Category: Latest News
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Thermo Fisher Scientific Reports 9% Revenue Growth as Third-Quarter Earnings Beat Estimates
Thermo Fisher Scientific (NYSE:TMO) reported third-quarter 2026 earnings and revenue above analysts’ expectations on Wednesday, supported by growth in its laboratory products and services business and an improvement in operating margins. The US life sciences and laboratory equipment company posted adjusted earnings per share of $6.68, exceeding the analyst consensus estimate of $6.40. Quarterly revenue…
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Wabtec Shares Fall Nearly 3% as Third-Quarter Revenue Misses Estimates Despite Higher Earnings
Wabtec Corporation (NYSE:WAB) shares declined 2.94% in pre-market trading on Wednesday after the rail equipment and technology company reported third-quarter 2026 revenue below analysts’ expectations, despite exceeding earnings forecasts and raising its full-year adjusted earnings guidance. The company posted adjusted earnings per share of $2.83, exceeding the market consensus of $2.73 by $0.10. Quarterly revenue…
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Philip Morris Shares Fall 2.5% Despite Q3 Earnings Beat as Investors Assess 2026 Outlook
Philip Morris International (NYSE:PM) shares declined 2.48% in pre-market trading on Wednesday despite the tobacco company reporting third-quarter 2026 earnings and revenue above analysts’ expectations, as investors assessed its full-year guidance and the impact of rising operating costs. The company reported adjusted earnings per share of $2.36, exceeding the consensus estimate of $2.30 by $0.06.…
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Abbott Plans to Separate Nutrition Business Into Publicly Traded Company by End of 2027
Abbott Laboratories (NYSE:ABT) has announced plans to spin off its Nutrition division into a separate publicly traded company, with the transaction expected to be completed by the end of 2027, subject to regulatory and corporate approvals. The proposed separation would create an independent business focused on nutritional products while allowing Abbott to concentrate on its…
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Moody’s Shares Decline Nearly 3% as Third-Quarter Earnings and Revenue Miss Estimates
Moody’s Corporation (NYSE:MCO) shares fell 2.81% following the release of its third-quarter 2026 financial results, as the credit ratings and financial analytics provider reported earnings and revenue below analysts’ expectations while maintaining its full-year guidance. The company posted adjusted earnings per share of $4.14, compared with the market consensus of $4.25, representing a shortfall of…
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Wall Street Futures Rise as Corporate Earnings Support Technology Stocks: Dow Jones, S&P, Nasdaq
US stock index futures pointed to a higher opening on Wednesday, suggesting Wall Street could extend its gains from recent sessions as investors assessed quarterly earnings reports and prepared for further results from major technology companies. Technology stocks were expected to contribute to the early advance, although individual companies recorded contrasting pre-market movements following their…
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A potential gold and copper discovery with a second coal project approaching revenue generation
What if one junior resource company could combine the discovery potential of a large-scale gold and copper system with a second project approaching revenue generation ? Hello, I’m Ricki Lee, and this is The Capital Compass. Forge Resources (USOTC:FRGGF) (CSE:FRG) is pursuing two very different opportunities. In Yukon’s Dawson Range Gold Belt, the company has…
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MAX Power Mining: Could Natural Hydrogen Help Power the Next Generation of AI?
As artificial intelligence drives demand for computing power, MAX Power Mining Corp. is exploring how naturally occurring hydrogen could help address one of the technology industry’s biggest infrastructure challenges: access to reliable, scalable energy. Artificial intelligence is transforming industries, from financial services and healthcare to manufacturing and defence. Yet behind the rapid development of increasingly…
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Why Has Getty Images Filed for Chapter 11 Bankruptcy?
Getty Images Holdings (NYSE:GETY) filed for Chapter 11 bankruptcy protection in the United States on Wednesday, 21 October 2026, formally beginning a restructuring process announced the previous week that is intended to take the visual-content company private. The filing follows the collapse of Getty Images’ proposed merger with Shutterstock and comes as the company addresses…
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Why Is EchoStar Stock Rising in Pre-Market Trading?
EchoStar Corporation (NASDAQ:SATS) shares advanced approximately 4.8% in pre-market trading on Wednesday, extending recent gains following a rating upgrade from JPMorgan and continued investor interest in the company’s spectrum transactions and investment in SpaceX. The increase followed JPMorgan’s decision on 16 October to upgrade EchoStar from Underweight to Overweight, accompanied by a $144 price target.…