California Congressman and gubernatorial candidate Eric Swalwell has reimbursed over $200,000 from his campaign funds for childcare costs, a practice deemed permissible by the FEC but criticized by ethics experts as a 'slippery slope' blurring personal and political expenses.
The Malaysian industrial group PMB Technology Berhad (KLSE:PMBTECH) is showing signs of improving capital allocation, with its return on capital employed rising to 4.6% over five years. While still trailing the metals and mining sector average, the trend highlights the company's reinvestment strategy as it expands its asset base.
Shares of specialty materials maker ATI have rocketed over 100% in the past year, fueled by robust aerospace and defense demand. As the stock hovers near record highs, analysts are divided on whether the rally has more room to run or if valuations have stretched beyond reasonable limits.
The United States has sharply criticized South Africa's decision to expel Israel's top envoy, framing the move as counterproductive. The diplomatic rift follows Pretoria's genocide case against Israel at the International Court of Justice and marks a further deterioration in bilateral ties.
Textron's latest quarterly results and 2026 outlook, coupled with a completed $2.44 billion share repurchase and a key board appointment, suggest the industrial conglomerate is methodically recalibrating its growth and capital return priorities amidst a shifting defense and aerospace landscape.
Emerson Electric Co. kicks off its 2026 fiscal year with robust 9% underlying order growth, driven by surging demand for power generation and automation solutions from AI data centers, LNG projects, and near-shoring trends. The industrial automation leader also raises its full-year EPS guidance.
Specialty materials leader ATI capped a transformative 2025 with robust fourth-quarter results, fueled by surging aerospace and defense orders. With a bullish 2026 outlook targeting $1 billion in adjusted EBITDA, the company signals sustained momentum in key high-performance markets.
Century Aluminum has sold its idled Hawesville smelter to crypto-mining firm TeraWulf, which plans a major pivot to redevelop the site into a campus for AI and high-performance computing, signaling a tangible shift in the region's industrial landscape.
Skyworks Solutions posts strong Q1 2026 results, exceeding guidance on robust mobile and broad markets demand. The company reaffirms its transformative merger with Qorvo, targeting over $500M in synergies and expansion into aerospace and industrial markets.
A new $12 billion federal initiative aims to secure U.S. access to critical minerals, with three industrial giants positioned as early beneficiaries in a move to counter China's market dominance.
Landscaping giant BrightView (NYSE:BV) reported quarterly sales that topped analyst expectations, though a per-share loss and margin pressures highlight ongoing challenges for the industrial services firm.
Silver's historic surge to $121 an ounce was brutally reversed in a two-day collapse, exposing the fragile interplay between industrial demand and speculative frenzy. For investors, the episode underscores the non-negotiable need for a balanced strategy.
A woman has told The New York Times that Tal Alexander sexually assaulted her when she was 13, an allegation his attorney denies as 'categorically false.' The claim surfaces as Alexander and his brothers stand trial on federal sex trafficking charges.
Benchmark Electronics (NYSE:BHE) delivered a robust fourth-quarter performance for 2025, with revenue and earnings surpassing analyst forecasts. The electronics manufacturing services provider also issued forward guidance that exceeded expectations, signaling potential momentum despite a challenging macro environment for industrial tech.
A federal magistrate has ordered a Minnesota man to remain in custody until trial for allegedly spraying Rep. Ilhan Omar with a liquid during a town hall, with the court citing community safety concerns over the politically charged incident.
Citizens analyst Brian McKenna raises Main Street Capital's price target to $74, citing its scale and diversified portfolio as key drivers for steady growth in a shifting private capital landscape. The firm's recent full exit from KBK Industries underscores its successful investment strategy.
Famed 'Big Short' investor Michael Burry has taken a significant long position in GameStop, praising CEO Ryan Cohen's leadership while simultaneously hedging with bearish bets on tech giants Palantir and Nvidia. The move has reignited debate over the retailer's future and the influence of contrarian investors in volatile markets.
Shopify updates its partner program with stricter data usage rules for AI training while CEO Tobi Lütke emphasizes integrating founders from acquisitions into key leadership roles, signaling a dual strategy of data control and entrepreneurial innovation.
EastGroup Properties (EGP), a leading industrial REIT focused on the Sunbelt, has seen its shares climb to $180.44, delivering a solid one-year total return of 10.69%. This performance brings its valuation into sharp focus, with a narrative fair value estimate of $199.84 suggesting potential upside, yet a lofty P/E ratio of 38.7x signaling significant growth expectations priced in.
As Kennametal prepares to report earnings, its reaffirmed quarterly dividend underscores financial stability. Yet, with shares having rallied sharply, investors are weighing whether the industrial toolmaker's modest growth outlook justifies its valuation and what its capital priorities truly are.
