Earnings call transcript: KeyCorp beats Q1 2026 forecasts, stock dips
KeyCorp reported strong first-quarter 2026 earnings, surpassing Wall Street expectations for both EPS ($0.44 vs. $0.42) and revenue ($1.95 billion vs. $1.94 billion). Despite these positive results, the stock dipped 1.53% in pre-market trading, reflecting broader market sentiment. The company highlighted improved net interest margin, record investment banking fees, and updated its full-year guidance for NII and loan growth upwards.
Duke Energy Foundation announces first round of America250 grants to strengthen Florida communities
The Duke Energy Foundation has awarded $22,500 in grants to five Florida nonprofit organizations as part of its America250 initiative, a broader $1 million investment across its service area. These grants aim to strengthen communities by supporting projects like affordable housing, ADA-compliant boardwalks, independence day celebrations, community cleanups, and providing meals for veterans. This initial round highlights the foundation's commitment to local community development and engagement as the nation approaches its 250th anniversary.
Five Florida groups win Duke grants for housing, veterans, beach access
The Duke Energy Foundation has awarded $22,500 to five Florida nonprofits as part of its America250 grants, supporting initiatives like affordable housing, ADA-compliant beach access, veteran assistance, and community cleanups. This first round of Florida grants is part of a larger $250,000 initial investment across Duke Energy's service area, with a total commitment exceeding $1 million for the America250 initiative. The funding aims to strengthen communities by addressing local needs and celebrating American independence.
Cheddar’s Scratch Kitchen to Open May 11 at former Bahama Breeze Location in Gainesville
Cheddar’s Scratch Kitchen is scheduled to open its first Gainesville location on May 11 at the former Bahama Breeze site in Butler Plaza North. This move is part of Darden Restaurants' strategy to convert some Bahama Breeze locations into Cheddar's Scratch Kitchens after closing all 28 Bahama Breeze restaurants in April 2025. The new restaurant will offer made-from-scratch American comfort food.
Exelon CEO says ComEd unit is going to increase load in Illinois by 19 gigawatts by 2030 - Semafor event
Exelon's CEO announced at a Semafor event that its ComEd unit plans to increase its load in Illinois by 19 gigawatts by the year 2030. This significant increase in load highlights the company's projected growth and infrastructure development in the state. The article also provides recent analyst ratings and price target adjustments for Exelon Corporation.
Vertical Aerospace completes first two-way piloted transition flight (EVTL:NYSE)
Vertical Aerospace (EVTL) announced the successful completion of its first two-way piloted transition flight in a full-scale tiltrotor eVTOL, marking a significant milestone in civil aviation. This achievement led to a rise in the company's premarket trading. The flight represents a key step for the company in the development of its electric vertical takeoff and landing aircraft.
Jim Cramer on Element Solutions: “We Think It’s a Very, Very Good Company”
Jim Cramer expressed a positive outlook on Element Solutions Inc (NYSE: ESI), a specialty chemicals company, despite its stagnant performance over the last five years. He highlighted recent improvements in sales and earnings growth, noting that it trades at a lower valuation compared to Qnity. Cramer advised that Element Solutions is a good option for investors looking to enter the chemical space, particularly benefiting from current semiconductor and geopolitical demand, but acknowledged potential risks if these conditions change.
Illinois American Water and American Water Charitable Foundation Provide Over $1.2 Million in Community Support Across Illinois in 2025
Illinois American Water and the American Water Charitable Foundation together provided over $1.2 million in community support across Illinois in 2025. This support included grants, charitable contributions, and programming support for 195 organizations, with specific allocations for fire and rescue, health and wellness, and community sustainability organizations. Employees also volunteered significant hours and raised funds for charitable causes.
195 Illinois groups got $1.2M from Illinois American Water in 2025
Illinois American Water and the American Water Charitable Foundation provided over $1.2 million in community support across Illinois in 2025. This included $785,000 from the company and $411,000 from the foundation, benefiting 195 organizations. Key areas of support were customer assistance, public safety, health, sustainability, and employee volunteering.
NetApp (NTAP) Partners with Google Cloud for Enhanced Storage Solutions
NetApp Inc. (NTAP) has announced a four-year partnership with Google Cloud to integrate storage solutions within the Google Distributed Cloud (GDC) framework, focusing on public sector modernization with enhanced security and compliance. The company has a GF Score of 91/100, indicating strong overall financial performance, particularly in profitability and growth. Despite insider selling activity totaling $0.3 million over the past three months, NetApp's current P/E ratio suggests a reasonable valuation.