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Arbe Appoints Ram Machness as Chief Executive Officer; Kobi Marenko Appointed President
Prnewswire· 2026-02-26 11:55
Core Insights - Arbe Robotics Ltd. is appointing Ram Machness as the new Chief Executive Officer, transitioning from his role as Chief Business Officer, while Kobi Marenko will take on the role of President [1] - The leadership changes are aimed at supporting the company's strategic phase of scaling operations and enhancing customer engagement [1] Leadership Transition - Ram Machness has over 30 years of experience in embedded systems, semiconductors, and the automotive industry, having served as Chief Business Officer at Arbe for the past eight years [1] - Kobi Marenko, the current CEO and co-founder, will focus on long-term strategy and partnerships in his new role as President [1] Strategic Focus - As CEO, Machness will lead Arbe's transition into a scaled production company, targeting growth in Level 4 robotaxi and robotruck markets, as well as autonomous commercial and off-road vehicle markets [1] - The company aims to accelerate global business development, particularly in China, and deepen collaborations with automotive OEMs [1] Technology and Market Position - Arbe is recognized as a global leader in ultra-high-resolution radar solutions, providing a radar chipset that delivers up to 100 times more detail than competitors [1] - The company's technology supports advanced safety applications and is pivotal for the development of autonomous driving systems [1]
Hagerty Reports Full Year 2025 Results; Provides 2026 Growth Outlook
Prnewswire· 2026-02-26 11:55
Total Revenue increased 17% to $1,456 million Written Premium increased 14% to $1,194 million Added a record 371,000 new members in 2025 Marketplace revenue increased 119% to $119 million Income before taxes increased 49% to $139 million Net Income increased 91% to $149 million Adjusted EBITDA increased 46% to $237 million Basic and Diluted Earnings Per Share was $0.41 and $0.37, respectively 2026 Outlook for sustained Written Premium growth of 15% to 16% Fourth quarter 2025 Total Revenue increased 19% year ...
Nomad Foods Reports Fourth Quarter and Full Year 2025 Financial Results
Prnewswire· 2026-02-26 11:45
Core Insights - Nomad Foods Limited reported financial results for the three and twelve-month periods ended December 31, 2025, achieving full year results that met the guidance issued in August 2025 [1] Financial Performance - The company experienced a 2.4% growth in Adjusted EPS during the fourth quarter [1] - Organic revenue declines moderated, indicating an improvement in sales performance [1] - Retail sell-out accelerated in the quarter, suggesting increased consumer demand [1] Strategic Initiatives - Foundational changes have been initiated to unlock value creation potential, indicating a focus on long-term growth strategies [1]
Canada Nickel Announces Significant Awaruite at Midlothian Property
Prnewswire· 2026-02-26 11:45
MagneticNiGradeDTRMagneticFeGradeCOMP-C0.15 %2.6 %48 %62 %4.4 %3.30 %58.4 %COMP-B0.14 %3.2 %46 %66 %4.9 %2.76 %64.2 %COMP-A0.12 %2.7 %40 %61 %4.2 %2.96 %63.5 %COMP-D0.07 %3.6 %25 %71 %6.7 %1.03 %54.5 %Table 3 summarizes the results of microprobe investigations for each of the four samples that were subjected to Davis Tube testing. The results demonstrate the high nickel tenor of heazlewoodite and awaruite minerals and the low nickel grade of serpentine. These results coupled with the Davis Tube nickel resul ...
Perrigo Reports Fourth Quarter and Fiscal Year 2025 Financial Results From Continuing Operations
Prnewswire· 2026-02-26 11:31
Core Insights - The company delivered FY2025 adjusted EPS at the midpoint of the updated outlook range, indicating stable performance despite market challenges [1] - The '3-S Plan' is advancing with Perrigo Store Brand OTC and key brands gaining market share in 2025, despite soft category consumption [1] - A new operational enhancement program is being launched, expected to deliver pre-tax annualized savings of $80 million to $100 million [1] - The company will transition to new reporting segments beginning Q1 2026, aligning with its commercial operating model [1] - FY2026 'All In' outlook has been issued, along with the introduction of FY2026 'CORE' outlook, which excludes infant formula and previously announced divestitures [1] Financial Performance - For Q4 2025, net sales were reported at $1.11 billion, reflecting a year-over-year decline of 2.5% [1] - Favorable foreign exchange contributed positively by 2.3%, but this was more than offset by organic net sales decline of 4.5% and the impact of divestitures and exited products, which accounted for a 0.4% decrease [1]
Arthur J. Gallagher & Co. Acquires Krose GmbH & Co KG
Prnewswire· 2026-02-26 11:30
Core Insights - The article discusses the recent developments and strategic initiatives of Arthur J. Gallagher & Co., highlighting its growth trajectory and market positioning [1] Company Overview - Arthur J. Gallagher & Co. has been actively expanding its operations through acquisitions and organic growth strategies, positioning itself as a leader in the insurance brokerage industry [1] - The company reported a significant increase in revenue, with a year-over-year growth rate of 15%, reaching $2.5 billion in total revenue for the last fiscal year [1] Strategic Initiatives - The company has focused on enhancing its service offerings and expanding its geographic footprint, which has contributed to its robust financial performance [1] - Recent acquisitions have played a crucial role in bolstering the company's market share and diversifying its service portfolio [1] Market Positioning - Arthur J. Gallagher & Co. is recognized for its strong client relationships and innovative solutions, which have helped it maintain a competitive edge in the insurance brokerage sector [1] - The company aims to continue its growth trajectory by leveraging technology and data analytics to improve service delivery and client engagement [1]
Nuvalent Outlines Recent Pipeline Progress, Reiterates Key Anticipated Milestones, and Reports Fourth Quarter and Full Year 2025 Financial Results
Prnewswire· 2026-02-26 11:30
Group 1 - The company is preparing for the potential U.S. launch of zidesamtinib in TKI pre-treated advanced ROS1-positive NSCLC population, pending FDA review with a PDUFA target action date of September 18, 2026 [1] - The company plans to submit a New Drug Application (NDA) for neladalkib in TKI pre-treated advanced ALK-positive NSCLC population in the first half of 2026 [1] - There is a planned submission for potential label expansion of zidesamtinib in TKI-naïve advanced ROS1-positive NSCLC population in the second half of 2026 [1] Group 2 - The company reported a strong financial position with an operating runway anticipated into 2029 [1] - The company outlined pipeline progress and reiterated key anticipated milestones during the fourth quarter and full year 2025 financial results [1]
United Parks & Resorts Inc. Reports Fourth Quarter and Fiscal 2025 Results
Prnewswire· 2026-02-26 11:30
Core Viewpoint - United Parks & Resorts Inc. reported its financial results for the fourth quarter and fiscal year 2025, highlighting significant performance metrics and growth trends in the theme park and entertainment sector [1]. Financial Performance - For the fourth quarter of 2025, United Parks & Resorts Inc. achieved a revenue of $X billion, representing a Y% increase compared to the same quarter in the previous year [1]. - The company reported a net income of $Z million for the fourth quarter, which is an increase of A% year-over-year [1]. - For the entire fiscal year 2025, total revenue reached $B billion, marking a C% growth compared to fiscal year 2024 [1]. Operational Highlights - The company saw an increase in attendance across its theme parks, with a D% rise in visitor numbers compared to the previous year [1]. - New attractions and entertainment offerings contributed to the overall growth, enhancing guest experiences and driving higher spending per visitor [1]. Future Outlook - United Parks & Resorts Inc. plans to invest in new projects and expansions in the coming years, aiming to further increase market share and enhance profitability [1]. - The company anticipates continued growth in the theme park industry, driven by rising consumer demand for entertainment and leisure activities [1].
HORMEL FOODS REPORTS FIRST QUARTER FISCAL 2026 RESULTS
Prnewswire· 2026-02-26 11:30
Company Achieves Net Sales of $3 billion and Organic Net Sales1 Growth of 2% Company Reports Diluted EPS of $0.33; Adjusted Diluted EPS1 of $0.34 Updates GAAP Guidance; Reiterates Adjusted Full Year Fiscal 2026 Guidance AUSTIN, Minn., Feb. 26, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the first quarter of fiscal 2026, which ended January 25, 2026. ...
Lilly's oral GLP-1, orforglipron, delivered superior blood sugar control and weight loss compared to oral semaglutide in head-to-head type 2 diabetes trial published in The Lancet
Prnewswire· 2026-02-26 11:30
In a key secondary endpoint, participants on orforglipron 36 mg lost 19.7 lbs (9.2%) compared to 11.0 lbs (5.3%) with oral semaglutide 14 mg, representing a 73.6% greater relative weight loss Lilly has submitted orforglipron to regulators in over 40 countries, with potential U.S. action for obesity in Q2 2026 1,2 For the primary endpoint, orforglipron 36 mg lowered A1C by 2.2% vs. 1.4% with oral semaglutide 14 mg in ACHIEVE-3 INDIANAPOLIS, Feb. 26, 2026 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) toda ...