L3Harris Technologies (NYSE:LHX) announced the closure of a $1 billion strategic investment from the Department of Defense (DoD) into its newly formed Missile Solutions (MSL) business.
The Deal with Alex Rodriguez and Jason Kelly showcases intimate conversations with business titans and sports champions that reveal their investment philosophies, missed opportunities and more.
American Airlines announced it expects $4 billion in additional expenses due to rising jet fuel prices but plans to raise fares to offset these costs, maintaining some of the price increases even if fuel prices return to prewar levels. Siddharth Philip has more on "Bloomberg Open Interest."
Higher fuel prices due to the war in Iran are weighing on American Airlines. The carrier lowered its full-year earnings target even after beating on earnings for the quarter. Bloomberg's Siddharth Phillip reports.
Applications for US unemployment benefits increased by 6,000 to 214,000 last week but remain at a level consistent with low layoffs. Michael McKee reports on Bloomberg Television.
Daan Struyven, global commodities research co-head at Goldman Sachs, says oil bottlenecks and supply chain logistics related to the Strait of Hormuz put the global oil market on track to reach the lowest-ever level for global visible inventories, which "implies some upside risks to our forecasts."
PENN Entertainment (NASDAQ:PENN), a leading provider of integrated entertainment, sports content, and casino gaming, reported financial results for the first quarter ended March 31, 2026, showcasing a narrowing loss and strong digital momentum.
Business activity in the euro area unexpectedly shrank for the first time since late 2024 due to a steep drop in the services sector as the Iran war weighs on consumers. The Composite PMI compiled by S&P Global declined to 48.6 in April from 50.7 the previous month, dropping below the 50 threshold separating growth from contraction. In the UK PMI data showed that the private sector quickly bounced back from a slowdown caused by the Iran war as firms rushing to secure supplies and price pressures mounting. Hugh Gimber, Global Market Strategist, JP Morgan joined Stephen Carroll on Bloomberg Radio to discuss. he says business costs are 'rising sharply.'
Altisource Portfolio Solutions (NASDAQ:ASPS) delivered a robust performance for the first quarter of 2026, marking a pivotal turn in its operational efficiency and market positioning.
Helen of Troy (NASDAQ:HELE), the designer and marketer of brands including OXO, Hydro Flask, and Osprey, reported a challenging fourth quarter for fiscal 2026, marked by significant non-cash charges and persistent macroeconomic pressure.
Lockheed Martin (NYSE:LMT) today revealed a solid start to the 2026 fiscal year, navigating a heavy investment phase as it scales production to meet global defense requirements.
FirstCash Holdings (NASDAQ:FCFS), the international operator of more than 3,300 retail pawn stores, delivered record-breaking results for the first quarter ended March 31, 2026.
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