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Boeing Can Absorb China Trade Shock
Seeking Alpha· 2025-05-05 20:43
If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Boeing (NYSE: BA ) stock initially fell on the news that China would no longer take delivery of Boeing airplanes . China is an important market for airplanes and plays in important role in the reduction of Boeing’s inventory of airplanes. ThatDhier ...
Elanco Animal Health Sells Xdemvy Royalties To Blackstone in $295 Million Deal
Benzinga· 2025-05-05 20:40
Elanco Animal Health Incorporated ELAN on Monday announced the sale of certain future tiered royalties and commercial milestones associated with Xdemvy (lotilaner ophthalmic solution) 0.25% for the human health application of lotilaner to Blackstone Life Sciences and Blackstone Credit & Insurance for $295 million in cash.The company will use the proceeds to accelerate debt reduction, positioning Elanco to achieve an expected net leverage ratio of 3.9x to 4.3x adjusted EBITDA by the end of 2025.Also Read: El ...
Archrock Reports First Quarter 2025 Results
GlobeNewswire News Room· 2025-05-05 20:40
HOUSTON, May 05, 2025 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock” or the “Company”) today reported results for the first quarter 2025. First Quarter 2025 and Recent Highlights Revenue for the first quarter of 2025 was $347.2 million compared to $268.5 million in the first quarter of 2024.Net income for the first quarter of 2025 was $70.9 million and EPS was $0.40, compared to $40.5 million and $0.26, respectively, in the first quarter of 2024.Adjusted net income (a non-GAAP measure defined b ...
ROSEN, LEADING TRIAL ATTORNEYS, Encourages NET Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NPWR, NPWR.WS
GlobeNewswire News Room· 2025-05-05 20:40
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of NET Power Inc. (NYSE: NPWR, NPWR.WS) between June 9, 2023 and March 7, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 17, 2025. SO WHAT: If you purchased NET Power securities during the Class Period you may be entitled to compensation without p ...
ROSEN, LEADING INVESTOR COUNSEL, Encourages Ibotta, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – IBTA
GlobeNewswire News Room· 2025-05-05 20:38
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Ibotta, Inc. (NYSE: IBTA) pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Ibotta’s April 18, 2024 initial public offering (the “IPO”), of the important June 16, 2025 lead plaintiff deadline. SO WHAT: If you purchased Ibotta securities you may be entitled to compensation wit ...
TG Therapeutics Falls Short On Earnings, But Briumvi Sales Steal the Show
Benzinga· 2025-05-05 20:37
TG Therapeutics Inc TGTX on Monday reported first-quarter earnings per share of 3 cents, a shift from a loss of 7 cents a year ago, but below the consensus of 17 cents.The company reported sales of $120.86 million, up from $63.47 million a year ago, beating the consensus of $118.43 million.Michael S. Weiss, the Company’s Chairman and Chief Executive Officer, stated, “2025 is off to a strong start, and I’m incredibly proud of the progress made thus far. Our performance in the first quarter, including BRIUMVI ...
Ford warns of $2.5B hit from Trump tariffs, suspends annual earning forecast
New York Post· 2025-05-05 20:37
Ford Motor suspended its annual guidance on Monday because of uncertainty around President Trump’s tariffs, saying the levies would cost the company about $1.5 billion in adjusted earnings before interest and taxes.In February, the Dearborn, Mich. automaker projected earnings before interest and taxes of $7.0 billion to $8.5 billion for 2025. That forecast did not take tariffs into account.Ford Chief Financial Officer Sherry House said the company was on track to meet that guidance, excluding the fallout fr ...
REGAL REXNORD REPORTS STRONG FIRST QUARTER 2025 FINANCIAL RESULTS
Prnewswire· 2025-05-05 20:34
MILWAUKEE, May 5, 2025 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX)1Q Highlights Diluted EPS Of $0.86; Adjusted Diluted EPS Of $2.15, Up 7.5% Versus PY, And Up 10% Excluding Industrial Systems Paid Down $164 Million Of Gross Debt In 1Q. Net Debt/Adjusted EBITDA (Including Synergies) Of ~3.6x Cash From Operating Activities Of $102.3 Million; Free Cash Flow Of $85.5 Million, Up 32.4% Versus PY 1Q Daily Orders Up 3.3%, Excluding Currency Impacts, Versus PY Sales Of $1,418.1 Million, Down 8.4% Versus P ...
Pineapple Financial Inc. (PAPL) Announces Closing of $1.5 Million Public Offering
Newsfile· 2025-05-05 20:31
Toronto, Ontario--(Newsfile Corp. - May 5, 2025) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or the "Company"), a leading Canadian mortgage technology and brokerage firm, today announced the closing of its public offering (the "Offering") with aggregate gross proceeds to the Company of $1,500,000, prior to deducting fees and other expenses payable by the Company. The Offering consisted of 10,000,000 units, each unit consisting of one common share of the Company and one warrant to purchase ...
BP Returns To Oil: A New Strategy With Old Risks
Seeking Alpha· 2025-05-05 20:30
BP p.l.c. (NYSE: BP ) is a century—old giant that stands at the origins of global energy. Its journey began back in 1909 with drilling rigs in Persia, and today BP is a complex integrated structure covering the entireMy professional background spans multiple continents and includes experience in private banking, corporate finance, and strategic advisory. For several years, I developed and led a private banking department in Dubai, where I crafted tailored investment solutions to meet the unique needs of aff ...