Deutsche Bank has increased its earnings forecasts for Victrex PLC following the company's upgraded profit guidance for 2026. Despite the improved outlook and a raised price target from 600p to 830p, the bank maintained a 'hold' rating as the target remains 17% below the current share price of 1,001.50p. Victrex expects underlying pre-tax profits between £45 million and £47 million for 2026, up from previous estimates, driven by strong growth in aerospace, electronics, and Asia Pacific markets. The company is also benefiting from a £10 million cost-saving program, with positive momentum expected to continue into 2027.
Macy's reported Q1 earnings per share of $0.40, exceeding the $0.37 estimate, with revenue of $4.87 billion beating expectations. Growth was driven by strong sales in Bloomingdale's, Bluemercury, and Macy's stores. The company raised its full-year ne...
Arete Research downgraded Uber's stock from Buy to Neutral with a $74 price target, citing an expected 64.95% drop in earnings per share to $1.09 despite 9.6% revenue growth to $14.76 billion. Uber faces new competition from Tesla's Cybercab, which o...
Wealthfront Corporation reported better-than-expected Q2 2026 earnings with $0.10 EPS versus $0.08 estimated and revenue of $91.87 million surpassing $91.53 million estimates. The company’s total platform assets grew 12% year-over-year to $99 billion...
Kristin Ess Hair, a popular haircare brand under Maesa, has launched its products on REVOLVE, a leading fashion retailer targeting Gen Z and Millennials. The collection includes over 30 items such as the viral Signature Hair Gloss and The One Shampoo...
ADARx Pharmaceuticals is pursuing an IPO to raise capital for its RNA-targeted therapy pipeline, focusing on serious liver and non-liver diseases. Its lead drug, Onvuzosiran, is in Phase 3 trials for hereditary angioedema, with key data expected by t...
