GB Group PLC's shares fell over 23% after the company lowered its full-year revenue growth guidance to 1%-3% for the year ending March 2027, down from a previous mid-single-digit expectation. The downgrade was driven by higher-than-expected customer attrition in its Americas Identity division, where growth stalled in the second quarter despite a strong sales pipeline. Adjusted operating profit margin guidance was also tightened to around 21%. Despite the weaker outlook, GBG will continue investing £6 million in its AI-powered identity platform, GBG Go, to drive innovation.
Bob Iger, former CEO of The Walt Disney Company, is being inducted as a Disney Legend for his transformative impact on the company. Starting his career at ABC in 1974, Iger rose through the ranks and led Disney through major acquisitions including Pi...
Bitcoin fell to its lowest level since August 3, dropping below $63,000, as spot bitcoin ETFs experienced $192 million in consecutive outflows for the first time since late July. Despite U.S. stocks rising on cooler producer price inflation data, cry...
Lowe's Companies has seen its stock price fall 24% due to macroeconomic challenges and downward earnings revisions, despite stable business quality and confident management. The stock trades below its five-year average forward earnings multiple, refl...
Unigold Inc. announced an updated mineral resource estimate for its Candelones Project in the Dominican Republic, reporting Measured and Indicated resources of 69.1 million tonnes averaging 1.03 g/t gold, containing 2.29 million ounces of gold, plus ...
Acurx Pharmaceuticals announced its Q2 2026 financial results, reporting a net loss of $2.3 million and ending the quarter with $10.7 million in cash. The company progressed its lead antibiotic candidate, ibezapolstat, preparing for Phase 3 trials ta...
