08:02 AM EDT, 05/03/2024 (MT Newswires) -- Norfolk Southern ( NSC ) activist shareholder Ancora Holdings said Friday that advisory firm Egan-Jones has backed its slate of seven nominees to the railroad company's board. According to Ancora, Egan-Jones said its director nominee slate will provide a pathway for growth and competent railroad services and restore public trust at the same...

Hershey Company ( HSY ) shares are trading higher after the reported better-than-expected first-quarter FY24 earnings. The company reported first-quarter FY24 sales growth of 8.9% year-on-year to $3.252 billion, beating the analyst consensus estimate of $3.112 billion. Hershey’s North America Confectionery segment net sales rose 10.4% Y/Y to $2.707 billion. Sales for Hershey’s International segment increased 1.8% to $270.3 million. Gross margin...

08:04 AM EDT, 05/03/2024 (MT Newswires) -- Balchem ( BCPC ) reported Q1 adjusted net earnings Friday of $1.03 per diluted share, up from $ $0.94 a year earlier. Two analysts polled by Capital IQ expected $0.98. Net sales for the quarter ended March 31 was $239.7 million, up from $232.5 million a year earlier. Two analysts surveyed by Capital...

08:04 AM EDT, 05/03/2024 (MT Newswires) -- TransAlta ( TAC ) reported Friday lower attributable net earnings in the first quarter although the results exceeded analyst expectations. The power generation company booked net profit of $222 million, or $0.72 per share, dropping from $294 million, or $1.10 per share, recorded in the year-ago quarter. The result beat the S&P Capital...