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KEPCO Q1 net profit up 6.7 pct on cost-saving efforts

The state-run Korea Electric Power Corp. (KEPCO) reported a 6.7 percent year-on-year increase in net profit for the first quarter of 2026, reaching 2.51 trillion won ($1.7 billion). This growth was attributed to successful cost-saving efforts, despite minimal increases in sales. While global energy price surges from late February were not fully reflected in Q1 earnings, KEPCO anticipates their impact in the second quarter and continues to face significant debt.

Source: The Korea Herald
May 13, 2026 | 21:13:55
Category: General

Darden Restaurants stock (US2371941053): Declares $1.50 dividend payable May 1

Darden Restaurants (US2371941053) has declared a quarterly cash dividend of $1.50 per share, payable on May 1, 2026. The stock gained 1.70% to $199.12 on May 12, following third-quarter fiscal 2026 revenue of $3.35 billion. The company operates numerous casual dining chains, including Olive Garden and LongHorn Steakhouse, with Olive Garden being its largest revenue contributor.

Source: AD HOC NEWS
May 13, 2026 | 19:22:34
Category: General

Vistra stock (US92840V1017): Utility giant beats earnings, holds analyst 'Buy' despite recent pullba

Vistra Corp. significantly surpassed analyst earnings estimates recently, reporting $2.87 EPS against a $1.32 consensus. Despite this strong performance, the stock experienced a 10.4% decline over the past month and a 16.05% drop over the last 52 weeks, contrasting with a broader market rally. Analysts maintain a "Buy" rating with a price target of $233.93, indicating potential upside, while institutional investors show continued interest in the company.

Source: AD HOC NEWS
May 13, 2026 | 19:22:46
Category: General

Centene Corp stock (US15133V1035): Shares surge 6% to $59.31

Centene Corp (US15133V1035) stock surged 6% on May 12, 2026, closing at $59.31, driven by an ongoing recovery in the health insurance sector. The managed care organization, a leading player in government-sponsored healthcare programs like Medicaid and Medicare, demonstrates resilience for US investors. Its strong market position and focus on these critical segments make it a significant healthcare equity despite sector volatility.

Source: AD HOC NEWS
May 13, 2026 | 19:23:23
Category: General

Caterpillar adding 600 jobs at Lee County plant near Sanford build compact track loaders

Caterpillar announced plans to add 600 production jobs at its Lee County plant near Sanford, North Carolina. These new roles, across all shifts, will focus on building compact track loaders, with starting wages around $18 per hour and higher pay for skilled positions like welding. The company, which has been in the Sanford area for over 25 years and currently employs about 2,000 workers, will provide on-the-job training and does not require prior manufacturing experience.

Source: CBS17.com
May 13, 2026 | 19:24:12
Category: General

Progressive stock (US7433151039): Q1 earnings beat, new CFO, and $25M buyback renewal

Progressive Corp reported strong Q1 2026 earnings, surpassing analyst expectations with an EPS of $4.80. The company also announced a new chief financial officer and renewed its $25 million share repurchase program, alongside a declared quarterly dividend of $0.10 per share. These actions reflect management's confidence in financial performance and commitment to shareholder returns, supported by a 6.5% year-over-year revenue increase.

Source: AD HOC NEWS
May 13, 2026 | 19:24:17
Category: General

PPL Corporation stock (US69351T1060): Declares $0.285 quarterly dividend payable July 1

PPL Corporation announced a quarterly dividend of $0.2850 per share, payable on July 1, 2026, to shareholders of record as of June 10, 2026. This announcement highlights the company's commitment to consistent shareholder returns, supported by stable utility operations across Pennsylvania, Kentucky, and Rhode Island. The utility's business model focuses on regulated electricity distribution and transmission, emphasizing grid modernization, renewable integration, and storm resilience.

Source: AD HOC NEWS
May 13, 2026 | 19:25:18
Category: General

Jabil stock (US46612W1036): Shares drop 3.86% amid strong YTD gains

Jabil Inc. (US46612W1036) stock experienced a 3.86% decline to $351.16 on NYSE despite reporting strong Q2 earnings with $2.69 EPS and $8.28 billion in revenue, surpassing analyst estimates. This drop occurs against a backdrop of a significant 54.1% year-to-date increase for the company, highlighting its strong growth in the tech manufacturing sector, particularly in AI and data center hardware. Jabil's strong market position and diversified revenue streams, particularly its ties to US-based hyperscalers, suggest resilience despite short-term volatility.

Source: AD HOC NEWS
May 13, 2026 | 19:25:53
Category: General

NetApp stock (US64120B1098): Recent price dip highlights volatility

NetApp shares recently dropped 1.27% to $116.23, underperforming the broader market amidst ongoing discussions about its growth. The company, a Nasdaq-listed provider of data storage and cloud services, continues to attract investor attention as analysts evaluate its trajectory in a competitive tech landscape. Despite short-term pressures, NetApp's focus on hybrid cloud and data management solutions positions it well for future demand, especially in key US markets.

Source: AD HOC NEWS
May 13, 2026 | 19:29:42
Category: General

Linde plc stock (IE000S9YS4E6): Strong Q1 earnings beat and raised guidance

Linde plc reported strong Q1 results, exceeding analyst expectations with EPS of $4.33 and revenue of $8.78 billion, an 8.2% year-over-year increase. The company raised its full-year 2026 EPS guidance to $17.60-$17.90 and declared a $1.60 quarterly dividend. Linde's strategic focus on industrial gases, healthcare, and clean energy, particularly in the US market, positions it as a key player for investors interested in industrials and green technologies.

Source: AD HOC NEWS
May 13, 2026 | 19:29:57
Category: General

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