ADVFN US – Market Content Editor
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Yum! Brands Launches Strategic Review of Pizza Hut as Q3 Earnings Surpass Expectations
Yum! Brands, Inc. (NYSE:YUM) announced on Tuesday that it has begun a formal strategic review of its Pizza Hut division, even as the company reported third-quarter results that beat Wall Street expectations. The global restaurant operator — which owns KFC, Taco Bell, Pizza Hut, and Habit Burger Grill — posted adjusted earnings per share of…
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Marriott Tops Q3 Earnings Forecasts as International Markets Drive RevPAR Growth
Marriott International (NASDAQ:MAR) reported third-quarter earnings that exceeded expectations on Tuesday, as strong international performance offset slight softness in North America. The company’s adjusted earnings per share came in at $2.47, beating analyst forecasts by $0.10. Shares of Marriott were up 0.51% in premarket trading following the release. The hotel operator posted revenue of $6.49…
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Evoke Pharma Shares Skyrocket 134% After QOL Medical Announces Acquisition Deal
Evoke Pharma (NASDAQ:EVOK) shares surged 134% on Tuesday after the company revealed it had signed a definitive agreement to be acquired by QOL Medical, a privately held biopharmaceutical company focused on gastrointestinal and rare diseases. Under the terms of the deal, QOL Medical will acquire Evoke for $11.00 per share in cash, representing a 139.7%…
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Capri Holdings Shares Jump 5% After Beating Revenue Expectations
Capri Holdings Limited (NYSE:CPRI) — the global luxury fashion house behind Michael Kors, Jimmy Choo, and Versace — reported second-quarter fiscal 2026 results that surpassed Wall Street’s revenue expectations, signaling early signs of business stabilization. The company’s shares rose nearly 5% in premarket trading Tuesday following the announcement. Capri posted revenue of $856 million, topping…
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Vital Farms Shares Jump Over 8% on Record Revenue and Upgraded Outlook
Vital Farms (NASDAQ:VITL) surged more than 8.8% in premarket trading Tuesday after the company delivered record third-quarter results that topped expectations and prompted management to raise its full-year forecast, fueled by strong volume growth and operational efficiencies. The ethically sourced food producer reported adjusted earnings of $0.36 per share, well above analysts’ expectations of $0.29,…
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Wingstop Shares Slide After Revenue Miss and Lowered Outlook
Wingstop Inc. (NASDAQ:WING) shares dropped nearly 8% on Tuesday after the restaurant chain reported third-quarter revenue below Wall Street expectations and trimmed its full-year sales outlook, even as profits came in stronger than anticipated. The company posted adjusted earnings of $1.09 per share, beating analysts’ estimates of $0.93, but revenue of $175.5 million fell short…
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Unfiltered: Almonty CEO on Supply Warfare, US Assets, and China Pressure
Watch Lyndsay Malchuk on Market Frontlines for an exclusive, no-nonsense interview with Lewis Black, CEO of Almonty Industries. Discover how Almonty is challenging China’s dominance in the tungsten market by acquiring strategic US assets and preparing to launch one of the world’s highest-grade mines. This article is being disseminated on behalf of Almonty Industries Inc.…
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Dow Jones, S&P, Nasdaq, Futures, Palantir Slide Set to Pressure Wall Street as Caution Builds
U.S. stock futures pointed to a sharply lower open on Tuesday, signaling a pullback after a mixed start to the week as traders reacted to disappointing data, cautious remarks from Federal Reserve officials, and a steep selloff in one of the market’s most-watched tech names. Palantir Technologies (NASDAQ:PLTR) led premarket declines, plunging 8.2% despite delivering…
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SPAC News From The Last Seven Days
The Last Week’s Deals Cantor Equity Partners II, Inc. (NASDAQ:CEPT) has announced it is to acquire Securitize, a platform for tokenizing real-world assets. The deal reflects an enterprise value of $1.4bn. It includes a $225mm PIPE from investors including Arche, Borderless Capital, and Hanwha Investment & Securities. The expected close date for the transaction is in H1…
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Strategy launches STRE preferred shares to fund new Bitcoin purchases
Less than a week after releasing its quarterly results, Strategy (NASDAQ:MSTR) launched Stream (STRE), a perpetual preferred stock denominated in euros. Each share will be issued at €100 (US$115), with an annual dividend of 10%, paid quarterly, aimed at institutional investors in the European Economic Area. STRE will be listed on Euro MTF Luxembourg and cleared by Euroclear and…