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Joby Aviation to Scale Defense Business Through Acquisition of Resonant Sciences

Joby Aviation announced its acquisition of Resonant Sciences for approximately $500 million, significantly expanding Joby's defense business. Resonant Sciences will become Joby's dedicated defense unit, continuing its existing programs while integrating Joby's hybrid aircraft and autonomy technologies. This acquisition aims to create a scaled …

Air taxi firm Joby acquires defense tech company for $500 million

Joby Aviation announced its acquisition of Resonant Sciences for approximately $500 million, aiming to expand its presence in the growing defense market. This move allows Joby to focus its commercial team on air taxi development while integrating Resonant's defense technologies for hybrid and autonomous …

Byline Bancorp (NYSE:BY) Major Shareholder Investors L.P. Mbg Sells 300,000 Shares

Major shareholder Investors L.P. Mbg sold 300,000 shares of Byline Bancorp (NYSE:BY) for $11.73 million, reducing its ownership by 2.53%. This sale follows Byline Bancorp's positive quarterly earnings, where it exceeded analyst estimates for both EPS and revenue, and a dividend increase. Analysts maintain …

Middleby's Q2 Earnings Beat Estimates on Commercial Foodservice Strength

The Middleby Corporation MIDD reported second-quarter 2026 adjusted earnings of $2.35 per share, beating the Zacks Consensus Estimate of $2.28 by 3.1%. The bottom line increased 6.8% year over year. Net sales of $876 million topped the consensus estimate of $835 million by 4.6% …

BY (BY) affiliate files to sell 2,421 common shares acquired as stock awards

An affiliate of BYLINE BANCORP, INC. (BY) has filed a Form 144 notice to sell 2,421 common shares through Merrill Lynch. These shares were originally received as stock awards for compensation on various dates in 2023 and 2025. The filing indicates a neutral impact …

Middleby (NASDAQ:MIDD) Price Target Cut to $141.00 by Analysts at JPMorgan Chase & Co.

JPMorgan Chase & Co. analysts have cut Middleby's price target to $141.00 from $151.00, while maintaining a "neutral" rating. This adjustment follows Middleby exceeding quarterly earnings and revenue estimates but providing 2026 guidance that is significantly below consensus, leading to a moderately positive overall …

Joby Aviation Makes Push Into Defense With $500 Million Acquisition. What It Means for JOBY Stock.

A concept image of a flying car_ Image by Phonlamai Photo via Shutterstock_ As sentiments around artificial intelligence continue to be strong, defense is quietly and steadily becoming a key focus area for the investing community. This is corroborated by the performance of the …

3 Reasons to Buy Joby Aviation Stock Like There's No Tomorrow

Joby Aviation (NYSE: JOBY) presents one of the most compelling investment opportunities for investors seeking to build a broad, diversified portfolio of high-risk/high-reward stocks. The company is making real progress on developing its vertically integrated transportation-as-a-service (TaaS) business. There are three key reasons why …

Byrna Technologies (BYRN) investor discloses 2.30M-share, 9.9% ownership stake

Byrna Technologies Inc. shareholder Bryan Scott Ganz and affiliated entities have filed an amended ownership report, revealing a beneficial ownership of 2,296,635 shares, or 9.9% of the outstanding common stock. The filing details Mr. Ganz's holdings through various channels and notes recent open-market trades …

Canaccord lowers Middleby stock price target to $157 on estimates

Canaccord Genuity has lowered its price target for Middleby Corp (NASDAQ:MIDD) to $157 from $165, while maintaining a Buy rating. This adjustment follows stronger-than-expected Q2 results and the recent spin-off of the Food Processing division, which led Canaccord to modestly lower its estimates. Despite …

Watkins Advises Joby Aviation on US$500 Million Acquisition of Resonant Sciences

Latham & Watkins LLP advised Joby Aviation on its acquisition of Resonant Sciences for approximately US$500 million. This acquisition is set to significantly expand Joby Aviation's defense business, providing immediate scale and integrating complementary aerospace engineering capabilities. The transaction is expected to close in …

First Trust Advisors LP Has $517,000 Position in The Middleby Corporation $MIDD

First Trust Advisors LP significantly reduced its stake in The Middleby Corporation (NASDAQ:MIDD) by 95.9% in the first quarter, now holding 3,903 shares valued at $517,000. Despite Middleby exceeding Q2 earnings and revenue estimates, its shares fell 7.9% due to weaker-than-expected third-quarter and full-year …

The Byke Hospitality net profit rises 4.6% in Q1FY27 on revenue growth

Byline Bancorp 10% owner sells $11.7 million in common stock

MBG Investors I, L.P., a 10% owner of Byline Bancorp, Inc. (NASDAQ:BY), sold 300,000 shares of the company’s common stock for $11.73 million on August 7, 2026. The sale was part of a stock repurchase agreement and occurred while Byline shares were trading near …

BYTES TECHNOLOGY GROUP PLC (BYIT.L) Stock Analysis: What Investors Need to Know about Its Strong ROE and Analyst Ratings

Is The Middleby Corp (MIDD) a Bargain After 8.0% Drop? GF Value Says Undervalued

The Middleby Corp (MIDD) saw an 8.0% stock drop, leading to a current price of $119.99, which GuruFocus's GF Value suggests is 0.9% undervalued. Despite a strong GF Score of 88/100, indicating good profitability and growth, the company lacks a trailing P/E due to …

Byline Bancorp (NYSE:BY) Director Valle Perochena Antonio Del Sells 300,000 Shares

Byline Bancorp (NYSE:BY) Director Valle Perochena Antonio Del sold 300,000 shares of the company's stock for $11.73 million on August 7th, reducing his direct stake by 2.53%. The company recently reported strong quarterly earnings, exceeding analyst expectations, and increased its quarterly dividend. Analysts maintain …

Playboy (PLBY) Stock Jumps As Breakeven Return Meets Debt Scrutiny

Stock Market Today, Aug. 11: Joby Aviation Falls 4% After $500M Defense Acquisition and Stock Sale Plan

Joby Aviation(NYSE:JOBY), an electric air-taxi aircraft developer, closed at $8.43, down 4.26%. The stock fell after a $500 million defense acquisition and a planned $750 million stock sale; investors are now watching funding for certification, manufacturing, and commercial launch. Trading volume reached 51.3M shares, …

The Middleby Corporation 2026 Q2 - Results - Earnings Call Presentation (NASDAQ:MIDD) 2026-08-11

The Middleby Corporation Q2 2026 Earnings Call Summary - Moby Strategic Transformation and Operational Drivers Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap …

The Middleby Corp (MIDD) (Q2 2026) Earnings Call Highlights: Strong Organic Growth and ...

The Middleby Corp (MIDD) reported strong organic revenue growth of 8.3% in Q2 2026 for its Commercial Foodservice segment, following the spin-off of its Food Processing business. The company raised its full-year organic revenue growth guidance and highlighted broad-based growth driven by new product …

Joby Aviation Makes Massive $500 Million Defense Play. Here's What It Means For Investors.

Joby Aviation (NYSE:JOBY) has spent the better part of its life trying to make electric vertical takeoff and landing (eVTOL) aircraft into a real, sustainable business. Now, oddly enough, one of its biggest developments of the year has almost nothing to do with eVTOLs …

The Byke Hospitality Signs Agreements for Three New Properties in Nashik and Mumbai, Realigns Asset Portfolio

JOBY Stock Slips As Earnings Miss And Insider Sale Loom

Joby Aviation Stock Is Priced For An Aircraft That Has Yet To Fly A Passenger

Cerberus Announces Agreement to Sell Resonant Sciences to Joby Aviation

NEW YORK and DAYTON, Ohio, Aug. 11, 2026 /PRNewswire/ -- Cerberus Capital Management ("Cerberus"), a global alternative investment advisor, today announced that certain funds and accounts have entered into a definitive agreement whereby Joby Aviation, Inc. ("Joby") will acquire Resonant Sciences ("Resonant" or the …

The Middleby Corporation Q2 2026 Earnings Call Summary

The Middleby Corporation Q2 2026 Earnings Call Summary - Moby Strategic Transformation and Operational Drivers Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap …

Joby Aviation to acquire Dayton defense technology firm for $500M

Joby Aviation announced its acquisition of Resonant Sciences, a Dayton-based defense technology firm, for $500 million. This strategic move will significantly expand Joby's operations by integrating Resonant Sciences' rapidly growing business, which supports national security programs. The acquisition is expected to provide Joby with …

Joby Aviation builds out defense business with $500M acquisition

Joby Aviation reached an agreement to acquire Resonant Sciences for $500 million in cash and stock, according to a regulatory filing posted Tuesday. This is the electric air taxi developer's latest move to push deeper into the defense sector. Ohio-based Resonant Sciences, which makes …

Middleby Q2 Earnings Call Highlights

Key Points Interested in The Middleby Corporation? Here are five stocks we like better. Middleby completed its transformation into a focused commercial foodservice equipment company after selling a controlling stake in its residential kitchen business and spinning off Midera, its food processing unit. Commercial …

The Byke Hospitality signs deals for 137 keys in Mumbai, Nashik

Earnings call transcript: Middleby tops Q2 2026 estimates but shares fall

Middleby Corp. reported stronger-than-expected Q2 2026 results, with adjusted EPS of $2.35 and revenue of $875.55 million, surpassing Wall Street forecasts. Despite the earnings beat and 8.3% organic revenue growth, the company's shares fell 3.56% in pre-market trading due to investor concerns over margin …

Playboy rallies 22% as its licensing model starts to pay off (PLBY:NASDAQ)

Playboy (PLBY) shares rallied 22% after the company reported an 11% revenue growth in Q2, with adjusted EBITDA doubling to $7.0 million. This performance suggests their licensing model is beginning to yield positive results. The article also mentions a 17% decline in operating income.

Archer Aviation Soars 20% on Boeing Deal to Acquire Wisk, Insitu, SkyGrid; Joby, EHang Stay Grounded

Archer Aviation's stock surged 20% following its agreement to acquire Boeing's Wisk Aero, SkyGrid, and Insitu, with Boeing receiving a 20% ownership stake in Archer. This acquisition is seen as a de-risking move for Archer's pre-revenue air-taxi business, as Insitu alone generates over $200 …

Middleby (MIDD) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended June 2026, Middleby (MIDD) reported revenue of $875.55 million, down 10.5% over the same period last year. EPS came in at $2.35, compared to $2.35 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $836.82 …

FAU Video Compression Technology Portfolio Acquired by Dolby Laboratories

Portfolio Includes 250 Granted Patents and Contributions to the International VVC Video Compression Standard BOCA RATON, Fla., Aug. 11, 2026 /PRNewswire/ -- Florida Atlantic University announced today that a video-compression technology portfolio developed through a long-standing research partnership with OP Solutions, LLC (OPS), has …