Tag: Growth

ROSEN, A LONG-STANDING LAW FIRM, ENCOURAGES CANOPY GROWTH CORPORATION…

NEW YORK, May 25, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces that it has filed a class action lawsuit on behalf of Canopy Growth Corporation securities buyers C.G.C between May 31, 2021 and May 10, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has […]

Toronto-Dominion Bank earnings slide, expects FY23 EPS growth below…

The Toronto Dominion Bank TD reported an increase in adjusted net income of 1% Y/Y to CAD$3.8 billion. Adjusted earnings per share were $1.94. less than 2.02 CAD a year ago. Revenues in Canadian Personal & Commercial Banking totaled $1.63 billion (+4% YoY) and Wealth Management & Insurance was $563 million (-16% […]

Goodness Growth hires Grown Rogue to improve its cannabis offering

Goodness Growth Holdings, Inc. GDNSF GDNS And Grown Rogue International, Inc. GREETING GRIN are received strategic agreement where Grown Rogue will support Goodness Growth in the optimization of its cannabis flower products, with a particular focus on improving the quality and yield of top-tier “A” cannabis flower across its various operating markets, beginning with Maryland […]

Morgan Stanley recognizes Walmart growth potential: “Margin drivers are…”

Simeon Gutman, analyst at Morgan Stanley, reiterated the shares’ rating of “Overweight”. Walmart Inc WMT with a target price of $160. The retail giant reported First Quarter Revenue $152.3 billion and adjusted earnings per share of $1.47, both beating consensus. Following the rise in US comparable WMT sales in the first quarter (+7.4% vs. […]

Rockwell Medical posts 22% revenue growth in first quarter and aims for profitability…

Rockwell Medical, Inc. RMTI reported revenue of $19.67 million for the first quarter of FY23. surpassed the consensus of $19.12 million. Revenue increased 22% year over year. The hemodialysis products company reported an EPS loss of $(0.10), beating the Analyst consensus of $(0.16) loss. Efficient manufacturing processes, long-term supply agreements, product purchase […]

CNH Industrial Q1: 15% revenue growth, better profits, three key…

CNH Industrial NV CNHI reported fiscal 23 first quarter revenue growth of 15% year-on-year to $5.34 billion, +17% on a constant currency basis, beat the consensus of $5.08 billion. Adjusted earnings per share improved to $0.35 from $0.28 in 1Q22, beating the consensus of $0.32. Net sales from Industrial Activities were $4.78 […]

Stellantis Reports 14% Revenue Growth in Q1 Driven by Higher…

Stellantis NV STLA reported Revenue growth of 14% in Q1 FY23 compared to the previous year to 47.2 billion euros. Sales growth was fueled by higher shipments Semiconductor supply improved. Consolidated shipments of 1,476,000 units increased 7% year over year. Sales in North America and greater Europe increased 10% year over […]

China Education Group aims to boost growth by resuming mergers and acquisitions

The central theses: China Education Group’s revenue rose just 18% in the first half of its most recent fiscal year, slowing from 28.9% growth a year earlier The company has become China’s largest private education company through aggressive mergers and acquisitions, but has slowed its pace of acquisitions over the past two years […]

Playing the Dating Game: Match Group and Bumble Adapt for Growth,…

key bank Analyst Justin Patterson claims Match Group Inc MTCH if overweight, lower target price from $75 to $60. repeats Patterson Bumblebee Inc BMBL if overweight, lower target price from $28 to $25. The analyst sees potential for Match and Bumble to have better than feared footprints. Match’s 2023 outlook anticipates […]