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Tag

divestiture

2 articles

U.S. Equities2d ago

Kraft Heinz Crushes Q3 EPS, Raises 2026 Outlook, Exits Coffee Operations

Kraft Heinz delivered a 26% EPS beat at 53 cents, raised full-year guidance to $2.07-$2.13, and announced a divestiture of its North America coffee business while retaining a 30% stake.

Technology60d ago

Nightwing Pushes Transparency and Agility Post-Divestiture—While Managing Turbulence

The defense cybersecurity firm is experimenting with flat leadership and rapid decision-making as a carve-out from its parent company, but faces morale headwinds from benefit cuts and layoffs.