09:21 AM EDT, 05/07/2024 (MT Newswires) -- Ballard Power Systems ( BLDP ) on Tuesday said its first-quarter net loss widened 27% to US$41.1 million ($56.2 million), or US$0.14 per share, from a loss of US$$32.4 million, or US$0.11 per share, a year earlier. Analysts polled by Capital IQ expected a loss of US$0.14. Revenue for the quarter ended March...

May 7 (Reuters) - Privately held contract manufacturer Future Pak said on Tuesday it will sweeten its buyout offer for Vanda Pharmaceuticals ( VNDA ) to include contingent value rights, in addition to the proposed offer price of $7.25 to $7.75 per share in cash for the drugmaker. The rights would provide additional benefits to Vanda shareholders if certain performance...

Walt Disney Co ( DIS ) shares are trading lower Tuesday following the second-quarter earnings. The company reported revenue growth of 1% year-on-year to $22.08 billion, marginally missing the consensus of $22.11 billion. Adjusted EPS of $1.21 beat the consensus of $1.09. Segments: Entertainment revenue declined by 5% year over year to $9.8 billion. Sports revenue grew 2% year over year to $4.3 billion. Experiences...

May 7 (Reuters) - Logistics provider Expeditors International of Washington ( EXPD ) beat Wall Street estimates for first-quarter profit on Tuesday, helped by increased volumes in its air and ocean freight units. Its air freight tonnage volume increased 4%, whereas ocean container volume saw a 2% increase. The company reported a net income of $169.2 million, or $1.17 per...