IDT Corporation posted a 5% revenue increase to $315.7 million and a 13% rise in adjusted EBITDA to $37.5 million for Q3 fiscal 2026, driven by strong performances in its fintech and communications segments. The company saw significant income growth in its NRS, Fintech, and net2phone units, with ongoing expansion supported by AI integration and recent acquisitions. IDT raised its full-year adjusted EBITDA forecast to $150-$152 million, signaling confidence in continued growth and operational leverage. A quarterly dividend of $0.07 per share was also declared, reflecting solid financial health and shareholder returns.
Barclays increased its price target for Hudbay Minerals to $32 from $30, citing strong growth prospects in copper mining. Despite a recent nearly 30% stock pullback due to market sentiment, Hudbay maintains a solid financial position with near-zero n...
Morgan Stanley reported strong Q2 2026 results, with earnings per share of $3.46 surpassing estimates of $2.89 and revenue of $21.35 billion beating forecasts of $19.67 billion. This marks significant year-over-year growth from $16.79 billion, driven...
The global autoimmune disease therapeutics market is projected to grow from $80.54 billion in 2025 to $137.85 billion by 2035, at a CAGR of 5.52%. Growth is fueled by rising autoimmune disease prevalence, advances in biologics, JAK inhibitors, monocl...
The Vancouver Chinatown Foundation and RBC are hosting Light Up Chinatown! 2026, a free two-day festival on August 8-9 along Columbia Street in Vancouver’s Chinatown. The event features exclusive food collaborations, live music performances, family a...
New research from iSeatz reveals that U.S. travelers are increasingly strategic about travel rewards programs, with 40% treating them as financial optimization tools and 60% belonging to multiple programs. Despite high enrollment, many travelers find...
