Madison Pacific Properties Inc. announced a net income of $11.3 million for Q1 2026, up from $6.2 million in the same period last year. The increase was driven by a $6.1 million interest recovery from a tax appeal settlement with the Canada Revenue Agency, gains from fair value adjustments on investment properties, and interest rate swaps. The company owns $787 million in investment properties with high occupancy rates and holds development land in British Columbia. This strong start to 2026 reflects improved financial health and ongoing property portfolio growth.
Iran's key oil export terminal at Kharg Island has not loaded any oil tankers for four consecutive days, an unprecedented event since the conflict began. This halt may indicate a shortage of storage and tankers, possibly caused by a US naval blockade...
Kayne Anderson Energy Infrastructure Fund has appointed Michael J. Hennigan as an independent director following recent retirements on its board. Hennigan brings decades of leadership experience in the energy sector, including roles as CEO of Maratho...
Marathon Petroleum announced leadership changes effective May 25, 2026, naming Brian Worthington as vice president of Investor Relations, succeeding Kristina Kazarian. Kazarian will become vice president of Finance and Treasurer, expanding her role i...
