Leonardo DRS reported a 10% increase in Q2 2026 revenue to $913 million and a 59% rise in net earnings to $86 million, driven by strong demand in tactical radars, electric power, and infrared sensing. Adjusted EBITDA grew 33%, and the company raised its full-year guidance for Adjusted EBITDA and Adjusted Diluted EPS. Leonardo DRS also announced a $450 million acquisition of Raft to enhance its AI, data fusion, and mission software capabilities. The company declared a $0.09 per share dividend payable in August, supported by a record $5.1 billion funded backlog, signaling robust future growth.
Frank Patton and Kimberlee Mott, financial advisors with 45 years of combined experience managing about $150 million in assets, have joined Balmville Wealth Group through LPL Financial. They bring a focus on retirement planning and multigenerational ...
Crescent Biopharma announced its second quarter 2026 financial results, highlighting progress in clinical trials for its cancer therapies, including CR-001, a PD-1 x VEGF bispecific antibody, and ADC candidates CR-002 and CR-003. The company is enrol...
Ferrari reported Q2 2026 net revenues of €1.94 billion, up 8% year-on-year, driven by a richer product mix and increased personalization sales. Operating profit rose 10% to €605 million with a margin of 31.2%, while net profit grew 9% to €463 million...
XRP is trading around $1.07 as positive regulatory developments in Hong Kong and the EU support its outlook, including retail trading launch in Hong Kong and EU MiCA authorization. However, ongoing U.S. regulatory uncertainty due to the SEC's appeal ...
The Federal Trade Commission (FTC) is suing healthcare company Hims & Hers for allegedly sharing customers' sensitive medical data with advertisers and tech giants like Meta and Snap without consent. The FTC claims Hims & Hers used pixel trackers to ...
