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ATI's Q3 Earnings Beat Estimates, Full-Year EBITDA Raised
ZACKS· 2025-11-04 13:16
Key Takeaways ATI's Q3 profit rose to $110M, with adjusted EPS up 42% to 85 cents, beating the consensus estimate. Sales grew 7% year over year to $1.13B, led by strength in aerospace and defense markets.The company raised full-year EBITDA and EPS guidance, projecting up to $858M and $3.21, respectively.ATI Inc. (ATI) recorded a profit of $110 million or 78 cents per share for the third quarter of 2025, up from the year-ago quarter's profit of $82.7 million or 57 cents. ATI posted adjusted earnings of 85 ce ...
Ingredion (INGR) Q3 Earnings Top Estimates
ZACKS· 2025-11-04 13:16
Ingredion (INGR) came out with quarterly earnings of $2.75 per share, beating the Zacks Consensus Estimate of $2.73 per share. This compares to earnings of $3.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +0.73%. A quarter ago, it was expected that this food sweetener, starch and nutritional ingredient company would post earnings of $2.78 per share when it actually produced earnings of $2.87, delivering a surprise of +3.2 ...
Fortis (FTS) Misses Q3 Earnings Estimates
ZACKS· 2025-11-04 13:16
Fortis (FTS) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.28%. A quarter ago, it was expected that this electric and gas utility would post earnings of $0.51 per share when it actually produced earnings of $0.55, delivering a surprise of +7.84%.Over the last four quarters, the c ...
Morning Minute: Crypto Slides into “Extreme Fear” as Bitcoin Tumbles
Yahoo Finance· 2025-11-04 13:16
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors fall another 3-8%; BTC at $104,500 Fear & Greed reaches Extreme Fear for first time in months Berachain halts its blockchain after Balancer exploit Strategy announced its latest financial instrument STRE MegaETH prepares to issue $1.3B in refunds 😨 Crypto Sl ...
Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI
CNBC· 2025-11-04 13:16
Core Insights - Corporate America is experiencing significant white-collar layoffs, with over 60,000 roles eliminated this year, raising concerns about the labor market and potential AI-driven recession [4][8] - Companies like Amazon, UPS, and Target are cutting jobs to streamline operations and adapt to new business models, rather than solely due to AI advancements [4][10] Group 1: Layoff Trends - Major layoffs are occurring across various sectors, with Amazon announcing 14,000 corporate job cuts, marking its largest reduction in history [13] - UPS has eliminated 48,000 roles this year, primarily due to strategic shifts and not directly replacing jobs with AI [20][22] - Target's decision to cut 1,800 jobs, about 8% of its corporate workforce, reflects stagnant revenue and a need to reduce complexity [27][31] Group 2: Economic Context - The layoffs are occurring amid persistent inflation, rising delinquencies, and a high average effective tariff rate, contributing to a challenging economic environment [6][8] - Despite the negative news, the stock market remains buoyed by AI mega-caps, indicating a disconnect between job cuts and market performance [8] Group 3: Company-Specific Strategies - Amazon's layoffs are part of a broader strategy to reduce corporate bloat and invest in AI technology, with capital expenditures expected to reach $125 billion this year [15][17] - UPS is pivoting to higher-margin businesses and reducing its reliance on Amazon, which accounted for nearly 12% of its revenue [18][20] - Target's layoffs are aimed at addressing operational inefficiencies and a workforce that has grown faster than sales, with a focus on accelerating technology [31][32]
If Crypto and Gold Crash, 4 JP Morgan Top Dividend Picks Are Safe Havens
247Wallst· 2025-11-04 13:15
Dividend stocks are a favorite among investors for good reason. They provide a steady stream of passive income and offer a promising avenue for total return. ...
Bitget Launches $2M Interest-Free Loans to Boost Altcoin Market Liquidity
Yahoo Finance· 2025-11-04 13:15
Bitget announced an Institutional Financing Program on Nov. 4 offering zero-interest loans to market makers focused on altcoin trading. The initiative allows qualified participants to borrow up to 2 million USDT without paying interest by meeting 50% of the exchange’s standard monthly trading volume benchmarks. The program runs from Nov. 1, 2025, through Jan. 31, 2026. The Victoria, Seychelles-based exchange cut qualification requirements in half compared to its existing institutional financing programs, ...
Days Inns - Canada Continues Rock Solid Partnership with Curling Canada for 2026
Globenewswire· 2025-11-04 13:15
Toronto, ON, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Days Inns - Canada has renewed its commitment to Canadian curling, announcing an extended partnership with Curling Canada that will see Days Inn return as an Official Partner for the 2026 season. Days Inns - Canada has been a valued partner of Curling Canada for over five years. Building on a successful collaboration, Days Inns - Canada will maintain its presence at three of the sport's marquee championship events: the 2026 Scotties Tournament of Hearts, the 20 ...
Hadron Energy Advances its Regulatory Readiness Ahead of $1.2Bn Merger
Businesswire· 2025-11-04 13:15
NEW YORK--(BUSINESS WIRE)--As Hadron Energy, Inc. ("Hadron†) approaches its $1.2Bn SPAC merger with GigCapital7 Corp. (Nasdaq: GIG), the company showcases its proactive and foundational licensing approach with the U.S. Nuclear Regulatory Commission (NRC). Hadron's light-water design offers a clear advantage with the U.S. Nuclear Regulatory Commission (NRC), the nation's regulator for civilian nuclear power, which has decades of experience licensing this technology and currently oversees 94 oper. ...
My 3 Favorite Canadian REIT Investments
Seeking Alpha· 2025-11-04 13:15
Most REIT investors only focus on the US REIT market (VNQ), as it is by far the biggest and best-developed REIT market worldwide. But we think that this is a mistake. There are now over ...