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CAE Q4: Earnings Beat, 32% Revenue Growth & More

By Nabaparna Bhattacharya
May 31, 11:01 AM
CAE Inc. (NYSE:CAE) reported fourth-quarter FY23  quarterly sales of $929.45 million, which beat the analyst consensus estimate of $882.41 million. Sales…

CAE

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American Airlines Raises Q2 Profit Guidance Citing Stronger Demand

By Akanksha Bakshi
May 31, 10:34 AM
American Airlines Group Inc (NASDAQ:AAL) updated its financial and operational guidance for 2Q23. AAL now expects Adjusted EPS of $1.45-$1.65 (prior…

AAL

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Donaldson Q3: Earnings Beat, Tightened FY23 Outlook & More

By Lekha Gupta
May 31, 9:52 AM
Donaldson Co Inc (NYSE:DCI) reported a Q3 FY23 sales increase of 2.6% Y/Y to $875.7 million beating the consensus of…

DCI

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Apple At WWDC: Expect Next Big-Product Details, Especially When It Comes To AI, Analyst Says

By Shanthi Rexaline
May 31, 9:46 AM
Apple, Inc. (NASDAQ:AAPL) is set to kick-start its annual Worldwide Developers Conference on June 5. Wedbush analyst Dan…

AAPL

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Bowlero Acquires Lucky Strike Entertainment For $90M, Adding 14 Locations Across Nine States

By Shivani Kumaresan
May 31, 9:29 AM
Bowlero Corp (NYSE:BOWL) has entered into a definitive agreement to acquire substantially all of the assets of Lucky Strike Entertainment LLC, an upscale bowling…

BOWL

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Viasat Closes Inmarsat Buyout, Albeit At Reduced Cash Portion Of Acquisition Price

By Lekha Gupta
May 31, 9:22 AM
Viasat Inc (NASDAQ:VSAT) completed the previously announced acquisition of mobile satellite communications services provider Inmarsat. Per the terms, Inmarsat’s shareholders…

VSAT

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Why Frontline Shares Are Falling Today

By Akanksha Bakshi
May 31, 9:10 AM
Frontline Plc (NYSE:FRO) reported a first-quarter FY23 operating revenue increase of 128.7% year-over-year to $497.33 million, beating the consensus of $356.5…

FRO

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Capri Holdings Q4: Earnings Beat, 10.5% Revenue Decline, Near-Term Uncertainties In The Americas & More

By Shivani Kumaresan
May 31, 8:57 AM
Capri Holdings Ltd (NYSE:CPRI) reported a fourth-quarter FY23 sales decline of 10.5% year-on-year to $1.33 billion, beating the analyst consensus estimate…

CPRI

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Toyota Discloses Yet Another Customer Data Security Breach

By Lekha Gupta
May 31, 8:28 AM
Today, Toyota Motor Corp (NYSE:TM) released a statement cautioning against the risk of data leaks of customers in Asia and Oceania (excluding…

TM

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KKR Buys Industrial Parks In The Phoenix And Atlanta Markets For $250M

By Nabaparna Bhattacharya
May 31, 8:16 AM
KKR & Co. Inc. (NYSE:KKR) acquired an industrial park in Phoenix, Arizona, and an industrial warehouse in Atlanta, Georgia,…

KKR

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