ADVFN US – Market Content Editor

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) posted record third-quarter results on Monday, but its shares fell 7% as revenue came in below market expectations despite strong profit growth. The cruise operator reported revenue of $2.94 billion, up 5% year-over-year, but below analysts’ estimates of $3.03 billion. Adjusted earnings per share came in at $1.20, beating…

Eaton Corporation PLC (NYSE:ETN) reported record third-quarter earnings on Tuesday, narrowly topping profit forecasts, but its stock fell 8.3% after revenue came in slightly below analyst expectations despite hitting a new quarterly high. The intelligent power management company posted adjusted earnings of $3.07 per share, just above the $3.05 consensus estimate. Revenue rose 10% year-over-year…

EnPro Inc. (NYSE:NPO) delivered third-quarter results that exceeded Wall Street expectations, supported by robust demand across its key business segments. The industrial technology company reported adjusted earnings of $1.99 per share, topping analyst forecasts of $1.79, while revenue climbed 9.9% year-over-year to $286.6 million, surpassing the $269.15 million consensus estimate. Shares inched up 0.10% in…

IDEAYA Biosciences Inc. (NASDAQ:IDYA) reported a strong profit for the third quarter, fueled by revenue from its exclusive licensing deal with Servier for the development and commercialization of its lead cancer drug candidate, darovasertib, outside the U.S. Shares of the precision oncology company dipped 0.35% following the announcement. For the quarter ended September 30, IDEAYA…

Gold prices edged lower in Asian trading on Tuesday, pressured by a stronger U.S. dollar and investor caution over the Federal Reserve’s next policy move after Chair Jerome Powell’s hawkish comments last week. By 01:58 ET (06:58 GMT), spot gold slipped 0.4% to $3,986.10 per ounce, while U.S. gold futures fell 0.5% to $3,994.30. The…

Oil prices slipped on Tuesday after OPEC+’s decision to pause production increases in the first quarter raised worries that global supply could outpace demand. By 0700 GMT, Brent crude futures were down 37 cents, or 0.6%, at $64.52 per barrel, while U.S. West Texas Intermediate (WTI) crude also dropped 0.6% to $60.68. The Organization of…

The U.S. dollar remained near a three-month high on Tuesday, supported by fading expectations for additional Federal Reserve rate cuts, while the British pound slipped as political pressures mounted on U.K. finance minister Rachel Reeves. At 04:35 ET (09:35 GMT), the U.S. Dollar Index — which tracks the greenback against a basket of six major…

Starbucks (NASDAQ:SBUX) has agreed to sell a 60% stake in its China retail business to Boyu Capital, in a transaction that values the coffee giant’s Chinese operations at over $13 billion. Under the agreement announced Monday, Boyu Capital will take control of the majority share in Starbucks’ retail network in China, while Starbucks will retain…

BP plc (NYSE:BP) posted an underlying replacement cost (RC) profit of $2.21 billion for the third quarter, coming in slightly ahead of analyst estimates of $2.02 billion, though just below the $2.27 billion reported a year earlier. The company kept its quarterly share buyback program steady at $750 million and reaffirmed plans to complete roughly…