Latest Corporate News News
Global Partners Declares Q1 2026 Cash Distribution of $0.7650 per Unit
Global Partners LP announced a cash distribution of $0.7650 per common unit for Q1 2026, equating to $3.06 annualized, payable May 15 to holders of record on May 11. The company will release Q1 financial results on May 8 and host a conference call at 10:00 a.m. ET.
They also filed their 2025 Annual Report on Form 10-K on February 27.
International Paper Reports Q1 2026 Results with $5.97B Net Sales
International Paper posted Q1 2026 net sales of $5.97 billion and earnings from continuing operations of $76 million. Adjusted EBITDA was $677 million; they received $1.1 billion from selling Global Cellulose Fibers and reduced debt by $660 million.
Full-year 2026 Adjusted EBITDA target is $3.20-$3.50 billion.
ING Posts Q1 2026 Net Result of €1,556 Million
ING reported a Q1 2026 profit before tax of €2,258 million, up 6% year-on-year, with net result at €1,556 million. Growth driven by commercial net interest income and 13% fee income rise in Retail and Wholesale Banking.
Announced €1.0 billion share buyback; CET1 ratio at 13.0%.
Global Smartphone Shipments Hit 298.5 Million Units in Q1 2026
Global smartphone shipments reached 298.5 million units in Q1 2026, up 1% year-on-year per Omdia data cited by Jin10. This marks modest growth in the sector amid competitive markets.
Shipments reflect ongoing demand for mobile devices worldwide.
Oil Prices Retreat After Hitting Four-Year High on US-Iran War Fears
Brent crude hit $126.41/barrel, a four-year high, but settled at $114.01 after easing 3.41% on April 30 amid US-Iran conflict concerns. Fears of prolonged Middle East supply disruptions drove volatility; WTI closed at $105.07.
Prices doubled since late February conflict, linked to Strait of Hormuz issues.
Global Partners Schedules Q1 2026 Financial Results Conference Call
Global Partners LP will release Q1 2026 results before market open on May 8, 2026. Conference call at 10:00 a.m. ET with CEO Eric Slifka, CFO Gregory B. Hanson, and COO Mark Romaine.
Investors can access details via investor relations site.
International Paper Receives $1.1B from Global Cellulose Fibers Sale
International Paper sold its Global Cellulose Fibers business, netting $1.1 billion proceeds and using $660 million to pay down debt. This contributed to Q1 cash from operations of $611 million and free cash flow of $94 million.
Q2 Adjusted EBITDA target: $520-$570 million.
ING Announces €1.0 Billion Share Buyback Program
ING launched a €1.0 billion share buyback, returning excess capital above 13% target to shareholders. Supported by strong Q1 performance with 13.9% four-quarter RO TE.
CEO highlighted growth in customer bases and trading activity.
Global Partners Files 2025 Annual Report on Form 10-K
Global Partners LP filed its 2025 Annual Report on Form 10-K with the SEC on February 27, 2026. Report available on investor relations website and sec.gov.
Provides full-year financials for ended December 31, 2025.
Pitcairn Strategist Predicts Long-Term Gold Price Rise
Rick Pitcairn, Pitcairn chief global strategist, forecasts gold performing well long-term due to central banks' debts. Shared on Fox Business' 'The Claman Countdown'.
Reflects broader market views on commodities amid economic pressures.
Yahoo Finance Covers Daily Markets on May 1, 2026
Yahoo Finance streamed daily market coverage for May 1, 2026, from 3PM-5PM ET. Provides stock data, news, and portfolio tools for investors.
Includes updates on global financial markets and corporate developments.