News
Bank of Montreal May Sell Transport Finance Arm Amid Market Shift
Bank of Montreal BMO is reportedly exploring the sale of its transportation finance business, which has approximately $11 billion in assets, with an estimated valuation of $1 billion. The news was
Kewaunee Upgraded to Outperform on Nu Aire Synergies, Backlog
Kewaunee Scientific Corporation KEQU has received a recommendation upgrade to “Outperform,” based on strong acquisition execution, sustained margin improvement, a record backlog that underpins
Amazon Expands Same-Day Grocery Delivery to Steer Competition
Amazon's AMZN recent strategic expansion of its same-day grocery delivery service to more than 1,000 cities marks a transformative moment in the e-commerce giant's quest to dominate the $1.6
Applied Materials' Knee-Jerk Sell-Off Is Your Signal to Buy
Applied Materials (NASDAQ: AMAT) gave its market a reason to sell with its Q3 results. However, the 15% pre-market decline is a knee-jerk reaction to news that opens up a solid buying
Will Colgate's Innovation Drive Market Share Gains in 2025?
Colgate-Palmolive Company’s CL innovation strategy for 2025 is tightly linked to its ambition to boost market share despite ongoing macroeconomic and category growth challenges. The company is
American Financial Banks on Renewal Pricing Amid Cost Woes
American Financial Group, Inc. AFG is well-poised to gain from increased exposures, a good renewal rate environment, improved combined ratio, and prudent capital deployment.New business
Seadrill's Drillships Secure Key Contracts in the Gulf of America
Seadrill Limited SDRL, an offshore drilling contractor, has secured new drilling contracts for two of its drillships, namely West Vela and Sevan Louisiana, in the Gulf of America. The offshore
Zacks Market Edge Highlights: GDX, RING, Newmont, Agnico Eagle Mines and Harmony Gold Mining
For Immediate Release
Chicago, IL – August 15, 2025 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the
July Retail Sales in Line With Expectations
It’s a big morning for economic data this Friday, with U.S. Retail Sales and Import/Export Prices for July and Empire State manufacturing for August. Pre-market futures have not moved much on the
Honda Q1 Earnings Surpass Expectations, Revenues Rise Y/Y
Honda HMC reported earnings of 97 cents per share for the first quarter of fiscal 2026, topping the Zacks Consensus Estimate of 51 cents. The bottom line, however, declined from the year-ago
Virtus Investment's July AUM Inches Up Sequentially on Net Inflows
Virtus Investment Partners, Inc. VRTS announced its preliminary assets under management (AUM) of $170.8 billion for July 2025, up slightly from the June 30, 2025, level. The rise was primarily due
Toyota Q1 Earnings Miss Expectations, Revenues Rise Y/Y
Toyota TM reported fiscal first-quarter 2026 earnings per share of $4.47, which missed the Zacks Consensus Estimate of $4.67 and declined from the year-ago quarter’s earnings of $6.35. Consolidated
Hot & Cold Data on Retail Sales, Imports/Exports, Manufacturing
Friday, August 15, 2025It’s a big morning for economic data this Friday, with U.S. Retail Sales and Import/Export Prices for July and Empire State manufacturing for August. Pre-market futures have
LATAM Airlines July 2025 Traffic Improves Year Over Year
LATAM Airlines Group (LTM) reported a year-over-year increase in revenue passenger-kilometers (RPK: a measure of air traffic) for July 2025.
LATAM Airlines reported a 10% year-over-year increase in
Enterprise Oil Leak Temporarily Disrupts Seaway Pipeline Flows
Enterprise Products Partners L.P. (EPD) is addressing a crude oil leak at its oil terminal in southeast Houston, prompting a temporary disruption in operations on the Seaway pipeline, per a Reuters
BAC, JPM & COF-Owned Zelle App Faces Lawsuit Over Security Lapse
On Wednesday, the New York Attorney General, Letitia James, filed a lawsuit against Zelle, alleging that the payment platform failed to implement crucial safety measures, allowing fraudsters to
SBH's E-Commerce Sales Hit 11% of Net Sales: Can it Keep Rising?
Sally Beauty Holdings, Inc.’s (SBH) digital channel continues to solidify its role as a key revenue driver. In the third quarter of fiscal 2025, global e-commerce sales reached $99 million,
General Dynamics Wins $323M Deal to Support Submarine Program
General Dynamics Corp.’s (GD) business unit, Electric Boat, recently clinched a modification contract involving submarines. The award has been offered by the Naval Sea Systems Command, Washington,
Arista Networks: Cashing In as the Tollbooth for AI Traffic
Tech giants are on a historic spending spree, committing tens of billions of dollars to build out their artificial intelligence (AI) infrastructure. This massive wave of capital is flowing
Petrobras Q2 Earnings Miss on Oil Price Drop, Production Grows
Petroleo Brasileiro S.A., or Petrobras PBR, announced second-quarter earnings per ADS of 64 cents, missing the Zacks Consensus Estimate of 70 cents. The underperformance can be attributed to lower
Cardinal Health to Acquire Solaris Health for Urology Expansion
Cardinal Health CAH recently announced a definitive agreement to acquire Solaris Health, the nation’s largest urology management services organization (MSO), in a deal valued at $2.4 billion. It