News
Important Only
Halliburton's Mixed Earnings Revealed
Halliburton (NYSE:HAL), a prominent oilfield services company, released its earnings for the first quarter on April 22. The results reflect a mixed performance with revenue exceeding expectations by approximately $144 million to reach $5.4 billion (GAAP), beating the consensus estimate of $5.273 bil...The Motley Fool
Tue, Apr 22
Barclays cuts PT on some casino operators
** Barclays cut PT on some U.S. casino operators on longer-than-expected slowdown in Las Vegas and Macau ** Brokerage cuts its Price Targets on Las Vegas Sands Corp LVS.N, Caesars Entertainment CZR.O, MGM Resorts MGM.N, and WYNN Resorts WYNN.O ** Says "protracted slowdown will hurt Las Vegas m...Reuters
Tue, Apr 22
3M beats first-quarter estimates, flags potential tariff hit on 2025 profit
By Aishwarya JainApril 22 (Reuters) - U.S. industrial conglomerate 3M Co MMM.N on Tuesday beat Wall Street expectations for first-quarter profit on cost cutting, sending its shares up 7% even as it warned of a potential hit to 2025 earnings from trade tensions.Bill Brown, who succeeded Mike Roman as...Reuters
Tue, Apr 22
EMERGING MARKETS-Latam assets rise tracking higher commodity prices; focus on Trump's Fed critique
Latam stocks up 1.6%; FX up 0.7%IMF cuts GDP growth estimates for Mexico, BrazilArgentina's surprise peso strength tempers fears of inflation comebackBy Pranav Kashyap and Johann M Cherian April 22 (Reuters) - Currencies and stocks of most resources-rich Latin American economies rose on Tuesd...Reuters
Tue, Apr 22
Oil stocks gain as equity markets rebound
** S&P 500 energy index up 1.7%, tracking prices of oil O/R** Brent crude futures LCOc1 up 0.9% at $66.85/barrel and U.S. West Texas Intermediate crude CLc1 rises 1% to $63.75/ barrel ** Oil prices rise as equity markets rebound, though concerns persist over economic headwinds from tariffs and ...Reuters
Tue, Apr 22
Brokerages slash S&P 500 annual targets, GDP forecasts on tariff turmoil
April 22 (Reuters) - Analysts expect U.S. President Donald Trump's tariffs to weaken global economic growth, fuel volatility in markets and raise inflationary pressures. Last week, Jefferies slashed its S&P 500 annual target .SPX to 5,300, the lowest on Wall Street, from its previous forec...Reuters
Tue, Apr 22
Northrop Grumman cuts 2025 profit forecast on B-21 headwinds, shares slump
By Utkarsh Shetti and Mike Stone April 22 (Reuters) - Northrop Grumman NOC.N cut its annual profit forecast after it posted a 49% slump in first-quarter earnings on Tuesday, as it booked losses on its B-21 stealth bomber program due to higher costs, sending its shares down 12%.The company also mi...Reuters
Tue, Apr 22
U.S. STOCKS ON THE MOVE-Defense stocks, CoreWeave, Equifax
Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes recovered some ground on Tuesday as investors focused on corporate earnings after President Donald Trump&#...Reuters
Tue, Apr 22
Genuine Parts beats quarterly estimates boosted by cost cutting, new stores
By Raechel Thankam JobApril 22 (Reuters) - Auto parts distributor Genuine Parts GPC.N reported first-quarter profit above market expectations on Tuesday, as cost cutting and acquisition of more stores offset weaker demand in the U.S. and Europe.The company expects its 2024 and 2025 restructuring eff...Reuters
Tue, Apr 22
Quest Diagnostics surges after quarterly profit beat
** Shares of lab operator Quest Diagnostics DGX.N surge 8.7% to $175.84** Stock set for its best day in nearly five years, if gains hold** DGX posts Q1 adj. profit of $2.21 per share helped by robust demand for its diagnostic tests, beating analysts' estimates of $2.15, according to data compile...Reuters
Tue, Apr 22
Nvidia-backed CoreWeave rises as brokerages start with largely bullish coverage
** Shares of AI infrastructure provider CoreWeave CRWV.O rise 6.9% to $37.85** CoreWeave gets broadly bullish coverage on Wall Street as IPO research quiet period ends** On its debut, CRWV finished flat at $40, after $1.5 bln IPO downsized by >20% and priced well below the expected range** CRWV s...Reuters
Tue, Apr 22
Why Standard Lithium Stock Soared Today
Lithium mining start-up Standard Lithium (NYSEMKT: SLI), which (six months after I last wrote about it) still isn't actually producing any lithium at all, is nonetheless enjoying a banner day on the stock market Tuesday, its shares up 7.8% through 10:10 a.m. ET. And why?Standard Lithium could soon t...The Motley Fool
Tue, Apr 22
Devon Energy gains on plans to boost free cash flow by $1 billion
** Shares of oil and gas producer Devon Energy DVN.N rise 4.6%% to $30.84** Company says it plans to boost its annual free cash flow by $1 billion by the end of 2026 ** "The $1 billion savings is significantly above our expectations and the $300-$500 million range we think investors anticipated&...Reuters
Tue, Apr 22
CANADA STOCKS-TSX rises but Trump's Fed comments keep investors cautious
By Ragini Mathur April 22 (Reuters) - Canada's main stock index rose on Tuesday, as investors took a breather after the previous session's decline that was triggered by U.S. President Donald Trump's recent attacks on Federal Reserve Chair Jerome Powell. The Toronto Stock Exchange&#...Reuters
Tue, Apr 22
LIVE MARKETS-Could "bond vigilant" Trump admin cut some Treasury auction sizes?
Main US indexes rally; Nasdaq out front, up ~2.2%All S&P 500 sectors green; Cons Disc leadsEuro STOXX 600 index ~flatDollar, gold gain; crude up ~1.5%; bitcoin up >4%U.S. 10-Year Treasury yield edges down to ~4.39%Welcome to the home for real-time coverage of markets brought to you by Reuters...Reuters
Tue, Apr 22
Solar stocks gain as US finalizes tariffs on Southeast Asian solar imports
** U.S.-based solar companies rise, after trade officials on Monday finalized steep tariffs on most solar cells from Southeast Asia** This was part of year-old case where U.S. firms had accused Chinese companies of flooding market with unfairly cheap goods and endangering their U.S. investments** Ta...Reuters
Tue, Apr 22
Billionaire Carl Icahn builds 34% economic interest in Bausch Health
April 22 (Reuters) - Billionaire Carl Icahn has built an economic interest covering about 34% of Bausch Health's BHC.TO shares, according to a filing on Tuesday, days after the pharmaceutical firm adopted a "poison pill" to ward off hostile takeovers. U.S.-listed shares of Bausch Health ...Reuters
Tue, Apr 22
Danaher rises after quarterly profit beat
** Life sciences firm Danaher's DHR.N shares rise 5% to $194.15** Posts Q1 adj. profit of $1.88 per share, beating analysts estimates of $1.64, according to data compiled by LSEG ** Revenue of $5.74 billion also tops estimates of $5.59 billion ** Anticipates Q2 revenue to grow low-single digits ...Reuters
Tue, Apr 22
