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Allurion Technologies Inc On August 5, Co Announced Strategic Restructuring Plan Which Includes Reduction In Workforce By 65% - SEC Filing
Aug 7 (Reuters) - Allurion Technologies Inc ALUR.N:ALLURION TECHNOLOGIES INC: ON AUGUST 5, CO ANNOUNCED STRATEGIC RESTRUCTURING PLAN WHICH INCLUDES REDUCTION IN WORKFORCE BY 65% - SEC FILINGALLURION TECHNOLOGIES INC - EXPECTS $1.5 MILLION SEVERANCE CHARGES UNDER RESTRUCTURING PLAN - SEC FILINGSour...Reuters
Thu, Aug 7
Stocks
Peloton to cut more jobs, forecasts strong 2026 revenue; shares soar
Aug 7 (Reuters) - Peloton Interactive PTON.O forecast 2026 revenue above estimates and said it would cut 6% of its global workforce to boost cost savings under an ongoing turnaround effort, sending the exercise-bike maker's shares up nearly 23% premarket.The company also posted a surprise profit...Reuters
Thu, Aug 7
Other
Renewable fuels company Aemetis's Q2 revenue, net loss miss expectations
OverviewAemetis Q2 revenue of $52.2 mln missed analyst expectations, per LSEG dataNet loss improved to $23.4 mln but missed analyst estimates, per LSEG dataOperating loss improved to $10.7 mln, still missed analyst expectations, per LSEG dataOutlookAemetis expects increased revenues from new dairy d...Reuters
Thu, Aug 7
Stocks
Parker-Hannifin tops fourth-quarter results on aerospace parts demand
Aug 7 (Reuters) - Parker-Hannifin PH.N posted fourth-quarter revenue and profit that topped Wall Street expectations on Thursday, driven by sustained demand for its aerospace parts and motion control products, sending its shares up 4.5% in premarket trading. The supplier of airframes and engine comp...Reuters
Thu, Aug 7
Commodities
Where Food Comes From Q2 revenue up 3% to $6.6 mln
OverviewWhere Food Comes From Q2 revenue rises 3% yr/yr to $6.6 mlnNet income for Q2 up 15% yr/yr, aided by digital asset gainCo sells Progressive Beef interest, enhancing financial flexibilityOutlookCompany expects CARE Certified beef in 110 retail locations by year-endCompany plans to expand retai...Reuters
Thu, Aug 7
Commodities
Spain's Cox prepares multibillion investment plan focused on Mexico
Cox plans more than $10 billion in investment in Mexico by 2030Figure includes $4.2 billion acquisition of Iberdrola's assetsCox will develop new renewable capacity, desalination projects MADRID, Aug 7 (Reuters) - Spanish energy company Cox COXGA.MC will focus its new strategic plan on Mexic...Reuters
Thu, Aug 7
Other
Minghui Pharmaceutical Announces USD 131 Million Pre-IPO Financing To Advance Late-Stage Pipeline And Global Expansion
Aug 7 (Reuters) - MINGHUI PHARMACEUTICAL ANNOUNCES USD 131 MILLION PRE-IPO FINANCING TO ADVANCE LATE-STAGE PIPELINE AND GLOBAL EXPANSIONFurther company coverage: [ ]Reuters
Thu, Aug 7
Other
Froot Loops maker WK Kellogg reports downbeat quarterly results on demand decline
Aug 7 (Reuters) - WK Kellogg KLG.N reported second-quarter results below estimates on Thursday, hurt by soft demand for its packaged breakfast cereal amid macroeconomic uncertainty.Customers have cut back spending on branded packaged food and are seeking cheaper alternatives at private-label brands ...Reuters
Thu, Aug 7
Stocks
Ralph Lauren rises after raising annual revenue forecast
** Shares of Ralph Lauren RL.N up about 3% at $312.59 premarket ** RL raises annual revenue forecast driven by robust demand for its Polo shirts and cable-knit sweaters**Co expects fiscal 2026 revenue to rise low-to mid-single digits from last year, compared with its prior target of a low-singl...Reuters
Thu, Aug 7
Other
Leatt Q2 revenue rises 61%, net income triples
OverviewLeatt Q2 revenue rises 61% yr/yr to $16.18 mlnNet income increases 208% yr/yr, driven by product category growthCo wins awards at Eurobike 2025 for helmet and jacketOutlookLeatt expects working capital investments to increase in coming periodsCompany confident in liquidity to support growthL...Reuters
Thu, Aug 7
Cryptocurrencies
EXCLUSIVE-Ripple to buy stablecoin platform Rail for $200 million
By Hannah Lang Aug 7 (Reuters) - Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks after U.S. President Donald Trump signed a law that raised expectations cryptocurrency tokens are about to enter the mainstream.Ripple, a crypto company that is...Reuters
Thu, Aug 7
Other
Haemonetics Reaffirms Fiscal 2026 Guidance
Aug 7 (Reuters) - Haemonetics Corp HAE.N:: REAFFIRMS FISCAL 2026 GUIDANCEQTRLY REVENUE $321 MILLION, ADJUSTED EPS $1.10Q1 EARNINGS PER SHARE VIEW $1.02, REVENUE VIEW $304.4 MILLION -- LSEG IBES DATAFY2026 EARNINGS PER SHARE VIEW $4.87, REVENUE VIEW $1.31 BILLION -- LSEG IBES DATAFurther company cov...Reuters
Thu, Aug 7
Other
McEwen Full-Year Production Guidance Reaffirmed At 120,000–140,000 Geos
Aug 7 (Reuters) - McEwen Inc MUX.TO:MCEWEN REPORTS Q2 2025 RESULTS: CONTINUING MOMENTUM TO DOUBLE GOLD AND SILVER PRODUCTION BY 2030MCEWEN INC: FULL-YEAR PRODUCTION GUIDANCE REAFFIRMED AT 120,000–140,000 GEOSReuters
Thu, Aug 7
Forex
Fed's Powell has 'utmost integrity', says Bank of England's Bailey
LONDON, Aug 7 (Reuters) - U.S. Federal Reserve Chair Jerome Powell is a man of "utmost integrity", Bank of England Governor Andrew Bailey said, following sharp criticism of Powell's performance by U.S. President Donald Trump.Bailey declined to comment directly on whether he was worried b...Reuters
Thu, Aug 7
