Latest news with #Greenbrier
Newsweek
a day ago
- Sport
- Newsweek
Did Jon Rahm Cross Line With Outburst At LIV Golf UK Event?
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The dust had barely settled at the JCB Golf & Country Club when a new controversy stole the spotlight from Joaquin Niemann's fifth LIV Golf win of the season. Niemann clinched the 2025 LIV Golf UK title on Sunday, finishing at 17-under-par, three shots ahead of Bubba Watson. Niemann has been the most consistent winner of LIV Golf, but according to Rahm, he is underrated. "Nowadays in golf, due to various circumstances, I think Joaquin is severely underrated," Rahm told reporters after the 26-year-old pro's win on Sunday. But that was not the only debate through which Rahm raised discussions in the golf world again. WHITE SULPHUR SPRINGS, WEST VIRGINIA - AUGUST 18: Jon Rahm of Spain looks on at the 11th hole during day three of LIV Golf: Greenbrier at The Old White Course on August 18, 2024 in... WHITE SULPHUR SPRINGS, WEST VIRGINIA - AUGUST 18: Jon Rahm of Spain looks on at the 11th hole during day three of LIV Golf: Greenbrier at The Old White Course on August 18, 2024 in White Sulphur Springs, West Virginia. (Photo by) More Getty Images A video surfaced shortly after the final round showing Rahm lashing out on the seventh tee at the JCB Golf & Country Club. After hitting a loose drive, the former Masters champion was visibly irritated. As he tried to regroup, a voice from the gallery called out, "Chin up, Jon, son!" And it boiled the blood inside Rahm. He turned and kicked a microphone placed on the tee box with his right boot. The moment, captured by @aidenward1998 and reposted by Nuclr Golf on X, quickly went viral and sparked a wave of backlash on social media. 🚨🥾🎙️ #WATCH — Jon Rahm was LIVID after his tee shot on the 7th hole found the rough at LIV Golf UK 😲 🗣️ 'Chin up Jon son!' (Via: aidenward1998/TT) — NUCLR GOLF (@NUCLRGOLF) July 28, 2025 This wasn't an isolated incident. Just two weeks earlier, during the Open Championship at Royal Portrush, Rahm snapped at a fan who whistled during his backswing on the par-4 11th hole. "Really? Whistling? Great timing. Right in my backswing. Very smart, whoever it was," Rahm said at the time. He later admitted the distraction wasn't as serious as he made it seem. "These things happen," he told reporters during his post-round conference at The Open. "It probably didn't affect me as much as I made it sound like." But fans aren't convinced. Rahm's latest outburst drew sharp criticism on X. Some fans even branded the LIV pro as "Childish." As per his performance in the latest LIV Golf event, Rahm finished T5 at 10-under-par. This helped his team, Legion XIII, secure the team title with a final score of 35-under, eight shots clear of Torque GC. But his individual performance was once again overshadowed by his temper. What do you think about the incident? Let us know in the comment section below! More Golf: Brotherly Bond Boosts Kitayama to 3M Open Win as LIV Star Calls In Caddie
Yahoo
7 days ago
- Business
- Yahoo
What To Expect From Wabash's (WNC) Q2 Earnings
Semi trailers and liquid transportation container manufacturer Wabash (NYSE:WNC) will be reporting results this Friday before market open. Here's what investors should know. Wabash missed analysts' revenue expectations by 7.1% last quarter, reporting revenues of $380.9 million, down 26.1% year on year. It was a disappointing quarter for the company, with full-year revenue guidance missing analysts' expectations. Is Wabash a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Wabash's revenue to decline 21.2% year on year to $433.8 million, a further deceleration from the 19.8% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.34 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Looking at Wabash's peers in the heavy machinery segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Greenbrier delivered year-on-year revenue growth of 2.7%, beating analysts' expectations by 7.3%, and PACCAR reported a revenue decline of 15.7%, topping estimates by 2.6%. Greenbrier traded up 21.1% following the results while PACCAR was also up 8.9%. Read our full analysis of Greenbrier's results here and PACCAR's results here. There has been positive sentiment among investors in the heavy machinery segment, with share prices up 7.7% on average over the last month. Wabash is up 2.5% during the same time and is heading into earnings with an average analyst price target of $12.75 (compared to the current share price of $10.86). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-07-2025
- Business
- Yahoo
Earnings To Watch: PACCAR (PCAR) Reports Q2 Results Tomorrow
Trucking company PACCAR (NASDAQ:PCAR) will be announcing earnings results this Tuesday morning. Here's what to look for. PACCAR missed analysts' revenue expectations by 0.8% last quarter, reporting revenues of $6.91 billion, down 16% year on year. It was a disappointing quarter for the company, with a significant miss of analysts' adjusted operating income estimates. Is PACCAR a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting PACCAR's revenue to decline 17.7% year on year to $6.8 billion, a further deceleration from the 2.1% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.28 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. PACCAR has missed Wall Street's revenue estimates twice over the last two years. Looking at PACCAR's peers in the heavy machinery segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Greenbrier delivered year-on-year revenue growth of 2.7%, beating analysts' expectations by 7.3%, and Lindsay reported revenues up 21.7%, topping estimates by 4.6%. Greenbrier traded up 21.1% following the results while Lindsay was also up 3.9%. Read our full analysis of Greenbrier's results here and Lindsay's results here. There has been positive sentiment among investors in the heavy machinery segment, with share prices up 6.5% on average over the last month. PACCAR is up 2.1% during the same time and is heading into earnings with an average analyst price target of $102.45 (compared to the current share price of $93.72). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New York Times
09-07-2025
- Politics
- New York Times
Paul Bugas, Director of a Secret Doomsday Bunker, Is Dead at 96
Paul Bugas, who directed operations at a secret doomsday bunker, hidden beneath an opulent resort in West Virginia and intended to shelter members of Congress in the event of a Cold War-era nuclear attack, died on July 1 in Richmond, Va. He was 96. His death, at an assisted living facility, was confirmed by his daughter Nancy Del Presto. In 1971, after serving in the military for 20 years, Mr. Bugas (pronounced BYOO-gus), known as Fritz, arrived at the Greenbrier Resort, nestled in the Allegheny Mountains in White Sulphur Springs, under the guise of being the regional manager of a company with the anodyne name Forsythe Associates. He did, in fact, work part time as a technician for the shell company, providing cables, television sets and other electronics to the sprawling resort, where presidents, members of Congress and foreign dignitaries were regularly among the well-heeled guests. But Mr. Bugas's primary (if furtive) role was as the superintendent of an enormous bunker with the code name Project Greek Island, built to keep Congress functioning in the aftermath of nuclear war. The shelter, roughly the size of an average Walmart store, was constructed between the late 1950s and 1962, the year of the Cuban missile crisis, the 13-day standoff between the United States and the Soviet Union over the presence of nuclear-armed Soviet missiles 90 miles off the coast of Florida. The bunker, set more than 700 feet into a hillside beneath the Greenbrier, was secured by blast doors, the largest of which weighed 28 tons; its reinforced concrete walls were two to three feet thick. It contained 1,100 beds stacked in rows of bunks; separate meeting halls for all 435 members of the House and 100 members of the Senate; a room that could serve as a joint chamber; and a cafeteria that could feed 400 at a time. There was also a radio, television and communications center, along with a medical center that included a dental office and an operating room. One storage room held riot-control weapons. There was an incinerator that could serve as a crematory. There were also diesel and steam-powered generators, as well as water, air-conditioning and filtration systems, all designed to sustain the operation for 40 to 45 days. Want all of The Times? Subscribe.
Yahoo
03-07-2025
- Business
- Yahoo
GBX Q2 Deep Dive: Cost Control, Fleet Management, and Guidance Beat Drive Strong Quarter
Rail transportation company Greenbrier (NYSE:GBX) announced better-than-expected revenue in Q2 CY2025, with sales up 2.7% year on year to $842.7 million. The company's full-year revenue guidance of $3.25 billion at the midpoint came in 1.1% above analysts' estimates. Its non-GAAP profit of $1.86 per share was 88.8% above analysts' consensus estimates. Is now the time to buy GBX? Find out in our full research report (it's free). Revenue: $842.7 million vs analyst estimates of $785.7 million (2.7% year-on-year growth, 7.3% beat) Adjusted EPS: $1.86 vs analyst estimates of $0.99 (88.8% beat) Adjusted EBITDA: $122.3 million vs analyst estimates of $98.34 million (14.5% margin, 24.4% beat) The company reconfirmed its revenue guidance for the full year of $3.25 billion at the midpoint Operating Margin: 11%, up from 8.8% in the same quarter last year Sales Volumes fell 38.1% year on year (37% in the same quarter last year) Market Capitalization: $1.48 billion Greenbrier's second quarter performance was well received by the market, as the company surpassed Wall Street's revenue and profit expectations. Management credited effective operational execution and ongoing efficiency initiatives for the improved results. CEO Lorie Tekorius emphasized that 'aggregate gross margin stands at an impressive 18%,' reflecting both cost reduction efforts and favorable production mix. The company also benefited from its European footprint rationalization and North American insourcing project, which are expected to provide ongoing annual savings. Additionally, recurring revenue from leasing and fleet management operations grew significantly, with fleet utilization remaining high. Management highlighted that 'flexibility and responsiveness to uneven market conditions are a competitive advantage for Greenbrier.' Looking ahead, Greenbrier's reaffirmed full-year guidance reflects optimism about continued operational discipline and margin improvement. Management expects tailwinds from U.S. tax and trade policy clarity, with Tekorius noting the Senate's passage of a budget bill could 'energize the markets for capital goods like railcars.' The company is focused on scaling its North American insourcing initiative and maintaining strong liquidity to support strategic investments. CFO Michael Donfris pointed to updated guidance for higher gross and operating margins, anticipating a solid finish to the year. Management also sees opportunities from railcar fleet aging and infrastructure-driven demand, while ongoing efficiency projects are expected to bolster profitability. Management attributed the quarter's results to execution on cost reduction, improved production efficiency, and disciplined fleet management, while strategic capital allocation supported both business growth and shareholder returns. Efficiency initiatives drive savings: The company completed its European footprint rationalization ahead of schedule, projecting at least $10 million in annual savings, and is nearing completion of its North American insourcing project in Mexico. Recurring revenue growth: Leasing and fleet management recurring revenue rose nearly 50% over two years, with high fleet utilization at 98%. Management highlighted progress toward doubling recurring revenue by 2028. Balanced fleet strategy: Greenbrier maintained a disciplined approach to growing its lease fleet, investing opportunistically and emphasizing high renewal trends. The company expects railcar availability in North America to remain tight due to supply constraints and increased scrappage. Healthy backlog and syndication: The global new railcar backlog stands at nearly 19,000 units, supporting production visibility. Syndication of 1,700 units in the quarter provided strong liquidity and margins. Capital allocation and liquidity: The company renewed major credit facilities, resulting in its highest liquidity since 2023. Greenbrier continued returning capital to shareholders through dividends and share repurchases, with $22 million in buybacks this quarter. Greenbrier's outlook is anchored by efficiency gains, stable manufacturing margins, and anticipated demand recovery as trade and tax policy uncertainties resolve. Manufacturing cost discipline: Management expects gross margins to remain within their mid-teens target due to continued operating efficiencies and manufacturing cost control, particularly as the North American insourcing initiative scales. Demand tailwinds and fleet aging: The aging North American railcar fleet and anticipated clarity on U.S. trade policy are expected to drive new order activity. Programmatic railcar restoration remains a high-margin business, supplementing new railcar production. Liquidity and balanced capital deployment: Strong liquidity and renewed credit facilities position Greenbrier to invest in growth areas, while a disciplined approach to fleet growth and share repurchases supports shareholder value. Management highlighted ongoing monitoring of production rates amid order fluctuations. In upcoming quarters, the StockStory team will be monitoring (1) the pace and impact of cost efficiency initiatives, especially as North American insourcing ramps up; (2) trends in new orders and backlog growth as trade and tax policies evolve; and (3) sustainability of high fleet utilization and renewal rates. Execution on capital deployment and the evolving demand for railcar restoration will also be key indicators. Greenbrier currently trades at $54.12, up from $47.04 just before the earnings. In the wake of this quarter, is it a buy or sell? Find out in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. Sign in to access your portfolio
