Hershey Expands Sweets Portfolio with Acquisition of Sour Strips

HERSHEY, Pa., Nov. 8, 2024 /PRNewswire/ — The Hershey Company (NYSE: HSY) today announced it has acquired Sour Strips, a fast-growing sour candy brand with a powerful social media presence. Sour Strips’ “sour candy that doesn’t suck” enhances Hershey’s presence in the category and expands its reach to new consumers for more snacking occasions. Continue… Continue reading Hershey Expands Sweets Portfolio with Acquisition of Sour Strips

NorthStar and Modern American Recycling Services form Team to Pursue Dismantlement of Navy’s Defueled Ex-Enterprise in Mobile, AL

Leading Nuclear Industry and Ship Decommissioning Specialists Synergize for Navy’s Novel Project MOBILE, Ala., Nov. 8, 2024 /PRNewswire/ — NorthStar Maritime Dismantlement Services, LLC, a subsidiary of NorthStar Group Services, Inc. (NorthStar) and Modern American Recycling and Radiological Services, LLC (MARRS), a subsidiary of Modern American Recycling Services (MARS) have formed a team to dismantle… Continue reading NorthStar and Modern American Recycling Services form Team to Pursue Dismantlement of Navy’s Defueled Ex-Enterprise in Mobile, AL

Lotus cuts another 200 jobs citing lack of market demand

Lotus has confirmed a new wave of redundancies, with up to 200 jobs expected to be impacted. The move follows significant job cuts in July 2023 and January this year. The Norfolk-based sports car manufacturer says it is still focused on delivering customer cars and “fulfilling our order book”.  In a statement made to Auto Express,… Continue reading Lotus cuts another 200 jobs citing lack of market demand

Delivery Hero’s Middle East business Talabat to launch $1b Dubai IPO next week: reportThe IPO rides a retail spending boom in the Gulf.

Talabat, the Middle East business of Delivery Hero, plans to launch its Dubai initial public offering next week, three people familiar with the plans told Reuters, in one of the UAE’s biggest IPOs this year. The deal, set by the German parent for the fourth quarter, could start as soon as Monday, two of the… Continue reading Delivery Hero’s Middle East business Talabat to launch $1b Dubai IPO next week: reportThe IPO rides a retail spending boom in the Gulf.

Stocks to watch next week: Burberry, SSE, Disney, Alibaba and AstraZeneca

Earnings releases are almost over but there are still a number of major companies across different sectors due to report. In London, Burberry will let investors gauge on how the luxury market is performing, particularly as demand in China for exclusive items appears to be waning. From luxury to utilities, markets are waiting to see… Continue reading Stocks to watch next week: Burberry, SSE, Disney, Alibaba and AstraZeneca

We Think You Should Be Aware Of Some Concerning Factors In Aptiv’s (NYSE:APTV) Earnings

Aptiv PLC’s (NYSE:APTV ) stock didn’t jump after it announced some healthy earnings. We did some digging and believe investors may be worried about some underlying factors in the report. See our latest analysis for Aptiv earnings-and-revenue-history To properly understand Aptiv’s profit results, we need to consider the US$400m expense attributed to unusual items. It’s… Continue reading We Think You Should Be Aware Of Some Concerning Factors In Aptiv’s (NYSE:APTV) Earnings

Adient (ADNT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Adient (ADNT) reported $3.56 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 4.5%. EPS of $0.68 for the same period compares to $0.51 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $3.48 billion, representing a surprise of +2.25%. The company delivered an EPS surprise… Continue reading Adient (ADNT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Adient (ADNT) Surpasses Q4 Earnings and Revenue Estimates

Adient (ADNT) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 21.43%. A quarter ago, it was expected that this… Continue reading Adient (ADNT) Surpasses Q4 Earnings and Revenue Estimates

Adient: Fiscal Q4 Earnings Snapshot

DUBLIN (AP) — DUBLIN (AP) — Adient PLC (ADNT) on Friday reported fiscal fourth-quarter earnings of $79 million. The Dublin-based company said it had profit of 91 cents per share. Earnings, adjusted for non-recurring gains, were 68 cents per share. The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks… Continue reading Adient: Fiscal Q4 Earnings Snapshot

06:50 ETAdient reports fourth quarter and full-year 2024 financial results; provides full-year FY2025 outlookAdient (NYSE: ADNT), a global leader in a…

PLYMOUTH, Mich., Nov. 8, 2024 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its fourth quarter 2024 financial results. Q4 GAAP net income and EPS diluted of $79M and $0.91, respectively; Q4 Adj.-EPS diluted of $0.68 Q4 Adj.-EBITDA of $235M, flat y-o-y; adj.-EBITDA margin of 6.6% up 30bps y-o-y Gross debt… Continue reading 06:50 ETAdient reports fourth quarter and full-year 2024 financial results; provides full-year FY2025 outlookAdient (NYSE: ADNT), a global leader in a…