FreightCar America reported Q1 2026 revenues of $64.3 million with a gross margin of 16.8%, marking its highest quarterly gross margin in over a decade. Despite lower railcar deliveries compared to last year, the company saw an 86% growth in aftermarket revenue and a 14% increase in backlog, signaling strong demand and operational flexibility. FreightCar America reaffirmed its 2026 outlook with expected railcar deliveries of 4,000-4,500 units and revenue between $500-$550 million. The company is positioned to capitalize on aging fleets and replacement demand through its diversified railcar services and aftermarket business.
The Dolphin Company's current management proposed selling its main assets in Mexico to Delphinus Blue Planet, a Grupo Xcaret subsidiary, for $20 million. This deal would give Delphinus control over more than 90% of dolphin habitats in Mexico, creatin...
Johnson & Johnson has reached a historic $5.5 billion settlement to resolve claims from about 70,000 women and families alleging its talc products, including Johnson's Baby Powder, contained asbestos and caused cancers such as ovarian cancer and meso...
Catalyst Acquisition Corp. announced the pricing of its initial public offering (IPO) at $10 per unit, raising $200 million by offering 20 million units. The units, each including one Class A ordinary share and a partial share right, will begin tradi...
The US dollar index surged to a 13-month high driven by growing speculation of a Federal Reserve rate hike amid persistent inflation and high energy prices. This strengthened dollar has pressured Bitcoin and Ethereum, which typically move inversely t...
Highlander Silver has transformed into a debt-free precious metals company with diversified assets including Mercedes, Corani, and San Luis. The acquisition of Bear Creek reset its capital structure, eliminating debt and burdensome streams, positioni...
