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Nestlé Shares Hit New Low Since 2019 After KitKat Maker Lowers Forecast
July 25, 2024 10:35 AM PDT| By Team Kalkine MediaHeadlines:,Nestlé's stock falls to its lowest level since 2019 following a reduction in financial guidance.,The company’s revised outlook reflects challenges in its business operations and market conditions.,The adjustment in guidance has,impacted,in...
Lamb Weston’s (NYSE:LW) net sales jump in FY24, while net income declines significantly
July 24, 2024 11:57 PM PDT| By Team Kalkine MediaLamb Weston (,NYSE:LW,), a leading supplier of frozen potato products, has announced its financial results for the fourth quarter and full fiscal year 2024, alongside its outlook for fiscal 2025. The company has demonstrated resilience amidst challen...
Sherwin-Williams’ (NYSE:SHW) net sales reach $6.27bn in second quarter
July 23, 2024 09:57 PM PDT| By Team Kalkine MediaThe Sherwin-Williams Company (,NYSE: SHW,) announced its financial results for the second quarter ended June 30, 2024. The company achieved consolidated net sales of $6.27 billion, reflecting a modest 0.5% increase compared to the same period last ye...
GE Aerospace (NYSE:GE) Reports Strong Second Quarter Results for 2024
July 23, 2024 09:50 PM PDT| By Team Kalkine MediaGE Aerospace (NYSE: GE) reported robust results for the second quarter ending June 30, 2024. The company achieved total orders of $11.2 billion, marking an 18% increase from the previous year. Total revenue for the quarter was $9.1 billion, reflectin...
Southwest Airlines (NYSE: LUV) and Archer Aviation (NYSE: ACHR) to Develop Electric Air Taxi Network in California
July 14, 2024 11:12 PM PDT| By Team Kalkine MediaSouthwest Airlines Co. (,NYSE: LUV,) and Archer Aviation Inc. (,NYSE: ACHR,) have entered into a memorandum of understanding (MOU) to explore the development of electric air taxi networks. This partnership aims to integrate Archer's electric vertical...
WD-40 Company (NASDAQ: WDFC) Reports Strong Financial Results for Q3 2024
July 11, 2024 05:44 PM PDT| By Team Kalkine MediaWD-40 Company (,NASDAQ: WDFC,), a global marketing organization focused on developing and selling products that address problems in workshops, factories, and homes worldwide, has announced its financial results for the third fiscal quarter ending on...
SNDL's (NASDAQ: SNDL) CAD 28 Million Bid to Strengthen Edibles Portfolio and Market Presence
July 08, 2024 12:10 AM PDT| By Team Kalkine MediaSNDL Inc. (,Nasdaq: SNDL,) has announced a significant move in the cannabis sector with its decision to acquire Indiva Limited ("Indiva") and its subsidiaries, marking a strategic step forward for both companies. The purchase agreement, entered under...
Boeing (NYSE: BA) to Acquire Spirit AeroSystems (NYSE: SPR) in $4.7 Billion Merger Deal
July 01, 2024 09:43 PM PDT| By Team Kalkine MediaSpirit AeroSystems (NYSE: SPR) and The Boeing Company (NYSE: BA) have entered into a definitive merger agreement, under which Boeing will acquire Spirit for $37.25 per share in Boeing common stock. This transaction values Spirit at approximately $4.7...
Princess Cruises Unveils Love by Britto: A Fusion of Art and Culinary Excellence
June 30, 2024 06:45 PM PDT| By Team Kalkine MediaPrincess Cruises has launched its newest dining sensation, Love by Britto, aboard the Sun Princess. This innovative restaurant is a unique collaboration between renowned artist Romero Britto and culinary maestro Rudi Sodamin. Passengers are already e...
Carnival Corporation (NYSE/LSE: CCL; NYSE: CUK) Reports Robust Q2 2024 Results and Raises Full-Year Guidance
June 25, 2024 11:30 PM PDT| By Team Kalkine MediaCarnival Corporation & plc (,NYSE/LSE: CCL,; NYSE: CUK) has announced its financial results for the second quarter of 2024, along with an updated outlook for the full year and projections for the third quarter. The company reported significant improv...
Pool Corporation (Nasdaq: POOL) Revises 2024 Earnings Guidance Amid Economic Challenges
June 25, 2024 11:27 PM PDT| By Team Kalkine MediaPool Corporation (,Nasdaq: POOL,) today released an update on the swimming pool season and revised its earnings guidance for 2024. The preliminary results for the second quarter and full year, based on initial data and analysis, may be adjusted upon...
Hertz (NASDAQ: HTZ) Announces $750 Million First Lien Note Offering to Improve Liquidity
June 23, 2024 10:24 PM PDT| By Team Kalkine MediaHertz Global Holdings, Inc. (,NASDAQ: HTZ,), a leading global rental car company, has announced that its wholly-owned subsidiary, The Hertz Corporation (Hertz Corp.), has entered into agreements to sell $750 million in aggregate principal amount of 1...
Sun Country Airlines (NASDAQ: SNCY) Extends Amazon Partnership to 2030, Expands Cargo Fleet
June 20, 2024 10:58 PM PDT| By Team Kalkine MediaSun Country Airlines (,NASDAQ: SNCY,) has announced the signing of an Amended and Restated Air Transport Services Agreement with Amazon, extending their partnership through 2030, with options to further extend the terms until 2037. This amended agree...
Xponential Fitness (NYSE: XPOF) Appoints Mark King as New CEO
June 17, 2024 10:53 PM PDT| By Team Kalkine MediaXponential Fitness, Inc. (,NYSE: XPOF,), a leading global franchisor of boutique health and wellness brands, has announced a significant leadership change. The company's Board of Directors has unanimously appointed Mark King as Chief Executive Office...
Red Robin (NASDAQ: RRGB) Shares Gain 3.65% in 1 Month, Reports Mixed Q1 Results
June 13, 2024 10:44 PM PDT| By Team Kalkine MediaRed Robin Gourmet Burgers, Inc. (,NASDAQ: RRGB,), a renowned full-service restaurant chain known for its gourmet burgers, has seen a 3.65% increase in share price over the past month. However, the company’s stock has dropped over 35% in the past year...
The J.M. Smucker (NYSE: SJM) shares positive outlook for FY25
June 06, 2024 08:14 PM PDT| By Team Kalkine MediaThe J.M. Smucker Co. (,NYSE: SJM,) today reported its financial results for the fourth quarter and fiscal year ending April 30, 2024. The results reflect the significant business activities undertaken during the year, including the divestiture of the...
Canopy Growth (Nasdaq: CGC) Establishes ATM Equity Program to Raise Up to $250 Million
June 06, 2024 08:09 PM PDT| By Team Kalkine MediaCanopy Growth Corporation (TSX: WEED) (,Nasdaq: CGC,), a global leader in cannabis production, has announced the establishment of an at-the-market equity program. This program enables Canopy Growth to issue and sell up to $250 million (or its Canadia...
Old Dominion (Nasdaq: ODFL) Freight Line Reports Strong May 2024 Operating Metrics, Achieves Revenue Growth
June 06, 2024 08:05 PM PDT| By Team Kalkine MediaOld Dominion Freight Line, Inc. (,Nasdaq: ODFL,) announced today its less-than-truckload (LTL) operating metrics for May 2024, highlighting significant growth and solidifying its position as a leader in the freight industry. The company reported a 5....
Lyft (NASDAQ: LYFT) Hosts Inaugural Investor Day, Unveils Ambitious 2027 Financial Targets
June 06, 2024 07:57 PM PDT| By Team Kalkine MediaLyft, Inc. (,NASDAQ: LYFT,), a prominent transportation network company, is hosting its first-ever Investor Day today. The event will feature presentations from CEO David Risher, CFO Erin Brewer, and other key leaders within the company. The presenta...
Howmet Aerospace (NYSE: HWM) Reports Record Revenue in Q1FY24
June 05, 2024 07:23 PM PDT| By Team Kalkine MediaHowmet Aerospace (,NYSE: HWM,) has announced its financial results for the first quarter of 2024, reporting record revenue and significant growth driven primarily by the commercial aerospace market. The company achieved a record first-quarter revenue...
