Stoneridge, Inc. posted a 9.2% sales increase in Q1 2026 to $160.8 million, driven by strong performance in its MirrorEye and electronic controls segments. Despite an operating loss, adjusted operating loss improved, supported by cost controls and tariff recoveries. The company updated its full-year revenue guidance to $645-$670 million, a $20 million increase, reflecting contract manufacturing revenue from the sale of Control Devices. Stoneridge also secured over $135 million in new program awards, signaling continued growth potential in commercial vehicle markets.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Rotork PLC has accepted a £4.1 billion takeover bid from Swiss engineering group ABB, offering shareholders 506p per share, a 73% premium over the previous closing price. The acquisition will enhance ABB's industrial automation business by adding Rot...
Alexandria Real Estate Equities (ARE) is struggling with oversupply and vacancy rates exceeding 30% in key life science markets like Boston, San Francisco, and San Diego. This has caused an 80% decline in its stock price from its peak. The company's ...
ASML Holdings has raised its 2026 revenue guidance midpoint from €38 billion to €44 billion and increased its gross margin midpoint from 52% to 55%, reflecting strong growth prospects. The analyst maintains a Buy rating and raises the price target fr...
Labcorp is considered a buy due to its effective rollup strategy in a fragmented lab testing industry, driving steady and predictable growth. Automation is reducing operational costs, helping to counteract healthcare pricing pressures. The company no...
