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June home sales drop as prices hit a record high
CNBC Television· 2025-07-23 15:47
Existing home sales in June dropped 2.7% month-to-month to a seasonally adjusted annualized rate of 3.93% million units. That's a miss. The street was looking for essentially flat sales unchanged year-over-year.Now, this report is based on closing. So, contracts likely signed in April and May when the average on the 30-year fix jumped over 7% a few times and never really went below 6.8%. Now, on supply, there were 1.53% million units for sale at the end of June.That's up 15.9% from June of last year, repres ...
McDonald's Snack Wrap demand causes lettuce shortage at some of its restaurants
Fox Business· 2025-07-23 15:16
The debut of McDonald's snack wrap earlier this month triggered so much unexpected demand that it temporarily depleted its lettuce supplies.  Less than a week after the Snack Wrap, fried chicken strips rolled in a tortilla, returned to menus, McDonald's sent notices to U.S. franchisees to hold off on adding shredded lettuce to its McChicken sandwiches in order to conserve supplies, according to a company memo seen by The Wall Street Journal.The directive, sent to franchisees last week, aimed to help locatio ...
POSCO Enters Agreement to Supply Graphite Anodes for EV Batteries
ZACKS· 2025-07-23 14:46
Key Takeaways POSCO Future M inks a deal to supply graphite anodes to an electric vehicle battery company in Japan. The graphite anodes will be produced at POSCO's Sejong plant, expanding its global market footprint. POSCO aims to build a full supply chain in response to trade regulations in the United States and EU.POSCO’s (PKX) unit, POSCO Future M, has entered into an agreement with a battery company from Japan to supply natural graphite anode materials. PKX’s unit will produce the materials at its Sej ...
Should Boeing Stock Be in Your Portfolio Ahead of Q2 Earnings Release?
ZACKS· 2025-07-23 14:36
Key Takeaways Boeing is projected to post Q2 revenues of $21.93B, up 30% from the year-ago quarter's reported figure. BA's commercial and defense shipments jumped 63% and 60% year over year, which should boost segment revenues. Boeing's services unit is expected to post 5.6% revenue growth and 8.3% earnings growth in Q2.The Boeing Company (BA) is scheduled to release second-quarter 2025 results on July 29, 2025, before market open.  The Zacks Consensus Estimate for revenues is pegged at $21.93 billion, im ...
General Dynamics(GD) - 2025 Q2 - Earnings Call Transcript
2025-07-23 14:02
General Dynamics (GD) Q2 2025 Earnings Call July 23, 2025 09:00 AM ET Company ParticipantsNicole Shelton - VP - IRPhebe Novakovic - Chairman & CEOKimberly Kuryea - SVP & CFOJason Aiken - EVP - Combat & Mission SystemsM. Amy Gilliland - EVP & President - GDITDanny Deep - EVP - Global OperationsGautam Khanna - Managing DirectorSeth Seifman - Executive DirectorDouglas Harned - Managing DirectorScott Deuschle - Director - Aerospace & Defense Equity ResearchRobert Stallard - PartnerDavid Strauss - MD - Equity Re ...
Range Resources(RRC) - 2025 Q2 - Earnings Call Transcript
2025-07-23 14:02
Range Resources (RRC) Q2 2025 Earnings Call July 23, 2025 09:00 AM ET Company ParticipantsLaith Sando - SVP - Corporate Strategy & Investor RelationsDennis Degner - CEO & PresidentMark Scucchi - Executive VP & CFOScott Hanold - Managing Director - Energy ResearchJake Roberts - DirectorKevin MacCurdy - Managing DirectorNeil Mehta - Head - Americas Natural Resources Equity ResearchDavid Deckelbaum - MD - Sustainability & Energy TransitionPhillip Jungwirth - Managing DirectorConference Call ParticipantsDoug Le ...
RecycLiCo Partners with Lucid to Strengthen North American Domestic Supply Chain for Critical Minerals and Metals
GlobeNewswire News Room· 2025-07-23 13:31
SURREY, British Columbia, July 23, 2025 (GLOBE NEWSWIRE) -- RecycLiCo Battery Materials Inc. (“RecycLiCo” or the “Company”) (TSX.V: AMY | OTCQB: AMYZF | FSE: ID4), a critical minerals refining and lithium ion battery upcycling company, today announced that it, together with Lucid (NASDAQ: LCID) and other industry leaders has become a founding member of the Minerals for National Automotive Competitiveness Collaboration (MINAC), a partnership focused on accelerating the development and procurement of American ...
RecycLiCo Partners with Lucid to Strengthen North American Domestic Supply Chain for Critical Minerals and Metals
Globenewswire· 2025-07-23 13:31
SURREY, British Columbia, July 23, 2025 (GLOBE NEWSWIRE) -- RecycLiCo Battery Materials Inc. (“RecycLiCo” or the “Company”) (TSX.V: AMY | OTCQB: AMYZF | FSE: ID4), a critical minerals refining and lithium ion battery upcycling company, today announced that it, together with Lucid (NASDAQ: LCID) and other industry leaders has become a founding member of the Minerals for National Automotive Competitiveness Collaboration (MINAC), a partnership focused on accelerating the development and procurement of American ...
X @Bloomberg
Bloomberg· 2025-07-23 12:58
Sugar futures fell to a three-week low amid expectations that India, the world’s second-largest grower, will allow shipments in the forthcoming season in a boost to global supply prospects https://t.co/5UL1FT2i9s ...