Walmart’s new CEO John Furner could be called a retailer gunslinger. He’s not afraid to take risks, and as he works through his first week replacing former CEO Doug McMillon, he may be starting a tenure that takes more risks than anyone in the retailer’s history.In his first companywide memo as CEO, Furner said on Monday he plans to spend his first few weeks in stores, supply chain facilities and support offices, where he will speak directly with workers. He also had one “simple ask” for all Walmart employe ...

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) defendants had materially overstated the likelihood that funds attributed to the U.S. Department of Energy's Loan would ultimately become available to Plug Power, and/or that Plug Power would ultimately construct the hydrogen production facilities necessary to receive those funds; (2) as such, Plug Power was likely to pivot toward more modest projects with less commerc ...

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Key Takeaways EMR posted Q1 adjusted EPS of $1.46, topping estimates and rising 6% year over year.EMR's Intelligent Devices sales rose 4% year over year, led by gains in Final Control and Sensors.EMR sees Q2 EPS of $1.50-$1.55 and forecasts FY26 adjusted EPS between $6.40 and $6.55.Emerson Electric Co. (EMR) reported first-quarter fiscal 2026 (ended Dec. 31, 2025) adjusted earnings of $1.46 per share, which surpassed the Zacks Consensus Estimate of $1.41. The bottom line increased 6% year over year.Emerson’ ...

Key Takeaways POWL posted Q1 adjusted EPS of $3.40, beating estimates and rising 19% year over year on strong margins.POWL revenues rose 4% year over year to $251.2M, driven by electric utility and oil & gas demand.POWL ended Q1 with $1.6B backlog, up 16% year over year, supported by strong new order activity.Powell Industries, Inc.’s (POWL) first-quarter fiscal 2026 (ended December 2025) adjusted earnings of $3.40 per share surpassed the Zacks Consensus Estimate of $2.85. The bottom line increased 19% year ...

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Today, Walmart's newest Supercenter in Jacksonville, located at 10000 Omni Dr. in the growing Oakleaf community, officially opened with a community celebration that recognized long-term and new associates, as well as several organizations making a difference in the region. The Jacksonville Supercenter closely follows the opening of a new Supercenter in Apollo Beach and a Neighborhood Market in Ocala last month. The new store represents another milestone in W. ...

Advanced Micro Devices, Inc. (NASDAQ:AMD) stock plummeted 17% on Wednesday, wiping out over $30 billion in market value and heading for its worst day since 2017. The company's Q4 headline numbers showed a record $10.3 billion in revenue, but the quality of the beat and AMD's forward guidance left something to be desired. AMD stock is tanking. See the chart and price action here. The China WindfallA significant portion of AMD's Q4 beat was attributed to a one-time surge in sales to China. CEO Lisa Su clarifi ...

Nike Inc. (NYSE:NKE) shares are up on Wednesday, moving in tandem with broader market trends. The stock is benefiting from a generally positive market environment, as the Dow Jones is up 0.62%, while the S&P 500 is down only slightly by 0.40%, indicating a mixed but somewhat supportive backdrop for Nike’s performance. • Nike shares are climbing with conviction. What’s driving NKE stock higher?Last week, the athletic footwear giant announced plans to cut 775 jobs at its U.S. distribution facilities as part o ...

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Darden Restaurants announced on Tuesday that it will close its Bahama Breeze chain after nearly 30 years in operation.The Orlando-based company said it will permanently shut down 14 of Bahama Breeze’s 28 restaurants, while converting the remaining locations into other Darden brands.Restaurants designated for permanent closure will continue operating through April 5, Darden said.The conversion of the remaining 14 locations is expected to take 12 to 18 months. Those restaurants will continue operating until a ...