Latest News
Lockheed Martin Slips Despite Saudi F-35 Approval
Lockheed Martin shares fell 0.9% despite U.S. approval for a possible $24.3B F-35 sale to Saudi Arabia. The approval is not an order, so no revenue or backlog impact yet.
Nestlé Faces Russian Takeover Threat as Kremlin Seizes Control
Russia has placed Nestlé's Russian business under external administration, prompting a 2.4% share decline. The move could lead to forced divestment, mirroring actions against Danone and Carlsberg.
On Holding's Mbappé Deal Fails to Sustain Pre-Market Rally
On Holding's stock reversed a 5% premarket jump after announcing Kylian Mbappé as its football ambassador, with first boots due in 2027.
Remedy Shares Slide 4.7% as 'Control Resonant' Reviews Land
Remedy Entertainment shares fell 4.7% after early reviews for 'Control Resonant' arrived. The game's critical reception is positive but not unanimous, and investors await sales data.
Mondelez Bets Big on Oreo's $5B Franchise with 2027 Global Relaunch
Mondelez International plans a 2027 global Oreo relaunch covering packaging, pricing, and recipes. Oreo nears $5 billion in sales, representing about 13% of company revenue.
Bathla Gets Court Extension; TCF Units Stay Below Pre-Collapse Levels
Bathla Group's administration extended to 2027 with A$4.7M funding; TCF units remain 8.8% below pre-collapse close.
BrewDog Creditors Face Pennies on the Pound After Tilray Acquisition
BrewDog plc unsecured creditors are set to recover under 1p per pound, while bar business creditors get nothing. Tilray's £33M acquisition leaves old shareholders empty-handed.
Danone Faces Second Recall of So Delicious Dessert; Shares Dip
Danone's So Delicious Salted Caramel Cluster frozen dessert is recalled again for foreign material, impacting Target and Walmart. Shares dipped 1.6%.
Costco's Q4 Test: Traffic Data, Not Food-Court Speculation, Will Drive Stock
Costco hasn't confirmed its returning food-court item, but investors shouldn't focus on menu speculation. The real test is Q4 earnings, with traffic and membership data due Sept. 24.
Berkshire Hathaway Finalizes Succession: Howard Buffett Named Chairman, Abel Remains CEO
Berkshire Hathaway finalizes its succession plan, with Howard Buffett taking the chairman role and Warren Buffett becoming chairman emeritus, while Greg Abel continues as CEO.
Meritage Hospitality Enters Chapter 11; MHGU Plunges
Meritage Hospitality Group files for Chapter 11 without revealing DIP financing details. MHGU shares fell 19% pre-announcement, leaving investors in limbo.