Category: Latest News
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WW International appoints Stephen Bye as president and CEO
WW International, Inc. (NASDAQ:WW), the parent company of Weight Watchers, appointed Stephen Bye as President and Chief Executive Officer and a member of its Board of Directors, effective this fall. Bye most recently served as President and CEO of connectivity intelligence company Ookla, whose brands include Speedtest and Downdetector. According to WW International, Bye increased…
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Datavault AI responds to shareholder securities lawsuit and short-seller dispute
Datavault AI Inc. (NASDAQ:DVLT) issued a statement addressing recently filed securities litigation against the company and certain officers, saying it intends to “vigorously defend” itself against the claims. According to Datavault AI, some allegations in the shareholder lawsuit concern matters raised in an October 31, 2024 report published by short seller Wolfpack Research. The company…
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Cognyte Software shares rise 8.6% following second-quarter results release
Cognyte Software (NASDAQ:CGNT) shares rose 8.63% in premarket trading on Wednesday after the security analytics software company released its second-quarter fiscal 2027 financial results. The results cover the quarter ended July 31, 2026. Cognyte was also scheduled to hold an earnings conference call at 8:30 a.m. ET. The company had previously announced on September 1…
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Dow explores potential exit from $20 billion Saudi Aramco chemicals venture, Bloomberg reports
Dow Inc. (NYSE:DOW) is considering options for its stake in a $20 billion chemicals venture with Saudi Aramco, including a potential exit, Bloomberg News reported, citing people familiar with the matter. According to the report, the review forms part of Dow’s efforts to restructure its portfolio during a prolonged downturn in the chemicals industry. Dow…
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Core & Main Q2 adjusted earnings beat estimates as revenue rises 2.5%
Core & Main, Inc. (NYSE:CNM) reported second-quarter adjusted earnings per share above analyst expectations on Wednesday, while revenue matched consensus estimates. Adjusted earnings per share were $0.94 for the quarter ended August 2, 2026, compared with the analyst consensus estimate of $0.92. Revenue increased 2.5% year over year to $2.14 billion from $2.09 billion, matching…
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RXO reports August truckload gross profit per load increase of more than 10%
RXO (NYSE:RXO) said its truckload gross profit per load increased by more than 10% in August compared with July, exceeding the outlook provided during its second-quarter earnings conference call. The truck brokerage and transportation services company said spot freight accounted for approximately 50% of its full-truckload volume during the first two months of the third…
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Sunbelt Rentals shares rise 3% after Q1 results and higher fiscal 2027 guidance
Sunbelt Rentals Holdings, Inc. (NYSE:SUNB) shares rose 3.39% in premarket trading on Wednesday after the company reported first-quarter fiscal 2027 results and raised its full-year guidance. Adjusted earnings per share were $1.18, while total revenue increased 11.2% year over year to $3.12 billion. Rental revenue rose 12.5% to $2.93 billion, including growth of 25.3% in…
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Chewy Q2 earnings meet estimates as company raises full-year outlook
Chewy Inc. (NYSE:CHWY) reported second-quarter adjusted earnings in line with analyst expectations on Wednesday, while revenue came in slightly above consensus and the company raised its full-year revenue and profitability outlook. Adjusted earnings per share were $0.36, matching the analyst consensus estimate. Net sales increased 7.3% year over year to $3.33 billion, compared with the…
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Oddity Tech shares rise 24% after Q2 earnings beat and updated outlook
Oddity Tech Ltd. (NASDAQ:ODD) shares rose 23.99% in premarket trading on Wednesday after the beauty and wellness technology company reported second-quarter earnings and revenue above analyst expectations and provided its third-quarter outlook. Adjusted earnings per share were $0.20, compared with the analyst consensus estimate of $0.19. Revenue totalled $181 million, exceeding the analyst estimate of…
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J.Jill shares rise 14.8% after Q2 earnings beat and higher annual outlook
J.Jill, Inc. (NYSE:JILL) shares rose 14.83% in premarket trading on Wednesday after the women’s apparel retailer reported second-quarter earnings and revenue above analyst expectations and raised its full-year fiscal 2026 outlook. Adjusted earnings per share were $1.24, compared with the analyst consensus estimate of $0.57. Revenue increased 0.5% year over year to $154.8 million, exceeding…