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Why Viking Therapeutics Stock Popped Again Today
Shares of Viking Therapeutics (NASDAQ: VKTX) jumped 12.5% through 11:40 a.m. ET on Tuesday on further support from Wall Street analysts.Viking stock inched higher Monday after Truist Securities analyst Joon Lee lowered his price target, while predicting the company will benefit from phase 3 clinical...
The Motley Fool
Tue, Apr 29
Regeneron's first-quarter results miss on lower Eylea demand
By Mariam Sunny April 29 (Reuters) - Regeneron's REGN.O first-quarter results missed Wall Street estimates on Tuesday due to stiff competition for its blockbuster drug Eylea, further stoking investor worries as U.S. regulators denied approval for a more convenient version of the eye therapy. ...
Reuters
Tue, Apr 29
CORRECTED-Paintmaker Sherwin-Williams beats first-quarter estimate, boosted by price hikes
April 29 (Reuters) - Sherwin-Williams SHW.N on Tuesday beat the Wall Street estimate for first-quarter profit, helped by higher prices for its industrial paints, sending its shares up 4.7% before the bell.Sales of U.S. single-family homes increased more than expected in March as buyers rushed to tak...
Reuters
Tue, Apr 29
Piedmont Office Realty Trust Inc reports results for the quarter ended March 31 - Earnings Summary
Piedmont Office Realty Trust Inc PDM.N reported a quarterly adjusted loss of 8 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -22 cents. The lone analyst forecast for the quarter was for a loss of 7 cents per share. Revenue...
Reuters
Tue, Apr 29
Asbury Automotive slips on weak first-quarter earnings
** Shares of Asbury Automotive Group ABG.N fall 3.6% to $216.47 per share - lowest level in five sessions** ABG fell as much as 7% earlier in the day to mark its worst intraday fall since April 3** Posts Q1 adjusted net income of $134.3 million, below last year's $147 million** Q1 revenue slips ...
Reuters
Tue, Apr 29
LIVE MARKETS-How much clarity can hard data bring?
Dow up ~0.5%; Nasdaq, S&P 500 edge greenMaterials lead S&P 500 sector gainers; Energy weakest groupEuro STOXX 600 index up ~0.4%Dollar edges up; bitcoin rises; gold off; crude down >2%US 10-Year Treasury yield falls to ~4.18%Welcome to the home for real-time coverage of markets brought to...
Reuters
Tue, Apr 29
GBank Financial hits over 2-month high as Nasdaq listing beckons
** Community lender GBank Financial's GBFH.PK shares rise as much as 3.9%, hitting their highest since early February** Stock last up 1.4% at $40.05** GBFH late Monday announced its shares had been approved for listing on the Nasdaq Capital Market and expected to commence trading on April 30** L...
Reuters
Tue, Apr 29
Why Shift4 Payments Stock Popped Today
Payment processing solutions company Shift4 Payments (NYSE: FOUR) surged ahead 10% through 11 a.m. ET Tuesday after reporting mixed earnings this morning.On one hand, Shift4 beat earnings forecasts soundly, reporting $1.07 per share in adjusted profit, where Wall Street expected only $0.95. On the o...
The Motley Fool
Tue, Apr 29
Honeywell lifts 2025 profit forecast despite $500 million tariff hit
By Utkarsh ShettiApril 29 (Reuters) - Honeywell on Tuesday raised its 2025 profit forecast despite flagging a $500 million exposure to tariffs, saying it aims to cushion the impact through a mix of higher pricing and local sourcing.Shares rose 6% as the industrial and aerospace giant surpassed first...
Reuters
Tue, Apr 29
Meta launches standalone AI app amid intensifying AI race
Investing.com -- Meta Platforms Inc (NASDAQ:META) has introduced a standalone Meta AI app, marking its most direct push yet into the competitive consumer artificial intelligence assistant market. The
Investing.com
Tue, Apr 29
European first-quarter corporate profits seen falling 1.7% as trade war tensions abate
By Marleen Kaesebier and Javi West Larrañaga April 29 (Reuters) - The outlook for European corporate health has improved, the latest earnings forecasts showed on Tuesday, amid optimism over potential U.S. trading deals with key partners, especially China.European companies are expected to report ...
Reuters
Tue, Apr 29
U.S. STOCKS ON THE MOVE-JetBlue, Hims & Hers, Okta
Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500 and the Nasdaq edged lower on Tuesday as investors assessed a slew of corporate earnings and economic data, while fresh c...
Reuters
Tue, Apr 29
GLOBAL MARKETS-U.S. stocks fluctuate, oil drops amid earnings, trade talks
Canada's election rebukes TrumpUS Treasury Secretary Bessent says tariff talks ongoingConsumer confidence drops, job openings fall 3.9% By Stephen Culp NEW YORK, April 29 (Reuters) - Wall Street fluctuated between gains and losses on Tuesday while crude and gold prices slid as investors juggl...
Reuters
Tue, Apr 29
BofA favors defense and value in the oil and gas sector
Investing.com -- Bank of America told investors it prefers a defensive and value-oriented approach to the U.S. oil and gas sector, as the market grapples with twin economic shocks: a trade war and a s
Investing.com
Tue, Apr 29
JPMorgan is convinced of the long-term opportunity for Qualcomm
Investing.com -- JPMorgan initiated coverage of Qualcomm (NASDAQ:QCOM) with an Overweight rating and a December 2025 price target of $185 per share in a note on Tuesday.The investment bank highlighted
Investing.com
Tue, Apr 29
Piedmont Lithium shares down as output, shipments decline sequentially
** Shares of U.S.-based mining firm Piedmont Lithium PLL.O fall 2.5% to $7.98** Co says North American Lithium (NAL) mine achieved production of 43,261 DMT (dry metric ton) in Q1, 15% lower than the preceding qtr** Spodumene concentrate shipped also fell ~51% qtr-over-qtr ** NAL is North America'...
Reuters
Tue, Apr 29
A.O. Smith rise after Q1 revenue beat estimates
** A.O. Smith AOS.N shares up 3.5% at $67 in early trade after co's Q1 revenue beat analyst estimates** Co posts Q1 revenue of $963.9 mln, higher than analyst estimates of $954 mln, according to data compiled by LSEG** AOS maintained 2025 revenue forecast between $3.8 billion and $3.9 billion** ...
Reuters
Tue, Apr 29
CANADA STOCKS-TSX muted as focus shifts from Carney's victory back to trade war
By Sanchayaita Roy and Sukriti Gupta April 29 (Reuters) - Canada's main stock index was subdued in choppy trading on Tuesday, as cautious investors moved on from the country's elections to focus on the potential economic impact of a global trade war triggered by U.S. President Donald Tru...
Reuters
Tue, Apr 29
Leggett & Platt eyes best day ever after 2025 outlook maintained
** Shares of diversified manufacturer Leggett & Platt LEG.N last up 25% to $9.09 and top S&P 1500 .SPSUP performers on Tues after co backed full-yr guidance** LEG shares on course for record daily pct gain, and hit about two-mth high** Carthage, Missouri-based firm late Mon said it could see...
Reuters
Tue, Apr 29
Raymond James cuts Southwest Airlines PT; shares up
** Raymond James cuts price target on Southwest Airlines LUV.N to $40 from $42, citing weakness in domestic "main cabin"** New PT still a 50% upside to stock's last close ** Co's shares up 1.2% at $27 in early trading ** "We viewed 2Q25 as the highest risk quarter given the lag t...
Reuters
Tue, Apr 29
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