Russ Savage, founder of Rockstar Energy, has acquired a 4.7% stake in Celsius Holdings worth about $300 million and is calling for the removal of the CEO, COO, and key marketing executives. Savage criticizes the current management for poor performance after Celsius reported weaker-than-expected Q2 earnings, with earnings per share and revenue missing analyst forecasts. He has publicly offered to become CEO, citing his operational experience and belief that Celsius needs stronger leadership to regain market position. Celsius leadership attributes recent struggles to strategic product changes and integration efforts but faces pressure from Savage to improve accountability and retail presence.
Star Equity Holdings, a diversified holding company, announced it will release its financial results for the second quarter ending June 30, 2026, on August 14 before market open. A conference call to discuss the results and management's outlook is sc...
Barrick Mining Corporation announced key senior appointments: Sarah Ball Teslik as Chief Corporate Affairs Officer, Daniel Wilner as Senior Vice President of Corporate Affairs and Capital Markets, and Emily Chieng as Vice President of Investor Relati...
Truist Financial raised its price target for RXO to $28, signaling a 30% potential gain after the company reported strong Q2 results. RXO posted $1.77 billion in revenue, a 25% increase year-over-year, surpassing analyst estimates by nearly 15%. Earn...
Under Armour reported Q1 earnings with an EPS of $0.05, beating analyst estimates of $0.02 by 150%. However, revenue fell 3% year-over-year to $1.1 billion, slightly below expectations, mainly due to a 9% decline in North American sales. Internationa...
National Energy Services Reunited Corp. (NESR) is set to release its Q2 2026 earnings on August 10, with analysts expecting earnings per share of $0.35 and revenue of $448.54 million. The company recently secured $300 million in new five-year contrac...
