Carter's, a major children's clothing retailer, announced plans to close 150 stores across the US as part of a turnaround strategy to cut costs and boost profits. The closures will occur gradually as leases expire over the next few years, impacting significant markets like California, where the company operates over 100 locations. Rising product costs, partly due to tariffs, have pressured the company's profitability, leading to earlier layoffs of 300 employees. Carter's aims to shift customers to nearby stores or online shopping to maintain sales while reducing expenses.
A new study found that adults with alcohol use disorder (AUD) who started treatment with GLP-1 receptor agonists like semaglutide and tirzepatide had significantly fewer alcohol-related hospitalizations compared to those on other diabetes or obesity ...
D.R. Horton reported Q3 earnings per share of $3.20, beating estimates, and revenues of $9.23 billion, slightly above expectations. Goldman Sachs raised its price target to $190 and maintained a "Buy" rating, signaling strong growth potential. Despit...
Interactive Brokers reported a strong Q2 with diluted EPS of $0.69 and net revenues of $1.90 billion, both exceeding analyst expectations. The company saw a 34% increase in client accounts and a 40% rise in client equity, driven by higher trading act...
United Rentals is set to report its Q2 2026 earnings on July 22, with analysts forecasting an 11.5% rise in earnings per share to $11.67 and a 7.3% increase in revenue to $4.23 billion. The growth is driven by strong rental demand and efficient equip...
Paladin Energy successfully completed the ramp-up of its Langer Heinrich Mine, producing 4.82 million pounds of uranium oxide (U₃O₈) in FY2026, exceeding guidance. Sales totaled 4.35 million pounds at an average price of $70.6/lb. The Patterson Lake ...
