latest news in companies

FedEx Shows Strong Q1 Earnings Growth Amid Strategic Shifts

FedEx Shows Strong Q1 Earnings Growth Amid Strategic Shifts

Memphis, Friday, 19 September 2025.
FedEx reports a Q1 revenue of $22.2 billion, marking a year-over-year increase. The company completed $500 million in share repurchases and plans to spin off FedEx Freight by June 2026.

SMX Plastics Passport Revolutionizes Recycling for 'Ghost Plastics'

SMX Plastics Passport Revolutionizes Recycling for 'Ghost Plastics'

New York, Thursday, 18 September 2025.
SMX Technologies launched the SMX Plastics Passport on 18 September 2025, making previously ‘unrecyclable’ ghost plastics visible and trackable, promising a significant impact on sustainability and infrastructure.

Darden Restaurants' Earnings Miss But Revenue Forecast Increases

Darden Restaurants' Earnings Miss But Revenue Forecast Increases

Orlando, Thursday, 18 September 2025.
Darden Restaurants, owner of Olive Garden, missed Q1 earnings expectations but raised its revenue forecast, reflecting strategic confidence despite economic pressures.

TJX Companies Surpasses Expectations with Q3 2025 Earnings Boost

TJX Companies Surpasses Expectations with Q3 2025 Earnings Boost

Framingham, Thursday, 18 September 2025.
TJX Companies Inc reported a 4% increase in consolidated comparable sales for Q3 2025, surpassing market expectations and showcasing resilience in retail amidst economic fluctuations.

Elon Musk's Pay and Delaware's Corporate Shift: A Turning Point

Elon Musk's Pay and Delaware's Corporate Shift: A Turning Point

New York, Thursday, 18 September 2025.
Tesla’s move from Delaware to Texas after Musk’s $56 billion pay package rejection highlights a shift in corporate incorporation trends, challenging Delaware’s dominance.

EON Resources Executives Show Confidence with Large Stock Purchases

EON Resources Executives Show Confidence with Large Stock Purchases

Midland, Thursday, 18 September 2025.
EON Resources’ management bought 411,000 shares, totaling 1,076,000 this quarter, signaling strong confidence in the company’s future amidst a challenging energy market.

Lyno AI Presale Surpasses Expectations with Over 637,520 Tokens Sold

Lyno AI Presale Surpasses Expectations with Over 637,520 Tokens Sold

Road Town, Wednesday, 17 September 2025.
Lyno AI’s presale success, with over 637,520 tokens sold, reflects strong market interest in AI technologies, signaling a shift in investment trends towards innovative AI-driven platforms.

StubHub Shares Open on NYSE at $25.35 After IPO

StubHub Shares Open on NYSE at $25.35 After IPO

New York, Wednesday, 17 September 2025.
StubHub debuts on the NYSE, opening at $25.35 per share. The IPO raised $800 million, valuing the company at $8.6 billion, amidst a resurgence in live event ticketing demand.

Consero Global Strengthens Leadership with Strategic Technology Appointments

Consero Global Strengthens Leadership with Strategic Technology Appointments

Austin, Wednesday, 17 September 2025.
Consero Global appoints Brock Kahanyshyn as Chief Information Security Officer and Tyler Nelson as Chief Corporate Development & Information Systems Officer to drive innovation and growth.

Adobe's Stock Rises Despite Mixed Earnings Report

Adobe's Stock Rises Despite Mixed Earnings Report

San Jose, Wednesday, 17 September 2025.
Adobe’s stock gained as the company provided an optimistic sales forecast, despite reporting earnings per share of $2.62, which fell short of Wall Street expectations.