-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师总结如下：DINO第一季度业绩表现卓越，调整后每股收益为0.69美元，远超市场预期的亏损0.27美元，超出预期0.74美元；调整后EBITDA从2.01亿美元增长至4.26亿美元，增幅超过一倍。炼油业务引领复苏，实现营业收入5.14亿美元，而上年同期亏损3000万美元。尽管各区域业绩有所分化，西部地区利润率增至每桶14.61美元，而中部地区利润率则压缩至每桶3.58美元。我们认为，强劲的业绩反映了炼油基本面的改善以及可再生能源监管方面的利好。可再生能源业务扭亏为盈，实现营业收入1.82亿美元，受益于销量增长、利润率提高以及上年同期4900万美元的生产者税收抵免。运营现金流保持强劲，达4.57亿美元，足以覆盖1.67亿美元的股东回报，同时资产负债表也得到改善，现金增至11.5亿美元。我们预计，可再生柴油需求的良好增长势头以及小型炼油厂可再生燃料识别码（RINs）豁免政策将继续带来利好。
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Apple's iPhone Supercycle, Strong Outlook Drive Momentum, Wedbush Says
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Stifel Canada Reviews Gildan Activewear's Q1 Results
Gildan Activewear (GIL.TO, GIL) reported a first-quarter earnings beat, notes Stifel Canada.Analyst Martin Landry, who is maintaining an US$80.00 price target and buy rating on the shares, notes management was confident during the earnings call, despite rising commodity costs, as a significant portion of the company's cotton and energy requirements has been hedged. In 2027, Gildan expects to be able to offset inflationary pressures with price increases given its leadership position in the wholesale channel and its lower cost structure than competitors, he adds.Point-of-sale data indicate that Gildan is continuing to gain market share, with growth rates outpacing the broader market in both retail and wholesale channels. The integration of Hanes' textile facilities also appears to be progressing well, as most of Hanes' volumes have already been transferred to Gildan's facilities."We make no changes to our forecasts, but our visibility has increased for 2026. We keep our target price at US$80, which represent an appealing 12-months upside of 29%." Gildan is also on Stifel's Select List.Price: $84.77, Change: $+0.47, Percent Change: +0.56%
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US Sanctions Iran's Shadow Banking Network for Aiding Oil Trade
The US rolled out sanctions on three Iranian currency exchange houses and a network of associated front companies, accusing them of moving billions of dollars in foreign exchange to support Tehran's oil industry, the Department of the Treasury said on Friday.The Treasury Department's Office of Foreign Assets Control said the sanctions form part of "Economic Fury," a broader campaign aimed at dismantling Iran's shadow banking system.The sanctioned firms, Pedram Pirouzan and Associates Partnership, also known as Opal Exchange; Nasser Ghasemi Rad and Associates Partnership, or Radin Exchange and Tahayyori and Associates Partnership, also known as Arz Iran Exchange, are accused of facilitating billions of dollars in transactions per year.The Treasury said the entities help convert oil revenues, often received in Chinese yuan, into currencies usable by Iran's military and affiliated groups.The exchange houses operate alongside so-called "rahbar" networks tied to sanctioned Iranian banks, and work with multiple oil exporters and financial intermediaries, the Treasury said.The firms allegedly rely on foreign-based front companies and commercial bank accounts to process transactions across jurisdictions, masking links to sanctioned entities, including the Central Bank of Iran and the National Iranian Oil Company.The individuals linked to the exchanges, including Pedram Pirouzan, Hossein Mohammad Rezaei, Masoud Mohammad Rezaei, Nasser Ghasemi Rad and Ehsan Tahayyori, were also hit with sanctions.OFAC also sanctioned over a dozen companies, it said, that provided material support to Opal Exchange, including trading firms incorporated in multiple jurisdictions and entities in the UAE.The Treasury said Iran's shadow banking system handles tens of billions of dollars in trade each year, largely tied to oil and petrochemical exports.Since February 2025, OFAC has sanctioned over 1,000 Iran-linked individuals, vessels and aircraft as part of that effort.