Category: Latest News
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Biohaven Shares Edge Higher After Completing Enrollment in Obesity Drug Trial
Biohaven Ltd. (NYSE:BHVN) shares gained about 2% on Thursday after the company announced that enrollment has been completed in its Phase 2 clinical trial evaluating taldefgrobep alfa as a potential treatment for obesity. Topline results from the study are expected in the second half of 2026. The randomized, double-blind, placebo-controlled trial is testing both once-weekly…
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Aveanna Healthcare Shares Dip Despite Q4 Earnings Beat as 2026 Outlook Disappoints
Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) reported fourth-quarter results that came in above analyst expectations, but its shares slipped about 2.3% after the company issued fiscal 2026 guidance that slightly missed Wall Street forecasts. The home healthcare provider posted adjusted earnings per share of $0.17 for the quarter, topping the consensus estimate of $0.13 by $0.04.…
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Cato Corp Shares Slip After Q4 Loss Despite Margin Improvement
Cato Corp. (NYSE:CATO) reported a net loss of $0.55 per share for the fourth quarter ended January 31, 2026, improving from a loss of $0.74 per share recorded in the same period a year earlier. The company’s shares declined about 2.45% following the announcement. Quarterly revenue came in at $151.66 million, representing a 3.4% decrease…
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Destination XL Posts Wider Q4 Loss as Arctic Weather Disrupts Sales
Destination XL Group, Inc. (NASDAQ:DXLG) reported fourth-quarter results that missed Wall Street expectations, posting an adjusted loss per share of $0.10 compared with the analyst forecast of a $0.02 loss. The company’s shares showed little reaction following the release. Revenue for the quarter totaled $112.1 million, broadly in line with the consensus estimate of $112.17…
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Nucor Forecasts Strong Q1 Earnings Above Estimates as Steel Demand Improves
Nucor Corporation (NYSE:NUE) issued guidance for the first quarter of 2026, projecting earnings of $2.70 to $2.80 per diluted share, ahead of the analyst consensus estimate of $2.71 per share. The midpoint of the company’s forecast is $2.75 per share. Shares were little changed following the announcement. The steel producer said it expects profit growth…
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Mobilicom Shares Jump After FCC Lists Company Among First “Trusted Drone” Providers
Mobilicom Limited (NASDAQ:MOB) shares climbed about 9% on Thursday after the company was included in the Federal Communications Commission’s initial group of “Trusted Drones,” a classification determined by the U.S. Department of War. The designation means Mobilicom’s drone technology portfolio is exempt from the DoW’s Covered List restrictions, which block the import and sale of…
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Rubrik Introduces Data Protection Platform for Google Workspace
Rubrik (NYSE:RBRK) has launched a new data protection solution designed for organizations using Google Workspace, targeting the more than 11 million businesses that rely on services such as Google Drive and Gmail. The new platform, Rubrik Data Protection for Google Workspace, is designed to strengthen data security and improve recovery capabilities for companies operating within…
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ZenaTech Develops Low-Cost Interceptor Drone with Target Price Below $5,000
ZenaTech Inc. (NASDAQ:ZENA) said it is developing a new autonomous interceptor drone through its ZenaDrone subsidiary, aiming for a selling price below $5,000 for the system. The drone, called the ZenaDrone Interceptor P-1, is designed as a single-use autonomous aircraft capable of intercepting hostile drones midair. The vertical takeoff and landing system is intended to…
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Cannabix Secures First Construction Industry Sale of Marijuana Breath Test Technology
Cannabix Technologies Inc (USOTC:BLOZF) (CSE:BLO) has announced its first commercial delivery of its Marijuana Breath Test (MBT) devices to a major construction firm in the Pacific Northwest, marking a significant step in the company’s push into safety-sensitive industries. The sale, completed through an authorized reseller, introduces a new approach to cannabis testing in workplaces where…
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Initial Jobless Claims Decline Despite Expectations of Increase
The U.S. Labor Department reported Thursday that first-time applications for unemployment benefits declined unexpectedly in the week ending March 14. According to the report, initial jobless claims dropped to 205,000, down 8,000 from the previous week’s unrevised total of 213,000. Economists had anticipated a slight increase to around 215,000. The less volatile four-week moving average…