Crown Holdings has started construction on its first beverage can manufacturing facility in Unnao, Uttar Pradesh, India, marking a significant expansion into a fast-growing market. The new plant will have two production lines with an annual capacity of about 2.2 billion aluminum cans and is expected to begin operations in the second half of 2027. This investment highlights Crown's confidence in the Indian beverage market and its commitment to sustainable packaging solutions. The company also secured official land allotment and continues to plan capital expenditures of around $550 million for the year.
New Jersey American Water received approval for rate increases that will add $68 million annually to its revenue. This funding supports over $1.4 billion in critical infrastructure upgrades, including replacing aging water mains and improving treatme...
MoneyHero Limited reported Q3 2026 earnings with an EPS of -$0.03 and revenue of $15.75 million, missing analyst estimates. The company is shifting strategy to offer more cash rewards to attract users, which has lowered immediate revenue and resulted...
Hooker Furnishings reported Q2 fiscal 2027 earnings of $0.11 per share from continuing operations, beating analyst expectations of a $0.02 loss per share, while total diluted EPS including discontinued operations was $0.15. However, quarterly net sal...
Salesforce received a Buy rating and $275 price target from Stifel Nicolaus, reflecting a potential 10.88% upside from its current price of $248. The upgrade follows strong Q2 results and growing confidence in Salesforce's AI initiatives, including i...
Coffee Holding Co. reported a strong third-quarter earnings per share of $0.35, far surpassing analyst expectations, signaling robust profitability. However, revenue declined to $21.69 million, missing estimates due to falling green coffee prices and...
