Lassonde Industries reported a 49.8% profit increase to $36.7 million in Q1 2026, driven by pricing discipline and easing input costs, despite a 5% sales decline to $664 million mainly due to lower volumes and foreign exchange impacts. Operating profit rose to $52 million, supported by cost savings and portfolio strength. The company expects 2026 sales growth to reach $3 billion, balancing pricing and volume amid geopolitical uncertainties and inflation pressures. Lassonde plans continued investment, including a new New Jersey plant, while maintaining a strong balance sheet and paying a $1.25 quarterly dividend.
AngioDynamics reported an 8% revenue increase to $86.6 million in Q4, driven by a 16.7% sales rise in its Med Tech division, notably from NanoKnife and AlphaVac products. H.C. Wainwright raised the price target from $16 to $19 and maintained a Buy ra...
PNC Financial Services Group reported Q2 2026 adjusted EPS of $4.85 and record revenue of $6.88 billion, surpassing analyst expectations. The growth was driven by a 15.5% rise in net interest income and a 31.4% increase in fee income, reflecting stro...
Greenlight, a leading cannabis operator, expanded its Ohio presence by opening four new dispensaries and adding in-state manufacturing, reaching the state's maximum allowed eight dispensaries. This move strengthens Greenlight's position in Ohio's lim...
Halper Sadeh LLC is investigating whether shareholders of Element Solutions Inc (ESI), Crinetics Pharmaceuticals (CRNX), and Solstice Advanced Materials (SOLS) are receiving fair treatment in their respective sale and merger transactions. The firm hi...
Investment banks Scotiabank and Bernstein have lowered their price targets for Comcast due to increased competition from new players like SpaceX's Starlink and valuation risks. Comcast is also undergoing a major strategic shift by spinning off its NB...
