Latham Group, a leading residential pool manufacturer, announced Q1 2026 results with net sales rising 5.3% to $117.3 million driven by growth in covers, liners, and the Freedom Pools acquisition. Adjusted EBITDA increased 9.2% to $12.2 million, reflecting strong operating leverage despite a net loss of $8.5 million due to higher investments and integration costs. The company saw double-digit fiberglass pool sales growth in Florida and reaffirmed its full-year guidance for 9.0% net sales growth and 12.7% adjusted EBITDA growth. Latham is expanding its market presence with new initiatives and increased marketing to capture consumer demand in key regions.
Autonomize, a healthcare AI platform, has strengthened its leadership by appointing three industry veterans to its Advisory Board and hiring Mike Longacre as Head of Transformation. These moves aim to help healthcare organizations move beyond AI pilo...
Fairfax Financial Holdings has finalized its acquisition of Kennedy-Wilson Holdings at $10.90 per share in cash, led by a consortium including Kennedy Wilson's CEO William McMorrow and affiliates of Fairfax. The Kennedy Wilson management team retains...
Aya Gold & Silver Inc., a Canadian precious metals mining company operating in Morocco, will be added to the VanEck Gold Miners ETF (GDX) effective June 19, 2026. This inclusion marks a significant milestone reflecting the company's growth in product...
Nephros, Inc. emphasizes its ultrafiltration technology's ability to capture microplastics and nanoplastics in water, following the U.S. EPA's April 2026 decision to list microplastics as a priority contaminant under the Safe Drinking Water Act. The ...
After the US and Iran reached a deal expected to reopen the Strait of Hormuz, the world's largest tanker owner, Mitsui OSK Lines, cautions that shipping companies will wait for proof the agreement works before resuming normal traffic. The strait is c...
