Florida News

Business

Cavco Industries Posts Strong Q1 2026 Results on Surging Demand and Strategic Execution

Cavco Industries (CVCO) reported robust first-quarter fiscal 2026 earnings, with revenue climbing 9.5% year-over-year and operating profit jumping approximately 50%. The manufactured housing leader credited strategic production increases, improved pricing, and a rebound in its financial services segment for the strong performance, while also highlighting its pending acquisition of American Homestar.

Jan 30, 2026

Business

Bitcoin Tumbles Below $82,000 as Broader Market Sell-Off Intensifies

Bitcoin's sharp decline this week mirrors a wider market rout, with analysts pointing to a confluence of geopolitical tensions, policy fears, and tech sector volatility as key drivers. The sell-off raises fresh questions about near-term support levels for the flagship cryptocurrency.

Jan 30, 2026

Business

Electricity Bills Set to Keep Climbing Through 2026, Experts Warn Relief Is Not on the Horizon

With rising demand, grid investments, and volatile fuel costs, electricity prices are outpacing wage growth, squeezing not just low-income but now middle-class households. Policy interventions face long lead times, leaving little hope for near-term bill relief.

Jan 30, 2026

Business

Axon Enterprise Shares Tumble Amid Broad SaaS Sell-Off, Despite Strong Fundamentals

Axon Enterprise stock fell sharply this week, caught in a sector-wide downturn for software stocks driven by AI disruption fears and valuation concerns, despite a lack of company-specific negative news.

Jan 30, 2026

Business

Producer Prices Surge, Undermining Trump's 'Solved' Inflation Claim

A sharp, unexpected jump in wholesale prices complicates the White House's economic narrative and its pressure campaign on the Federal Reserve for rate cuts.

Jan 30, 2026

Business

Gas Prices Climb for Second Straight Week in Lower Atlantic States

Drivers across the Southeast are feeling the pinch as average pump prices in the Lower Atlantic region rose to $2.75 per gallon this week, continuing an upward trend that analysts link to seasonal demand and refinery adjustments.

Jan 30, 2026

Business

Maryland Sees Sharp Drop in Weekly Jobless Claims, Outpacing National Trend

New unemployment filings in Maryland fell significantly last week, offering a spot of positive news for the state's labor market as national claims also edged lower.

Jan 30, 2026

Business

Business First Bancshares Announces Quarterly Dividend, Signals Confidence Amid Growth Forecast

The Louisiana-based bank holding company declares a $0.15 per share dividend payable in February, as analysts project strong earnings growth and a sustainable payout ratio.

Jan 30, 2026

Business

Election Integrity in Focus: Watchdog Warns of Foreign Funding, Noncitizen Voting Ahead of Midterms

As states finalize legislation before the 2026 elections, a conservative-leaning watchdog group highlights vulnerabilities in the voting system, pushing for reforms to curb foreign influence and clarify citizenship requirements for voters.

Jan 30, 2026

Business

Meritage Homes Navigates 'Softer' Housing Market, Prioritizes Margins Over Volume

Meritage Homes concluded a challenging 2025, citing affordability pressures and waning buyer confidence. While maintaining a cautious stance on incentives, the homebuilder is expanding its community footprint and boosting shareholder returns, betting on long-term demographic demand.

Jan 30, 2026

Business

Colony Bankcorp Posts Strong Q4, Eyes Growth from TC Federal Merger and Fee-Based Lines

Colony Bankcorp (CBAN) reported improved operating performance in Q4 2025, with executives detailing on-track integration of TC Federal and momentum in fee-based businesses. The bank targets a 1.20% return on assets for 2026 and signals appetite for further acquisitions.

Jan 30, 2026

Business

Saks OFF 5TH Slashes Store Footprint, Closing Dozens of Outlets in Bankruptcy Restructuring

Saks Global, the parent of luxury retailers Saks Fifth Avenue and Neiman Marcus, will shutter the vast majority of its Saks OFF 5TH off-price stores and all Last Call locations, marking a dramatic retreat from the discount luxury sector as it navigates Chapter 11.

Jan 30, 2026

Business

JPMorgan Boosts Celsius Target on PepsiCo Deal Momentum, Sees Alani Nu as Growth Engine

JPMorgan raises its price target for Celsius Holdings (CELH) to $77, citing upside potential from its deepening PepsiCo partnership and the expanding distribution of its Alani Nu brand ahead of Q4 earnings.

Feb 2, 2026

Business

Piper Sandler Trims Price Target for Black Diamond Therapeutics Amid Model Review, Despite Recent Clinical Wins

Analyst Piper Sandler has lowered its price target on Black Diamond Therapeutics (BDTX) while maintaining an Overweight rating, following a broad review of its biotech coverage. The adjustment comes even as the company recently reported encouraging Phase 2 data for its lead oncology drug candidate.

Feb 2, 2026

World

Pressure Mounts on Lord Mandelson to Resign from House of Lords Amid Deepening Epstein Scandal Fallout

Former UK ambassador to Washington, Peter Mandelson, faces intensifying political and public pressure to relinquish his lifetime seat in the House of Lords following new revelations about his financial and personal ties to the late convicted sex offender Jeffrey Epstein. Prime Minister Keir Starmer has called for his resignation, as documents suggest payments and close correspondence between the two.

Feb 2, 2026

US

Appeals Court Rejects DOJ Misconduct Complaint Against Federal Judge, Citing Lack of Evidence

A federal appeals court has dismissed a Justice Department misconduct complaint against U.S. District Judge James Boasberg, ruling the government failed to substantiate its allegations regarding the judge's public comments.

Feb 2, 2026

Business

Aptiv Gains Analyst Favor as Strategic Shift Yields 'More Realistic' Growth Outlook

Aptiv PLC sees mixed but upwardly revised price targets from major analysts, with Piper Sandler upgrading the auto tech supplier to Overweight and naming it a top pick for 2026, citing its pragmatic strategy and attractive valuation.

Feb 2, 2026

Business

Analysts Bullish on Ardelyx Ahead of Q4 Earnings, Citing Blockbuster Potential for Key Drug

Ardelyx, Inc. (NASDAQ: ARDX) has received significant analyst upgrades, with TD Cowen and Jefferies raising price targets ahead of the company's fourth-quarter results. The optimism centers on the commercial trajectory of its flagship drug, tenapanor, for gastrointestinal and kidney conditions.

Feb 2, 2026

Business

Taysha Gene Therapies Gains Momentum as Wells Fargo Raises Target on Rett Syndrome Program

Wells Fargo boosts its price target for Taysha Gene Therapies (TSHA), citing strong progress in its pivotal Rett syndrome gene therapy program. The company has dosed the first patient in a key trial phase and received FDA alignment on its regulatory pathway.

Feb 2, 2026

Business

Janux Therapeutics Downgraded as Key Drug Data Gaps Raise Platform Concerns

Clear Street downgrades Janux Therapeutics (JANX) to Hold, slashing its price target amid concerns over a lack of durability data for its lead candidate JANX007 and rising competitive pressures, despite a recent major collaboration deal with Bristol Myers Squibb.

Feb 2, 2026