(RTTNews) - Nutritional snack maker Simply Good Foods Co. (SMPL) reported Thursday a net loss for the third quarter of $51.97 million or $0.58 per share, compared to net income of $41.10 million or $0.40 per share in the prior-year quarter.
(RTTNews) - Nutritional snack maker Simply Good Foods Co. (SMPL) reported Thursday a net loss for the third quarter of $51.97 million or $0.58 per share, compared to net income of $41.10 million or $0.40 per share in the prior-year quarter.
Enovix ( ENVX ) appointed former Apple executive Michael Vyvoda as chief operating officer, effective July 29, 2026. The appointment supports Enovix's commercialization efforts as it ramps production of its silicon-anode battery platforms. More on Enovix Enovix: Massive Battery Potential, Persistent Execution Problems Enovix Corporation (ENVX) Q1 2026 Earnings Call Transcript Enovix Corporation 20...
Enovix ( ENVX ) appointed former Apple executive Michael Vyvoda as chief operating officer, effective July 29, 2026. The appointment supports Enovix's commercialization efforts as it ramps production of its silicon-anode battery platforms. More on Enovix Enovix: Massive Battery Potential, Persistent Execution Problems Enovix Corporation (ENVX) Q1 2026 Earnings Call Transcript Enovix Corporation 2026 Q1 - Results - Earnings Call Presentation Enovix projects $8M-$9M Q2 revenue as smart eyewear ramps and Korea pipeline exceeds $130M Enovix sinks as losses widen; commercialization timeline remains in focus
SAP ( SAP ) avoided a fine from the European Union on Thursday, as the E.U. said the software company has agreed to make it easier for its customers to switch providers or end their contracts. “Today's decision gives customers using SAP's popular on-premises business management software more freedom to choose maintenance and support services without unfair restrictions that raised their costs an...
SAP ( SAP ) avoided a fine from the European Union on Thursday, as the E.U. said the software company has agreed to make it easier for its customers to switch providers or end their contracts. “Today's decision gives customers using SAP's popular on-premises business management software more freedom to choose maintenance and support services without unfair restrictions that raised their costs and stifled competition,” EU antitrust chief Teresa Ribera said in a statement . “SAP remains committed to open competition, customer choice and innovation,” SAP added in a statement of its own. “The commitments provide greater clarity, choice and safeguards for customers managing complex on-premise environments, while supporting flexible IT strategies aligned with business priorities.” As part of the agreement, SAP will use an alternative method to calculate license fees, remove reinstatement fees and cut maintenance fees for customers who return. SAP will also give customers the chance to cut 10% of their license and related maintenance and support costs if it cuts 10% or more of its workforce over a period of two years. The offer is valid for 10 years and is applicable globally. The E.C. opened an antitrust probe in late September 2025 into the company's software support services. The European Commission, the executive branch of the E.U., said at the time that its formal investigation was to investigate whether SAP may have negatively impacted competition for on-premise software used by customers for enterprise resource planning. Allegedly, some licensing conditions and bundling of applications made it difficult to switch to rival offerings. The complaint traces back to a questionnaire from 2022, which asked users about Oracle ( ORCL ) as well. More on SAP SE SAP's Transformation Is Game-Changing SAP SE (SAP) Presents at Bank of America Global Research C-Suite TMT Conference Transcript Is SAP Staging A Comeback? Enterprise software stocks slide along with broader marke...
Check out the companies making the biggest moves in premarket trading: AstraZeneca — The biopharmaceutical company tumbled 8% after its heart disease drug, Wainua, failed to meet its target in a late-stage clinical trial. PepsiCo — The snack and beverage giant reported mixed results for its second quarter . PepsiCo's adjusted earnings of $2.20 per share fell short of the $2.21 a share expected fro...
Check out the companies making the biggest moves in premarket trading: AstraZeneca — The biopharmaceutical company tumbled 8% after its heart disease drug, Wainua, failed to meet its target in a late-stage clinical trial. PepsiCo — The snack and beverage giant reported mixed results for its second quarter . PepsiCo's adjusted earnings of $2.20 per share fell short of the $2.21 a share expected from analysts polled by LSEG. Revenue was $24.18 billion, above the $23.95 billion consensus estimate. Shares fell 1%. Salesforce — The stock shed 4% following a downgrade at KeyBanc to sector weight from overweight. The firm said it is difficult to find evidence of future upside based on checks and consumer conversations, as well as disclosed numbers from the company. Stellantis — The Jeep parent slid 2% on the back of a J PMorgan downgrade to neutral from overweight. Analyst Jose Asumendi said Stellantis needs 14 months of work to reap the benefits of its turnaround. Levi Strauss — The denim giant dropped 4% after issuing disappointing third-quarter guidance. Levi expects EPS between 34 cents and 36 cents, short of the 38 cents expected from analysts polled by FactSet. However, the company beat second-quarter expectations on the top and bottom lines. AZZ — The metal coating solutions provider jumped 6% after it reported earnings per share of $1.85 for the latest quarter, compared to a FactSet consensus estimate of $1.69. Revenue of $448.5 million also topped the $434.6 million forecast. — CNBC's Tanaya Macheel contributed reporting.
Belgravia Hartford Capital ( BLGVF ) plans a non-brokered private placement to raise up to C$500,000 through the issuance of up to 19.23M units at C$0.026 per unit. Each unit includes one common share and one-half warrant, with each full warrant exercisable at C$0.08 for one year. The proceeds will support general corporate purposes, including investments in Bitcoin, Strategy ( MSTR ) call options...
Belgravia Hartford Capital ( BLGVF ) plans a non-brokered private placement to raise up to C$500,000 through the issuance of up to 19.23M units at C$0.026 per unit. Each unit includes one common share and one-half warrant, with each full warrant exercisable at C$0.08 for one year. The proceeds will support general corporate purposes, including investments in Bitcoin, Strategy ( MSTR ) call options, BITX, technology development, and working capital. R. Duncan MacPherson was appointed chief financial officer of Belgravia. More on Belgravia Hartford Capital Inc. Financial information for Belgravia Hartford Capital Inc.
(RTTNews) - Thursday, Marex Group Limited (MRX) announced its decision to acquire Bright Point International, a Singapore-based clearing business, to further expand its footprint across the Asia Pacific region and provide access to the markets in China. The financial terms of the
(RTTNews) - Thursday, Marex Group Limited (MRX) announced its decision to acquire Bright Point International, a Singapore-based clearing business, to further expand its footprint across the Asia Pacific region and provide access to the markets in China. The financial terms of the
Gabriel Resources ( GBRRF ) announced on Thursday the appointment of Nicolae Suciu as interim CEO effective immediately as the Director and CEO Dragos Tanase resigned. Suciu brings more than 20 years of experience at Gabriel's Romanian subsidiary and most recently served as deputy managing director. Shares -10.22%. More on Gabriel Resources Financial information for Gabriel Resources
Gabriel Resources ( GBRRF ) announced on Thursday the appointment of Nicolae Suciu as interim CEO effective immediately as the Director and CEO Dragos Tanase resigned. Suciu brings more than 20 years of experience at Gabriel's Romanian subsidiary and most recently served as deputy managing director. Shares -10.22%. More on Gabriel Resources Financial information for Gabriel Resources
Statkraft has announced its investment in a 280 MW onshore wind project, Gran Sul, located in Rio Grande do Sul, Brazil. This project marks a significant addition to Statkraft’s renewable energy endeavors in a key international growth market. Boasting robust wind resources in southern Brazil, the Gran Sul project will contribute to the country's electricity grid and support the energy transition b...
Statkraft has announced its investment in a 280 MW onshore wind project, Gran Sul, located in Rio Grande do Sul, Brazil. This project marks a significant addition to Statkraft’s renewable energy endeavors in a key international growth market. Boasting robust wind resources in southern Brazil, the Gran Sul project will contribute to the country's electricity grid and support the energy transition by expanding the company's presence in hydropower, wind, and solar power. The project has...
United Natural Foods ( UNFI ) said that Matteo Tarditi, currently president and CFO, will become president and chief operating officer effective August 3, 2026. Louis Martin will assume the role of chief commercial officer, leading UNFI's commercial strategy, including merchandising, supplier partnerships, private brands, professional and digital services, and revenue growth management. Alfredo Lu...
United Natural Foods ( UNFI ) said that Matteo Tarditi, currently president and CFO, will become president and chief operating officer effective August 3, 2026. Louis Martin will assume the role of chief commercial officer, leading UNFI's commercial strategy, including merchandising, supplier partnerships, private brands, professional and digital services, and revenue growth management. Alfredo Luchini will join UNFI as CFO effective August 10. Luchini previously served as VP of finance and CFOr for Carrier Climate Solutions Americas. As part of the transition, Mark Bushway, president of Natural, Organic, Specialty & Fresh Products and chief supply chain officer, will leave the company on January 1, 2027. More on United Natural Foods United Natural Foods: This Could Double United Natural Foods Q3: There's A Lot Of Work To Be Done United Natural Foods, Inc. (UNFI) Q3 2026 Earnings Call Transcript GEN Korean BBQ operator partners with UNFI for retail expansion UNFI expects return to growth in fiscal 2027 while reiterating $695M adjusted EBITDA midpoint
Artificial intelligence spending has entered a new phase. The industry’s biggest technology companies are no longer debating whether to build more infrastructure — they’re competing to build it faster than everyone else. Meta Platforms (NASDAQ:META) is among the most aggressive, with capital expenditures expected to reach between $125 billion and $145 billion this year, according ... Meta Plans to...
Artificial intelligence spending has entered a new phase. The industry’s biggest technology companies are no longer debating whether to build more infrastructure — they’re competing to build it faster than everyone else. Meta Platforms (NASDAQ:META) is among the most aggressive, with capital expenditures expected to reach between $125 billion and $145 billion this year, according ... Meta Plans to Sell AI Compute — So Why Spend $10 Billion to Build Even More Data Centers?