Category: Latest News

  • Knife River tops Q4 estimates; shares tick higher

    Knife River tops Q4 estimates; shares tick higher

    Knife River Corporation (NYSE:KNF) posted stronger-than-expected fourth-quarter results on Tuesday, with both earnings and revenue beating analyst forecasts as the aggregates-focused construction materials group benefited from supportive weather and recent acquisitions. Shares edged up 0.17% in after-hours trading following the release. Adjusted earnings per share came in at $0.56 for the quarter, ahead of the…

  • Leidos tops profit forecasts but revenue miss weighs on shares

    Leidos tops profit forecasts but revenue miss weighs on shares

    Leidos Holdings Inc. (NYSE:LDOS) reported fourth-quarter earnings ahead of expectations on Tuesday, although revenue came in below Wall Street estimates, sending the stock down 1.59% in pre-market trading. The national security and digital solutions contractor delivered adjusted earnings per share of $2.76, beating the $2.60 consensus and marking a 16% increase year over year. Quarterly…

  • Allegion falls short on Q4 EPS but shares tick up

    Allegion falls short on Q4 EPS but shares tick up

    Allegion plc (NYSE:ALLE) posted fourth-quarter adjusted earnings below Wall Street expectations on Tuesday, while outlining 2026 guidance broadly aligned with market projections. Despite the earnings miss, the stock gained 0.52% in pre-market trading. The Dublin-headquartered security products group reported adjusted earnings per share of $1.94 for the quarter, missing analyst estimates of $1.98. Quarterly revenue…

  • Orion Engineered Carbons posts larger Q4 loss even as revenue tops forecasts

    Orion Engineered Carbons posts larger Q4 loss even as revenue tops forecasts

    Orion Engineered Carbons (NYSE:OEC) reported a deeper-than-expected fourth-quarter loss on Tuesday, although revenue exceeded Wall Street projections, as the company continued to grapple with elevated tire imports and muted industrial demand. Shares slipped 0.14% in after-hours trading following the release. For the quarter, the specialty chemicals producer posted an adjusted loss of $0.34 per share,…

  • Masimo jumps over 30% on report of potential $10 billion Danaher takeover

    Masimo jumps over 30% on report of potential $10 billion Danaher takeover

    Masimo Corporation (NASDAQ:MASI) rallied more than 32% in U.S. premarket trading Tuesday following a report from the Financial Times that Danaher Corporation (NYSE:DHR) is nearing a deal worth almost $10 billion to acquire the medical technology group. According to the newspaper, which cited sources familiar with the discussions, an agreement for the California-based company could…

  • ZIM surges 34% on $4.2 billion all-cash takeover by Hapag-Lloyd

    ZIM surges 34% on $4.2 billion all-cash takeover by Hapag-Lloyd

    ZIM Integrated Shipping Services (NYSE:ZIM) soared 33.6% in premarket trading Tuesday after agreeing to a $35-per-share cash acquisition by Hapag-Lloyd, valuing the Israeli carrier at approximately $4.2 billion. The agreed price marks a 58% premium to ZIM’s closing level on February 13, 2026, and a 126% premium to the unaffected share price of $15.50 recorded…

  • Eli Lilly to invest $1 billion in India to boost export capacity

    Eli Lilly to invest $1 billion in India to boost export capacity

    Eli Lilly and Company (NYSE:LLY) is set to channel $1 billion into expanding contract manufacturing operations in India, with the goal of supplying medicines produced in the country to international markets. The U.S. drugmaker plans to position India as a key manufacturing base within its global supply network, according to details released Tuesday. In addition…

  • Louisiana-Pacific tops EPS forecasts but misses on revenue; shares slip

    Louisiana-Pacific tops EPS forecasts but misses on revenue; shares slip

    Louisiana-Pacific Corporation (NYSE:LPX) released fourth-quarter results Tuesday showing a slight earnings beat but weaker-than-expected revenue, as solid momentum in its Siding division helped cushion a sharp downturn in its OSB business. Shares fell 1.73% in pre-market trading following the update. The company posted adjusted earnings of $0.03 per share, edging past consensus expectations of $0.00.…

  • Builders FirstSource falls short in Q4; stock edges lower

    Builders FirstSource falls short in Q4; stock edges lower

    Builders FirstSource (NYSE:BLDR) posted fourth-quarter results on Tuesday that came in below Wall Street expectations, sending shares modestly lower in pre-market trade. Adjusted earnings per share were $1.12, $0.15 under consensus estimates, while revenue of $3.4 billion trailed the $3.46 billion forecast. The stock declined 1.07% ahead of the open following the release. Net sales…

  • Tech Sector Drag Could Pressure Wall Street: Dow Jones, S&P, Nasdaq, Futures

    Tech Sector Drag Could Pressure Wall Street: Dow Jones, S&P, Nasdaq, Futures

    U.S. stock futures are signaling a weaker start to Tuesday’s session, with equities poised to decline as markets reopen after the extended Presidents’ Day holiday weekend. Technology shares are expected to remain a source of pressure, highlighted by a 0.9% drop in Nasdaq 100 futures. Investor unease surrounding the rapid expansion of artificial intelligence infrastructure…