09:12 AM EDT, 05/09/2024 (MT Newswires) -- The Science Based Targets initiative, a nonprofit backed by the UN that audits companies' emission-reduction plans, has found that carbon credits used by companies to offset greenhouse-gas emissions are largely ineffective, Reuters reported Thursday, citing a confidential preliminary draft it reviewed. Voluntary carbon offsets are used by some of the biggest companies in...

Beyond Meat, Inc. ( BYND ) shares are trading lower in the premarket session on Thursday after ending yesterday’s run with a mild 0.9% dip. On Wednesday, after the closing bell, the company reported first-quarter financial results, where President and CEO Ethan Brown emphasized the company’s dedication for achieving sustainable and profitable operations. The plant-based meat company’s first-quarter revenue decreased 18% year-over-year to $75.603 million.  In the wake of a surge...

09:08 AM EDT, 05/09/2024 (MT Newswires) -- Cedar Fair ( FUN ) reported a fiscal Q1 net loss Thursday of $133.5 million, narrowing from a loss of $134.5 million a year earlier. The entertainment company did not provide per-share earnings for the quarter or year-earlier period. Net revenue for the quarter ended March 31 was $101.6 million, up from $84.6...

09:07 AM EDT, 05/09/2024 (MT Newswires) -- TELUS International on Thursday reported first-quarter adjusted earnings of US$65 million ($89.1 million), or US$0.22 per diluted share, up 3% from US$63 million, or US$0.23 per diluted share, a year earlier. Analysts polled by Capital IQ expected US$0.19. Revenue for the quarter ended March 31 was US$657 million, down 4% from US$686 million...