Category: Latest News
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Inotiv Slides After Q1 Revenue Falls Short and Losses Deepen
Inotiv, Inc. (NASDAQ:NOTV) shares fell about 3% in premarket trading on Monday after the company posted first-quarter fiscal 2026 results that missed expectations, with slower revenue growth and a wider loss. The contract research group reported first-quarter revenue of $120.9 million, a modest 0.8% increase from a year earlier but well below the analyst consensus…
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Novo Nordisk Takes Legal Action Against Hims & Hers Over Compounded Semaglutide
Novo Nordisk (NYSE:NVO) has filed a patent infringement lawsuit against telehealth provider Hims & Hers (NYSE:HIMS) in the United States, targeting the company’s sale and promotion of compounded semaglutide products, according to a statement from the Danish drugmaker. Novo Nordisk alleges that Hims & Hers violated U.S. Patent 8,129,343 by marketing compounded versions of semaglutide…
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Waters Slides After Q1 Outlook Falls Short Despite Solid Q4 Beat
Waters Corporation (NYSE:WAT) shares dropped more than 3% in premarket trading on Monday after the company issued first-quarter earnings guidance that missed market expectations, overshadowing better-than-expected fourth-quarter results. The analytical instruments group reported fourth-quarter adjusted earnings of $4.53 per share, narrowly topping analyst forecasts of $4.51. Revenue came in at $932 million, also slightly ahead…
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Nexxen International Surges on Reported Takeover Interest
Nexxen International (NASDAQ:NEXN) shares rallied about 18% in premarket trading on Monday following a report suggesting the advertising technology company has attracted acquisition interest. According to Sky News journalist Mark Kleinman, writing in a post on X, a potential buyer is considering an offer valuing Nexxen at no less than $10 per share. The prospect…
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Becton Dickinson Slides Despite Q1 Beat as Full-Year Outlook Disappoints
Becton Dickinson (NYSE:BDX) shares dropped nearly 3% in premarket trading on Monday after the medical technology group posted better-than-expected first-quarter results but issued full-year guidance that fell well short of market expectations. The stock was down 2.74% before the opening bell following the earnings release. For the first quarter, the company reported adjusted earnings of…
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Dynatrace Jumps as Q3 Results Beat Expectations and Full-Year Guidance Is Lifted
Dynatrace (NYSE:DT) shares rallied more than 10% in premarket trading on Monday after the AI-driven software group delivered stronger-than-expected third-quarter results for fiscal 2026 and upgraded its outlook for the full year. The observability platform provider reported fiscal Q3 earnings per share of $0.44, ahead of the $0.41 analysts had forecast. Revenue reached $515 million,…
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Alibaba’s Qwen Halts AI Coupon Push After Order Surge Overloads System
Alibaba’s AI chatbot Qwen has temporarily stopped issuing shopping coupons after a wave of demand overwhelmed its systems, complicating the group’s efforts to reposition the tool as a transaction-enabled shopping assistant rather than a simple Q&A bot. U.S.-listed shares of Alibaba (NYSE:BABA) slipped about 1% in premarket trading following the news. Qwen began handing out…
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Cleveland-Cliffs Slides After Q4 Revenue Comes Up Short
Cleveland-Cliffs Inc. (NYSE:CLF) shares fell 3.4% in premarket trading on Thursday after the steelmaker reported a smaller-than-expected fourth-quarter loss but missed revenue forecasts, as subdued automotive production continued to weigh on results. The Ohio-based group posted fourth-quarter revenue of $4.3 billion, below the analyst consensus of $4.59 billion, and unchanged from the same period a…
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Edgewell Personal Care Tops Q1 Forecasts, Finalizes Exit From Feminine Care
Edgewell Personal Care Company (NYSE:EPC) reported stronger-than-expected results for the first quarter of fiscal 2026 on Monday, with both adjusted earnings and revenue beating market forecasts as the company completed the sale of its Feminine Care unit. Shares were flat in after-hours trading following the announcement. For the quarter ended December 31, 2025, the personal…
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Loews Posts Strong Q4 as Earnings More Than Double Year on Year
Loews Corporation (NYSE:L) reported a sharp improvement in fourth-quarter results on Monday, with net income rising to $402 million, or $1.94 per share, compared with $187 million, or $0.86 per share, in the same quarter a year earlier. Quarterly revenue increased to $4.73 billion from $4.55 billion last year. Despite the stronger earnings, Loews shares…