Category: Latest News
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Harley-Davidson slides despite Q4 beat as cautious 2026 outlook rattles investors
Harley-Davidson (NYSE:HOG) saw its shares sink sharply on Tuesday after issuing downbeat guidance for 2026, overshadowing fourth-quarter results that came in ahead of expectations. The company is attempting to steady operations as retail demand softens and market conditions remain tough. The storied motorcycle brand’s stock dropped 8.14% in pre-market trading following the announcement. For the…
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IBM introduces AI-powered enterprise storage systems with enhanced automation and security
IBM (NYSE:IBM) said on February 10 that it is rolling out three new enterprise storage platforms equipped with artificial intelligence tools aimed at cutting down manual storage administration. The new FlashSystem 5600, 7600 and 9600 models integrate what IBM calls FlashSystem.ai, a suite of AI agents designed to support and automate storage management tasks. The…
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Coca-Cola revenue growth falls short in Q4, shares retreat
Coca-Cola (NYSE:KO) reported fourth-quarter net revenues that came in below market expectations, with the company saying it is laying the groundwork for “long-term success” as it prepares for a leadership transition later this year. Henrique Braun is set to assume the role of chief executive, taking the helm of the soft-drinks giant and brands such…
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Xylem tops Q4 forecasts but strikes a cautious tone on 2026
Xylem Inc. (NYSE:XYL) reported fourth-quarter results on Tuesday that came in slightly ahead of expectations, though the water technology group offered a more measured outlook for the year ahead. The company posted adjusted earnings per share of $1.42, narrowly beating the consensus estimate of $1.41, while revenue reached $2.4 billion versus forecasts of $2.37 billion.…
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Quest Diagnostics posts Q4 beat and upbeat outlook, lifting shares
Quest Diagnostics (NYSE:DGX) delivered fourth-quarter results that topped market expectations on Tuesday, supported by solid operational performance and forward revenue guidance that exceeded analysts’ forecasts. Shares of the diagnostic testing company climbed 2.33% in premarket trading following the announcement. Adjusted earnings came in at $2.42 per share, ahead of the $2.36 expected by analysts, while…
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Alphabet completes pricing of $20 billion multi-tranche bond sale
Alphabet Inc. (NASDAQ:GOOG) has finalized the pricing of a $20 billion bond issuance split across seven tranches, with maturities stretching from 2029 through 2066, the company said in a statement. The offering comprises $2.5 billion of 3.700% notes due 2029, $3 billion of 4.100% notes maturing in 2031, $3 billion of 4.400% notes due 2033,…
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CVS Health tops Q4 forecasts but trims operating cash flow outlook
CVS Health Corporation (NYSE:CVS) reported fourth-quarter results that came in ahead of market expectations, though the update was met with a cautious market reaction as the company lowered its outlook for operating cash flow. Shares slipped about 2.5% in premarket trading. The healthcare group delivered adjusted earnings of $1.09 per share for the quarter, beating…
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Aramark shares climb after Q1 results beat forecasts on solid revenue growth
Aramark (NYSE:ARMK) delivered stronger-than-expected first-quarter fiscal 2026 results on Thursday, as the food services group posted solid revenue growth despite the impact of a calendar-related headwind. Shares in the company rose 1.98% in after-hours trading following the earnings release. Aramark reported adjusted earnings per share of $0.51 for the quarter, edging past analysts’ expectations of…
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Canaan shares advance as Q4 revenue tops forecasts despite deeper loss
Canaan Inc. (NASDAQ:CAN) reported fourth-quarter revenue that came in ahead of market expectations on Tuesday, even as the company posted a larger-than-anticipated loss for the period. Shares in the cryptocurrency mining hardware maker rose 2.14% in premarket trading following the results. The company generated $196.3 million in revenue for the quarter, comfortably above the consensus…
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Ferrari sets confident earnings target for the year ahead
Ferrari (NYSE:RACE) delivered an upbeat outlook for the current financial year, saying it expects adjusted earnings before interest, taxes, depreciation and amortization to reach at least €2.93 billion, slightly ahead of the €2.91 billion forecast by Bloomberg consensus. The luxury sports car manufacturer also exceeded market expectations in the fourth quarter, reporting core income of…