The Children’s Place reported a net loss of $44.6 million in Q4 2025 and $88.3 million for the full fiscal year, driven by a 19.4% sales drop in Q4 and ongoing ecommerce struggles. The company faced lower traffic and conversion rates online, higher tariffs, and inventory issues, leading to margin compression and increased marketing costs. It has migrated to Salesforce Customer Cloud to improve ecommerce performance and is focusing on cost reduction, margin expansion, and cash flow generation. Despite recent losses, the company strengthened liquidity and plans strategic investments for the upcoming back-to-school season to drive recovery.
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...
Thor Explorations produced 19,153 ounces of gold in Q2 2026 from its Segilola mine in Nigeria, maintaining its full-year production guidance of 75,000 to 85,000 ounces. The company generated $77.3 million in revenue by selling 17,050 ounces at an ave...
Angelini Pharma has finalized its $4.1 billion acquisition of Catalyst Pharmaceuticals, enhancing its footprint in the U.S. market and strengthening its global leadership in brain health and rare diseases. The deal includes significant investments fr...
Zcash (ZEC) has gained over 16% in the past week, rallying from lows near $368 to around $552 following an 11% jump in one session. This surge is driven by anticipation of the Ironwood shielded pool upgrade expected around July 28, which addresses a ...
Greenwich LifeSciences is developing GLSI-100, an immunotherapy targeting HER2-positive breast cancer, currently in Phase 3 trials. The drug showed a 70-80% reduction in cancer recurrence in Phase 2b, outperforming existing treatments with no serious...
