02:42 PM EDT, 04/05/2024 (MT Newswires) -- Norfolk Southern ( NSC ) minority shareholder Neuberger Berman is backing all seven nominees from Ancora Catalyst Institutional and its affiliates for election to the company's board. Neuberger Berman raised concerns with the company's railroad performance, compared to peers like CSX, and safety and said a change in management and a board refresh...

02:37 PM EDT, 04/05/2024 (MT Newswires) -- Byrna Technologies ( BYRN ) reported fiscal Q1 breakeven earnings Friday, compared with a loss of $0.10 per diluted share a year earlier. Analysts polled by Capital IQ expected a per-share loss of $0.11. Net revenue for the quarter ended Feb. 29 was $16.7 million, up from $8.4 million a year earlier. Analysts...

02:40 PM EDT, 04/05/2024 (MT Newswires) -- The recent share-price pullback of food distribution companies presents a buying opportunity as their relatively defensive business models and normalizing inflation should help offset any top-line weakness, Deutsche Bank said in a note emailed Friday. Frozen potato food processor Lamb Weston ( LW ) on Thursday reported softer-than-expected quarterly results and flagged weak...

MEXICO CITY (Reuters) - SAT Aero Holdings, a U.S. aviation firm hired by Mexico to relaunch state-run airline Mexicana, was accused by President Andres Manuel Lopez Obrador on Friday of breaching its contract, after SAT made similar charges in a lawsuit against the carrier. SAT is seeking at least $841 million in the lawsuit filed last month, alleging that Mexicana...