The first smart lithium battery system in the RV and marine industries to feature an open, protocol-compatible communication ecosystem.Shenzhen, China, June 26, 2025 (GLOBE NEWSWIRE) -- LiTime, a global pioneer in energy innovation, has launched its fifth-generation T5.0 technology platform alongside compatible products. The breakthrough solution supports both CAN and RS485 communication protocols, enables OTA updates, and delivers native integration with leading RV and marine energy systems. By dismantling ...

Company will sustain force protection systems across the globeFALLS CHURCH, Va., June 26, 2025 /PRNewswire/ -- General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE: GD), announced today that it was awarded a $580 million Integrated Base Defense Sustainment Support task order to continue enhancing the security and readiness of U.S. Army bases. The task order, awarded in May, includes a one-year base period and four option years. GDIT Awarded Task Order to Enhance Secu ...

Group 1 - Rivian has laid off approximately 140 employees, representing about 1% of its workforce, as part of preparations for the launch of its R2 SUV in 2026 [1] - The layoffs primarily affected Rivian's manufacturing team and were initiated to address "process inefficiencies" [1] - The company confirmed the layoffs and stated that affected employees are encouraged to apply for other positions within the organization [1] Group 2 - At the beginning of the year, Rivian had over 14,800 employees in North America and Europe, as reported in its annual filing with the SEC [2] - The company has implemented multiple workforce reductions in recent years, including a 10% cut in early 2024 and another layoff of around 1% in April 2024 [2]

Offer to acquire substantially all of Sonim's assets for a cash purchase price of $25 millionPurchase price equates to a price per share of $2.418Hauppauge, New York--(Newsfile Corp. - June 26, 2025) - Orbic North America, LLC ("Orbic"), an international leader in mobile technology innovation, sent a revised acquisition proposal letter to Sonim Technologies, Inc. (NASDAQ: SONM) ("Sonim" or the "Company"), today in which Orbic re-emphasized Orbic's interest in negotiating a mutually agreeable transaction wi ...

Concentrix Corporation CNXC will release earnings results for the second quarter, after the closing bell on Thursday, June 26.Analysts expect the Newark, California-based company to report quarterly earnings at $2.75 per share, up from $2.69 per share in the year-ago period. Concentrix projects to report quarterly revenue at $2.38 billion, compared to $2.38 billion a year earlier, according to data from Benzinga Pro.On March 26, Concentrix reported quarterly earnings of $2.79 per share, which beat the analy ...

Core Viewpoint - Winnebago Industries (WGO) reported mixed financial results for the third quarter of fiscal 2025, with adjusted earnings per share beating estimates but revenues falling short of expectations and declining year over year [1]. Financial Performance - Adjusted earnings per share for Q3 fiscal 2025 were 81 cents, surpassing the Zacks Consensus Estimate of 79 cents, but down from $1.13 in the same period last year [1]. - Total revenues for the quarter were $775.1 million, missing the Zacks Consensus Estimate of $788 million and reflecting a 1.39% decline year over year [1]. Segmental Performance - **Towable RV Segment**: Revenues decreased by 3.8% year over year to $371.7 million, missing the estimate of $428.5 million. Deliveries increased by 2.5% to 9,495 units but fell short of the estimate of 10,066 units. Adjusted EBITDA declined 15.7% to $35.4 million, below the estimate of $43.5 million due to high warranty expenses and lower efficiency [2]. - **Motorhome RV Segment**: Revenues fell 2.6% year over year to $291.2 million, exceeding the estimate of $239.6 million. Deliveries dropped 14.8% to 1,431 units but surpassed the estimate of 1,309 units. Adjusted EBITDA plummeted 77.7% to $3 million, missing the estimate of $16.3 million due to higher discounts and operational inefficiencies [3]. - **Marine Segment**: Revenues rose 14.6% year over year to $100.7 million, exceeding the estimate of $93.9 million. Deliveries increased by 11.3% to 1,254 units, also surpassing the estimate of 1,196 units. Adjusted EBITDA grew 37% to $11.6 million, exceeding the expectation of $9.8 million [4]. Financial Outlook - As of May 31, 2025, Winnebago had cash and cash equivalents of $10.5 million and long-term debt of $539.9 million. The company revised its fiscal 2025 revenue guidance to a range of $2.7 billion to $2.8 billion, down from $2.8 billion to $3 billion. Adjusted EPS is now estimated between $1.20 and $1.70, compared to the previous range of $2.75 to $3.75 [5]. Zacks Rank - Winnebago currently holds a Zacks Rank of 5 (Strong Sell) [6].

Projecting sign with Nike swoosh logo outside retail store against blue sky and high-rise buildings, ... More San Francisco, California, May 13, 2025. (Photo by Smith Collection/Gado/Getty Images)Gado via Getty Images Nike is scheduled to report earnings after Thursday’s close. The stock hit a record high of $179.10/share in 2021 and is currently trading near $62. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, ...

Core Insights - BASF SE has launched InVigor Gold, a new solution aimed at enhancing the canola market, particularly in Canada and the United States [1][4] - InVigor Gold is designed to provide heat tolerance, yield stability, and disease resistance, making it suitable for challenging growing conditions [2][7] - The product has demonstrated an 8% yield advantage over traditional canola in trials conducted from 2022 to 2024 [3][7] Product Features - InVigor Gold incorporates LibertyLink herbicide technology, offering pod shatter resistance and strong blackleg disease resistance [2][7] - The innovation is backed by BASF's extensive germplasm and a leading breeding team, ensuring high-quality canola properties [2] Market Position - BASF has a long-standing reputation in the canola seed market, with over 25 years of experience and a robust portfolio of InVigor hybrids [4] - The product is expected to be available in the U.S. by 2027 and in Canada later this decade or early next decade, subject to regulatory approval [4] Stock Performance - BASF's stock (BASFY) has increased by 3.2% over the past year, contrasting with a 20.9% decline in the industry [6]

Group 1 - The Combined General Meeting of Maisons du Monde shareholders took place on June 26, 2025, with a quorum of 76.08% [1] - All resolutions submitted for vote were adopted by a very large majority, resulting in a Board of Directors with 58% independent members [2] - John Browett was appointed as Chairman of the Board, bringing over 25 years of experience in the retail sector, particularly in furniture and home décor [3] Group 2 - François-Melchior de Polignac expressed confidence in John Browett's leadership to drive the transformation of the Group, acknowledging the contributions of Françoise Gri [4] - John Browett emphasized his commitment to leveraging his expertise to accelerate the company's transformation [4] - The financial calendar includes the Half-Year 2025 Results on July 25, 2025, and Q3 2025 Sales on October 23, 2025 [5] Group 3 - The meeting approved the annual and consolidated financial statements for fiscal year 2024 and the proposed appropriation of profit [7] - The Board of Directors saw changes with the renewal of Cécile Cloarec's mandate and the appointment of Casa Holdings and Teleios Global Opportunities Master Fund as directors [7]

Core Insights - Tesla's vice president Omead Afshar has been fired by CEO Elon Musk, marking a significant leadership change within the company [1] - Afshar's departure coincides with a notable decline in Tesla's sales, with the company experiencing its first annual drop in car sales since it began mass production of electric vehicles over a decade ago [2] - The company is facing challenges, including a 71% year-over-year decline in profits in Q1 and a nearly 28% drop in European sales year-over-year in May [3] Group 1: Leadership Changes - Omead Afshar was a key executive at Tesla, having joined in 2017 and played a significant role in the construction of Tesla's factory in Austin, Texas [4] - His recent support for Tesla's robotaxi service indicates his involvement in the company's strategic initiatives prior to his dismissal [2] - Following Afshar's exit, Tesla's director of HR for North America, Jenna Ferrua, has also left the company, suggesting potential broader changes in the leadership team [7] Group 2: Sales and Financial Performance - Tesla's sales growth has stalled, with fewer cars sold in 2024 compared to 2023, marking a critical turning point for the company [2] - The company's profits have significantly decreased, with a reported 71% drop year-over-year in the first quarter of 2025 [3] - Upcoming reports on global delivery figures and financial results are expected to provide further insights into Tesla's performance [3]