Lockheed Martin ( LMT ) was awarded a $4.76B firm-fixed-price contract for the production of PAC-3 Missile Segment Enhancement missiles, including all incidental services, hardware, equipment, technical planning, management, and manufacturing efforts. Work will be performed in Huntsville Alabama; Clearwater Florida; East Aurora New York; Rocket Center West Virginia; Vergennes Vermont; Hollister Ca...
Lockheed Martin ( LMT ) was awarded a $4.76B firm-fixed-price contract for the production of PAC-3 Missile Segment Enhancement missiles, including all incidental services, hardware, equipment, technical planning, management, and manufacturing efforts. Work will be performed in Huntsville Alabama; Clearwater Florida; East Aurora New York; Rocket Center West Virginia; Vergennes Vermont; Hollister California; Wichita Kansas; Lake Mary Florida; Pinellas Park Florida; Camden Arkansas; Chelmsford Massachusetts; Grand Prairie Texas; Lufkin Texas; Ocala Florida; and Archbald Pennsylvania, with an estimated completion date of June 30, 2030. Fiscal 2026 missile procurement, Army funds in the amount of $264.96M and fiscal 2026 Foreign Military Sales funds in the amount of $4.5B, were obligated at the time of the award. The contracting activity is Army Contracting Command, Redstone Arsenal, Alabama. More on Lockheed Martin Lockheed Martin: Strong Franchise, Limited Upside At Current Valuation Why Lockheed Martin Is Heading To $843: A Deep Dive Into Its Financial Health The Shahed Drone War Is Creating A Missile Defense Supercycle For Lockheed Martin Lockheed Martin subsidiary wins $105M GPS IIIF support contract Defense giants secure $1.84B Andromeda deal to boost space surveillance
Chobani sold an $800 million junk bond Thursday as the yogurt maker redeems debt due in 2029. The eight-year note that’s callable in three will yield 6.375%, according to a person familiar with the matter. Initial price talk was in the high-6% area, said the person, who asked not to be identified as they’re not authorized to speak publicly. Proceeds will in part help redeem an 8.75% bond, the pers...
Chobani sold an $800 million junk bond Thursday as the yogurt maker redeems debt due in 2029. The eight-year note that’s callable in three will yield 6.375%, according to a person familiar with the matter. Initial price talk was in the high-6% area, said the person, who asked not to be identified as they’re not authorized to speak publicly. Proceeds will in part help redeem an 8.75% bond, the person added. The note, with $709 million of principal outstanding, is callable on May 9 at 104 cents on the dollar, according to data compiled by Bloomberg. Funds will also be used for a dividend, the person said. Chobani didn’t immediately respond to a request for comment. The bond sale occurred as Chobani has ramped up spending and increases its product line to meet growing demand. Capital expenditures more than quadrupled last year to $587 million as a plant in Idaho was expanded, according to bond-offering documents seen by Bloomberg News. Such spending is projected to jump to as much as $950 million in 2026, Bloomberg reported last month. Chobani broke ground a year ago on a $1.2 billion factory near Syracuse, New York. The offering documents also detailed Chobani’s fourth-quarter results, which included 29% revenue growth to $965 million and adjusted earnings before interest, taxes, depreciation and amortization surging 56% to $178 million. As of Dec. 27, the company had $635 million in cash and cash equivalents — more than triple year-earlier levels. Founder Hamdi Ulukaya has a roughly 90% stake in Chobani’s parent entity, according to the offering documents.
In 2021, Anjuna Security was growing fast, hiring aggressively, and chasing a market that seemed limitless. By the end of that year, the venture-backed cybersecurity company had scaled to around 75 employees, building out sales, customer success, and support teams in anticipation of continued hypergrowth. Then 2022 hit.
In 2021, Anjuna Security was growing fast, hiring aggressively, and chasing a market that seemed limitless. By the end of that year, the venture-backed cybersecurity company had scaled to around 75 employees, building out sales, customer success, and support teams in anticipation of continued hypergrowth. Then 2022 hit.
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up here . It was a perfect, sunny morning in Richmond, British Columbia. Journalists and politicians congregated on a farm, admiring the mountains and condo towers that formed a picturesque backdrop to the land. That land was the topic on everyo...
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up here . It was a perfect, sunny morning in Richmond, British Columbia. Journalists and politicians congregated on a farm, admiring the mountains and condo towers that formed a picturesque backdrop to the land. That land was the topic on everyone’s mind. Conservative Party Leader Pierre Poilievre was there to call on Prime Minister Mark Carney’s government to do something for property owners — specifically, the ones worried about their land rights in the wake of a contentious court ruling that recognized the Cowichan people’s aboriginal title over a slice of Richmond, a Vancouver suburb. Last year’s decision by the Supreme Court of BC cast a shadow of doubt over who actually owns the land. Poilievre wants the feds to use the legal process to say private property takes precedence over all other titles, and he urged the government to guarantee explicit protections for private homeowners in all future First Nations agreements. He also called for a parliamentary committee to examine options for strengthening residents’ property rights. The intervention escalates a political fight over a decision that has been challenged by all parties and is likely to be tied up in the courts for years. The resulting uncertainty has led to allegations of lost financing from at least one developer. Poilievre recently got behind other property owners worried about their land. He’s pledged to cancel Alto , the high-speed rail line planned for the Toronto-Quebec City corridor. Some residents along the proposed route are pushing back because the project could lead to land expropriation. At today’s press conference, I asked Poilievre about how he’s championed Indigenous-led projects — including Senakw, a high-rise residential development on Squamish land nearby, and Cedar LNG , which is majority-owned by the Haisla Nation in BC’s north. Do...
Netflix (NASDAQ:NFLX) and Walt Disney (NYSE:DIS) are two widely recognized entertainment brands. But one makes money from subscriptions, while the other earns revenue from multiple business lines. Both of these companies are essentially in the same business: creating content that entertains people, but how they go about it paints two completely different financial profiles. Netflix provides entert...
Netflix (NASDAQ:NFLX) and Walt Disney (NYSE:DIS) are two widely recognized entertainment brands. But one makes money from subscriptions, while the other earns revenue from multiple business lines. Both of these companies are essentially in the same business: creating content that entertains people, but how they go about it paints two completely different financial profiles. Netflix provides entertainment services to members worldwide by offering streaming television series, documentaries, feature films, and mobile games. Recently, it withdrew its cash offer to acquire Warner Bros. Discovery after a competing bid emerged, and it reported an approximately 20% net income margin for the quarter ended Dec. 31, 2025. Continue reading
Simulations Plus (SLP) delivered earnings and revenue surprises of +29.63% and +13.51%, respectively, for the quarter ended February 2026. Do the numbers hold clues to what lies ahead for the stock?
Simulations Plus (SLP) delivered earnings and revenue surprises of +29.63% and +13.51%, respectively, for the quarter ended February 2026. Do the numbers hold clues to what lies ahead for the stock?
WD-40 (WDFC) delivered earnings and revenue surprises of +8.30% and +4.98%, respectively, for the quarter ended February 2026. Do the numbers hold clues to what lies ahead for the stock?
WD-40 (WDFC) delivered earnings and revenue surprises of +8.30% and +4.98%, respectively, for the quarter ended February 2026. Do the numbers hold clues to what lies ahead for the stock?
Xanadu Quantum Technologies Limited press release ( XNDU ): Q4 GAAP EPS of -C$14.29. Revenue of C$4.62M. Cash and cash equivalents of C$16.2 million as of December 31, 2025. Cash on hand combined with expected cash inflows was more than enough to see the Company through to the closing of the business combination. More on Xanadu Quantum Technologies Limited Financial information for Xanadu Quantum ...
Xanadu Quantum Technologies Limited press release ( XNDU ): Q4 GAAP EPS of -C$14.29. Revenue of C$4.62M. Cash and cash equivalents of C$16.2 million as of December 31, 2025. Cash on hand combined with expected cash inflows was more than enough to see the Company through to the closing of the business combination. More on Xanadu Quantum Technologies Limited Financial information for Xanadu Quantum Technologies Limited
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Hot Growth Stocks to Invest in Right Now. On March 30, Aletheia Capital reiterated a Buy rating on Advanced Micro Devices, Inc. (NASDAQ:AMD) with a price target of $333. The firm finds Advanced Micro Devices as one of the major benefactors of the next stage of […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Hot Growth Stocks to Invest in Right Now. On March 30, Aletheia Capital reiterated a Buy rating on Advanced Micro Devices, Inc. (NASDAQ:AMD) with a price target of $333. The firm finds Advanced Micro Devices as one of the major benefactors of the next stage of […]
All U.S. taxpayers have until tax day — Wednesday, April 15 — to take advantage of the Roth IRA tax break for 2025, even if they think they earn too much.
All U.S. taxpayers have until tax day — Wednesday, April 15 — to take advantage of the Roth IRA tax break for 2025, even if they think they earn too much.
Fury: ‘I’m going to make an example of him’ Russian lifts Fury in the air during final face-off A cheerful Tyson Fury has promised his latest comeback to the ring will begin with a destructive knockout of Arslanbek Makhmudov at Tottenham Hotspur Stadium in London on Saturday night. “It’s going to be different because, for the first time in forever, I’m the hunter,” Fury said at the fight’s final p...
Fury: ‘I’m going to make an example of him’ Russian lifts Fury in the air during final face-off A cheerful Tyson Fury has promised his latest comeback to the ring will begin with a destructive knockout of Arslanbek Makhmudov at Tottenham Hotspur Stadium in London on Saturday night. “It’s going to be different because, for the first time in forever, I’m the hunter,” Fury said at the fight’s final press conference. “I’m not the hunted, and we all know that when I’ve always been the hunter in the past, I’ve always fucked people up. “I actually feel sorry for Makhmudov because I’m going to make an example of him. He’s a big six foot seven lump, 18 or 19 stone. But I’ll knock his head right off his shoulders. I’m going to lay him unconscious like the gamecock on top of Tottenham Hotspur Stadium. He will be knocked spark out on the canvas looking up, thinking: ‘What just happened there?’ But it’s no shame because he’s fighting the great Tyson Fury.” Continue reading...
The dollar index (DXY00 ) fell by -0.36% on Thursday and held just above Wednesday's 4-week low. Weaker-than-expected US economic news on Thursday weighed on the dollar. Q4 GDP was unexpectedly revised lower, Feb personal income and spending rose less than expected, and weekly jobless claims rose more than expected...
The dollar index (DXY00 ) fell by -0.36% on Thursday and held just above Wednesday's 4-week low. Weaker-than-expected US economic news on Thursday weighed on the dollar. Q4 GDP was unexpectedly revised lower, Feb personal income and spending rose less than expected, and weekly jobless claims rose more than expected...