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The Latest Breaking News from North America

Ingredion Clocks 17% Top-Line Growth Amid Inflationary Pressures

Ingredion Inc (NYSE:INGR) reported first-quarter FY22 sales growth of 17% year-on-year to $1.89 billion, beating the consensus of $1.77 billion. Sales in North America increased 24% Y/Y to $1.2 billion, South America fell 8% to $252 million, Asia-Pacific grew 16% to $272 million, and EMEA climbed 20% to $194 million. The gross profit…

Benzinga

Why Ball Corp Shares Are Trading Lower Today

Ball Corporation (NYSE:BLL) reported first-quarter FY22 sales growth of 18.9% year-on-year to $3.72 billion, beating the consensus of $3.5 billion. Beverage packaging, North and Central America sales rose 24.2% Y/Y, Beverage packaging EMEA increased 18.3%, Beverage packaging South America gained 1.4%, and Aerospace segment sales rose 18.8%. Beverage can shipments rose 10% and…

Benzinga

Papa John's Q1 Earnings Exceed Expectations

Papa John's International Inc (NASDAQ:PZZA) reported first-quarter FY22 sales growth of 6% year-on-year to $542.69 million, beating the consensus of $540.39 million. Adjusted EPS of $0.95 topped the Street view of $0.94. Total comparable sales growth was 1.6% versus 25.4% the prior year. Comparable sales improved 1.9% in North America and 0.8% Internationally.…

Benzinga

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Why Kellogg Shares Are Trading Higher Today

Kellogg Company (NYSE:K) reported first-quarter FY22 sales growth of 2.4% year-on-year to $3.67 billion, beating the consensus of $3.59 billion. Adjusted EPS of $1.10 beat the analyst consensus of $0.93. Kellogg North America's sales decreased 1%, Europe climbed 2%, Latin America's sales gained 8%, Asia Pacific, Middle East, and Africa's sales jumped 12%.…

Benzinga

Sweden's Battery-Electric Volta Trucks To Enter US Market In 2023: What EV Investors Need To Know

The Swedish electric vehicle company Volta Trucks has announced plans to enter the North American market.

Benzinga

Gucci Jumps on the Crypto Bandwagon with US Project

Gucci's high-end handbags and other luxury products can now be bought using cryptocurrencies, including bitcoin, in some US stores, the Italian company said, as digital currencies move to broader acceptance. Starting later this month, customers can pay with crypto at some of Gucci's flagship stores, including Rodeo Drive in Los…

Asharq Al-Awsat

Gucci To Accept Bitcoin, Dogecoin, Shiba Inu In Several Stores

Luxury retail brand Gucci has reportedly embraced payments in the form of cryptocurrencies in some stores operated in North America.

Benzinga

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McLaren takes Miami in bid to become North America's team

The McLaren Formula One team has taken Miami by storm ahead of Sunday's inaugural grand prix

The Independent UK

Tupperware Shares Plunge On Q1 Miss, Underperformance Across All Segments

Tupperware Brands Corp (NYSE:TUP) reported a first-quarter FY22 sales decline of 16% year-on-year to $348.1 million, missing the consensus of $356.8 million. Net sales were down in all segments, with the decrease primarily driven by lower recruiting and overall sales force activity, due to the Russia/Ukraine conflict and lockdowns caused by the Omicron…

Benzinga

Exeter Airport launches North America flights in tourism 'boost'

Air Lingus and Emerald Airlines will fly passengers between the South West and the US and Canada via Dublin

Birmingham Post

Precolonial First Nations oyster fisheries sustained millennia of intense harvests, study shows

Researchers in Australia and North America say management of oyster reefs should incorporate Indigenous knowledge

The Guardian - AU

Sunflowers: Popular, Native and, for Some, Newly Meaningful

The annual sunflower (Helianthus annus) has a long history in North America, with evidence of its cultivation for food, ceremonial and medical use by Native Americans dating back to at least 1,000 B.C. Sunflower seeds are said to have been brought to Europe by Spanish explorers around the late 16th…

Asharq Al-Awsat

Stellantis' $2.8 billion investment secures future for Brampton, Windsor plants

The maker of Chrysler, Dodge, Jeep and Ram vehicles on Monday said it will invest $2.8 billion (3.6 billion Canadian dollars) into its Canadian operations for its electric transition, preserving the futures of both Windsor and Brampton assembly plants and creating its first battery lab in North America.

Tribune News Service

Teva Posts Mixed Q1 Earnings, Cuts FY22 Sales Guidance Citing Copaxone Competition, Yet Shares Rise

Teva Pharmaceutical Industries Ltd's (NYSE:TEVA) Q1 sales reached $3.66 billion, shrinking 8% Y/Y, missing the consensus of $3.75 billion. The decrease is mainly due to lower revenues from generic products in North America and Copaxone, partially offset by higher revenues from Anda and generic products in the Europe segment. The adjusted gross…

Benzinga

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InsideEVs

Stellantis Pledges $2.8B To Retool Ontario Plants For EVs, Hybrids

Stellantis also said its Automotive Research and Development Centre will add 650 highly skilled engineering jobs and become North America's first battery lab.

Benzinga

IPG Photonics Tops Q1 Aided By Robust Demand For EV Applications

IPG Photonics Corp (NASDAQ:IPGP) reported first-quarter FY22 revenue growth of 7% year-on-year to $369.98 million, beating the consensus of $334.79 million. Materials processing sales accounted for 92% of total revenue and increased 7% Y/Y with higher sales in welding, marking, 3D printing, and cleaning applications. Sales into Other applications increased 9% Y/Y, driven…

Benzinga

Lear Q1 Earnings Top Estimates; Cuts FY22 Outlook

Lear Corp (NYSE:LEA) reported a first-quarter FY22 sales decline of 3% year-on-year to $5.21 billion, beating the consensus of $5.04 billion. Global vehicle production decreased 4% Y/Y, with North America down 2%, Europe shedding 18%, and China climbing 8%. Net sales from North America rose 9.3% Y/Y, Europe and Africa fell 13.8%, Asia…

Chicago Tribune

Get ready for a total lunar eclipse, Chicago. Here's where you can view it

CHICAGO — The Chicago area and much of North America will experience a total lunar eclipse on May 15, according to the Adler Planetarium. Weather permitting, Chicagoans will be able to see the eclipse starting at 8:32 p.m.

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Tribune News Service

Rare fossil of ancient dog species discovered by paleontologists

SAN DIEGO -- Sometime around 14,000 years ago, the first humans crossed the Bering Strait to North America with canines, domesticated dogs they used for hunting, by their side.

Motor1

Stellantis Investing $2.8 Billion In Canadian Plants For EV Future

Some of the money will go towards creating Stellantis' first battery lab in North America.

Benzinga

Stellantis Ramps Up Canadian Operations To Support Electrification Plans

Stellantis NV (NYSE:STLA) plans to invest C$3.6 billion ($2.8 billion) in its Windsor and Brampton (Ontario) Assembly Plants and to expand its Automotive Research and Development Centre (ARDC). The move supports Stellantis' strategy to invest C$45 billion ($35 billion) through 2025 in electrification and software globally. The investment brings the company's total investment…

Benzinga

What's Going On With Pason Systems Shares Today

Pason Systems Inc. (TSX:PSI) (OTC:PSYTF) price target has been raised to C$23 from C$22 by RBC Capital analyst Keith Mackey while maintaining the Outperform rating on the shares. The analyst mentioned that Pason reported strong 1Q22 results, highlighting growth in revenue per industry day and EBITDA margins. Mackey stated that global drilling activity remains strong,…

Motor1

Land Rover Defender 30th Anniversary Edition Is A $76k Homage To 1993

Only 500 will be built for North America.

Benzinga

Ceragon's Q1 Top-Line Misses Street View; Margins Shrink On Semiconductor Crisis, Shipping Costs; Slashes FY22 Guidance

Ceragon Networks Ltd (NASDAQ:CRNT) reported first-quarter FY22 revenue growth of 2.9% year-on-year to $70.3 million, missing the consensus of $71.2 million. Ceragon saw strong bookings in North America, India, Europe, and LATAM, with a trailing 12 months book-to-bill above 1. In North America, Ceragon acquired five new G customers, including DISH Network Corp (NASDAQ:DISH) and private…

The Guardian - UK

Revival of LA Dodgers under Todd Boehly bodes well for Chelsea

The hedge fund billionaire helped rebuild the Dodgers in one of the most dramatic turnarounds in North American sports

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