The firm’s largest-ever raise includes a $1.25 billion growth fund, marking a shift from its traditional early-stage focus. Benchmark Capital has secured $2 billion across two new funds, its largest capital raise to date. The funds include a $750 million early-stage vehicl
PVH reported $2 billion in Q1 revenue and raised EPS guidance but lowered annual sales forecasts due to Middle East conflict impacts. PVH posted first-quarter revenue of $2 billion, up 2% year-over-year on a reported basis but down 2% in constant currency, meeting internal
Columbus McKinnon reports 24% annual sales growth, driven by acquisition and organic gains, despite divestiture impacts. Columbus McKinnon (NASDAQ:CMCO) reported fiscal 2026 net sales of $1.2 billion, a 24% increase from the prior year. The growth was fueled by organic exp
Honeywell’s upcoming aerospace separation and lower stranded costs drive Goldman Sachs to raise its price target by $18. Goldman Sachs increased its price target for Honeywell International Inc. (NASDAQ:HON) to $276 from $258 and maintained a Buy rating. The adjustment fol
UBS downgrades SHW to Neutral, citing delayed housing recovery and modest 5% annual earnings growth through 2026. UBS lowered its price target for Sherwin-Williams (SHW) to $330 from $385 and downgraded the stock to Neutral. The firm cited persistent U.S. housing market he
Jack Abuhoff, CEO of Innodata (NASDAQ:INOD), reported the exercise and immediate sale of 38,056 shares of common stock for total proceeds of approximately $3.82 million, according to a SEC Form 4 filing. Transaction summary Transaction value based on SEC Form 4 weighted av
Universal Music Group (AEX:UMG) shares fell on Thursday after Bill Ackman’s Pershing Square Capital Management sold its remaining holding in the music company, bringing an end to a five-year investment. According to media reports, Pershing Square sold approximately 80.6 mi
Financial advisors face new risks in crypto asset management as stablecoins, AI trading, and regulations evolve, experts say. Financial advisors must update crypto due diligence practices to address risks in client cash management, regulatory disclosures, and AI-driven tra
AUDUSD trades within 0.7100-0.7200 range The AUDUSD price has been contained within a relatively well-defined range between 0.7100 and 0.7200 over the last 15 trading days. There were breaks below the lower boundary on May 19 and 20, but neither move generated sustain
Analysts cite AI concerns and geopolitical risks as key factors pressuring IT services valuations before ACN reports on June 18. Goldman Sachs and Stifel cut their price targets on Accenture (ACN) to $270 from $300 and $315, respectively, while maintaining Buy ratings. Bot