Ardagh Metal Packaging reported a 15% increase in adjusted EBITDA to $179 million for Q1 2026, driven by strong performance in Europe despite a 1% decline in global beverage can shipments. Revenue rose 19% to $1.5 billion, reflecting higher input cost pass-through and volume gains, especially in Brazil. The Americas faced supply chain disruptions and higher costs, impacting EBITDA slightly. The company reaffirmed its full-year adjusted EBITDA guidance of $750–775 million and expects moderate shipment growth, supported by cost recovery mechanisms and energy hedging. A $175 million legal award against Boston Beer also bolstered the quarter's results.
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...
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 ...
ASML Holdings has raised its 2026 revenue guidance midpoint from €38 billion to €44 billion and increased its gross margin midpoint from 52% to 55%, reflecting strong growth prospects. The analyst maintains a Buy rating and raises the price target fr...
Labcorp is considered a buy due to its effective rollup strategy in a fragmented lab testing industry, driving steady and predictable growth. Automation is reducing operational costs, helping to counteract healthcare pricing pressures. The company no...
