News
Megaport Achieves Significant Improvement
Australian network-services provider, Megaport, reports an 80% reduction in annual loss and a significant increase in earnings for the coming year. Revenue surged by 40% to reach A$153.1 million.
Amazon's E-commerce Business Still 'Underappreciated' on Wall Street
Despite facing challenges, Amazon's e-commerce business is poised for success with its impressive fulfillment infrastructure and other favorable factors.
Freshpet Inc. Announces Agreement with Jana Partners
Freshpet Inc. announces agreement with Jana Partners, welcomes two new directors, and highlights its impressive stock growth. Investors and pet owners can anticipate a promising future.
DuPont de Nemours Inc. to Sell Majority Stake in Delrin Business
DuPont de Nemours Inc. plans to sell 80.1% stake in Delrin business to TJC LP for $1.8B, providing value to shareholders and potential for future growth.
BlueScope Steel Reports 64% Drop in Full-Year Profit
BlueScope Steel reports a 64% decrease in full-year profit due to declining market prices. Despite this, the company remains committed to enhancing production and shareholder value through strategic initiatives.
DC Superhero Film 'Blue Beetle' Tops Weekend Box Office
The highly anticipated DC superhero film 'Blue Beetle' dominates the weekend box office with $25.4 million, dethroning 'Barbie.' Despite facing tough competition, the film showcases a Hispanic cast and receives solid reviews. 'Blue Beetle' faces challenges from popular movies and external factors like a hurricane and actors' strike. 'Strays' and 'Teenage Mutant Ninja Turtles: Mutant Mayhem' also struggle to make an impact.
Steppe Cement Sales Decline in First Half of Year
Steppe Cement experiences a decline in sales and turnover in the first half of the year due to inflationary pressures and a contracting cement market in Kazakhstan.
Citi Analyst Updates Price Targets Ahead of Q2 Earnings
Citi analyst Itay Micheli updates price targets for companies ahead of Q2 earnings, with a focus on Tesla and General Motors.
Novartis Q2 2023: Sales Forecast and Key Growth Drivers
Novartis is set to release its second-quarter results with projected sales of $13.45 billion and net income of $3.55 billion. Key growth drivers include Kisqali and Pluvicto drugs.
Joe Manchin and the Push for a Third-Party Unity Ticket in 2024
Democratic Sen. Joe Manchin and No Labels advocate for a third-party unity ticket in the 2024 presidential race, sparking significant debate and redefining political alliances.