News
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Mastech Digital Q2 revenue beats estimates, rises 2%
OverviewMastech Digital Q2 revenue rises 2% sequentially, beating analyst expectationsNon-GAAP EPS for Q2 at $0.15, down from $0.19 last yearIT Staffing Services segment drives revenue growth with higher bill ratesOutlookCompany sees early signs of stabilization in broader environmentMastech Digital...Reuters
Wed, Aug 13
Baby products retailer Crown Crafts's Q1 sales fall, loss widens due to increased tariff costs
OverviewCrown Crafts fiscal Q1 net sales fell 4.5% yr/yr, impacted by tariffsNet loss widened to $1.1 mln, affected by increased tariff costsBaby Boom acquisition added $2.1 mln in net sales for fiscal Q1Result DriversTARIFF IMPACT - Increased tariffs on products imported from China led to higher co...Reuters
Wed, Aug 13
Canada's Metro misses Q3 sales estimates
OverviewMetro fiscal Q3 sales rise 3.3% yr/yr, but miss analysts' expectations, per LSEG dataAdjusted EPS for fiscal Q3 misses consensus, despite 12.6% yr/yr growthCompany opened 5 new food stores, continuing expansion of discount bannersOutlookMetro Inc focuses on realizing efficiency gains aft...Reuters
Wed, Aug 13
Biopharma firm Kamada's Q2 profit beats expectations
OverviewKamada H1 2025 rev rises 11% yr/yr, adjusted EBITDA up 35%Q2 revenue and net income beat analyst expectations, per LSEG dataFDA approves Houston plasma center, cleared for commercial salesOutlookKamada raises adjusted EBITDA guidance to $40 mln-$44 mln for 2025Company reiterates 2025 revenue...Reuters
Wed, Aug 13
Biggest IKEA retailer names veteran Juvencio Maeztu CEO as Brodin steps down
Ingka Group sales and profit fell last yearBrodin led online push at IKEA, set new emissions targetsSays it's the right time to step downMaeztu to start with a global 'listening tour' to build strategyBy Helen Reid LONDON, Aug 13 (Reuters) - The world's biggest retailer of IKEA fu...Reuters
Wed, Aug 13
Soccer-Man Utd are in 'no man's land' due to constant managerial churn, says Rashford
Aug 13 (Reuters) - Manchester United's exiled forward Marcus Rashford has delivered a scathing assessment of the Premier League side's struggles, saying the club remains stuck in "no man's land" due to constantly changing coaches with different philosophies.Rashford has not playe...Reuters
Wed, Aug 13
Mesa Air Group Q3 revenue drops 16.3% on reduction in contractual aircraft with United Airlines
OverviewMesa fiscal Q3 2025 rev falls 16.3% yr/yr, driven by reduced United contractsCo reports GAAP net income of $20.9 mln, reflecting operational restructuringProposed merger with Republic Airways expected to enhance financial profileOutlookMesa expects combined annual revenue of $1.8 bln to $2.0...Reuters
Wed, Aug 13
Urban One Q2 revenue drops 22%, net loss widens
OverviewUrban One Q2 rev falls 22.2% yr/yr, impacted by weaker Reach Media performanceCo reports Q2 operating loss of $120.7 mln, net loss of $77.9 mlnAdjusted EBITDA declines to $14 mln; full-year guidance cut to $60 mlnOutlookUrban One reduces full-year Adjusted EBITDA guidance to $60 mln, citing ...Reuters
Wed, Aug 13
Sanara MedTech Q2 revenue up 28%
OverviewSanara MedTech Q2 revenue rises 28% yr/yr, beating analyst expectationsCompany reports Q2 net loss of $2 mln, narrowing from previous yearSanara to evaluate strategic alternatives for Tissue Health Plus subsidiaryOutlookSanara projects cash investment in THP strategy between $5.5 mln and $6....Reuters
Wed, Aug 13
Performance Food Q4 sales up 11.5%, beats estimates on higher demand, prices
OverviewPerformance Food Q4 fiscal 2025 sales rise 11.5%, beating analyst expectationsAdjusted EPS increases 6.9% to $1.55, surpassing consensusAdjusted EBITDA grows 19.9% to $546.9 mln, beating estimatesOutlookCompany expects Q1 fiscal 2026 net sales $16.6 bln to $16.9 blnPerformance Food projects ...Reuters
Wed, Aug 13
Polymer 3D printing solutions maker Stratasys beats Q2 revenue expectations
OverviewStratasys Q2 2025 revenue beats analysts' expectations at $138.1 mln, per LSEG dataAdjusted EPS for Q2 meets analyst expectations at $0.03, per LSEG dataAdjusted net income, EBITDA and operating income miss estimates, per LSEG dataOutlookStratasys sees 2025 revenue between $550 mln and $...Reuters
Wed, Aug 13
Hydro One Q2 revenue rises on higher energy demand
OverviewHydro One Q2 revenue rises to C$2.066 bln, driven by higher consumptionBasic EPS for Q2 increases to C$0.54 from C$0.49 yr/yrNet income for Q2 grows to C$327 mln, reflecting improved performanceOutlookHydro One plans critical investments to meet growing energy demand in OntarioCompany to sup...Reuters
Wed, Aug 13
Iran's Larijani says foreign countries should not give orders to Lebanon
DUBIA, Aug 13 (Reuters) - Iran's Supreme National Security Council secretary Ali Larijani said on Wednesday in Beirut that Tehran does not interfere in Lebanese decision-making, and that foreign countries should not give orders to Lebanon.Reuters
Wed, Aug 13
Atrium names Liberty's Rob James aviation underwriter
By Ashish TiwariAug 13 - (The Insurer) – Specialty insurer Atrium has appointed Rob James as an underwriter on its aviation team, the company said on Tuesday.James, who will join in the first quarter of 2026, will work with Bassel Matta, head of aviation. He has over 17 years of experience in aviati...Reuters
Wed, Aug 13
Mesa Air Group Reports Third Quarter Fiscal 2025 Results
Aug 13 (Reuters) - Mesa Air Group Inc MESA.O:MESA AIR GROUP REPORTS THIRD QUARTER FISCAL 2025 RESULTS AND PROVIDES UPDATE ON PROPOSED MERGER WITH REPUBLIC AIRWAYS HOLDINGS INC.MESA AIR GROUP INC: REPUBLIC HAS OBTAINED SUFFICIENT CONSENTS FROM ITS STOCKHOLDERS TO APPROVE MERGERReuters
Wed, Aug 13
Kamada Reports Strong Second Quarter Financial Results
Aug 13 (Reuters) - Kamada Ltd KMDA.TA:KAMADA REPORTS STRONG SECOND QUARTER AND FIRST HALF 2025 FINANCIAL RESULTS WITH 11% YEAR-OVER-YEAR 6-MONTH TOP LINE GROWTH AND A 35% INCREASE IN PROFITABILITY; RAISES FULL-YEAR PROFITABILITY GUIDANCEReuters
Wed, Aug 13
Health Canada Approves Keytruda for PD-L1+ Head & Neck Cancer as Neoadjuvant and Adjuvant Therapy
Aug 13 (Reuters) - Merck & Co Inc MRK.N:HEALTH CANADA APPROVES KEYTRUDA® FOR PATIENTS WITH RESECTABLE LOCALLY ADVANCED HEAD & NECK SQUAMOUS CELL CARCINOMA TUMOURS THAT ARE PD-L1 (CPS) POSITIVE AS NEOADJUVANT TREATMENT, CONTINUED AS ADJUVANT TREATMENT COMBINED WITH RADIOTHERAPY WITH OR WITHOU...Reuters
Wed, Aug 13
