ADVFN US – Market Content Editor
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SPAC News From The Last Seven Days
The Last Week’s Deals Maywood Acquisition Corp. (NASDAQ:MAYA) has announced it is to acquire GOWell Technology, a global one-stop-shop for well logging solutions in the energy sector. The deal reflects an enterprise value of $401mm, and includes a $7mm PIPE. The transaction’s expected close date is early 2026. Nabors Energy Transition Corp. II (NASDAQ:NETD) and…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. futures steady as traders catch their breath after market surge
U.S. stock futures were little changed early Tuesday, pointing to a subdued open on Wall Street as investors paused following two strong sessions that pushed major indexes back toward record highs. After the recent rally, market participants appear more hesitant to extend gains ahead of key economic and political developments, including ongoing U.S.–China trade tensions…
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GE Aerospace raises full-year forecast after posting strong Q3 results
GE Aerospace (NYSE:GE) shares advanced about 2% in premarket trading on Tuesday after the jet engine maker reported a robust third-quarter earnings beat and upgraded its full-year guidance across multiple metrics. The company posted earnings per share of $1.66, well ahead of analyst estimates of $1.45. Revenue soared 26% year-over-year to $11.31 billion, surpassing the…
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Philip Morris raises full-year profit outlook as heated tobacco sales surge
Philip Morris International (NYSE:PM) lifted its annual earnings forecast on Tuesday, buoyed by robust demand for its smoke-free products, which helped drive record results for the third quarter. Shares rose more than 3% in premarket U.S. trading following the announcement. Organic net revenues from the company’s smoke-free tobacco segment — a growing focus as consumers…
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Lockheed Martin gains as Q3 earnings beat estimates and full-year outlook improves
Lockheed Martin (NYSE:LMT) saw its shares rise 3% in premarket trading on Tuesday after reporting third-quarter earnings that topped Wall Street expectations and announcing an upgrade to its full-year profit guidance, reflecting strong global demand for its defense products. The defense contractor posted Q3 earnings per share of $6.95, well above the analyst estimate of…
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RTX rallies after upbeat Q3 results prompt full-year guidance upgrade
RTX (NYSE:RTX) raised its full-year financial outlook on Tuesday after posting third-quarter earnings that exceeded market expectations, fueled by continued strength in its defense and commercial aerospace businesses. Shares of the U.S. defense contractor surged more than 6% in premarket trading following the announcement. The company reported earnings per share of $1.70 for Q3, comfortably…
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Coca-Cola beats Q3 EPS estimates as stable demand offsets volume pressures
Coca-Cola (NYSE:KO) delivered third-quarter results that came in slightly ahead of Wall Street expectations, buoyed by steady demand and pricing power, even as the company described the broader operating landscape as “challenging.” The beverage maker has been contending with softening volumes in key markets, including the U.S. and Latin America, as cost-conscious consumers cut back…
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Northrop Grumman tops Q3 profit forecasts despite revenue miss
Northrop Grumman Corporation (NYSE:NOC) delivered third-quarter earnings that exceeded Wall Street expectations, even though revenue came in slightly below forecasts, with strong operating performance across key segments supporting profitability. The defense and aerospace group posted adjusted earnings of $7.67 per share, beating analyst estimates of $6.46 by $1.21. Quarterly revenue climbed 4% year over year…
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Elevance Health shares climb after strong Q3 earnings beat
Elevance Health (NYSE:ELV) saw its stock rise 4.1% in premarket trading after the healthcare company delivered third-quarter earnings that comfortably surpassed Wall Street forecasts, reflecting solid execution across its core operations. The health benefits group reported adjusted earnings of $6.03 per share, well above analyst expectations of $4.95. Revenue reached $50.1 billion, topping the $49.34…
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General Motors stock rallies as Q3 earnings beat forecasts and outlook lifted
General Motors (NYSE:GM) saw its shares jump 6.6% on Monday after the automaker reported third-quarter earnings that topped Wall Street expectations and raised its full-year profit guidance, even as it continues to navigate a challenging electric vehicle market. GM posted adjusted earnings of $2.80 per share for the third quarter, well ahead of the $2.32…