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BUZZ-Ralph Lauren up after annual revenue forecast raise, upbeat Q3 results
** Shares of Ralph Lauren RL.N up 12.4% at $279.94 premarket** Co raises annual revenue forecast on strong demand for its apparel collection** Sees 2025 revenue increase between 6% and 7%, vs. prior forecast of a 3% to 4% rise** Q3 sales of $2.14 billion beat estimates of $2.01 billion and adjusted ...
Reuters
Feb 6, 2025
BUZZ-Warner Music Group down on Q1 revenue fall
** Shares of media company Warner Music Group WMG.O fall 2.5% to $31.30 in premarket trading ** Co's Q1 revenue fell ~5% to $1.67 bln, compared with estimates of $1.66 bln- LSEG** Q1 Recorded Music revenue fell 7% to $1.35 bln, partly impacted by a licensing deal extension in the prior year that...
Reuters
Feb 6, 2025
MIDEAST STOCKS-Gulf markets end mixed as Trump proposals continue to weigh
By Ateeq Shariff Feb 6 (Reuters) - Stock markets in the Gulf ended mixed on Thursday as U.S. President Donald Trump's latest announcements continued to weigh on investor sentiment.Trump said this week the U.S. would take over the war-ravaged Gaza Strip and develop it economically after Palest...
Reuters
Feb 6, 2025
BUZZ-IQVIA rises after quarterly results beat
** Shares of IQVIA IQV.N rise 6% to $217.75 premarket** Contract research firm's Q4 adj EPS of $3.12 narrowly beats Wall Street estimates of $3.11 - Data compiled by LSEG** Its Q4 rev of $3.96 bln is above estimates of $3.94 bln ** In 2024, IQV stock fell 15.1%
Reuters
Feb 6, 2025
Hershey Surpasses Earnings Forecast
The Hershey Company (NYSE:HSY), a leading North American confectionery and snack company, released its fourth-quarter 2024 earnings on February 6, 2025.The results exceeded market expectations, with key metrics such as Non-GAAP earnings per share (EPS) reported at $2.69, well above the analyst estim...
The Motley Fool
Feb 6, 2025
European defence stocks fall on talk of Ukraine peace plan
Adds fund manager comment, updates pricesBy Danilo Masoni MILAN, Feb 6 (Reuters) - Shares in some European defence companies fell sharply on Thursday, with traders citing growing talk over a possible Ukraine peace plan ahead of a meeting between Russian President Vladimir Putin and U.S. President...
Reuters
Feb 6, 2025
Could 2025 Be a Repeat of 2022 for Big Tech?
Investors often love investing in tech stocks because of how much upside there can be in both the short term and long term. Companies involved in next-gen technologies can become incredibly popular, but they can also rise to unsustainable valuations. Back in 2022, tech stocks crashed, and inflated v...
The Motley Fool
Feb 6, 2025
Huntington Ingalls reports fourth-quarter earnings below estimates, shares slide
Feb 6 (Reuters) - Military Shipbuilder Huntington Ingalls HII.N missed estimates for fourth-quarter revenue and profit on Thursday, hurt by lower performance at its Newport News shipbuilding facility, sending its shares down 11% in pre-market trading.The company, which faces issues related to supply...
Reuters
Feb 6, 2025
Hovering Around a 4-Year Low, Is This High-Yield Dividend King Too Cheap to Ignore?
PepsiCo (NASDAQ: PEP) fell 4.5% on Tuesday after the beverage and snack giant reported fourth-quarter and full-year 2024 results.Pepsi also announced its 53rd consecutive dividend raise, pole-vaulting its forward dividend yield to 4%. Throw in a mere 20.6 price-to-earnings (P/E) ratio, and Pepsi is ...
The Motley Fool
Feb 6, 2025
BUZZ-Altus Power gains as TPG to buy co in $2.2 bln deal
** Shares of solar firm Altus Power AMPS.N rise 28.2% to $4.9 premarket** Buyout firm TPG's TPG.O climate investment arm to acquire Altus Power for $2.2 billion in an all-cash transaction** AMPS says TPG will acquire company for $5.00 per share** Purchase price represents a 66% premium to AMPS...
Reuters
Feb 6, 2025
BUZZ-Arrow Electronics falls on Q1 adjusted profit below estimates
** Shares of electronic components distributor Arrow Electronics ARW.N down 4.27% at $110 premarket** Co expects Q1 adj. profit between $1.30 and $1.50 per share, below analysts' average estimate of $1.99 per share, due to foreign-currency changes ** Reports Q4 adj. profit of $2.97 per share vs ...
Reuters
Feb 6, 2025
Colliers International Group Inc reports results for the quarter ended December 31 - Earnings Summary
Colliers International Group Inc CIGI.TO reported quarterly adjusted earnings of $2.26 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $2.00. The mean expectation of eight analysts for the quarter was for earnings of $2.37 per ...
Reuters
Feb 6, 2025
Colliers International Group Inc reports results for the quarter ended December 31 - Earnings Summary
Colliers International Group Inc CIGI.TO reported quarterly adjusted earnings of $2.26 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $2.00. The mean expectation of eight analysts for the quarter was for earnings of $2.37 per ...
Reuters
Feb 6, 2025
First National Corp reports results for the quarter ended December 31 - Earnings Summary
First National Corp FXNC.OQ reported a quarterly adjusted loss of 10 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -14 cents. The mean expectation of two analysts for the quarter was for a loss of 4 cents per share. Wal...
Reuters
Feb 6, 2025
BUZZ-Mach Natural Resources slides after equity offering unveiled
** Shares of Mach Natural Resources MNR.N down 9.2% premarket to $15.60, a six-week low, after announcing follow-on** Oklahoma City-based oil and gas producer late Weds launched offering of 12 mln units** MNR said intends to use net offering proceeds to repay debt under its credit facilities** Co...
Reuters
Feb 6, 2025
Snap-on posts in-line quarterly net sales; Tools Group notes lower revenue
Feb 6 (Reuters) - Tools and equipment maker Snap-on SNA.N posts quarterly net sales in line with estimates on Thursday, while its Tools Group segment showed weaker performance, sending its shares down 3.2% before the bell.Snap-on's largest segment by revenue, Tools Group, which provides mobile t...
Reuters
Feb 6, 2025
BUZZ-Philip Morris up after forecasting annual profit above estimates
** Shares of Marlboro owner Philip Morris International PM.N up 8% at $141.53 premarket** Co forecast annual profits above estimates after upbeat Q4 results on demand for its smoking alternatives such as ZYN nicotine pouches** See annual adjusted EPS between $7.04 to $7.17, above analysts' estim...
Reuters
Feb 6, 2025
Tapestry Surpasses EPS Expectations
Tapestry (NYSE:TPR), the company behind well-known brands like Coach, Kate Spade, and Stuart Weitzman, announced its second-quarter fiscal results on February 6, 2025. The company reported adjusted earnings per share (EPS) of $2.00, beating analyst predictions of $1.75 by 14.3%. Revenue also exceede...
The Motley Fool
Feb 6, 2025
Equifax Inc reports results for the quarter ended December 31 - Earnings Summary
Equifax Inc EFX.N reported quarterly adjusted earnings of $2.12 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.81. The mean expectation of sixteen analysts for the quarter was for earnings of $2.10 per share. Wall Street ex...
Reuters
Feb 6, 2025
Has the Bubble Burst for Viking Therapeutics Stock?
The excitement surrounding Viking Therapeutics (NASDAQ: VKTX) stock has been dying down significantly lately. In six months, the stock has lost more than 40% of its value. Many investors may have been hoping that another, larger healthcare company would acquire it for its promising GLP-1 treatment, ...
The Motley Fool
Feb 6, 2025
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