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TBHC News24 articles
WHP Global Acquires Marc Jacobs from LVMH, G-III to Co-Own Brand
LVMH sells Marc Jacobs to WHP Global after 30 years; G-III Apparel Group co-owns and operates the brand. Marc Jacobs stays as creative director. Deal valued at ~$500 million.
Old National Bank and Indiana Fever Launch Co-Branded Cards for WNBA Season
Old National Bank and the Indiana Fever launched co-branded debit and credit cards and checks as the WNBA season began, expanding their partnership with small-business promotions.
Beyond Meat Plunges 14% on Weak Q2 Forecast Amid Plant-Protein Rebrand
Beyond Meat shares tumbled 14% after the company projected Q2 revenue of $60-$65 million, below analyst expectations, as Q1 sales continued to decline.
Newell Brands Shares Surge on Upgraded 2026 Forecast Amid Sales Challenges
Newell Brands shares rose about 9% after the company boosted its 2026 sales and earnings outlook, citing stronger-than-expected demand and margins, though core sales still declined 3.5%.
Teva Surges 11% as Branded Drugs Drive Q1 Beat, Emalex Deal Adds Tourette Candidate
Teva beat Q1 estimates with adjusted EPS of $0.53 on $3.98B revenue, as branded drug sales surged 41%. Shares rose 11% on the news.
Aterian Surges 89% on $18M Brand Sale and CEO-Designate Investment
Aterian Inc. shares surged 89% after the company agreed to sell its e-commerce brands for $18 million and secured a $7 million investment from David Lazar, who will become CEO.
Stellantis Narrows Focus to Four Core Brands as Turnaround Strategy Takes Shape
Stellantis is set to concentrate future investment on Jeep, Ram, Peugeot, and Fiat, while other brands like Chrysler shift to regional roles, according to sources ahead of a May 21 strategy announcement.
Conagra Brands Faces Dividend Risk as Shares Hit New Lows
Conagra Brands' stock fell to $14.17, near a 52-week low, as BofA warns its dividend is at risk. The company faces inflation, tariffs, and a leadership change.
Hims Expands Branded GLP-1 Access with Lilly's Zepbound and Foundayo
Hims & Hers Health now offers Eli Lilly's Zepbound and Foundayo via LillyDirect, broadening its branded GLP-1 lineup amid a competitive cash-pay market.
Imperial Brands Presses Buyback Amid Market Share Concerns
Imperial Brands purchased 190,000 shares on April 21 as part of its £1.45 billion buyback program, while its stock declined 2.29% to £27.34 following recent market share warnings. The company maintained its full-year outlook but anticipates most profit growth will occur in the second half.
AT&T and Citi Enhance Co-Branded Card with New Perks, Targets Verizon Rivalry
AT&T and Citigroup have refreshed the AT&T Points Plus World Mastercard, introducing enhanced rewards on AT&T purchases, eliminating foreign transaction fees, and maintaining up to $240 in annual statement credits. The update is available to both new and existing cardholders.
Buc-ee's Texas Store to Rebrand as 7-Eleven in Strategic Shift
Buc-ee's is set to close its Port Lavaca, Texas store, with plans to reopen the site as a 7-Eleven featuring a Laredo Taco Company restaurant. This represents an unusual strategic shift for the travel center brand.
Allbirds to Rebrand as NewBird AI After $50M Funding, Exiting Footwear
Allbirds will transform into NewBird AI, securing up to $50 million in funding to launch a GPU rental business after selling its shoe brand assets. Shares jumped over 300% on the news.
AppLovin Forges Stagwell Alliance to Broaden Brand Ad Reach in Mobile Gaming
AppLovin announced a strategic partnership with marketing network Stagwell to expand agency access to its Axon advertising platform. The move comes as the company reports robust quarterly earnings but faces competitive and regulatory headwinds.
Hindustan Unilever Sells Nutritionalab Stake, Sharpens Focus on Premium Brands
Hindustan Unilever has divested its entire 19.8% holding in Nutritionalab Private Limited for approximately 3.07 billion rupees. The move aligns with a broader strategy to concentrate investment on high-growth premium categories.
Imperial Brands Continues £1.45bn Share Buyback Amid Regulatory Scrutiny
Imperial Brands executed significant share repurchases on March 3 and 4, continuing its £1.45 billion buyback initiative while navigating upcoming regulatory votes on tobacco sales.
Kontoor Brands Soars on Robust 2026 Outlook Despite Tariff Headwinds
Kontoor Brands shares jumped 21% after issuing a strong 2026 profit forecast, projecting adjusted EPS of $6.40-$6.50 and revenue up to $3.45 billion. The company anticipates over $100 million in tariff expenses but plans to offset them within 18 months.
Imperial Brands Advances Buyback Program, Shares Gain Ahead of Dividend
Imperial Brands shares climbed 1.7% in early London trading following the disclosure of its latest share buyback activity. The tobacco group continues to return cash to shareholders ahead of its upcoming dividend payment.
Imperial Brands Shares Rebound After Dividend Adjustment, Buyback Activity Continues
Imperial Brands shares rose 0.6% in early Friday trading, recovering from Thursday's ex-dividend decline. The company repurchased 474,606 shares as part of its ongoing £1.45 billion buyback initiative.
Imperial Brands Gains Ahead of Dividend Cut-Off, Eyes April Update
Imperial Brands shares advanced 0.8% to 3,245 pence, recovering some of Monday's 2.1% decline. The move comes ahead of the February 19 ex-dividend date for a final dividend of 40.08 pence per share, payable March 31.
Cattle Futures Mixed, Kontoor Brands Seen Undervalued, Premier Energies Overvalued
February live cattle futures gained 47 cents amid quiet cash trade, while feeder cattle futures were mixed. Kontoor Brands' DCF valuation suggests a 32% upside, contrasting with Premier Energies' elevated P/E ratio amid slower growth forecasts.
Bloomin' Brands Shares Dip as Strong Jobs Data Delays Rate Cut Expectations
Bloomin' Brands stock declined 0.4% to $6.94, underperforming peers, after robust employment figures reduced near-term Fed easing bets. Investors now await Friday's CPI report and the company's Feb. 25 earnings.
Imperial Brands Shares Dip Amid FTSE Weakness, Dividend Date in Focus
Imperial Brands shares fell 1.1% in early London trading, tracking a softer FTSE 100. Investors are eyeing the company's upcoming ex-dividend date on February 19.
Imperial Brands Investors Eye Ex-Dividend Date and Buyback Activity
Imperial Brands shares rose 1.49% to 3,341p ahead of key corporate events. The stock's 4.8% yield and ongoing buyback program are in focus as the February 19 ex-dividend date approaches.