ADVFN US – Market Content Editor

Peabody Energy (NYSE:BTU) climbed 9% after the coal company announced it is walking away from its planned purchase of Anglo American Plc’s (LSE:AAL) steelmaking coal operations, citing a material adverse change. The move follows nearly five months of uncertainty tied to a March 31 ignition incident at Anglo’s Moranbah North Mine, where there is still…

Black Hills Corp. (NYSE:BKH) dropped 3.6% to $58.20 in Tuesday’s premarket session after unveiling an all-stock merger with NorthWestern Energy Group (NASDAQ:NWE). The transaction, approved unanimously by both companies’ boards, will form a regulated utility player with a combined market capitalization of about $7.8 billion and an enterprise value of $15.4 billion. NorthWestern shares, which…

TEGNA Inc. (NYSE:TGNA) stock climbed 2.8% on Tuesday after Nexstar Media Group (NASDAQ:NXST) announced it would acquire the broadcaster in a $6.2 billion all-cash deal. The agreement values TEGNA at $22 per share, a 31% premium over the company’s 30-day average stock price ending August 8, 2025. TEGNA’s board has unanimously approved the transaction, which…

Opera Limited (NASDAQ:OPRA) saw its shares gain nearly 3% in pre-market trading on Tuesday after the browser and AI-driven services company reported second-quarter results that came in ahead of Wall Street expectations and lifted its full-year guidance. Adjusted earnings per share came in at $0.26, well above analyst projections of $0.20. Revenue surged 30% year-over-year…

Shares of Viking Therapeutics (NASDAQ:VKTX) tumbled as much as 37% on Tuesday after the company released data from its Phase 2 VENTURE-Oral Dosing trial for its experimental oral obesity treatment. In contrast, Eli Lilly (NYSE:LLY) stock gained 1.5% as analysts emphasized the strength of its competing therapies. The trial results showed that Viking’s oral formulation…

Viking Holdings Ltd (NYSE:VIK) announced second-quarter results on Tuesday that beat Wall Street forecasts, as both earnings and revenue came in ahead of consensus. Adjusted earnings per share were $0.99, topping analyst estimates of $0.79, while quarterly revenue reached $1.88 billion, up 18.5% from the same period a year earlier. Shares of the cruise operator…

PTC Therapeutics, Inc. (NASDAQ:PTCT) saw its stock slide 5% after the U.S. Food and Drug Administration (FDA) declined to approve its New Drug Application (NDA) for vatiquinone, a treatment candidate for Friedreich’s ataxia. The decision came in the form of a Complete Response Letter (CRL). In its letter, the FDA said that PTC had not…

Premier, Inc. (NASDAQ:PINC) reported fourth-quarter results on Tuesday that outperformed analyst expectations. Adjusted earnings per share came in at $0.46, beating estimates by $0.12, while revenue totaled $262.9 million, above the consensus of $247.13 million. Following the announcement, Premier’s shares rose slightly, gaining 0.25% in after-hours trading. The healthcare improvement company saw total net revenue…

Home Depot (NYSE:HD) reported fiscal Q2 2025 results that fell below analyst forecasts, causing shares to slide 2.5%, even though both revenue and earnings showed year-over-year growth. The home improvement giant posted adjusted earnings per share of $4.68, missing estimates of $4.72. Revenue reached $45.3 billion, slightly below the consensus forecast of $45.44 billion. Still,…

Amer Sports, Inc. (NYSE:AS) reported second-quarter results on Tuesday that surpassed analyst expectations, posting adjusted earnings per share of $0.06, well above the predicted -$0.02. Revenue climbed 23% to $1.24 billion, fueled by strong sales across its premium sports and outdoor brands. Shares slipped 2.29% in pre-market trading following the announcement. Revenue from Technical Apparel…