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BUZZ-Planet Fitness falls after forecasting annual comparable sales, profit below expectations
Updates** Shares of gym chain Planet Fitness PLNT.N down 8% at $91.2, their highest percentage loss since September 2023** Co forecasts annual system-wide same-store-sales to grow in range of 5%-6%, below analysts' expectations of 6.5% growth, according to data compiled by LSEG** Co expects annu...
Reuters
Tue, Feb 25
BUZZ-Public Service Enterprise falls after raising its capital spending plan
** Energy company Public Service Enterprise Group's PEG.N shares fall 2.6% to $82.18** Company expects to spend $22.5 billion to $26 billion from 2025 to 2029, an increase of $3.5 billion from its prior five-year plan** PEG forecasts 2025 adj earnings between $3.94/share and$4.06/share vs est of...
Reuters
Tue, Feb 25
Alphabet Stock Investors Have Reason to Cheer as Revenue Soars to $97 Billion
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) reported a 12% year-over-year sales increase to $97 billion in the recently completed fourth quarter of 2024.Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free »*Stock prices used were the afternoon prices...
The Motley Fool
Tue, Feb 25
Middleby Smashes EPS Expectations
Middleby (NASDAQ:MIDD), a leading player in commercial, food processing, and residential kitchen equipment, released its Q4 2024 earnings on February 25, 2025.The company reported an adjusted earnings per share (EPS) of $2.88, surpassing the analyst estimate of $2.52 by $0.36, a 14.3% increase. Reve...
The Motley Fool
Tue, Feb 25
BUZZ-Adial Pharma jumps on regulatory pathway for alcohol-use disorder drug
** Shares of drug developer Adial Pharmaceuticals ADIL.O rise as much as 68.8% to $1.30** ADIL says U.S. FDA agreed with co's plan to use a specific approach called "in vitro bridging strategy" to support the development of AD04, to treat alcohol-use disorder in heavy-drinking patients**...
Reuters
Tue, Feb 25
Europe's top AI plays extend slide, Microsoft data centre worries persist
By Lucy Raitano and Samuel Indyk LONDON, Feb 25 (Reuters) - Some of Europe's most popular AI-linked stocks fell for a second day on Tuesday, after an analyst note late last week that flagged a possible slowdown by Microsoft on data centre leasing knocked sentiment ahead of make-or-break resul...
Reuters
Tue, Feb 25
BUZZ-AdaptHealth jumps on Q4 results beat
** Medical equipment provider AdaptHealth AHCO.O shares surge 26.7% to $10.85** Co posts Q4 revenue of $856.6 mln, beating analysts estimate of $829.2 mln, as per data compiled by LSEG** Reports Q4 net income of $51.4 mln, vs. estimate of $34.1 million** AHCO forecasts 2025 revenue of $3.22 bln to $...
Reuters
Tue, Feb 25
IBM to Acquire DataStax, Deepening watsonx Capabilities and Addressing Generative AI Data Needs for the Enterprise
Planned acquisition furthers IBM's commitment to open-source innovation; helps clients access untapped, unstructured enterprise data to maximize the impact of generative AI ARMONK, N.Y., Feb. 25, 2025 /PRNewswire/ -- IBM (NYSE: IBM) today is announcing its intent to acquire DataStax, an AI and...
PR Newswire
Tue, Feb 25
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood had a quiet first day of trading for the final week of February. The co-founder, CEO, and ace stock picker for Ark Invest executed only four transactions across her family of growth-focused exchange-traded funds. I want to talk about three of them.Wood added to her existing positions in ...
The Motley Fool
Tue, Feb 25
Warren Buffett Just Made a Surprise Move. Here's What It Could Mean For the Markets
Warren Buffett watchers eagerly anticipate the Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) quarterly 13F filing, detailing which stocks the holding company bought and sold during the quarter. Buffett rarely talks about the company's specific holdings or what goes into management's investing decisi...
The Motley Fool
Tue, Feb 25
Lilly unveils higher vial doses of obesity drug that are cheaper than injector pen
Investing.com - Eli Lilly (NYSE:LLY) announced on Tuesday that it would begin selling 7.5 milligram and 10 milligram single-dose vials of its Zepbound weight-loss drug at a roughly $150 discount to it
Investing.com
Tue, Feb 25
BUZZ-Portillo's rises on upbeat annual core profit forecast fueled by higher menu prices
Updates** Shares of fast casual restaurant chain Portillo's PTLO.O up as much as 12.7% at $15.30 in early trading** Company forecasts annual core profit largely above analysts' expectation, betting on benefits from higher menu prices** Company expects annual adjusted EBITDA growth between 6%...
Reuters
Tue, Feb 25
BUZZ-Home Depot gains after surprise rise in comparable sales
Updates** Home improvement firm Home Depot's HD.N shares reverse their premarket fall, and are up 3% at $393** Co posts surprise rise of 0.8% in comparable sales, compared with analysts' estimate of a 1.87% drop - data compiled by LSEG** Customer transactions jump 7.6% from last year, while ...
Reuters
Tue, Feb 25
BUZZ-BGC Group rises after BofA starts coverage with 'buy'
** Shares of brokerage firm BGC Group BGC.O rise as much as 7.5%; last up 6% at $9.43 in early trading** BofA Global Research initiates coverage of BGC with "buy" rating and $16 PT, 79.8% upside to stock's last close** Brokerage says easing regulatory backdrop under Trump administration ...
Reuters
Tue, Feb 25
UFP Technologies Inc reports results for the quarter ended December 31 - Earnings Summary
UFP Technologies Inc UFPT.OQ reported quarterly adjusted earnings of $2.10 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.51. The mean expectation of three analysts for the quarter was for earnings of $1.98 per share. Wall ...
Reuters
Tue, Feb 25
Where Will S&P Global Stock Be in 5 Years?
S&P Global's (NYSE: SPGI) stock has rallied more than 80% over the past five years and is currently hovering near its all-time high. The financial services leader impressed investors with its robust growth and resistance to macro headwinds, and it could maintain that momentum as the macro environmen...
The Motley Fool
Tue, Feb 25
BUZZ-China tech ADRs rebound; UBS says sector remains attractive
** U.S.-listed shares of Chinese tech companies regain ground after steep losses in the previous session ** Concerns about U.S. investment curbs on China saw ADRs tracking stocks fall on Monday** Alibaba BABA.N up 4%; stock tumbled over 10% in its worst day since Oct. 2022 on Monday, Hong-Kong liste...
Reuters
Tue, Feb 25
BUZZ-Zoom Communications hits near 4-mth low on bleak revenue outlook
Updates** Shares of Zoom Communications ZM.O plunge 9.5% to $73.30 in early trading, hitting their lowest since Oct. 29** Video conferencing platform forecasts FY and Q1 rev below Wall Street estimates as employers gradually move away from hybrid work models ** Following Trump's return-to-off...
Reuters
Tue, Feb 25
BUZZ-Henry Schein falls on weak 2025 profit forecast
** Shares of healthcare product distributor Henry Schein HSIC.O fall 1.7% to $76.31** Co forecasts 2025 profit between $4.80 and $4.94 per share, lower than analysts' estimates of $4.99, per data compiled by LSEG ** HSIC reports Q4 profit of $1.19/share vs est of $1.21/share** Total Q4 sales of ...
Reuters
Tue, Feb 25
BUZZ-Fintech WEX jumps on tender offer plan to repurchase shares worth $750 million
** Shares of fintech firm WEX WEX.N jump as much 9%; last up 6.5% at $158 in early trading** WEX says it intends to launch a so-called "modified Dutch auction" tender offer to repurchase up to $750 million worth of common stock** Such a tender offer allows shareholders to indicate how many s...
Reuters
Tue, Feb 25
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