Par Pacific Holdings reported a net income of $54.5 million for Q1 2026, a significant turnaround from a loss of $30.4 million in Q1 2025. The company saw strong performance across its refining segments, with record throughput in Hawaii and the start of commercial operations at its Hawaii renewable fuels facility in April. Adjusted EBITDA rose to $91.5 million, driven by improved margins and higher throughput. Par Pacific also repurchased $28 million of stock and maintains strong liquidity with $172.2 million in cash and $937.7 million total liquidity, positioning it well for continued growth amid favorable market conditions.
Business Development Companies (BDCs) must distribute at least 90% of taxable income, mostly as ordinary income, which is heavily taxed in taxable accounts. Three BDCs—Ares Capital, Hercules Capital, and Capital Southwest—offer high yields near or ab...
Investors holding high-yield BDCs, REITs, and MLPs in taxable accounts face significant tax costs because their dividends are taxed as ordinary income rather than qualified dividends. For example, at a 24% federal tax bracket, $50,000 in dividend inc...
Dick's Sporting Goods reported second-quarter revenue of $5.59 billion, missing Wall Street expectations and lowering its sales outlook due to a challenging athletic footwear and apparel market. While Dick's stores saw 4.9% comparable sales growth, F...
Jackpot Digital has successfully installed two dealerless electronic poker tables, Jackpot Blitz®, at the Inn of the Mountain Gods Resort & Casino in New Mexico, a property owned by the Mescalero Apache Tribe. These advanced tables automate poker gam...
Oracle, Alphabet, and Amazon all reported strong cloud revenue growth driven by AI infrastructure demand, with Oracle's cloud segment growing 93%, Alphabet's Google Cloud accelerating to 82%, and Amazon's AWS posting its fastest growth in 18 quarters...
