Category: Latest News
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Genuine Parts beats second-quarter expectations and maintains full-year outlook (GPC)
Shares rise after earnings and revenue top forecasts Genuine Parts Company (NYSE:GPC) reported stronger-than-expected second-quarter results on Tuesday, exceeding Wall Street estimates for both earnings and revenue while reaffirming its full-year guidance. Investors responded positively to the results, sending shares of the automotive and industrial parts distributor up 3.34% in pre-market trading. Adjusted earnings came…
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Halliburton tops second-quarter forecasts but shares fall after results (HAL)
Earnings beat fails to lift the stock Halliburton Company (NYSE:HAL) reported second-quarter results ahead of market expectations on Tuesday, delivering better-than-forecast earnings and revenue despite a negative share price reaction in pre-market trading. Adjusted earnings came in at $0.55 per share, slightly above the analyst consensus of $0.54. Revenue reached $5.7 billion, exceeding expectations of…
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Kratos shares climb after securing $156 million U.S. nuclear security contract (KTOS)
Defense company wins major counter-drone programme Kratos Defense & Security Solutions (NASDAQ:KTOS) shares gained 3% on Tuesday after the company announced it had been awarded an approximately $156 million contract by the U.S. Department of Energy’s National Nuclear Security Administration Office of Secure Transportation. The sole-source Indefinite Delivery/Indefinite Quantity (IDIQ) agreement covers the delivery of…
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Carlyle shares gain on report of Anthesis ownership discussions with Bridgepoint (CG)
Stock rises following report on potential transaction Shares of Carlyle Group Inc. (NASDAQ:CG) moved higher in pre-market trading on Tuesday after a report indicated the private equity firm is exploring a deal involving its investment in sustainability consultancy Anthesis Group. According to Bloomberg, Carlyle is in discussions to transfer control of Anthesis to Bridgepoint Group…
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Vicor beats second-quarter expectations as backlog more than doubles despite share price decline (VICR)
Earnings surpass forecasts but shares move lower Vicor Corporation (NASDAQ:VICR) reported second-quarter financial results on Tuesday that came in ahead of Wall Street expectations for both earnings and revenue. Despite the stronger-than-expected performance, the power components manufacturer’s shares declined 6.23% in pre-market trading following the release. Adjusted earnings reached $1.04 per share, comfortably exceeding the…
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U.S. stocks set for higher open as strong earnings boost market sentiment: Dow Jones, S&P, Nasdaq, Wall Street Futures
Earnings optimism supports pre-market gains U.S. stock futures pointed to a firmer open on Tuesday as investors looked to recover from the previous session’s decline, with upbeat corporate earnings encouraging buying across several sectors. Market sentiment improved after a series of better-than-expected quarterly reports, prompting traders to return to stocks following recent weakness. 3M, GM…
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Atlantic Union Bankshares tops second-quarter forecasts as revenue and profit increase (AUB)
Bank beats earnings and revenue expectations Atlantic Union Bankshares Corporation (NYSE:AUB) reported stronger-than-expected second-quarter 2026 results on Tuesday, surpassing Wall Street estimates for both earnings and revenue. The upbeat results lifted shares 2.07% in pre-market trading. Adjusted earnings came in at $0.94 per share, ahead of the consensus estimate of $0.92. Revenue reached $415.37 million,…
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GM raises 2026 guidance after second-quarter earnings top expectations (GM)
Automaker beats forecasts but shares move lower General Motors Co. (NYSE:GM) reported stronger-than-expected second-quarter results on Tuesday, surpassing Wall Street forecasts for both earnings and revenue while increasing its financial guidance for the second time this year. Despite the stronger performance, shares fell 3.3% following the earnings release. Adjusted earnings per share came in at…
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Hasbro raises 2026 outlook after Magic: The Gathering powers second-quarter earnings beat (HAS)
Wizards of the Coast delivers record quarterly performance Hasbro Inc. (NASDAQ:HAS) reported stronger-than-expected second-quarter results on Tuesday, as exceptional performance from its Wizards of the Coast business helped the toy and gaming company beat Wall Street forecasts and lift its full-year guidance. Shares gained 1.73% in pre-market trading following the earnings release. Adjusted earnings per…
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KeyCorp tops earnings forecasts as profit climbs despite slight revenue miss (KEY)
Bank posts stronger quarterly earnings KeyCorp (NYSE:KEY) reported second-quarter 2026 results on Tuesday that exceeded earnings expectations, although revenue came in just below Wall Street forecasts. The bank posted adjusted earnings per share of $0.44, ahead of the consensus estimate of $0.42. Revenue totaled $1.96 billion, narrowly missing analysts’ expectation of $1.97 billion. Shares rose…