In a decisive move to streamline operations and bolster its financial health, Hain Celestial Group has agreed to sell its North American snacks portfolio to family-owned Canadian firm Snackruptors. The deal marks the first major step following a comprehensive strategic review launched last year.
In a notable departure from typical market structures, retail investors collectively hold a commanding 50% stake in FB Bancorp (NASDAQ:FBLA), granting them significant sway over corporate decisions, while institutions control 46%. This ownership breakdown raises questions about governance and stock stability for the regional bank.
Shares of Master Drilling Group (JSE:MDI) have climbed 17% in three months. A deeper look reveals a robust Return on Equity that outpaces the industry, fueling earnings growth even as the broader sector contracts. But how much of the rally is sustainable?
Imperial Oil Limited (TSE:IMO) announces an increased quarterly dividend to CA$0.87 per share, continuing a multi-year trend of robust dividend growth supported by strong earnings and reinvestment plans.
The parent company of Fatburger, Johnny Rockets, and Twin Peaks has filed for bankruptcy, closing 32 corporate-owned restaurants as it grapples with over $1.3 billion in defaulted debt and seeks to restructure.
Director of National Intelligence Tulsi Gabbard has formally explained her presence at a contentious FBI search of Fulton County election offices, stating she acted under presidential request and her statutory authority. The move has drawn scrutiny from top congressional Democrats and raised questions about the boundaries of her role.
Shareholders of both Coeur Mining and New Gold have voted decisively in favor of a merger that will create a major North American precious metals producer, with the deal now awaiting final regulatory approvals.
CarGurus executives signal strategic investment push at a recent conference, forecasting a margin dip for 2026 to fuel long-term growth, leaving Wall Street analysts divided on the stock's near-term trajectory.
Divergent analyst ratings on Incyte Corp highlight the debate over the biotech's valuation and its ability to transition beyond its flagship drug Jakafi, with price targets ranging from $107 to $118.
U.S. insurer Radian Group has finalized its $1.67 billion cash acquisition of Lloyd's of London specialist Inigo, a strategic move that diversifies its business beyond mortgage insurance and is projected to significantly boost earnings and revenue.
The broadcast giant Nexstar Media Group (NXST) confirms its upcoming quarterly dividend, maintaining a yield of 3.6% and highlighting a decade of aggressive payout growth. Analysts point to sustainable coverage and strong earnings projections as key supports for income-focused investors.
As optimism returns to European markets, income-focused investors are turning to dividend stocks for resilience and yield. We analyze three European companies offering compelling payouts, weighing their potential against underlying risks in the current economic climate.
As Bitcoin extends its decline, falling 37% from last year's peak, a top strategist outlines a scenario where the cryptocurrency could face months of pressure and a steep drop to $40,000, citing dwindling liquidity and corporate selling risks.
A 13-year-old boy swam four kilometers through treacherous waters off Western Australia's coast to alert rescuers after his mother and two siblings were swept out to sea, in an act described by emergency crews as "superhuman."
Senior NATO naval commanders, gathered in Paris, warn that Russia continues to prioritize and fund its Northern Fleet's submarine capabilities, forcing a costly and complex Western response in the North Atlantic and Arctic.
Months after its Nasdaq debut, regional lender Central Bancompany secures a major new institutional investment, highlighting investor confidence in its fundamentals amid a complex rate environment.
The AI-native platform for audit and advisory firms closes a Series C round led by Goldman Sachs, aiming to scale its model of human-AI collaboration in a $700 million valuation milestone.
TD Cowen reaffirmed its Buy rating on Northern Trust and increased its price target to $175, following the company's better-than-expected fourth-quarter earnings driven by robust fee growth and disciplined cost management.
RBC Capital has increased its price target for Morgan Stanley to $207, following the firm's strong fourth-quarter results driven by its diversified business lines, particularly a record-setting Wealth Management division.
Goldman Sachs sees its price target raised by two major analysts, with KBW lifting it to $1,000 and Bank of America to $1,100, citing robust performance in investment banking and trading divisions and a favorable regulatory shift.
