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BUZZ-DuPont rises after 2025 profit forecast tops expectations
Updates** Industrial materials maker DuPont de Nemours' DD.N shares rise ~7.2% to $81.74** Company forecasts 2025 profit above estimates, and beats earnings estimates for Q4** DD expects full-year adj earnings between $4.30 and $4.40 per share, the midpoint of which is above analysts' estima...
Reuters
Tue, Feb 11
Why Axsome Therapeutics Stock Is Soaring Today
Shares of Axsome Therapeutics (NASDAQ: AXSM) are up on Tuesday. The company's stock gained 4.1% as of 10:20 a.m. ET, but was up as much as 5.6% earlier in the day. The jump comes as the S&P 500 (SNPINDEX: ^GSPC) lost 0.3% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 0.3% on the day.A senior an...
The Motley Fool
Tue, Feb 11
BUZZ-Phillips 66 rises after Elliott builds over $2.5 billion stake
Updates** Shares of U.S. oil refiner Phillips 66 PSX.N rise over 5% to $130.22** Activist investor Elliott Investment Management says it has built over $2.5 bln stake in PSX and plans to push for operational changes and a sale or spin-off of its midstream unit** Elliott says PSX's plan to boost ...
Reuters
Tue, Feb 11
BUZZ-WK Kellogg rises after beating quarterly profit estimates
Updates** Shares of Froot Loops maker WK Kellogg KLG.N jump as much as 11.2% to $18.13 - highest since January ** Co beats quarterly profit estimates owing to higher product prices** Logs quarterly adj. profit of 42 cents per share, above analysts' estimates of 26 cents per share - data compiled...
Reuters
Tue, Feb 11
Carlyle's profit misses estimates as private equity business weighs
Private equity arm weighs on Q4 profitCarlyle stock falls 6%Asset manager still met 2024 financial targetsAdds details from conference call and analyst comments in paragraphs 5, 7, 8, 11 and 12By Arasu Kannagi Basil Feb 11 (Reuters) - Carlyle Group's CG.O distributable fourth-quarter earnings...
Reuters
Tue, Feb 11
Compass Minerals Surprises With Big Loss
Compass Minerals International (NYSE:CMP), a leader in salt and specialty plant nutrition production, delivered a mixed report for its fiscal 2025 first quarter on Feb. 10. The company's non-GAAP loss of $0.55 per share contrasted with the earnings per share (EPS) of $0.13 anticipated by analysts. H...
The Motley Fool
Tue, Feb 11
BUZZ-Coty falls on trimming annual profit forecast, Q2 revenue drop
** Shares of CoverGirl parent Coty COTY.N fall as much as 7.2% to over two-year low of $6.28** Coty cut its annual profit forecast and posted a surprise drop in quarterly revenue, as it faces slowing demand for cosmetics** Company now expects annual adjusted EPS to be between 50 cents and 52 cents, ...
Reuters
Tue, Feb 11
EMERGING MARKETS-Latam FX, stocks resilient in face of Trump's new tariffs
Trump raises tariffs on steel, aluminum imports Brazil's inflation rate slows in JanuaryEcuador's bonds broadly recover MSCI Latam FX up 0.2%, stocks up 0.1%By Purvi Agarwal Feb 11 (Reuters) - Latin American currencies and stocks were higher on Tuesday as markets awaited more clarity on U...
Reuters
Tue, Feb 11
BUZZ-Coca-Cola up after quarterly results beat estimates on strong demand
Updates** Shares of beverage maker Coca-Cola KO.N rise as much as 5% to $67.64, the highest level since October 25** If gains hold, stock on track for best day since November 2022** Co beats quarterly results estimates on resilient demand for its sodas and juices** Posts Q4 adj. revenue of $11.40 bi...
Reuters
Tue, Feb 11
GLOBAL MARKETS-Stocks dip, US yields higher amid tariff push as Powell speaks
More Trump tariff announcements expected in coming daysPowell says Fed in no rush to cut short-term rates again, US economy 'strong overall'Oil bounces on Russian, Iranian supply concernsBy Chuck Mikolajczak LONDON, Feb 11 (Reuters) - A gauge of global stocks was slightly lower while ...
Reuters
Tue, Feb 11
BUZZ-U.S. STOCKS ON THE MOVE-Biohaven, Ecolab, Firefly
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes dipped on Tuesday as most megacap stocks fell, while investors awaited a testimony from Federal Reserve Chair J...
Reuters
Tue, Feb 11
CANADA STOCKS-TSX falls as metal mining shares, Shopify earnings weigh
Updates with market opening pricesBy Ragini Mathur Feb 11 (Reuters) - Canada's main stock index fell on Tuesday, dragged by mining shares following new U.S. tariffs on steel and aluminum, while Shopify's dour profit outlook weighed on technology shares.The S&P/TSX composite index .GSP...
Reuters
Tue, Feb 11
Is Twilio an Undervalued Growth Stock?
Twilio (NYSE: TWLO) helps enterprises manage customer relationships more effectively.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 Feb. 8, 2025. The video was pub...
The Motley Fool
Tue, Feb 11
Why Cryptocurrencies Cardano, Litecoin, and Dogecoin Are Rising Today
Certain cryptocurrencies zoomed higher today as rumors swirled about the potential for new spot crypto exchange-traded funds (ETFs). Spot ETFs previously served as powerful catalysts for the largest cryptocurrencies, Bitcoin and Ethereum.As of 10:23 a.m. ET, the price of Cardano (CRYPTO: ADA) had sh...
The Motley Fool
Tue, Feb 11
Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale
Elliott pushes for operational changesSays co must commit to ambitious refining targetsSays board needs new independent directors Updates shares in paragraph 2, adds analyst comment and background on Elliott in paragraphs 12 and 13By Vallari Srivastava Feb 11 (Reuters) - Elliott Investment Manag...
Reuters
Tue, Feb 11
Billionaire Bill Ackman Buys Billions of Dollars' Worth of Uber Stock
I rated Uber (NYSE: UBER) as my top stock to buy in 2025, so I am not surprised to see the market realize the hidden value in Uber stock.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...
The Motley Fool
Tue, Feb 11
DuPont forecasts better-than-expected 2025 profit on strong electronics demand
Adds details from conference call throughoutBy Seher Dareen Feb 11 (Reuters) - DuPont de Nemours DD.N on Tuesday forecast 2025 profit above Wall Street estimates on strong demand for electronics, sending shares of the industrial materials maker up nearly 7% in morning trading.A rapidly growing ma...
Reuters
Tue, Feb 11
Jerash Holdings (US) Inc reports results for the quarter ended December 31 - Earnings Summary
Jerash Holdings (US) Inc JRSH.OQ reported quarterly breakeven results per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of two analysts for the quarter was for a loss of 2 cents per share. Wall Street...
Reuters
Tue, Feb 11
Great News for Amazon Stock Investors
Amazon (NASDAQ: AMZN) highlighted improvements in customer delivery costs, which could lead to billions in profits and cash flow.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 afterno...
The Motley Fool
Tue, Feb 11
BUZZ-Cincinnati Financial rises on higher Q4 operating profit
** Insurance firm Cincinnati Financial's CINF.O shares rise up 5.9% to $143.56 in morning trading** Co reported quarterly adjusted operating profit of $3.14 per share, compared with $2.28 per share a year ago** Co's earned premiums grew 15% to $2.37 bln for the quarter ended December 31** Co...
Reuters
Tue, Feb 11
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