stocks News
Performance Food Group shares plunge 14% on earnings miss, guidance cut
Food distributor lowers full-year outlook amid challenging consumer environment and foodservice deflation
Lamb Weston appoints AB InBev veteran Craps as executive chair
Frozen potato processor adds seasoned beverage executive to accelerate 'Focus to Win' cost-cutting strategy
Phillips 66 surges after earnings beat and $2bn debt reduction
Refiner delivers record operational metrics as activist Elliott Management continues pressure for strategic review
Brookfield Asset Management surges after record $112B fundraising, dividend hike
Alternative asset manager beats earnings estimates by 17% and launches $100B AI infrastructure program
RTX surges on landmark Pentagon missile production contracts
Five framework agreements will boost output of Tomahawk, AMRAAM and SM-6 missiles by 2-4 times over seven years
BetMGM turns profitable as MGM shares gain on record results
Joint venture delivered $2.8B in FY2025 revenue with $220M EBITDA, targeting $500M profit by 2027
YUM surges on earnings beat, Taco Bell momentum drives dividend hike
Fast-food giant exceeds analyst expectations with 16.8% EPS beat and accelerates shareholder returns
Flex surges on record margins, strong AI data center demand
Contract manufacturer beats earnings estimates, raises guidance as diversified strategy pays off