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Teekay Tankers (TNK) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-07-25 23:01
Teekay Tankers (TNK) closed at $44.17 in the latest trading session, marking a -1.56% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.4% for the day. On the other hand, the Dow registered a gain of 0.47%, and the technology-centric Nasdaq increased by 0.24%. Heading into today, shares of the oil and gas shipping company had gained 3.17% over the past month, outpacing the Transportation sector's gain of 2.67% and lagging the S&P 500's gain of 4.61%.Analysts and inve ...
X @The Economist
The Economist· 2025-07-25 22:20
A tie-up between two Indonesian firms would control around four-fifths of ride-hailing and two-thirds of food delivery across South-East Asia. Yet it must first overcome Indonesian officials’ reservations https://t.co/rCyL5NtA80 ...
X @TechCrunch
TechCrunch· 2025-07-25 15:39
Lyft to add autonomous shuttles in 2026 as Uber inks more self-driving deals | TechCrunch https://t.co/RoknRKVArm ...
Small-Cap ETFs Rally in July: Will the Momentum Continue?
ZACKS· 2025-07-25 15:02
Small-cap stocks are surging this month on strong momentum in the space. The Russell 2000 Index has jumped nearly 9% in July 2025 alone, outpacing the S&P 500 and Nasdaq Composite Indexes. While several ETFs are riding high on this momentum, we have highlighted five of those that are leading the space over the past month and offer diversified exposure across various sectors. These are Avantis U.S. Small Cap Equity ETF (AVSC) , Invesco S&P SmallCap Value with Momentum ETF (XSVM) , JPMorgan BetaBuilders U.S. ...
Saia (SAIA) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-25 13:41
Saia (SAIA) came out with quarterly earnings of $2.67 per share, beating the Zacks Consensus Estimate of $2.39 per share. This compares to earnings of $3.83 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of +11.72%. A quarter ago, it was expected that this trucking company would post earnings of $2.77 per share when it actually produced earnings of $1.86, delivering a surprise of -32.85%. Over the last four quarters, the compa ...
X @Bloomberg
Bloomberg· 2025-07-25 13:25
Partnerships & Deployment - Lyft is partnering with Benteler to deploy autonomous shuttles in the US [1] - The deployment is planned for late 2026 [1] Competitive Landscape - Lyft is trying to catch up with rival Uber in the autonomous vehicle space [1]
Universal Logistics (ULH) Q2 Earnings and Revenues Lag Estimates
ZACKS· 2025-07-24 22:36
Universal Logistics (ULH) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $1.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.88%. A quarter ago, it was expected that this trucking and logistics company would post earnings of $0.48 per share when it actually produced earnings of $0.23, delivering a surprise of -52.08%.Over the last ...
Ryder Says Shift to Asset-Light Services Pays Off During Freight Market Downturn
PYMNTS.com· 2025-07-24 22:28
Ryder System delivered its third consecutive quarter of double-digit earnings per share growth, with executives saying this signals results of the transportation and logistics giant’s transformation strategy amid a prolonged freight market downturn.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and ...
Wabtec Q2 Earnings Beat Estimates, Revenues Lag, 2025 View Up
ZACKS· 2025-07-24 18:55
Core Insights - Westinghouse Air Brake Technologies Corporation (WAB) reported Q2 2025 earnings per share (EPS) of $2.27, exceeding the Zacks Consensus Estimate of $2.18, marking a 15.8% year-over-year increase driven by higher sales, operating margin expansion, and share repurchases [1][9] - Revenues for the quarter were $2.71 billion, falling short of the Zacks Consensus Estimate of $2.77 billion, but reflecting a 2.3% year-over-year growth due to increased sales in the Transit segment, offset by lower Equipment sales [2][9] Financial Performance - WAB raised its 2025 adjusted EPS guidance to a range of $8.55 to $9.15 from the previous range of $8.35 to $8.95, supported by strong first-half performance, mergers and acquisitions, and prudent cost management [3] - The company also increased its 2025 revenue guidance to $10.925 billion to $11.225 billion from $10.725 billion to $11.025 billion, primarily due to the acquisition of Evident Inspection Technologies Division [4] Segment Performance - The Freight segment reported net sales of $1.91 billion, a slight decline of 0.1% year-over-year, impacted by lower locomotive deliveries due to a supplied part issue, although service sales increased by 6% [5][6] - The Transit segment saw net sales grow by 8.7% year-over-year to $787 million, with an adjusted operating margin increase to 15.2% from 12.7% in the same quarter of 2024 [6] Operational Details - Total operating expenses rose by $22 million year-over-year to $466 million, with the operating ratio increasing to 17.2% from 16.8% [7] - WAB ended the quarter with cash and cash equivalents of $1.49 billion, a significant increase from $698 million at the end of the previous quarter, while long-term debt rose to $4.78 billion from $3.50 billion [7] Shareholder Returns - During the quarter, WAB paid $44 million in dividends and repurchased shares worth $50 million [8]