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Hershey tops quarterly estimates as higher prices, salty snacks demand cushion hit from costs
April 30 (Reuters) - Hershey HSY.N on Thursday beat Wall Street expectations for quarterly revenue and profit as higher prices and demand for its chocolates and snacks helped offset rising commodities costs.Like other snack makers, Hershey has been investing in marketing and product innovation focus...Reuters
Thu, Apr 30
PRECIOUS-Gold climbs from one-month low as dollar eases; investors assess Iran tensions
Trump to be briefed on military options against Iran, says reportFed leaves rate steady on inflation concernsPersonal Consumption Expenditures data due at 1230 GMTBy Pablo Sinha April 30 (Reuters) - Gold prices jumped on Thursday as the dollar eased and oil prices ticked lower, with some analysts...Reuters
Thu, Apr 30
Hong Kong's Aurelion posts Q2 operating income on gold gains
OverviewHong Kong digital gold treasury firm posted fiscal Q2 operating income, driven by gold price gainsNet income for six months ended March 31, 2026, reached $16.7 mlnCompany joined XAUE protocol and launched AI agent Duncan.Aure during the quarterOutlookCompany did not provide specific financia...Reuters
Thu, Apr 30
Mastercard profit climbs on steady transaction volumes
April 30 (Reuters) - Mastercard MA.N posted a jump in first-quarter profit on Thursday, as resilient consumer spending ensured sustained transaction volumes on its network.Its net income climbed to $3.9 billion, or $4.35 per share, in the quarter, compared with $3.3 billion, or $3.59 per share, a ye...Reuters
Thu, Apr 30
US company aims to resurrect bluebuck antelope that was hunted to extinction
Colossal Biosciences specializes in 'de-extinction'The bluebuck once roamed South Africa's southern coastEuropean settlers wiped out the species by about 1800Colossal created genetically engineered dire wolvesBy Will Dunham WASHINGTON, April 30 (Reuters) - The bluebuck, an antelope wi...Reuters
Thu, Apr 30
US railroads seek approval for $85 billion merger
WASHINGTON, April 30 (Reuters) - Union Pacific UNP.N and Norfolk Southern NSC.N on Thursday submitted a revised merger application with the Surface Transportation Board, seeking approval of its $85 billion tie-up to create the first U.S. coast-to-coast freight rail operator.The railroads said the de...Reuters
Thu, Apr 30
Box maker Smurfit Westrock's profit hit by bad weather, shares fall
Group maintains profit outlook, citing better operating environmentIncreased prices for European, US customers in March and AprilReview of London listing may result in it leaving the exchangeDUBLIN, April 30 (Reuters) - Smurfit Westrock's SW.N core profit fell by more than the cardboard box make...Reuters
Thu, Apr 30
Distribution Solutions Q1 revenue rises 3.8%, beats estimates
OverviewUS specialty distributor's Q1 revenue rose 3.8%, beating analyst expectationsAdjusted EPS for Q1 beat analyst expectationsCompany completed acquisition of Eastern Valve & Control Specialties in CanadaOutlookCompany did not provide specific guidance for the current quarter or full yea...Reuters
Thu, Apr 30
OGE Energy unit to power three new Google data centers in Oklahoma
April 30 (Reuters) - OG&E, a unit of OGE Energy OGE.N, said on Thursday it will supply electricity to three new Google data centers in Oklahoma announced last year to support grid stability. Increased power demand from data centers has strained electricity grids across the U.S., forcing tech ...Reuters
Thu, Apr 30
DTE Energy misses quarterly profit estimates as energy trading unit swings to loss
April 30 (Reuters) - U.S. Midwest utility DTE Energy DTE.N missed Wall Street estimates for first-quarter profit on Thursday, as a swing to a loss in its energy trading business offset stronger earnings from its electric utility unit.DTE said it has invested more than $1.2 billion in its utilities d...Reuters
Thu, Apr 30
Gold: Inflation hedge as energy shocks bite – BNY
BNY’s Bob Savage points out that Gold is gaining alongside Steel as Brent Oil surges to multi‑year highs and Middle East tensions intensify. Elevated energy costs are feeding directly into Euro area and French inflation, while producer prices in several economies show renewed momentum.Fxstreet
Thu, Apr 30
Cannabis operator Verano's Q1 revenue beats estimates, marging hit by promotions
OverviewU.S. cannabis operator's Q1 revenue rose sequentially, beating analyst expectationsAdjusted EBITDA for Q1 missed analyst expectations, margin was 24%Company announced $20 mln share repurchase authorizationOutlookCompany reiterates 2026 capital expenditures guidance of $30 mln to $50 mlnV...Reuters
Thu, Apr 30
Kirby Q1 revenue beats estimates on improved demand, limited barge availability
OverviewU.S. tank barge operator's Q1 revenue rose slightly, beating analyst expectationsQ1 EPS increased 13% yr/yr to $1.50Company acquired 23 barges and three boats for $95.8 mlnOutlookKirby raises 2026 full-year EPS growth guidance to 5%-15%, up from 0%-12%Company expects 2026 net cash from o...Reuters
Thu, Apr 30
Valero Energy beats profit estimates on strong refining performance
April 30 (Reuters) - U.S. refiner Valero Energy VLO.N surpassed Wall Street expectations for first-quarter adjusted profit on Thursday, helped by strength in its refining segment, margins and throughput volumes.Diesel and jet fuel margins climbed sharply in the first quarter after U.S.-Israeli attac...Reuters
Thu, Apr 30
Oil refiner PBF Energy's Q1 adjusted loss widens more than expected
OverviewU.S. oil refiner's Q1 revenue rose and beat analyst expectationsAdjusted net loss for Q1 was larger than analyst consensusCompany declared quarterly dividend of $0.275 per share; Martinez refinery restart on trackOutlookPBF expects Martinez refinery to reach full planned rates in early M...Reuters
Thu, Apr 30
Iran's Supreme Leader Mojtaba Khamenei says new management of Strait of Hormuz 'will bring calm'
April 30 (Reuters) - Iran's new Supreme Leader Mojtaba Khamenei said in a published written message on Thursday that a new chapter for the Gulf and Strait of Hormuz has been taking shape since the Iran war with the United States and Israel broke out on February 28. Iran's Supreme Leader said...Reuters
Thu, Apr 30
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