Woodward reported a strong third quarter with net sales up 21.2% and adjusted earnings per share rising 43.2%, driven by growth in commercial aerospace and industrial power generation. Gross margins expanded to 31.5% due to higher volume and pricing. The company raised its full-year 2026 EPS guidance to $9.30-$9.50 and expects continued margin improvements, although some Q3 margin gains were from one-time benefits. Free cash flow growth is slower due to increased capital expenditures, but capital returns remain strong with manageable leverage, supporting ongoing shareholder distributions. The stock retains a Buy rating with a 28% upside to a $457 price target.
Mowi ASA reported that Øyvind Oaland, a primary insider, had 6,002 shares sold mistakenly at NOK 204.40 due to an error linked to closing his securities trading account. This sale was unintentional and is disclosed under Norwegian securities regulati...
Coro, a workspace cybersecurity platform designed for organizations with small IT teams, has partnered with Activa Digital, an Italian managed service provider, to deliver Coro's unified cybersecurity platform to Activa's customers. This partnership ...
Coro, a leading cybersecurity platform provider, has partnered with Italian managed service provider Activa Digital to deliver Coro's unified cybersecurity platform to Activa's clients. This collaboration addresses the growing need for simplified, co...
Sigenergy officially launched its brand in Sri Lanka, focusing on advancing the country's clean energy transition with smart energy technologies. The event featured key industry leaders and highlighted Sigenergy's innovative products like the SigenSt...
Over 15 years as CEO, Tim Cook led Apple to grow its annual revenue from $108 billion to $416 billion, with iPhone sales alone increasing from $47 billion to nearly $210 billion. This remarkable growth highlights Apple's strong market position and in...
