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Germany still capable of functioning, economy minister says

BERLIN (Reuters) – German Economy Minister Robert Habeck said on Thursday that Chancellor Olaf Scholz was right to fire the finance minister, spelling an end to the coalition government, and insisted that Germany was still capable of functioning. Christian Lindner…

Earnings call: RYAM reports strong Q3 performance with EBITDA up 113%

Rayonier Advanced Materials Inc. (NYSE: NYSE:RYAM) reported a substantial year-over-year increase in earnings for the third quarter of 2024, with adjusted EBITDA rising to $51 million, marking a 113% improvement. Despite an isolated fire incident at its Jesup, Georgia facility,…

Earnings call: Ardmore Shipping reports robust Q3 results

Ardmore Shipping Corporation (NYSE: NYSE:ASC) delivered strong financial results in its third quarter of 2024, with adjusted earnings of $23.3 million, or $0.55 per share. The company’s time charter equivalent (TCE) rates stood at $28,500 per day for medium-range tankers…

Earnings call: Sunoco LP posts record Q3 adjusted EBITDA

Sunoco LP (NYSE: SUN) has announced a record third-quarter adjusted EBITDA of $470 million, signaling a robust performance despite one-time expenses. The energy partnership, known for its fuel distribution and terminal operations, maintained its quarterly distribution and reported a strong…

Earnings call: Super Group reports robust growth in Q3 2024

Super Group (ticker: SGHC) has announced a significant year-over-year increase in its third-quarter revenue and adjusted EBITDA, with a strong focus on maintaining operational efficiencies and a strategic pivot away from the U.S. sportsbook market. CEO Neal Menashe highlighted the…

Israel signs deal to acquire 25 F-15 fighter jets from Boeing Co

JERUSALEM (Reuters) -The Israeli defence ministry said on Thursday it had signed an agreement to acquire 25 next generation F-15 fighter jets from Boeing Co (NYSE:BA). It said the $5.2 billion agreement was part of a broader package of U.S….