ADVFN US – Market Content Editor
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Shell appoints PwC as auditor from 2027 following EY review issues
Shell (NYSE:SHEL) said on Friday it has chosen PricewaterhouseCoopers (PwC) as its new external auditor after completing a competitive tender process, with the firm set to replace EY beginning in 2027. The decision follows an investigation launched in December by the UK’s Financial Reporting Council into EY’s audit of Shell’s 2024 financial statements. The probe…
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Gorman-Rupp stock slips even as Q4 earnings top forecasts
Gorman-Rupp Company (NYSE:GRC) reported fourth-quarter results that delivered a profit beat but fell short on revenue, a mixed outcome that weighed on investor sentiment and pushed the shares lower. The pump manufacturer’s stock declined about 3% in premarket trading on Friday. Gorman-Rupp posted adjusted earnings of $0.55 per share for the quarter, comfortably ahead of…
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RXO shares slide after tighter freight market pressures brokerage margins
RXO Inc (NYSE:RXO) posted weaker-than-expected fourth-quarter results on Friday, as a tightening full-truckload market weighed heavily on brokerage margins, triggering a sharp sell-off in the stock. Shares of RXO Inc dropped nearly 11% in premarket trading after the logistics group reported an adjusted loss of $0.07 per share for the quarter, compared with analyst expectations…
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Tesla launches AI training hub in China to support local driving technology
Tesla (NASDAQ:TSLA) has opened a new artificial intelligence training center in China aimed at developing locally adapted AI applications and improving assisted driving features, according to a report from Chinese media outlet Cailianshe. The report, published on Friday, cited Tesla Vice President Tao Lin as confirming that the AI training facility is now up and…
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Graham stock climbs after Q3 profit jumps on defense-led growth
Graham Corporation (NYSE:GHM) delivered a standout set of fiscal third-quarter 2026 results, comfortably beating market expectations as strength across its defense, energy and space businesses lifted earnings and revenue. Shares of Graham Corporation rose 1.69% in premarket trading on Friday following the announcement. The maker of mission-critical fluid and power systems reported adjusted earnings of…
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MarketAxess tops Q4 profit forecasts but revenue comes in just short
MarketAxess Holdings Inc. (NASDAQ:MKTX) reported fourth-quarter adjusted earnings that edged past Wall Street expectations, while revenue narrowly missed forecasts, prompting a muted market reaction. Shares of the electronic fixed-income trading platform slipped about 0.02% in after-hours trading following the release. The company posted adjusted earnings of $1.68 per share for the quarter, slightly ahead of…
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Centene shares slip after Q4 loss tempers strong revenue growth
Centene Corporation (NYSE:CNC) reported a fourth-quarter adjusted loss even as revenue topped expectations, with investor attention drawn to a difficult period in the company’s Commercial business. The stock fell nearly 3% in premarket trading following the release. The healthcare group posted an adjusted loss of $1.19 per share for the quarter, slightly narrower than the…
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Biogen stock edges higher after Q4 beat and upbeat 2026 earnings guidance
Biogen Inc. (NASDAQ:BIIB) delivered stronger-than-expected results for the fourth quarter of 2025 and paired them with a confident profit outlook for 2026, lifting its shares modestly higher following the announcement. The biotech group reported adjusted earnings of $1.99 per share, comfortably ahead of analyst expectations of $1.61. Revenue totaled $2.28 billion, topping the consensus forecast…
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Proto Labs shares surge after Q4 beat and stronger-than-expected outlook
Proto Labs, Inc. (NYSE:PRLB) reported fourth-quarter results that topped market expectations, powered by robust momentum in its CNC Machining business, sending the company’s shares sharply higher. The digital manufacturing services provider’s stock jumped more than 14% in U.S. premarket trading on Friday following the release. Proto Labs posted adjusted earnings of $0.44 per share for…
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Newell Brands stock slides after weaker core sales and cautious 2026 guidance
Newell Brands Inc (NASDAQ:NWL) struck a downbeat tone for 2026 despite delivering fourth-quarter earnings in line with expectations and slightly stronger-than-forecast revenue, sending its shares down sharply. The consumer goods group’s stock fell about 9.3% in premarket trading after the update. Newell reported normalized earnings of $0.18 per share for the fourth quarter, matching analyst…