Tilray announced after the market closed on Monday that it plans to buy Hexo for a total of around $56 million in an all-stock transaction. The deal is expected to close in June 2023 but must first clear regulatory hurdles and win approval from Hexo shareholders. Shares of Tilray have plunged more than 50% over the past 12 months.
The Play-Doh maker has grappled with weakening demand over the past year amid a pullback in discretionary spending and tight inventory planning by mass retailers like Walmart and Target. However, efforts to clean up its inventory throughout 2023, along with cost efficiencies, helped its operating margin expand to 15.3%, from 1.8% last year. Revenue for the Wizards of the Coast and Digital Gaming segment grew 7% in the quarter, driven by the popularity of its "Baldur's Gate III" and "Monopoly Go!" games.
Germany's Cabinet on Wednesday approved a 4.57% rise in retirees' pensions from this summer, well above the current rate of inflation. Rises in German pensions are linked largely to wage developments. The increase will take effect on July 1, the first time since 2000 that pensions in Europe's biggest economy have risen by more than the annual inflation rate, which in March stood at 2.2%, German news agency dpa reported.
Q1 2024 Manhattan Associates Inc Earnings Call
Hasbro reported a smaller-than-expected drop in first-quarter sales and handily beat profit estimates on Wednesday, as leaner inventories and steady digital gaming revenue helped cushion a drag from softer demand for toys. The Play-Doh maker has grappled with weakening demand over the past year amid a pullback in discretionary spending and tight inventory planning by mass retailers like Walmart and Target. However, efforts to clean up its inventory throughout 2023, along with cost efficiencies, helped its operating margin expand to 15.3%, from 1.8% last year.
It’s a lucrative business.
A rally attempt is underway. Tesla and AI play Vertiv were big earnings winners. Meta and ServiceNow loom tonight.
European Union citizens will vote on June 6-9 in elections to choose 720 new members of the European Parliament (MEPs) for the next five years. The European Parliament is one of the three main EU institutions that run the 27-nation bloc. Along with EU governments, it decides on laws that govern common European policies and the EU market of almost 450 million people.
Anglo American (LON:AAL) has had a great run on the share market with its stock up by a significant 13% over the last...
Key Insights UMB Financial will host its Annual General Meeting on 30th of April CEO J. Kemper's total compensation...
President Joe Biden is expected to sign the bill into law
PAWTUCKET, R.I., April 24, 2024--Hasbro, Inc. (NASDAQ: HAS), a leading toy and game company, today reported financial results for the first quarter 2024.
MERRILLVILLE, Ind., April 24, 2024--NiSource Inc. (NYSE: NI) today announced that the company will host a conference call at 11 a.m. ET (10 a.m. CT) on Wednesday, May 8, 2024, to review its first quarter 2024 financial results and provide a general business update. NiSource will release its first quarter 2024 financial results before U.S. financial markets open on May 8.
Recent international reports* indicate a significant growth in the market for Advanced Driver Assistance Systems (ADAS) in the coming years. BlincVision is well positioned to meet the growing market demand for a rapid driver assistance system for urban environments, where every meter and millisecond counts. Stricter regulations, increased consumer expectations, and technological advancements will collectively drive the market potential for BlincVision forward. According to Expert Market Research
LOUISVILLE, Ky., April 24, 2024--Humana Inc. (NYSE: HUM) today reported consolidated pretax results and net earnings per share (EPS) for the quarter ended March 31, 2024 (1Q24) versus the quarter ended March 31, 2023 (1Q23) as noted in the tables below.
ST. JOHN'S, Newfoundland and Labrador, April 24, 2024 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that effective April 23, Peter A. Hunter has been appointed Chairman of the Company’s Board of Directors. Mr. Hunter joined Kraken’s Board in November of 2023 and is the founder, Chairman, and Managing Partner of Artemis Capital Partners, L.P., a Boston-based specialized private equity firm focused on differentiated industrial technology
PITTSBURGH, April 24, 2024--Wabtec Corporation (NYSE: WAB) today reported first quarter 2024 GAAP earnings per diluted share of $1.53, up 64.5% versus the first quarter of 2023. Adjusted earnings per diluted share were $1.89, up 47.7% versus the same quarter a year ago. First quarter sales were $2.50 billion and cash from operations was $334 million.
Q2 2024 results expected to be released on August 13, 2024Miami, Fla, April 24, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, will review first quarter results via a conference call on Wednesday May 15, 2024. Who: Analysts, media, and investors are invited to attend. What: Hut 8 executives will comment on recent corporate develop
Highlights: LNG Energy Group has been conditionally awarded two Productive Participation Contracts (“CPPs”) to develop and produce hydrocarbons in Venezuela.The contracts cover five onshore fields that are currently producing approximately 3,000 bbl/d of oil.The Blocks have existing production and transportation infrastructure in place. TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FRA: E26) (the “Company” or “LNG Energy Group”) i
ROCKFORD, Mich., April 24, 2024--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its first quarter fiscal 2024 financial results on Wednesday, May 8, 2024, at approximately 6:30 a.m. ET. Following the press release, the Company will host a conference call at 8:30 a.m. ET to review results and discuss current business trends.
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