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Cleveland-Cliffs shares extended a post-earnings rally, closing up nearly 9% at 11.93 dollars and building on a 16% surge in the prior session after the steelmaker's second-quarter report showed adjusted EBITDA tripling to 286 million dollars. Management guided third-quarter EBITDA to approximately 575 million …
Airbus and Boeing are preparing to boost production to deliver on record order backlogs stretching into the next decade, as the world's two largest planemakers work to overcome supply chain problems that have constrained output. The traditional competition between the companies for new plane …
Cleveland-Cliffs Inc. (NYSE: CLF) recorded a sharp share-price increase after its latest quarterly results exceeded revenue expectations and provided investors with improved visibility into operating performance. The move stood out during a broader market environment where technology and growth-oriented companies faced pressure.
Defense Sector Rotation Gains Momentum After Lockheed Martin (NYSE: LMT) and RTX (NYSE: RTX) Results
Marten Transport posted Q2 net income of $5.3 million, or 7 cents per diluted share, matching the $0.02 EPS consensus. The result shows sequential profit improvement and a tighter freight market, signaling higher pricing power but rising expense ratios for investors and operational challenges.Key …
NextBoat Inc. announced a significant change to its corporate governance structure, welcoming Zebulon Z. Hadley, IV, to its Board of Directors. Mr. Hadley’s appointment fills the seat vacated by Michael Kosloske, whose resignation became effective just days prior. This move signals a fresh perspective …
Valvoline Inc. (NYSE: VVV) announced the election of Katherine Fogertey and Scott Mezvinsky to its board, each slated to receive an annual cash retainer of $100,000. The two seasoned executives bring more than two decades of finance and franchise leadership, respectively, and their appointments …
Comfort Systems USA, Inc. (NYSE: FIX) delivered impressive financial results for the second quarter, with revenue climbing 50% to $3.27 billion. This significant growth reflects the company's effective strategies to capture demand across commercial and industrial sectors. The results indicate that Comfort Systems is …
EnerSys (NYSE: ENS) announced a major revision to its planned lithium‑ion cell factory in Greenville, South Carolina, opting for a smaller footprint while still pursuing a $150 million Department of Energy grant and a total investment of roughly $500 million. The board approved the …
Hyliion Holdings Corp. has clinched a significant contract worth approximately $42 million from the Office of Naval Research, which marks a key advancement for the company. This deal allows Hyliion to design, develop, and deliver power generation units, solidifying its position in the clean …
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