Key Takeaways EXC aims to invest more than $38B in regulated utility upgrades from 2025 to 2028 to enhance grid reliability. Cost-saving initiatives help EXC keep expenses below inflation, benefiting more than 10M utility customers. EXC shares gained 14% in six months, outperforming the industry's 7.6% rise.Exelon Corporation (EXC) , with its investments in regulated utility operations for grid modernization, electric transmission and effective cost-saving efforts to better serve its customers, is expecte ...

Costco is about to find out how popular its gas really is. The wholesale club is planning to build a stand-alone 40-bay gas station in Mission Viejo, California, a suburb of Los Angeles.The project comes after the company recently extended operating hours at several of the gas stations at its warehouses. Executives said the strategy led to a distinct uptick in sales. The new development will be about two miles from two existing Costco warehouses, one of which already has a gas station. Many other Costco g ...

When investors think of safe stocks to generate dividend income, stable stalwarts like Coca-Cola or Procter & Gamble may come to mind. And while those companies are good options for risk-averse investors, there are arguably even more attractive opportunities outside the consumer staples sector. ExxonMobil (XOM -1.68%) has paid and raised its dividends for 42 consecutive years. According to the company, only 4% of S&P 500 components have streaks at least as long. Here's why ExxonMobil is a safe, no-brainer d ...

Core Points - Suominen Corporation is launching a cost-saving program aimed at securing profitable growth and enhancing long-term competitiveness [1][2] - The program is expected to generate savings of approximately EUR 10 million over the next 24 months [3] - The initiative may impact up to 60 positions globally, pending local consultation procedures [3] Company Overview - Suominen manufactures nonwovens as roll goods for wipes and other applications, with a vision to lead in nonwovens innovation and sustainability [4] - In 2024, Suominen reported net sales of EUR 462.3 million and employs over 700 professionals across Europe and the Americas [4] - The company's shares are listed on Nasdaq Helsinki [4]

Core Viewpoint - Hasbro experienced a revenue increase in Q1, driven by strong performance in its gaming segment, but faces challenges due to evolving tariff situations Financial Performance - Net revenues for Q1 reached $887 million, marking a 17% increase, with a 46% surge from Wizards of the Coast and licensed digital gaming [1] - Adjusted operating profit rose to $222 million, an increase of $74 million from the previous quarter, and the company generated $138 million in operating cash flow [2] Tariff Impact - The company stated that tariffs had no material impact on Q1 results, but anticipates a gross impact of $100 million to $300 million from tariffs in 2025 [2] - The estimated net profit impact in 2025 is projected to be between $60 million and $180 million, depending on trade policy and consumer behavior [3] Sourcing and Manufacturing Strategy - Approximately half of Hasbro's toy and game volume originates in China, necessitating sourcing diversification [3] - China will remain a key manufacturing hub due to specialized capabilities, while the company is working with customers to manage inventory and pricing strategies [4] Cost-Saving Measures - Hasbro is accelerating a $1 billion cost-savings plan to mitigate tariff pressures [4] - The company is focusing on maintaining key price points and strengthening retail partnerships to capture market share [4] Strategic Flexibility - The games business and strategic flexibility provide Hasbro with options to navigate potential tariff and consumer outcomes [5]

Core Viewpoint - ExxonMobil anticipates a $900 million increase in quarterly profit due to higher oil and natural gas prices and improved refining margins, but faces challenges in Q2 as crude prices have dropped significantly [1][3][5]. Financial Performance - The company expects first-quarter earnings to be approximately $900 million higher than the previous quarter's profit of $7.4 billion, and about $100 million higher than the same quarter last year, which reported $8.2 billion [3]. - Brent crude averaged just under $75 per barrel, a 1.3% increase from Q4, while natural gas prices surged by 30% due to increased demand from a cold winter in the U.S. [4]. Market Conditions - Early Q2 has seen a decline in oil prices, with Brent crude dropping over 10% to around $65 per barrel due to tariff concerns, and natural gas prices in the U.S. falling more than 5% [5][6]. - If current price levels persist or decline further, it could significantly impact Exxon's results in upcoming quarters, particularly affecting refining margins [6]. Long-term Strategy - Exxon is focused on enhancing its long-term earnings capacity by investing in its most efficient resources and reducing structural costs [7][11]. - The company plans to invest approximately $140 billion by 2030 in its best assets and aims for an additional $7 billion in cost savings, potentially delivering an extra $20 billion in annual earnings and $30 billion in incremental cash flow by 2030 [9][10]. Historical Performance - In the previous year, Exxon achieved $33.7 billion in earnings and $55 billion in cash flow from operations, marking its third-best year in a decade despite lower average refining and chemical margins [8]. - The company's strong performance was attributed to growth in high-margin assets and effective cost-saving measures [8]. Resilience to Volatility - While short-term earnings may be affected by fluctuating oil prices, Exxon's investments in low-cost assets and cost-cutting strategies are expected to mitigate the impact of price volatility in the long run [11].

Record Inventory Increase Meets Growing Consumer Demand for Healthcare Cost-Saving Solutions Surge Driven by Ozempic and Zepbound Prescription Savings Opportunities Combined with Seasonal Health Product Purchases SCHAUMBURG, IL, March 12, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the "Company"), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today announced a significant increase in gift card sales following its announcement of a ...