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Sanderson Farms, Inc. (SAFM) reported second-quarter net income of $321.2 million, or $14.39 per share, compared to $96.9 million, or $4.34 per share, prior year. The company said the increase in net income is primarily attributable to significantly higher average selling prices, partially offset by...

Hasbro, Inc. (HAS) said independent proxy advisory firm Glass, Lewis & Co. has recommended that the company's shareholders vote for all of Hasbro's Director Nominees in connection with the Annual Shareholders Meeting. Glass Lewis believes Alta Fox failed to make a sufficient case for change, the company...

The board of directors of home improvement company Lowe's Cos., Inc. (NYSE: LOW) has declared a 31 percent higher quarterly cash dividend of $1.05 per share, payable August 3, 2022, to shareholders of record as of July 20, 2022. Lowe's has paid a cash dividend every quarter since going public in...

Software company Synopsys, Inc. (SNPS) announced Friday that it has entered into an accelerated share repurchase agreement (ASR) with Wells Fargo Bank, NA to repurchase an aggregate of $200 million of Synopsys stock. Under the terms of the ASR, Synopsys will receive an aggregate initial share delivery...

Immersion Corp. (IMMR) has filed a complaint against Meta Platforms, Inc. in the United States District Court for the Western District of Texas alleging that Meta's augmented and virtual reality systems infringe six Immersion patents. These patents cover various uses of haptic effects in connection with...

Southwest Gas Holdings, Inc. (SWX) announced Friday Senior Vice President and Chief Financial Officer Gregory Peterson's intention to retire no later than October 2022, after over 26 years of service. The Company has initiated a search process to identify the Company's next CFO and has urged Peterson's...

Canopy Growth Corp. (CGC, WEED.TO) reported that its fourth-quarter net loss attributable to the company was C$574.62 million or C$1.46 per share, sharply narrower than C$699.98 million or C$1.85 per share in the prior-year quarter. On average, eight analysts polled by Thomson Reuters expected the...

Amneal Pharmaceuticals, Inc. (AMRX) announced the FDA has approved the company's Biologics License Application for pegfilgrastim-pbbk, a biosimilar referencing Neulasta. The product will be marketed under the name FYLNETRA. FYLNETRA was developed in collaboration with Kashiv Biosciences. It is used...

While reporting its results for the first quarter on Thursday, Ulta Beauty, Inc. (ULTA) lifted its outlook for the full year 2022. The shares jumped 6% in extended trading. Looking forward, the company now expects earnings of $19.20 to $20.10 per share and revenues of $9.35 billion to $9.55 billion....

While reporting its results for the first quarter on Thursday, cloud computing Workday Inc. (WDAY), revised its outlook for the full year. Workday Chief Financial Officer Barbara Larson said that the company is raising fiscal 2023 subscription revenue to be in the range of $5.537 billion to $5.557...

While reporting its results for the first quarter on Thursday, Autodesk Inc. (ADSK) lowered its outlook for the full year. Looking forward, the company now expects earnings of $3.24 to $3.47 per share, adjusted earnings of $6.43 to $6.66 per share and revenues of $4.96 billion to $5.06 billion. Previously,...

JetBlue Airways Corp. (JBLU) on Thursday provided an operational and financial update of its business for the second quarter of 2022. JetBlue said the operational performance has improved steadily since early April as a result of the investments the Company has made to enhance operational reliability...

The U.S. Food and Drug Administration has granted Fast Track designation to Pfizer Inc.'s (PFE) investigational combination therapy for the treatment of non-alcoholic steatohepatitis or NASH with liver fibrosis: ervogastat and clesacostat. Fast Track is a process designed to facilitate the development...

Brady Corp. (BRC) reported that its third quarter EPS excluding certain items increased 17.8 percent to $0.86 from $0.73, prior year. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.80, for the quarter. Analysts' estimates typically exclude special...

Omni-channel fashion retailer Macy's, Inc. (M) reported Thursday a first-quarter net income of $286 million or $0.98 per share, sharply higher than $103 million or $0.32 per share in the prior-year quarter. Excluding items, adjusted net income for the quarter was $315 million or $1.08 per share, compared...

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