Boyd Group Services Inc. announced that the Toronto Stock Exchange approved its plan to repurchase up to 10% of its public shares through a Normal Course Issuer Bid starting September 16, 2026, until September 15, 2027. The company believes its stock price does not fully reflect its growth and cash-generating potential, so this buyback aims to support shareholder value while continuing strategic acquisitions. Purchases will be made on open markets including the TSX and NYSE, with a maximum daily buy limit based on trading volume. This move provides Boyd with flexible capital allocation options amid its ongoing business operations and growth plans.
New Fortress Energy will execute a 1-for-50 reverse stock split on September 14, 2026, to increase its share price and comply with Nasdaq's minimum $1.00 bid price requirement. Currently trading at $0.33, the company aims to avoid delisting by consol...
Morgan Stanley lowered Avis Budget Group's price target from $99 to $95 as the company faces a class-action lawsuit accusing major investor Pentwater Capital Management of manipulating its stock price. The lawsuit claims Pentwater artificially inflat...
Deutsche Bank has reiterated a Buy rating for The Estée Lauder Companies, signaling confidence in the stock despite industry challenges like cautious consumer spending and supply-chain risks. Estée Lauder's focus on innovation, brand building, and di...
The Chief Operating Officer of Gen Digital sold 28,248 shares recently. This insider sale could indicate a personal financial decision or a strategic move, which investors might watch closely for signals about the company's outlook. While such sales ...
Needham analyst Mike Cikos raised the price target for ServiceNow to $155, citing the company's AI products surpassing $1 billion in annual contract value (ACV) and a ninefold increase in customers using its agentic AI products. ServiceNow aims to ex...
