03:15 PM EDT, 08/15/2024 (MT Newswires) -- Abercrombie & Fitch's ( ANF ) Q2 sales momentum may lead earnings per share to top estimates by 16 cents and spur a boost in 2024 guidance, UBS Securities said Thursday in a report. Wall Street is already modeling 2024 EPS above the company's implied outlook, likely limiting the extent of upward revisions...

03:10 PM EDT, 08/15/2024 (MT Newswires) -- Helmerich & Payne (HP) said Thursday it secured a $400 million term loan facility. The loan will help finance the company's $1.97 billion acquisition of drilling firm KCA Deutag International. Meanwhile, the company said its lenders agreed to raise the upper limit of its revolving credit facility to $950 million from $750 million...

Aug 15 (Reuters) - Lykos Therapeutics said on Thursday it would reduce its workforce by 75% and initiate some executive changes, days after the U.S. Food and Drug Administration declined approval for its MDMA-based treatment for post-traumatic stress disorder. Lykos, formerly known as MAPS Public Benefit Corp, said its founder Rick Doblin was leaving the company's board. It said it...

WASHINGTON, Aug 15 (Reuters) - The U.S. State Department has approved the possible sale of up to 600 Patriot missiles to Germany for an estimated cost of $5 billion, the Pentagon said on Thursday. The prime contractor will be Lockheed Martin ( LMT ), the Pentagon said. ...