Franco-Nevada Corporation
This Reuters page for Franco-Nevada Corporation shows a single search result from 19 hours ago. The result is an article stating that the TSX extended its record-setting run, primarily driven by gold and financial stocks. This surge was attributed to positive U.S. inflation data, an optimistic travel outlook from Air Canada, and signs of a strengthening domestic economy in Canada.
FGI INDUSTRIES ANNOUNCES SECOND QUARTER 2026 RESULTS
FGI Industries Ltd. announced its second quarter 2026 results, reporting a 2.9% year-over-year revenue increase to $31.9 million and a 22.5% increase in gross profit to $10.7 million. The company achieved a GAAP net income attributable to shareholders of $1.3 million, or $0.65 per diluted share, a significant improvement from a net loss in the prior-year period. FGI reaffirmed its fiscal 2026 guidance and highlighted strategic investments in its Brands, Products, and Channels (BPC) strategy despite ongoing tariff and economic uncertainties.
Trimble (NASDAQ:TRMB) Given New $76.00 Price Target at JPMorgan Chase & Co.
JPMorgan Chase & Co. has raised its price target for Trimble (NASDAQ:TRMB) to $76.00 from $75.00, maintaining an "overweight" rating and suggesting a 37.21% upside. This adjustment follows Trimble's better-than-expected Q2 2026 results, with revenue up 11% year-over-year and EPS exceeding consensus estimates. Despite a non-cash goodwill impairment in its Transportation and Logistics segment, analysts hold a "Moderate Buy" consensus rating with an average target price of $81.67.
Welltower stock extends its 52-week surge as senior housing fundamentals stay strong
Welltower Inc. (US95040Q1040) stock continues its strong performance, driven by robust Q2 2026 revenue, resilient funds from operations (FFO), and a declared cash dividend. The company's shares closed at $230.27 on August 12, 2026, reflecting a significant 42.25% gain over the past 52 weeks, supported by increasing demand for senior housing and healthcare real estate. Welltower also agreed to sell a 319-property outpatient medical portfolio for $7.2 billion, indicating a strategic capital reallocation towards higher-conviction senior housing and operating platforms.
Coca-Cola plans $106M Louisiana expansion
Coca-Cola UNITED announced a $
Nucor to expand Vulcraft Indiana with $59M investment
Nucor Corp. is investing $59 million to expand its Vulcraft Indiana operations, adding steel grating product capabilities and creating 20 new jobs. This expansion is part of Nucor's strategy to grow its core business and strengthen downstream production. It marks Nucor's fourth significant investment in Indiana recently, building on previous expansions in Crawfordsville and Waterloo.
First BanCorp. (NYSE:FBP) Hits New 12-Month High - Still a Buy?
First BanCorp. (NYSE:FBP) reached a new 52-week high of $29.49, exceeding its average analyst price target of $29.38. The bank recently surpassed quarterly EPS expectations, reporting $0.62 against a $0.54 consensus, and declared a $0.20 per share quarterly dividend. Recent analyst actions include an "overweight" rating from Wells Fargo with a $33 target and a "strong buy" upgrade from Zacks.
UBS raises Packaging Corp. stock price target on containerboard hike
UBS has increased its price target for Packaging Corp. of America (NYSE:PKG) to $292 from $271, maintaining a Buy rating. This adjustment follows Packaging Corp.'s announcement of an unprecedented $140 per ton containerboard price increase effective September 1, and strong stock performance with a 26% year-to-date gain. While UBS partially accounted for this increase in its estimates, it noted that competitor increases are lower, suggesting a negotiated settlement around $80 per ton, despite the company's current pricing power due to industry capacity removal.
Proposed Texas Grid Projects Could Create 41,000 Jobs During Construction
A new economic impact study commissioned by CenterPoint Energy (NYSE:CNP) suggests that its planned 765kV transmission resiliency projects in Southeast Texas could generate over $18 billion annually in economic value, create approximately 41,000 construction jobs, and add $120 million in local property taxes each year. When combined with other Texas utility projects, the statewide economic impact could reach $30 billion annually, with 100,000 construction jobs. CenterPoint Energy is currently in the early planning stages, conducting community outreach and preparing to launch "10 Commitments for Texans" to guide landowner engagement for these crucial infrastructure improvements.
M&T Bank stock extends Q2 2026 earnings strength with steady gains
M&T Bank (US55261F1049) stock is performing steadily in August 2026 following strong Q2 2026 earnings, reporting $2.48 billion in revenue and $818 million in net income, resulting in a 32.09% profit margin. The bank offers a forward annual dividend of $6.00 per share, yielding 2.40%, and its stock has delivered a 26.05% total return over the past year, outperforming the S&P 500. Analysts maintain a neutral rating with a price target of $255, suggesting moderate upside potential driven by earnings and dividends rather than significant valuation expansion.
FedEx 777 in retro livery lands at Memphis airport renamed for Fred Smith
FedEx honored its founder, Fred Smith, on the first anniversary of his death by renaming the Memphis airport to Frederick W. Smith International Airport and unveiling a Boeing 777 freighter in the company's original 1973 livery. The event also marked the inaugural FedEx FWS Day of Service, celebrating Smith's contributions to Memphis and his philosophy of community service. FedEx continues to honor his legacy through a global day of service and by highlighting his role in transforming Memphis into a global logistics hub.
Earnings call transcript: FGI Industries posts profit beat in Q2 2026 as stock jumps 89%
FGI Industries reported a significant profit beat in Q2 2026, with adjusted earnings of $0.67 per share against an expected $0.08, despite revenue missing forecasts. The company's stock surged 88.79% on the news, driven by improved gross margins and a return to profitability, although full-year guidance remained unchanged due to a cautious market outlook. Management highlighted strong performance in sanitaryware and shower systems, and plans for a new distribution center in Houston to expand its wholesale reach.
Zacks Industry Outlook Highlights Kinder Morgan, Williams Companies and MPLX
The Zacks Oil and Gas - Production and Pipelines industry faces challenges due to conservative spending by upstream companies and a global shift towards renewables, despite midstream operations being less vulnerable to price fluctuations. The industry carries a gloomy outlook with a low Zacks Industry Rank, yet companies like Kinder Morgan, The Williams Companies, and MPLX are highlighted as well-positioned due to their stable, fee-based revenues and strategic assets. The article examines the industry's debt, renewable energy transition, and explorers' capital spending, concluding with an analysis of its performance against the S&P 500 and sector, along with current valuation metrics.
Ulta Beauty stock eases as investors weigh 2026 guidance and valuation
Ulta Beauty's stock is trading below its 2026 highs as investors assess its valuation against solid results and future guidance. Despite a year-to-date slide of 11.5%, analysts maintain a consensus price target implying a significant upside, driven by the company's strong retail strategy and omnichannel investments. The key challenge for Ulta Beauty is to justify its premium valuation through sustained growth and execution in the competitive beauty retail market.
Energy Recovery (ERII) Q2 2026 Earnings Call Transcript
Energy Recovery (ERII) reported a significant 57% year-over-year revenue decrease in Q2 2026, primarily due to project execution delays caused by geopolitical conflict in Iran. Despite these headwinds, the company maintains a strong long-term megaproject pipeline and is strategically investing in a new Saudi Arabia facility to improve margins and regional presence. Management also highlighted efforts to accelerate growth in the wastewater market by expanding its product portfolio and optimizing sales resources.
Devon Energy stock slips as price target is cut but valuation gap persists
Devon Energy stock experienced a slight dip despite a recent analyst price target reduction, which still indicates a significant upside from current trading levels. The company's latest earnings report reinforced an undervaluation thesis, showing strong quarterly profit ahead of expectations. Institutional investors are adjusting positions, and the stock trades below its 12-month high, suggesting potential for further appreciation given supportive operational and commodity conditions.
Tapestry Inc Stock (TPR) Opened Down by 14.60% on Aug 13: Facts Behind the Movement
Tapestry Inc (TPR) stock opened down by 14.60% despite beating fiscal fourth-quarter revenue and adjusted earnings estimates. This decline was primarily due to profit-taking after a significant rally, as the company's fiscal 2027 guidance only met market expectations and did not offer a stronger forward trajectory. Additionally, concerns about the lagging performance of Kate Spade, macroeconomic pressures, and an elevated valuation contributed to the negative sentiment among investors.
Pullman Chipotle Set To Open With More Businesses — Including Starbucks — On The Way
Chipotle Mexican Grill is opening in Pullman, marking the completion of the Pullman Gateway retail development and bringing new jobs to the community. Additionally, officials announced the upcoming Pullman Park Retail Center, which will add more dining options, including Starbucks and Slim & Husky’s Pizza Beeria, further contributing to the area's economic growth and revitalization efforts. These developments are part of a broader "renaissance" in the 9th Ward, building on previous investments like the Walmart Supercenter.
Freeport-McMoRan Executive Sells Shares
Ellie L. Mikes, Chief Accounting Officer at Freeport-McMoRan, sold 4,773 shares for $334,000, reducing her direct equity by 12% and leaving her with 36,000 restricted stock units. This sale, executed at a price higher than the previous day's close, occurred after a 73% stock increase over the past year, potentially signaling reduced executive confidence or concerns about market volatility. Analysts maintain generally positive outlooks for FCX, with price targets ranging from $73 to $82.
TJX Companies stock steadies ahead of August 19 earnings and fresh $0.48 dividend
TJX Companies (TJX) stock is trading steadily at $153.83 ahead of its Q2 fiscal 2027 earnings release on August 19, 2026, and a newly effective $0.48 quarterly dividend. Investors are keen to see how the off-price retailer's demand holds up as inflation cools, with consensus EPS at $1.19 and a market cap of $168.61 billion. The article highlights TJX's strong positioning in value-conscious retail, but notes that its premium valuation leaves little room for disappointment in the upcoming report.
Luxury Cruise Line Showcases Immersive Journeys
Oceania Cruises emphasizes longer, immersive voyages to over 600 destinations, focusing on cultural and culinary experiences. The company plans to launch a new ship, Oceania Aurelia™, in late 2027, designed for extended, adults-only journeys. This strategy aims to enhance the luxury travel experience by offering convenience, spacious accommodations, and personalized service, strengthening its market position.
Paychex stock holds steady as investors weigh dividend yield and analyst target hike
Paychex stock is trading around $120, attracting investors with a nearly 3.7% dividend yield, despite analysts generally expecting limited upside or even a slight downside from current levels. A recent analyst target hike to $120 from $105, maintaining a "hold" rating, suggests the stock is now considered fairly valued. The company's stable recurring revenue from its Paychex Flex platform supports its dividend and moderate growth outlook, appealing to income-focused investors.
Union Pacific stock holds gains as safety concerns and freight demand shape the outlook
Union Pacific (UNP) stock is trading near $294, reflecting investor confidence in strong freight demand despite recent local safety concerns regarding hazardous cargo transport. The company's Q2 2026 earnings showed robust revenue and net income growth, with freight revenue outpacing broad US GDP. While safety issues are noted, current market sentiment views them as manageable, with analysts expressing a stronger positive stance on the stock.
Tapestry forecasts weak annual sales amid Kate Spade struggles, shares tumble
Tapestry's shares fell significantly after the company forecast sluggish annual revenue growth, largely due to ongoing struggles with its Kate Spade brand and cautious consumer spending in North America. While its Coach brand showed strong performance, investors are concerned about Kate Spade's slow turnaround. The company's fourth-quarter profit exceeded expectations, but the weak sales outlook dampened investor enthusiasm.
New Forecasts: Here's What Analysts Think The Future Holds For ONEOK, Inc. (NYSE:OKE)
Analysts have substantially upgraded their revenue forecasts for ONEOK, Inc. (NYSE:OKE) for 2026, now expecting US$42 billion, a 6.8% increase from the last 12 months. Despite the bullish outlook on revenue, earnings per share forecasts remain largely unchanged at US$5.80, and the price target of US$96.38 has been reconfirmed. The company's projected revenue growth of 14% annually is expected to outpace the broader industry's 1.5% annual growth.
China Yuchai International (CYD) Could Be 31% Undervalued Following Strong Half Year Earnings
China Yuchai International (CYD) recently reported strong half-year 2026 results, with sales of CNY 14,666.43 million and net income of CNY 560.6 million. Despite these positive earnings, Simply Wall St's valuation narrative suggests the company is 31.2% undervalued, with a fair value of $68.24 compared to its current price of $46.93. The analysis also highlights potential risks related to the company's reliance on the Chinese domestic market and the challenges of transitioning to alternative powertrains.
Builders FirstSource stock slips after Q2 earnings miss and guidance cut
Builders FirstSource (BLDR) stock fell after missing Q2 2026 earnings expectations and cutting its full-year revenue guidance, primarily due to a weak housing market. The company reported an 8.8% year-over-year revenue decline and significantly compressed EPS, leading to a cautious outlook from management and analysts. Despite the financial headwinds, the company's balance sheet appears manageable, and analysts still see potential upside toward a target price of $90.35 if housing demand stabilizes.
Ex Williams-Sonoma exec pleads guilty to $16M warehouse kickback scheme
A former Williams-Sonoma executive, Eric Marsiglia, has pleaded guilty to three counts of fraud for accepting $16.3 million in kickbacks and stealing real estate brokerage commissions. Marsiglia, who served as VP of engineering, projects, planning, facilities and real estate, used a shell company to conceal the illicit payments from vendors supplying warehouse equipment and also diverted broker commissions for personal gain. He faces significant prison time and fines when sentenced on November 3.
Is TJX Companies Positioned for a Beat in Q2 Earnings Release?
TJX Companies is expected to report strong second-quarter fiscal 2027 earnings, with analysts predicting growth in both revenues and earnings per share. The company's value proposition, broad appeal, and effective marketing are cited as key drivers for anticipated success. Additionally, TJX has a positive Earnings ESP and a Zacks Rank #3, increasing the likelihood of an earnings beat, with other retailers like Target, Dollar General, and Ross Stores also showing favorable combinations for strong earnings.
Target & 3 Retail Stocks Poised for an Earnings Beat This Season
The article identifies Target (TGT), Costco (COST), Dollar General (DG), and Ross Stores (ROST) as retail stocks likely to beat earnings expectations this season, citing factors like resilient consumer spending, strategic investments, and strong business models. The broader Retail-Wholesale sector is projected to see significant revenue and earnings growth. The analysis emphasizes the importance of digital platforms, value propositions, and efficient operations in the current macroeconomic climate.
Freeport-McMoRan Chief Accounting Officer Sells $334,000 Worth of Stock
Ellie L. Mikes, Chief Accounting Officer at Freeport-McMoRan, sold 4,773 shares of the company's common stock for approximately $334,000 on August 5, 2026. This transaction reduced her direct equity position by 12%, though she still holds 36,000 restricted stock units. The sale followed a significant 73% appreciation in the company's stock over the preceding year.
Freeport-McMoRan Chief Accounting Officer Sells $334,000 Worth of Stock
Ellie L. Mikes, Chief Accounting Officer at Freeport-McMoRan Inc. (NYSE:FCX), sold 4,773 shares of common stock for $334,000 on August 5, 2026, reducing her direct equity position by 12%. The transaction occurred after the company's shares delivered a 73% return over the prior year. Despite the sale, Mikes retains 36,000 restricted stock units, and the article discusses Freeport-McMoRan's market performance, its role as a major copper producer, and its potential as an "ancillary artificial intelligence (AI) stock" due to increased copper demand.
Lamb Weston stock holds above the $53 mark as margin story shapes fiscal 2027 outlook.
Lamb Weston stock is trading above $53, with investors assessing its fiscal 2027 outlook, which projects flat North America EBITDA and stronger international growth. The company successfully absorbed $400 million in negative price-mix pressure in fiscal 2026, demonstrating margin resilience. Recent volume gains and strategic operational improvements are underpinning investor confidence and the stock's recovery.
Chipotle opening in Saudi Arabia
Chipotle Mexican Grill is set to open its first restaurant in Saudi Arabia later this month in Riyadh, in partnership with Alshaya Group. This expansion is part of Chipotle's international growth strategy, building on 16 previous openings in the Middle East since 2024 across the UAE and Kuwait. The company plans to open between 350 and 370 new restaurants in 2026, aiming for 7,000 locations in the U.S. and Canada.
National Vision Stock Down Despite Q2 Earnings & Revenue Beat
National Vision Holdings, Inc. reported stronger-than-expected Q2 2026 earnings and revenues, with adjusted earnings per share of 25 cents beating estimates by 47.1% and net revenues rising 2.5% year over year. Despite the beat and an expanded operating margin, the company's stock fell 7.9% following the announcement. National Vision also raised the lower end of its adjusted diluted earnings guidance for 2026, narrowing its comparable store sales growth outlook.
Nucor Indiana Expansion Expected to Add 20 Full-Time Jobs
Nucor (NYSE: NUE) is investing $59 million to expand its Vulcraft Indiana manufacturing facility, adding steel grating production capabilities and creating 20 new full-time jobs. This marks Nucor's fourth major investment in Indiana, bringing its total recent investment in the state to over $492.5 million and increasing its Indiana workforce to more than 2,600 employees. The expansion aims to strengthen Nucor's downstream production and better serve customers in the nonresidential construction sector.
What Makes Welltower (WELL) a Bullish Bet?
Baron Opportunity Fund added Welltower Inc. (NYSE:WELL), a healthcare REIT specializing in senior housing, to its portfolio in Q2 2026, viewing it as a strong long-term investment. The fund sees significant growth potential for Welltower, driven by demographic tailwinds, constrained supply in senior housing, and the company's proprietary operating platform and data analytics. While recognizing Welltower's potential, the article also notes that the fund believes certain AI stocks offer greater upside and less risk.
Why the World Is Still Investing in America
The article highlights a disconnect between American perceptions of their financial system and global views. While Americans often focus on volatility and decline, international governments, companies, and investors continue to seek greater access to the U.S. market, indicating strong confidence from abroad. The author, having traveled extensively, notes this contrast in perspectives.
Boeing Stock Rises After Argus Upgrade Highlights Production Ramp and Positive Cash Flow Outlook
Boeing (BA) stock increased after Argus upgraded it to Buy from Hold, setting a new price target of $265, citing progress in production and profitability. Regulatory approvals for increased manufacturing output and long-awaited flight certifications are clearing the path for faster plane deliveries. The company projects positive free cash flow for the full year, supported by higher production and a record order backlog across all segments.
DELL Stock On Track To Top $500 For First Time As AI Server Boom Gets Fresh Fuel From Lenovo, SMCI
Dell Technologies (DELL) shares are poised to exceed $500 for the first time, fueled by strong earnings from Lenovo and optimistic guidance from Super Micro Computer (SMCI), boosting confidence in the AI server market. Analysts foresee significant growth for Dell due to increasing AI demand, with Morningstar highlighting its attractive valuation and reduced business cyclicality. Both Dell and HPE are seeing "extremely bullish" retail sentiment on Stocktwits, reflecting strong year-to-date stock performance.
What Makes Welltower (WELL) a Bullish Bet?
Baron Capital's Baron Opportunity Fund highlighted Welltower Inc. (WELL) as a bullish bet in its Q2 2026 investor letter. The healthcare REIT, focusing on senior housing, was added to the fund's portfolio due to its proprietary operating platform, data analytics capabilities, and the strong demographic tailwinds supporting the demand for senior living. The fund anticipates Welltower's earnings to more than double over the next five years, making it an attractive long-term investment.
Is ENR a Buy as Low Valuation Clashes With Weak Growth and Margins?
Energizer Holdings (ENR) trades at a significant discount to its historical valuation, driven by weakening battery demand, softer earnings expectations, and margin pressures. While the company is gaining market share and deleveraging, its weak earnings trends and margin risks suggest investors should wait for clearer signs of stabilization before buying based solely on valuation. The stock currently holds a Zacks Rank #3 (Hold), indicating a balanced risk-reward profile.
Earnings call transcript: GDS lifts 2026 sales target as ai demand surges in Q2 2026
GDS Holdings reported a significant surge in AI infrastructure demand in Q2 2026, leading them to raise their full-year sales target to 1 gigawatt from 500 megawatts. The company saw record new bookings of 260 megawatts in Q2, bringing the first-half total to 470 megawatts, with an additional 600 megawatts in reservations. This strong performance, driven by China's tech giants and emerging AI leaders, has prompted increased capital spending plans and a revised upward guidance for revenue and adjusted EBITDA.
Columbia Threadneedle expands global bond offering
Columbia Threadneedle Investments has launched a new CT (Lux) Global Aggregate Bond fund, repositioning its Asian bond strategy to a global mandate. The fund, managed by Keith Patton, head of global rates,
Can SYF Turn Record Purchase Volume Into Stronger Earnings?
Synchrony Financial (SYF) recorded an all-time high purchase volume of $49.8 billion in Q2 2026, driven by growth across all platforms and increased co-branded card usage. This surge in spending, coupled with strategic partnerships, is expected to lead to higher loan receivables and stronger earnings in the second half of 2026, despite elevated payment rates. Peers like American Express (AXP) and Capital One (COF) also reported strong card spending, indicating a positive trend in the finance sector.
Following Q2 Earnings And CEO Change, Is ConocoPhillips (COP) Still Trading At A Discount?
ConocoPhillips (COP) reported stronger Q2 2026 results and announced a new CEO, Andy O’Brien, leading to significant recent share price gains. Despite these positive developments and strong market momentum, Simply Wall St's analysis suggests ConocoPhillips is still undervalued, with a fair value of $143.72 against its current price of $127.30, driven by its expanding LNG portfolio. However, the company faces risks related to project execution and exposure to oil and gas price volatility.
Cintas stock holds above $200 as analysts see limited upside
Cintas stock is trading just above $200, with analysts projecting a modest 4.32% upside from current levels to a 12-month target of $212.31. Despite strong double-digit earnings and high single-digit revenue growth forecasts, the stock's performance has been more muted, suggesting much of the expected improvement may already be priced in. Recent insider equity grants align leadership with shareholders, and the company's recurring-revenue business model provides stability.
Entergy Texas Helps Customers Beat the Heat Through Fan Donation Campaign
Entergy Texas has donated over 2,500 box fans to vulnerable customers in Southeast Texas through its annual "Beat the Heat" campaign, partnering with 38 community agencies. This initiative, which has provided over 33,500 fans since 2000, aims to help residents stay cool and safe during high temperatures. The company also offers bill assistance, energy efficiency programs, and flexible payment options as part of its broader commitment to customer well-being.
First Advantage (FA) Q2 2026 Earnings Call Transcript
First Advantage (FA) reported strong Q2 2026 results, exceeding expectations with 14.9% revenue growth and a 30% increase in adjusted diluted EPS, driven by large contract wins and improved base revenue performance. The company raised its full-year 2026 guidance across all key metrics, emphasizing its FA 5.0 strategy, AI integration, and progress on Sterling acquisition synergies, while prioritizing deleveraging and opportunistic share repurchases. Management noted a positive shift in the broader hiring market, with particular strength in high-volume blue-collar sectors, though they factored in macroeconomic uncertainties for the second half of the year.
Cellebrite DI Ltd. (CLBT) Q2 Earnings and Revenues Miss Estimates
Cellebrite DI Ltd. (CLBT) reported Q2 earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.12, and revenues of $131.14 million, which also fell short of expectations. The company's shares have declined by 15.4% year-to-date, contrasting with the S&P 500's gain, and currently hold a Zacks Rank #3 (Hold) reflecting a mixed outlook from estimate revisions.
