Graphic Packaging Holding Company reported a 2% increase in net sales to $2.156 billion for Q1 2026, driven by higher volumes and favorable foreign exchange, despite a 2% price decline. The company posted a net loss of $43 million, impacted by non-recurring charges and amortization, but adjusted net income was $28 million. It completed a 90-day business review leading to cost reduction initiatives including workforce cuts and capital spending cuts, aiming to improve profitability and operational efficiency. The company reaffirmed its 2026 guidance, targeting adjusted cash flow of $700 million to $800 million and capital spending around $450 million, focusing on margin expansion, free cash flow acceleration, and sustainable packaging innovation.
Basel Medical Group Ltd announced it has regained compliance with Nasdaq's minimum bid price rule after its share price stayed at or above $1.00 for 10 consecutive business days ending July 7, 2026. The company was previously notified in January 2026...
The global wax market, valued at $11.26 billion in 2025, is projected to grow to $16.65 billion by 2035 at a CAGR of 3.99%. Growth is fueled by rising demand in packaging, cosmetics, candle making, adhesives, and industrial uses, with natural waxes l...
BingX, a major crypto exchange, introduced the BingX Visa Debit Card in partnership with Wirex, allowing users to spend digital assets globally through Visa's payment network. The card supports purchases, ATM withdrawals, and automatic currency conve...
Backpack has introduced the first-ever 24/7 trading platform for real U.S. equities, allowing international investors to buy and sell stocks like SpaceX, Micron, and SanDisk around the clock. Unlike synthetic derivatives, these are actual equities wi...
Independent proxy advisory firms, including ISS, recommend Equinox Gold shareholders vote in favor of the proposed merger with Orla Mining, which aims to create a leading North American gold producer. The combined company is expected to produce 1.1 m...
