Analysts raise price targets on IVPAF to C$13, citing projected production and cash flow improvements starting Q3 2026. Ivanhoe Mines (IVPAF) surged 8.6% in Tuesday trading following upgrades from Canaccord Genuity and Morgan Stanley to Buy from Hold. Canaccord raised its
The power component maker forecasts 2026 revenue exceeding $600M and targets $2.5B sales at 70% gross margins. Vicor Corporation outlined a 2026 revenue target of over $600M during its Q2 2026 earnings call, while setting a long-term sales goal of $2.5B at 70% gross margin
General Motors raises full-year earnings outlook after strong Q2 performance and subscription expansion targets. General Motors increased its 2026 adjusted EBIT guidance to a range of $14 billion to $16 billion, marking the second upward revision this year. The automaker c
First-quarter data shows a 15% increase in stressed borrowers, with software firms accounting for 26% of troubled investments. Business development companies face growing credit stress, with 538 of roughly 5,000 portfolio companies showing signs of pressure in Q1 2026. The
Annaly Capital Management raises quarterly dividend to $0.75 after earnings available for distribution climb to $0.76 per share. Annaly Capital Management increased its quarterly dividend to $0.75 per share from $0.70, marking its second hike in 18 months. The move follows
The sale of Maple Street Biscuit and a $77 million sale-leaseback deal aim to cut debt and refocus on core operations. Cracker Barrel completed the sale of its Maple Street Biscuit Company to Biscuit Belly, LLC, transferring 35 locations while closing 16 others. The divest
First Trust Institutional Preferred Securities and Income ETF sets a $0.0948 payout for shareholders of record by July 21. The payout is payable on July 31 to shareholders of record as of July 21, with an ex-dividend date also set for July 21 The ETF reported a 30-d
SanDisk stock has rallied sharply post-spinoff but retreated 36% in the past month before upcoming Q4 results. SanDisk (NASDAQ: SNDK) has climbed 3,810% since its February 2025 spinoff from Western Digital, driven by strong earnings reactions. The stock soared after each o
SmartFinancial aims for $4 EPS by Q4 2026 SmartFinancial is targeting a $4 earnings per share run rate by Q4 2026. The company's President, CEO & Director noted a strong second quarter, with tangible book value increasing to $28.22 per share. The company's net in
Palantir reports 85% revenue growth and 130% U.S. commercial sales surge, yet stock falls sharply from peak levels. Palantir Technologies (NASDAQ: PLTR) posted $1.6 billion in revenue for the latest quarter, up 85% year over year, as demand for its AI software accelerated.
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