Weyco Group reported flat net sales of $68 million for Q1 2026 but achieved a 10% increase in net earnings to $6.1 million, driven by improved operating earnings and cost reductions. The company faced gross margin pressure from tariffs imposed in 2025, though recent U.S. Supreme Court rulings may allow tariff refunds, easing future cost burdens. Florsheim brand sales grew, offsetting declines in other brands, while the company raised its quarterly dividend by 4%. Weyco remains cautious amid evolving U.S. trade policies but is actively managing pricing and costs to sustain profitability.
After the US and Iran reached a deal expected to reopen the Strait of Hormuz, the world's largest tanker owner, Mitsui OSK Lines, cautions that shipping companies will wait for proof the agreement works before resuming normal traffic. The strait is c...
YieldMax ETFs have announced their weekly distributions for Group 1 ETFs, with distribution rates ranging from about 25% to over 65%. These ETFs focus on option income strategies across sectors like semiconductors, AI, crypto, and metals. Investors s...
QTREX Quantum Ltd announced that its Additively Manufactured Electronics (AME) technology achieved a 97% yield validation at a major U.S. interconnect manufacturer. This milestone confirms the technology's readiness for high-demand production environ...
Clean Energy Fuels Corp. secured contracts to design and install liquefied natural gas (LNG) fueling systems in Puerto Rico, supporting a pharmaceutical manufacturer and P.R. Energy Partners' luxury residential and hotel operations. These projects wi...
Epson introduced the WorkForce Enterprise AM-C10000, a high-speed color multifunction printer capable of printing 100 ISO pages per minute, designed for busy offices and print services requiring precise color control. It supports heavy workloads with...
