(RTTNews) - Cresco Labs Inc. (CRLBF, CL.CN, 6CQ.MU), an American cannabis company, on Friday reported a wider loss for the first quarter, driven by decreased revenue.
(RTTNews) - Cresco Labs Inc. (CRLBF, CL.CN, 6CQ.MU), an American cannabis company, on Friday reported a wider loss for the first quarter, driven by decreased revenue.
Dauch press release ( DCH ): Q1 Non-GAAP EPS of $0.34 beats by $0.37 . Revenue of $2.38B (+68.8% Y/Y) beats by $180M . Adjusted EBITDA* of $308.5 million, or 13.0% of sales. Net cash provided by (used in) operating activities of $(64.4) million; Adjusted free cash flow use of $(40.8) million. Dauch's Updated 2026 Financial Outlook Sales in the range of $10.3 - $10.8 billion vs. $10.3 - $10.7 billi...
Dauch press release ( DCH ): Q1 Non-GAAP EPS of $0.34 beats by $0.37 . Revenue of $2.38B (+68.8% Y/Y) beats by $180M . Adjusted EBITDA* of $308.5 million, or 13.0% of sales. Net cash provided by (used in) operating activities of $(64.4) million; Adjusted free cash flow use of $(40.8) million. Dauch's Updated 2026 Financial Outlook Sales in the range of $10.3 - $10.8 billion vs. $10.3 - $10.7 billion prior vs. $10.50B consensus (prior $10.3 - $10.7 billion) . Adjusted EBITDA in the range of $1.3 - $1.425 billion vs. $1.3 - $1.4 billion prior. Adjusted EBITDA includes synergy benefits of $50 - $75 million, equating to a run rate of greater than $100 million by the end of year one. Equity income from our China JV (which is included in Adjusted EBITDA) in the range of $65 - $75 million. Adjusted free cash flow in the range of $235 - $325 million. Capital expenditures in the range of 4.5% to 5% of sales. Restructuring cash payments of $110 - $150 million. Synergy implementation cash payments of $100 - $125 million. These targets are based on the following assumptions for 2026: Production outlook: North America Europe China Global ~15.0 million ~16.7 million ~32.3 million ~91.4 million Click to enlarge More on Dauch Dauch Corporation (DCH) Presents at Bank of America Global Automotive Summit Transcript Dauch Corporation 2025 Q4 - Results - Earnings Call Presentation Dauch Corporation (DCH) Q4 2025 Earnings Call Transcript Dauch Q1 2026 Earnings Preview Dauch Non-GAAP EPS of $0.07 beats by $0.09, revenue of $1.38B misses by $20M
Black Diamond Group ( BDIMF ) said on Friday the Toronto Stock Exchange approved the renewal of its normal course issuer bid, allowing the company to repurchase up to 5.26M common shares beginning May 12. The buyback authorization represents 10% of the company’s public float and about 7.6% of its outstanding shares as of April 30, 2026. Shares acquired under the program will be cancelled. Black Di...
Black Diamond Group ( BDIMF ) said on Friday the Toronto Stock Exchange approved the renewal of its normal course issuer bid, allowing the company to repurchase up to 5.26M common shares beginning May 12. The buyback authorization represents 10% of the company’s public float and about 7.6% of its outstanding shares as of April 30, 2026. Shares acquired under the program will be cancelled. Black Diamond said management believes the company’s shares may trade below their underlying value at times, making repurchases an attractive use of capital that would benefit remaining shareholders. The company also entered into an automatic share purchase plan to enable buybacks during blackout periods. More on Black Diamond Group Limited Black Diamond Group Limited (BDI:CA) Shareholder/Analyst Call Prepared Remarks Transcript Black Diamond Group Limited (BDI:CA) Q1 2026 Earnings Call Transcript Black Diamond Group Limited (BDI:CA) Q4 2025 Earnings Call Transcript Historical earnings data for Black Diamond Group Limited Dividend scorecard for Black Diamond Group Limited
Investing.com -- Qualcomm Inc. (NASDAQ:QCOM) shares rose 6% Friday morning after Daiwa Securities analyst Louis Miscioscia upgraded the chipmaker from Neutral to Outperform with a price target of $225.
Investing.com -- Qualcomm Inc. (NASDAQ:QCOM) shares rose 6% Friday morning after Daiwa Securities analyst Louis Miscioscia upgraded the chipmaker from Neutral to Outperform with a price target of $225.
Tesla (NASDAQ: TSLA) has staged a sharp rebound. Shares closed at $411.81 on May 7, capping a roughly 19% monthly run that has erased much of the spring drawdown. Even so, the stock is down 8.4% year-to-date, which sets up a familiar tactical question for holders heading into summer: is this the moment to invoke ... Tesla Just Ripped 19% in a Month. Is It Time to Sell in May and Go Away?
Tesla (NASDAQ: TSLA) has staged a sharp rebound. Shares closed at $411.81 on May 7, capping a roughly 19% monthly run that has erased much of the spring drawdown. Even so, the stock is down 8.4% year-to-date, which sets up a familiar tactical question for holders heading into summer: is this the moment to invoke ... Tesla Just Ripped 19% in a Month. Is It Time to Sell in May and Go Away?
Elliott Investment Management , T. Rowe Price Group Inc. and other money managers failed to persuade a Cayman Islands judge to award more than the deal price in the $8.7 billion take-private of China’s largest online classified-ad marketplace six years ago. The judge ruled last week that an investor group backed by private equity firms Warburg Pincus and General Atlantic bought the firm, 58.com, f...
Elliott Investment Management , T. Rowe Price Group Inc. and other money managers failed to persuade a Cayman Islands judge to award more than the deal price in the $8.7 billion take-private of China’s largest online classified-ad marketplace six years ago. The judge ruled last week that an investor group backed by private equity firms Warburg Pincus and General Atlantic bought the firm, 58.com, for a fair price of $56 cash per American depositary share in 2020. Attorneys for Elliott and other dissenting investors argued in court that the company had been undervalued by the pandemic. Dozens of investment firms opposed the deal and sued to challenge what was considered the largest take-private of a Chinese company, contending the deal significantly undervalued the online classified-ad firm that’s often described as China’s Craigslist. The ruling by Chief Justice Margaret Ramsay-Hale is the second in recent months that thwarted investment firms’ appraisal challenges in the Cayman Islands. A wave of such cases cropped up there in recent years, with shareholders fighting take-privates of mostly Chinese companies incorporated in the Cayman Islands that were delisting from US stock exchanges. The challenges came from an array of investment firms, including long-term stockholders and opportunistic hedge funds executing a so-called appraisal arbitrage play. This involves snapping up a company’s shares after a deal announcement and then challenging the price in court. If a judge appraises the buyout at a higher price, then the investor keeps the difference. Read More: AQR, Elliott Among Hedge Funds Reviving Appraisal Arbitrage Play In her ruling, Ramsay-Hale wrote that the price for 58.com “was the product of negotiations between sophisticated market participants with strong financial incentives to assess the company’s prospects and risks realistically and to maximize value.” That ruling followed an even more crushing defeat for appraisal challengers in November, when a diff...
Carmaker gives one of largest warnings yet of conflict’s impact on businesses while Trump tariffs also take toll Toyota has reported a £3bn hit from costs from the war in Iran, as prices of parts and materials soared and sales dropped. The world’s biggest carmaker said profits declined in its financial year to March as it was “likely unable to absorb newly added impact from the Middle East”, in on...
Carmaker gives one of largest warnings yet of conflict’s impact on businesses while Trump tariffs also take toll Toyota has reported a £3bn hit from costs from the war in Iran, as prices of parts and materials soared and sales dropped. The world’s biggest carmaker said profits declined in its financial year to March as it was “likely unable to absorb newly added impact from the Middle East”, in one of the largest warnings yet of the war’s impact on businesses. Continue reading...
(RTTNews) - Fidelity National Information Services, Inc. (FIS), on Friday reported higher net income in the first quarter of 2026 compared with the previous year. The company reiterated its full year 2026 outlook and updated second quarter 2026.
(RTTNews) - Fidelity National Information Services, Inc. (FIS), on Friday reported higher net income in the first quarter of 2026 compared with the previous year. The company reiterated its full year 2026 outlook and updated second quarter 2026.