CANTON, MI — Cava, a fast-casual Mediterranean restaurant, will open its first Michigan location along Ford Road in Canton on Sunday.Cava is best known for its Mediterranean flavors, including spicy lamb and avocado. The restaurant allows customers to build their own grain bowls, pita sandwiches and salads. "We’re thrilled to join the Southeast Michigan community and introduce more guests to the bold, vibrant flavors of the Mediterranean," CAVA Regional Leader Gino Carlin said. "Entering the state of Michig ...

In its upcoming report, Canadian National (CNI) is predicted by Wall Street analysts to post quarterly earnings of $1.37 per share, reflecting an increase of 1.5% compared to the same period last year. Revenues are forecasted to be $3.15 billion, representing a year-over-year decrease of 0.4%. The consensus EPS estimate for the quarter has undergone a downward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their ...

Core Viewpoint - ArcelorMittal S.A. (MT) shares have increased approximately 39.1% over the past three months, indicating strong momentum and positive prospects for investors to consider adding the stock to their portfolios [1] Group 1: Stock Performance - MT has outperformed its industry over the past year, with shares rising 41.9% compared to a 23.6% decline in the industry [2][8] - The company’s stock has shown a significant rally of 39.1% in the last three months, reflecting strong investor confidence [1] Group 2: Earnings Growth - The Zacks Consensus Estimate for ArcelorMittal's earnings for 2025 is projected at $4.23 per share, suggesting a year-over-year growth of 43.4% [3][8] - MT reported earnings of $1.16 per share for the first quarter of 2025, surpassing the Zacks Consensus Estimate of 71 cents [4] Group 3: Strategic Expansion - ArcelorMittal is enhancing its steel production capacity with a focus on higher-value offerings, particularly in the automotive steel sector by introducing advanced high-strength steels (AHSS) [5] - The company plans to build a fully owned non-grain-oriented electrical steel (NOES) plant in Alabama to meet the growing demand for premium electrical steel and to provide a reliable domestic supply [9] Group 4: Shareholder Value - ArcelorMittal is committed to enhancing shareholder value through share repurchase initiatives and has increased its base dividend by 10% to 55 cents per share [10] - The company plans to distribute at least 50% of its post-dividend free cash flow to shareholders via ongoing share buybacks, reinforcing its commitment to returning value [11]

Commodity trader Xiamen C&D is in talks to import distillers grains from Brazil as China prepares to begin sourcing the protein-rich feed ingredient from the South American nation https://t.co/HF67wQ3hpM ...

Core Insights - Happy Belly Food Group Inc. has signed an area development agreement for the province of Manitoba, adding 15 new locations for its Heal Wellness brand, which specializes in smoothie bowls and quick-serve restaurant offerings [1][3] - With this agreement, Heal Wellness is now represented in all 10 provinces of Canada, totaling 195 contractually committed locations nationwide [1][3] - The company anticipates significant organic growth due to its emerging brand portfolio, which now includes 606 units under development agreements across Canada [3][4] Company Strategy - The expansion into Manitoba is seen as a strategic move, leveraging the province's urban vibrancy and community spirit to enhance the Heal Wellness brand's presence [4][5] - The company aims to capitalize on the growing demand for fresh, innovative dining options in Manitoba, particularly in Winnipeg, which has a dynamic food scene [4][5] - Happy Belly's overarching strategy focuses on the development and growth of emerging brands within the food sector, with expectations that new locations will contribute positively to overall revenue and profitability [5] Brand Overview - Heal Wellness is dedicated to providing quick, fresh wellness foods that cater to busy lifestyles, offering a diverse range of smoothie bowls and smoothies made from high-quality superfood ingredients [5] - The brand positions itself as Canada's first true national smoothie bowl brand, emphasizing its first-mover advantage in the market [4]

Core Viewpoint - ArcelorMittal has completed the acquisition of Nippon Steel Corporation's 50% equity stake in AM/NS Calvert, gaining full ownership of the facility, which is a significant step in enhancing its presence in the U.S. steel market [1][5][11] Acquisition Details - The acquisition was finalized in accordance with the Equity Purchase Agreement signed on October 11, 2024, with ArcelorMittal already holding the remaining 50% stake [1] - The facility, now named ArcelorMittal Calvert, was originally acquired in 2014 for $1.55 billion and has undergone over $2 billion in capital expenditures since then to improve efficiency and product offerings [2][11] Facility Capabilities - ArcelorMittal Calvert has an annual flat rolled steel capacity of 5.3 million metric tonnes and is recognized as one of the most advanced steel finishing facilities in North America [2] - The facility includes a new state-of-the-art steelmaking facility capable of producing 1.5 million metric tonnes of low CO2 steel annually, which will support automotive customers [2][3] Strategic Investments - A new seven-year domestic slab supply agreement with NSC has commenced, averaging 750,000 metric tonnes per year, ensuring a significant portion of slab requirements are met domestically [2] - The company plans to invest $1.2 billion to construct a non-grain-oriented electrical steel manufacturing facility at the Calvert site, expected to produce up to 150,000 metric tonnes annually [4][11] Financial Implications - In FY 2024, AM/NS Calvert generated EBITDA of $614 million, with approximately 60% reflected in ArcelorMittal Group EBITDA [11] - Following the acquisition, ArcelorMittal's net debt is expected to increase by approximately $1.3 billion, with an exceptional gain of about $1.5 billion anticipated in its 2Q 2025 results [11] Future Outlook - The company aims to establish a manufacturing center of excellence at Calvert, focusing on safety and expanding its product portfolio to meet growing automotive mobility demands [10][11] - The facility is positioned to play a pivotal role in supporting the U.S. steel industry's revitalization and addressing critical market needs [11]

Guests can now easily pre-order our most popular fresh meals on most short-haul flights SEATTLE, June 4, 2025 /PRNewswire/ -- Alaska Airlines is excited to offer guests more of what they love on board: fresh, flavorful meals available on more flights. Starting today, Main Cabin guests on short-haul routes between 670 and 774 miles can pre-order Alaska's Signature Fruit & Cheese Platter — our most popular and most ordered meal. Joining this fan favorite on the Main Cabin short-haul menu is the beloved Jetset ...

Core Insights - AbbVie has launched the second annual AbbVie Migraine Career Catalyst Award™ contest, providing financial support to individuals living with migraine to pursue their personal, professional, and educational goals [1][5][8] - The contest aims to raise awareness about the impact of migraine in the workplace, where it is often misunderstood, and to advocate for individuals affected by this condition [2][3][9] Group 1: Contest Details - The contest is open for entries until September 2, 2025, with 20 winners receiving $2,500 each [1][5][6] - Participants can submit essays, videos, or audio clips detailing their experiences with migraine and career aspirations [4][5] - Winners from the previous year utilized their awards for various professional development activities, such as creating migraine-friendly workspaces and enhancing their skills [3][4] Group 2: Impact of Migraine - Migraine is the second leading cause of disability globally, significantly affecting productivity and career growth [2][8] - Nearly 90% of individuals with migraine report that it interferes with their work performance, highlighting the need for support beyond medical treatment [2][8] - AbbVie is the only company with three approved migraine treatment products and is committed to addressing the challenges faced by individuals living with migraine in professional settings [9][10]

Diana Shipping Inc. (NYSE: NYSE: DSX ) is a Greece-based dry bulk carrier that has been primarily engaged in the global transportation of commodities such as coal, grain, and iron ore for over twenty years. After going throughI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of the broader equity markets.Analyst’s Disclosure: I ...

Core Insights - W.W. Grainger, Inc. (GWW) is experiencing growth driven by volume increases in the High Touch Solutions segment and customer growth in the Endless Assortment segment [1][4] - The company anticipates continued top-line growth due to volume improvements and pricing actions, alongside effective inventory management and investments in e-commerce [2][8] Segment Performance - The High-Touch Solutions segment is benefiting from volume growth across all geographies and strong price realization, with an improved product mix contributing to gross margin [3][6] - The Endless Assortment segment is supported by customer acquisition and repeat customer growth at MonotaRO, as well as solid performance at Zoro [4] Financial Guidance - GWW expects earnings per share for 2025 to be between $39.00 and $41.50, indicating a 3% growth from 2024 figures, with net sales projected between $17.6 billion and $18.1 billion, reflecting a sales growth of 2.7-5.2% [5] Strategic Initiatives - The company is focused on enhancing customer experience through investments in e-commerce and digital capabilities, aiming for a personalized and efficient customer journey [9] - Strategic actions include improving product mix, reducing freight costs, and navigating supply-chain challenges to enhance margins [8] Market Position - Grainger's shares have increased by 20.6% over the past year, contrasting with a 1% decline in the industry [12]