Core Insights - Eastman Chemical Company (EMN) has formed a strategic partnership with Huafon Chemical to establish a joint manufacturing facility in China, focusing on localized production and innovation of Naia cellulose acetate filament yarns [1][2]. Company Developments - The partnership enhances EMN's market presence in China, the largest textile supply-chain hub, allowing for a quicker supply-chain response to the rising demand for sustainable textile solutions [2]. - This collaboration is expected to increase EMN's production capacity and improve innovation and product development capabilities for Naia yarns, aligning with the company's goal of making sustainable textiles more accessible [2][3]. - The joint facility will utilize local advantages and international resources to create a fully integrated localized chain that encompasses technological innovation, product development, production, and services [3]. Market Context - EMN's stock has experienced a decline of 32.1% over the past year, compared to a 20.6% decline in the industry [5]. - The company is navigating a challenging global macroeconomic environment, with cautious customer behavior due to changing tariffs and soft demand [6]. - EMN anticipates benefits from cost-reduction initiatives and increased revenues from its Kingsport methanolysis facility, projecting third-quarter adjusted earnings of approximately $1.25 per share and an operating cash flow of around $1 billion for the full year [6].

Key Takeaways Mortgage rates unchanged to 6.58% on Aug. 21, 2025, from the previous week, their lowest level of 2025.Lower rates are lifting mortgage originations and driving stronger refinancing activity.mREITs stand to gain from tighter Agency spreads, stronger book values, and wider net interest spreads.Mortgage rates are currently at the lowest levels of 2025. The average 30-year mortgage rate was 6.58% as of Aug. 21, 2025, unchanged from the previous week and down from 6.91% at the start of 2025, per F ...

SAN FRANCISCO, Aug. 22, 2025 (GLOBE NEWSWIRE) -- A securities class-action lawsuit has been filed against Centene Corporation (NYSE: CNC), a major provider of healthcare services. The lawsuit, captioned Lunstrum v. Centene Corporation, seeks to represent investors who purchased Centene securities between December 12, 2024, and June 30, 2025. The lawsuit alleges that the company and its top executives presented a misleadingly optimistic view of its financial health, particularly concerning its enrollment and ...

Qorvo (NASDAQ: QRVO ) reported significantly better than nice results beating estimates for June and September guidance. The results actually surprised us. We were expecting nice results, but nothing close to the better than nice. Even an analyst, Thomas O'Malley ofI have been an investor for several decades enduring the 87 crash, 2000 crash, and 08 crash. I do use trading systems developed with TradeStation. I have enjoyed the rewards from both buy and hold and trading. My professional experiences includes ...

The Zacks Computer - Networking industry is expected to get a boost from momentum in cloud computing, network security, big data and cloud storage and next-gen connectivity amid the rapid use cases of AI technology. Explosive demand for AI workloads and hyperscale data centers is fueling investments in high-speed interconnects, optical networking, and Ethernet switches. Players in this space are focused on capitalizing on the multi-billion-dollar AI infrastructure opportunity. The accelerated deployment of ...

Key Takeaways NIKE sees strength in performance categories, but Q4 revenues fell 12% y/y, with a gross margin contraction.Deckers posts robust HOKA and UGG growth, supported by wholesale gains and global consumer demand.China remains a challenge for NIKE, while Deckers records strong international growth across EMEA and APAC.Competition in the athletic footwear market is intensifying, with NIKE Inc. (NKE) and Deckers Outdoor Corporation (DECK) emerging as the key names capturing investor interest. NIKE cont ...

SAN FRANCISCO, Aug. 22, 2025 (GLOBE NEWSWIRE) -- A securities class-action lawsuit is underway against Sarepta Therapeutics (NASDAQ: SRPT), triggered by a series of safety concerns and regulatory setbacks for its gene therapy, ELEVIDYS. The lawsuit alleges that Sarepta misled investors by presenting ELEVIDYS as a safe and effective treatment with a clear path to broader regulatory approval. The deadline for investors with losses to be considered by the court to serve as Lead Plaintiff is August 25, 2025. Ha ...

Canadian Marijuana Stocks Could Be Winning Plays To ConsiderIn the last 3-6 months, most marijuana stocks have gone from bottom prices to an upward swing. For a long while, the sector has fallen and lain dormant. This led to much fear and doubt among some shareholders. Even with the continued progress of the cannabis industry as a whole, it is only as of August 2025 that marijuana is waking back up. Now, for places like Canada, they have their own issues as well that impact trading for top Canadian marijuan ...

Key Takeaways NIO unveils the redesigned ES8, now its largest all-electric SUV in China, with premium upgrades.The ES8 features a 900V platform, 102 kWh battery and 520 kW dual motors for high performance.NIO targets 25,000 monthly Q4 deliveries and vehicle gross margin above 20% with the new ES8.NIO Inc. (NIO) has officially launched its all-new ES8, a premium flagship three-row SUV, which is now open for pre-orders ahead of its release in late September.The ES8 will be offered in both six- and seven-seat ...

Key Takeaways Bank7 boosted its dividend by 12.5% to $0.27 per share, marking the sixth raise in five years.Unity Bancorp lifted its payout by 7.1% to $0.15, with sales and earnings growth expected in 2025.BayCom raised its dividend by 25% to $0.25 per share, its fourth increase in five years.After almost two months of impressive performance since mid-June, equity markets have been witnessing volatility in August amid tariff policy implementation and inflationary pressure. With volatility returning to the U ...