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Sunscreen maker Edgewell plunges on annual forecast cuts
** Shares of sunscreen maker Edgewell Personal Care EPC.N down as much as 17% at $24.93 - lowest since April 2020** Co expects fiscal 2025 organic net sales growth to be flat to 1% vs. prior forecast of 1% to 3% rise** Sees adjusted earnings per share in the range of $2.09 to $2.29 vs previous expec...Reuters
Wed, May 7
EMERGING MARKETS-Latam stocks up, forex steady ahead of central bank decisions; Romania's leu drops
Latam FX flat, stocks up 0.11% Brazil's interest rate decision due at 1730 ETUS, China to hold ice-breaker trade talks in Geneva on SatFederal Reserve's interest rate decision due at 1400 ETBy Pranav Kashyap May 7 (Reuters) - Most Latin American currencies ticked up against the dollar on ...Reuters
Wed, May 7
Devon Energy falls after Q1 profit miss
** Shares of Devon Energy DVN.N fall 2.8% to $29.74** Company late on Tuesday missed Q1 profit estimates as lower oil prices offset higher production** DVN posts adjusted profit of $1.21 per share vs analyst estimates of $1.25 per share - data compiled by LSEG** It cut capital expenditure plan for t...Reuters
Wed, May 7
CANADA STOCKS-TSX rises on potential US-China trade de-escalation; Fed meet in focus
May 7 (Reuters) - Canada's main stock index rose on Wednesday as hopes of a de-escalation in the U.S.-China trade war firmed, while investors awaited the Federal Reserve's interest rate decision due later in the day. The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE mir...Reuters
Wed, May 7
Electronic Arts raised by HSBC after strong quarter, MoffettNathanson cuts rating
Investing.com -- Electronic Arts received mixed reactions from Wall Street following its fiscal fourth-quarter earnings, with HSBC (LON:HSBA) upgrading the stock to Buy while MoffettNathanson downgradInvesting.com
Wed, May 7
Upstart slides after Q2 forecast fails to impress investors
** Consumer lender Upstart's UPST.O shares plunge as much as 17.5%; last down 11.1% at $45.72** UPST late Tuesday forecast Q2 revenue to be about $225 million, compared with Wall Street expectations of $223.73 million, per data compiled by LSEG** Citizens JMP Securities says the "in-line Q2 ...Reuters
Wed, May 7
Bunge Global SA reports results for the quarter ended March 31 - Earnings Summary
Bunge Global SA BG.N reported quarterly adjusted earnings of $1.81 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $3.04. The mean expectation of nine analysts for the quarter was for earnings of $1.30 per share. Wall Street expect...Reuters
Wed, May 7
Rockwell Automation Inc reports results for the quarter ended March 31 - Earnings Summary
Rockwell Automation Inc ROK.N reported quarterly adjusted earnings of $2.45 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.50. The mean expectation of twenty one analysts for the quarter was for earnings of $2.09 per share. Wal...Reuters
Wed, May 7
Is Lowe's an Excellent Dividend Stock to Buy Now?
The home improvement industry in the U.S. generates roughly $1 trillion in annual revenue.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of May 4, 2025. The video was...The Motley Fool
Wed, May 7
Rivian or Tesla? The EV Stock to Buy Now for the Next 10 Years
Tesla (NASDAQ: TSLA) made early investors rich -- but is Rivian (NASDAQ: RIVN) the next big electric vehicle (EV) winner?With Tesla sinking and political headwinds mounting, some analysts say Rivian's Amazon and Volkswagen deals could fuel a massive comeback.Where to invest $1,000 right now? Our ana...The Motley Fool
Wed, May 7
BofA upgrades Wynn to 'buy'; shares fall after early gains
** Shares of casino operator Wynn Resorts WYNN.O reverse course, down more than 1% to $83 after rising 3% in early trade** BofA Global Research raises rating to "buy" from "neutral"; ups PT to $100 from $90, a 20% upside to stock's last close** Brokerage says WYNN's UAE casin...Reuters
Wed, May 7
Icahn Enterprises LP reports results for the quarter ended March 31 - Earnings Summary
Icahn Enterprises LP IEP.OQ reported a quarterly adjusted loss of 79 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -9 cents. The lone analyst forecast for the quarter was for earnings of 19 cents per share. Revenue fell 10....Reuters
Wed, May 7
SmartRent Inc reports results for the quarter ended March 31 - Earnings Summary
SmartRent Inc SMRT.N reported a quarterly adjusted loss of 8 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of three analysts for the quarter was for a loss of 4 cents per share. Wall Street ex...Reuters
Wed, May 7
Ardmore Shipping Corp reports results for the quarter ended March 31 - Earnings Summary
Ardmore Shipping Corp ASC.N reported quarterly adjusted earnings of 14 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 92 cents. The mean expectation of four analysts for the quarter was for earnings of 13 cents per share. Wa...Reuters
Wed, May 7
CrowdStrike to lay off 5% of staff, reaffirms forecasts
May 7 (Reuters) - CrowdStrike CRWD.O reiterated its fiscal 2026 first quarter and annual forecasts on Wednesday and announced a plan to cut about 500 roles, roughly 5% of its workforce, to streamline operations and reduce costs.The cybersecurity company will incur about $36 million to $53 million in...Reuters
Wed, May 7
Emerson Electric raises annual profit forecast, shares jump
May 7 (Reuters) - Emerson Electric EMR.N raised its full-year profit forecast on Wednesday on the back of strong demand for its automation services and products that also helped the company report second-quarter earnings ahead of Wall Street estimates.The company's shares jumped more than 3% to ...Reuters
Wed, May 7
TPG Inc reports results for the quarter ended March 31 - Earnings Summary
TPG Inc TPG.OQ reported quarterly adjusted earnings of 51 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of twelve analysts for the quarter was for earnings of 46 cents per share. Wall Street ...Reuters
Wed, May 7
Cencora up on raising 2025 profit forecast
** Shares of drug distributor Cencora COR.N rise 5.7% to $307.50 ** Co raises annual adj.profit forecast on strong demand for costly specialty medicines and weight-loss drugs** Expects 2025 adj.profit to be between $15.70 and $15.95 per share, up from its previous expectation of $15.30 to $15.60 per...Reuters
Wed, May 7
Greg Abel Is Taking Over for Warren Buffett at Berkshire Hathaway. Here's What You Need to Know.
Warren Buffett first shared that Greg Abel would take over as CEO in 2021, but no one was quite prepared to hear him officially pass the baton last weekend at the Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) annual meeting.It's hard to imagine the company without the investing legend at its helm, b...The Motley Fool
Wed, May 7
Nelson Tanure's Trustee reduces stake in Brazil's GPA to below 5%
SAO PAULO, May 7 (Reuters) - Trustee Distribuidora de Titulos e Valores Mobiliarios, an asset manager controlled by businessman Nelson Tanure, reduced its stake in Grupo Pao de Açucar PCAR3.SA to below 5%, the Brazilian retailer said in a statement on Wednesday. The decision comes amid a battle for ...Reuters
Wed, May 7
