Encompass Health reported a 9% revenue increase and 11.2% growth in adjusted EBITDA for Q1 2026, driven by expanded inpatient rehabilitation capacity. The company opened a new 49-bed hospital and added 44 beds to existing facilities during the quarter. It raised its full-year 2026 guidance for net operating revenue, adjusted EBITDA, and adjusted earnings per share, reflecting confidence in long-term growth. Encompass Health plans to open eight new hospitals and add approximately 175 beds this year, signaling continued expansion in the rehabilitation healthcare sector.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...
Revolut has received preliminary approval from Dubai's Virtual Assets Regulatory Authority to offer cryptocurrency services in the UAE, including broker-dealer, asset management, and exchange functions. This approval allows UAE customers to trade and...
Rotork PLC has accepted a £4.1 billion takeover bid from Swiss engineering group ABB, offering shareholders 506p per share, a 73% premium over the previous closing price. The acquisition will enhance ABB's industrial automation business by adding Rot...
Alexandria Real Estate Equities (ARE) is struggling with oversupply and vacancy rates exceeding 30% in key life science markets like Boston, San Francisco, and San Diego. This has caused an 80% decline in its stock price from its peak. The company's ...
