Dimitrios Kambouris/Getty Images Entertainment Honest Company (NASDAQ:HNST) rallied 6.00% in Tuesday morning trading after Loop Capital upgraded the retailer to a Buy rating from Hold. Analyst Laura Champine noted that shares of Honest (HNST) have declined 26% this year, despite healthy Q1 sales growth, profitability improvements, and a solid balanceContinue Reading
Rail Vision (NASDAQ:RVSN) announced a follow-on order from one of its customers, a US-based rail and leasing services company. The company announced at the beginning of 2024, it has signed a contract valued at up to $5 million for ShuntingYard products. In April 2024, Rail Vision received an initial purchaseContinue Reading
Joe Raedle/Getty Images News Goldman Sachs (GS) said Monday that Hess (NYSE:HES) CEO John Hess has joined its board as an independent director, and will become a member of the Goldman board’s compensation, governance and risk committees. Hess has served since 1995 as the family-run company’s top executive, but plansContinue Reading
Stran & Company (NASDAQ:SWAG) on Monday said it received a written notification from Nasdaq, notifying the company that it is not in compliance with the periodic financial report filing requirement set forth under listing rules since the company has not yet filed its quarterly report on Form 10-Q. The companyContinue Reading
Nidar Infrastructure and special purpose acquisition company Cartica Acquisition (NASDAQ:CITE) on Monday said they have entered into a definitive agreement and plan of merger for a business combination. Nidar is India’s data center provider for artificial intelligence and high-performance compute. The pre-transaction equity value of Nidar implied by the businessContinue Reading
Ivan Cholakov The Pentagon announced Friday that Collins Aerospace, a subsidiary of aerospace and defense company RTX Corporation (NYSE:RTX), has received a defense contract worth $264.6M to provide support services to the U.S. Air Force. The DoD said that the contract related to the DB-110 and MS-110 Reconnaissance Pod programsContinue Reading
