News
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Medical products maker Convatec rises after robust 2026 outlook on growing demand
2026 adjusted EPS expected to grow at double-digit rateOrganic sales next year to grow 5%-7%, excluding one product2025 revenue growth forecast tightened to 6%-6.5%Shares jump, among top gainers on FTSE 100Nov 13 (Reuters) - Britain's Convatec CTEC.L on Thursday forecast double-digit percentage ...Reuters
Thu, Nov 13
Firefly Aerospace surges after Q3 beat, Deutsche Bank upgrade
Firefly Aerospace FLY.O shares jump 16.8% to $21.39 on Thurs after qrtrly results beat analysts' expectations, and Deutsche Bank turns bullishCedar Park, Texas-based space and defense tech firm late Weds posted Q3 rev of $30.8 mln, up from $22.7 mln a year ago, and adj loss/sh of 33 centsAnalyst...Reuters
Thu, Nov 13
U.S. STOCKS ON THE MOVE-Firefly Aerospace, Salarius, Spectrum Brands
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes fell on Thursday as caution prevailed ahead of indications on the U.S. economy and the monetary policy path after President Donald Trump signed a bill ending t...Reuters
Thu, Nov 13
Oil companies climb on looming Russian export sanctions
S&P 500 energy index .SPNY rises 1%, tracking an increase in crude prices O/RChevron CVX.N, SLB SLB.N, APA APA.O and Halliburton HAL.N rise between 1.7% and 2%, among top pct gainers on the energy index Brent crude futures LCOc1 up 0.6% at $63.10/bbl, while U.S. West Texas Intermediate (WTI) cru...Reuters
Thu, Nov 13
Kura Oncology rises after US FDA approves its blood cancer therapy
Shares of drugmaker Kura Oncology KURA.O rise 1.03% to $10.79 in early tradingThe U.S. Food and Drug Administration says has approved Komzifti, a new treatment from Kura, for adults with a rare and hard-to-treat form of blood cancer called acute myeloid leukemia or AMLThe medicine is taken as a once...Reuters
Thu, Nov 13
LIVE MARKETS-US stocks retreat in early trade
US equity indexes lower; Nasdaq falls >1%Tech weakest S&P 500 sector; Healthcare leads gainers Euro Stoxx 600 index off ~0.3%Dollar down; gold slips; bitcoin ~flat; crude up ~1%US 10-year Treasury yield rises to ~4.11%Welcome to the home for real-time coverage of markets brought to you by Reu...Reuters
Thu, Nov 13
Ionis Pharma dips after $700 mln convertible bonds sale
Shares of Ionis Pharmaceuticals IONS.O down 2.7% at $70.71 early Thurs after debt-refinancing capital raiseCarlsbad, California-based IONS early Thurs announced pricing private offering of $700 mln 0% convertible bonds (CBs) due 2030Initial conversion price set at $98.10, 35% premium over stock'...Reuters
Thu, Nov 13
Immuneering rises after smaller-than-expected Q3 loss
Shares of therapy developer Immuneering Corp.IMRX.O rise 7% to $7.08 Company posts Q3 net loss of 38 cents per share compared to analysts' estimated loss of 39 cents per share Cash, and cash equivalents as of September 30 were $227.6 million, compared with $36.1 million as of December 31, 2024In...Reuters
Thu, Nov 13
Sally Beauty rises after upbeat quarterly results
Shares of beauty products retailer Sally Beauty SBH.N up 11% at $16.31 Posts Q4 adjusted EPS of 55 cents, compared to estimates of 47 cents - data compiled by LSEG Reports net sales of $947.1 million vs estimates of $932.9 millionExpects FY26 net sales forecast in the range of $3.71 billion to $3.77...Reuters
Thu, Nov 13
Cisco reaches 25-year peak after lifting FY26 forecast; brokerages raise PT
Shares of networking equipment maker Cisco CSCO.O rise 4% to $77.93, hitting their highest since March 2000Co raises FY26 revenue, profit forecastCo expects $3 bln in AI infrastructure revenue from hyperscalers in FY26, CEO Chuck Robbins saidExpects FY26 revenue between $60.2 bln and $61 bln vs prio...Reuters
Thu, Nov 13
US STOCKS-Wall Street dips as markets await data after government reopening
Indexes down: Dow 0.18%, S&P 500 0.53%, Nasdaq 0.87%Cisco Systems gains after annual revenue forecast hikeDisney warns of long distribution dispute with YouTube TVBy Twesha Dikshit and Purvi Agarwal Nov 13 (Reuters) - Wall Street's main indexes fell on Thursday as caution prevailed ahead...Reuters
Thu, Nov 13
Disney warns of potentially long distribution dispute with YouTube TV, shares fall
Streaming unit profit up 39% as Disney+, Hulu add 12.5 mln subscribersShares fall 6.6% as overall revenue misses market expectationsTraditional TV unit profit declines 21%, ESPN income slipsBy Lisa Richwine and Dawn ChmielewskiLOS ANGELES, Nov 13 (Reuters) - Walt Disney DIS.N signaled on Thursday it...Reuters
Thu, Nov 13
CANADA STOCKS-TSX set to snap winning streak as tech shares drag
By Avinash P and Pranav Kashyap Nov 13 (Reuters) - Canada's main stock index was set to snap a four-day winning streak on Thursday, retreating from record highs as tech shares slid. At 09:52 a.m. ET, Toronto's S&P/TSX composite index .GSPTSE slipped 0.41%, on track to break its ...Reuters
Thu, Nov 13
Lilly Stock Jumps 1.3% to Another New Record High. Citi Bumps Eli Lilly Stock Target to $1,500 and Maintains Buy Rating
Eli Lilly stock jumped 1.3% to $1031 per share, hitting another record high. Citi hiked its price target on Eli Lilly to $1,500 from $1,250, implying a potential upside of more than 50% from current levels, pointing to accelerating expectations for the company’s oral GLP-1 drug orforglipron. The ban...Tiger News
Thu, Nov 13
Mersana soars on Day One's $285 mln buyout deal
Shares of drug developer Mersana Therapeutics MRSN.O more than triple to $26.91 premarket, its highest in nine months MRSN says Day One Biopharmaceuticals DAWN.O agrees to acquire Mersana Therapeutics in a deal that could be worth up to $285 millionUnder the agreement, Day One will pay Mersana shar...Reuters
Thu, Nov 13
MarineMax see-saws after boat retailer forecasts annual profit below estimates
Shares of recreational boat retailer MarineMax's see-saw in volatile early tradingCo forecasts fiscal 2026 adjusted profit in the range of 40 cents to 95 cents per share, below analysts average estimates of $1.89 per share, according to data compiled by LSEGPosts Q4 adjusted net lo...Reuters
Thu, Nov 13
Novo Nordisk falls after Metsera shareholders vote for Pfizer's offer
U.S.-listed shares of Danish drugmaker Novo Nordisk NOVOb.CO fall 1.4% to $49.54, while Pfizer's were up 1.4% at $26.21Metsera MTSR.O shareholders approved Pfizer's PFE.N takeover offer worth up to $10 billion, allowing the U.S. pharma giant re-entry into the lucrative obesity treatment mar...Reuters
Thu, Nov 13
Disney falls as Q4 revenue misses estimates
Shares of media company Walt Disney DIS.N fall 8.1% to $107.31Co's Q4 revenue at $22.5 billion vs analysts' avg estimate of $22.75 billion - data compiled by LSEGDIS warns of potentially long distribution dispute with YouTube TVCo's board declares dividend of $1.50 per share, up 50%, and...Reuters
Thu, Nov 13
