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Recent Articles

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Zacks rates Hormel Foods at sell, as fiscal Q1 results were hurt by inflation, supply chain issues, drab sales volumes; earnings have been under pressure by higher supply chain inefficiencies due to increased inventory levels, softness in snack nuts unit

Enhanced CSX Carbon Calculator Helps Shippers Achieve Sustainability Goals

US single-family starts up 1.1% in February to an 830,000 seasonally adjusted annual rate, multifamily starts up 24.0% to annualized 620,000 pace; increased market uncertainty led by building material supply bottlenecks, volatile mortgage rates: NAHB

Zacks rates Trimas at sell, noting weakness in packaging demand, as customers have been delaying orders and rebalancing inventories amid inflationary environment; rising raw material costs, supply-chain headwinds and labor shortages also impacting results

GM confirms it has stopped production at its Silao, Mexico, plant that makes GMC Sierra, Chevrolet Silverado pickup trucks due to lack of parts; GM to shut Fort Wayne, Indiana, truck plant for two weeks starting March 27 to control inventory levels

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