Category: Latest News

  • Hamilton Lane tops Q3 forecasts as revenue grows 7.3%

    Hamilton Lane tops Q3 forecasts as revenue grows 7.3%

    Hamilton Lane Incorporated (NASDAQ:HLNE) reported a stronger-than-expected third quarter for fiscal 2026, with both earnings and revenue coming in ahead of market forecasts. The private markets investment manager’s shares were marginally higher in premarket trading, rising 0.23% after the results were released. For the quarter ended December 31, 2025, Hamilton Lane delivered adjusted earnings per…

  • Broadridge shares climb 2% after Q2 beat and upgraded full-year guidance

    Broadridge shares climb 2% after Q2 beat and upgraded full-year guidance

    Broadridge Financial Solutions, Inc. (NYSE:BR) delivered a stronger-than-expected performance in its fiscal second quarter, prompting management to lift its earnings outlook for the full year. Shares of the financial technology group rose 2.35% in premarket trading on Tuesday following the release. For the quarter ended December 31, 2025, Broadridge reported adjusted earnings per share of…

  • PayPal shares slide after Q4 miss as Enrique Lores named next CEO

    PayPal shares slide after Q4 miss as Enrique Lores named next CEO

    PayPal Holdings, Inc. (NASDAQ:PYPL) shares plunged more than 16% in premarket trading on Tuesday after the payments group posted fourth-quarter earnings and revenue below market expectations, overshadowing slightly better-than-expected guidance for fiscal 2026. Alongside the results, PayPal announced a major leadership transition. Enrique Lores has been appointed President and Chief Executive Officer, effective March 1,…

  • Pfizer tops Q4 forecasts even as COVID-related sales slide

    Pfizer tops Q4 forecasts even as COVID-related sales slide

    Pfizer (NYSE:PFE) reported lower fourth-quarter revenue as demand for its COVID-19 treatments continued to fade, but stronger performance in other areas—particularly vaccines for respiratory diseases—helped the pharmaceutical group beat market expectations. The company, which benefited massively from pandemic-driven demand for its COVID shots and antiviral therapies, has been working to rebalance its portfolio as vaccination…

  • Spire shares tick up even as Q1 results come in mixed

    Spire shares tick up even as Q1 results come in mixed

    Spire Inc. (NYSE:SR) reported fiscal first-quarter results on Tuesday that fell short of revenue expectations, while adjusted earnings also came in below forecasts, yet the market response was modestly positive. Shares of the natural gas utility rose 1.20% following the update. For the quarter ended December 31, Spire delivered adjusted earnings of $1.77 per share,…

  • Massimo shares sink after LOI to buy AI firm FST rattles investors

    Massimo shares sink after LOI to buy AI firm FST rattles investors

    Massimo Group (NASDAQ:MAMO) saw its shares plunge by more than 50% on Tuesday after the powersports vehicle maker disclosed that it has signed a non-binding letter of intent to acquire AI technology company FST Development Company Limited. The proposed transaction, which values FST at between $27 million and $35 million, was described by the company…

  • Pentair dips as Q4 profit beat fails to lift sentiment

    Pentair dips as Q4 profit beat fails to lift sentiment

    Pentair plc (NYSE:PNR) delivered fourth-quarter adjusted earnings that came in ahead of market expectations, but the results were not enough to excite investors, with the shares moving lower in early trading. The water solutions group’s stock slipped about 1.4% in pre-market dealings following the announcement. Pentair reported adjusted earnings of $1.18 per share for the…

  • Sable Offshore slides after unveiling $250 million share sale plan

    Sable Offshore slides after unveiling $250 million share sale plan

    Shares of Sable Offshore Corp. (NYSE:SOC) dropped about 13% on Tuesday after the company announced plans to launch a $250 million “at-the-market” equity offering. In a filing with the U.S. Securities and Exchange Commission, Sable said it has entered into a sales agreement with TD Securities and Jefferies, which will act as agents for the…

  • Capri Holdings jumps after Q3 results top forecasts

    Capri Holdings jumps after Q3 results top forecasts

    Capri Holdings Limited (NYSE:CPRI) reported stronger-than-expected third-quarter results on Tuesday, with both revenue and earnings coming in ahead of market expectations despite continued pressure on overall sales. Shares in Capri Holdings Limited climbed about 5.5% following the release. For the third quarter ended December 27, 2025, the luxury group delivered adjusted earnings of $0.81 per…

  • Ametek beats Q4 forecasts with all-time high revenue, offers upbeat 2026 guidance

    Ametek beats Q4 forecasts with all-time high revenue, offers upbeat 2026 guidance

    Ametek, Inc. (NYSE:AME) reported record fourth-quarter results on Tuesday, topping market expectations as strong execution across both of its operating segments drove double-digit sales growth. Shares in Ametek, Inc. rose about 0.6% following the earnings release. The industrial technology group posted adjusted earnings of $2.01 per share for the quarter, ahead of the $1.94 consensus…