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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
BUZZ-Apple supplier Skyworks tracking record drop as competition dents mobile segment outlook
Updates, recasts throughout** Shares of chip co Skyworks Solutions SWKS.O plummet 25.8% to $64.80, on course for their biggest one-day pct decline on record, as competition intensifies** SWKS shares hit lowest since Jan 2019** Apple AAPL.O supplier late Weds said expects rev declines in its mobile s...Reuters
Feb 6, 2025
BUZZ-Cognizant rises on fourth-quarter results beat
Updates** Shares of IT consulting firm Cognizant CTSH.O reverse course from premarket to rise about 3% to $85.93 in early trade** CTSH posted Q4 rev and adj profit/share above estimates from increase in spending by clients in financial sector ** "In North America, we are seeing an improve...Reuters
Feb 6, 2025
If You'd Invested $10,000 in Intuitive Surgical Stock 10 Years Ago, Here's How Much You'd Have Today
Many of us occasionally look at an impressive stock that we don't own and wonder, "How much would I have today if I'd invested in it some years ago?" One company that those in the know might wonder about is Intuitive Surgical (NASDAQ: ISRG) -- a giant in the robotic surgery arena.Image source: Getty...The Motley Fool
Feb 6, 2025
BUZZ-Air Products falls on lower-than-expected Q2 profit forecast
** Shares of industrial gases maker Air Products APD.N fall 1.1% to $329.40** Co forecasts Q2 profit below expectations due to soft demand** Expects Q2 EPS to be $2.75-$2.85, below analysts' average estimate of $3.05 - data compiled by LSEG** APD posts Q1 adj. earnings of $2.86/share, beating es...Reuters
Feb 6, 2025
Qualcomm shares fall on downbeat forecast for licensing business
Updates share move in paragraph 1, median price target in paragraph 11, analysts' comment in paragraph 9 Feb 6 (Reuters) - Shares of chipmaker Qualcomm QCOM.O fell about 5% in early trading on Thursday as a weak outlook for its patent licensing business outweighed strong expectations for quar...Reuters
Feb 6, 2025
Ralph Lauren's dresses, Polo shirts drive sales forecast raise
Strong demand from younger shoppers boosts salesNorth America wholesale business sees 6% growth in Q3Shares up 15% in early tradeUpdates shares in paragraph 1, adds analyst comment in paragraph 5 and CFO comment in paragraph 7By Ananya Mariam Rajesh Feb 6 (Reuters) - Ralph Lauren RL.N raised its ...Reuters
Feb 6, 2025
Bristol Myers Squibb Tops Q4 Estimates
Biopharmaceutical giant Bristol Myers Squibb (NYSE:BMY) reported fourth-quarter and full-year 2024 earnings on Thursday, Feb. 6, that topped analysts' consensus estimates. Adjusted earnings per share (EPS) of $1.67 outperformed the anticipated $1.46 while Q4 revenue surged to $12.3 billion, surpassi...The Motley Fool
Feb 6, 2025
Better Artificial Intelligence Stock: C3.ai vs. BigBear.ai
While mega-tech titans dominate headlines in the rapidly evolving landscape of artificial intelligence (AI), the next generation of innovation may lie in the hands of more specialized players. C3.ai (NYSE: AI) and BigBear.ai (NYSE: BBAI) are two small caps leveraging AI-powered applications into sig...The Motley Fool
Feb 6, 2025
BUZZ-Pagaya Technologies jumps as Blue Owl agrees to purchase $2.4B of consumer loans
** Shares of financial technology firm Pagaya Technologies PGY.O jump as much as 12.5% in early trading; last up 6.7% at $11.15** Funds managed by alternative asset manager Blue Owl Capital OWL.N have agreed to purchase as much as $2.4 bln of consumer loans through the PGY network over a 24-month pe...Reuters
Feb 6, 2025
BUZZ-InterDigital rises on higher-than-expected annual forecasts
** Shares of InterDigital IDCC.O up 7.2% at $196** Expect FY25 revenue between $660 million - $760 million, above analysts' average estimate of $533.0 million, according to data compiled by LSEG** Also expects FY25 adj. profit of $9.69 - $12.92 per share vs. analysts' average estimate of $4....Reuters
Feb 6, 2025
3 Top AI-Powered Biotech Stocks to Buy in February
Artificial intelligence (AI) is transforming various industries as a major investing theme in 2025. The technology's ability to automate complex workflows and enhance productivity is seen as a game-changer for the next generation of innovation.Perhaps the most promising AI application is its potenti...The Motley Fool
Feb 6, 2025
