ADVFN US – Market Content Editor
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Ventyx shares drop after pushing back Phase 2 interim results to early 2026
Ventyx Biosciences (NASDAQ:VTYX) slid 10% on Tuesday after the biotech firm said it will postpone the interim analysis from its Phase 2 study in recurrent pericarditis until the first quarter of 2026. The California-based drug developer, which is working on oral treatments targeting inflammation-driven diseases, updated its previous timeline for the release of topline findings.…
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Capri Holdings finalizes $1.375 billion sale of Versace to Prada
Capri Holdings Limited (NYSE:CPRI) said Tuesday that it has officially closed the sale of its Versace brand to Prada S.p.A. (USOTC:PRDSF) in a deal valued at $1.375 billion in cash, subject to customary adjustments. The luxury fashion group said it intends to use the proceeds to pay down the majority of its outstanding debt —…
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Four Seasons Education climbs as profit surges more than 313% on stronger margins
Four Seasons Education (NYSE:FEDU) posted a sharp upswing in profitability for the first half of fiscal 2026, reporting a more than 313% year-over-year jump in net income to RMB12.4 million ($1.7 million), driven by expanding enrichment learning programs and meaningful margin improvement. Shares gained 5.11% in premarket trading after the results were released. Revenue for…
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Citi Trends jumps over 6% after Q3 revenue beats expectations and retailer lifts full-year outlook
Citi Trends, Inc. (NASDAQ:CTRN) posted third-quarter results on Tuesday that topped Wall Street revenue forecasts and prompted the company to raise its full-year guidance, even as losses came in wider than analysts had projected. Shares climbed 6.44% in premarket trading following the announcement. The off-price retailer — which focuses on serving African American households —…
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Signet Jewelers tops Q3 estimates and boosts FY26 outlook, but shares slip
Signet Jewelers Limited (NYSE:SIG) delivered a stronger-than-expected set of third-quarter results on Thursday, posting solid sales momentum and raising its outlook for fiscal 2026 — even as the stock fell 3.1% following the announcement. The jewelry retailer reported $0.63 in adjusted EPS for the quarter, far ahead of analyst expectations of $0.24. Revenue reached $1.4…
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United Natural Foods beats Q1 profit expectations, reiterates full-year guidance; shares rise premarket
United Natural Foods (NYSE:UNFI) delivered a stronger-than-anticipated start to fiscal 2026, reporting earnings that surpassed Wall Street expectations and maintaining its outlook for the year ahead. By 07:06 ET, the stock was up nearly 2% in premarket trading. For the fiscal first quarter, adjusted earnings per share climbed to $0.56, comfortably above the $0.40 analysts…
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Apple faces possible EU-wide collective lawsuits over App Store fees after key court ruling
Apple Inc. (NASDAQ:AAPL) may soon confront a wave of class action-style damages claims across the European Union after the bloc’s highest court opened the door for consumers to pursue collective litigation in the Netherlands, regardless of where they live. In a decision issued Tuesday, the EU Court of Justice ruled that an Amsterdam court is…
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MongoDB shares spike as company lifts full-year outlook after strong Q3 performance
MongoDB (NASDAQ:MDB) rallied more than 22% in U.S. premarket trading after the database software provider sharply upgraded its full-year guidance on the back of a standout third-quarter report. The company said accelerating adoption of its Atlas cloud database platform helped drive the revision. MongoDB now expects fiscal 2026 adjusted earnings of $4.76 to $4.80 per…
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Credo Technology jumps after posting earnings that beat forecasts, fueled by AI-driven demand
Credo Technology Group (NASDAQ:CRDO) delivered stronger-than-expected quarterly results, benefiting from the ongoing surge in investment tied to large-scale artificial intelligence infrastructure projects. The upbeat report sent the stock soaring more than 17% in U.S. premarket trading on Tuesday. The data-center connectivity specialist reported fiscal second-quarter revenue of $268 million, exceeding the consensus estimate of $234.67…
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Oil trades steady as markets assess supply risks from Ukraine strikes and U.S.–Venezuela tensions
Crude prices were largely unchanged on Tuesday, with traders weighing the potential fallout from Ukrainian drone attacks on Russian energy facilities and rising diplomatic strain between the United States and Venezuela. By 0903 GMT, Brent crude slipped 19 cents (0.3%) to $62.98 a barrel, while U.S. West Texas Intermediate eased 12 cents (0.2%) to $20…