Murphy USA reported net income of $209.1 million in the second quarter of 2026, up 43.6% from $145.6 million a year earlier. Adjusted EBITDA rose to $377.3 million, a 31.9% increase compared to $286 million in the prior-year quarter. Fuel performance was a key driver of the results. Price volatility [...]
PNC Bank has seen meaningful momentum in recent months, supported by strong financial performance and continued expansion. In Q2 2026, PNC reported $2.1 billion in net income, up 25% year-over-year, while total revenue reached $6.9 billion, a 21% increase. The company also generated record revenue, net interest income and fee [...]
7-Eleven’s parent company, Seven & i Holdings, posted a record first quarter of fiscal 2026, with overall operating income up 122.4% year over year to more than 105 billion yen (about $649 million). Over the same period, its North American unit, 7-Eleven Inc., achieved a 25% increase in operating income, [...]
Key Takeaways: Murphy USA’s core business is performing at a high level, driven by fuel margin expansion and consistent inside sales growth New store development remains a primary growth lever, with a steady pipeline of openings underway QuickChek represents a drag on overall performance, with restructuring efforts focused on improving [...]
Key Takeaways: BMO plans to open 145 new branches across California and Arizona The bank is concentrating growth in higher-potential Western markets BMO is selling 138 branches to First Citizens as part of a broader footprint realignment The expansion builds on BMO’s Bank of the West acquisition and long-term U.S. [...]
7-Eleven plans to close 645 convenience stores across North America during fiscal 2026, marking the fifth consecutive year the company will shutter more locations than it opens. The closures are a central part of a broader effort to streamline operations, improve margins, and reposition the portfolio ahead of a delayed [...]
QuikTrip plans to open at least 80 new stores this year, the company announced, continuing a growth pace that has become familiar for the Tulsa, Oklahoma-based retailer. If QuikTrip hits that goal, it will have grown at roughly the same rate as it has over the past few years: the [...]
On July 4th, President Trump signed the “One Big Beautiful Bill Act” into law, marking a significant shift in tax policy that will benefit commercial real estate investors. Among its key provisions is the permanent restoration of 100% bonus depreciation for qualifying properties purchased after January 19, 2025—a powerful tool [...]
Long-Awaited Cut Has Positive Implications for Commercial Real Estate and Consumers After reducing the overnight lending rate by 50 basis points in September, the Federal Open Market committee opted to cut again by half that margin at the November meeting. This returns the target lower bound to 4.5 percent — [...]
Long-Awaited Cut Has Positive Implications for Commercial Real Estate and Consumers The Federal Open Market Committee (FOMC) slashed the the federal funds rate by 50 basis points during its September meeting, setting the lower bound at 4.75 percent. The first cut since March 2020, this decision reflects the Fed's confidence [...]
