EV

Rio Tinto Group (NYSE:RIO) shares are trading lower today after the company disclosed second-quarter production results. The company reported production of 79.5 million tonnes (67.5 million tonnes for Rio Tinto), a decrease of 2% Y/Y, attributed to a mid-May train collision that disrupted rail capacity for about six days and led to full stockpiles at some mines. Bauxite production increased to 14.7 million tonnes, up 9% from last year, driven by improved utilization and feed rates at Weipa, aligning with the company’s full-year guidance to the upper end of 53 to 56 million tonnes. Outlook: Rio Tinto reiterated outlook for production at Pilbara Iron ore of 323 to 338 million tonnes.

Rio Tinto Group (NYSE:RIO) and Ngarluma Aboriginal Corporation (NAC) have agreed to jointly develop an 80MW solar farm on Ngarluma Country near Karratha. The solar farm is the first project the Ngarluma people and Rio Tinto will pursue following a memorandum of understanding to explore renewable energy opportunities on Ngarluma Country. The project, adjacent to Rio Tinto’s Yurralyi Maya Power Station near Karratha, could displace up to 11% of natural gas used for generation, reducing Rio Tinto’s emissions by up to 120kT CO2e annually. This project aims to supply renewable energy to Rio Tinto’s iron ore operations in the Pilbara region of Western Australia. The company expects the

Rio Tinto Group (NYSE:RIO) is reportedly in negotiations with workers at its Oyu Tolgoi copper operations in Mongolia to prevent further industrial action. The move follows a previous strike in May, prompted by a significant wage reduction, reported Reuters. Notably, changes to Mongolia’s Labor Law, effective from the beginning of 2022, led Rio Tinto to recalculate employee allowances. According to the non-governmental organization OT Watch, which is in contact with the mine workers, wages have decreased by up to 80%. OT Watch Director Sukhgerel Dugersuren told Reuters, “A request to start negotiations was sent and OT is to reply by July 5, 2024. Another strike is possible if 70%

Advance Auto Parts, Inc. AAP is slated to announce second-quarter 2022 results on Aug 23, after the closing bell. The Zacks Consensus Estimate for the quarter's earnings and revenues is pegged at $3.75 per share and $2.75 billion, respectively. The Zacks Consensus Estimate for Advance Auto Parts' second-quarter earnings per share has been revised downward by 2 cents in the past 30 days. The bottom-line projection, however, implies year-over-year growth of 10.3%. The Zacks Consensus Estimate for quarterly revenues suggests an increase of 3.7% on a year-over-year basis.   This aftermarket auto parts distributor delivered better-than-anticipated earnings in the last reported quarter on higher

Investors are always looking for stocks that are poised to beat at earnings season and Coinbase Global, Inc. (NASDAQ:COIN) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Coinbase is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for COIN in this report. In fact, the Most Accurate Estimate for the current quarter is currently at a loss of $1.44 p

Tyson Foods (NYSE:TSN) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.91 per share. This compares to earnings of $2.70 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.57%. A quarter ago, it was expected that this meat producer would post earnings of $1.83 per share when it actually produced earnings of $2.29, delivering a surprise of 25.14%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Tyson, which belongs to the Zacks Food - Meat Products industry, posted revenues of $13.5 billion for the quarter ended June 202

Viatris (NASDAQ:VTRS) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8.64%. A quarter ago, it was expected that this generic drugmaker would post earnings of $0.81 per share when it actually produced earnings of $0.93, delivering a surprise of 14.81%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Viatris, which belongs to the Zacks Medical Services industry, posted revenues of $4.12 billion for the quarter ended June 2

EnPro Industries (NYSE:NPO) came out with quarterly earnings of $2.32 per share, beating the Zacks Consensus Estimate of $1.81 per share. This compares to earnings of $1.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 28.18%. A quarter ago, it was expected that this industrial products maker would post earnings of $1.60 per share when it actually produced earnings of $1.83, delivering a surprise of 14.38%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. EnPro, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $333.3 milli

Sage Therapeutics, Inc. (NASDAQ:SAGE) came out with a quarterly loss of $2.13 per share versus the Zacks Consensus Estimate of a loss of $2.16. This compares to loss of $1.83 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.39%. A quarter ago, it was expected that this company would post a loss of $2.09 per share when it actually produced a loss of $2.07, delivering a surprise of 0.96%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Sage Therapeutics, Inc., which belongs to the Zacks Medical - Drugs industry, posted revenues of $1.5 million for the quarter ended

Realty Income Corp.'s (NYSE:O) second-quarter 2022 results are slated for an Aug 3 release after the bell. The company's quarterly results are likely to display increases in revenues and funds from operations (FFO) per share. In the last reported quarter, this monthly dividend-paying real estate investment trust ("REIT") delivered a surprise of 1.03% in terms of adjusted FFO per share. Results reflected a better-than-expected improvement in revenues. The company benefited from expansionary effects. Over the trailing four quarters, the company surpassed estimates on two occasions, met on one and missed the same on the other, the average surprise being 0.26%. This is depicted in the graph be

The Clorox Company CLX is likely to register top-line growth when it reports fourth-quarter fiscal 2022 earnings on Aug 3. The Zacks Consensus Estimate for quarterly revenues is pegged at $1,856 million, suggesting a rise of around 3% from the prior-year quarter's reported figure. The Zacks Consensus Estimate for quarterly earnings has dropped by a couple of cents in the past seven days to 95 cents per share, in line with the figure reported in the prior-year quarter. This consumer and professional products company has a trailing four-quarter earnings surprise of 3.3%, on average. CLX delivered an earnings surprise of 35.1% in the last reported quarter. The Clorox Company Price, Consensus

TechnipFMC plc FTI reported second-quarter 2022 adjusted earnings of 2 cents per share, lagging the Zacks Consensus Estimate of 4 cents per share. This underperformance was due to higher product costs and lease expenses, which pushed up the company's total expenses. Adjusted EBITDA from the Subsea unit for the reported quarter totaled $176 million, beating the Zacks Consensus Estimate of $163 million, while the Surface Technologies unit's profit came in at $32.4 million, outperforming the Zacks Consensus Estimate of $28.85 million. For the quarter ended Jun 30, this seabed-to-surface oilfield equipment and services provider's revenues of $1.72 billion outperformed the Zacks Consensus Estim

Townsquare Media (NYSE:TSQ) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 12.70%. A quarter ago, it was expected that this operator of radio stations in small and mid-sized markets would post earnings of $0.23 per share when it actually produced earnings of $0.19, delivering a surprise of -17.39%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Townsquare, which belongs to the Zacks Broadcast Radio and Television industry

BOSTON, Feb. 28, 2022 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their February distributions (each a "Fund").  This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission.  The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amount per common share. This information is sent to you for informational purposes only and is an estimate of the sources of the February distribution.  It is not determinative of the tax

BOSTON, July 14, 2021 /PRNewswire/ -- Eaton Vance New York Municipal Income Trust (NYSE:EVY) (the "Fund") held a special meeting of shareholders earlier today (the "Special Meeting").  At the Special Meeting, Fund shareholders were asked to approve the liquidation and termination of the Fund pursuant to the plan of liquidation and termination approved by the Fund's Board of Trustees.  The Special Meeting was adjourned to July 27, 2021 at 2:00 p.m. Eastern Time to allow more time for shareholders to vote.  The April 23, 2021 record date for shareholders entitled to vote at the adjourned Special Meeting remains unchanged.  Information about the adjourned Special Meeting appears below. If, as o

BOSTON, June 30, 2021 /PRNewswire/ -- The following notice relates to the combined Annual Meeting of Shareholders of Eaton Vance California Municipal Bond Fund (NYSE:EVM), Eaton Vance Municipal Bond Fund (NYSE:EIM), Eaton Vance New York Municipal Bond Fund (NYSE:ENX) and Eaton Vance Enhanced Equity Income Fund (NYSE:EOI): Notice That Annual Meeting Of Shareholders Will Be A Telephonic Meeting Due to the public health impact of the coronavirus pandemic (COVID-19) and to support the health and well-being of our shareholders, NOTICE IS HEREBY GIVEN that the combined Annual Meeting of Shareholders of Eaton Vance California Municipal Bond Fund, Eaton Vance Municipal Bond Fund, Eaton Vance New Yor

BOSTON, June 30, 2021 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their June distributions (each a "Fund").  This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission.  The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amount per common share. This information is sent to you for informational purposes only and is an estimate of the sources of the June distribution.  It is not determinative of the tax ch

BOSTON, June 29, 2021 /PRNewswire/ -- Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG), Eaton Vance Floating-Rate Income Trust (NYSE:EFT), Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) and Eaton Vance Senior Income Trust (NYSE:EVF) (each, a "Fund" and collectively, the "Funds") each announced today the commencement of a cash tender offer for outstanding common shares (each, a "Tender Offer" and collectively, the "Tender Offers") in the following amounts and as further described below. Fund Tender Offer Amount EVG Up to 25% or 4,470,149 of its outstanding common shares EFT Up to 50% or 19,931,845 of its outstanding common shares EFR Up to 50% or 18,424,157 of its outstanding

BOSTON, Feb. 17, 2021 /PRNewswire/ -- Eaton Vance Corp. (NYSE: EV) will release first quarter earnings for the fiscal quarter ended January 31, 2021 at approximately 9:00 AM ET on Wednesday, February 24, 2021. The full earnings release and accompanying details illustrating key performance measures will be available on Eaton Vance's website, eatonvance.com, under "investor relations." Eaton Vance Corp. provides advanced investment strategies and wealth management solutions to forward-thinking investors around the world. Through principal investment affiliates Eaton Vance Management, Parametric, Atlanta Capital, Calvert and Hexavest, the Company offers a diversity of investment approaches, enc

BOSTON, Feb. 17, 2021 /PRNewswire/ -- In connection with the proposed acquisition of Eaton Vance Corp. (NYSE: EV) by Morgan Stanley (NYSE: MS) announced on October 8, 2020, shareholders of certain Eaton Vance closed-end funds (each, a "Fund" and, collectively, the "Funds") were asked to approve new investment advisory agreements and, where applicable, new investment sub-advisory agreements for the Funds at a joint special meeting of shareholders held on February 12, 2021 (the "Meeting"). At the Meeting, shareholders of the below-listed Funds approved new investment advisory agreements and, where applicable, new investment sub-advisory agreements: Eaton Vance 2021 Target Term Trust (NYS

BOSTON, Feb. 19, 2021 /PRNewswire/ -- In connection with the proposed acquisition of Eaton Vance Corp. (NYSE: EV) by Morgan Stanley (NYSE: MS) announced on October 8, 2020, shareholders of Eaton Vance Floating-Rate 2022 Target Term Trust (NYSE: EFL) (the "Fund") were asked to approve a new investment advisory agreement for the Fund at a special meeting of shareholders held on February 19, 2021 (the "Meeting"). The Meeting was adjourned to February 23, 2021 at 1:30 p.m. Eastern Time to allow more time for shareholders to vote.  The October 29, 2020 record date for shareholders entitled to vote at the adjourned Meeting remains unchanged.  Shareholders of the Fund who have already voted do not

BOSTON, Feb. 22, 2021 /PRNewswire/ -- In connection with the proposed acquisition of Eaton Vance Corp. (NYSE: EV) by Morgan Stanley (NYSE: MS) announced on October 8, 2020, shareholders of certain Eaton Vance mutual funds (each, a "Fund" and, collectively, the "Funds") were asked to approve new investment advisory agreements and, where applicable, new investment sub-advisory agreements for the Funds at a joint special meeting of shareholders held on February 18, 2021 (the "Meeting"). At the Meeting, shareholders of the below-listed Funds approved new investment advisory agreements and, where applicable, new investment sub-advisory agreements:  Eaton Vance Growth Trust Eaton Vance Mut

BOSTON, Feb. 23, 2021 /PRNewswire/ -- In connection with the proposed acquisition of Eaton Vance Corp. (NYSE: EV) by Morgan Stanley (NYSE: MS) announced on October 8, 2020 (the "Transaction"), shareholders of Eaton Vance closed-end funds were asked to approve new investment advisory agreements with Eaton Vance Management ("EVM") and, where applicable, new investment sub-advisory agreements for the funds.  The Transaction is subject to the completion or waiver of customary closing conditions, and is expected to close on March 1, 2021. EFL Shareholder Meeting Results.  At a special meeting of shareholders held on February 23, 2021, shareholders of Eaton Vance Floating-Rate 2022 Target Term Tru

WASHINGTON, Feb. 23, 2021 /PRNewswire/ -- In connection with the proposed acquisition of Eaton Vance Corp. (NYSE: EV) by Morgan Stanley (NYSE: MS) announced on October 8, 2020, shareholders of the Calvert funds (the "Funds") were asked to approve new investment advisory agreements and, where applicable, new investment sub-advisory agreements for the Funds at a joint special meeting of shareholders held on February 19, 2021 (the "Meeting").  The Funds are listed below.  At the Meeting, shareholders of each Fund approved a new investment advisory agreement and, where applicable, a new investment sub-advisory agreement: The Calvert FundCalvert High Yield Bond Fund Calvert Income FundCalvert Cor

NEW YORK, Feb. 23, 2021 /PRNewswire/ -- S&P SmallCap 600 constituent Cleveland-Cliffs Inc. (NYSE: CLF) will replace Eaton Vance Corp. (NYSE: EV) in the S&P MidCap 400, and WSFS Financial Corp. (NASD: WSFS) will replace Cleveland-Cliffs in the S&P SmallCap 600 effective prior to the opening of trading on Monday, March 1. S&P 500/100 constituent Morgan Stanley (NYSE: MS) is acquiring Eaton Vance in a deal expected to be completed on or about that date pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector March 1, 2021 S&P MidC