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Homebuilder LGI Homes Q4 revenue falls
OverviewHomebuilder's Q4 revenue was $474 mln, down from last yearAdjusted gross margin for Q4 was 22.3%Company's backlog increased 133% due to wholesale agreementOutlookLGI Homes projects 2026 home closings between 4,600 and 5,400Company expects 2026 average sales price per home between $35...Reuters
19 minutes ago
Cogent Biosciences Q4 net loss widens
OverviewBiotech firm reported Q4 2025 net loss of $102.5 mln, increased from last yearCompany maintains strong cash position with $901 mln, funding operations into 2028Bezuclastinib NDA submissions on track for 2026, including AdvSM and GIST indicationsOutlookCogent plans to submit APEX NDA for bezu...Reuters
20 minutes ago
Danaher to buy Masimo in $9.9 billion deal
Feb 17 (Reuters) - Danaher DHR.N will acquire pulse oximeter maker Masimo MASI.O for $9.9 billion including debt, as the contract research firm looks to bulk up its diagnostics portfolio.The companies said on Tuesday that Danaher will buy Masimo, which has been in a long legal battle with iPhone mak...Reuters
20 minutes ago
Olympics-Bobsleigh-From Indy 500, via F1 and Formula E, de Silvestro chases speed on a sled
De Silvestro fulfils childhood dream at Milano Cortina Targets Le Mans 24 Hours race after OlympicsBy Alan BaldwinCORTINA D'AMPEZZO, Italy, Feb 17 (Reuters) - Simona de Silvestro has raced the Indianapolis 500 six times, tested a Formula One car and was the first woman to score points in all-ele...Reuters
20 minutes ago
TIMELINE-Warner Bros says no to Paramount's revised offer, opens door to fresh negotiations
Feb 17 (Reuters) - Warner Bros Discovery WBD.O has rejected Paramount Skydance's PSKY.O latest $30-a-share hostile takeover bid but is giving the Hollywood studio seven days to come up with a better offer, Warner Bros said in a statement on Tuesday. Paramount informally broached...Reuters
21 minutes ago
U.S. RESEARCH ROUNDUP-Brixmor Property, Mohawk Industries, UDR
Feb 17 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Brixmor Property, Mohawk Industries and UDR Inc, on Tuesday. HIGHLIGHTSApplied Materials Inc. AMAT.O: Barclays raises target price to $450 from $360 Brixmor Proper...Reuters
26 minutes ago
Labcorp forecasts upbeat annual profit on strong demand for diagnostic products
Feb 17 (Reuters) - Laboratory services provider Labcorp LH.N forecast annual profit above Wall Street estimates on Tuesday, banking on robust demand for its diagnostic tests.Steady demand for non-urgent surgeries, especially among older Americans, has been boosting the business of companies such as ...Reuters
31 minutes ago
Southern Michigan Bancorp Q4 net income rises
OverviewU.S. bank holding company reported Q4 net income up 9.9% yr/yrCompany achieved 17.4% increase in 2025 net income compared to 2024Loan growth of 14.1% and deposit growth of 13.2% in 2025OutlookSouthern Michigan Bancorp did not provide specific guidance for future quarters or the full year in ...Reuters
40 minutes ago
Dr Reddy's aims to launch generic obesity drug at 60% discount
By Rishika Sadam and Sriparna RoyHYDERABAD, Feb 17 (Reuters) - Indian drugmaker Dr Reddy's laboratories REDY.NS aims to launch a generic version of Novo Nordisk's NOVOb.CO blockbuster weight loss drug Wegovy, subject to approval, at a price about 60% lower than the branded version, co-chair...Reuters
44 minutes ago
German yields fall for seventh session as bonds rally globally
LONDON, Feb 17 (Reuters) - Germany's benchmark bond yield fell for a seventh session on Tuesday as the safe haven asset benefited from some nervousness across markets around AI, spillovers from global peers and the chance of one more ECB rate cut later this year.The 10-year German Bund yield, th...Reuters
48 minutes ago
Lufax Announces Changes Of Directors And Senior Management
Feb 17 (Reuters) - Lufax Holding Ltd LU.N:LUFAX ANNOUNCES CHANGES OF DIRECTORS AND SENIOR MANAGEMENTLUFAX HOLDING LTD - YONG SUK CHO TO STEP DOWN AS CEO ON MARCH 31, 2026LUFAX HOLDING LTD - XIANG JI APPOINTED AS CEO EFFECTIVE APRIL 1, 2026Reuters
48 minutes ago
Hillman Solutions meets Q4 adj EPS expectations, sales rise
OverviewHardware solutions provider's Q4 net sales rose 4.5% yr/yr but missed analyst expectationsAdjusted EPS for Q4 met analyst expectationsAdjusted EBITDA for Q4 slightly beat analyst estimatesOutlookHillman Solutions projects 2026 net sales between $1.6 bln and $1.7 blnCompany expects 2026 a...Reuters
49 minutes ago
Palatin Technologies Q2 revenue rises yr/yr, net loss widens
OverviewBiopharmaceutical firm recorded collaboration revenue in Q2 vs nothing last yearCompany's Q2 operating expenses increased due to obesity program costsCompany completed $18.2 mln public offering, strengthening balance sheetOutlookPalatin plans IND submission for oral MC4R agonist PL7737 i...Reuters
49 minutes ago
Tenax Aerospace And Air Industries Group Announce Strategic Combination To Form Scaled Aerospace And Defense Platform
Feb 17 (Reuters) - Air Industries Group AIRI.A:TENAX AEROSPACE AND AIR INDUSTRIES GROUP ANNOUNCE STRATEGIC COMBINATION TO FORM SCALED AEROSPACE AND DEFENSE PLATFORMAIR INDUSTRIES GROUP - COMBINED COMPANY TO REMAIN LISTED ON NYSE AMERICAN UNDER THE SYMBOL AIRIAIR INDUSTRIES GROUP - TOM FOLEY EXPECTED...Reuters
50 minutes ago
Watsco Q4 revenue misses expectations; dividend raised 10%
OverviewHVAC distributor's Q4 revenue missed analyst expectationsEPS for Q4 was $1.68, no analyst comparison availableCompany boosts annual dividend 10% to $13.20 per shareOutlookWatsco expects a more conventional industry environment and better growth prospects in 2026Company aims to optimize i...Reuters
50 minutes ago
