Americold Realty Trust announced it will wind down operations at its automated retail distribution center in Lancaster, PA, and will not start operations at a planned fulfillment center in Plainville, CT. This decision follows an agreement with ADUSA Distribution, a subsidiary of Ahold Delhaize USA. As a result, Americold expects to record a non-cash impairment charge between $305 million and $320 million in Q2 2026. Following this news, Americold's stock price dropped 7.84% to $14.10 per share on July 23, 2026. Pomerantz LLP is investigating whether Americold and its officers engaged in securities fraud or other unlawful practices related to this matter.
ARN Media reported stabilization of its core radio business and plans to achieve $55 million in cost savings by the end of 2027. Despite strong audience performance, its metro radio revenue share remains below expectations due to brand safety issues ...
Pizza Hut is temporarily dropping "Pizza" from its name and will be known as "Hut" for 25 weeks during the 2026 NFL season as part of a football-themed marketing campaign. This rebranding coincides with Yum! Brands' ongoing sale of Pizza Hut, which i...
Advance Auto Parts saw its price target cut from $62 to $43 by Truist after reporting Q2 2026 results with a 0.5% sales decline and weaker-than-expected DIY segment sales. Although adjusted EPS beat estimates at $1.03, this was boosted by a $0.31 tar...
BMO Capital initiated an "Outperform" rating on D-Wave Quantum despite flat Q2 revenues and widening losses, signaling confidence in the company's growth potential. The firm's first-half bookings surged 1,120%, showing strong but volatile demand in q...
South Korea's largest crypto exchange, Upbit, will list eight new trading pairs involving four tokens: Biconomy (BICO), Bubblemaps (BMT), Nillion (NIL), and ETHGas (GWEI). Starting August 21, these tokens will be tradable against Bitcoin and Tether, ...
