Category: Latest News
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Hormel warns turkey business divestment will trim annual sales but have limited earnings impact
Hormel Foods Corp. (NYSE:HRL) said the planned sale of its whole-bird turkey business is expected to reduce annual net sales by roughly $50 million, though the company anticipates only a minimal effect on overall earnings. The food producer recently reached an agreement to sell the unit to Minnesota-based Life-Science Innovations, but financial terms of the…
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Eli Lilly’s oral drug orforglipron shows stronger results than oral semaglutide in diabetes study
Eli Lilly and Company (NYSE:LLY) said its experimental oral diabetes treatment orforglipron delivered superior blood sugar reduction and weight-loss outcomes compared with oral semaglutide in a head-to-head clinical study published in The Lancet. The findings come from the 52-week ACHIEVE-3 trial, which enrolled 1,698 patients with type 2 diabetes and compared multiple dosing regimens of…
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Donaldson shares slide after earnings miss and weaker profit outlook
Donaldson Company (NYSE:DCI) shares fell more than 4% in premarket trading Thursday after the filtration products manufacturer reported quarterly results that missed analyst expectations and lowered parts of its fiscal 2026 outlook. The stock declined 4.39% ahead of the U.S. market open following the earnings release. The company posted adjusted earnings per share of $0.83…
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Privia Health tops forecasts on strong fourth-quarter earnings and revenue growth
Privia Health Group, Inc. (NASDAQ:PRVA) reported fourth-quarter results that surpassed Wall Street expectations on Thursday, driven by continued expansion in its physician network and strong operating performance, although the company’s shares edged slightly lower in premarket trading. The stock slipped 0.18% ahead of the market open following the announcement. The healthcare services company posted adjusted…
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Titan International tops fourth-quarter revenue forecasts as margins improve
Titan International, Inc. (NYSE:TWI) reported fourth-quarter revenue ahead of market expectations on Thursday, supported by stronger performance in its earthmoving and construction business, although the company’s shares were little changed in after-hours trading. The off-highway equipment manufacturer generated revenue of $410 million for the quarter, surpassing analyst estimates of $401.87 million and representing a 7%…
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Celsius shares jump after strong fourth-quarter revenue beat driven by acquisitions
Celsius Holdings Inc. (NASDAQ:CELH) saw its shares surge in premarket trading after reporting fourth-quarter results that topped Wall Street expectations, supported by rapid revenue growth following recent acquisitions. The company posted adjusted earnings per share of $0.26, exceeding analyst forecasts of $0.19 by $0.07. Quarterly revenue climbed 117% year over year to $721.6 million, ahead…
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Qnity Electronics gains after strong earnings beat highlights post-spin-off momentum
Shares of Qnity Electronics Inc. (NYSE:Q) rose more than 2% in premarket trading Thursday after the semiconductor technology solutions company reported fourth-quarter results that comfortably exceeded analyst expectations, underscoring solid performance following its recent separation from DuPont. The stock advanced 2.57% ahead of the market open after the company posted adjusted earnings per share of…
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BeOne Medicines slips after softer outlook overshadows quarterly earnings beat
Shares of BeOne Medicines Ltd. (NASDAQ:ONC) fell more than 2% in premarket trading Thursday after the oncology drugmaker issued full-year revenue guidance that came in below Wall Street expectations, despite reporting stronger-than-anticipated fourth-quarter results. The stock declined 2.62% ahead of the U.S. market open following the announcement. BeOne reported adjusted earnings of $1.95 per American…
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Nutanix jumps 23% after earnings beat and new AMD AI alliance
Shares of Nutanix (NASDAQ:NTNX) climbed more than 23% in premarket trading Thursday after the cloud software company posted stronger-than-expected quarterly results and announced a strategic artificial intelligence partnership with chipmaker AMD (NASDAQ:AMD). For its fiscal second quarter of 2026, Nutanix reported adjusted earnings per share of $0.56 on revenue of $722.8 million, compared with $654.7…
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Connecting Excellence grows recruitment income and expands Bitcoin holdings following IPO
Connecting Excellence Group Plc (AQSE:XCE) (USOTC:XCELF) said its executive recruitment business delivered strong first-half growth, supported by rising placement fees and continued investment in its Bitcoin treasury strategy following its public market debut. During the six months to 31 December 2025, Spencer Riley — the group’s core operating division — reported net fee income of…