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BUZZ-Insurer Markel jumps on strategic review announcement
** Shares of insurer Markel Group MKL.N jump as much as 7.9%; last up 6.7% at $1,984.11** MKL late Wednesday announced a business review of its operations focused on the performance of its specialty insurance business** Move comes after activist investor JANA Partners pushed for changes at the compa...Reuters
Feb 6, 2025
South African rand steady ahead of president's address
Updates prices to reflect afternoon tradeJOHANNESBURG, Feb 6 (Reuters) - The South African rand was little changed on Thursday as investors turned their attention to President Cyril Ramaphosa's national address for insights on future economic and political policies.At 1515 GMT, the rand traded a...Reuters
Feb 6, 2025
BUZZ-Tapestry hits record high on upbeat forecasts fueled by Coach demand
Updates** Shares of Coach handbag maker Tapestry TPR.N jump as much as 19.8% to $87.87 to hit a record high in early trading** Company raises annual sales, profit forecast, betting on strong demand for its pricey Tabby handbags** Beats second quarter results helped by sales at higher price points, p...Reuters
Feb 6, 2025
Xcel Energy Inc reports results for the quarter ended December 31 - Earnings Summary
Xcel Energy Inc XEL.OQ reported quarterly adjusted earnings of 81 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 87 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 87 cents per share. ...Reuters
Feb 6, 2025
Thermon Group Holdings Inc reports results for the quarter ended December 31 - Earnings Summary
Thermon Group Holdings Inc THR.N reported quarterly adjusted earnings of 56 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 59 cents. The mean expectation of four analysts for the quarter was for earnings of 55 cents per s...Reuters
Feb 6, 2025
Patterson-UTI Energy Inc reports results for the quarter ended December 31 - Earnings Summary
Patterson-UTI Energy Inc PTEN.OQ reported a quarterly adjusted loss of 13 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 15 cents. The mean expectation of seventeen analysts for the quarter was for a loss of 10 cents per ...Reuters
Feb 6, 2025
Lee Enterprises Inc reports results for the quarter ended December 31 - Earnings Summary
Lee Enterprises Inc LEE.OQ reported a quarterly adjusted loss of $2.80 per share for the quarter ended December 31. The lone analyst forecast for the quarter was for a loss of 40 cents per share. Revenue was $144.56 million; analysts expected $150.55 million. Lee Enterprises Inc's reported E...Reuters
Feb 6, 2025
BUZZ-Harrow rises after H.C. Wainwright starts coverage with 'buy' rating
** Eye-drug maker Harrow's HROW shares rise 2.09% to $31.32** Brokerage H.C. Wainwright starts coverage on HROW with "buy" rating; sets PT at $57** Brokerage sees rapid growth driven by co's branded products for eye diseases ** Expects HROW to continue to make meaningful and sensible...Reuters
Feb 6, 2025
BUZZ-Xcel Energy falls on quarterly results miss
** Shares of utility firm Xcel Energy XEL.O down 1.53% at $66.89 ** Co reports Q4 operating revenue of $2.41 bln, below analysts' average estimate of $3.77 bln, according to data compiled by LSEG** Also reports Q4 profit of $0.81 per share, below analysts' average estimate of $0.87 per share...Reuters
Feb 6, 2025
BUZZ-Zimmer Biomet falls after downbeat profit forecast
** Shares of medical device maker Zimmer Biomet ZBH.N fall 2.7% to $105** Stock closed in red in six of seven past sessions ** Co expects 2025 adj. profit to be in range of $8.15 to $8.35 per share, below analysts' avg. est. of $8.56, anticipating hit from strong dollar - LSEG data** Co's Q4...Reuters
Feb 6, 2025
ConocoPhillips reports results for the quarter ended December 31 - Earnings Summary
ConocoPhillips COP.N reported quarterly adjusted earnings of $1.98 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $2.40. The mean expectation of twenty five analysts for the quarter was for earnings of $1.84 per share. Wall Str...Reuters
Feb 6, 2025
Canada Goose cuts annual profit forecast on feeble demand in crucial market China
Adds analyst comment in paragraphs 4, executive comment in paragraph 5By Aatrayee Chatterjee Feb 6 (Reuters) - Canada Goose Holdings GOOS.N GOOS.TO trimmed its annual profit forecast and missed market estimates for third-quarter revenue on Thursday due to choppy sales in China, a key market for l...Reuters
Feb 6, 2025
Under Armour gets a lift from CEO Plank's full price focus, North America recovery
Posts Q3 profit of 8 cents/shr vs estimates of 4 cents/shrQ3 revenue in North America fell 8% vs 13% in prior quarterDoes not expect significant impact from tariff proposalsAdds analyst comment in paragraph 4, shares in paragraph 6 and details on tariffs in paragraphs 9 and 10By Anuja Bharat MistryF...Reuters
Feb 6, 2025
Why Meta Platforms Stock Jumped 18% in January
Shares of Meta Platforms (NASDAQ: META) were among the winners last month. The social media stock took off after the inauguration, benefiting from a potential TikTok ban, the company's increasingly cozy relationship with President Donald Trump, news of increased investment in artificial intelligence...The Motley Fool
Feb 6, 2025
GLOBAL MARKETS-US shares firm as tech earnings loom, BoE cut bruises sterling
European shares hit record highBank of England cuts UK interest rates, pound weakens US shares marginally higher Slew of corporate earnings, Amazon to come Yen strengthens on bets of more BOJ hikesBy Marc Jones and Alun John LONDON, Feb 6 (Reuters) - U.S. shares held steady after European equitie...Reuters
Feb 6, 2025
Air Products forecasts dour Q2 profit, sees challenges in China
APD forecasts Q2 profit below estimatesSees challenges in China, impact of tariffs on projectsNew CEO set to assume role from February 7Recasts throughout with second quarter forecast, comments from conference call, analyst's comments; adds sharesBy Vallari Srivastava Feb 6 (Reuters) - Air P...Reuters
Feb 6, 2025
US STOCKS-Wall St ticks higher as big corporate earnings lift sentiment
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Honeywell to separate aerospace and automation businessesTapestry up after raising annual sales and profit forecastIndexes up: Dow 0.04%, S&P 500 0.23%, Nasdaq 0.23%Updates after markets op...Reuters
Feb 6, 2025
Arrow Electronics Inc reports results for the quarter ended December 31 - Earnings Summary
Arrow Electronics Inc ARW.N reported quarterly adjusted earnings of $2.97 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $3.98. The mean expectation of six analysts for the quarter was for earnings of $2.63 per share. Wall Stre...Reuters
Feb 6, 2025
Aflac Delivers Strong Revenue Gains
Insurance provider Aflac (NYSE:AFL) revealed its fourth quarter 2024 financial results on Feb. 5, 2025, showcasing notable revenue achievements but falling short of targeted earnings per share (EPS). The company's adjusted EPS was reported at $1.56, missing the estimated $1.62 by 3.7%. Impressively,...The Motley Fool
Feb 6, 2025
