The US food manufacturer recorded $2bn in non-cash impairment charges, driving a $1.92bn net loss for fiscal 2026. Conagra Brands reported a $1.9bn annual loss after taking $2bn in non-cash goodwill and brand impairment charges. The charges, primarily tied to a decline in
The S&P 500 remains up 9.6% year-to-date, but 30 components have fallen more than 30% amid mixed market performance. Thirty stocks in the S&P 500 have declined more than 30% in 2026, highlighting a divergence in performance within the benchmark index. The broader S&P 500 h
An initiation report forecasts significant gains for the Trump-linked defense contractor as sector stocks advance on new orders. Unusual Machines received an analyst initiation targeting a 125% share price increase, driven by broader gains in defense stocks. The firm, link
U.S. stock index futures traded higher on Wednesday, indicating Wall Street could extend the previous session's gains after fresh inflation data strengthened expectations that the Federal Reserve may be able to keep interest rates on hold. Producer price data adds to infla
Stripe and Advent International reportedly offered $60.50 per share for PayPal, a 28% premium to Tuesday’s close. PayPal shares surged nearly 19% in premarket trading to $56.29 after reports of a $53 billion takeover bid from payments firm Stripe and private equity group A
Regulatory clearance allows Apple Intelligence to integrate Alibaba’s Qwen AI model across iOS and other platforms in China. Apple received regulatory approval in China for its Apple Intelligence AI service, integrating Alibaba’s Qwen model across iOS, iPadOS, macOS, and v
GoldMining Inc. press release (GOLD:CA): Q2 GAAP EPS of -$0.04. On June 26, 2026, U.S GoldMining filed a prospectus supplement to reduce the maximum amount of U.S. GoldMining Shares issuable pursuant to the U.S. GoldMining Offering Agreement to approximately US$2.1
Laughing Water Capital’s Q2 2026 letter highlights LFCR’s undervaluation as its portfolio surged 39.8% in the quarter. Lifecore Biomedical Inc (NASDAQ:LFCR) closed at $4.61 on July 14, 2026, valuing the company at $172.92 million, despite a -16.49% one-month return. The st
Osisko Gold Group (OGG) has changed its name from Osisko Development Corp. (ODV), the company said on Wednesday. - The Osisko Gold common shares are expected to commence trading under its new name and stock ticker symbol "OGG" on the TSX Venture Exchange and the New York Stock...
What happened: PayPal stock (PYPL) jumped 28% in pre-market on Wednesday. What's behind the move: Payments company Stripe and private equity firm Advent International have reportedly made an offer to acquire PayPal at $60.50 per share in a deal that would value the payment
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