latest news in companies

Lennar Misses Earnings Expectations Despite Revenue Beat and Surge in New Orders

Lennar Misses Earnings Expectations Despite Revenue Beat and Surge in New Orders

Miami, Wednesday, 17 December 2025.
Despite exceeding revenue forecasts and seeing an 18% surge in new orders, Lennar’s Q4 profits dropped by over half to $490 million as tighter margins weighed on performance.

Toro Company Surpasses Profit Expectations on Professional Sector Strength

Toro Company Surpasses Profit Expectations on Professional Sector Strength

Bloomington, Wednesday, 17 December 2025.
Toro outperformed forecasts with record free cash flow of $578 million, as robust professional equipment sales successfully counterbalanced a sharp decline in residential revenue.

Winnebago Industries Appoints John Murabito to Lead Board of Directors

Winnebago Industries Appoints John Murabito to Lead Board of Directors

Eden Prairie, Wednesday, 17 December 2025.
Winnebago Industries elevates independent director John Murabito to Board Chair and declares a $0.35 quarterly dividend, reinforcing strategic continuity and shareholder returns for the outdoor recreation giant.

Vantage Drilling Marks Significant Capital Return as Shares Trade Ex-Dividend

Vantage Drilling Marks Significant Capital Return as Shares Trade Ex-Dividend

Dubai, Wednesday, 17 December 2025.
Vantage Drilling International shares trade ex-dividend today, December 17, triggering a substantial $5.00 per share payout that highlights a major return of capital to shareholders amid expected price adjustments.

Suspect Arrested in Mississippi for Hiding Razor Blades in Walmart Bakery Products

Suspect Arrested in Mississippi for Hiding Razor Blades in Walmart Bakery Products

Biloxi, Wednesday, 17 December 2025.
Authorities charged a Texas woman with attempted mayhem on December 16 after discovering razor blades and a fishing hook concealed inside bakery items at two Biloxi Walmart stores.

Faraday Future Advances Middle East Strategy with Second UAE Vehicle Delivery

Faraday Future Advances Middle East Strategy with Second UAE Vehicle Delivery

Ras Al Khaimah, Wednesday, 17 December 2025.
On December 22, Faraday Future will deliver its second FX Super One in the UAE to Ras Al Khaimah Innovation City, accelerating its commercial expansion within the Middle East region.

Hidden Inventory and Finance Risks Trigger Securities Fraud Suits Against CarMax and James Hardie

Hidden Inventory and Finance Risks Trigger Securities Fraud Suits Against CarMax and James Hardie

New York, Wednesday, 17 December 2025.
Hagens Berman has initiated class-action lawsuits against CarMax and James Hardie, alleging both firms concealed critical operational risks—specifically regarding auto finance instability and inventory loading—that precipitated stock crashes of up to 44%. Investors face imminent deadlines to petition as lead plaintiffs.

Wells Fargo Forecasts Costco Special Dividend for Early 2026

Wells Fargo Forecasts Costco Special Dividend for Early 2026

Issaquah, Wednesday, 17 December 2025.
Despite recent stock dips, Costco’s $15 billion cash reserves signal a potential payout. Wells Fargo anticipates a special dividend in early 2026, aligning with the retailer’s three-year historical cycle.

Hagens Berman Investigates Multiple Companies After Fraud Allegations Trigger Major Stock Crashes

Hagens Berman Investigates Multiple Companies After Fraud Allegations Trigger Major Stock Crashes

New York, Wednesday, 17 December 2025.
Legal scrutiny intensifies as Rezolute shares plummet 90% and Stride faces “ghost student” fraud allegations, prompting urgent calls for investors to submit claims before January deadlines.

Kraft Heinz Appoints Steve Cahillane CEO to Steer Upcoming Corporate Split

Kraft Heinz Appoints Steve Cahillane CEO to Steer Upcoming Corporate Split

Chicago, Tuesday, 16 December 2025.
Effective January 1, 2026, former Kellanova chief Steve Cahillane takes the helm at Kraft Heinz, leveraging his specific experience leading Kellogg’s breakup to guide the food giant’s own strategic separation.