Category: Latest News

Edgewell Personal Care Company (NYSE:EPC) delivered fourth-quarter results on Thursday that showed stronger-than-expected sales but weaker earnings, sending shares down 0.85% in premarket trading. The company reported adjusted EPS of $0.68, falling short of the Wall Street consensus of $0.80. Still, quarterly revenue came in at $537.2 million, topping forecasts of $532.34 million and rising…

Canadian Solar Inc. (NASDAQ:CSIQ) surged more than 12% in premarket trading on Thursday after reporting third-quarter revenue that surpassed expectations, powered by record performance in its battery energy storage business. The company generated $1.5 billion in revenue, beating analyst estimates of $1.37 billion and hitting the upper end of its outlook. Its gross margin of…

Sapiens International Corporation (NASDAQ:SPNS) delivered third-quarter results that beat revenue expectations on Thursday, fueled by accelerating demand in North America and continued expansion across emerging markets, while earnings landed in line with analyst projections. The insurance software provider reported adjusted EPS of $0.36, matching Wall Street estimates. Quarterly revenue rose 11.2% year over year to…

Shares of NICE Ltd. (NASDAQ:NICE) gained more than 6% in premarket trading on Thursday after the cloud software company delivered third-quarter results that topped Wall Street forecasts. NICE reported Q3 revenue of $732 million, coming in ahead of the consensus estimate of $728.23 million and marking a year-over-year increase that underscores steady business momentum. Earnings…

Tencent Holdings (NYSE:TME) reported stronger-than-expected third-quarter earnings, with revenue climbing 15% from a year earlier and coming in 2% above market estimates. Growth was led by a standout performance in the company’s gaming division, which expanded 23% year-on-year — outperforming expectations by 4% and driven largely by international titles. Gross gaming receipts advanced 21%, a…

Samsonite (USOTC:SMSEY) shares surged 14% on Thursday after fresh U.S. air travel data showed passenger throughput rising roughly 4% in October — the strongest monthly increase so far this year. The improving travel backdrop reinforces management’s upbeat expectations heading into the end of 2024, even as the company prepares to lap a higher wholesale comparison…

Rio Tinto (NYSE:RIO) has decided to halt further development of its $2.4 billion Jadar lithium project in Serbia, marking one of the first major strategic shifts under new Chief Executive Simon Trott, who is pushing to refocus the company on nearer-term growth options. The Jadar deposit, discovered by Rio Tinto geologists in 2004, has long…

Lantern Pharma Inc. (NASDAQ:LTRN) is set to showcase two of its commercially deployed artificial intelligence platforms at the University of North Texas’ inaugural AI for Biology and Medicine (AI4BM) symposium, the biotech company announced Thursday. The event is hosted by Dr. Serdar Bozdag and UNT’s new Center for Computational Life Sciences, and is expected to…

Oil prices softened again on Thursday, adding to the sharp declines seen in the previous session, after fresh data pointing to higher U.S. crude inventories deepened worries that global supply continues to outpace demand. By 06:45 GMT, Brent crude futures were steady at $62.71 per barrel, unchanged after Wednesday’s 3.8% drop. U.S. West Texas Intermediate…