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Latest Articles

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.15 Per Share

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.15 Per Share

The Gabelli Equity Trust Inc. reaffirmed its 10% distribution policy by declaring a $0.15 per share cash distribution payable on June 23, 2026. The Fund aims to pay at least 10% of its average net asset value annually, considering net asset value fluctuations and earning sources including investment income, capital gains, and return of capital. The…

Birkenstock Shares Plunge After Q2 Results Miss; Margins Under Pressure

Birkenstock Shares Plunge After Q2 Results Miss; Margins Under Pressure

Birkenstock shares fell sharply after the company reported fiscal second-quarter 2026 results that missed expectations on several core metrics. Adjusted EBITDA and net profit declined, gross margins compressed materially and adjusted EPS softened year-over-year. Management reiterated full-year targets but cited currency, tariff and regional geopoli…

Dollar Strengthens as Producer Prices Spike Ahead of Trump-Xi Talks

Dollar Strengthens as Producer Prices Spike Ahead of Trump-Xi Talks

The U.S. dollar firmed following a larger-than-expected rise in producer prices for April, a report that intensified market bets on prolonged tight U.S. monetary policy. The move coincides with the start of a two-day meeting between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing, where trade and business access are key topi…

U.S. Overdose Fatalities Fall for Third Year as Naloxone Access Expands

U.S. Overdose Fatalities Fall for Third Year as Naloxone Access Expands

Preliminary data from the U.S. Centers for Disease Control and Prevention indicate a nearly 14% drop in drug overdose deaths in 2025 compared with the prior year. Experts attribute much of the decline to the widespread availability of naloxone, even as synthetic opioids remain the leading cause of fatalities and several states saw significant incre…

European Gas Edges Lower as Hormuz Shipments and Trump-Xi Meeting Take Focus

European Gas Edges Lower as Hormuz Shipments and Trump-Xi Meeting Take Focus

European natural gas benchmark prices dipped modestly on Wednesday after media reports indicated a small number of shipments had been permitted to transit the Strait of Hormuz. Market attention also shifted toward an upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping, which could touch on trade, Taiwan and wider g…

Eric Palmer Joins AMN Healthcare Board of Directors

Eric Palmer Joins AMN Healthcare Board of Directors

AMN Healthcare announced the election of Eric Palmer, a seasoned healthcare executive with extensive leadership experience, to its Board of Directors effective May 1, 2026. Palmer's expertise in healthcare services, benefits, and insurance, along with his successful track record in scaling operations and managing large acquisitions, is expected to …

Rigaku Shares Jump After Strong Quarterly Results and Earnings Beat

Rigaku Shares Jump After Strong Quarterly Results and Earnings Beat

Rigaku Holdings Corp. shares climbed sharply after the company reported a sizeable rebound in quarterly net income and faster year-over-year revenue growth, alongside an earnings-per-share result that slightly exceeded forecasts. Analysts remain broadly positive, and Jefferies highlighted continued strength in semiconductor-related demand and expec…

Tyson CFO: U.S. Cattle Herd Recovery Is Uneven, Keeping Supplies Tight

Tyson CFO: U.S. Cattle Herd Recovery Is Uneven, Keeping Supplies Tight

Tyson Foods' chief financial officer Curt Calaway warned that U.S. cattle producers are making inconsistent efforts to rebuild a herd that has fallen to multi-decade lows, leaving beef supplies tight and prices elevated. High slaughter rates of young females, concerns over dry grazing conditions and the recent corporate capacity reductions at Tyson…

Redcloud Shares Gain After Joint Venture to Deploy RedAI Across South Africa

Redcloud Shares Gain After Joint Venture to Deploy RedAI Across South Africa

Redcloud Holdings shares rose 5.1% following an announcement that the company will form a capital-light joint venture with ACA Capital to deploy its RedAI infrastructure across South Africa and other African markets. The deal will integrate RedCloud’s RAID engine and three RedAI Specialist Agents into ACA Capital’s distribution network, which trans…

Iran War Stalls Turkey-PKK Peace Momentum, Both Sides Hold Back

Iran War Stalls Turkey-PKK Peace Momentum, Both Sides Hold Back

The outbreak of war involving Iran has interrupted a fragile window of progress between Turkey and the Kurdistan Workers' Party (PKK). With Ankara warning of possible Kurdish mobilisations in neighbouring states and the PKK citing security concerns, both sides have largely frozen forward movement on core issues - from legislative guarantees to disa…

Arrow Electronics Shares Advance After $1 Billion Buyback and BofA Upgrade

Arrow Electronics Shares Advance After $1 Billion Buyback and BofA Upgrade

Arrow Electronics shares climbed after the company unveiled a $1 billion stock repurchase program that will replace its current authorization, and after BofA Securities upgraded the stock to Neutral with a $233 price target on signs of stronger demand and recovering margins. The bank raised its valuation multiple and highlighted backlog and a book-…

Eastern NATO Allies Urge Stronger Air Defences After Repeated Airspace Breaches

Eastern NATO Allies Urge Stronger Air Defences After Repeated Airspace Breaches

Fourteen NATO allies meeting in Bucharest warned that repeated incursions into eastern flank airspace by Russian drones and other violations make it imperative to reinforce NATO air and missile defences, including protections against unmanned aerial vehicles. The joint statement also urged deeper cooperation to expand defence industrial capacity, r…