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Nordson rises after reporting upbeat quarterly results
** Shares of dispensing equipment maker Nordson NDSN.O rise 4.4% to $223.01 in extended trading** Company reports Q3 revenue and profit above Wall Street estimates** Reports Q3 adj. earnings of $2.73/shr, beating estimates of $2.64/shr, according to data compiled by LSEG** Reports quarterly revenue ...Reuters
16 minutes ago
CORRECTED-US STOCKS-Nasdaq, S&P 500 end lower as investors sell tech, buy less pricey sectors
Investors rotate out of tech and into other sectors Target down after reaffirming annual forecastEstee Lauder down as annual profit forecast below estimatesBy Johann M Cherian, Sanchayaita Roy and Carolina Mandl Aug 20 (Reuters) - The Nasdaq and S&P 500 fell on Wednesday as investors sol...Reuters
19 minutes ago
SharkNinja slips as board chair to offload shares in secondary offering
** Shares of home appliance maker SharkNinja SN.N down 2.7% post-market to $116.32 after secondary offering launched** Needham, Massachusetts-based firm says shareholders affiliated with CJ Xuning Wang, chairperson of its board, to sell 5 mln shares** JP Morgan and BofA are jt lead bookrunners for o...Reuters
22 minutes ago
Nordson Corp reports results for the quarter ended July 31 - Earnings Summary
Nordson Corp NDSN.OQ reported quarterly adjusted earnings of $2.73 per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of $2.41. The mean expectation of ten analysts for the quarter was for earnings of $2.64 per share. Wall Street expecte...Reuters
24 minutes ago
TRADING DAY-AI fatigue, policy intrigue
By Jamie McGeever ORLANDO, Florida, Aug 20 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist Gnawing doubts about the frenzy around artificial intelligence weighed on tech shares again on Wednesday, pushing Wall Street into the red a...Reuters
26 minutes ago
Horizon Bancorp slides after launching stock offering
** Commercial bank Horizon Bancorp's HBNC.O shares fall 6.9% to $14.95 in extended trading** HBNC announces launch of stock offering, with base offering size of $90 million, according to presentation** Proceeds from offering will be used for general purposes, including potential balance sheet re...Reuters
27 minutes ago
Why Zim Integrated Shipping Services Stock Slipped Today
Key PointsThe logistics company unveiled its latest set of quarterly figures.Unfortunately for shareholders, it missed on both the top and bottom lines.10 stocks we like better than Zim Integrated Shipping Services › The stock of logistics specialist Zim Integrated Shipping Services (NYSE: ZIM) land...The Motley Fool
32 minutes ago
Coty falls on surprise quarterly loss
** Shares of CoverGirl parent Coty COTY.N fall 11.5% to $4.30 in extended trading ** Co reports Q4 adjusted loss of 5 cents, compared with analysts' average estimate of profit of 2 cents, according to data compiled by LSEG** Coty's Q4 revenue down 8% at $1.25 billion, compared with est. of $...Reuters
35 minutes ago
Coty forecasts fall in current-quarter sales as US consumer caution persists
Aug 20 (Reuters) - Coty COTY.N on Wednesday forecast a drop in current-quarter sales despite edging past fourth-quarter revenue estimates, as weak spending in the U.S. cast a shadow on demand for its pricey beauty products, sending its shares down 12% in extended trading.Retailers in the U.S. are in...Reuters
35 minutes ago
Why Tesla Stock Sank Today
Key PointsMacroeconomic concerns are putting pressure on stocks across the market, especially those with stretched valuations.Only 52,000 cybertrucks have sold out of the 1 million pre-launch reservations.Tesla's stock carries a hefty premium based on the possibility of future technologies taking of...The Motley Fool
42 minutes ago
US STOCKS-Nasdaq, S&P 500 end lower as investors sell tech, buy less pricey sectors
Indexes: Dow flat, Nasdaq and S&P down 0.67% and 0.24% Investors rotate out of tech and into other sectors Target down after reaffirming annual forecastEstee Lauder down as annual profit forecast below estimatesBy Johann M Cherian, Sanchayaita Roy and Carolina Mandl Aug 20 (Reuters) - Th...Reuters
46 minutes ago
Unifi Posts 12% Revenue Drop in Q4
Key PointsRevenue (GAAP) dropped 12.0% year over year to $138.5 million, with reported net income (GAAP) positive only due to a one-time $35.8 million gain from asset sales.Gross profit (GAAP) and adjusted EBITDA (non-GAAP) both turned negative as demand softened, trade uncertainty continued, and in...The Motley Fool
51 minutes ago
Vivos Reports 7% Sales Drop
Key Points- Revenue fell to $3.8 million in the second quarter of 2025, missing last year's mark but landed above company estimates (GAAP).- Gross margin (GAAP) compressed to 55.0%, reflecting pricing discounts and a new sales model.- Operating expenses surged 52% year over year, as spending climbed...The Motley Fool
an hour ago
CANADA STOCKS-Toronto stock market ends higher as oil and gold prices climb
TSX ends up 0.2% at 27,878.76Energy adds 0.7% as ol settles 1.4% higherMaterials group gains 2%; gold climbsConsumer discretionary ends 1.9% lowerBy Fergal Smith Aug 20 (Reuters) - Canada's major stock index rose on Wednesday as resource shares notched gains and investors awaited the start of...Reuters
an hour ago
GLOBAL MARKETS-Wall Street tech selloff deepens, European shares steady
Tech-heavy US stock index ends down 0.7%Concerns over valuation, risk-off mood hurt tech stocksTrump's growing influence over tech sector raises concernsBy Jaspreet Kalra and Noel Randewich MUMBAI/SAN FRANCISCO, Aug 20 (Reuters) - Wall Street shares dropped on Wednesday, with a tech selloff e...Reuters
an hour ago
LIVE MARKETS-Growth stock weakness weighs, but late strength helps cut S&P 500, Nasdaq losses
Nasdaq down ~0.7%, S&P 500 declines ~0.24%, Dow edges greenCons Disc weakest S&P 500 sector; Energy leads gainersDollar slips; bitcoin gains; gold up ~1%; crude up >1%US 10-Year Treasury yield edges down to ~4.29%Welcome to the home for real-time coverage of markets brought to you by Reut...Reuters
an hour ago
EMERGING MARKETS-Latam FX, stocks mixed with focus on Jackson Hole symposium
Fed minutes show only two officials supported July rate cutBrazil's Lula's approval rating ticks up in AugustBolivia's Quiroga proposes economic reformsMSCI Latam FX rises 0.1%, stocks gain 0.2%By Purvi Agarwal and Sukriti Gupta Aug 20 (Reuters) - Latin American currencies and stocks ...Reuters
an hour ago
Recycled and synthetic fabric maker Unifi Q4 net sales fall 12%
OverviewUnifi fiscal Q4 net sales fall 12% yr/yr to $138.5 mlnCompany reports net income of $15.5 mln, aided by facility sale gainOutlookCompany expects Q1 fiscal 2026 net sales to improve sequentiallyUNIFI anticipates Q1 fiscal 2026 adjusted EBITDA to improve from Q4 fiscal 2025Company expects $1.0...Reuters
an hour ago
Target stock slumps after retailer names insider Fiddelke to CEO role
COO Michael Fiddelke to succeed long-time CEO Brian CornellTarget's Q2 net sales hit $25.2 billion, keeps annual forecasts intactStock has slumped amid sales struggles, DEI policy backlashFiddelke aims to improve merchandise quality, shopper experience, tech integrationBy Siddharth Cavale and Ju...Reuters
an hour ago
