Category: Latest News
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Integer Shares Climb After Activist Investor Reportedly Takes Stake and Pushes Strategic Review
Shares of Integer Holdings Corp (NYSE:ITGR) rose 3.4% in premarket trading on Thursday following reports that activist investor Irenic Capital Management has built a stake of more than 3% in the medical-device outsourcing specialist and is pressing for changes, including a potential sale of the company. According to The Wall Street Journal, Irenic—now among Integer’s…
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CarMax Shares Fall After Company Signals Margin Pressure and Higher Marketing Costs
CarMax Inc (NYSE:KMX) shares dropped more than 4% in premarket trading on Thursday after the used-car retailer warned of lower retail margins and increased marketing spending in the current quarter, even as its third-quarter results came in ahead of expectations. For the third quarter of fiscal 2026, CarMax reported earnings of $0.43 per share, beating…
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Darden Shares Advance After Restaurant Group Delivers Revenue Beat
Darden Restaurants, Inc. (NYSE:DRI) shares climbed in premarket trading after the company reported second-quarter revenue above market expectations, with investors looking past a modest earnings shortfall and focusing on broad-based sales growth across its portfolio. The operator of Olive Garden and LongHorn Steakhouse reported adjusted earnings per share of $2.08 for the quarter ended November…
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Solo Brands Shares Slide After Company Unveils Corporate Structure Overhaul
Solo Brands Inc (NYSE:DTC) shares plunged in premarket trading on Thursday after the company revealed plans to simplify its corporate structure by dismantling its current umbrella partnership-C corporation framework. The stock was down 17.9% ahead of the opening bell following the announcement. Solo Brands said it entered into a merger agreement on December 17, 2025,…
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IonQ Shares Climb After Company Expands $60 Million QuantumBasel Deal
IonQ Inc (NYSE:IONQ) shares rose about 4% in premarket trading on Thursday after the quantum computing firm announced a significant expansion of its partnership with Switzerland-based QuantumBasel, valued at more than $60 million. Under the updated agreement, QuantumBasel will take ownership of its current IonQ Forte Enterprise system and also secure ownership of a next-generation…
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First-Time U.S. Jobless Claims Decline in Line With Expectations
New data from the U.S. Labor Department released on Thursday showed that applications for unemployment benefits fell broadly in line with forecasts during the week ending December 13. According to the report, initial jobless claims dropped to 224,000, down by 13,000 from the prior week’s revised figure of 237,000. Economists had anticipated a modest decline…
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U.S. Consumer Price Growth Show Slight Increase Between September and November
U.S. consumer prices posted only a mild increase over the period from September to November, according to new data released Thursday by the Labor Department. The report showed that the consumer price index rose by 0.2% across the two-month span, pointing to a slowdown in overall price momentum. On a year-over-year basis, inflation eased to…
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Dow Jones, S&P, Nasdaq, Futures, Cooler-Than-Forecast Inflation Raises Hopes for a Wall Street Bounce
U.S. stock index futures are pointing to a solidly higher open on Thursday, suggesting equities could recover some lost ground after heavy selling pressure in the previous session. Futures strengthened following the release of fresh consumer inflation data from the U.S. Labor Department, which showed price pressures easing more than economists had anticipated. According to…
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PayPal Shares Slip After Analyst Downgrade Highlights Four Key Headwinds
PayPal (NASDAQ:PYPL) shares moved lower on Thursday after a Morgan Stanley analyst downgraded the stock, pointing to a combination of structural challenges and execution issues that are expected to continue weighing on growth, profitability and investor confidence. Morgan Stanley analyst James Faucette cut his rating on PayPal to Underweight and reduced his price target to…
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Birkenstock Tops Q4 Expectations but Flags More Modest Outlook for 2026
Birkenstock Holding Ltd (NYSE:BIRK) delivered better-than-expected results for the fourth quarter, supported by solid global demand, but struck a more cautious tone in its guidance for fiscal 2026, which came in below market forecasts. The German footwear group reported fourth-quarter earnings of €0.51 per share, comfortably ahead of the consensus estimate of €0.36. Quarterly revenue…