Category: Latest News
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Western Union Shares Drop on Earnings Miss Despite Revenue Beat
Shares of Western Union Company (NYSE:WU) fell more than 4% in premarket trading on Friday after the company reported first-quarter earnings below expectations, even as revenue slightly exceeded forecasts. Earnings Miss Driven by Cost Pressures Western Union posted adjusted earnings per share of $0.25, missing the $0.39 analyst consensus. Revenue came in at $983 million,…
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Lakewood-Amedex Jumps 20% in Nasdaq Market Debut
Shares of Lakewood-Amedex Biotherapeutics Inc. (NASDAQ:LABT) surged about 20% on Friday after the company began trading on the Nasdaq Capital Market under the ticker “LABT”. The move marks the clinical-stage biotech’s transition to public markets as it advances development of its antimicrobial platform. Focus on Novel Antimicrobial Class Lakewood-Amedex is developing its proprietary Bisphosphocin class…
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First Hawaiian Shares Drop on Revenue Miss Despite Earnings Beat
Shares of First Hawaiian Inc. (NASDAQ:FHB) fell around 4% in premarket trading on Friday after the bank reported first-quarter results that exceeded earnings expectations but missed on revenue. Earnings Beat, Revenue Falls Short The Hawaii-based lender posted adjusted earnings per share of $0.55, slightly above the $0.54 consensus estimate. Revenue came in at $220.35 million,…
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Gentex Shares Climb on Q1 Earnings and Revenue Beat
Shares of Gentex Corporation (NASDAQ:GNTX) rose nearly 4% on Friday after the company reported first-quarter results that came in ahead of analyst expectations. Strong Top- and Bottom-Line Performance Gentex posted adjusted earnings per share of $0.48, beating the $0.45 consensus estimate. Revenue reached $675.4 million, exceeding forecasts of $648.71 million and marking a 17% increase…
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Norfolk Southern Tops Q1 Earnings Estimates as Revenue Holds Steady
Shares of Norfolk Southern Corporation (NYSE:NSC) edged slightly lower in premarket trading on Friday after the company reported first-quarter results that beat earnings expectations while revenue came in in line with forecasts. Earnings Beat, Revenue Flat The railroad operator posted adjusted earnings per share of $2.65, exceeding analyst estimates of $2.51 by $0.14. Revenue totalled…
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Zoom Shares Rise After Bullish Call from Spruce Point
Shares of Zoom Communications (NASDAQ:ZM) climbed around 3% on Friday after Spruce Point Capital Management issued a strong buy recommendation on the stock. Valuation Seen as Discounted Spruce Point released a detailed report arguing that Zoom is trading significantly below its intrinsic value, pointing to substantial upside potential. The firm outlined nine key actions it…
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Amazon Gains as Meta Expands AI Partnership Using AWS Graviton
Shares of Amazon (NASDAQ:AMZN) rose around 2% on Friday after Meta Platforms (NASDAQ:META) unveiled a major expansion of its partnership with Amazon Web Services, centered on deploying tens of millions of AWS Graviton processor cores for advanced AI workloads. Meta Scales Up AI Infrastructure Meta said it will become one of the largest global users…
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Johnson & Johnson to Acquire Atraverse Medical in Cardiac Device Expansion
Johnson & Johnson (NYSE:JNJ) said on Friday it has agreed to acquire Atraverse Medical, Inc., a privately held medical device company focused on technologies for left-heart access and radiofrequency procedures. Strengthening Cardiac Ablation Portfolio Atraverse Medical produces the HOTWIRE Transseptal Access System, an FDA-cleared radiofrequency guidewire and generator platform used to access the left atrium…
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Eli Lilly Shares Dip Despite Stable Growth in GLP-1 Prescriptions
Shares of Eli Lilly and Company (NYSE:LLY) slipped around 2% after the latest weekly prescription data pointed to mixed trends across its GLP-1 drug portfolio. Weekly Prescription Trends Mixed According to IQVIA data cited by Morgan Stanley, Mounjaro prescriptions for the week ending April 17, 2026 reached roughly 758,400 total prescriptions and 367,900 new prescriptions,…
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HCA Healthcare Drops Despite Q1 Beat as Volume Weakness Concerns Investors
Shares of HCA Healthcare Inc. (NYSE:HCA) fell nearly 8% in premarket trading on Friday, even after the company delivered first-quarter results that slightly exceeded expectations. Modest Beat Overshadowed by Volume Trends The group reported adjusted earnings per share of $7.15, just ahead of the $7.14 consensus estimate. Revenue came in at $19.11 billion, narrowly topping…