News

Revvity Inc. Faces Challenges with Missed Earnings and Reduced Outlook

Revvity Inc. experienced a sharp decline in stock due to missed earnings and a reduced outlook. The CEO acknowledges market challenges but highlights the compan...

Ero Copper to Acquire Majority Stake in Vale's Furnas Copper Project in Brazil

Ero Copper, a Canadian mining company, has signed an agreement to earn a majority stake in Vale's Furnas copper project in Brazil. They will complete exploratio...

Palfinger Reports Strong Nine-Month Performance

Palfinger reports a strong nine-month performance, with significant sales growth in North America and Asia Pacific. The company achieves a notable increase in n...

Lok 'n Store Group Reports Decline in Pretax Profit for Fiscal 2023

Lok 'n Store Group reports a decline in pretax profit for fiscal 2023 but remains optimistic about future prospects in the self-storage market.

S-Oil Reports Strong Third Quarter Earnings

South Korea-based oil refiner S-Oil reports a net profit of $402.2 million in Q3, surpassing expectations. Higher crude prices and strong oil demand contribute...

HealthBeacon Seeks Court Protection and Funding Agreement

HealthBeacon petitions for court protection and secures funding agreement to stabilize operations, preserve jobs, and secure a bright future.

Fortis Reports Increase in Earnings for Latest Quarter

Canadian utility company Fortis reports higher earnings and strong financial performance for the latest quarter, attributing it to cost-of-capital parameters an...

Moncler Sales Growth Slows in Q3

Moncler, the Italian fashion group, experienced slower sales growth in Q3 compared to the first half of the year. While sales rose in the Asia-Pacific region, t...

Best Buy Recalls Insignia Pressure Cookers Due to Burn Safety Hazard

Best Buy has recalled 930,000 Insignia pressure cookers due to a burn safety hazard caused by the expulsion of hot food and liquids. The affected models have in...