Category: Latest News

  • CDW jumps as fourth-quarter profit and sales come in ahead of forecasts

    CDW jumps as fourth-quarter profit and sales come in ahead of forecasts

    CDW Corporation (NASDAQ:CDW) reported stronger-than-expected fourth-quarter results on Wednesday, helped by solid demand across most of its customer groups, lifting the stock sharply in early trading. Shares of the IT solutions provider climbed 7.06% in pre-market action following the release. Adjusted earnings for the quarter came in at $2.57 per share, beating the analyst consensus…

  • Azenta shares slide after Q1 earnings come in below forecasts

    Azenta shares slide after Q1 earnings come in below forecasts

    Azenta, Inc. (NASDAQ:AZTA) posted first-quarter results on Wednesday that missed profit expectations, overshadowing slightly better-than-anticipated revenue and sending the stock sharply lower in early trading. Shares of the life sciences solutions group dropped 6.26% in pre-market trade following the announcement. For the quarter ended December 31, 2025, Azenta reported adjusted earnings per share of $0.09,…

  • Bio-Techne Tops Forecasts as Adjusted EPS Climbs 10%

    Bio-Techne Tops Forecasts as Adjusted EPS Climbs 10%

    Bio-Techne Corporation (NASDAQ:TECH) reported second-quarter fiscal 2026 results that showed steady revenue but stronger profitability, with adjusted earnings per share rising 10% year on year and beating market expectations. The company posted adjusted EPS of $0.46 for the quarter, up from $0.42 a year earlier and ahead of the analyst consensus of $0.43. Shares were…

  • Daikin Lowers Full-Year Forecast After Q3 Profit Miss on Soft Demand

    Daikin Lowers Full-Year Forecast After Q3 Profit Miss on Soft Demand

    Daikin (USOTC:DKILY) reported a sharp drop in third-quarter operating profit, as weaker-than-expected demand weighed on performance and forced the company to cut its full-year outlook. Operating profit for the quarter fell 15% year on year to ¥61.3 billion, well below market expectations of ¥88.9 billion and short of the company’s own guidance. The Japanese air-conditioning…

  • Kennametal Shares Climb After Q2 Beat and Upgraded Full-Year Guidance

    Kennametal Shares Climb After Q2 Beat and Upgraded Full-Year Guidance

    Kennametal Inc. (NYSE:KMT) delivered fiscal second-quarter results on Wednesday that came in ahead of market expectations and prompted the company to lift its outlook for the full year, sending its shares higher in premarket trading. The industrial technology group’s stock rose 2.49% before the open following the announcement. For the quarter ended December 31, 2025,…

  • Timken Shares Advance After Q4 Results Top Forecasts

    Timken Shares Advance After Q4 Results Top Forecasts

    Timken Company (NYSE:TKR) reported fourth-quarter results on Wednesday that exceeded market expectations, with sales rising 3.5% from a year earlier, lifting its shares in premarket trading. The engineered bearings and industrial motion technology group saw its stock climb 2.97% ahead of the open following the earnings release. Adjusted earnings per share for the quarter came…

  • Union Pacific and Wabtec Seal $1.2 Billion Deal to Upgrade Locomotive Fleet

    Union Pacific and Wabtec Seal $1.2 Billion Deal to Upgrade Locomotive Fleet

    Union Pacific (NYSE:UNP) and Wabtec (NYSE:WAB) have entered into a $1.2 billion agreement to modernize Union Pacific’s AC4400 locomotive fleet, the companies announced in a press release. The deal, signed in the fourth quarter of 2025, focuses on upgrading existing locomotives to enhance operating efficiency and overall fleet performance. It represents Union Pacific’s fourth large-scale…

  • Plug Power Completes First Hydrogen Delivery for Rotterdam Pipeline

    Plug Power Completes First Hydrogen Delivery for Rotterdam Pipeline

    Plug Power Inc. (NASDAQ:PLUG) has carried out the initial hydrogen fill for a 32-kilometer pipeline in Rotterdam, supplying 32 tons of RFNBO-certified renewable green hydrogen along with specialized unloading infrastructure. The Rotterdam pipeline segment links port facilities with nearby industrial demand hubs and is set to connect into the wider European hydrogen network. The pipeline…

  • Avery Dennison Shares Jump After Q4 Profit Beat

    Avery Dennison Shares Jump After Q4 Profit Beat

    Avery Dennison Corporation (NYSE:AVY) posted fourth-quarter adjusted earnings that came in ahead of Wall Street expectations on Wednesday, helping lift its shares even though revenue fell slightly short of forecasts. The materials science group’s stock climbed 3.61% in pre-market trading following the earnings release. Adjusted earnings per share for the quarter reached $2.45, topping the…

  • ADP Report Signals Softer U.S. Hiring Momentum in January

    ADP Report Signals Softer U.S. Hiring Momentum in January

    Payroll processor ADP reported on Wednesday that job growth in the U.S. private sector slowed sharply in January, coming in well below economists’ expectations. According to the report, private employers added just 22,000 jobs last month, following a gain of 37,000 in December, a figure that was revised down from earlier estimates. Economists had been…