News
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BUZZ-Xilio jumps after collaboration with AbbVie to develop cancer treatments
** Shares of drug developer Xilio Therapeutics XLO.O more than double to $1.37 premarket** AbbVie ABBV.N and XLO enters into collaboration and option agreement to develop cancer immunotherapies** Under terms of the deal, XLO to receive $52 million in an upfront payment and will be eligible to receiv...Reuters
Wed, Feb 12
TE Connectivity to acquire Richards Manufacturing for about $2.3 billion
Updates shares, adds CEO comment in paragraph 6, details and background throughout Feb 12 (Reuters) - TE Connectivity TEL.N said it will buy utility grid products maker Richards Manufacturing Co for about $2.3 billion in cash, as it looks to strengthen its position in the electrical utilities mar...Reuters
Wed, Feb 12
Amazon Drops Massive News for Nvidia Stock Investors
In today's video, I discuss Amazon (NASDAQ: AMZN) and Nvidia (NASDAQ: NVDA). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Feb. 6, 2025. The video was published on Feb. 6, 2025.Where to invest...The Motley Fool
Wed, Feb 12
41 States That Don't Tax Social Security Benefits
Social Security benefits are one of the most impactful income sources for retirees. As of December 2024, over 51 million Americans received retired worker benefits, with many relying on them for a chunk or all of their retirement income.Unfortunately, Social Security benefits are still considered in...The Motley Fool
Wed, Feb 12
BUZZ-Ivanhoe Electric slides on $60 mln equity offering
** Shares of metals miner Ivanhoe Electric IE.N down 6.4% premarket to $5.53, a record low, after follow-on offering priced** Arizona-based firm late Tues announced ~10.3 mln units, comprising one share and one warrant, at $5.85 for $60 mln gross proceeds** Deal size increased from $50 mln, priced a...Reuters
Wed, Feb 12
BUZZ-Mercury General soars after Q4 profit tops expectations
** Shares of Los Angeles-based insurer Mercury General MCY.N jump 20.7% to $60.43 premarket** MCY late Tuesday reported Q4 operating income of $2.78/shr, blowing past Wall Street expectations of $1.12/shr, according to estimates compiled by LSEG** Q4 net premiums written jumped 16.1% to $1.31 billio...Reuters
Wed, Feb 12
Sonic Automotive Inc reports results for the quarter ended December 31 - Earnings Summary
Sonic Automotive Inc SAH.N reported quarterly adjusted earnings of $1.51 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.63. The mean expectation of nine analysts for the quarter was for earnings of $1.46 per share. Wall Stre...Reuters
Wed, Feb 12
Is IonQ Stock a Buy Now?
IonQ (NYSE: IONQ) has captured the attention of investors looking to play the long game in quantum computing. This nascent market, which is emerging as tech companies invest in entirely new ways of developing computer systems, has a lot of potential to grow. McKinsey estimates that it could be worth...The Motley Fool
Wed, Feb 12
BUZZ-Martin Marietta down after forecasting annual revenue, profit below estimates
** Shares of building material supplier Martin Marietta Materials MLM.N down 3.4% at $511 premarket** Company forecast annual revenue and profit largely below Street estimates on softness in residential construction demand** Sees annual revenue between $6.63 billion and $7.23 billion vs. estimates o...Reuters
Wed, Feb 12
Restaurant Brands Exceeds EPS Forecast
Restaurant Brands International (NYSE:QSR), a leading quick-service restaurant company known for brands like Burger King, Tim Hortons, and Popeyes, reported its fourth-quarter 2024 earnings on February 12, 2025. The results beat market expectations, with Adjusted Diluted EPS of $0.81 compared to pre...The Motley Fool
Wed, Feb 12
Could Uber Be Your Ticket to Becoming a Millionaire by 2035?
Uber Technologies (NYSE: UBER) recently reported mixed financial results for the fourth quarter of 2024. Revenue of just under $12 billion came in ahead of Wall Street expectations. But adjusted earnings per share of $0.23 were well below. Nonetheless, shares have been a major winner for investors -...The Motley Fool
Wed, Feb 12
BUZZ-Aligos Therapeutics rises after $105 million private placement
** Shares of biotech firm Aligos Therapeutics ALGS.O rise 3.8% to $27 premarket** ALGS says it is raising $105 million in a private placement financing ** Co is selling ~2.1 million shares of common stock along with warrants to purchase up to ~2 million additional shares at a combined purchase price...Reuters
Wed, Feb 12
BUZZ-Exelon forecasts 2025 profit above estimates, shares rise
Updates** Shares of U.S.-based utility firm Exelon EXC.O rise 2.2% to $43.29 premarket** Company forecasts adjusted profit for 2025 in the range of $2.64 per share to $2.74 per share, above analysts' estimates of $2.63 per share, according to data compiled by LSEG ** Company also beats fourth-qu...Reuters
Wed, Feb 12
BUZZ-Kraft Heinz falls on gloomy annual profit forecast
** Packaged food maker Kraft Heinz's KHC.O shares down 3.7% at $28.46 premarket** Company expects annual adjusted earnings per share in the range of $2.63 to $2.74, compared with analysts' average estimates of $3.04, as per data compiled by LSEG** Co forecasts annual organic net sales betwee...Reuters
Wed, Feb 12
BUZZ-Waters Corp falls on dour quarterly profit outlook
** Shares of lab equipment maker Waters Corporation WAT.N down 3.8% at $390 premarket** Co sees Q1 profit in the range of $2.17 and $2.25 per share, below Wall Street estimates of $2.42, hurt by a stronger dollar** Sees 2025 adj profit in the range of $12.7 to $13 per share, in line with analysts...Reuters
Wed, Feb 12
Warren Buffett Isn't Buying Many Stocks These Days – But He Can't Get Enough of This One
It's no big secret that Warren Buffett has been a net seller of stocks recently. Thanks to several massive stock sales, and a few smaller ones, Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) cash stockpile has ballooned to $325 billion as of the most recent quarter, far more than the conglomerate h...The Motley Fool
Wed, Feb 12
68% of Crypto Investors Think Bitcoin Will Hit $200,000 in 2025. Here's Why They May Be Wrong.
It's difficult to find many assets that have performed as well as Bitcoin (CRYPTO: BTC). In the past five- and 10-year periods, the world's top digital asset has rocketed 840% and 44,020% higher, respectively, even though it trades about 12% below its peak of $109,000 reached in late January (as of...The Motley Fool
Wed, Feb 12
BUZZ-Exelon rises after Q4 profit beat
** Shares of U.S.-based utility firm Exelon EXC.O rise 1.3% to $42.93** Company beats fourth-quarter profit estimates helped by higher rates for electricity** Reports Q4 adjusted EPS of 64 cents vs average estimate of 59 cents per share - LSEG data** Company forecasts adjusted profit for 2025 in the...Reuters
Wed, Feb 12
