Japan's core inflation reached 1.6% in June, matching expectations, driven by rising energy prices despite government subsidies. Headline inflation increased to 1.7%, while core-core inflation, excluding fresh food and energy, fell to 1.7%. The weak yen and Middle East energy supply issues have pushed import costs higher, with petroleum import values up over 59% year-on-year. The Bank of Japan is monitoring inflation risks closely and may consider faster interest rate hikes if inflation accelerates due to these pressures.
STMicroelectronics saw its stock drop following a third-quarter revenue forecast of $3.70 billion that missed analyst expectations, causing the largest intraday decline since July 2025. Barclays analyst Simon Coles lowered the price target to $60, th...
Tompkins Financial Corporation reported strong Q2 2026 results with earnings per share of $2.04, a 36% increase year-over-year, surpassing analyst estimates of $1.82. Quarterly revenue reached $87.12 million, also beating expectations and showing con...
Matador Resources Company, an independent oil and gas producer focused on the Delaware Basin, announced a quarterly cash dividend on July 22, 2026. UBS maintained a "Neutral" rating on the stock but lowered its price target from $62 to $56, implying ...
Morgan Stanley increased its price target for Ryder System to $320, reflecting an 18.27% potential upside based on strong Q2 results. Ryder reported its seventh consecutive quarter of earnings-per-share growth with Q2 EPS of $3.73, beating estimates....
Choice Properties Real Estate Investment Trust reported strong Q2 2026 results, including a 19% average leasing spread and 97.7% portfolio occupancy. The company also saw a 2.8% growth in same-asset net operating income, reflecting solid demand and e...
