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Business news, corporate updates, startups, mergers, layoffs, and economic developments.

Showing 235–252 of 275 stories

Business14h ago

Embraer (EMBJ) Raised Its Cash Flow Floor to $400M. How Much Is Repeatable?

Embraer (EMBJ) reported record second-quarter revenue and increased its 2026 adjusted EBIT margin outlook, doubling its free cash flow floor to $400 million. While the company shows genuine operating recovery across its core businesses, the article questions the repeatability of this performance, citing significant contributions from non-recurring tax benefits and tariff relief. Investors are advised to scrutinize future performance for sustainable underlying improvements beyond these temporary boosts.

YYahoo Finance
Business14h ago

H&R BLOCK INC FY 2026: Revenue $3.945B, Net income $733.6M, EPS $5.66— 10-K Summary

H&R Block Inc. reported strong financial results for fiscal year 2026, with revenue reaching $3.945 billion, net income at $733.6 million, and diluted EPS of $5.66. These increases were attributed to higher company-owned tax return volumes and an improved service mix. The company also highlighted growth in its Wave® subscription and payments, along with increased uptake of Tax Identity Shield.

TTradingView
Business14h ago

Chorus Ltd. (OTCMKTS:CHRYY) Short Interest Up ∞ in July

Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 15 shares, a growth of ∞ from the July 15th total of 0 shares. Approximately 0.0% of the shares of the stock are sold short. Based on [...]

AAmericanbankingnews
Business14h ago

Lithium Americas (NYSE:LAC) Price Target Lowered to $4.00 at BMO Capital Markets

Lithium Americas (NYSE:LAC – Free Report) had its price target trimmed by BMO Capital Markets from $4.50 to $4.00 in a research note published on Friday, MarketBeat.com reports. The firm currently has a market perform rating on the stock. LAC has been the topic of several other research reports. Scotia decreased their target price on [...]

TTicker Report
Business14h ago

Lamb Weston flags price risks from heat-impacted potato crop

Lamb Weston's CFO, James Gray, has indicated that ongoing heatwaves in Europe are negatively impacting potato crops, potentially leading to price increases for the French fries maker. While the company is currently covered for its European potato supply, shortages could intensify cost inflation, particularly with additional pressures from the Middle East conflict. Gray noted a tightening of the crop and expected lower yields, which may necessitate future price adjustments to cover rising input costs.

YYahoo Finance
Business14h ago

Bank of America Corp DE Has $35.24 Million Position in CLEAR Secure, Inc. $YOU

Bank of America Corp DE trimmed its position in CLEAR Secure, Inc. (NYSE:YOU – Free Report) by 15.9% during the first quarter, Holdings Channel reports. The institutional investor owned 728,052 shares of the company’s stock after selling 137,309 shares during the quarter. Bank of America Corp DE’s holdings in CLEAR Secure were worth $35,245,000 at [...]

AAmericanbankingnews
Business14h ago

Stellantis weighs selling idled plant in Brampton, Ont., union says

Stellantis is considering selling its Brampton, Ontario assembly plant, a move that would impact approximately 3,000 auto workers, according to Unifor. The union states this breaks a 2023 commitment from Stellantis to maintain employment in Brampton. The potential sale comes after the plant was idled and production was moved to Illinois, despite Stellantis having received a significant grant from the Canadian federal government contingent on maintaining production at its Canadian facilities.

TThe Globe and Mail
Business15 Aug

Berkshire pads Delta, Alphabet stakes as Abel taps cash pile

Berkshire Hathaway, under CEO Greg Abel, increased its holdings in Delta Air Lines and Alphabet, making the latter its third-biggest holding. The company also repurchased its own stock and made significant new investments, including acquiring homebuilder Taylor Morrison Home Corp. and a $10 billion investment in Alphabet for AI initiatives, demonstrating a shift in investment strategy from previous years.

FFortune
Business14h ago

5 Must-Read Analyst Questions From StepStone Group’s Q2 Earnings Call

StepStone Group’s second quarter results were met with a negative market reaction, as both revenue and adjusted earnings per share came in below Wall Street expectations. Management attributed the quarter’s performance to continued strength in fee-related earnings, driven by robust fundraising across both commingled and managed accounts, as well as the rapid growth of its Private Wealth platform. CEO Scott Hart described the company’s client retention as “enviable” and highlighted expansion in P

YYahoo! News
Business14h ago

ScotRail services cancelled as busy Glasgow rail line closed this weekend

ScotRail services cancelled as busy Glasgow rail line closed this weekend The Scottish Sun Upgrade of railway in Glasgow’s southside enters key phase Project Scotland NO trains running all weekend on busy Glasgow line Glasgow Times ScotRail cancels busy route this weekend as Scots urged to find alternative transport Daily Record This weekend: £1.5m rail upgrades for Glasgow’s south side Network Rail media centre

GGoogle News
Business15 Aug

Golar LNG coy on next floating liquefaction contract

Golar LNG's chief executive declined to disclose details about their next floating liquefaction contract, while emphasizing the impact of cost inflation on recent orders. The article highlights that Golar LNG is being secretive regarding its clients.

UUpstream Online
Business15 Aug

NextEra Energy, others reach gas-powered generation funding milestone

NextEra Energy has secured agreements with the U.S. Department of Commerce and the Government of Japan to fund up to 10 GW of natural gas-powered generation projects in Texas and Pennsylvania. This initiative, part of Japan's $550 billion investment commitment from a March 2026 U.S.-Japan trade agreement, aims to provide reliable power infrastructure, lower energy prices, and create thousands of jobs. NextEra Energy plans to have initial resources online by late 2028 and complete the projects by 2032, leveraging its "bring your own generation" hub strategy to support critical digital infrastructure growth.

DDaily Energy Insider
Business15 Aug

Ford plans to phase out China-built Lincoln models for the US

Ford Motor Co. announced its intention to phase out the import of China-built Lincoln brand vehicles to the U.S. to reduce exposure to tariffs and comply with new connected vehicle regulations. This move includes boosting domestic production of Lincoln vehicles starting in 2030, with the aim of creating U.S. jobs. The decision also aligns with the new Connected Vehicles Rule which restricts imports of cars with connected-vehicle technology linked to China due to security concerns.

SSupply Chain Dive
Business15 Aug

In exclusive interview, Ford CEO explains change in plans for Lincoln

Ford CEO Jim Farley announced that the company will move production of its Lincoln Nautilus SUV from China to the U.S. by 2030, creating thousands of jobs. This decision was driven by the plan to design all-new Lincoln vehicles and the economic burden of tariffs. Farley also cited improving quality in Ford's U.S. manufacturing facilities as a key factor in making the move.

DDetroit Free Press
Business15 Aug

Full Transcript: X-Energy Q2 2026 Earnings Call

X-Energy reported strong Q2 2026 financial results, with total revenues and grant income increasing 154% to $54.6 million, largely due to engineering work for the Advanced Reactor Demonstration Program (ARDP). The company secured an additional $1 billion in DOE funding for ARDP, bringing the total cost share to $2.115 billion, and finalized long-term HALEU enrichment agreements to ensure fuel supply for its Xe-100 projects. Construction of the TX1 fuel fabrication facility is 80% complete, and X-Energy is leveraging AI in nuclear development and collaborating on Project Prometheus, maintaining a strong liquidity position of $1.9 billion post-IPO.

SSahm

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