-- 纽威品牌（Newell Brands，股票代码：NWL）第一季度核心销售额超出预期，这增强了管理层对第二季度恢复增长的信心。加拿大皇家银行资本市场（RBC Capital Markets）周一发布的报告指出。 报告称，强于预期的品类需求表明，公司修订后的商业战略正在取得成效，包括学习与发展部门核心销售额恢复正增长，以及婴幼儿产品线取得稳健增长。RBC还表示，家居及商业部门和户外休闲部门的业绩也超过了内部目标。 报告指出，尽管面临关税和通胀的不利因素，但得益于定价和生产效率的提升，利润率有所提高。排名前十的品牌中有六个实现了销售点增长和市场份额提升。 报告还指出，与中东冲突相关的投入成本上升，包括树脂和柴油价格上涨，可能会对利润率造成压力，尤其是在第二季度。 RBC维持对纽威品牌股票的“与行业持平”评级，目标价为4美元。
Price: $4.63, Change: $+0.08, Percent Change: +1.65%
Tech stocks were mixed late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) increasing 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) decreasing 0.4%.The Philadelphia Semiconductor index decreased 0.5%.In corporate news, Apple (AAPL) is planning to introduce a new feature for its next iPhone software update that will allow users to develop and personalize their own digital tickets and gift cards in the Wallet app, Bloomberg reported. The pass-building feature for iOS 27 Wallet is expected to address the issue of many services still not offering passes compatible with the Wallet platform, the report said. Apple shares were down 1.1%.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target price by $5 to $22, applying an EV/revenue multiple of 2.0x to our 2026 estimate, a discount to its three-year historical average multiple of 2.5x. We trim our 2026 EPS estimate by $0.01 to $3.09 and raise 2027's by $0.14 to $3.45. There was mention of a softer auto sales environment, which created headwinds for trial starts and impacted subscriber acquisition, particularly following last year's tariff-driven pull forward in vehicle sales. Conversion rates for self-pay subscribers saw slight declines, especially as younger car purchasers entered the trial funnel, and used car conversion rates remained lower than new car rates. Subscriber trends are expected to be modestly lower Y/Y, with management cautioning about ongoing pressures and declining to change subscriber guidance for the year due to uncertainties in auto sales and companion subscription take rates.
The US Treasury said Monday that it expects to borrow $189 billion in Q2, a larger borrowing estimate than the $109 billion it announced in its previous statement.The reason for the increase in the borrowing estimate was lower projected net cash flows that were partially offset by a higher-than-expected cash balance at the start of the quarter. The Treasury still assumes a $900 billion end-of-quarter balance.Borrowing is seen at $671 billion in Q3, with an estimated cash balance of $950 billion at the end of September.The Treasury borrowed $577 billion in Q1, ending March with an $893 billion cash balance at the end of the quarter. The Treasury had previously expected to borrow $574 billion with an end-of-March cash balance of $850 billion.The slightly higher amount of Q1 borrowing was due to a higher-than-assumed end-of-quarter cash balance that were partially offset by higher net cash flows, the Treasury said.