Category: Latest News
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United Natural Foods tops earnings estimates while revenue misses expectations
United Natural Foods Inc. (NYSE:UNFI) reported fiscal second-quarter 2026 results that exceeded profit forecasts but came in below analyst expectations on revenue. Shares of the grocery wholesaler rose 0.41% in pre-market trading following the announcement. The company posted adjusted earnings per share of $0.62, surpassing the analyst consensus estimate of $0.51 by $0.11. Revenue, however,…
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Custom Truck One Source tops earnings forecasts but misses on revenue
Custom Truck One Source, Inc. (NYSE:CTOS) reported fourth-quarter results on Tuesday that surpassed earnings expectations but came in below revenue forecasts. The company’s shares slipped 0.08% in after-hours trading following the release. The specialty equipment provider posted adjusted earnings per share of $0.09 for the quarter, beating the analyst consensus estimate of $0.07 by $0.02.…
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Willis Lease Finance Q4 earnings miss estimates despite strong revenue growth
Willis Lease Finance Corporation (NASDAQ:WLFC) reported fourth-quarter results on Tuesday that fell short of earnings expectations, even though revenue came in ahead of forecasts. Shares of the aircraft engine leasing company slipped 1.84% in after-hours trading following the release. For the fourth quarter, Willis Lease Finance posted adjusted earnings per share of $1.52, well below…
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Kohl’s shares slide as weak sales outlook outweighs earnings beat
Kohl’s Corporation (NYSE:KSS) shares fell in premarket trading on Tuesday after the retailer reported fourth-quarter earnings that exceeded expectations but delivered slightly weaker revenue and issued fiscal 2026 guidance below analyst forecasts. The stock dropped about 10%. The company posted adjusted earnings per share of $1.07 for the fourth quarter, surpassing the analyst consensus estimate…
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CRISPR Therapeutics shares drop after announcing convertible notes sale
CRISPR Therapeutics AG (NASDAQ:CRSP) shares declined 6.75% on Tuesday after the company revealed plans to raise $350 million through a convertible senior notes offering. The gene-editing firm said it plans to issue convertible senior notes due in 2031 through a private placement aimed at qualified institutional buyers under Rule 144A of the Securities Act. The…
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Atlas Energy Solutions reaches power equipment agreement with Caterpillar
Atlas Energy Solutions Inc. (NYSE:AESI) announced it has signed a Global Framework Agreement with Caterpillar Inc. (NYSE:CAT) covering roughly 1.4 gigawatts of power generation equipment, with orders expected to be placed between 2027 and 2029. The deal carries total purchase commitments of about $840 million over the contract period. Atlas said that with the successful…
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Precision BioSciences reports encouraging muscle improvements in preclinical DMD gene therapy study
Precision BioSciences Inc. (NASDAQ:DTIL) presented new preclinical findings for its PBGENE-DMD gene therapy at the Muscular Dystrophy Association Clinical & Scientific Conference 2026 held in Orlando, Florida. The research utilized a humanized Duchenne muscular dystrophy (DMD) mouse model designed to mirror the muscle degeneration seen in patients with the disease. Treatment with PBGENE-DMD resulted in…
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MiNK Therapeutics shares jump 80% after C-Further partnership announcement
MiNK Therapeutics (NASDAQ:INKT) shares climbed about 80% on Tuesday after the company revealed a collaboration with C-Further aimed at developing a PRAME-targeted iNKT cell therapy for pediatric cancers. Under the agreement, the clinical-stage biopharmaceutical company will receive around $1.1 million in non-dilutive funding to help support IND-enabling development of its PRAME-TCR-iNKT program. The deal also…
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Apple now produces about 25% of iPhones in India as it reduces reliance on China, Bloomberg reports
Apple Inc (NASDAQ:AAPL) has significantly increased iPhone manufacturing in India, highlighting the company’s efforts to diversify production away from China amid ongoing trade tensions and tariff concerns, according to a Bloomberg report published Tuesday. Apple assembled approximately 55 million iPhones in India in 2025, representing an increase of about 53% compared with roughly 36 million…
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Amazon convenes engineers to review AI-related service outages – FT
Amazon (NASDAQ:AMZN) has summoned a large group of engineers to a meeting on Tuesday to investigate a series of service disruptions tied to artificial intelligence, the Financial Times reported. According to a briefing document for the meeting reviewed by the FT, the company has observed a “trend of incidents” in recent months, characterized by a…