
Energizer: Fiscal Q2 Earnings Snapshot
ST. LOUIS — ST. LOUIS — Energizer Holdings Inc. (ENR) on Tuesday reported fiscal second-quarter profit of $28.3 million.
On a per-share basis, the St. Louis-based company said it had profit of 39 cents. Earnings, adjusted for one-time gains and costs, were 67 cents per share.

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Forbes
33 minutes ago
- Forbes
The Washington Post Is Running Out Of Readers Willing To Pay
WASHINGTON, DC - JUNE 5: The Washington Post Building at One Franklin Square in Washington, DC. ... More (Photo by) I could hardly believe it when I saw The Washington Post's new average daily paid circulation figure that made the rounds in recent days — a number so low that I first thought it must surely be missing a digit. 97,000. That figure comes via the Alliance for Audited Media, and it reveals that The Washington Post's average paid daily circulation has dropped below 100,000 for the first time in 55 years. To put that in perspective: 97,000 is the sort of figure you'd expect to see from a mid-size regional paper like The Minnesota Star Tribune or The Seattle Times. Not from a globally recognized newsroom with a billionaire owner and multiple Pulitzers to its name. The Washington Post's vanishing readership Well, who cares about print anymore anyway, you might think. But there's a difference between being the most important thing – and simply being important. Print falls in the latter category, because not only does the physical version of a newspaper or magazine still brings in revenue – an outlet's circulation is also a kind of proxy metric that reflects the strength of a media brand's connection to its audience. Five years ago, the Post was selling 250,000 papers a day. On Sundays, it now barely crosses 160,000 (both numbers, again, from the Alliance for Audited Media data). Those numbers suggests that, at a time when trust and relevance are more important than ever for media institutions, the Jeff Bezos-owned newspaper seemingly comes up short on both counts – based on the declining number of readers who are willing to pay for it. What's more, the timing of this latest data coincides with a new bout of contraction: The Post is also eliminating its Metro section, folding local news coverage into a hybrid that combines Metro, Sports, and Style. You don't need a memo to understand what's happening here. The Post is shrinking, both physically and in terms of its relevance. Once a D.C. powerhouse with national ambition, it's now in retreat, dealing with a collapse in readership and constant editorial instability. You could also argue there's something of a disconnect that remains between the paper's mission and its audience. As one reader wrote on X, 'Local coverage of Virginia is a joke, and Politico, Axios and others eat their lunch' on Capitol Hill reporting. Another noted that the Post tried to become a national rival to The New York Times and failed — abandoning its identity as a regional and D.C. insider paper in the process. One theory worth considering: The problem may very well be baked into the newspaper's brand itself. For all its Pulitzer-winning political journalism and ambitious national coverage, The Washington Post still carries the weight and limitations of, well, its name. My suspicion is that, because of its name, it probably remains too closely associated with Beltway politics, federal institutions, and D.C. power players. That makes it an obvious read for lawmakers and lobbyists, but a tougher sell for someone in, say, Des Moines. The New York Times has certainly rebranded itself as a national lifestyle enterprise, with features like games and cooking-related content that augment its journalism. But while New York is a hub for media, entertainment, politics, and business, Washington D.C. is kind of a one-note town. Making matters worse, the Post has been hemorrhaging top talent in recent months, including Metro veterans and key editors. It's also dealing with sagging newsroom morale and tension surrounding Bezos's editorial direction. Long story short: The paper is facing a reader crisis, a branding problem, and a leadership challenge all at once. It's hard to see how the Post pulls itself out of this nosedive – and the circulation numbers suggest it's running out of time.
Yahoo
38 minutes ago
- Yahoo
What if Elon Musk Is Right About U.S. National Debt? 3 Stocks to Buy if He Is.
As Elon Musk argues, rising national debt and debt servicing costs are curtailing the growth prospects of the U.S. economy. More debt could lead to higher interest rates over the long term. These stocks are beneficiaries of rising interest rates. 10 stocks we like better than Prudential Financial › The highly public spat between Tesla CEO Elon Musk and President Donald Trump over the One, Big, Beautiful Bill highlights an ongoing, decades-long debate over national debt. The focus of this article is to explore a potential scenario and suggest a way to invest in protection against it. That path is via life and retirement insurance companies like Prudential Financial (NYSE: PRU), MetLife (NYSE: MET), and Corebridge Financial (NYSE: CRBG). Here's why. This chart gets to the heart of the matter. As shown below, the U.S. national debt has increased substantially, and so has the level of debt in relation to the country's gross domestic product (GDP). The shaded areas show recessionary periods, including the financial crisis of 2008-2009 and the pandemic, whereby GDP contracted and spending soared, so naturally, the debt-to-GDP ratio did, too. Still, the response in both cases was the same: more spending and more debt. Musk's view is that the national debt issue needs to be addressed as it's out of control and has the potential to saddle Americans with an unsustainable debt burden, which the bill will exacerbate. To be fair, the Trump administration's aim is not to increase the deficit as officials believe it will lower the deficit, through implementation of mandatory savings and promoting GDP growth. Again, this is not the place to debate that matter. However, what if Musk is right and the U.S. continues down the path of rising debt? Rising debt levels and debt servicing payments imply more debt issuance. Simple economics argues that, unless demand improves, the rising supply of debt will lead to a rise in the price of debt. In other words, long-term interest rates will rise, and could be higher than the market is expecting. The chart below indicates that the market is comfortable with the matter and isn't attaching a significant premium (beyond the usual premium to reflect the increased risk of holding longer-dated debt) to long-term interest rates over medium-term rates. But the market could be wrong. And while Musk's primary concern appears to be the difficulty of cutting rates caused by rising debt, it's only a short step away to argue that rising debt could lead to higher long-term interest rates. The situation might not be catastrophic, but interest rates could be higher than anticipated. It's not an ideal scenario for stocks overall, as it makes them relatively expensive compared to bonds. However, there is one sector that could do well, namely life and retirement insurers such as Prudential Financial, MetLife, and Corebridge. These insurance companies pick up premiums from policyholders. The policies create long-term liabilities for insurers that they need to balance against their assets. As such, they tend to invest in relatively low-risk assets, such as government debt. While rising interest rates will reduce the value of the existing debt holdings, they will also increase the discount rate used to calculate the net present value of their liabilities. Consequently, as rates rise, insurers will be able to buy corporate bonds, mortgage loans, and government debt at higher rates. Here's a breakdown of all three insurers and the assets they hold in their general accounts, which are used to match their liabilities. General Account Assets Highest Share Second Third Notes Prudential Financial 54.9% in publicly available for sale fixed maturities 18.3% in privately available for sale fixed maturities 14.4% commercial mortgage and other loans Mainly corporate and government fixed maturities MetLife 31.6% investment grade corporate debt 18.4% Net mortgage loans 16.1% structured products Only $11.6 billion of its $430.9 billion in general account assets is in non-investment grade corporate and foreign government bonds Corebridge 35% public corporate debt 10% private corporate debt 7% residential mortgage-backed securities 97% in fixed income or short-term investments Data sources: Company presentations. As indicated above, the assets in their general accounts are fixed income and relatively safe investments, giving all three companies good exposure to the theme of higher long-term rates. It's important not to be too alarmist here. The debt problem is undoubtedly an issue, but it's very hard to predict where interest rates, or total interest payable, will be. That said, if you are a young person worried about the public debt burden and the possibility of higher rates over your lifetime, then it makes sense to buy stocks in this sector as a form of (I'm avoiding the obvious word) matching your assets to your potential future liabilities from rising public debt servicing costs. Before you buy stock in Prudential Financial, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Prudential Financial wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. What if Elon Musk Is Right About U.S. National Debt? 3 Stocks to Buy if He Is. was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
38 minutes ago
- Yahoo
Elon Musk Makes Big Announcement About New Technology
The neurotechnology company co-founded by Elon Musk, Neuralink, is set for what could be world-changing human trials soon. Musk recently revealed that Neuralink will begin human trials for the company's first implants for vision within the next year. "In the next six to 12 months, we'll be doing our first implants for vision, where even if somebody is completely blind, we can write directly to the visual cortex," Musk said to Y Combinator on Thursday. Neuralink has already tested the implant on a monkey, and Musk says that the animal has had it for three years. He adds that the vision offered from the implant would be in low resolution at first, but will improve over time. "Long term, it'll be very high resolution and you'll be able to see multi-spectral wavelengths," Musk revealed. Musk said back in April that the vision of the people who use the implant "will exceed the best human eyes." The "Blindsight" implant will enable its users to see ultraviolet rays, infrared and radar "like a superpower situation," the Tesla CEO added. Neuralink's brain-computer interface (BCI) has already seen some success. The BCI was inserted into the brain of Noland Arbaugh, a paralyzed man who is now able to control computers with his thoughts thanks to the Musk Makes Big Announcement About New Technology first appeared on Men's Journal on Jun 21, 2025