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Cooper Companies faces securities fraud probe after cutting 2026 revenue and earnings forecasts.

Market News
17 Sep 2026
PRNewsWire
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Bearish
Cooper Companies faces securities fraud probe after cutting 2026 revenue and earnings forecasts.

Pomerantz LLP is investigating The Cooper Companies over possible securities fraud following the company's announcement of flat Q3 2026 revenue and lowered full-year guidance. Cooper reported $717 million in revenue for Q3, impacted by reduced U.S. channel inventory, which also led to a 1.4% cut in revenue guidance and a 1.8% cut in earnings per share forecast. The stock price dropped nearly 15% after the announcement. The investigation will determine if Cooper and its executives engaged in unlawful business practices related to these disclosures.

The Cooper Companies' recent revenue and guidance update provides context for health sector activity on Pluang. For readers following health stocks, here is Pluang's market snapshot as of Sep 17, 2026 21:11 WIB: Among 91 priced health-sector US stocks, 59 rose and 31 fell today. Moderna (MRNA) gained 10.28% to USD 160.59 with a typical hold time of 60 days and a buy order activity of 67%. BioNano Genomics (BNGO) rose 9.27% to USD 1.65 despite 77% sell orders, while Novavax (NVAX) increased 8.77% to USD 10.17 with 100% buy orders and a 59-day typical hold time.

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Senteon wins Best Patch and Configuration Management award at 2026 Top InfoSec Innovator Awards

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RENK sells slide bearings business to Miba, focusing on defense sector growth.

RENK sells slide bearings business to Miba, focusing on defense sector growth.

RENK Group AG has sold its slide bearings business to Austrian company Miba AG to sharpen its focus on the defense sector, aiming to increase defense-related revenue to 90% by 2030. The sale does not affect RENK's Marine & Industry civilian business,...

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RENK sells its slide bearings business to Miba to focus on defense sector growth

RENK sells its slide bearings business to Miba to focus on defense sector growth

RENK Group AG is selling its slide bearings business to Austrian company Miba AG as part of a strategic shift to focus more on its defense sector. The sale supports RENK's plan to increase defense-related revenue to about 90% by 2030, while the civil...

Company Fundamentals
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RENK sells Slide Bearings business to Miba AG, focusing more on defense sector.

RENK sells Slide Bearings business to Miba AG, focusing more on defense sector.

RENK Group AG, through its subsidiary RENK GmbH, has signed a binding agreement to sell its Slide Bearings business to Austria's Miba AG. The Slide Bearings segment produces standardized bearings used mainly in industrial and civil markets. This sale...

Company Fundamentals
Neutral
1 hour ago
RENK sells its Slide Bearings business to Miba AG, focusing more on defense sector.

RENK sells its Slide Bearings business to Miba AG, focusing more on defense sector.

RENK Group AG, through its subsidiary RENK GmbH, has signed a binding agreement to sell its Slide Bearings business to Austria's Miba AG. This unit produces slide bearings mainly used in industrial and civilian markets. The sale aligns with RENK's 20...

Company Fundamentals
Neutral
1 hour ago
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