IM Cannabis Corp. has agreed to sell all shares of IMC Holdings to Slil.com Holding Ltd., aiming to improve shareholders' equity by approximately CAD$3 million. The transaction includes a pre-closing reorganization to retain Israeli operations within IM Cannabis while transferring other subsidiaries to IMC Holdings. This deal is expected to reduce liabilities, improve working capital, and streamline the company's structure. Closing is anticipated by September 30, 2026, allowing IM Cannabis to focus on its core Israeli medical cannabis business and explore further opportunities.
J.Jill reported strong Q2 earnings, beating estimates with $1.24 EPS and $154.83M revenue, driven by sales growth and direct sales increase. Following this, BTIG raised its price target to $25, suggesting a 15.74% upside. The company also raised its ...
BMO Capital Markets initiated coverage of Lululemon Athletica with an Underperform rating and a $70 price target, citing weakening demand in key markets and margin pressures. This follows a 4% revenue decline in Q2 and a reduced full-year forecast. M...
Core & Main reported strong Q2 earnings with EPS of $0.94, surpassing the $0.92 analyst estimate and showing an 8% increase year-over-year. Revenue reached $2.15 billion, slightly above the $2.14 billion expected, supported by robust municipal infras...
Korn Ferry reported strong Q1 results with earnings per share of $1.43 and revenue of $756.5 million, both exceeding analyst expectations and marking continued growth. Despite this, the stock fell due to conservative guidance for the next quarter, wh...
The Ethereum Foundation has opened applications for its Supporters Program ahead of Devcon 8, taking place November 3-6, 2026, in Mumbai, India. This program invites Ethereum projects to participate based on alignment with core values like censorship...
