Wizz Air reported a near collapse in annual profit to €1.3 million from €213.9 million due to aircraft groundings, higher costs, and Middle East disruptions, despite flying a record 69.7 million passengers and growing revenue 8% to €5.69 billion. The airline faced engine inspections grounding 30 aircraft and route suspensions in the Middle East, impacting earnings by about €50 million. CEO József Váradi shifted focus to Central and Eastern Europe, increasing market share to 25.3%. While capacity is expected to grow 15-20% in early 2026, uncertainty from Middle East conflicts limits full-year guidance, with expected margin pressure in the first half.
Greenlight, a leading cannabis operator, expanded its Ohio presence by opening four new dispensaries and adding in-state manufacturing, reaching the state's maximum allowed eight dispensaries. This move strengthens Greenlight's position in Ohio's lim...
Halper Sadeh LLC is investigating whether shareholders of Element Solutions Inc (ESI), Crinetics Pharmaceuticals (CRNX), and Solstice Advanced Materials (SOLS) are receiving fair treatment in their respective sale and merger transactions. The firm hi...
Investment banks Scotiabank and Bernstein have lowered their price targets for Comcast due to increased competition from new players like SpaceX's Starlink and valuation risks. Comcast is also undergoing a major strategic shift by spinning off its NB...
Elevance Health reported strong Q2 2026 results with earnings per share of $7.45, surpassing analyst estimates of around $6.20. Revenue also exceeded expectations at $49.83 billion, marking consistent quarterly outperformance. The company raised its ...
Lotto.com has appointed Ruxandra Tereanu as Chief Operating Officer and Amanda Coyle as Vice President of Human Resources to strengthen its leadership team amid ongoing expansion in the US digital lottery market. Tereanu brings 13 years of experience...
