BellRing Brands reported a 2% increase in net sales to $598.7 million for Q2 fiscal 2026 but saw a decline in operating profit to $66 million, impacted by an $11 million inventory-related charge and higher costs from inflation and freight. Despite volume growth in its Premier Protein brand, margins were pressured by promotional activity and unfavorable sales mix. The company updated its full-year 2026 outlook with net sales expected between $2.325 billion and $2.365 billion and adjusted EBITDA between $315 million and $335 million, reflecting ongoing market challenges and continued investment in advertising. BellRing is also progressing with its CEO transition and continues share repurchases.
BlackRock, Inc. has reported that its direct and indirect ownership in Orion Oyj has dropped below the 5% threshold as of June 15, 2026. This change requires a formal disclosure under Finnish securities law. The reduction in BlackRock's stake may aff...
On June 15, 2026, BlackRock, Inc. and its funds reduced their total holdings in Orion Corporation to below 5% of the company's shares and voting rights. This change was disclosed under the Finnish Securities Market Act, indicating a decrease from a p...
US stock futures showed mixed results with the S&P 500 slightly down while the Dow Jones and Nasdaq 100 edged higher following a recent rally. The market reacted to a preliminary US-Iran agreement aimed at extending a ceasefire and reopening the Stra...
MindWalk Holdings Corp. emphasizes the importance of a connected, trustworthy biological data layer over AI model size in drug discovery. The company launched ReefIQ™, a biological context layer, and LensAI™, a reasoning platform, aiming to reduce co...
Space Exploration Technologies Corp. (SpaceX) saw its shares surge over 11% in premarket trading, pushing its market capitalization close to $3 trillion, surpassing Amazon to become the fifth-largest company globally. This rapid valuation increase ha...
