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Canadian Solar stock tumbles 13% on disappointing Q4 results, soft Q1 outlook
Canadian Solar Inc. (NASDAQ:CSIQ) reported fourth-quarter results that missed analyst expectations, sending its shares down about 13.6% following the release. The company recorded a loss of $1.66 per share for the quarter, significantly worse than the analyst forecast for a $0.47 per share loss. Revenue totaled $1.22 billion, falling short of the $1.37 billion consensus…
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Lantronix partners with Unusual Machines for defense drone components
Lantronix Inc. (NASDAQ:LTRX) and Unusual Machines Inc. (AMEX:UMAC) announced a partnership to develop components for autonomous defense drones that meet the requirements of the U.S. National Defense Authorization Act. The collaboration will combine Lantronix’s edge AI computing technology with Unusual Machines’ flight control systems to create integrated platforms designed for autonomous drone operations. The companies…
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Hillman targets $2.5 billion in sales by 2030 with growth strategy
Hillman Solutions Corp. (NASDAQ:HLMN) presented long-term growth plans and financial targets during its first investor day, outlining a goal of reaching $2.5 billion in net sales by 2030. The hardware products supplier said it expects revenue to grow at a compound annual rate of 8% to 12% over the next five years. The projected growth…
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Palantir partners with Moder to build AI mortgage platform
Palantir Technologies Inc. (NASDAQ:PLTR) announced a collaboration with Moder to develop an artificial intelligence-driven platform designed to streamline mortgage operations, with Freedom Mortgage selected as the initial pilot customer. The platform is built using Palantir’s Ontology technology, which creates an AI framework capable of integrating with existing mortgage infrastructure. According to the companies, the system…
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Lands’ End misses Q4 estimates, despite return to revenue growth
Lands’ End, Inc. (NASDAQ:LE) reported fourth-quarter results that came in below analyst expectations, with adjusted earnings per share of $0.76 missing the consensus forecast of $0.79 and revenue of $462.4 million falling short of the $472.24 million estimate. Shares declined about 1.7% in premarket trading following the release. The apparel retailer generated net revenue of…
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Hilton signs exclusive deal with YOTEL to expand lifestyle hotel portfolio
Hilton (NYSE:HLT) announced an exclusive franchise agreement with YOTEL that will bring the design-focused hotel brand into Hilton’s global distribution network. Under the deal, YOTEL will become the first brand to join Hilton’s newly created Select by Hilton platform. The agreement allows YOTEL to continue operating independently while connecting its portfolio of 23 hotels across…
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Signet Jewelers stock dips as FY27 guidance falls short of estimates
Signet Jewelers Limited (NYSE:SIG) reported fourth-quarter results that topped analyst expectations, but the company’s shares slipped about 2.25% after its fiscal 2027 outlook came in below Wall Street forecasts. The jewelry retailer posted adjusted earnings per share of $6.25 for the quarter ended January 31, 2026, exceeding the analyst consensus estimate of $5.93 by $0.32.…
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Titan Machinery shares slip 5% after wider-than-expected Q4 loss
Titan Machinery Inc. (NASDAQ:TITN) reported a fourth-quarter loss that came in worse than analysts anticipated, sending the company’s shares down about 5.5% even though revenue exceeded expectations. The agricultural and construction equipment dealer posted an adjusted loss of $1.43 per share for the quarter, missing the consensus forecast of a $1.00 per share loss by…
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Caleres posts mixed Q4 results, shares edge higher on revenue beat
Caleres Inc. (NYSE:CAL) reported mixed fourth-quarter results, posting an adjusted loss per share of -$0.36, in line with analyst expectations, while revenue of $695.1 million came in above the consensus estimate of $689.83 million. Shares rose about 1.3% following the release. The footwear company recorded a 8.7% year-over-year increase in fourth-quarter revenue, largely driven by…
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Darden Restaurants meets EPS estimates, revenue misses
Darden Restaurants, Inc. (NYSE:DRI) reported third-quarter results that met profit expectations but came in slightly below revenue forecasts, with shares edging up about 0.1% after the announcement. The restaurant operator posted adjusted earnings per share of $2.95 for the quarter ended February 22, matching the analyst consensus estimate. Revenue totaled $3.3 billion, missing the projected…