RBC Capital Markets has kept an 'Outperform' rating on Diageo PLC, supporting CEO Sir Dave Lewis's turnaround strategy unveiled in August 2026. The plan focuses on cost savings and organizational changes to boost pricing, revenue management, and ready-to-drink products without a major margin reset. RBC forecasts a 230 basis point EBIT margin increase by 2029 and expects organic sales growth to recover gradually through 2029. The broker highlights improving return on invested capital as key to Diageo's share price, projecting an 18% upside to a £20 price target from the current 1,719p price.
Lexaria Bioscience Corp. received a USD$2.6 million (AUD$3.67 million) cash rebate from the Australian Tax Office for its 2025 human study conducted in Australia. This rebate, part of the Australian R&D Tax Incentive Program, was awarded after verify...
Citizens Financial Group (CFG) reported robust second-quarter 2026 results, including 14% growth in net interest income and 35% growth in net income. The bank is on track to meet its 16-18% target for return on tangible common equity (ROTCE), achievi...
Victory Square Technologies reported a 421% year-over-year revenue increase to $28 million in Q2 2026, mainly due to the strong performance of its subsidiary Hydreight Technologies in U.S. healthcare infrastructure. Net income rose to $2.5 million fr...
Blue Owl Capital Corp. is rated a 'Strong Buy' due to its diversified $15 billion portfolio, which is mostly senior-secured and shows strong credit quality with low risk and conservative leverage. Its adjusted net investment income per share of $0.34...
374Water Inc will present its AirSCWO supercritical water oxidation technology at WEFTEC 2026 in New Orleans from September 28-30. This technology permanently destroys PFAS, biosolids, and other organic wastes by reducing waste volume and recovering ...
