The Largest Write Off In Car Industry History
247Wallst· 2026-02-06 11:33
Ford (NYSE: F) recently wrote off $19.5 billion due to the collapse of its EV business. ...
Graham Corporation Reports Third Quarter Fiscal 2026 Results
Businesswire· 2026-02-06 11:30
BATAVIA, N.Y.--(BUSINESS WIRE)--Graham Corporation (NYSE: GHM) ("GHM†or the "Company†), a global leader in the design and manufacture of mission critical fluid, power, heat transfer, vacuum, and advanced mixing technologies for the Defense, Energy & Process, and Space industries, today reported financial results for its third quarter for the fiscal year ending March 31, 2026 ("fiscal 2026†). Graham's President and Chief Executive Officer, Matthew J. Malone stated, "Our third quarter result. ...
Gorman-Rupp Reports Fourth Quarter and Full Year 2025 Financial Results
Businesswire· 2026-02-06 11:30
MANSFIELD, Ohio--(BUSINESS WIRE)-- #EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the fourth quarter and year ended December 31, 2025. Fourth Quarter 2025 Highlights Net sales of $166.6 million increased 2.4%, or $3.9 million, compared to the fourth quarter of 2024 Net income was $13.7 million, or $0.52 per share, compared to net income of $11.0 million, or $0.42 per share, for the fourth quarter of 2024 Adjusted earnings per share1 for the fourth quarter of 2025 and 2024 were. ...
Trump's Tax Law Sharply Cuts Amazon's Corporate Tax Bill
WSJ· 2026-02-06 11:30
Breaks for investment and research lowered the company's payments to the U.S. government. ...
nVent Electric plc Fourth Quarter and Full Year 2025 Financial Results Available on Company's Website
Globenewswire· 2026-02-06 11:30
LONDON, Feb. 06, 2026 (GLOBE NEWSWIRE) -- nVent Electric plc (NYSE:NVT) ("nVent"), a global leader in electrical connection and protection solutions, reported fourth quarter and full-year 2025 financial results today through an earnings release posted on the company's Investor Relations website at http://investors.nvent.com. The earnings release will be furnished with the Securities and Exchange Commission on a Form 8-K and is available here. The company will also hold a conference call with analysts and in ...
Pricier iPhones? Global memory chip crunch puts spotlight on Apple
Reuters· 2026-02-06 11:29
As the global memory chip shortage hits the smartphone market, a key question is echoing from Silicon Valley to Shenzhen: Will Apple raise prices, or sacrifice profit to gain new customers? ...
SCHD: Loading Up As Fear Mounts
Seeking Alpha· 2026-02-06 11:27
Analyst's Disclosure: I/we have a beneficial long position in the shares of SCHD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any i ...
Most U.S. Bank Stocks Rallied In January
Seeking Alpha· 2026-02-06 11:25
The majority of US bank stocks outperformed the broader market in January for the third consecutive month. The 208 banks in an S&P Global Market Intelligence analysis racked up a median monthly total return of asbe/iStock via Getty Images ...
PENNYMAC INVESTIGATION: PennyMac Financial Services, Inc. (PFSI) Investigated for Misrepresentations About Its Refinancing Issues, Contact BFA Law If You Lost Money
TMX Newsfile· 2026-02-06 11:18
Core Viewpoint - PennyMac Financial Services, Inc. is under investigation for potential violations of federal securities laws related to its mortgage recapture efforts as interest rates declined [1][2][3]. Company Overview - PennyMac originates and services home mortgages, recently increasing its capacity to originate loans to retain borrowers seeking to refinance [2]. - The company has publicly claimed improvements in its recapture rates during this period [2]. Investigation Details - The investigation by Bleichmar Fonti & Auld LLP focuses on whether PennyMac misrepresented its ability to recapture customers refinancing their mortgages [3]. Financial Performance - On January 29, 2026, PennyMac reported disappointing financial results for Q4 2025, revealing that increased origination capacity did not translate into expected refinance business due to heightened competition [4]. - Following the earnings call, PennyMac's stock price dropped over 37%, from $140.70 per share to as low as $93.50 per share [4].
RFI: Directly Aligned To Benefit From Data Center Growth But Flawed Structure
Seeking Alpha· 2026-02-06 11:17
Core Insights - The current market volatility is largely influenced by the earnings season, which may lead some investors to shift away from growth-oriented positions [1] Group 1: Market Trends - High levels of market volatility are observed, primarily driven by earnings reports [1] - The AI sector presents a dual nature, offering significant growth potential while also posing challenges for investors [1] Group 2: Investment Strategies - A hybrid investment strategy combining classic dividend growth stocks with Business Development Companies, REITs, and Closed End Funds can enhance investment income while achieving total returns comparable to traditional index funds [1] - This approach allows investors to balance growth and income effectively, maintaining returns on par with the S&P [1]