Ralph Lauren Corp ( RL ) shares are trading higher on Thursday after the company reported fourth-quarter FY25 financial results. The luxury fashion company reported sales growth of 8% year-on-year (Y/Y) to $1.70 billion, beating the analyst consensus estimate of $1.64 billion. Adjusted EPS of $2.27 beat the consensus estimate of $2.00. Revenue in North America increased by 6% Y/Y to $705 million, Europe jumped by 12% Y/Y to $526 million, and Asia climbed by 9% Y/Y to $432 million. Also Read: Trump Tariffs To Hurt Nike,...

Strategy Inc. on Thursday announced the launch of a $2.1 billion at-the-market (ATM) offering for its preferred stock Strife , expanding its capital structure and continuing its focus on Bitcoin (CRYPTO: BTC)-linked securities. What Happened: The announcement was made during a company webcast by CEO Fong Lee and Executive Chairman Michael Saylor. According to Lee, the program follows strong performance...

10:25 AM EDT, 05/22/2025 (MT Newswires) -- Trident Resources ( TRDTF ) , trading at 52 week highs, on Thursday appointed Ronald Netolitzky to help guide and advise on its exploration efforts in the La Ronge Gold belt. A company statement noted that Netolitzky, a Canadian geologist, has been responsible for some of Canada's most significant mineral discoveries including those...

10:24 AM EDT, 05/22/2025 (MT Newswires) -- POET Technologies ( POET ) said Thursday it has raised $30 million following the placement completion of shares and warrants to a single investor. POET said it plans to use the proceeds for working capital and general corporate purposes. Shares of the company were up about 2% in recent trading. Price: 4.46, Change:...