Earnings call transcript: Automotive Axles posts record Q2 2027 revenue, shares jump

The US dollar has moved higher as Fed chair Warsh is more hawkish in his remarks. He remains reluctant to give forward guidance, but the market is pricing and around a 50% chance of a September hike which is up from the low 30s, but not near higher levels near 60 a month or so…

“Competing is everything, and knowing that we couldn’t compete at the highest level is what made me start to have these conversations with Mike and the team,” he said. “With their scale, we can compete at every level. We can pay our LOAs the most aggressive comp splits, and we can get the best pricing….

Wells Fargo has expanded its agreement with Intercontinental Exchange and will bring its full home loan servicing portfolio onto MSP, the technology platform acquired from Black Knight. Processing Content The bank said it did not have anything to add beyond what was in the press release from ICE. But the agreement expands upon a relationship…

Burger King is resurgent, and McDonald’s (MCD -4.80%)is feeling the heat. With shares of the Golden Arches near a four-year low, the fast-food giant introduced a bold new turnaround plan that management hopes will accelerate same-store sales growth and reestablish the company as the clear #1 in its industry. However, at first glance, investors didn’t…