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Why Rivian Stock Roared Higher Today
Rivian Automotive (NASDAQ: RIVN) left investors hoping for more after it reported earnings last week. While the electric vehicle (EV) maker made progress in some areas, its production guidance for 2025 fell short of expectations.The stock dropped in response, but investors are now feeling more optim...The Motley Fool
Thu, Feb 27
Jose Cuervo tequila maker warns of potential Trump tariffs hit, shares fall
Adds CFO quotes in paragraphs 3 and 7, updates share move and market cap loss in paragraph 8By Aida Pelaez-Fernandez MEXICO CITY, Feb 27 (Reuters) - Mexico's Becle CUERVO.MX, the maker of Jose Cuervo tequila, warned on Thursday that it could face an $80 million impact this year if U.S. Presid...Reuters
Thu, Feb 27
Walmart Mexico readies launch of debit card service
By Kylie Madry MEXICO CITY, Feb 27 (Reuters) - Walmart's Mexico and Central America unit WALMEX.MX is preparing to launch its debit card service, an executive said on Thursday.WHY IT'S IMPORTANTWalmex, as the company is also known, is Mexico's largest retailer. It bought a payment app...
Reuters
Thu, Feb 27
Why MARA Holdings Stock Is Soaring Today
Shares of MARA Holdings (NASDAQ: MARA) -- formerly known as Marathon Digital Holdings -- jumped as much as 19.3% higher on Thursday morning. The move, driven by an analyst-stumping earnings report, subsided to a 9.2% gain by noon, ET. Before celebrating the large price gain, it should be noted that ...The Motley Fool
Thu, Feb 27
BUZZ-Catalyst rises on upbeat 2025 revenue forecast, quarterly results beat
** Shares of drugmaker Catalyst Pharmaceuticals CPRX.O rise 7.9% to $22.21 ** Company late on Wednesday forecast 2025 revenue in the range of $545 million to $565 millionn, analysts on average expect revenue to be $556.9 million, as per data compiled by LSEG ** CPRX posted fourth-quarter revenue of ...Reuters
Thu, Feb 27
BUZZ-Insurer Root soars after posting Q4 profit
** Online car insurance firm Root's ROOT.O shares jump as much as 38.3%, last up 29.9% at $128.23** Company on Wednesday posted Q4 profit of $1.30/shr vs loss of $1.64/shr a year earlier** Analysts had expected ROOT to post a loss of 44 cents/shr - LSEG** Root's Q4 net premiums earned jumped...Reuters
Thu, Feb 27
FirstEnergy Corp reports results for the quarter ended December 31 - Earnings Summary
FirstEnergy Corp FE.N reported quarterly adjusted earnings of 67 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 62 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 70 cents per share. ...Reuters
Thu, Feb 27
BUZZ-Agilent hits over three-month low on lowered 2025 revenue forecast
** Shares of medical equipment maker Agilent Technologies A.N fall 4.1% to a more than three-month low of $128.93** Company, late on Wednesday, lowered its revenue forecast for 2025 to $6.68 billion to $6.76 billion, compared to its previous expected range of $6.79 billion to $6.87 billion; analysts...Reuters
Thu, Feb 27
BUZZ-Viatris hits over a year low after weaker-than-expected earnings forecast
Updates** Shares of generic drugmaker Viatris VTRS.O fall as much as 22% to over a year low of $8.77** Stock last down 14% at $9.67 in afternoon trade** Company forecast 2025 revenue to be between $13.5 billion and $14 billion, below analysts' estimate of $14.27 billion — LSEG** Expects 2025 adj...Reuters
Thu, Feb 27
New Mountain Finance Corp reports results for the quarter ended December 31 - Earnings Summary
New Mountain Finance Corp NMFC.OQ reported quarterly adjusted earnings of 28 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 40 cents. The mean expectation of seven analysts for the quarter was for earnings of 33 cents per...Reuters
Thu, Feb 27
LIVE MARKETS-Nvidia's stock falters, but it's still been a strong US earnings season
Dow up ~0.7%, S&P 500 edges up, Nasdaq dipsUtilities weakest S&P sector; Energy, Financials lead gainersDollar jumps; crude rises >2%; bitcoin edge up; gold down >1%US 10-Year Treasury yield rises to ~4.30%Welcome to the home for real-time coverage of markets brought to you by Reuters ...Reuters
Thu, Feb 27
BUZZ-Vertex slides on downbeat Q1 forecast
** Shares of tax solutions provider Vertex Inc VERX.O down 17.01% at $35.38, lowest level since September 11, 2024** Company forecasts first-quarter revenue of $175 million to $178 million, below analysts' estimate of $180 million, per data compiled by LSEG** Company also reports fourth-quarter ...Reuters
Thu, Feb 27
Bath & Body Works forecasts tepid annual results on tariffs, spending concerns
Adds comment from CEO interview Feb 27 (Reuters) - Shares of Bath & Body Works BBWI.N fell 12% on Thursday after the company forecast annual sales and profit largely below expectations as the fragrances and scented candles maker grapples with uncertain discretionary spending. The forecasts al...Reuters
Thu, Feb 27
Vistra reports quarterly profit as AI boom fuels power demand
Adds executive quotes, update on California fire, context throughout Feb 27 (Reuters) - U.S. independent power producer Vistra Corp VST.N reported fourth-quarter profit on Thursday, as strong electricity demand from AI data centers helped boost the company's earnings.Utilities have witnes...Reuters
Thu, Feb 27
BUZZ-Zevra Therapeutics rises on agreement to sell its FDA priority review voucher for $150 mln
** Shares of Zevra Therapeutics ZVRA.O rise 5.14% to $7.77 ** Zevra says it enters agreement to sell its rare pediatric disease Priority Review Voucher (PRV) for $150 million** The U.S. FDA granted the company PRV in September 2024 after approval of its drug Miplyffa** Miplyffa is indicated for use ...Reuters
Thu, Feb 27
Endeavor Group Holdings Inc reports results for the quarter ended December 31 - Earnings Summary
Endeavor Group Holdings Inc EDR.N reported quarterly adjusted earnings of 19 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of four analysts for the quarter was for earnings of 56 cents per ...Reuters
Thu, Feb 27
CORRECTED-BUZZ-Bath & Body Works falls on weak annual sales, profit forecasts
Corrects the period to fourth quarter, not third quarter, in bullet 5** Bath & Body Works' BBWI.N shares down 3.85% at $39.5 premarket ** Company forecasts annual net sales growth of 1% to 3%, the midpoint of which is below analysts' estimate for a 2.8% rise, according to data compiled b...Reuters
Thu, Feb 27
CORRECTED-BUZZ-Chips, AI-linked shares rise after Nvidia's upbeat revenue forecast
Corrects 7th bullet point to Vistra fourth-quarter 'income' not 'profit'** Shares of chipmakers and AI-lined stock rise premarket after bellwether Nvidia's NVDA.O quarterly outlook suggests demand from tech companies racing to build out AI infrastructure remains robust** "The...Reuters
Thu, Feb 27
Mexico's Femsa net profit doubles in fourth quarter, shares surge
Recasts throughoutMEXICO CITY, Feb 27 (Reuters) - Mexico's FEMSA FEMSAUBD.MX, which controls one of the largest Coca-Cola bottlers and a network of convenience store chains, reported on Thursday a more than double increase in net profit for its fourth quarter compared to the same period last yea...Reuters
Thu, Feb 27
Nexstar Media Group Inc reports results for the quarter ended December 31 - Earnings Summary
Nexstar Media Group Inc NXST.OQ reported quarterly adjusted earnings of $7.56 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $3.32. The mean expectation of eight analysts for the quarter was for earnings of $8.06 per share. Wa...Reuters
Thu, Feb 27
