1 hr. ago
CINCINNATI (AP) — The Los Angeles Dodgers clinched their 14th consecutive playoff berth with a 4-1 win over the Cincinnati Reds on Monday night behind Tarik Skubal's seven shutout innings and home runs by Kyle Tucker and Teoscar Hernández.
Los Angeles tied the record set by Atlanta from 1991 through 2005.
The two-time defending World Series champions cut their magic number to three for a fifth straight NL West ****** le and 13th in 14 seasons. The Dodgers became the third team ****** ured of a playoff spot after Milwaukee and Tampa Bay.
Skubal (10-7) allowed three hits, struck out nine and walked one as he gained his second win against Cincinnati in seven days. Skubal allowed two runs in 7 1/3 innings in a 3-2 victory on Sept. 8.
He is 3-2 with a 2.52 ERA in eight starts since the Dodgers (91-59) acquired him from Detroit Tigers on Aug. 2.
#Dodgers #playoff #seven
Los Angeles tied the record set by Atlanta from 1991 through 2005.
The two-time defending World Series champions cut their magic number to three for a fifth straight NL West ****** le and 13th in 14 seasons. The Dodgers became the third team ****** ured of a playoff spot after Milwaukee and Tampa Bay.
Skubal (10-7) allowed three hits, struck out nine and walked one as he gained his second win against Cincinnati in seven days. Skubal allowed two runs in 7 1/3 innings in a 3-2 victory on Sept. 8.
He is 3-2 with a 2.52 ERA in eight starts since the Dodgers (91-59) acquired him from Detroit Tigers on Aug. 2.
#Dodgers #playoff #seven
2 hours ago
NEW YORK — This time, Gunnar Henderson came through in the clutch.
The Baltimore Orioles' star shortstop hasn't often been the source of big hits in key spots this season, a down year in several regards. Henderson, who still has yet to collect a walk-off hit in his career, entered Monday's game with a .674 OPS in close-and-late situations
That moment will have to wait, but Henderson enjoyed the next best thing Monday with a go-ahead home run in the eighth to help Baltimore beat the New York Mets, 2-1. With the score tied and the Orioles looking for a big hit all night, Henderson took right-hander Dedniel Núñez deep for his 23rd home run of the season and his first since Aug. 30.
Baltimore (73-78) won the series opener to give Pete Alonso a happy homecoming in his first game back at Citi Field since the Orioles signed him away from the Mets in free agency. The home team treated Alonso, who spent seven seasons in Queens, to a scoreboard tribute video and multiple standing ovations. Entering the game sitting on 299 career home runs, he went 0 for 3 with a walk.
With the win, the Orioles pulled back to within three games of the third American League wild-card spot. Their playoff odds have dwindled to the single digits, but Baltimore is not yet eliminated with 11 games left to go.
#baltimore #home #game #walk
The Baltimore Orioles' star shortstop hasn't often been the source of big hits in key spots this season, a down year in several regards. Henderson, who still has yet to collect a walk-off hit in his career, entered Monday's game with a .674 OPS in close-and-late situations
That moment will have to wait, but Henderson enjoyed the next best thing Monday with a go-ahead home run in the eighth to help Baltimore beat the New York Mets, 2-1. With the score tied and the Orioles looking for a big hit all night, Henderson took right-hander Dedniel Núñez deep for his 23rd home run of the season and his first since Aug. 30.
Baltimore (73-78) won the series opener to give Pete Alonso a happy homecoming in his first game back at Citi Field since the Orioles signed him away from the Mets in free agency. The home team treated Alonso, who spent seven seasons in Queens, to a scoreboard tribute video and multiple standing ovations. Entering the game sitting on 299 career home runs, he went 0 for 3 with a walk.
With the win, the Orioles pulled back to within three games of the third American League wild-card spot. Their playoff odds have dwindled to the single digits, but Baltimore is not yet eliminated with 11 games left to go.
#baltimore #home #game #walk
2 hours ago
CINCINNATI (AP) — The Los Angeles Dodgers marked their record-tying 14th consecutive trip to MLB's postseason with a toast of bubbly after Monday night's 4-1 victory over the Cincinnati Reds.
The bigger celebrations will come later.
"It's hard to say it ever feels routine, but it is the expectation here," third baseman Max Muncy said. "I always laugh whenever we clinch a postseason spot, we just do a nice little toast. The guys that haven't been here, they kind of see that and they expect a little bit more. That happens when you clinch the division."
The two-time defending World Series champions, who joined Milwaukee and Tampa Bay as teams who have secured playoff spots, cut their magic number to three for a fifth straight NL West ****** le and 13th in 14 seasons.
Los Angeles tied the Atlanta Braves' postseason run from 1991 through 2005. The Braves made five World Series trips during that span, but won only in 1995.
#postseason #cincinnati #World #here
The bigger celebrations will come later.
"It's hard to say it ever feels routine, but it is the expectation here," third baseman Max Muncy said. "I always laugh whenever we clinch a postseason spot, we just do a nice little toast. The guys that haven't been here, they kind of see that and they expect a little bit more. That happens when you clinch the division."
The two-time defending World Series champions, who joined Milwaukee and Tampa Bay as teams who have secured playoff spots, cut their magic number to three for a fifth straight NL West ****** le and 13th in 14 seasons.
Los Angeles tied the Atlanta Braves' postseason run from 1991 through 2005. The Braves made five World Series trips during that span, but won only in 1995.
#postseason #cincinnati #World #here
3 hours ago
CLEVELAND (AP) — Tristan Peters fouled off 12 pitches in an 18-pitch at-bat that keyed Chicago's six-run outburst in the sixth inning and the White Sox beat the Cleveland Guardians 7-3 on Monday night to stay atop the AL Central.
Kyle Teel hit a two-run double and Miguel Vargas connected for a two-run homer following Peters' lengthy plate appearance — the longest in MLB this season, and tied for the third longest since 2000.
The White Sox, who lost 102 games and finished last in 2025, won the opener of the showdown series to push their lead over the Guardians to 1 1/2 games. Chicago has led the division since July 4.
Sean Burke (9-7) didn't allow an earned run in five innings and Chicago's bullpen kept the Guardians in check as the White Sox improved to 7-4 against Cleveland to clinch the season series and tiebreaker.
The Guardians altered their rotation so Gavin Williams (13-8) could start the opener, and the right-hander gave them five solid innings. They needed six.
#cleveland #opener
Kyle Teel hit a two-run double and Miguel Vargas connected for a two-run homer following Peters' lengthy plate appearance — the longest in MLB this season, and tied for the third longest since 2000.
The White Sox, who lost 102 games and finished last in 2025, won the opener of the showdown series to push their lead over the Guardians to 1 1/2 games. Chicago has led the division since July 4.
Sean Burke (9-7) didn't allow an earned run in five innings and Chicago's bullpen kept the Guardians in check as the White Sox improved to 7-4 against Cleveland to clinch the season series and tiebreaker.
The Guardians altered their rotation so Gavin Williams (13-8) could start the opener, and the right-hander gave them five solid innings. They needed six.
#cleveland #opener
3 hours ago
For a quick reminder of what makes a team with the oldest lineup in the majors the continued favorite to win a third straight World Series – even with one unicorn tied behind its back – take a long, close look at this week's series at Great American Ball Park.
Or for mercy's sake, if you're a Cincinnati Reds fan, just read about it here.
The Los Angeles Dodgers send as many Cy Young Awards to the mound for starts against the Reds this week as there are games in the series. And that doesn't even count who's listed for Thursday's series finale (somebody they call TBA).
Two of the four CYAs belong to left-hander Tarik Skubal, the former Detroit Tigers ace the Dodgers acquired at the trade deadline, who started this week's opener.
For the second time in a week Skubal rolled the Reds, this time pitching seven scoreless innings in a 4-1 win that clinched the Dodgers' 14th consecutive playoff berth.
#week #World
Or for mercy's sake, if you're a Cincinnati Reds fan, just read about it here.
The Los Angeles Dodgers send as many Cy Young Awards to the mound for starts against the Reds this week as there are games in the series. And that doesn't even count who's listed for Thursday's series finale (somebody they call TBA).
Two of the four CYAs belong to left-hander Tarik Skubal, the former Detroit Tigers ace the Dodgers acquired at the trade deadline, who started this week's opener.
For the second time in a week Skubal rolled the Reds, this time pitching seven scoreless innings in a 4-1 win that clinched the Dodgers' 14th consecutive playoff berth.
#week #World
4 hours ago
Denver Broncos quarterback Bo Nix connected on 19-yard touchdown pass to tight end Evan Engram in the first quarter of Monday's game against the Kansas City Chiefs.
Here's video of the score, courtesy of the team's official Twitter/X page:
Following that touchdown, the Broncos and Chiefs are now tied at 7-7. We have full coverage of the game on Broncos Wire.
Social: Follow Broncos Wire on Facebook and Twitter/X!
This article originally appeared on Broncos Wire: Broncos QB Bo Nix throws TD pass to Evan Engram on 'MNF'
#engram #pass
Here's video of the score, courtesy of the team's official Twitter/X page:
Following that touchdown, the Broncos and Chiefs are now tied at 7-7. We have full coverage of the game on Broncos Wire.
Social: Follow Broncos Wire on Facebook and Twitter/X!
This article originally appeared on Broncos Wire: Broncos QB Bo Nix throws TD pass to Evan Engram on 'MNF'
#engram #pass
4 hours ago
CINCINNATI (AP) — Zac Taylor was still pleased on Monday after Cincinnati's 33-27 victory over Tampa Bay.
Yet for as well as the Bengals played in the opener, the eighth-year coach pointed out there was still plenty of room for improvement.
"The objective isn't to be your best team Week 1, it's to be your best team at the end of the season. So I just want to see that process continue to improve for us as we get ready for Houston," he said.
Taylor and the Bengals are also aware that fast starts aren't always an indicator of success, and that things can come undone very quickly. Cincinnati won its first two games last season, but then dropped eight of nine when Joe Burrow suffered a turf toe injury in Week 2.
The defense, which made four huge additions during the offseason, forced four turnovers, generated a 38.9% pressure rate and sacked the Buccaneers' Baker Mayfield four times despite having a blitz rate of 11.1%, tied for second lowest in Week 1.
#bengals #team
Yet for as well as the Bengals played in the opener, the eighth-year coach pointed out there was still plenty of room for improvement.
"The objective isn't to be your best team Week 1, it's to be your best team at the end of the season. So I just want to see that process continue to improve for us as we get ready for Houston," he said.
Taylor and the Bengals are also aware that fast starts aren't always an indicator of success, and that things can come undone very quickly. Cincinnati won its first two games last season, but then dropped eight of nine when Joe Burrow suffered a turf toe injury in Week 2.
The defense, which made four huge additions during the offseason, forced four turnovers, generated a 38.9% pressure rate and sacked the Buccaneers' Baker Mayfield four times despite having a blitz rate of 11.1%, tied for second lowest in Week 1.
#bengals #team
4 hours ago
The 2026 home campaign for the Salt Lake Bees (24-44/63-79) came to a close this week as they welcomed the Round Rock Express (Triple-A, Texas Rangers). Known as the "E-Train," the Lone Star side steamrolled their way to a dominant series victory, winning five of six. Outside of a 11-1 thrashing on Thursday, the Bees never held a lead in the other five contests. The Express (38-31/69-75) collected their first road series win in Salt Lake since 2021, when they swept the Bees in a six-game set.
Despite a quality start from Bees starter Ryan Costeiu, Round Rock earned a 5-1 series opening victory on Tuesday. The visitors scored in four different frames, while Niko Kavadas helped Salt Lake avoid a shutout with a fifth-inning solo blast. Wednesday was more of the same, as the Express tallied a 6-1 victory. MLB rehabber Josh Jung punctuated the win with a solo blast in the eighth, as the Bees were held to just a trio of hits for the second straight game.
As mentioned above, the Salt Lake bats came alive on Thursday with an 11-1 rout. The team tied their season-high with four homers, spotlighted by Kavadas' second multi-homer night of the campaign. The infielder's surge was part of a four-hit night, his first at any level since 2022. On the mound, Joel Hurtado turned in 6.2 innings of one-run ball, finally collecting his first Triple-A win in his eighth try. After falling behind 5-0 on Friday, the Bees nearly completed a comeback, coming up just short in a 5-4 defeat. Salt Lake got the winning run on base in the ninth, but ultimately fell short.
The final Saturday and Sunday at home in 2026 were near carbon copies of each other. Big first innings for Round Rock put them in the driver's seat, leading 6-0 and 4-0, respectively. Saturday's output was more than enough for the visitors as they added seven more runs over the course of the game to shutout the Bees 13-0. On Sunday's home finale, Salt Lake battled and answered every time the Express scored. They closed the gap to 6-4 before Round Rock gained some length with Aaron Zavala's two-run blast in the sixth, the only longball of the evening. The Bees did not go down without a fight, bringing the tying run to the plate in the ninth. A flyball was tracked down for the 27th and final out of the finale, completing the Express' 9-6 victory.
The 74th and final home game saw 7,853 fans come through the turnstiles of The Ballpark at America First Square — the largest crowd in ballpark history. Salt Lake finished 35-39 at home this season, winning or splitting nine of their 13 total home series. The Bees were victorious in at least one game against every opponent who came to South Jordan, avoiding a sweep for the second straight season as the hosts.
#lake #express
Despite a quality start from Bees starter Ryan Costeiu, Round Rock earned a 5-1 series opening victory on Tuesday. The visitors scored in four different frames, while Niko Kavadas helped Salt Lake avoid a shutout with a fifth-inning solo blast. Wednesday was more of the same, as the Express tallied a 6-1 victory. MLB rehabber Josh Jung punctuated the win with a solo blast in the eighth, as the Bees were held to just a trio of hits for the second straight game.
As mentioned above, the Salt Lake bats came alive on Thursday with an 11-1 rout. The team tied their season-high with four homers, spotlighted by Kavadas' second multi-homer night of the campaign. The infielder's surge was part of a four-hit night, his first at any level since 2022. On the mound, Joel Hurtado turned in 6.2 innings of one-run ball, finally collecting his first Triple-A win in his eighth try. After falling behind 5-0 on Friday, the Bees nearly completed a comeback, coming up just short in a 5-4 defeat. Salt Lake got the winning run on base in the ninth, but ultimately fell short.
The final Saturday and Sunday at home in 2026 were near carbon copies of each other. Big first innings for Round Rock put them in the driver's seat, leading 6-0 and 4-0, respectively. Saturday's output was more than enough for the visitors as they added seven more runs over the course of the game to shutout the Bees 13-0. On Sunday's home finale, Salt Lake battled and answered every time the Express scored. They closed the gap to 6-4 before Round Rock gained some length with Aaron Zavala's two-run blast in the sixth, the only longball of the evening. The Bees did not go down without a fight, bringing the tying run to the plate in the ninth. A flyball was tracked down for the 27th and final out of the finale, completing the Express' 9-6 victory.
The 74th and final home game saw 7,853 fans come through the turnstiles of The Ballpark at America First Square — the largest crowd in ballpark history. Salt Lake finished 35-39 at home this season, winning or splitting nine of their 13 total home series. The Bees were victorious in at least one game against every opponent who came to South Jordan, avoiding a sweep for the second straight season as the hosts.
#lake #express
7 hours 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
7 hours ago
On August 6, The RealReal (NASDAQ:REAL) reported second quarter results that beat its own outlook and pushed the resale luxury marketplace to raise its full year guidance. Gross merchandise value hit an all time high of $617 million, up 22% from a year earlier, and management pointed to four straight quarters of GMV growth above 20%. But a wider net loss sitting next to those record numbers complicates the story for anyone weighing the stock today.
The headline number is GMV of $617 million for the quarter ended June 30, up 22% year over year, with total revenue climbing 17% to $193 million. Consignment revenue grew 15% while Direct Revenue, the company's owned inventory channel, grew 26%, showing both sides of the business contributing to the acceleration. Profitability moved in the same direction. Gross margin reached 74.4%, up 10 basis points from a year ago, and Adjusted EBITDA margin jumped to 7%, a 290 basis point improvement that management called nearly 300 basis points of expansion.
The buyer base backs up the growth story rather than just the pricing. Trailing twelve-month active buyers rose 11% to 1,107,000, and average order value climbed 13% to $659, meaning existing shoppers are spending meaningfully more per transaction, not just showing up more often. That combination gave management enough confidence to raise full-year guidance to $2.54 billion to $2.57 billion in GMV and $788 million to $797 million in total revenue, alongside third-quarter Adjusted EBITDA guidance of $13.5 million to $14.5 million.
Despite the operating improvements, GAAP losses widened. Net loss came in at $27 million, or 14.1% of total revenue, compared to $11 million, or 6.9% of total revenue, a year earlier. GAAP basic net loss per share was $0.23 versus $0.10 in the prior year period, and diluted net loss per share was $0.23 versus $0.13. Much of that swing traces to a $(18.6) million non-cash adjustment tied to the change in fair value of warrant liability, a factor unrelated to how the underlying business performed. On a non-GAAP basis, basic and diluted net loss per share actually narrowed to $0.01 from $0.06, underscoring how much of the GAAP gap is accounting rather than operations.
There is also a transparency wrinkle in the guidance itself. The RealReal said it has not reconciled its forward-looking Adjusted EBITDA figures to GAAP net income or loss, citing components like payroll tax expense on employee stock transactions that it cannot predict with reasonable certainty. That leaves investors trusting a non-GAAP target without the usual bridge back to the bottom line.
#adjusted
The headline number is GMV of $617 million for the quarter ended June 30, up 22% year over year, with total revenue climbing 17% to $193 million. Consignment revenue grew 15% while Direct Revenue, the company's owned inventory channel, grew 26%, showing both sides of the business contributing to the acceleration. Profitability moved in the same direction. Gross margin reached 74.4%, up 10 basis points from a year ago, and Adjusted EBITDA margin jumped to 7%, a 290 basis point improvement that management called nearly 300 basis points of expansion.
The buyer base backs up the growth story rather than just the pricing. Trailing twelve-month active buyers rose 11% to 1,107,000, and average order value climbed 13% to $659, meaning existing shoppers are spending meaningfully more per transaction, not just showing up more often. That combination gave management enough confidence to raise full-year guidance to $2.54 billion to $2.57 billion in GMV and $788 million to $797 million in total revenue, alongside third-quarter Adjusted EBITDA guidance of $13.5 million to $14.5 million.
Despite the operating improvements, GAAP losses widened. Net loss came in at $27 million, or 14.1% of total revenue, compared to $11 million, or 6.9% of total revenue, a year earlier. GAAP basic net loss per share was $0.23 versus $0.10 in the prior year period, and diluted net loss per share was $0.23 versus $0.13. Much of that swing traces to a $(18.6) million non-cash adjustment tied to the change in fair value of warrant liability, a factor unrelated to how the underlying business performed. On a non-GAAP basis, basic and diluted net loss per share actually narrowed to $0.01 from $0.06, underscoring how much of the GAAP gap is accounting rather than operations.
There is also a transparency wrinkle in the guidance itself. The RealReal said it has not reconciled its forward-looking Adjusted EBITDA figures to GAAP net income or loss, citing components like payroll tax expense on employee stock transactions that it cannot predict with reasonable certainty. That leaves investors trusting a non-GAAP target without the usual bridge back to the bottom line.
#adjusted
7 hours ago
MADRID (AP) — Leeds hammered woeful Newcastle 4-1 to go third in the Premier League on Monday while Real Betis won 2-1 at Villarreal to move equal on points with second-place Real Madrid in La Liga.
The top two in Italy, Roma and Inter Milan, won comfortably to maintain their 100 per cent records and Como beat Parma 2-1 to climb into third spot.
Betis' fairy tale start to the Spanish season continued with victory over Villarreal.
The win, courtesy of goals from Cucho Hernández and Natan, came 10 days after it beat Real Madrid 1-0 in La Liga, and less than a week after it overcame Lille 3-2 in its first Champions League group match since 2005.
The result at Estadio de la Ceramica lifts Betis into second place, tied with Madrid on 12 points. Barcelona is top on 15.
#betis
The top two in Italy, Roma and Inter Milan, won comfortably to maintain their 100 per cent records and Como beat Parma 2-1 to climb into third spot.
Betis' fairy tale start to the Spanish season continued with victory over Villarreal.
The win, courtesy of goals from Cucho Hernández and Natan, came 10 days after it beat Real Madrid 1-0 in La Liga, and less than a week after it overcame Lille 3-2 in its first Champions League group match since 2005.
The result at Estadio de la Ceramica lifts Betis into second place, tied with Madrid on 12 points. Barcelona is top on 15.
#betis
7 hours ago
On September 10, LightPath Technologies (NASDAQ:LPTH) reported fiscal fourth-quarter and full-year results that turned a multiyear strategic bet into a financial statement. Revenue nearly doubled for the year, margins expanded, and the company walked away from its last manufacturing ties to China. For a small-cap optics supplier that spent years explaining a strategy, this was the quarter the strategy started explaining itself.
Annual revenue climbed 92.7% to $71.7 million from $37.2 million, and the fourth quarter alone hit a record $21.2 million, up 73.8% year over year. That growth is not just volume. Full-year gross margin expanded to 36% from 27.2%, and the fourth quarter came in even higher at 39.4%, because ****** emblies, modules and cameras now make up 44% of annual sales instead of being sold as raw components.
CEO Sam Rubin said the shift reflects both a change in what LightPath sells and better execution on what it already made, noting every one of its four product groups improved margin for the year. Backlog finished at $110.9 million, up 197% from $37.4 million a year earlier, with $85.6 million of it scheduled for delivery within 12 months. Weeks after the fiscal year closed, the company booked another $24 million in counter-UAS orders, and some of those programs have already moved to monthly delivery cadences of tens of units.
LightPath also completed its exit from China, selling its subsidiary there for $4.5 million paid out over five years, leaving the company with no manufacturing footprint in a country that increasingly can't supply the defense primes it depends on. That matters because defense programs face a deadline this decade to source optics away from covered nations, and qualification cycles run two to three years, meaning the sourcing decisions being made now will determine who wins contracts in 2029 and 2030.
The company's fourth-quarter net loss narrowed to $4.1 million from $7.1 million a year earlier, but full-year operating expenses jumped to $45.5 million from $22 million, and $15.6 million of that was a noncash charge tied to G5 Infrared outperforming the earnout targets set at acquisition. Management called that charge mostly behind the business now that the final G5 payout has been accrued for January 2027, but it is a reminder that acquisition accounting can swing the income statement even when operations are healthy.
#year #quarter #China
Annual revenue climbed 92.7% to $71.7 million from $37.2 million, and the fourth quarter alone hit a record $21.2 million, up 73.8% year over year. That growth is not just volume. Full-year gross margin expanded to 36% from 27.2%, and the fourth quarter came in even higher at 39.4%, because ****** emblies, modules and cameras now make up 44% of annual sales instead of being sold as raw components.
CEO Sam Rubin said the shift reflects both a change in what LightPath sells and better execution on what it already made, noting every one of its four product groups improved margin for the year. Backlog finished at $110.9 million, up 197% from $37.4 million a year earlier, with $85.6 million of it scheduled for delivery within 12 months. Weeks after the fiscal year closed, the company booked another $24 million in counter-UAS orders, and some of those programs have already moved to monthly delivery cadences of tens of units.
LightPath also completed its exit from China, selling its subsidiary there for $4.5 million paid out over five years, leaving the company with no manufacturing footprint in a country that increasingly can't supply the defense primes it depends on. That matters because defense programs face a deadline this decade to source optics away from covered nations, and qualification cycles run two to three years, meaning the sourcing decisions being made now will determine who wins contracts in 2029 and 2030.
The company's fourth-quarter net loss narrowed to $4.1 million from $7.1 million a year earlier, but full-year operating expenses jumped to $45.5 million from $22 million, and $15.6 million of that was a noncash charge tied to G5 Infrared outperforming the earnout targets set at acquisition. Management called that charge mostly behind the business now that the final G5 payout has been accrued for January 2027, but it is a reminder that acquisition accounting can swing the income statement even when operations are healthy.
#year #quarter #China
8 hours ago
On September 10, IBEX Limited (NASDAQ:IBEX) held its fourth-quarter and full fiscal year 2026 earnings call, and the numbers backed up a message management has been building toward for months. The company posted record full-year revenue, adjusted EBITDA, and free cash flow, all while pitching itself as a business that has flipped the AI narrative in its favor rather than becoming its next casualty. For a sector that has spent the last two years bracing for automation to gut it, that is a notable claim to back with actual client wins.
Full-year revenue hit $644.1 million, up 15.4% organically, and fourth-quarter revenue reached $164.3 million, up 11.6% from a year earlier. That marked the sixth straight quarter of double-digit growth, a streak that suggests the momentum is not a one-off. HealthTech led the charge, climbing 38.5% to $114 million for the year and blowing past the $100 million target management had set for the segment, driven largely by demand from large insurance payers. Technology grew 27.4% in the quarter, while travel and logistics added 17.8%, helped by a new AI agent partnership with Philippine Airlines.
That Philippine Airlines deal is the clearest evidence that IBEX's Sierra AI partnership, formalized in January and announced publicly in May, is more than a slide in an investor deck. During the proof of concept, the AI agent handled interactions in English, Tagalog, and Taglish, hit resolution rates above 20%, and scored a 4.7 out of 5.0 on customer satisfaction, on par with human agents. A separate deployment for BJ's Wholesale pushed resolution rates above 40% and matched that same satisfaction score, beating the marks the client's prior BPO vendor had put up with human agents alone. The company added 17 new trophy logo clients across the year, and its top five clients now make up 33% of revenue, down from 36%, a sign the business is not leaning on a shrinking handful of accounts to carry it.
Not every line moved in the right direction. Fourth quarter GAAP net income slipped to $8.7 million from $9.6 million a year earlier, and diluted EPS fell to $0.59 from $0.66. Management pointed to training costs tied to all those new client wins, a temporary hit from shifting work out of nearshore centers into offshore ones, and higher fuel prices hitting utility and transportation costs, particularly offshore. Adjusted EBITDA margin for the quarter slipped to 12.3% from 13.9%, the same set of pressures showing up in the profitability line rather than just net income.
#revenue #fourth
Full-year revenue hit $644.1 million, up 15.4% organically, and fourth-quarter revenue reached $164.3 million, up 11.6% from a year earlier. That marked the sixth straight quarter of double-digit growth, a streak that suggests the momentum is not a one-off. HealthTech led the charge, climbing 38.5% to $114 million for the year and blowing past the $100 million target management had set for the segment, driven largely by demand from large insurance payers. Technology grew 27.4% in the quarter, while travel and logistics added 17.8%, helped by a new AI agent partnership with Philippine Airlines.
That Philippine Airlines deal is the clearest evidence that IBEX's Sierra AI partnership, formalized in January and announced publicly in May, is more than a slide in an investor deck. During the proof of concept, the AI agent handled interactions in English, Tagalog, and Taglish, hit resolution rates above 20%, and scored a 4.7 out of 5.0 on customer satisfaction, on par with human agents. A separate deployment for BJ's Wholesale pushed resolution rates above 40% and matched that same satisfaction score, beating the marks the client's prior BPO vendor had put up with human agents alone. The company added 17 new trophy logo clients across the year, and its top five clients now make up 33% of revenue, down from 36%, a sign the business is not leaning on a shrinking handful of accounts to carry it.
Not every line moved in the right direction. Fourth quarter GAAP net income slipped to $8.7 million from $9.6 million a year earlier, and diluted EPS fell to $0.59 from $0.66. Management pointed to training costs tied to all those new client wins, a temporary hit from shifting work out of nearshore centers into offshore ones, and higher fuel prices hitting utility and transportation costs, particularly offshore. Adjusted EBITDA margin for the quarter slipped to 12.3% from 13.9%, the same set of pressures showing up in the profitability line rather than just net income.
#revenue #fourth
8 hours 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
8 hours ago
On September 10, Tsakos Energy Navigation (NYSE:TEN) reported a first half of 2026 that reads like a fantasy year for a decades-old tanker operator. Net income hit $228 million, more than triple what the company earned over the same six months a year earlier, while diluted EPS climbed to $7.12 from $1.70. Behind those numbers sits a rare combination: a fleet locked into billions in forward earnings, war-driven cargo detours pushing rates higher, and a newbuilding bet that has already paid off before half the ships have even hit the water.
The earnings power came from two directions at once. The average time charter equivalent rate rose 41% to $43,503 a day in the first half, and profit-sharing contracts on nine large vessels brought in $71 million, up from just $10 million a year earlier. Even with six vessels pulled from service for scheduled dry docks, the fleet still ran at 96.5% utilization. Second-quarter results followed the same pattern, with net income of $139.3 million, which included a $38 million gain on ******* et sales, and earnings per share of $4.40 against $0.67 in last year's second quarter.
Tsakos is also sitting on a fleet renewal bet that already worked out. Since the start of 2023, the company has sold 20 tankers averaging 17.3 years old and replaced them with 35 vessels averaging just half a year old. Its 26-ship newbuilding program, contracted for about $3.1 billion, is now valued roughly 30% above that cost, and CEO Nikolas Tsakos said the VLCCs in that order book have nearly doubled in price since they were placed. With $466 million in cash and forward committed earnings of roughly $3.5 billion, management has room to raise its dividend, which already paid out $1.60 per share this year, and is weighing whether to redeem $120 million of 9.25% preferred shares, a move it estimates could add $0.30 to $0.40 to EPS.
That performance came against a backdrop the company would rather not have. President George Saroglou said vessels have been attacked, and seafarers hurt or killed trying to keep global trade moving through the Strait of Hormuz, where a ceasefire unraveled roughly halfway through its planned 60-day run and a US naval presence now tries to manage safe passage. Tsakos has chosen to route around the strait entirely rather than put crews through the toll those attacks take.
The cost side is climbing too. Bunker prices jumped about 25%, pushing first-half voyage expenses to $82 million from $68 million, and operating expenses rose to $111 million from $102 million on higher dry-docking costs and inflation. Total debt reached $2.1 billion at the end of June, up from $1.8 billion a year earlier, as the company finances its newbuilding program. And while profit-sharing revenue jumped, the operating days tied to those market-related contracts actually fell 22%, meaning a smaller slice of the fleet is left exposed to capture further spot-rate gains if the tanker market keeps running hot.
#billion
The earnings power came from two directions at once. The average time charter equivalent rate rose 41% to $43,503 a day in the first half, and profit-sharing contracts on nine large vessels brought in $71 million, up from just $10 million a year earlier. Even with six vessels pulled from service for scheduled dry docks, the fleet still ran at 96.5% utilization. Second-quarter results followed the same pattern, with net income of $139.3 million, which included a $38 million gain on ******* et sales, and earnings per share of $4.40 against $0.67 in last year's second quarter.
Tsakos is also sitting on a fleet renewal bet that already worked out. Since the start of 2023, the company has sold 20 tankers averaging 17.3 years old and replaced them with 35 vessels averaging just half a year old. Its 26-ship newbuilding program, contracted for about $3.1 billion, is now valued roughly 30% above that cost, and CEO Nikolas Tsakos said the VLCCs in that order book have nearly doubled in price since they were placed. With $466 million in cash and forward committed earnings of roughly $3.5 billion, management has room to raise its dividend, which already paid out $1.60 per share this year, and is weighing whether to redeem $120 million of 9.25% preferred shares, a move it estimates could add $0.30 to $0.40 to EPS.
That performance came against a backdrop the company would rather not have. President George Saroglou said vessels have been attacked, and seafarers hurt or killed trying to keep global trade moving through the Strait of Hormuz, where a ceasefire unraveled roughly halfway through its planned 60-day run and a US naval presence now tries to manage safe passage. Tsakos has chosen to route around the strait entirely rather than put crews through the toll those attacks take.
The cost side is climbing too. Bunker prices jumped about 25%, pushing first-half voyage expenses to $82 million from $68 million, and operating expenses rose to $111 million from $102 million on higher dry-docking costs and inflation. Total debt reached $2.1 billion at the end of June, up from $1.8 billion a year earlier, as the company finances its newbuilding program. And while profit-sharing revenue jumped, the operating days tied to those market-related contracts actually fell 22%, meaning a smaller slice of the fleet is left exposed to capture further spot-rate gains if the tanker market keeps running hot.
#billion
8 hours ago
Since his debut in 2018, Ronald Acuña Jr. has been one of baseball's most exciting players. His power-speed combo has made him one of the sport's best players. In 2019, Acuña fell just short of the elusive 40/40 club. In 156 games, he tallied 41 home runs and 37 stolen bases, which led the National League.
He was on an MVP trajectory in 2021. In 82 games that season, Acuña had a .990 OPS with 24 home runs and 17 stolen bases. Unfortunately, everything changed on July 10 when he tore his ACL attempting to make a leaping catch at the wall down in Miami. During his first three and a half seasons, Acuña was on the fast track to the Hall of Fame. His injury not only slowed that down, but it also raised questions about whether he'd ever be the same again.
The Braves eventually won the World Series, but Acuña was sidelined and could only celebrate from the dugout. Still, though, he received a World Series ring on Opening Day in 2022. He would return to action on April 28 against the Chicago Cubs. However, it was clear that Acuña wasn't the same player. In 119 games, he only hit 15 home runs, and his OPS dropped to .764—the worst mark of his career. It seemed he would never be the same again, but Acuña quieted the doubters with one of the greatest individual seasons in MLB history.
Acuña didn't just make history; the Braves did, too. In 2023, Atlanta finished with the best record in MLB (104-58). That year, they tied the MLB record for home runs in a season (307). Three players, including Acuña (41), hit at least 40 home runs that season. In 2023, MLB also made a slew of rule changes, including making the bases 18 inches. The extra three inches, along with the new pickoff rule, were meant to influence more action on the base paths.
Acuña took full advantage by stealing 73 bases that season. In the process, he became the first, and only, player to hit at least 40 home runs and steal at least 70 bases. Along the way, he also became the first and only player to hit at least 30 home runs and steal at least 60 bases.
#home #least
He was on an MVP trajectory in 2021. In 82 games that season, Acuña had a .990 OPS with 24 home runs and 17 stolen bases. Unfortunately, everything changed on July 10 when he tore his ACL attempting to make a leaping catch at the wall down in Miami. During his first three and a half seasons, Acuña was on the fast track to the Hall of Fame. His injury not only slowed that down, but it also raised questions about whether he'd ever be the same again.
The Braves eventually won the World Series, but Acuña was sidelined and could only celebrate from the dugout. Still, though, he received a World Series ring on Opening Day in 2022. He would return to action on April 28 against the Chicago Cubs. However, it was clear that Acuña wasn't the same player. In 119 games, he only hit 15 home runs, and his OPS dropped to .764—the worst mark of his career. It seemed he would never be the same again, but Acuña quieted the doubters with one of the greatest individual seasons in MLB history.
Acuña didn't just make history; the Braves did, too. In 2023, Atlanta finished with the best record in MLB (104-58). That year, they tied the MLB record for home runs in a season (307). Three players, including Acuña (41), hit at least 40 home runs that season. In 2023, MLB also made a slew of rule changes, including making the bases 18 inches. The extra three inches, along with the new pickoff rule, were meant to influence more action on the base paths.
Acuña took full advantage by stealing 73 bases that season. In the process, he became the first, and only, player to hit at least 40 home runs and steal at least 70 bases. Along the way, he also became the first and only player to hit at least 30 home runs and steal at least 60 bases.
#home #least
9 hours ago
Alaina Ruiz, LEE: senior, outside hitter - Ruiz had 48 kills. 36 digs and two aces in the Volunteers' five-set victories against Johnson and Roosevelt. LEE is now 2-0 in District 28-6A and tied with Reagan.
Reagan's Kennedy Crider had 36 kills with a .463 hitting percentage in sweeps against Brandeis and Churchill.
Clemens' McKenna Gobin had 20 kills (.541 hitting percentage) and seven digs in a sweep against Judson.
Incarnate Word's Lorena Gomez had 82 ***** ists in victories against Stockdale and New Braunfels Christian to push her past 3,000 for her career.
David Hinojosa
#ruiz #hitting #volunteers #roosevelt
Reagan's Kennedy Crider had 36 kills with a .463 hitting percentage in sweeps against Brandeis and Churchill.
Clemens' McKenna Gobin had 20 kills (.541 hitting percentage) and seven digs in a sweep against Judson.
Incarnate Word's Lorena Gomez had 82 ***** ists in victories against Stockdale and New Braunfels Christian to push her past 3,000 for her career.
David Hinojosa
#ruiz #hitting #volunteers #roosevelt
10 hours ago
Torrey DeVitto and her husband, Jared LaPine, are celebrating two years of marriage
In a post marking their anniversary on Sept. 14, the Chicago Med actress wrote, "Since meeting my husband and growing our family, all my dreams have turned into reality"
DeVitto and LaPine tied the knot in September 2024, two months before they welcomed their daughter, Lyle-Josephine
Torrey DeVitto says her love story with husband Jared LaPine was "well worth the wait" as the couple celebrates their second wedding anniversary.
On Monday, Sept. 14, the Chicago Med star, 42, marked the special occasion on Instagram, sharing a photo of herself and LaPine sitting with their arms around each other. In a second snapshot, they can be seen smiling and working on a 500-piece jigsaw puzzle together.
#Chicago
In a post marking their anniversary on Sept. 14, the Chicago Med actress wrote, "Since meeting my husband and growing our family, all my dreams have turned into reality"
DeVitto and LaPine tied the knot in September 2024, two months before they welcomed their daughter, Lyle-Josephine
Torrey DeVitto says her love story with husband Jared LaPine was "well worth the wait" as the couple celebrates their second wedding anniversary.
On Monday, Sept. 14, the Chicago Med star, 42, marked the special occasion on Instagram, sharing a photo of herself and LaPine sitting with their arms around each other. In a second snapshot, they can be seen smiling and working on a 500-piece jigsaw puzzle together.
#Chicago
10 hours ago
By Bo Erickson, Padraic Halpin and Conor Humphries
DOONBEG, Ireland, Sept 13 (Reuters) - No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve's next policy meeting.
Speaking to reporters at the Irish Open golf tournament, Trump said he did not know whether Fed policymakers will raise interest rates at their meeting this week. But he said the U.S. "should be paying the lowest interest rate in the world" no matter what the Federal Reserve's data indicates about inflation and the economy.
The Labor Department's Consumer Price Index, a key measure of underlying inflation, on Friday posted its largest increase in four months. That reinforced expectations that the U.S. central bank will raise the target range for its federal funds rate, now at 3.5% to 3.75%, at the conclusion of its Federal Open Market Committee meeting on Wednesday.
Price pressures remain elevated as the economy deals with Trump's import tax increases and surging energy prices tied to the Iran war. Many at the Fed worry that the longer inflation remains high, the greater the cost will be to get it back to target.
#inflation #price #rate
DOONBEG, Ireland, Sept 13 (Reuters) - No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve's next policy meeting.
Speaking to reporters at the Irish Open golf tournament, Trump said he did not know whether Fed policymakers will raise interest rates at their meeting this week. But he said the U.S. "should be paying the lowest interest rate in the world" no matter what the Federal Reserve's data indicates about inflation and the economy.
The Labor Department's Consumer Price Index, a key measure of underlying inflation, on Friday posted its largest increase in four months. That reinforced expectations that the U.S. central bank will raise the target range for its federal funds rate, now at 3.5% to 3.75%, at the conclusion of its Federal Open Market Committee meeting on Wednesday.
Price pressures remain elevated as the economy deals with Trump's import tax increases and surging energy prices tied to the Iran war. Many at the Fed worry that the longer inflation remains high, the greater the cost will be to get it back to target.
#inflation #price #rate
12 hours ago
NFL star Ladd McConkey is married to his high school sweetheart, Sydney
The couple grew up in Chatsworth, Ga., and tied the knot in April 2025
They are currently expecting their first child together
Ladd McConkey is making his mark on the NFL with his wife, Sydney McConkey, by his side.
The longtime couple are high school sweethearts who began dating in 2017 after meeting as kids in their hometown of Chatsworth, Ga. After high school, Sydney cheered Ladd on at the University of Georgia, where he won two national championships with the Georgia Bulldogs.
#chatsworth #georgia
The couple grew up in Chatsworth, Ga., and tied the knot in April 2025
They are currently expecting their first child together
Ladd McConkey is making his mark on the NFL with his wife, Sydney McConkey, by his side.
The longtime couple are high school sweethearts who began dating in 2017 after meeting as kids in their hometown of Chatsworth, Ga. After high school, Sydney cheered Ladd on at the University of Georgia, where he won two national championships with the Georgia Bulldogs.
#chatsworth #georgia
13 hours ago
The Big East Conference announced the men's regular season basketball league schedule Sept. 14, completing Xavier's 2026-27 regular season slate.
Xavier, which finished 16-18 overall and tied for last in the Big East (6-14) last year, opens league play on Saturday, Dec. 19 on the road against Marquette at Fiserv Forum.
Xavier's Big East home opener is on Tuesday, Dec. 22 when Creighton visits Cintas Center.
More: Xavier basketball gets commitment from 4-star, Class of 2027 forward
More: Elder, Xavier grad Pat Kelsey gets a Louisville Bats bobblehead
#east #regular #gets #sept
Xavier, which finished 16-18 overall and tied for last in the Big East (6-14) last year, opens league play on Saturday, Dec. 19 on the road against Marquette at Fiserv Forum.
Xavier's Big East home opener is on Tuesday, Dec. 22 when Creighton visits Cintas Center.
More: Xavier basketball gets commitment from 4-star, Class of 2027 forward
More: Elder, Xavier grad Pat Kelsey gets a Louisville Bats bobblehead
#east #regular #gets #sept
14 hours ago
HSBC Holdings plc (NYSE:HSBC) is winding down its transaction services business in Germany, with more than 300 positions at HSBC Transaction Services GmbH and HSBC Service Company Germany GmbH expected to be phased out by 2028. The division provides securities processing, administration and custody services.
HSBC said the move is part of its broader strategy to strengthen its position in businesses where it has competitive advantages and sees stronger growth opportunities. The decision follows HSBC Germany's sale of its private banking business to BNP Paribas last year, highlighting the bank's continued effort to streamline its European operations.
Northfoto/Shutterstock.com
The biggest positive for HSBC Holdings plc (NYSE:HSBC) is that the German exit could improve the bank's efficiency and profitability over time. Rather than continuing to allocate capital and employees to a transaction-services operation that HSBC apparently sees as less strategically attractive, the bank can redirect resources toward areas where it has stronger competitive advantages. This fits CEO Georges Elhedery's broader restructuring strategy of reducing complexity, cutting costs and concentrating HSBC on businesses with better growth prospects. Reuters has reported that HSBC has already been selling non-core operations as part of this transformation, while its shares have risen substantially since the restructuring began.
The timing could also be constructive. Germany's economy remains under pressure, with industrial production falling unexpectedly in July and manufacturing activity still facing significant challenges. Reducing exposure to a business tied to the German market could therefore protect HSBC Holdings plc (NYSE:HSBC) from maintaining costs in an environment where growth is relatively weak.
#german
HSBC said the move is part of its broader strategy to strengthen its position in businesses where it has competitive advantages and sees stronger growth opportunities. The decision follows HSBC Germany's sale of its private banking business to BNP Paribas last year, highlighting the bank's continued effort to streamline its European operations.
Northfoto/Shutterstock.com
The biggest positive for HSBC Holdings plc (NYSE:HSBC) is that the German exit could improve the bank's efficiency and profitability over time. Rather than continuing to allocate capital and employees to a transaction-services operation that HSBC apparently sees as less strategically attractive, the bank can redirect resources toward areas where it has stronger competitive advantages. This fits CEO Georges Elhedery's broader restructuring strategy of reducing complexity, cutting costs and concentrating HSBC on businesses with better growth prospects. Reuters has reported that HSBC has already been selling non-core operations as part of this transformation, while its shares have risen substantially since the restructuring began.
The timing could also be constructive. Germany's economy remains under pressure, with industrial production falling unexpectedly in July and manufacturing activity still facing significant challenges. Reducing exposure to a business tied to the German market could therefore protect HSBC Holdings plc (NYSE:HSBC) from maintaining costs in an environment where growth is relatively weak.
#german
14 hours ago
Nicole Kidman's younger daughter is still rarely seen in public, but the gaps between appearances are getting shorter.
The 59-year-old actor brought 15-year-old Faith Margaret to the U.S. Open in New York on Sept. 11, with the mother and daughter arriving at the USTA Billie Jean King National Tennis Center hand in hand before watching the men's semifinals.
Faith has generally maintained a lower public profile than her older sister Sunday Rose, who has already built a modeling résumé. That made the relaxed outing particularly noticeable as Faith walked beside her mother in a polka-dot maxi dress while Kidman traded her recent premiere gowns for jeans, sneakers and a pale blue shirt.
Faith has also joined Kidman at several public events over the past year, appeared with her in a beauty campaign and traveled with her to Australia earlier this month, although most of those appearances have remained tied to her mother's work.
Kidman and Faith attended Day 13 of the tournament at Arthur Ashe Stadium on Friday. E! News reported that the pair entered the venue holding hands before settling in for the men's semifinal action.
#hand
The 59-year-old actor brought 15-year-old Faith Margaret to the U.S. Open in New York on Sept. 11, with the mother and daughter arriving at the USTA Billie Jean King National Tennis Center hand in hand before watching the men's semifinals.
Faith has generally maintained a lower public profile than her older sister Sunday Rose, who has already built a modeling résumé. That made the relaxed outing particularly noticeable as Faith walked beside her mother in a polka-dot maxi dress while Kidman traded her recent premiere gowns for jeans, sneakers and a pale blue shirt.
Faith has also joined Kidman at several public events over the past year, appeared with her in a beauty campaign and traveled with her to Australia earlier this month, although most of those appearances have remained tied to her mother's work.
Kidman and Faith attended Day 13 of the tournament at Arthur Ashe Stadium on Friday. E! News reported that the pair entered the venue holding hands before settling in for the men's semifinal action.
#hand
14 hours ago
Sydney Sweeney's latest ad campaign has landed very differently with some of the women who have spent their lives competing in sports.
Four-time Olympic gold medalist Ariarne ***** mus is among a growing group of athletes criticizing Sweeney's new "Just Sports" campaign for Novig, a sports prediction market. The campaign shows Sweeney nude or minimally dressed while footballs, basketballs, hockey equipment and other sports gear strategically cover her body.
Athletes including former UCLA gymnast Gracie Kramer, Olympic swimmer Lani Pallister, British sprinter Amy Hunt and water polo Olympian Tilly Kearns have responded by putting competition, training and athletic achievement back at the center of their own posts.
Sweeney is more closely tied to the campaign than a typical celebrity spokesperson. Novig announced that she joined the company as a strategic partner and equity holder, while Sweeney said she had participated in the creative process from the beginning.
The four-time Olympic champion, who retired from competitive swimming in 2025, wrote on Instagram that she had believed this kind of marketing belonged in the past.
#four
Four-time Olympic gold medalist Ariarne ***** mus is among a growing group of athletes criticizing Sweeney's new "Just Sports" campaign for Novig, a sports prediction market. The campaign shows Sweeney nude or minimally dressed while footballs, basketballs, hockey equipment and other sports gear strategically cover her body.
Athletes including former UCLA gymnast Gracie Kramer, Olympic swimmer Lani Pallister, British sprinter Amy Hunt and water polo Olympian Tilly Kearns have responded by putting competition, training and athletic achievement back at the center of their own posts.
Sweeney is more closely tied to the campaign than a typical celebrity spokesperson. Novig announced that she joined the company as a strategic partner and equity holder, while Sweeney said she had participated in the creative process from the beginning.
The four-time Olympic champion, who retired from competitive swimming in 2025, wrote on Instagram that she had believed this kind of marketing belonged in the past.
#four
15 hours ago
Costco has raised the price of its Kirkland Signature full-synthetic motor oil and begun limiting how much any one member can purchase, as a global lubricant shortage tied to the ongoing Middle East conflict pushes crude oil toward $100 a barrel.
That 10-quart case — two 5-quart bottles, enough for a typical V6 or V8 oil change — has jumped to $57.99, compared with the roughly $30 price members had grown accustomed to paying, according to The Drive. Stores are capping purchases at two units per customer per week. The retailer has also imposed a five-per-member limit on Mobil 1, with six quarts of that brand running $44.
The rationing reflects pressure from multiple directions. The connection to fuel prices runs through the refinery: base oil shares its crude-oil origins with gasoline and diesel, so when margins on finished fuel are strong, refiners have a financial reason to favor fuel production over lubricant stock, according to The Auto Wire. EIA data showed the gasoline crack spread sitting roughly a dollar per gallon higher than where it stood at the same point in 2025, a gap that has squeezed base oil availability and pushed its price upward.
Regulatory and licensing costs add a separate layer of expense. The Kirkland 5W-30 displays the dexos1 Gen 3 certification, GM's proprietary specification, and earning that mark is not free — manufacturers must put their formulation through GM's independent testing protocol and obtain a license from the automaker, paying separately for each product and each unit sold, according to The Auto Wire. Layered on top of that is an industry-wide burden: when the API SP category took effect around 2020, it introduced seven additional laboratory tests with no equivalent in the previous standard, among them a procedure targeting low-speed pre-ignition, the knock-like detonation problem **** ociated with modern turbocharged, direct-injection engines.
The supply squeeze is unfolding against a backdrop of a worsening global oil deficit. The International Energy Agency cut its 2026 global oil supply forecast to 102 million barrels per day in August, projecting a deficit of 1.8 million barrels per day in the third quarter — more than double its prior estimate. **** ulative global inventory draws since the start of the U.S.-Iran conflict have reached more than 500 million barrels, and Chevron CEO Mike Wirth said last week that the cushions that had softened earlier price increases have been exhausted. U.S. diesel prices crossed $6 per gallon for the first time, sitting at $6.06 as of Monday, an 8-cent increase from Sunday and 21 cents above week-earlier levels, according to AAA.
#barrels #wire
That 10-quart case — two 5-quart bottles, enough for a typical V6 or V8 oil change — has jumped to $57.99, compared with the roughly $30 price members had grown accustomed to paying, according to The Drive. Stores are capping purchases at two units per customer per week. The retailer has also imposed a five-per-member limit on Mobil 1, with six quarts of that brand running $44.
The rationing reflects pressure from multiple directions. The connection to fuel prices runs through the refinery: base oil shares its crude-oil origins with gasoline and diesel, so when margins on finished fuel are strong, refiners have a financial reason to favor fuel production over lubricant stock, according to The Auto Wire. EIA data showed the gasoline crack spread sitting roughly a dollar per gallon higher than where it stood at the same point in 2025, a gap that has squeezed base oil availability and pushed its price upward.
Regulatory and licensing costs add a separate layer of expense. The Kirkland 5W-30 displays the dexos1 Gen 3 certification, GM's proprietary specification, and earning that mark is not free — manufacturers must put their formulation through GM's independent testing protocol and obtain a license from the automaker, paying separately for each product and each unit sold, according to The Auto Wire. Layered on top of that is an industry-wide burden: when the API SP category took effect around 2020, it introduced seven additional laboratory tests with no equivalent in the previous standard, among them a procedure targeting low-speed pre-ignition, the knock-like detonation problem **** ociated with modern turbocharged, direct-injection engines.
The supply squeeze is unfolding against a backdrop of a worsening global oil deficit. The International Energy Agency cut its 2026 global oil supply forecast to 102 million barrels per day in August, projecting a deficit of 1.8 million barrels per day in the third quarter — more than double its prior estimate. **** ulative global inventory draws since the start of the U.S.-Iran conflict have reached more than 500 million barrels, and Chevron CEO Mike Wirth said last week that the cushions that had softened earlier price increases have been exhausted. U.S. diesel prices crossed $6 per gallon for the first time, sitting at $6.06 as of Monday, an 8-cent increase from Sunday and 21 cents above week-earlier levels, according to AAA.
#barrels #wire
15 hours ago
Jessica Alba and her daughter twinned for "day and night" looks during recent outings. The "Fantastic Four" star shared a collaborative Instagram post with her daughter featuring two photos of the duo. They appeared in matching ensembles in the women's final of the 2026 US Open on September 12.
At the women's final of the 2026 US Open, Jessica Alba and her daughter, Honor Warren. looked like twins in matching outfits. The 45-year-old wore an airy, off-white midi sundress with thin spaghetti straps. It had a fitted sweetheart bodice that transitioned into a pleated A-line skirt.
She knotted a slate-gray sweater around her waist, adding a casual, laid-back structure to the monochrome outfit. Rimless, tinted oval sunglasses, large hoop earrings, layered gold chain necklaces, a black shoulder bag, and pointed-toe white leather flats completed her look. She wore her hair down in loose waves.
Meanwhile, Warren wore a relaxed, blue-and-white micro-checkered gingham maxi dress featuring a smocked bust, a lace-up front detail, and a flowy tiered skirt. She layered a soft white sweater, casually draped and tied over her shoulders. She accessorised with narrow dark rectangular sunglasses, a pendant necklace, a black shoulder bag, and dark brown leather ballet flats.
For the evening look, Warren and Alba switched into lace-trimmed black dresses. The actress wore a sultry black satin slip dress trimmed with black lace along the diagonal neckline and sheer lace hem. She paired it with glossy black platform ankle-strap heels. Further, she carried a Fendi Multicolor Baguette, adding a pop of color to her look.
#warren #white #open
At the women's final of the 2026 US Open, Jessica Alba and her daughter, Honor Warren. looked like twins in matching outfits. The 45-year-old wore an airy, off-white midi sundress with thin spaghetti straps. It had a fitted sweetheart bodice that transitioned into a pleated A-line skirt.
She knotted a slate-gray sweater around her waist, adding a casual, laid-back structure to the monochrome outfit. Rimless, tinted oval sunglasses, large hoop earrings, layered gold chain necklaces, a black shoulder bag, and pointed-toe white leather flats completed her look. She wore her hair down in loose waves.
Meanwhile, Warren wore a relaxed, blue-and-white micro-checkered gingham maxi dress featuring a smocked bust, a lace-up front detail, and a flowy tiered skirt. She layered a soft white sweater, casually draped and tied over her shoulders. She accessorised with narrow dark rectangular sunglasses, a pendant necklace, a black shoulder bag, and dark brown leather ballet flats.
For the evening look, Warren and Alba switched into lace-trimmed black dresses. The actress wore a sultry black satin slip dress trimmed with black lace along the diagonal neckline and sheer lace hem. She paired it with glossy black platform ankle-strap heels. Further, she carried a Fendi Multicolor Baguette, adding a pop of color to her look.
#warren #white #open
2 days ago
PASADENA, Calif. - For three quarters and seven minutes, Bob Chesney's Rose Bowl debut was a dull affair, then just as quickly, the Bruins gave their faithful fans and historic stadium plenty to cheer about.
The SDSU Aztecs came to town looking to present a challenge and they certainly didn't make things easy on the Bruins, nor did the Bruins make things easy back. Both siders traded drives where they accomplished relatively nothing. So much nothing in fact the first play to go past the 50-yard line and into opposing territory didn't happen until Brian Rowe Jr. caught a pass with 11:47 left in the second quarter and both sides went into halftime tied 0-0.
Neither side particularly excelled with their passing, even if UCLA had the slight edge through the first half and finished with a much larger edge with 151 net passing yards to just 45 by SDSU and both sides were equally unsuccessful in their rushing attempts early on, but things started to change for UCLA in the second half.
"That is not the way we want to play football, obviously in the first half," Chesney said. "But at the same point in time, that's where we found ourselves. And I think every once in a while, it wasn't pretty, but it was gritty, and you need one of those."
UCLA struck first with a rushing touchdown courtesy of fifth-year running back Wayne Knight early in the third quarter, but UCLA could have scored far earlier than that if senior quarterback Nico Iamaleava made a different decision in a critical moment.
#first #things
The SDSU Aztecs came to town looking to present a challenge and they certainly didn't make things easy on the Bruins, nor did the Bruins make things easy back. Both siders traded drives where they accomplished relatively nothing. So much nothing in fact the first play to go past the 50-yard line and into opposing territory didn't happen until Brian Rowe Jr. caught a pass with 11:47 left in the second quarter and both sides went into halftime tied 0-0.
Neither side particularly excelled with their passing, even if UCLA had the slight edge through the first half and finished with a much larger edge with 151 net passing yards to just 45 by SDSU and both sides were equally unsuccessful in their rushing attempts early on, but things started to change for UCLA in the second half.
"That is not the way we want to play football, obviously in the first half," Chesney said. "But at the same point in time, that's where we found ourselves. And I think every once in a while, it wasn't pretty, but it was gritty, and you need one of those."
UCLA struck first with a rushing touchdown courtesy of fifth-year running back Wayne Knight early in the third quarter, but UCLA could have scored far earlier than that if senior quarterback Nico Iamaleava made a different decision in a critical moment.
#first #things
2 days ago
Cardiff Devils opened the 2026-27 season with a 3-1 victory over Guildford Flames in the Challenge Cup at Vindico Arena.
The Devils fell behind when Cole Sandford - who left Cardiff in the summer - returned to score inside three minutes against his former club.
Josh MacDonald tied the game with a deflected shot midway through the first period and the game remained 1-1 going into the third.
Joey Martin became only the fifth player in Elite League history to reach 700 points with an ****** ist on Kohen Olischefski's go-ahead goal, and defenceman Nick Welsh sealed the win with just under two and a half minutes to play.
Devils netminder Ben Bowns was man of the match, saving 45 of 46 shots.
#devils
The Devils fell behind when Cole Sandford - who left Cardiff in the summer - returned to score inside three minutes against his former club.
Josh MacDonald tied the game with a deflected shot midway through the first period and the game remained 1-1 going into the third.
Joey Martin became only the fifth player in Elite League history to reach 700 points with an ****** ist on Kohen Olischefski's go-ahead goal, and defenceman Nick Welsh sealed the win with just under two and a half minutes to play.
Devils netminder Ben Bowns was man of the match, saving 45 of 46 shots.
#devils
2 days ago
Clemson did not find many answers offensively Saturday night, but the Tigers found enough to escape Memorial Stadium with their first victory of the season.
Freshman quarterback Tait Reynolds was forced into action after Christopher Vizzina suffered a left arm injury, while kicker Nolan Hauser provided most of Clemson's scoring in a 22-7 victory over Georgia Southern.
Hauser tied his career high by connecting on five field goals, hitting from 20, 34, 38, 50 and 49 yards. He improved to 6-for-6 this season and matched the five field goals he made against Florida State in 2024.
Reynolds settled in after replacing Vizzina, completing 16 of 27 passes for 178 yards while adding 36 rushing yards. He was especially effective before halftime, going 12-for-17 for 160 yards.
One of his biggest plays came on third-and-20 late in the second quarter when he found Tyler Brown for 20 yards. Reynolds then scrambled 16 yards to help set up a Hauser field goal that sent Clemson into halftime leading 16-7.
#yards #hauser #five
Freshman quarterback Tait Reynolds was forced into action after Christopher Vizzina suffered a left arm injury, while kicker Nolan Hauser provided most of Clemson's scoring in a 22-7 victory over Georgia Southern.
Hauser tied his career high by connecting on five field goals, hitting from 20, 34, 38, 50 and 49 yards. He improved to 6-for-6 this season and matched the five field goals he made against Florida State in 2024.
Reynolds settled in after replacing Vizzina, completing 16 of 27 passes for 178 yards while adding 36 rushing yards. He was especially effective before halftime, going 12-for-17 for 160 yards.
One of his biggest plays came on third-and-20 late in the second quarter when he found Tyler Brown for 20 yards. Reynolds then scrambled 16 yards to help set up a Hauser field goal that sent Clemson into halftime leading 16-7.
#yards #hauser #five
2 days ago
Once again the Giants offense made things interesting against the San Diego Padres, and once again they came up short.
A late outburst of power from the unlikely sources of Drew Cavanaugh (his first career HR) and Drew Gilbert forced the Padres bullpen to rally their arms with Adrian Morejon and Mason Miller stopping the buck to serve the Giants their second loss in the series, and seventh of their last nine games against San Diego.
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The afternoon didn't start with the Giants playing catch-up. Two batters into the bottom half of the 1st, Rafael Devers put San Francisco up by two with his 37th home run of the season.
The 2-run jog earned Devers his 61st and 62nd runs batted-in at the intimidating cavern that was/is Pac Bell/SBC/AT&T/Oracle Park, the second highest RBI total after Barry Bonds' 71 in 2001. Devers' 19 home runs at Oracle are the most by a player not named Barry Bonds and is tied with the '02 Bonds model for fifth most HR in a season at 3rd and King. (Fun fact: Devers never hit more than 16 in a single season at Fenway.)
#devers #oracle
A late outburst of power from the unlikely sources of Drew Cavanaugh (his first career HR) and Drew Gilbert forced the Padres bullpen to rally their arms with Adrian Morejon and Mason Miller stopping the buck to serve the Giants their second loss in the series, and seventh of their last nine games against San Diego.
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The afternoon didn't start with the Giants playing catch-up. Two batters into the bottom half of the 1st, Rafael Devers put San Francisco up by two with his 37th home run of the season.
The 2-run jog earned Devers his 61st and 62nd runs batted-in at the intimidating cavern that was/is Pac Bell/SBC/AT&T/Oracle Park, the second highest RBI total after Barry Bonds' 71 in 2001. Devers' 19 home runs at Oracle are the most by a player not named Barry Bonds and is tied with the '02 Bonds model for fifth most HR in a season at 3rd and King. (Fun fact: Devers never hit more than 16 in a single season at Fenway.)
#devers #oracle