Middleby Corporation is undergoing a major restructuring, including an $885 million sale of its Residential Kitchen business and a planned Food Processing spin-off in Q2 2026. Despite these moves and record Q4 orders in Food Processing, shares have fallen 15.53% over the past month, reflecting market concerns about slow growth in its Commercial Foodservice segment and tariff-related headwinds. Analysts remain optimistic, raising price targets based on improved margins and focused business units, while management continues share buybacks signaling confidence. Investors await more clarity at the May 12 Investor Day.
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Wendy's is running a $1 promotion on small Classic Chocolate or Vanilla Frosty from July 20 to August 23, with early access for Wendy's Rewards members on July 19 in celebration of National Ice Cream Day. The offer is redeemable via the Wendy's app a...
Dyadic International has expanded its bio-industrial pipeline with a new proprietary enzyme program focused on advanced cellulose processing, building on the success of its EN3ZYME™ product. This initiative leverages Dyadic's Dapibus™ platform to str...
Forum Markets has acquired a commercial aircraft engine for about $12 million, increasing its aviation portfolio to four engines leased to major U.S. airlines. The engine, a widely used CFM56-7B model, is already generating revenue under a long-term ...
The award-winning faith-based film 'Our Crossroads,' based on a true story of a young couple caring for orphaned siblings in 1969 Ohio, premiered exclusively on the Angel streaming platform on July 16, 2026. The film, which won Best Faith/Family Feat...
