Packaging Corporation of America Reports Third Quarter 2026 Results
Businesswire· 2026-10-22 05:28
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today reported third quarter 2026 net income of $262 million, or $2.93 per share, and net income of $272 million, or $3.04 per share, excluding special items. Third quarter net sales were $2.6 billion in 2026 and $2.3 billion in 2025. Diluted earnings per share attributable to Packaging Corporation of America shareholders   Three Months Ended September 30, 2026 2025 Change Repo. ...
Walmart rolls out AI agent shopping features while Amazon tries to curb the tech
Business Insider· 2026-10-22 05:26
Walmart wants your bot to shop. The retail giant said Wednesday that it has two new tools to help third-party AI agents shop on customers' behalf: agent profiles and an agent gateway. Reuter Every time Dominick publishes a story, you'll get an alert straight to your inbox! Walmart's move contrasts with Amazon's approach, which recently blocked Meta's agent Muse from its site, saying agents violate Amazon's conditions of use. Amazon has also pushed back on other third-party agents, including a lawsuit agains ...
Meta creates a new stock class to keep Zuckerberg in control
Business Insider· 2026-10-22 05:24
Meta's board wants Mark Zuckerberg to stick around. The company announced a new category of non-voting Class C stock in its third-quarter earnings report. It listed several reasons for creating the new class — one of which is to keep the CEO in control. A Special Committee established by Meta's board determined that Zuckerberg was the best fit to lead the company into its future, and highlighted the CEO's creative vision and management abilities. "The creation of the Class C common stock will continue the f ...
Western Digital stock is stuck in a bear market: will it rebound after earnings?
Invezz· 2026-10-22 05:24
Western Digital stock is stuck in a bear market: will it rebound after earnings? Author Western Digital stock is stuck in a bear market: will it rebound after earnings? Western Digital's implied volatility has jumped WDC stock has dropped sharply in the past few months because of the ongoing weakness among companies in the memory industry. A look at all companies in the Roundhill Memory ETF (DRAM) shows that all of them have retreated by double digits from their highest levels this year. Western Digital sto ...
Moody's: Even Its Exceptional Quality Doesn't Justify 30× P/E
Seeking Alpha· 2026-10-22 05:23
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or ...
United Airlines CEO Scott Kirby doubles down on wealth tax support as a 'matter of fairness'
Fox Business· 2026-10-22 05:23
United Airlines CEO Scott Kirby on Wednesday reiterated his support for a wealth tax as a matter of fairness amid criticism over his comments given his compensation. Kirby said in an interview with CNBC's "Squawk Box" that his prior comments in favor of a wealth tax were in response to a New York Times question about a non-consensus view that he holds, adding that "I'm not a politician, I'm not ever going to be in politics, nor am I a policy advocate for this or other programs." "I think a wealth tax in par ...
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Seeking Alpha· 2026-10-22 05:20
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Xtract One Announces Fiscal 2026 Fourth Quarter and Full Year Results
Globenewswire· 2026-10-22 05:20
TORONTO, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Xtract One Technologies Inc. (TSX: XTRA) (OTCQX: XTRAF) (FRA: 0PL) ("Xtract One" or the "Company") a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging AI, today announced its fiscal fourth quarter and annual results for the three months and year ended July 31, 2026. All information is in Canadian dollars unless otherwise indicated. "Fiscal 2026 was the year Xtract One proved it could scale," ...
1970s Mortgage Rates Were Much Higher Than Today's 7.4%, And The Housing Market Still Boomed. So Why Is It Frozen Now?
247Wallst· 2026-10-22 05:17
1970s Mortgage Rates Were Much Higher Than Today's 7.4%, And The Housing Market Still Boomed. So Why Is It Frozen Now? - 24/7 Wall St. On Tuesday's Marketplace Morning Report, host Kimberly Adams raised a puzzle. The average 30-year fixed mortgage stands "just shy of 7.5%â€, which is actually below the roughly 7.5% average since 1971. Economist Craig Richardson bought his first home in the early 1990s at 7%, and it felt cheap because his parents had paid 15%. Today a similar rate has stalled the market. Hou ...
Crypto Market Today, Oct. 21: Bitcoin Rebounds on Tech Rally
The Motley Fool· 2026-10-22 05:16
Bitcoin (BTC +2.14%) rose 2.4% to $84,489.25, Ethereum (ETH +1.51%) rose 2.3% to $2,491.77, and Solana (SOL +1.22%) rose 1.9% to $$108.05. As of early evening on Oct. 21, the three tokens were trading higher as investors returned to riskier assets. Volume32B What's driving crypto markets Bitcoin's gains reflect a rebound in tech stocks and increased risk appetite today. More broadly, blockchain assets got a structural boost from the Office of the Comptroller of the Currency (OCC) today as it finalized stabl ...