscalers are still trading at undemanding valuations, he added. Meanwhile, the outlook is less rosy for European equities, according to his peer Marina Zavolock . The region’s stocks are “stuck in the swinging pendulum of Strait of Hormuz disruption uncertainty,” the strategist said. She expects companies to pass on rising costs, which could pose a risk to demand. “We stick to our call for choppy, sideways headline European equities trading,” Zavolock said.
LewisTsePuiLung BYD Company ( BYDDF ) ( BYDDY ) confirmed on Wednesday that it is negotiating with Stellantis ( STLA ) and other European automakers about deals to take over underutilized factories in the region, Executive Vice President Stella Li noted at an auto conference in London that BYD ( BYDDF ) ( BYDDY ) is looking for any available plant in Europe because it wants to utilize spare capaci...
LewisTsePuiLung BYD Company ( BYDDF ) ( BYDDY ) confirmed on Wednesday that it is negotiating with Stellantis ( STLA ) and other European automakers about deals to take over underutilized factories in the region, Executive Vice President Stella Li noted at an auto conference in London that BYD ( BYDDF ) ( BYDDY ) is looking for any available plant in Europe because it wants to utilize spare capacity. Notably, BYD ( BYDDF ) ( BYDDY ) would prefer to operate the plants on its own instead of through joint ventures because it is easier, noted Li. BYD ( BYDDF ) ( BYDDY ) has been aggressively expanding abroad, with sales soaring in Europe. Meanwhile, Stellantis ( STLA ) has been open to partnering with Chinese automakers, including a tie-up with Leapmotor. In 2025, BYD ( BYDDF ) ( BYDDY ) ranked fifth globally in total vehicle sales behind only Toyota ( TM ), Volkswagen Group ( VLKAF ), Hyundai-Kia (HYMTF), and Stellantis ( STLA ). More on BYD Toyota Vs. BYD Represents A Classic Value Vs. Growth Dilemma For Investors BYD: Looking Forward To 2H26 Comebacks Amid New Models And Iterations BYD Tech Advances, Interest In Racing Are Clues To Further International Expansion A Trump-Xi deal could create a small door into the U.S. for Chinese EV makers China's BYD sales fall extends to 8th month as Q1 profit drops 55%: Will EV demand improve?
A masterclass in smoking duck breasts the Sichuan way, but with used teabags When I worked at River Cottage HQ , we used to smoke duck, rabbit and fish in a smoker made out of an old bread bin. It always felt like an exciting and alchemical way to cook, yielding incredible results, and it’s so simple, not least because food has been smoked since we first learned to cook over fire. Today’s recipe i...
A masterclass in smoking duck breasts the Sichuan way, but with used teabags When I worked at River Cottage HQ , we used to smoke duck, rabbit and fish in a smoker made out of an old bread bin. It always felt like an exciting and alchemical way to cook, yielding incredible results, and it’s so simple, not least because food has been smoked since we first learned to cook over fire. Today’s recipe is my simple take on Chinese zhangcha duck , River Cottage-style and with a zero-waste twist by using spent teabags as the perfect fuel. Continue reading...
Experts say latest move by acting attorney general suggests more cases against foes amid claims of vindictive DoJ The second indictment of ex-FBI director James Comey, a top target of Donald Trump in his drive for revenge against critics, suggests more charges could be coming against other Trump foes as the US president continues to use the department of justice to settle political scores, ex-pros...
Experts say latest move by acting attorney general suggests more cases against foes amid claims of vindictive DoJ The second indictment of ex-FBI director James Comey, a top target of Donald Trump in his drive for revenge against critics, suggests more charges could be coming against other Trump foes as the US president continues to use the department of justice to settle political scores, ex-prosecutors and law professors said. Legal critics also see the new indictment by acting attorney general, Todd Blanche, as “embarrassing” and “ridiculous” and revealing Blanche’s desire to quickly appease Trump and persuade him to make his appointment as America’s top justice official permanent. Continue reading...
The explosive growth of artificial intelligence (AI) infrastructure has hit a critical constraint—memory chips—driving a newly launched ETF to staggering gains and pushing top semiconductor stocks to record heights. The AI Memory Squeeze Since its April 6th debut, the Roundhill Memory ETF (BATS:DRAM) has surged 90%, rapidly accumulating over $6.25 billion in assets. The fund’s meteoric rise unders...
The explosive growth of artificial intelligence (AI) infrastructure has hit a critical constraint—memory chips—driving a newly launched ETF to staggering gains and pushing top semiconductor stocks to record heights. The AI Memory Squeeze Since its April 6th debut, the Roundhill Memory ETF (BATS:DRAM) has surged 90%, rapidly accumulating over $6.25 billion in assets. The fund’s meteoric rise underscores a stark reality in the tech sector: the global supply of high-bandwidth memory (HBM) cannot ke
Korea Electric Power press release ( KEP ): Q1 Operating revenue: KRW 24.4 tn, up 0.7% YoY Cost of sales and SG&A: KRW 20.6 tn, up 0.7% YoY Operating profit: KRW 3.8 tn, up KRW 30.6 bn YoY More on Korea Electric Power Korea Electric Power: The Turbine That Supplies The Global Market HBM Korea Electric Power Corporation (KEP) Q4 2025 Earnings Call Transcript Korea Electric Power Q1 2026 Earnings Pr...
Korea Electric Power press release ( KEP ): Q1 Operating revenue: KRW 24.4 tn, up 0.7% YoY Cost of sales and SG&A: KRW 20.6 tn, up 0.7% YoY Operating profit: KRW 3.8 tn, up KRW 30.6 bn YoY More on Korea Electric Power Korea Electric Power: The Turbine That Supplies The Global Market HBM Korea Electric Power Corporation (KEP) Q4 2025 Earnings Call Transcript Korea Electric Power Q1 2026 Earnings Preview Korea Electric Power cut at BofA on 'unfavorable leverage to global commodity hikes' Seeking Alpha’s Quant Rating on Korea Electric Power
Saudi Arabia reported to OPEC that its crude oil production collapsed further last month to the lowest since 1990, as the Iran war choked off exports from the Persian Gulf. The kingdom told the organization that output fell by another 651,000 barrels a day in April to 6.316 million a day, according to a monthly report from OPEC’s secretariat obtained by Bloomberg on Wednesday. It brings the loss s...
Saudi Arabia reported to OPEC that its crude oil production collapsed further last month to the lowest since 1990, as the Iran war choked off exports from the Persian Gulf. The kingdom told the organization that output fell by another 651,000 barrels a day in April to 6.316 million a day, according to a monthly report from OPEC’s secretariat obtained by Bloomberg on Wednesday. It brings the loss since February to 42%, and marks the lowest level since the start of the Gulf War 36 years ago, when OPEC nation Iraq invaded fellow member Kuwait. The current disruption comes as OPEC members are again embroiled in conflict, with the Iran war blocking shipments from the Persian Gulf and causing a record drop in output from nations such as Saudi Arabia, the United Arab Emirates and Iraq. Fuel prices have surged, heightening the risk of global recession. Riyadh told the Organization of the Petroleum Exporting Countries that its “supply to market” — which excludes movements into storage — was a little higher than production, at 6.879 million barrels a day. In addition to the figures communicated directly by OPEC members to the group’s secretariat in Vienna, the report also includes a set of estimates compiled from estimates by external consultants and media outlets, known as secondary sources. This data shows output from OPEC members plunged again in April, slumping by 1.727 million barrels a day to average 18.98 million a day, with the Saudis accounting for about half the decline. It puts the kingdom’s output slightly higher than its official submission, at 6.768 million barrels a day. UAE Exit The UAE said last month it planned to leave the group in May after roughly six decades of membership. Abu Dhabi announced its surprise exit following years of tension with group leader Saudi Arabia over OPEC’s output quotas, as well as discord over regional political issues. OPEC’s statutes state that the UAE will technically remain a member until Jan. 1. Read More: UAE Exit Blindsides...
The Dutch government has objected to a proposed US law that would further restrict semiconductor equipment giant ASML from selling to China and servicing customers in the country. The Dutch company, the global market leader in the lithographic technology used to laser-print tiny circuits onto microchips, has seen its access to the Chinese market severely hampered by US sanctions. Now, as US lawmak...
The Dutch government has objected to a proposed US law that would further restrict semiconductor equipment giant ASML from selling to China and servicing customers in the country. The Dutch company, the global market leader in the lithographic technology used to laser-print tiny circuits onto microchips, has seen its access to the Chinese market severely hampered by US sanctions. Now, as US lawmakers look to further choke the European outfit off from the Chinese market, The Hague has lodged an...
Istanbul-based startup Insider One bought Bluecore Inc to expand its US reach in artificial intelligence marketing ahead of a planned initial public offering. In an interview with Bloomberg, Insider One’s co-founder and Chief Executive Officer Hande Cilingir declined to specify the size of the deal but said it’s a mix of cash and equity. She added that the acquisition retains Bluecore’s unicorn st...
Istanbul-based startup Insider One bought Bluecore Inc to expand its US reach in artificial intelligence marketing ahead of a planned initial public offering. In an interview with Bloomberg, Insider One’s co-founder and Chief Executive Officer Hande Cilingir declined to specify the size of the deal but said it’s a mix of cash and equity. She added that the acquisition retains Bluecore’s unicorn status, meaning a valuation of more than $1 billion. The US startup first achieved the milestone during a 2021 funding round led by Canadian venture capital firm Georgian Partners Growth LP . The addition of Bluecore’s client base helps Insider One with its plans for a US IPO, currently targeted for the beginning of 2028, Cilingir said. Bluecore serves more than 400 brands, including Wayfair Inc , The Gap Inc and CVS Health Corporation , according to its website. Insider One uses AI to help brands personalize their marketing and engagement with customers. The deal underscores strong retailer demand for marketing tools that can boost the visibility of products on AI-generated content as well as on conventional search-engine results. The startup has more than 2,000 customers and a team of 1,500 employees, it said in a statement. It will take on 150 members of Bluecore’s staff, including co-founder Fayez Mohamood , and cut the firm’s 50 other employees as part of the consolidation, Cilingir said. The purchase is Insider One’s first since its latest funding round in 2024, when the company raised $500 million at an undisclosed valuation for potential acquisitions and research investments. The round was led by General Atlantic LP . Insider One previously bought MindBehind , a German e-commerce messaging platform, in 2023. Cilingir said the company is now in talks for multiple further deals, mainly in the US, to help it add new product features. “The next acquisition may come from an area where we don’t exist at the moment,” she said. The company announced in March that it was teami...
I'll get my expenses under control, I promise. TannySolt/iStock via Getty Images When you go house shopping, you have a list of desires and necessities for the homes that you are looking to buy. When I bought my current house, I was not looking for a new house whatsoever. To be honest with you, I quite enjoyed the house I was living in, even though it was starting to no longer meet all the needs o...
I'll get my expenses under control, I promise. TannySolt/iStock via Getty Images When you go house shopping, you have a list of desires and necessities for the homes that you are looking to buy. When I bought my current house, I was not looking for a new house whatsoever. To be honest with you, I quite enjoyed the house I was living in, even though it was starting to no longer meet all the needs of my growing family. We had purchased that house for a cool $80,000, and it was something that I was well aware I would never see again. I was able to pick up a good-quality home at an extremely fair price, yet it was starting to no longer meet the needs of my growing family. I needed to have a home that could handle the next 50 years of my life instead of only being able to meet the next two or three. The best time to buy a home is when you're not looking to buy a home. What I mean by that is it allows you the time to have the patience to look for the exact home you want in the price range that you're willing to pay and can afford. For the longest time, even though I live in Florida, I wanted a wood-burning fireplace. My wife, on the other hand, wanted a gas one. Incidentally, she was able to locate a home that had both a wood fireplace and a gas fireplace and met all the needs of our family. She walked up to me one day and said, "I want to go look at this house," and next thing you know, we were buying it. This reminds me so much of how it is to be an investor in the market. You must be willing to screen through hundreds of companies, or even thousands of them, to find the ones that meet your requirements, your list of necessities for the companies you're willing to hold, and then filter through those to find the ones that meet your desires. At the end of the day, your investment goals will not be identical to somebody else's, and recognize that what might be attractive to them might not be attractive to you to meet your end goal. Part of what I look for is strong fundame...
Deutsche Bank AG and Banco Santander SA are among financial institutions participating in a milestone synthetic securitization designed to help the World Bank Group leverage its ability to provide loans to emerging-market borrowers. The World Bank’s private sector arm, International Finance Corporation , has agreed to insure the credit risk on a $500 million portfolio of trade finance tied predomi...
Deutsche Bank AG and Banco Santander SA are among financial institutions participating in a milestone synthetic securitization designed to help the World Bank Group leverage its ability to provide loans to emerging-market borrowers. The World Bank’s private sector arm, International Finance Corporation , has agreed to insure the credit risk on a $500 million portfolio of trade finance tied predominantly to low-income and conflict-affected countries, the lender said in a statement seen by Bloomberg. It’s the first such transaction of its kind conducted by the IFC. Investors include Newmarket Capital , a Philadelphia-based alternative asset manager specialized in structured credit, as well as insurers AXA XL , AXIS Capital and Liberty Specialty Markets . Aside from investing in the risk transfer, Deutsche Bank also helped arrange the transaction, the documents show. The World Bank’s decision to turn to private investors and complex financial instruments is a sign of the times, as governments increasingly weighed down by deficits struggle to expand such lending. The deal also coincides with a war-fueled spike in energy and food prices, which has proved particularly painful for emerging markets. Read More: Pension PGGM Is Lead Buyer of SRT Tied to Emerging Market Debt Makhtar Diop , managing director at the IFC, described the deal as “a bit of a market testing of the structures” available to it, in an interview. Completing the deal means “being able to accelerate the amount of money which is guaranteed for trade financing.” The need for additional World Bank financing is set to pick up as the Iran war drives up prices across key markets spanning energy, mining and agriculture. The IFC deal, a so called Trade Finance Synthetic Securitization, is part of a wider effort to implement a roadmap laid out by the G-20 group for multilateral lenders to find ways to increase funding for development goals in poorer countries. The risk transfer consists of a $340 million senior tra...
Company Executes IP License Agreement with BP United Inc.; Quantum Antenna Technology Company Executes IP License Agreement with BP United Inc.; Quantum Antenna Technology
Company Executes IP License Agreement with BP United Inc.; Quantum Antenna Technology Company Executes IP License Agreement with BP United Inc.; Quantum Antenna Technology
PHILADELPHIA, May 13, 2026 (GLOBE NEWSWIRE) -- Century Therapeutics, Inc. (‘Century’, NASDAQ: IPSC), a biotechnology company developing induced pluripotent stem cell (iPSC)-derived cell therapies for autoimmune diseases, including type 1 diabetes, and cancer, today reported financial results for the first quarter ended March 31, 2026, and recent business highlights.
PHILADELPHIA, May 13, 2026 (GLOBE NEWSWIRE) -- Century Therapeutics, Inc. (‘Century’, NASDAQ: IPSC), a biotechnology company developing induced pluripotent stem cell (iPSC)-derived cell therapies for autoimmune diseases, including type 1 diabetes, and cancer, today reported financial results for the first quarter ended March 31, 2026, and recent business highlights.
BROOKFIELD, Conn., May 13, 2026 (GLOBE NEWSWIRE) -- Photronics, Inc. (Nasdaq: PLAB), a worldwide leader in photomask technologies and solutions, is scheduled to announce financial results for the second quarter of fiscal 2026 on Thursday, May 28, 2026, before the market opens.
BROOKFIELD, Conn., May 13, 2026 (GLOBE NEWSWIRE) -- Photronics, Inc. (Nasdaq: PLAB), a worldwide leader in photomask technologies and solutions, is scheduled to announce financial results for the second quarter of fiscal 2026 on Thursday, May 28, 2026, before the market opens.
AUSTIN, Texas, May 13, 2026 (GLOBE NEWSWIRE) -- Swarmer, Inc (“Swarmer” or the “Company”) (Nasdaq: SWMR) , a drone autonomy software company which has supported more than 100,000 real-world combat missions in Ukraine since April 2024, today announced financial results for the quarter ended March 31, 2026 (“Q1 2026”), and discussed recent business developments.
AUSTIN, Texas, May 13, 2026 (GLOBE NEWSWIRE) -- Swarmer, Inc (“Swarmer” or the “Company”) (Nasdaq: SWMR) , a drone autonomy software company which has supported more than 100,000 real-world combat missions in Ukraine since April 2024, today announced financial results for the quarter ended March 31, 2026 (“Q1 2026”), and discussed recent business developments.
BALLERUP, Denmark, May 13, 2026 (GLOBE NEWSWIRE) -- LiqTech International, Inc. (Nasdaq: LIQT) ("LiqTech"), a clean technology company that manufactures and markets highly specialized filtration technologies, today announced its financial results for the first quarter of 2026.
BALLERUP, Denmark, May 13, 2026 (GLOBE NEWSWIRE) -- LiqTech International, Inc. (Nasdaq: LIQT) ("LiqTech"), a clean technology company that manufactures and markets highly specialized filtration technologies, today announced its financial results for the first quarter of 2026.