Cabot Corporation announced second quarter fiscal 2026 results with diluted EPS of $1.27 and adjusted EPS of $1.61, reflecting strong execution despite market challenges. The company saw growth in its battery materials segment and increased dividend by 5%, raising the annual payout to $1.89 per share. Cabot plans to optimize its global manufacturing footprint by closing operations in South America and Europe to save $22 million annually. The company reaffirmed its full-year adjusted EPS guidance of $6.00 to $6.50, while maintaining a strong balance sheet with $1.3 billion liquidity.
Charles Schwab announced record second-quarter results with $7.07 billion in revenue and $1.62 adjusted EPS, a 42% increase year-over-year. The company added 1.4 million new brokerage accounts and $120 billion in net new assets, signaling strong clie...
D.R. Horton reported strong quarterly earnings with an EPS of $3.20 and revenue of $9.23 billion, both exceeding analyst expectations. The results were driven by a 4% increase in home-closing volumes, totaling nearly 24,000 homes, along with contribu...
The U.S. Small Business Administration (SBA) announced a $6 million grant competition to fund the Women’s Business Center (WBC) Modernization Initiative. This initiative aims to expand statewide support networks for women entrepreneurs in eight state...
Copart's stock is under pressure following a Barclays analyst downgrade to a $26 price target and significant insider selling by a company director. The company faces a securities fraud investigation after CEO Jeff Liaw's resignation, which caused an...
Charles Schwab reported strong Q2 2026 results with earnings per share of $1.62, exceeding estimates and marking a 42% increase year-over-year. The company achieved record quarterly revenue of $7.07 billion, driven by increased trading activity and h...
