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Shares of Calvin Klein-parent PVH and Illumina fall after China targets companies
Feb 4 (Reuters) - Shares of Calvin Klein-owner PVH Corp PVH.N and genetic testing company Illumina ILMN.O fell in U.S. premarket trading on Tuesday after China placed the two companies on its "unreliable entity" list, making them eligible for sanctions.Companies added to the blacklist can be...
Reuters
Feb 4, 2025
ATI Inc reports results for the quarter ended December 31 - Earnings Summary
ATI Inc ATI.N reported quarterly adjusted earnings of 79 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 64 cents. The mean expectation of eleven analysts for the quarter was for earnings of 61 cents per share. Wall Stree...
Reuters
Feb 4, 2025
BUZZ-Mexico's BBB Foods falls after secondary offering unveiled
** Shares of discount grocer BBB Foods TBBB.N down 4.6% to $29.80 premarket after secondary offering announced** Mexico City-based co late Mon commenced 17.5 mln share offering by existing holders** JP Morgan and Morgan Stanley leading the offering** Biggest seller is PE firm Quilvest Capital Partn...
Reuters
Feb 4, 2025
Cummins beats quarterly estimates on strong power generation demand
Feb 4 (Reuters) - U.S. truck engine maker Cummins Inc CMI.N on Tuesday reported fourth-quarter revenue and profit above Wall Street estimates on strong demand for its power generation products, sending the company's shares up 3.5% before the bell.The artificial intelligence race among big tech g...
Reuters
Feb 4, 2025
BUZZ-U.S. STOCKS ON THE MOVE-Apollo, Spotify, Regeneron
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures were slightly lower on Tuesday as investors stayed away from risky assets after China deployed retaliatory tariffs ag...
Reuters
Feb 4, 2025
LIVE MARKETS-Nasdaq composite: Lots of chop as tries to avoid a bigger drop
U.S. equity index futures mixed, little changedEuro STOXX 600 index ~flatDollar edges red; bitcoin, crude both off >2%; gold gainsU.S. 10-Year Treasury yield rises to ~4.59%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with ...
Reuters
Feb 4, 2025
NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR FEBRUARY 4th
NEW YORK, Feb. 4, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXy...
PR Newswire
Feb 4, 2025
US STOCKS-Wall St set for subdued open after China's retaliatory tariffs
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.PepsiCo down after forecasting annual profit below estimatesMerck falls on dour 2025 forecastFutures: Dow down 0.13%, S&P 500 up 0.07%, Nasdaq up 0.22%Updates prices before markets openBy S...
Reuters
Feb 4, 2025
Marathon Petroleum: Q4 EPS, Revenue Fall
Oil refining specialist Marathon Petroleum (NYSE:MPC) had a rough fourth quarter, according to its earnings report released on Tuesday, Feb. 4. Quarterly earnings per share (EPS) fell nearly 81% year over year to an adjusted EPS of $0.77. Revenue of $33.14 billion decreased 8.6%. The quarter undersc...
The Motley Fool
Feb 4, 2025
Fabrinet delivers beat-and-raise quarter but shares slide on datacom weakness
Investing.com -- Shares in Fabrinet (NYSE:FN) sank nearly 10% in premarket trading Tuesday despite the company’s beat-and-raise performance in the second quarter of fiscal 2025.The company deliver
Investing.com
Feb 4, 2025
Better EV Stock: Rivian vs. Tesla
The electric vehicle market is getting crowded as traditional automakers release new EV models and new start-ups expand their position in the market. The result has been a rise in EV sales, which jumped 7% in the U.S. last year. But finding a long-term winner among EV stocks isn't exactly easy right...
The Motley Fool
Feb 4, 2025
MIDEAST STOCKS-Most Gulf markets gain despite trade war fears
By Ateeq Shariff Feb 4 (Reuters) - Most stock markets in the Gulf ended higher on Tuesday as investors focused on upcoming corporate earnings, despite escalating trade tensions between the U.S. and China.China slapped tariffs on U.S. imports in a swift response to new U.S. duties on Chinese goods...
Reuters
Feb 4, 2025
BUZZ-Estee Lauder falls on gloomy quarterly profit forecast; announces job cuts
** Cosmetics company Estee Lauder's EL.N shares down nearly 7.45% at $76.60** Company forecasts third-quarter adjusted earnings per share between 24 cents and 34 cents, below analysts' estimates of 63 cents per share, according to data compiled by LSEG.** "For the third quarter, we expec...
Reuters
Feb 4, 2025
BUZZ-Regeneron rises on new dividend program, Q4 results beat
** Shares of drugmaker Regeneron Pharmaceuticals REGN.O rise ~2% to $680.40 premarket** REGN says its board approved a cash dividend program, paying 88 cents per share to shareholders on March 20** Co announces an additional $3 bln share repurchase program, bringing total current capacity to around ...
Reuters
Feb 4, 2025
2 Warren Buffett Stocks to Buy Hand Over Fist in February
Warren Buffett and his company, Berkshire Hathaway, have been successfully picking great stocks for decades. Their track record and superior market-beating returns speak for themselves. Berkshire owns 46 stocks and exchange-traded funds (ETFs) in its $300 billion-plus equities portfolio.Berkshire's ...
The Motley Fool
Feb 4, 2025
Between Costco and Home Depot, What Is the Top Retail Stock to Buy Right Now?
Given its proximity to many consumers, you've most likely shopped at a Costco (NASDAQ: COST) or Home Depot (NYSE: HD) warehouse. With combined annual revenue in the hundreds of billions of dollars, these businesses are two gigantic retailers.Due to their dominant positions, Costco and Home Depot mig...
The Motley Fool
Feb 4, 2025
BUZZ-PayPal falls as Q4 margin contraction clouds upbeat 2025 profit forecast
** Payments firm PayPal's PYPL.O shares drop ~6% to $84.10 premarket** PYPL's operating margin shrinks in Q4, overshadowing a strong profit forecast for 2025 as it raises concerns that co's turnaround would be sluggish** Adjusted operating margins - a key source of investor anxiety amid...
Reuters
Feb 4, 2025
BREAKINGVIEWS-Answer to UBS’s chronic US problem may be M&A
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.By Liam Proud LONDON, Feb 4 (Reuters Breakingviews) - Sergio Ermotti has a U.S. problem. The UBS UBSG.S boss acknowledged as much on Tuesday by releasing some new targets for the Americas wealth unit, which has $...
Reuters
Feb 4, 2025
BUZZ-Jacobs beats quarterly profit estimates, shares rise
** Shares of engineering services provider Jacobs Solutions J.N rise 2.6% to $142.42 in premarket trade** J tops estimates for first-quarter profit on higher revenue from its water and life sciences businesses within its infrastructure & advanced facilities segment** Co announces 2025 buyback pr...
Reuters
Feb 4, 2025
Regeneron beats quarterly estimates on eczema drug demand; launches dividend program
Feb 4 (Reuters) - Regeneron Pharmaceuticals REGN.O beat fourth-quarter sales and profit estimates on Tuesday, on continuing demand for its eczema treatment, Dupixent, and announced a dividend and stock buyback program, sending its shares up 2.2% premarket.U.S. sales of Eylea, which has been its long...
Reuters
Feb 4, 2025
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