Category: Include on Menu
-
Altimmune Shares Slide After $75 Million Registered Direct Offering
Altimmune Inc. (NASDAQ:ALT) shares dropped 6.2% in premarket trading on Wednesday after the biopharmaceutical company unveiled plans for a $75 million registered direct equity offering. The late-stage clinical developer said it will issue 17,045,454 shares of common stock, or pre-funded warrants in place of shares, to a new institutional investor. The transaction is expected to…
-
Itron Shares Climb as Company Expands AI Partnership With Microsoft
Itron, Inc. (NASDAQ:ITRI) shares rose about 5% after the company said it is strengthening its strategic collaboration with Microsoft, deepening its focus on artificial intelligence solutions for utility providers. The energy and water management specialist announced the launch of the Itron Intelligent Edge Operating System (IEOS) Connector for Microsoft 365 Copilot. The new tool will…
-
Progressive Posts Strong Q4 Profit as Premium Growth Drives Results
Progressive Corp (NYSE:PGR) reported a sharp increase in profit for the December quarter, supported by solid premium growth and improved underwriting performance as demand for auto insurance remained strong. The insurer said net income for the quarter climbed to $2.95 billion, with earnings per share reaching $5.02. Shares were slightly higher ahead of the U.S.…
-
Ondas Shares Gain After American Robotics Drone Clears Federal Procurement Hurdle
Ondas Holdings Inc. (NASDAQ:ONDS) shares rose around 2% on Wednesday after the company said its American Robotics Optimus drone has been cleared for streamlined federal purchasing following its addition to the Defense Contract Management Agency (DCMA) Blue UAS Cleared List. The inclusion confirms that the Optimus platform meets U.S. government requirements around cybersecurity, supply-chain security…
-
AeroVironment Shares Edge Higher After $75 Million U.S. Air Force Award
AeroVironment (NASDAQ:AVAV) shares gained about 2% on Wednesday after the company said its UES division had won a $75 million task order from the U.S. Air Force to support work on advanced biotechnology and smart materials. The five-year award falls under the Functional Responsive Experimentation for Systems and Humans (FRESH) program and is aimed at…
-
Sleep Number Shares Climb as Travis Kelce Joins as Investor and Brand Partner
Shares of Sleep Number (NASDAQ:SNBR) rose about 4% on Wednesday after the mattress maker announced a new partnership that includes an equity investment from NFL star Travis Kelce. Under the agreement, the Kansas City Chiefs tight end will become one of Sleep Number’s largest shareholders, holding a stake of less than 5%, according to a…
-
Wix Shares Jump After Board Approves $2 Billion Buyback Plan
Shares of Wix.com Ltd (NASDAQ:WIX) jumped about 9% on Wednesday after the company unveiled a sizable $2 billion share repurchase program approved by its board. The authorization covers a two-year period spanning fiscal 2026 and 2027 and gives Wix flexibility to buy back ordinary shares and/or convertible notes. Repurchases may be carried out through a…
-
Starbucks Delivers Strong Comparable Sales Growth on U.S. Momentum
Starbucks (NASDAQ:SBUX) reported fiscal first-quarter comparable store sales growth that significantly exceeded market expectations, offering a lift to chief executive Brian Niccol’s efforts to revive performance at the U.S. coffee chain. Since taking over, Niccol has outlined a turnaround plan centered on streamlining the menu, improving service speed and enhancing the in-store experience, following several…
-
Birkenstock Aims for €1 Billion in Added Revenue Despite Tariff Headwinds
Birkenstock (NYSE:BIRK) said it is targeting €1 billion in additional revenue over the next three years, outlining an ambitious growth plan even as the footwear group navigates near-term pressure from U.S. tariffs. Speaking during an investor presentation on Wednesday, the German sandal maker—founded in 1774—said it is aiming for constant-currency revenue growth of between 13%…
-
Corning Tops Q4 Forecasts, but Shares Slide in Early Trading
Corning Incorporated (NYSE:GLW) reported fourth-quarter 2025 results that came in ahead of market expectations on Wednesday, although its shares fell 3.6% in premarket trading. The specialty glass and ceramics group delivered adjusted earnings of $0.72 per share, beating the consensus estimate of $0.70. Revenue totaled $4.41 billion, also above forecasts of $4.36 billion, marking a…