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PG&E gains on tighter 2026 profit forecast
Shares of California-based utility PG&E PCG.N up 4.4% to $17.85Tightens forecast for adj. core earnings per share to between $1.64 and $1.66 for 2026, vs previous forecast of $1.62 to $1.66Co raises lower end of its forecast range on strong power demand driven by data centers and broader load gr...
Reuters
6 minutes ago
American Electric Power rises to record high after beating Q4 profit estimates, increased capex plan
Shares of utility company American Electric Power AEP.O up 4.5% to a record high of $127.8Co surpasses Q4 profit expectations, citing surge in power demand driven by large hyperscalers*Co says it has identified $5 billion to $8 billion in additional transmission and generation projects beyond its cu...
Reuters
9 minutes ago
CANADA STOCKS-TSX falls as tech, commodities drag
TSX down 0.4%Tech extends losses, Financials gainAsset manager Brookfield up 4.1%Burger King-parent Restaurant Brands fall 5.9%By Utkarsh Hathi Feb 12 (Reuters) - Canada's main stock index slipped on Thursday, as weakness in tech and commodities shares overshadowed earnings-driven gains in...
Reuters
22 minutes ago
Utz hits worst day on record after snacks maker forecasts drop in annual profit
Shares of potato-chips and pretzels maker Utz Brands UTZ.N down as much as 19% at $9.02 - lowest on recordCo expects fiscal 2026 adjusted earnings per share to decline, driven primarily by higher depreciation and amortization of about $13 millionExpects annual adjusted EPS to decline in the range of...
Reuters
23 minutes ago
Silver miners fall as the white metal follows bullion's slip
Shares of silver miners fall, tracking prices of the white metal GOL/Spot silver XAG= falls 1.2% to $83.01 per ounce, after a 4% climb on WednesdayPrices dip tracing that of bullion as strong U.S. labour data that dampened hopes of near-term Federal Reserve rate cuts offset safe-haven demand stirred...
Reuters
25 minutes ago
US STOCKS-S&P 500, Dow gain as markets cheer resilient economy, focus shifts to earnings
Indexes: Dow up 0.42%, S&P 500 up 0.21%, Nasdaq down 0.05%Weekly jobless claims fell less than expected last weekPersonal computer makers dip after peer warns of memory shortageCisco falls after Q2 adjusted margin misses estimatesBy Twesha Dikshit and Purvi Agarwal Feb 12 (Reuters) - The S&am...
Reuters
27 minutes ago
FedEx climbs on upbeat holiday quarter adjusted profit forecast
Shares of global delivery firm FedEx Corp FDX.N up 2% to $374.54 after co expects holiday quarter adjusted profit to top Wall Street's viewFedEx says current quarter's adj. profit will top FactSet’s consensus estimate of $4.01/shr FactSet's estimates are higher than LSEG compiled expecta...
Reuters
28 minutes ago
U.S. STOCKS ON THE MOVE-Iron Mountain, BridgeBio, Old Dominion,
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500 and the Dow climbed on Thursday after upbeat labor market data soothed jitters about the U.S. economy, with investors redirecting their attention to a packed lineup of compan...
Reuters
34 minutes ago
Netstreit rises after upsized $209 mln stock offering
Retail real estate investment trust Netstreit NTST.N shares up 1.6% at $19.56 on Thurs after upsized follow-on of ~$209 mln priced Dallas, Texas-based NTST late Weds announced 10.98 mln shares at $19 with forward sale component Offering size increased from 8.75 mln shares; priced at 1.3%...
Reuters
37 minutes ago
EMERGING MARKETS-Argentine peso leads Latam FX higher; markets digest local, US data
LATAM stocks flat, FX up 0.4%Argentina Senate passes Milei's labour reformBrazil's services sector activity misses expectations in DecBy Pranav Kashyap Feb 12 (Reuters) - Most Latin American currencies inched higher on Thursday as investors sifted through a busy week of local data and pol...
Reuters
37 minutes ago
CarMax taps former IHG chief Keith Barr as CEO
Feb 12 (Reuters) - CarMax KMX.N on Thursday named Keith Barr as its next chief executive, who will take over the helm at the used-car retailer as it navigates a turnaround plan and lower demand. Shares of the company were down more than 5% in early trading.Barr, a veteran from the hospitality indust...
Reuters
51 minutes ago
Street View: Hilton poised for AI gains, premium travel demand rises
Hilton Worldwide Holdings HLT.N beat fourth-quarter profit estimates, helped by strong demand for premium travelHowever, co forecasts 2026 room revenue growth below Wall Street expectations, reflecting lower spending by budget-conscious travelersShares of HLT up 2.2% at $332.3 INCREASED ROOM DEM...
Reuters
51 minutes ago
FedEx Corp Stock Moved Up by 3.25% on Feb 12: Drivers Behind the Movement
• FedEx provided optimistic quarterly guidance and long-term financial targets. • Analysts upgraded ratings and significantly raised price targets for FedEx. • FedEx Freight spin-off planned by June 1, 2026, potentially unlocking value.
FedEx Corp
TradingKey
55 minutes ago
Seagate Technology Holdings PLC Stock Moved Up by 10.57% on Feb 12: A Full Analysis
• Seagate to exchange $600 million in notes for cash and shares. • Fiscal Q2 2026 results surpassed expectations for EPS and revenue. • Multiple analysts upgraded price targets, indicating positive outlook.
Seagate Technology Holdings PLC
TradingKey
55 minutes ago
Gold miners slide as strong US jobs data offsets Iran tensions
Shares of gold miners fall, tracking bullion prices GOL/Spot gold XAU= down 0.4% at $5,059.87/ouncePrices edged lower as strong U.S. labour data that dampened hopes of near-term Federal Reserve rate cuts offset safe-haven demand stirred by geopolitical tensions between U.S. and IranMiners Newmont NE...
Reuters
59 minutes ago
Canadian miner Vizsla Silver falls after on-site operations halt due to abductions
Shares of Canadian miner Vizsla Silver VZLA.TO fall 2.3% to C$5.12Co says that work on its Panuco silver-gold project will continue remotely as on-site operations remain suspended, following the abduction of 10 workers last month in Concordia, MexicoFive employees remain unaccounted for, the company...
Reuters
an hour ago
Bombardier gains on higher fourth-quarter revenue
Shares of Canandian plane maker Bombardier BBDb.TO rise nearly 1% to C$249 in early tradingCo posts higher fourth-quarter revenue, driven by an increase in aircraft deliveries during the last three months of 2025It reports Q4 adjusted profit of $4.80/share, compared with $3.01/share a year earlier,...
Reuters
an hour ago
Burger King-parent beats sales estimates on international demand, value push
Feb 12 (Reuters) - Restaurant Brands International QSR.TO, QSR.N reported fourth-quarter sales above estimates on Thursday, driven by strength in its international Burger King outlets, even as it tackles stiff competition for its value menus and higher commodity costs in the United States. Fast-food...
Reuters
an hour ago
LIVE MARKETS-US stocks mixed out of the gate
Dow gains, S&P 500 edges up, Nasdaq dipsReal Estate leads S&P 500 sector gainers; Tech weakest groupEuro STOXX 600 index up ~0.4%Dollar, gold, crude, bitcoin all lowerUS 10-Year Treasury yield edges dips to ~4.15%Welcome to the home for real-time coverage of markets brought to you by Reuters...
Reuters
an hour ago
Crocs soars on upbeat annual forecast, $100 million cost-savings plan
Footwear maker Crocs' CROX.O shares surge nearly 20% to $99.20 in early trading, set for its best day since February last yearExpects 2026 revenue to range between 1% fall and marginal rise, compared with analysts' average estimate of 0.8% drop - data compiled by LSEG*Shares touch highest le...
Reuters
an hour ago
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