More Than $650 Million Offered as SCE Continues Relief for Community Members Impacted by Eaton Fire
Southern California Edison (SCE) announced that its Wildfire Recovery Compensation Program has offered over $650 million to community members affected by the Eaton Fire, with more than 70% of offers accepted. The program aims to provide a faster and more streamlined approach to compensation compared to traditional litigation, with offers delivered within 35 days and payments processed quickly. Over 3,500 claims have been submitted, representing nearly 10,700 individuals and entities, and the program is voluntary and open until November 30, 2026.
Honeywell Expects Uneven Earnings Progression In Next Few Year
Honeywell (NASDAQ: HON) anticipates uneven earnings progression through 2026-2028 due to continued investments, despite projecting significant growth in organic sales, EBIT, and free cash flow Looking ahead, it targets over $6.5 billion in adjusted EBIT and more than $4.0 billion in free cash flow by 2030, driven by growth in aerospace and international defense segments. The company recently unveiled new brand identities for its two businesses ahead of the planned June 29 aerospace spin-off, with Honeywell Aerospace trading under 'HONA'.
QuidelOrtho (QDEL) Up 24.1% Since Last Earnings Report: Can It Continue?
Shares of QuidelOrtho (QDEL) have increased by 24.1% since its last earnings report, outperforming the S&P 500. Despite this, the company's first-quarter 2026 adjusted loss per share and revenues were below last year's figures, though revenue did surpass the Zacks Consensus Estimate. Analyst estimates for the stock have trended downward, leading to a Zacks Rank #5 (Strong Sell).
KMB: Kenvue integration and innovation drive growth, productivity, and strong shareholder returns
Kimberly-Clark (KMB) is experiencing strong business momentum driven by innovation, premiumization, and productivity gains in both North America and international markets. The integration of Kenvue is progressing well, expected to deliver significant cost and revenue synergies. The company remains focused on achieving top-tier margins and providing strong shareholder returns.
How Is Air Products and Chemicals' Stock Performance Compared to Other Basic Materials Stocks?
Air Products and Chemicals (APD), a large-cap industrial gases provider, has largely underperformed the broader basic materials sector ETF (XLB) over the past year despite recent short-term gains. While APD's stock is up 15.3% YTD, it significantly trails XLB's 17.7% gain over 52 weeks and competitor DuPont's (DD) 66.4% surge. Analysts, however, maintain a "Moderate Buy" rating for APD with a price target indicating a 16.6% upside.
Score Free Chipotle During 2026 NBA Finals: Here's How
Chipotle Mexican Grill is offering 53,000 free burritos during the 2026 NBA Finals, celebrating the New York Knicks' last NBA title in 1973 and the San Antonio Spurs' first season. Fans can win by texting a code posted on X after the final game of the series. The promotion also features Knicks players Josh Hart and Mikal Bridges with their favorite Chipotle orders.
Cambridge biotech plans $450M IPO with Regeneron backing
Parabilis Medicines, a Cambridge-based cancer-focused biotech company, is planning a $450 million IPO with backing from Regeneron. The company has already secured over $800 million from investors including GV, Fidelity Investments, and Arch. Mathai Mammen is the CEO of Parabilis Medicines.
Target buys land in new Iredell County retail development for $755,000
Target has purchased land in Statesville for $755,000 as part of "The Gateway at Broad" retail development. The site features a 128,000-square-foot anchor space, though the retailer has not confirmed its specific plans for the location. This move follows previous land acquisitions and store updates by Target in the Charlotte area.
American Water in EEI 2026 closing keynote
American Water (NYSE: AWK) is participating in the EEI 2026 Annual Conference closing keynote discussion, focusing on the convergence of power, water, and digital infrastructure. Company leaders will address crucial topics such as reliability, affordability, resilience, and sustainability within these interconnected systems. This participation highlights American Water's ongoing commitment to industry dialogue, long-term investment, and customer-focused solutions.
Goldman Sachs and Stifel Cut Accenture (ACN) Targets Ahead of Earnings
Goldman Sachs and Stifel have both lowered their price targets for Accenture (ACN) ahead of the company's fiscal third-quarter earnings report. Goldman Sachs reduced its target to $270 from $300, citing concerns over AI's long-term impact and geopolitical uncertainty affecting IT services demand. Stifel also cut its target to $270 from $315, maintaining a Buy rating while noting market expectations are lower for the upcoming results.






