Latest News
MTY Food Group to close 29% of corporate stores amid C$91M market cap loss
MTY Food Group will close 68 company-owned stores after posting lower Q2 revenue and profit. The closures, 29% of its corporate locations, aim to stem over C$10M in annual losses.
American Airlines Faces Profit Squeeze as Fuel Costs Surge, Delta's Revenue Signal Offers Hope
Delta Air Lines' strong Q2 unit revenue growth suggests American Airlines' sales target is achievable, but rising fuel costs and geopolitical risks threaten profits.
Nvidia Surges $393B in Two Days as Markets Brace for Key Inflation Data
Nvidia added $393 billion in market cap over two days, with shares up 8.3% for the week. The focus now shifts to inflation data and Fed testimony.
Xero Tightens Staff Policy as Investors Eye 43% Equity Compensation Ratio
Xero sets a 30-day performance deadline for staff rated below expectations, while investors weigh a 43% stock-based pay ratio and rising equity costs.
Union Pacific's Big Boy Tour Draws 117,000, But 14.8% Merger Spread Signals Investor Caution
Union Pacific's Big Boy 4014 drew 117,000 visitors in Pennsylvania, but the 14.8% merger spread with Norfolk Southern indicates investor doubt about the deal's closure.
FCC Authorizes Reflect Orbital's Space Mirror Test; High-Cost Lighting Service Seen as Near-Term Focus
The FCC has approved Reflect Orbital's first space mirror test. CEO Ben Nowack's stated pricing of $5,000 per hour indicates a near-term focus on targeted lighting services rather than power generation.
Hardee's Franchisee Bankruptcy Reveals 95% Claim Concentration in Acquisition Debt
Superior Star LLC's bankruptcy reveals 94.6% of its largest unsecured claims are acquisition-related, not trade payables, threatening Hardee's revenue and bond payments.
SpaceX Starship Flight 13: Key Test for Satellite Deployment and Investor Sentiment
SpaceX's Starship Flight 13 on July 16 will test satellite deployment and engine relight, with investors eyeing the stock's performance after a 10.3% drop.