The industrial manufacturer targets mid- to high single-digit sales growth for fiscal 2027 as part of its capacity expansion plan. Standex International outlined a capacity plan for its Standex Grid segment, aiming for $340M-$440M in sales by fiscal 2030. The company cited
Situational Awareness liquidated leveraged positions at steep discounts after prime brokers demanded collateral amid a 35% market drop. Leopold Aschenbrenner’s hedge fund, Situational Awareness, shed $35 billion in assets after prime brokers issued margin calls, forcing a
Imperial Oil accelerates share repurchases while reducing downstream throughput guidance by approximately 6% for Q2 2026. Imperial Oil announced plans to repurchase all remaining shares under its Normal Course Issuer Bid (NCIB) by year-end. The move aligns with its strateg
Truckload carrier Heartland Express posted a $10.6 million net income, reversing a year-ago loss, driven by $22 million in equipment sale gains. Heartland Express (NASDAQ: HTLD) reported a second-quarter net income of $10.6 million, or 14 cents per share, compared with a 1
The industrial components maker also plans to repay its term loan by November 2026, signaling financial confidence. RBC Bearings Incorporated projected second-quarter fiscal 2027 revenue between $505 million and $515 million. The guidance reflects management’s outlook duri
DiamondRock Hospitality raises 2026 RevPAR growth forecast and boosts adjusted FFO per share guidance after strong Q2 performance. DiamondRock Hospitality Company revised its 2026 outlook, projecting adjusted FFO per share between $1.18 and $1.23, up from prior guidance. T
SanDisk has taken investors on a wild ride in recent months. For instance, SanDisk (SNDK) stock is up roughly 2,240% over the past 12 months, a return that turned a sleepy chipmaker into one of the most talked-about stocks on Wall Street Then came the drop. The chip
U.S. stocks are drifting slightly higher at midday Friday as two of the market's largest companies move in opposite directions. The Dow Jones Industrial Average (DJINDICES: ^DJI) is up 0.3% as of 12:14 p.m ET. The S&P 500 (SNPINDEX: ^GSPC) has added 0.2%, on pace fo
Quick Read - LLY raised 2026 guidance to $82B-$85B as Mounjaro and Zepbound surged, while NVO guided to an adjusted sales decline and cut 9,000 jobs. - Novo pre-announced 50% Wegovy and 35% Ozempic price cuts effective January 2027, capping future cash flow but protecting volume...</stron
Bernstein Just Boosted Its Robinhood Price Target to $160. Here's What's Driving the HOOD Price Upgrade When most investors think about Robinhood Markets (NASDAQ: HOOD), they probably think about equity trading and, to a lesser extent, crypto trading. But that narra
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