1 hr. ago
Craft stores are generally reserved for browsing yarn aisles on quiet Sunday afternoons and overspending on seasonal holiday decor. But every so often, retail chaos infiltrates their quiet corners in the face of a shoplifter or a drunkard. Or maybe, both.
In a TikTok storytime, creator Madi Max (soft.cuddlebunny) looked back on her days working retail at Joann Fabrics. She specifically recounted an incident of an intoxicated shoplifter trying to play Romeo and criminal mastermind at the same time. The result? The local craft hub turned into an accidental slapstick comedy routine.
The hilarious routine started as an unhinged flirtation attempt. But it ended with dozens of stolen markers across the linoleum floor and the furious perp screaming from the back of a police cruiser.
According to Max, the incident kicked off when a man stumbled through the automatic sliding doors carrying an open, uncovered liquor bottle. He was allegedly actively taking swigs as he roamed the aisles. But rather than laying low, he allegedly zeroed in on Max's coworker.
The man was reportedly nursing an unprompted, aggressive crush and loudly peppering the coworker with wildly inappropriate remarks. At one point, he allegedly started pointing at rolls of material, declaring that she would look stunning in lingerie made out of the textiles.
#craft #shoplifter
In a TikTok storytime, creator Madi Max (soft.cuddlebunny) looked back on her days working retail at Joann Fabrics. She specifically recounted an incident of an intoxicated shoplifter trying to play Romeo and criminal mastermind at the same time. The result? The local craft hub turned into an accidental slapstick comedy routine.
The hilarious routine started as an unhinged flirtation attempt. But it ended with dozens of stolen markers across the linoleum floor and the furious perp screaming from the back of a police cruiser.
According to Max, the incident kicked off when a man stumbled through the automatic sliding doors carrying an open, uncovered liquor bottle. He was allegedly actively taking swigs as he roamed the aisles. But rather than laying low, he allegedly zeroed in on Max's coworker.
The man was reportedly nursing an unprompted, aggressive crush and loudly peppering the coworker with wildly inappropriate remarks. At one point, he allegedly started pointing at rolls of material, declaring that she would look stunning in lingerie made out of the textiles.
#craft #shoplifter
5 hours ago
WASHINGTON (AP) — The U.S. military is dispatching roughly 9,000 troops aboard a group of ships to the Middle East, a U.S. official said Thursday. The bolstering of the American military presence comes as President Donald Trump warned anew that new strikes against Iran could be on the horizon.
The troop movement, which includes a third aircraft carrier, underscores the rapidly evolving dynamic of Trump's war against Iran as he ponders his next move, with midterm elections in the United States looming large and new signs that the nature of the conflict may be becoming more complex.
Trump has threatened that a post-midterm election escalation — despite his initial promises to Americans of a campaign that would last a matter of weeks — remains a viable option. Further complicating matters, Trump told reporters Thursday that early indications suggest that Iran is linked to the FlyDubai co-pilot who stabbed his captain and tried to crash an Israel-bound flight on Wednesday.
In an exchange with reporters at the White House, Trump raised the connection when asked by a reporter if there were any links between the pilot behind the attack and Tehran.
"I would say the answer, based on what I'm hearing, is 'yes,' but we're working on it right now," Trump said, without offering details.
#military #reporters #washington #middle
The troop movement, which includes a third aircraft carrier, underscores the rapidly evolving dynamic of Trump's war against Iran as he ponders his next move, with midterm elections in the United States looming large and new signs that the nature of the conflict may be becoming more complex.
Trump has threatened that a post-midterm election escalation — despite his initial promises to Americans of a campaign that would last a matter of weeks — remains a viable option. Further complicating matters, Trump told reporters Thursday that early indications suggest that Iran is linked to the FlyDubai co-pilot who stabbed his captain and tried to crash an Israel-bound flight on Wednesday.
In an exchange with reporters at the White House, Trump raised the connection when asked by a reporter if there were any links between the pilot behind the attack and Tehran.
"I would say the answer, based on what I'm hearing, is 'yes,' but we're working on it right now," Trump said, without offering details.
#military #reporters #washington #middle
9 hours ago
Ines de Ramon made a fashion statement at the Chloé spring 2027 show as part of Paris Fashion Week on Thursday in France. The jewelry designer floated to the front row in a Chloé ruffle dress in a striking blue shade, and she paired the feminine design with a pair of Western boots. Ines de Ramon Getty Images De Ramon skipped the towering heels that have been taking over Paris Fashion Week and went for a more comfortable shoe option. She wore the Chloé Western-inspired Azelan boots, which are crafted from vintage-effect calfskin and feature a pointed toe, tonal topstitching and a Cuban heel measuring 2.6 inches. Although the floor-length dress covered most of the shoes, the boots peeked through the hem as she walked and posed for photos during the photo call at the show. The high tube leg of the knee-length boot is finished with gold-tone hardware and a hand-embroidered strap signed with the Chloé logo. They retail for $1,990. Chloé Azelan boots. Chloé The boots created a stark contrast and provided a rugged flair to her ultra-feminine look. She went for a fluid, long blue silk mousseline dress, also from Chloé, featuring a ruched bodice and layered ruffles. The delicate off-the-shoulder design featured
Follow Footwear News on Twitter or become a fan on Facebook.
#ramon #fashion
Follow Footwear News on Twitter or become a fan on Facebook.
#ramon #fashion
11 hours ago
Jelly Roll and Bunnie XO are putting one of their Nashville-area homes up for sale after finalizing their divorce. The Franklin, Tennessee, estate now carries a price of just under $7 million. The former couple listed the property after reaching a settlement over their ******* ets.
Real estate sources told TMZ that the couple listed the home on Wednesday. The estate was custom-built and features over 10 acres and over 7,000 square feet of living area. The property has five bedrooms and seven bathrooms. It also offers views of the Tennessee countryside.
The home includes a chef's kitchen and a media den that looks over a glass-walled automotive showroom. On the outside, the estate has a covered porch and an outdoor kitchen. It also has outdoor dining and living ******* es. The outdoor ******* e is completed by a resort-style pool.
The listing is held by Erik Levin of Benchmark Realty and Greg Sanford of Greg Sanford Real Estate. The sale comes after Jelly Roll and Bunnie finalized their divorce in July. Court documents obtained by TMZ show that the former couple reached a settlement covering their aircraft, cars, homes, and intellectual property. Jelly Roll also agreed to give Bunnie a one-time lump-sum payment.
It was previously reported that movers appeared at the property in June. Exclusive photos showed a large moving truck outside while workers appeared to remove items from the home. Jelly Roll filed for divorce in May, and sources with direct knowledge said the split came from a mutual decision handled privately. Jelly Roll and Bunnie married in August 2016 after meeting the year before.
#bunnie #property #tennessee
Real estate sources told TMZ that the couple listed the home on Wednesday. The estate was custom-built and features over 10 acres and over 7,000 square feet of living area. The property has five bedrooms and seven bathrooms. It also offers views of the Tennessee countryside.
The home includes a chef's kitchen and a media den that looks over a glass-walled automotive showroom. On the outside, the estate has a covered porch and an outdoor kitchen. It also has outdoor dining and living ******* es. The outdoor ******* e is completed by a resort-style pool.
The listing is held by Erik Levin of Benchmark Realty and Greg Sanford of Greg Sanford Real Estate. The sale comes after Jelly Roll and Bunnie finalized their divorce in July. Court documents obtained by TMZ show that the former couple reached a settlement covering their aircraft, cars, homes, and intellectual property. Jelly Roll also agreed to give Bunnie a one-time lump-sum payment.
It was previously reported that movers appeared at the property in June. Exclusive photos showed a large moving truck outside while workers appeared to remove items from the home. Jelly Roll filed for divorce in May, and sources with direct knowledge said the split came from a mutual decision handled privately. Jelly Roll and Bunnie married in August 2016 after meeting the year before.
#bunnie #property #tennessee
13 hours ago
Meghan Markle's As Ever online shop has launched a $148 advent calendar—averaging $6 per chocolate in it—inspired by her Montecito home and garden despite having moved to Britain in August.
However, the Duke and ****** ss of Sussex did not sell their mansion in Santa Barbara when they relocated to the U.K. and may choose to spend Christmas there.
A press release says the calendar includes "24 handcrafted chocolates, one for each day leading up to the holiday, with flavors drawing from As ever favorites like Strawberry, Raspberry, Blackberry, and Orange Marmalade, plus a special chocolate finished with Meghan's own Flower Sprinkles.
"Every detail was considered with care, including countdown numbers hand-painted in Meghan's own penmanship using edible gold ****** er."
The advent calendar is a partnership with Los Angeles chocolatier Compartés and goes on sale on October 1.
#britain #duke
However, the Duke and ****** ss of Sussex did not sell their mansion in Santa Barbara when they relocated to the U.K. and may choose to spend Christmas there.
A press release says the calendar includes "24 handcrafted chocolates, one for each day leading up to the holiday, with flavors drawing from As ever favorites like Strawberry, Raspberry, Blackberry, and Orange Marmalade, plus a special chocolate finished with Meghan's own Flower Sprinkles.
"Every detail was considered with care, including countdown numbers hand-painted in Meghan's own penmanship using edible gold ****** er."
The advent calendar is a partnership with Los Angeles chocolatier Compartés and goes on sale on October 1.
#britain #duke
14 hours ago
Actor Guy Kapulnik, 46, was among the two people killed when a small airplane went down in Hesperia, Calif., on Sept. 24
He was remembered by his family as "a man of action, curiosity, and adventure"
An investigation into the cause of the crash is ongoing
Guy Kapulnik, 46-year-old actor, was among two killed in a small plane crash in Southern California last week.
The crash occurred on Thursday, Sept. 24, around 9:45 a.m. local time, when a single-engine aircraft careened to the ground near Summit Valley Road and Maple Avenue in Hesperia, ABC affiliate KABC, NBC affiliate KNBC and the Los Angeles Times reported.
#sept
He was remembered by his family as "a man of action, curiosity, and adventure"
An investigation into the cause of the crash is ongoing
Guy Kapulnik, 46-year-old actor, was among two killed in a small plane crash in Southern California last week.
The crash occurred on Thursday, Sept. 24, around 9:45 a.m. local time, when a single-engine aircraft careened to the ground near Summit Valley Road and Maple Avenue in Hesperia, ABC affiliate KABC, NBC affiliate KNBC and the Los Angeles Times reported.
#sept
14 hours ago
There's no denying that Hailey Bieber's sartorial agenda is infused with 90s style codes. Beyond reinterpreting the decade's classic silhouettes, she frequently dives into the fashion archives to resurrect genuine vintage gems.
For a party at the private Harry's Bar in Mayfair, London, on September 28, Hailey slipped into a Cerruti by Narciso Rodriguez spring/summer 1997 dress sourced from My Runway Archive. The champagne-hued midi dress is adorned with crystal embellishments and features a bias-cut with a plunging neckline, sleeveless design, and a figure-hugging silhouette.
The garment is the same dress that Carolyn Bessette Kennedy wore to her wedding rehearsal dinner in 1996. Carolyn first met the designer in 1990, when they worked together at Calvin Klein, and soon after enlisted Narciso to craft her wedding dress. The pearlescent silk crepe wedding gown was worn on September 21, 1996, when Carolyn married John F. Kennedy Jr.
Hailey Bieber looked ethereal in a Cerruti by Narciso Rodriguez spring/summer 1997 dress (@ Instagram)
The celebration was held at the Greyfield Inn on ***** berland Island, Georgia. Carolyn's blonde locks were swept back into a simple bun.
#dress #spring
For a party at the private Harry's Bar in Mayfair, London, on September 28, Hailey slipped into a Cerruti by Narciso Rodriguez spring/summer 1997 dress sourced from My Runway Archive. The champagne-hued midi dress is adorned with crystal embellishments and features a bias-cut with a plunging neckline, sleeveless design, and a figure-hugging silhouette.
The garment is the same dress that Carolyn Bessette Kennedy wore to her wedding rehearsal dinner in 1996. Carolyn first met the designer in 1990, when they worked together at Calvin Klein, and soon after enlisted Narciso to craft her wedding dress. The pearlescent silk crepe wedding gown was worn on September 21, 1996, when Carolyn married John F. Kennedy Jr.
Hailey Bieber looked ethereal in a Cerruti by Narciso Rodriguez spring/summer 1997 dress (@ Instagram)
The celebration was held at the Greyfield Inn on ***** berland Island, Georgia. Carolyn's blonde locks were swept back into a simple bun.
#dress #spring
15 hours ago
Catherine Zeta-Jones and Michael Douglas gave their children a candid introduction to Hollywood before Dylan and Carys pursued careers in entertainment. The actress says they shared the industry's "horror stories" to see whether their children's enthusiasm would hold up against its less glamorous realities. But theater camps, college productions and auditions kept calling. Now, Zeta-Jones is watching both children pursue the work they love, while finding a stronger voice of her own at 57.
Xavier Collin/Image Press Agency/MEGA
In an interview with AARP Movies for Grownups, Zeta-Jones explained how she and Douglas approached their children's interest in following them into show business. "We told them all the [Hollywood] horror stories to see if their passion for the art and the craft was genuine," she said.
Zeta-Jones also acknowledged how challenging it can be to build a sustainable career in entertainment. "It's a very small percentage of our business that can really make a living out of doing what we love. But they certainly do love it," the actress said.
Xavier Collin/Image Press Agency/MEGA
#love
Xavier Collin/Image Press Agency/MEGA
In an interview with AARP Movies for Grownups, Zeta-Jones explained how she and Douglas approached their children's interest in following them into show business. "We told them all the [Hollywood] horror stories to see if their passion for the art and the craft was genuine," she said.
Zeta-Jones also acknowledged how challenging it can be to build a sustainable career in entertainment. "It's a very small percentage of our business that can really make a living out of doing what we love. But they certainly do love it," the actress said.
Xavier Collin/Image Press Agency/MEGA
#love
11 days ago
Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) announced on September 15 that it had acquired 60% of White Desert Antarctica and its new aviation travel business, Echo Charlie. Consideration comprises approximately $61 million in cash, plus approximately $6 million relating to acquired cash, subject to working-capital, cash, and indebtedness adjustments.
The purchase broadens the travel portfolio beyond expedition cruises. For investors, the test is whether additional bookings and cash generation justify the acquisition price and subsequent investment.
White Desert takes guests into Antarctica's interior, including the Geographic South Pole. Echo Charlie offers journeys aboard a restored DC-3 aircraft carrying 12 guests. These experiences add distinctive products that Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) could market to existing adventure travelers.
Cross-selling could reduce marketing costs per booking and encourage repeat travel across the portfolio. Established customer relationships provide a starting point; the financial benefit depends on generating additional profitable departures.
The company already operates a growing land-travel business. Second-quarter Land Experiences revenue increased 23% to $70.0 million, driven by additional trips and higher pricing. That provides a relevant commercial foundation for the expansion.
#additional
The purchase broadens the travel portfolio beyond expedition cruises. For investors, the test is whether additional bookings and cash generation justify the acquisition price and subsequent investment.
White Desert takes guests into Antarctica's interior, including the Geographic South Pole. Echo Charlie offers journeys aboard a restored DC-3 aircraft carrying 12 guests. These experiences add distinctive products that Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) could market to existing adventure travelers.
Cross-selling could reduce marketing costs per booking and encourage repeat travel across the portfolio. Established customer relationships provide a starting point; the financial benefit depends on generating additional profitable departures.
The company already operates a growing land-travel business. Second-quarter Land Experiences revenue increased 23% to $70.0 million, driven by additional trips and higher pricing. That provides a relevant commercial foundation for the expansion.
#additional
12 days ago
Ahead of the release of Zach Cregger's reboot today, there were already seven Resident Evil movies — six of them in a more action-oriented series starring Milla Jovovich, four of which were directed by her husband, Paul W.S. Anderson, plus an unrelated "reboot" in 2021 called Welcome to Raccoon City that went for more of a John Carpenter vibe and was an attempt to truly "adapt" the games. There's also a Netflix TV show version that ran for a single season in 2022. Countless other works in the horror genre have unofficially cribbed from the Resident Evil games over the years. It's an incredibly influential series.
And yet, Zach Cregger, hot off his Oscar-winning original horror film Weapons, is the first filmmaker to truly feel like he's adapting the experience of playing the games, arguably the scariest survival-horror ones ever made, rather than simply incorporating story and plot elements to explain the outbreak of infected people. In Cregger's hands, Resident Evil is pure crowd-pleasing popcorn cinema, best experienced in a packed movie theater with dozens of other people reacting loudly to the madness.
The premise couldn't be simpler — and the runtime a brisk 90ish minutes — as we follow a medical courier named Bryan (Austin Abrams, proving himself to be the Bruce Campbell for a new generation) who unwittingly finds himself fighting for survival as one fateful, horrifying night collapses around him in a swirl of chaos. Fans of the video games will recognize various easter eggs and nods to game mechanics, including the importance of conserving ammo and checking every last drawer for more of it.
But you don't need to be familiar with the games at all to enjoy the movie, which is an efficient horror set-piece machine that just keeps putting Abrams in increasingly concerning situations. I can't stress enough how much this is a one-man show anchored by Abrams, and he crushes it. He's in every scene, earning tons of laughs simply by reacting as a normal person would in this situation; he's a true audience-surrogate character, ushering us through the chaos. His comedic timing, paired with Cregger's ****** ured camerawork and editing, is a match made in genre-movie heaven.
I didn't expect it to be so heavily inspired by genre classics like The Thing and Evil Dead. In fact, it's a better Evil Dead movie than the last several movies with "Evil Dead" in the ****** le, nailing the horror-comedy tone that only Sam Raimi and a few others can pull off with aplomb. Cregger has a ton of fun with the various monstrous forms that the infected take here, from fusing multiple humans together to crafting his own horror take on a big, scary guy like Dune's Baron Harkonnen. Resident Evil movies have thus far treated the zombies as pretty traditional movie zombies; Cregger's version gets at the attempt to create the next stage of human evolution.
#resident #dead
And yet, Zach Cregger, hot off his Oscar-winning original horror film Weapons, is the first filmmaker to truly feel like he's adapting the experience of playing the games, arguably the scariest survival-horror ones ever made, rather than simply incorporating story and plot elements to explain the outbreak of infected people. In Cregger's hands, Resident Evil is pure crowd-pleasing popcorn cinema, best experienced in a packed movie theater with dozens of other people reacting loudly to the madness.
The premise couldn't be simpler — and the runtime a brisk 90ish minutes — as we follow a medical courier named Bryan (Austin Abrams, proving himself to be the Bruce Campbell for a new generation) who unwittingly finds himself fighting for survival as one fateful, horrifying night collapses around him in a swirl of chaos. Fans of the video games will recognize various easter eggs and nods to game mechanics, including the importance of conserving ammo and checking every last drawer for more of it.
But you don't need to be familiar with the games at all to enjoy the movie, which is an efficient horror set-piece machine that just keeps putting Abrams in increasingly concerning situations. I can't stress enough how much this is a one-man show anchored by Abrams, and he crushes it. He's in every scene, earning tons of laughs simply by reacting as a normal person would in this situation; he's a true audience-surrogate character, ushering us through the chaos. His comedic timing, paired with Cregger's ****** ured camerawork and editing, is a match made in genre-movie heaven.
I didn't expect it to be so heavily inspired by genre classics like The Thing and Evil Dead. In fact, it's a better Evil Dead movie than the last several movies with "Evil Dead" in the ****** le, nailing the horror-comedy tone that only Sam Raimi and a few others can pull off with aplomb. Cregger has a ton of fun with the various monstrous forms that the infected take here, from fusing multiple humans together to crafting his own horror take on a big, scary guy like Dune's Baron Harkonnen. Resident Evil movies have thus far treated the zombies as pretty traditional movie zombies; Cregger's version gets at the attempt to create the next stage of human evolution.
#resident #dead
12 days ago
Boeing locked Korean Air into a $36.2 billion order spanning 737 MAX, 787-10, and 777X variants, but no deliveries arrive until the early 2030s.
Lockheed Martin posts steady profits while Boeing burns cash lifting production rates, carrying $600 million in quarterly interest expense that pressures GAAP results.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Boeing didn't make the cut. Enter your email to see the names that beat BA. The report is free. Enter your email and see if any of your stocks made the cut.
Boeing (NYSE:BA) confirmed a firm Korean Air order for the stretched 737 MAX, 787-10, and 777X in passenger and freighter variants, valued at $36.2 billion. Deliveries begin in the early 2030s.
These aircraft were previously logged as unidentified orders from a commitment announced last summer, so this is existing backlog getting a customer name rather than fresh demand.
#boeing #deliveries
Lockheed Martin posts steady profits while Boeing burns cash lifting production rates, carrying $600 million in quarterly interest expense that pressures GAAP results.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Boeing didn't make the cut. Enter your email to see the names that beat BA. The report is free. Enter your email and see if any of your stocks made the cut.
Boeing (NYSE:BA) confirmed a firm Korean Air order for the stretched 737 MAX, 787-10, and 777X in passenger and freighter variants, valued at $36.2 billion. Deliveries begin in the early 2030s.
These aircraft were previously logged as unidentified orders from a commitment announced last summer, so this is existing backlog getting a customer name rather than fresh demand.
#boeing #deliveries
13 days ago
On September 4, the U.S. Department of War (DoW) announced a $336,112,000 Navy contract for Huntington Ingalls Industries, Inc. (NYSE:HII) to advance procurement of long-lead materials for the construction of the future USS William J. Clinton (CVN 82).
Work on the program will be executed in Newport News, Virginia, with completion anticipated by March 2039. Shipbuilding and conversion funding from FY 2026 will be obligated at the time of award.
The contract is not just a headline number, but reaffirms the company's status as the sole nuclear carrier builder for the U.S. Navy.
The long lead materials contract has secured Huntington Ingalls Industries, Inc. (NYSE:HII)'s role on the CVN 82 well before construction begins, which has extended revenue visibility to 2039.
According to defense websites, the Navy plans on spending $22.34 billion on its aircraft carrier replacement program over the next five years. This contract can be seen as among the first in a larger sequence, with more awards to come as procurement accelerates.
#navy #contract #ingalls #industries
Work on the program will be executed in Newport News, Virginia, with completion anticipated by March 2039. Shipbuilding and conversion funding from FY 2026 will be obligated at the time of award.
The contract is not just a headline number, but reaffirms the company's status as the sole nuclear carrier builder for the U.S. Navy.
The long lead materials contract has secured Huntington Ingalls Industries, Inc. (NYSE:HII)'s role on the CVN 82 well before construction begins, which has extended revenue visibility to 2039.
According to defense websites, the Navy plans on spending $22.34 billion on its aircraft carrier replacement program over the next five years. This contract can be seen as among the first in a larger sequence, with more awards to come as procurement accelerates.
#navy #contract #ingalls #industries
14 days ago
On September 11, a caller praised The Boeing Company's (NYSE:BA) CEO and asked when the company would overcome the ongoing labor uncertainty and finally move beyond years of sideways stock performance. Mad Money host Jim Cramer replied:
I think that Boeing is ready to go up. But here's the problem. Every time crude goes up a dollar, the stock goes down a dollar. And that, think about it, that was actually the ratio. I did some work on this. And because today crude was down, Boeing went up $5... No, it's so stupid because, in truth, the airlines need more planes because the planes are more fuel-efficient. So they actually do better in this environment, but ******* ody cares. They know that airlines have to borrow money to buy planes and rates are higher, and they think that oil somehow's bad. But what ends up happening is the stock does nothing. I think it's about to go up because I think oil might be peaking unless there's some catastrophe over there.
The Boeing Company's (NYSE:BA) second-quarter results showed improving cash generation, but profitability remained weak. Revenue rose 8% year over year to $24.6 billion, while operating cash flow reached $1.4 billion and free cash flow was $631 million. Its total backlog reached a record $715 billion, including more than 6,200 commercial airplanes. CEO Kelly Ortberg said, "We're ramping up production just as we planned. That's driving higher revenues and improved cash flow." He also said there's more work ahead to ramp production, complete commercial-aircraft certifications and uphold customer commitments. Boeing said the 737-7 and 737-10 had completed flight testing, with deliveries expected to begin in 2027.
The Boeing Company's (NYSE:BA) large backlog has yet to translate into consistent commercial-aircraft profitability, leaving execution and margins as important concerns for investors. Commercial Airplanes delivered 171 aircraft in the second quarter but still posted a $322 million operating loss and a negative 2.7% operating margin. It also reported a $428 million GAAP net loss.
The balance sheet leaves less room for further setbacks. The company ended June with $45.9 billion of consolidated debt against $20 billion of cash and investments in marketable securities. The FAA certified the 737-7 on August 3, while Boeing continues working toward certification of the 737-10. First deliveries of the variants are expected in 2027. The company also recorded $280 million of losses on the VC-25B program in the quarter.
#boeing #cash #commercial
I think that Boeing is ready to go up. But here's the problem. Every time crude goes up a dollar, the stock goes down a dollar. And that, think about it, that was actually the ratio. I did some work on this. And because today crude was down, Boeing went up $5... No, it's so stupid because, in truth, the airlines need more planes because the planes are more fuel-efficient. So they actually do better in this environment, but ******* ody cares. They know that airlines have to borrow money to buy planes and rates are higher, and they think that oil somehow's bad. But what ends up happening is the stock does nothing. I think it's about to go up because I think oil might be peaking unless there's some catastrophe over there.
The Boeing Company's (NYSE:BA) second-quarter results showed improving cash generation, but profitability remained weak. Revenue rose 8% year over year to $24.6 billion, while operating cash flow reached $1.4 billion and free cash flow was $631 million. Its total backlog reached a record $715 billion, including more than 6,200 commercial airplanes. CEO Kelly Ortberg said, "We're ramping up production just as we planned. That's driving higher revenues and improved cash flow." He also said there's more work ahead to ramp production, complete commercial-aircraft certifications and uphold customer commitments. Boeing said the 737-7 and 737-10 had completed flight testing, with deliveries expected to begin in 2027.
The Boeing Company's (NYSE:BA) large backlog has yet to translate into consistent commercial-aircraft profitability, leaving execution and margins as important concerns for investors. Commercial Airplanes delivered 171 aircraft in the second quarter but still posted a $322 million operating loss and a negative 2.7% operating margin. It also reported a $428 million GAAP net loss.
The balance sheet leaves less room for further setbacks. The company ended June with $45.9 billion of consolidated debt against $20 billion of cash and investments in marketable securities. The FAA certified the 737-7 on August 3, while Boeing continues working toward certification of the 737-10. First deliveries of the variants are expected in 2027. The company also recorded $280 million of losses on the VC-25B program in the quarter.
#boeing #cash #commercial
14 days ago
AeroVironment, Inc. (NASDAQ:AVAV) reported on September 9, 2026, that revenue for fiscal Q1 2027, ended August 1, 2026, increased 6% to $480.5 million. Funded backlog reached approximately $1.5 billion at quarter-end, up from $1.2 billion at April 30, 2026. This represents remaining work under firm customer orders with funding already appropriated, providing a concrete base for future revenue.
Non-GAAP adjusted diluted earnings were $0.59 per share, excluding acquired-intangible amortization, purchase-accounting adjustments, acquisition expenses, and net gains and losses on equity-method and equity-security investments. Adjusted EPS retains net interest income. The GAAP result was a $5.1 million net loss, or $0.10 per diluted share. The question is whether the expanding order base can produce stronger operating earnings and cash generation.
Bookings reached $683 million, producing a book-to-bill ratio of 1.4, calculated as bookings divided by revenue. Bookings measure authorized contract awards and modifications and can include work whose funding has not yet been obligated. The ratio indicates that new business exceeded revenue recognized during the quarter.
AeroVironment, Inc. (NASDAQ:AVAV) is also translating demand into sales in Autonomous Systems, where revenue rose 21% to $346 million. That provides operating evidence behind the opportunity in unmanned aircraft and precision-strike systems.
Management maintained fiscal 2027 revenue guidance of $2.125 billion to $2.225 billion, and non-GAAP adjusted EBITDA of $305 million to $325 million. Adjusted EBITDA excludes net interest income or expense, taxes, depreciation and amortization from net income and further adjusts for stock compensation, acquisition expenses, cloud-computing amortization, net gains and losses on equity-method and equity-security investments, and other specified items.
#Equity
Non-GAAP adjusted diluted earnings were $0.59 per share, excluding acquired-intangible amortization, purchase-accounting adjustments, acquisition expenses, and net gains and losses on equity-method and equity-security investments. Adjusted EPS retains net interest income. The GAAP result was a $5.1 million net loss, or $0.10 per diluted share. The question is whether the expanding order base can produce stronger operating earnings and cash generation.
Bookings reached $683 million, producing a book-to-bill ratio of 1.4, calculated as bookings divided by revenue. Bookings measure authorized contract awards and modifications and can include work whose funding has not yet been obligated. The ratio indicates that new business exceeded revenue recognized during the quarter.
AeroVironment, Inc. (NASDAQ:AVAV) is also translating demand into sales in Autonomous Systems, where revenue rose 21% to $346 million. That provides operating evidence behind the opportunity in unmanned aircraft and precision-strike systems.
Management maintained fiscal 2027 revenue guidance of $2.125 billion to $2.225 billion, and non-GAAP adjusted EBITDA of $305 million to $325 million. Adjusted EBITDA excludes net interest income or expense, taxes, depreciation and amortization from net income and further adjusts for stock compensation, acquisition expenses, cloud-computing amortization, net gains and losses on equity-method and equity-security investments, and other specified items.
#Equity
14 days ago
By Akash Sriram
Sept 16 (Reuters) - Impulse ***** e has raised $308 million in an extension of the Series D funding round, the startup building ***** ecraft to move satellites and other payloads said on Wednesday, as it looks to serve a backlog from commercial and government customers.
The extension valued the company at $5.6 billion, according to a source close to the company. ***** eX's $86 billion IPO in June has bolstered investor enthusiasm for the ***** e sector, helping improve the fundraising environment for companies such as Impulse.
The extension brings Impulse's Series D financing to $808 million, following a $500 million round announced in June that valued the company at $4.26 billion.
The company also hired Vizio executive Adam Townsend as chief financial officer, as it scales production and works to turn a growing backlog of government and commercial contracts into revenue.
#impulse #space
Sept 16 (Reuters) - Impulse ***** e has raised $308 million in an extension of the Series D funding round, the startup building ***** ecraft to move satellites and other payloads said on Wednesday, as it looks to serve a backlog from commercial and government customers.
The extension valued the company at $5.6 billion, according to a source close to the company. ***** eX's $86 billion IPO in June has bolstered investor enthusiasm for the ***** e sector, helping improve the fundraising environment for companies such as Impulse.
The extension brings Impulse's Series D financing to $808 million, following a $500 million round announced in June that valued the company at $4.26 billion.
The company also hired Vizio executive Adam Townsend as chief financial officer, as it scales production and works to turn a growing backlog of government and commercial contracts into revenue.
#impulse #space
14 days ago
With aviation often a prohibitively costly industry for individual players without major backing, several smaller and charter carriers did not survive the spike in jet fuel prices that came at the start of 2026 following the U.S.-Israeli strike on Iran.
Major recent news in this ***** e includes the collapse of Spirit Airlines and the bankruptcy filing of Latvian flag carrier AirBaltic. Smaller carriers that shut down in 2026 include Mexican holiday airline Magnicharters, Finnish charter airline Jetflite, and most recently in September 2026, French charter carrier AirAiles.
And in Colorado, charter broker and indirect air carrier OneFlight International is reportedly pausing all flights for 30 days as a long string of financial problems catches up with it.
The company does not own any aircraft but functions as a broker, organizing chartered flights by private jet and jet card subscriptions.
A jet card is a membership in which customers book flight hours on a private plane at fixed rates. Along with fractional ownership, it is one of two main ways that passengers who fly private book their flights.
#carrier #card
Major recent news in this ***** e includes the collapse of Spirit Airlines and the bankruptcy filing of Latvian flag carrier AirBaltic. Smaller carriers that shut down in 2026 include Mexican holiday airline Magnicharters, Finnish charter airline Jetflite, and most recently in September 2026, French charter carrier AirAiles.
And in Colorado, charter broker and indirect air carrier OneFlight International is reportedly pausing all flights for 30 days as a long string of financial problems catches up with it.
The company does not own any aircraft but functions as a broker, organizing chartered flights by private jet and jet card subscriptions.
A jet card is a membership in which customers book flight hours on a private plane at fixed rates. Along with fractional ownership, it is one of two main ways that passengers who fly private book their flights.
#carrier #card
15 days ago
NBC4's helicopter was one of several news aircraft flying over the scene of a deadly bus crash in Chatsworth Tuesday evening at sunset.
It's common for multiple news choppers to arrive at the scene of breaking news, beaming live images for newscasts and streaming.
But around 7 p.m., something went horribly wrong and in a matter of seconds the NBC4 chopper dropped out of the sky, crashing into shipping containers and vehicles outside a warehouse a few blocks away, bursting into flames. Two station journalists, reporter Eliana Moreno and pilot George Marciniw, were killed along with a bystander on the ground.
Federal investigators are now trying to figure out what went wrong. The Times interviewed several experts, who reviewed recordings of the chopper's final moments. They offered insights into the helicopter itself, its movements that afternoon and what is known about how its mechanics work.
Here's what they had to say:
#went #wrong #tuesday #nbc4
It's common for multiple news choppers to arrive at the scene of breaking news, beaming live images for newscasts and streaming.
But around 7 p.m., something went horribly wrong and in a matter of seconds the NBC4 chopper dropped out of the sky, crashing into shipping containers and vehicles outside a warehouse a few blocks away, bursting into flames. Two station journalists, reporter Eliana Moreno and pilot George Marciniw, were killed along with a bystander on the ground.
Federal investigators are now trying to figure out what went wrong. The Times interviewed several experts, who reviewed recordings of the chopper's final moments. They offered insights into the helicopter itself, its movements that afternoon and what is known about how its mechanics work.
Here's what they had to say:
#went #wrong #tuesday #nbc4
15 days ago
Once upon a time, the 'space race' meant the grand strategic competition between the USA and the USSR to gain control of the heavens. The superpowers designed and built satellites, manned capsules, orbital **** ecraft and long-endurance **** e stations, and NASA even sent the Apollo landers to put men on the Moon.
Today, the **** e race is heating up again, but in a very different way. Yes, the governments are still involved – NASA's Artemis program is targeting the Moon, the Russians have a Soyuz escape ship docked at the International **** e Station, and other powers such as the EU, China, and India have large-scale **** e programs. But the real difference – and a lot of the innovation – is coming from commercial players working alongside government **** e agencies.
This past summer, Elon Musk's **** eX went public, in Wall Street's largest ever IPO. The company is pioneering reusable large rockets, and has already made history with privately launched and/or publicly funded missions of the Falcon 9 rocket and Crew Dragon capsule.
Promotion
55% Off TipRanks
#once
Today, the **** e race is heating up again, but in a very different way. Yes, the governments are still involved – NASA's Artemis program is targeting the Moon, the Russians have a Soyuz escape ship docked at the International **** e Station, and other powers such as the EU, China, and India have large-scale **** e programs. But the real difference – and a lot of the innovation – is coming from commercial players working alongside government **** e agencies.
This past summer, Elon Musk's **** eX went public, in Wall Street's largest ever IPO. The company is pioneering reusable large rockets, and has already made history with privately launched and/or publicly funded missions of the Falcon 9 rocket and Crew Dragon capsule.
Promotion
55% Off TipRanks
#once
15 days ago
Rocket Lab surged 3% after a $1.944 billion equity offering eliminated the need for a $3.6 billion bridge loan to fund its Iridium acquisition.
The Iridium deal adds recurring satellite communications revenue to Rocket Lab's launch and ***** ecraft businesses, creating a more vertically integrated ***** e company.
The offering added 29.3 million shares, raising dilution concerns as Rocket Lab integrates Iridium while developing Neutron and awaiting mid-2027 regulatory approval.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Rocket Lab Corporation (NASDAQ:RKLB) stock is rising 3% to $64.14 in Tuesday morning trading as investors respond to progress on the company's planned acquisition of Iridium Communications. Rocket Lab completed a $1.944 billion at-the-market equity offering, giving Rocket Lab enough financing to cover the cash portion of the roughly $8 billion transaction and related costs.
#iridium #billion #offering
The Iridium deal adds recurring satellite communications revenue to Rocket Lab's launch and ***** ecraft businesses, creating a more vertically integrated ***** e company.
The offering added 29.3 million shares, raising dilution concerns as Rocket Lab integrates Iridium while developing Neutron and awaiting mid-2027 regulatory approval.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Rocket Lab Corporation (NASDAQ:RKLB) stock is rising 3% to $64.14 in Tuesday morning trading as investors respond to progress on the company's planned acquisition of Iridium Communications. Rocket Lab completed a $1.944 billion at-the-market equity offering, giving Rocket Lab enough financing to cover the cash portion of the roughly $8 billion transaction and related costs.
#iridium #billion #offering
15 days ago
The aerospace industry is evolving as Boeing (NYSE:BA) attempts a massive operational turnaround while Rocket Lab (NASDAQ:RKLB) rapidly expands its footprint across the global ******* e economy.
Boeing remains a dominant force in commercial aviation and defense, whereas Rocket Lab specializes in small-satellite launches and ******* ecraft components. Investors often compare them to decide between an established giant recovering from crisis and a high-growth challenger in the private ******* e sector.
Boeing operates as a massive player among defense stocks and commercial aviation leaders, manufacturing everything from the 737 Max to advanced military rotorcraft. The company generates revenue through commercial aircraft sales, defense contracts with the U.S. Department of Defense and NASA, and global services. Customer concentration like this adds a layer of risk to the business. In 2025, the company acquired Spirit AeroSystems to address long-standing quality issues, providing transition services to other buyers like Airbus (OTC:EADSF).
In FY 2025, revenue reached nearly $89.5 billion, representing a growth of roughly 34.5% over the previous year. The company reported a net income of approximately $2.2 billion, a significant recovery from the net loss of nearly $11.8 billion in FY 2024. This improvement in the net margin to 2.5% suggests the company is beginning to stabilize its bottom line after years of heavy losses.
As of its December 2025 balance sheet, Boeing carries a debt-to-equity ratio of nearly 10.0x, a measure comparing total debt to shareholder equity that indicates a heavy reliance on borrowing. The company reported a current ratio of nearly 1.2x, which measures a company's ability to cover its short-term debts with liquid ******* ets. Note that stock-based compensation represented roughly 40% of operating cash flow, which inflates reported cash generation since SBC is a non-cash expense added back in the cash flow statement. The company also generated a negative free cash flow of approximately $1.9 billion, representing operating cash minus spending on physical ******* ets.
#boeing #nearly #rocket
Boeing remains a dominant force in commercial aviation and defense, whereas Rocket Lab specializes in small-satellite launches and ******* ecraft components. Investors often compare them to decide between an established giant recovering from crisis and a high-growth challenger in the private ******* e sector.
Boeing operates as a massive player among defense stocks and commercial aviation leaders, manufacturing everything from the 737 Max to advanced military rotorcraft. The company generates revenue through commercial aircraft sales, defense contracts with the U.S. Department of Defense and NASA, and global services. Customer concentration like this adds a layer of risk to the business. In 2025, the company acquired Spirit AeroSystems to address long-standing quality issues, providing transition services to other buyers like Airbus (OTC:EADSF).
In FY 2025, revenue reached nearly $89.5 billion, representing a growth of roughly 34.5% over the previous year. The company reported a net income of approximately $2.2 billion, a significant recovery from the net loss of nearly $11.8 billion in FY 2024. This improvement in the net margin to 2.5% suggests the company is beginning to stabilize its bottom line after years of heavy losses.
As of its December 2025 balance sheet, Boeing carries a debt-to-equity ratio of nearly 10.0x, a measure comparing total debt to shareholder equity that indicates a heavy reliance on borrowing. The company reported a current ratio of nearly 1.2x, which measures a company's ability to cover its short-term debts with liquid ******* ets. Note that stock-based compensation represented roughly 40% of operating cash flow, which inflates reported cash generation since SBC is a non-cash expense added back in the cash flow statement. The company also generated a negative free cash flow of approximately $1.9 billion, representing operating cash minus spending on physical ******* ets.
#boeing #nearly #rocket
16 days ago
TOKYO (AP) — **** an's air force said one of its long-distance surveillance drones is believed to have crashed into the sea during a flight Tuesday off the country's northwestern coast.
There were no immediate details on the nature of the mission of the uncrewed RQ-4B aircraft, also known as Global Hawk. So far, there was no indication of foul play, but officials said the cause of the presumed crash was under investigation.
The Air Self-Defense Force said the drone had trouble connecting with a communication device about one and a half hours after taking off from the Misawa Air Base. Three minutes later, it disappeared from the radar and was last seen 50 kilometers (31 miles) off the coast of Tottori, the ASDF said.
Later Tuesday, a fighter jet and a **** an Coast Guard patrol ship spotted debris believed to be from the Global Hawk. After examining photos of the debris, the ASDF said the drone is believed to have crashed just after disappearing from the radar.
The cause of the Global Hawk's presumed crash is still under investigation, the ASDF said. There have been no reports of injury or damage related to the crash.
#asdf #coast #crash
There were no immediate details on the nature of the mission of the uncrewed RQ-4B aircraft, also known as Global Hawk. So far, there was no indication of foul play, but officials said the cause of the presumed crash was under investigation.
The Air Self-Defense Force said the drone had trouble connecting with a communication device about one and a half hours after taking off from the Misawa Air Base. Three minutes later, it disappeared from the radar and was last seen 50 kilometers (31 miles) off the coast of Tottori, the ASDF said.
Later Tuesday, a fighter jet and a **** an Coast Guard patrol ship spotted debris believed to be from the Global Hawk. After examining photos of the debris, the ASDF said the drone is believed to have crashed just after disappearing from the radar.
The cause of the Global Hawk's presumed crash is still under investigation, the ASDF said. There have been no reports of injury or damage related to the crash.
#asdf #coast #crash
16 days ago
By Akash Sriram
Sept 16 (Reuters) - Impulse ***** e has raised $308 million in an extension of the Series D funding round, the startup building ***** ecraft to move satellites and other payloads said on Wednesday, as it looks to serve a backlog from commercial and government customers.
The extension valued the company at $5.6 billion, according to a source close to the company. ***** eX's $86 billion IPO in June has bolstered investor enthusiasm for the ***** e sector, helping improve the fundraising environment for companies such as Impulse.
The extension brings Impulse's Series D financing to $808 million, following a $500 million round announced in June that valued the company at $4.26 billion.
The company also hired Vizio executive Adam Townsend as chief financial officer, as it scales production and works to turn a growing backlog of government and commercial contracts into revenue.
#company
Sept 16 (Reuters) - Impulse ***** e has raised $308 million in an extension of the Series D funding round, the startup building ***** ecraft to move satellites and other payloads said on Wednesday, as it looks to serve a backlog from commercial and government customers.
The extension valued the company at $5.6 billion, according to a source close to the company. ***** eX's $86 billion IPO in June has bolstered investor enthusiasm for the ***** e sector, helping improve the fundraising environment for companies such as Impulse.
The extension brings Impulse's Series D financing to $808 million, following a $500 million round announced in June that valued the company at $4.26 billion.
The company also hired Vizio executive Adam Townsend as chief financial officer, as it scales production and works to turn a growing backlog of government and commercial contracts into revenue.
#company
16 days ago
EXCLUSIVE: A Haitian gang member and illegal alien who defiantly told Fox News cameras "I'm not going back to Haiti" and shouted "Biden forever" during his viral U.S. Immigration and Customs Enforcement (ICE) arrest has been deported to Haiti by the Trump administration after spending 19 months in federal custody.
Wisteguens Jean Quely Charles was deported on an ICE flight originating in Louisiana, the Department of Homeland Security (Dhs) confirmed to Fox News.
Sources told Fox News that Charles was extremely combative aboard the aircraft and made crude, profane and threatening remarks about President Donald Trump and his family during the deportation flight.
Dhs Chief Mullin Clashes With Tapper Over Haiti Deportations After Supreme Court Tps Ruling
Haitian illegal immigrant Wisteguens Jean Quely Charles is escorted by federal agents to a plane. Charles was deported by ICE.
#deported #wisteguens #illegal #told
Wisteguens Jean Quely Charles was deported on an ICE flight originating in Louisiana, the Department of Homeland Security (Dhs) confirmed to Fox News.
Sources told Fox News that Charles was extremely combative aboard the aircraft and made crude, profane and threatening remarks about President Donald Trump and his family during the deportation flight.
Dhs Chief Mullin Clashes With Tapper Over Haiti Deportations After Supreme Court Tps Ruling
Haitian illegal immigrant Wisteguens Jean Quely Charles is escorted by federal agents to a plane. Charles was deported by ICE.
#deported #wisteguens #illegal #told
17 days ago
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Credit: Getty Images
Maybe it's a me thing, but I've been craving the thrill and suspense of an award show. Luckily, tonight is the 78th Primetime Emmy Awards, where NBC's Law & Order star Mariska Hargitay is hosting live from the Peacock Theater in Los Angeles. As a self-proclaimed binge-watcher, I'm all caught up on tonight's nominees, led by The Pitt with 25 nominations and Hacks at 24, breaking the record for a comedy series to date. But it's not just the potential winners getting buzz; it's the red carpet arrivals, too.
We're tuning in to see which designers tonight's attendees are wearing and get a glimpse of which trends will define 2027—or, in this case, which controversial trends. Shailene Woodley, who won her first Emmy Award for Outstanding Guest Actress in a Drama Series for her role in Hulu's Paradise last week, arrived on tonight's red carpet in a look from Pierpaolo Piccioli's Balenciaga F/W 26 haute couture collection.
The trend in question? Sequin-embroidered trousers. Woodley wore the divisive pants with their runway pairing, a plunging periwinkle tank, but traded the oversize coat for a pair of burgundy opera gloves. Woodley's stylist, Karla Welch, introduced more color with a beautiful collared necklace crafted from Venetian glass by HOWL. The flooded hem hides Woodley's, I ***** ume, very tall heels.
#emmy #woodley #trends
Credit: Getty Images
Maybe it's a me thing, but I've been craving the thrill and suspense of an award show. Luckily, tonight is the 78th Primetime Emmy Awards, where NBC's Law & Order star Mariska Hargitay is hosting live from the Peacock Theater in Los Angeles. As a self-proclaimed binge-watcher, I'm all caught up on tonight's nominees, led by The Pitt with 25 nominations and Hacks at 24, breaking the record for a comedy series to date. But it's not just the potential winners getting buzz; it's the red carpet arrivals, too.
We're tuning in to see which designers tonight's attendees are wearing and get a glimpse of which trends will define 2027—or, in this case, which controversial trends. Shailene Woodley, who won her first Emmy Award for Outstanding Guest Actress in a Drama Series for her role in Hulu's Paradise last week, arrived on tonight's red carpet in a look from Pierpaolo Piccioli's Balenciaga F/W 26 haute couture collection.
The trend in question? Sequin-embroidered trousers. Woodley wore the divisive pants with their runway pairing, a plunging periwinkle tank, but traded the oversize coat for a pair of burgundy opera gloves. Woodley's stylist, Karla Welch, introduced more color with a beautiful collared necklace crafted from Venetian glass by HOWL. The flooded hem hides Woodley's, I ***** ume, very tall heels.
#emmy #woodley #trends
17 days ago
During the September 10 episode of Mad Money, a caller questioned whether recent vertical integration by industrial competitors and market selloffs warranted a lower valuation for Howmet Aerospace Inc.'s (NYSE:HWM) economic moat, or if demand remained strong enough to make the pullback an overreaction. Jim Cramer replied:
Now, look, I'll tell you, here's the problem… It's a fastener company, and it frankly is, most times, very commodity-oriented business, and it happens to sell at 44 times earnings, and we don't want to pay that for commodities even though the business is strong. I think people are saying, "Wait a second, that's too much to pay, and I'm going to wait till it goes lower." And if you look at the chart, it does seem like it is going lower.
Howmet Aerospace Inc. (NYSE:HWM) occupies a sole-source or primary-supplier position across critical narrowbody and widebody aircraft programs, providing single-crystal turbine blades, advanced structural castings, and **** anium fasteners. Approval and qualification requirements, manufacturing complexity, and a limited supplier base can make alternative sources difficult to establish quickly. That gives the company strong pricing power on both new plane parts and higher-margin replacement spares.
The structural advantages of Howmet Aerospace Inc.'s (NYSE:HWM) business model can be seen in its Q2 financial results. Revenue surged over 24% year-over-year (21% organically) to $2.55 billion, driven by a 28% jump in commercial aerospace revenue, a 38% expansion in industrial gas turbines, and an 11% gain in defense aerospace. The core Engine Products division recorded third-party sales of $1.37 billion, up 32% year-over-year, while segment adjusted EBITDA margins expanded by 470 basis points to 37.7%.
Despite its market positioning, Howmet Aerospace Inc. (NYSE:HWM) carries valuation risks that advise a cautious approach. Trading at elevated EV/EBITDA and forward P/E multiples relative to traditional industrial peers, the stock leaves little margin for operational missteps. Capital expenditures are projected to exceed $500 million in 2026 as the company builds out production capacity for next-generation engine components and gas turbines, reducing near-term free cash conversion flexibility.
#lower #ebitda
Now, look, I'll tell you, here's the problem… It's a fastener company, and it frankly is, most times, very commodity-oriented business, and it happens to sell at 44 times earnings, and we don't want to pay that for commodities even though the business is strong. I think people are saying, "Wait a second, that's too much to pay, and I'm going to wait till it goes lower." And if you look at the chart, it does seem like it is going lower.
Howmet Aerospace Inc. (NYSE:HWM) occupies a sole-source or primary-supplier position across critical narrowbody and widebody aircraft programs, providing single-crystal turbine blades, advanced structural castings, and **** anium fasteners. Approval and qualification requirements, manufacturing complexity, and a limited supplier base can make alternative sources difficult to establish quickly. That gives the company strong pricing power on both new plane parts and higher-margin replacement spares.
The structural advantages of Howmet Aerospace Inc.'s (NYSE:HWM) business model can be seen in its Q2 financial results. Revenue surged over 24% year-over-year (21% organically) to $2.55 billion, driven by a 28% jump in commercial aerospace revenue, a 38% expansion in industrial gas turbines, and an 11% gain in defense aerospace. The core Engine Products division recorded third-party sales of $1.37 billion, up 32% year-over-year, while segment adjusted EBITDA margins expanded by 470 basis points to 37.7%.
Despite its market positioning, Howmet Aerospace Inc. (NYSE:HWM) carries valuation risks that advise a cautious approach. Trading at elevated EV/EBITDA and forward P/E multiples relative to traditional industrial peers, the stock leaves little margin for operational missteps. Capital expenditures are projected to exceed $500 million in 2026 as the company builds out production capacity for next-generation engine components and gas turbines, reducing near-term free cash conversion flexibility.
#lower #ebitda
17 days ago
On August 4, Willis Lease Finance Corporation (NASDAQ:WLFC) reported second-quarter results that pulled in two directions at once. The lessor of commercial aircraft engines grew its operating business at a healthy clip, yet net income fell by more than half, a split that makes this quarter harder to read than the headline suggests.
Income from operations climbed 20.2% to $34.0 million in the quarter ended June 30, 2026, and the engine underneath that number is lease rent revenue, which rose 6.7% to $77.1 million as the average size of Willis Lease's portfolio expanded from a year earlier. Over the first six months of 2026, lease rent revenue is up 10.4% to $154.5 million, a steadier pace than the quarterly figure alone implies.
The company's trading business added to that. Willis Lease booked a $32.0 million gain on the sale of leased equipment, up 16.2%, after selling 21 engines and other parts and equipment during the quarter, compared with 14 engines and two airframes a year earlier. That kind of turnover matters for a leasing company, since selling ****** ets at a gain confirms that engine values in the market are holding up.
The bigger story sits in how Willis Lease is expanding beyond its own balance sheet. ****** ets under management, which folds in the company's on-balance-sheet fleet along with its Willis Aviation Capital business, grew 21% year over year to $4.4 billion. CEO Austin C. Willis tied that growth directly to building out Willis Aviation Capital, and the fee income backs that up: management and advisory fees jumped 113.4% to $5.5 million in the quarter and 194.9% to $13.4 million over six months. Two new investment fund partnerships, one with Liberty Mutual Investments that began operating in March 2026 and one with Blackstone Credit & Insurance that started in April 2026, are the mechanics behind that shift toward managing other people's capital rather than only deploying its own.
Net income attributable to common shareholders fell 51.2% to $28.7 million, and diluted earnings per share dropped from $2.81 to $1.31. Some of that gap traces to a tough comparison rather than a weaker quarter, since the second quarter of 2025 included a $43.0 million gain from the sale of the BAML business that had no counterpart this year. Willis Lease also recognized a $5.4 million loss on debt extinguishment in the quarter, and $12.4 million over six months, a cost tied to refinancing that simply was not there in 2025.
#lease #capital #months
Income from operations climbed 20.2% to $34.0 million in the quarter ended June 30, 2026, and the engine underneath that number is lease rent revenue, which rose 6.7% to $77.1 million as the average size of Willis Lease's portfolio expanded from a year earlier. Over the first six months of 2026, lease rent revenue is up 10.4% to $154.5 million, a steadier pace than the quarterly figure alone implies.
The company's trading business added to that. Willis Lease booked a $32.0 million gain on the sale of leased equipment, up 16.2%, after selling 21 engines and other parts and equipment during the quarter, compared with 14 engines and two airframes a year earlier. That kind of turnover matters for a leasing company, since selling ****** ets at a gain confirms that engine values in the market are holding up.
The bigger story sits in how Willis Lease is expanding beyond its own balance sheet. ****** ets under management, which folds in the company's on-balance-sheet fleet along with its Willis Aviation Capital business, grew 21% year over year to $4.4 billion. CEO Austin C. Willis tied that growth directly to building out Willis Aviation Capital, and the fee income backs that up: management and advisory fees jumped 113.4% to $5.5 million in the quarter and 194.9% to $13.4 million over six months. Two new investment fund partnerships, one with Liberty Mutual Investments that began operating in March 2026 and one with Blackstone Credit & Insurance that started in April 2026, are the mechanics behind that shift toward managing other people's capital rather than only deploying its own.
Net income attributable to common shareholders fell 51.2% to $28.7 million, and diluted earnings per share dropped from $2.81 to $1.31. Some of that gap traces to a tough comparison rather than a weaker quarter, since the second quarter of 2025 included a $43.0 million gain from the sale of the BAML business that had no counterpart this year. Willis Lease also recognized a $5.4 million loss on debt extinguishment in the quarter, and $12.4 million over six months, a cost tied to refinancing that simply was not there in 2025.
#lease #capital #months
17 days ago
On September 10, MasterCraft Boat Holdings (NASDAQ:MCFT) reported a fiscal fourth quarter that looked nothing like the one a year earlier. Adjusted EBITDA more than doubled, margins expanded across the legacy business, and the company closed out a year defined by its May 15 acquisition of Marine Products Corporation. But buried inside those same results was a $10.1 million writedown that tells a very different story about one corner of the business.
MasterCraft's core boat business is the reason the quarter worked at all. Legacy net sales, meaning the business before the acquisition, climbed 21.5% year over year to $96.6 million in the fourth quarter, powered by the next generation X Series lineup and less discounting at the dealer level. That combination of volume and pricing pushed legacy adjusted EBITDA margin up 730 basis points to 19.3%, up from 12% a year earlier. Once the newly acquired Chaparral and Robalo brands are added in, which contributed for only six weeks after the deal closed on May 15, consolidated fourth quarter net sales reached $129.9 million, up 63.4%, and adjusted EBITDA hit $20.5 million, up 114.9%.
The company also cleaned up its channel. Dealer field inventory for the legacy business fell 30% year over year, with turnover now running ahead of pre-pandemic levels, a sign dealers are selling boats rather than sitting on them. Full-year adjusted net income reached $30.2 million, or $1.76 per diluted share, up from $15.1 million, or $0.92 per share, in fiscal 2025. The company generated $22.3 million in free cash flow for the year and, as of June 30, held $43.9 million in cash, zero debt, and a fully available $75 million credit line. MasterCraft's own retail sales grew low single digits for the year even as the broader powerboat industry fell mid to high single digits, and the newer Robalo brand posted high single-digit retail growth in the fishing boat category.
The picture gets murkier once you look past the flagship brand. The Leisure segment, home to the Crest and Balise pontoon boats, saw fourth-quarter sales fall 11.2% year over year to $12.1 million, and the company booked a $10.1 million non-cash impairment against Crest brand ******* ets tied to what management called current category conditions. On a GAAP basis, that charge combined with acquisition costs and purchase accounting adjustments turned the quarter into a net loss of $7 million, or $0.35 per diluted share, compared to net income of $5.5 million a year earlier. Operating expenses rose $23.1 million in the quarter, including $5.9 million in transaction costs tied to the acquisition.
#million #legacy
MasterCraft's core boat business is the reason the quarter worked at all. Legacy net sales, meaning the business before the acquisition, climbed 21.5% year over year to $96.6 million in the fourth quarter, powered by the next generation X Series lineup and less discounting at the dealer level. That combination of volume and pricing pushed legacy adjusted EBITDA margin up 730 basis points to 19.3%, up from 12% a year earlier. Once the newly acquired Chaparral and Robalo brands are added in, which contributed for only six weeks after the deal closed on May 15, consolidated fourth quarter net sales reached $129.9 million, up 63.4%, and adjusted EBITDA hit $20.5 million, up 114.9%.
The company also cleaned up its channel. Dealer field inventory for the legacy business fell 30% year over year, with turnover now running ahead of pre-pandemic levels, a sign dealers are selling boats rather than sitting on them. Full-year adjusted net income reached $30.2 million, or $1.76 per diluted share, up from $15.1 million, or $0.92 per share, in fiscal 2025. The company generated $22.3 million in free cash flow for the year and, as of June 30, held $43.9 million in cash, zero debt, and a fully available $75 million credit line. MasterCraft's own retail sales grew low single digits for the year even as the broader powerboat industry fell mid to high single digits, and the newer Robalo brand posted high single-digit retail growth in the fishing boat category.
The picture gets murkier once you look past the flagship brand. The Leisure segment, home to the Crest and Balise pontoon boats, saw fourth-quarter sales fall 11.2% year over year to $12.1 million, and the company booked a $10.1 million non-cash impairment against Crest brand ******* ets tied to what management called current category conditions. On a GAAP basis, that charge combined with acquisition costs and purchase accounting adjustments turned the quarter into a net loss of $7 million, or $0.35 per diluted share, compared to net income of $5.5 million a year earlier. Operating expenses rose $23.1 million in the quarter, including $5.9 million in transaction costs tied to the acquisition.
#million #legacy
17 days ago
Wisconsin congressman Tom Tiffany was on his way home Saturday evening following a demanding day of parades and political events when his plane plunged into the pitch-black darkness of Lake Wausau.
As he was returning from the La Crosse County Lincoln Day Dinner in Onalaska, Wisconsin, Tiffany, the Republican gubernatorial nominee, was aboard a Beechcraft K35 when it lost power as it approached Wausau Downtown Airport, the congressman told reporters during a Sunday news conference.
"Hang on, Tom, and buckle up because we're going to go down," Tiffany recounted pilot Len Bolt warning him moments before the emergency landing.
About 10 seconds later, the plane hit the water.
"We were down to 70, 80 miles an hour at that point, and so it was a fast-moving car crash, and all that happened to me was my head hit the dash in front of me, and that was the extent of the damage," Tiffany said. "We're just really fortunate. We're fortunate the plane didn't flip."
#wisconsin
As he was returning from the La Crosse County Lincoln Day Dinner in Onalaska, Wisconsin, Tiffany, the Republican gubernatorial nominee, was aboard a Beechcraft K35 when it lost power as it approached Wausau Downtown Airport, the congressman told reporters during a Sunday news conference.
"Hang on, Tom, and buckle up because we're going to go down," Tiffany recounted pilot Len Bolt warning him moments before the emergency landing.
About 10 seconds later, the plane hit the water.
"We were down to 70, 80 miles an hour at that point, and so it was a fast-moving car crash, and all that happened to me was my head hit the dash in front of me, and that was the extent of the damage," Tiffany said. "We're just really fortunate. We're fortunate the plane didn't flip."
#wisconsin
18 days ago
Sydney Sweeney causes rage among Olympians with nude sports betting ad that's 'kick in face' to women athletes appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
As expected, the recent Sydney Sweeney nude sports betting ad for Novig caused a stir, as the Euphoria actress received some harsh feedback from female Olympians who found it to be a "kick in the face" of women athletes.
Reigning Olympic champion Ariarne **** mus reacted to the video on Instagram (via Deadline), and she was "infuriated" watching it.
"Not only is it a kick in the face to every woman who has dedicated her life to perfecting her craft, but every woman who enjoys sports for what it really is — teamwork, friendship, dedication, excellence, unity," **** mus wrote. "How do we live in a rowld where monetising a woman's body and **** ualising women's sport is still a thing?"
Watch sports LIVE with fuboTV (free trial)
#face #sydney #clutchpoints #nude
As expected, the recent Sydney Sweeney nude sports betting ad for Novig caused a stir, as the Euphoria actress received some harsh feedback from female Olympians who found it to be a "kick in the face" of women athletes.
Reigning Olympic champion Ariarne **** mus reacted to the video on Instagram (via Deadline), and she was "infuriated" watching it.
"Not only is it a kick in the face to every woman who has dedicated her life to perfecting her craft, but every woman who enjoys sports for what it really is — teamwork, friendship, dedication, excellence, unity," **** mus wrote. "How do we live in a rowld where monetising a woman's body and **** ualising women's sport is still a thing?"
Watch sports LIVE with fuboTV (free trial)
#face #sydney #clutchpoints #nude
18 days ago
Gilded and glamorous, Eva Longoria graced the red carpet at the Global Gift Gala Madrid 2026, held at the Casino de Madrid on Sept. 13 in Madrid. The actress' look was ethereal from the makeup to her gown.
The "Desperate Housewives" star was ethereal, clad in a high-shine gold gown consisting of a sleeveless high-neck bodice and a form-fitted construction. Longoria's chosen garment was seemingly crafted of a fabric affixed with teeny tiny sequins that caught the camera's flash wherever she turned. The dress was straight up and down, a silhouette with shape in the center before shooting straight down to the floor where the skirt pooled at her feet.
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#ethereal #high #straight #gilded
The "Desperate Housewives" star was ethereal, clad in a high-shine gold gown consisting of a sleeveless high-neck bodice and a form-fitted construction. Longoria's chosen garment was seemingly crafted of a fabric affixed with teeny tiny sequins that caught the camera's flash wherever she turned. The dress was straight up and down, a silhouette with shape in the center before shooting straight down to the floor where the skirt pooled at her feet.
More from WWD
Eddie Borgo Reclaims His Icons at Nordstrom
EXCLUSIVE: Jessica McCormack Designs Sea-inspired Jewels for Design Firm L'Objet
#ethereal #high #straight #gilded