ADVFN US – Market Content Editor
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Starbucks Delivers Strong Comparable Sales Growth on U.S. Momentum
Starbucks (NASDAQ:SBUX) reported fiscal first-quarter comparable store sales growth that significantly exceeded market expectations, offering a lift to chief executive Brian Niccol’s efforts to revive performance at the U.S. coffee chain. Since taking over, Niccol has outlined a turnaround plan centered on streamlining the menu, improving service speed and enhancing the in-store experience, following several…
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Birkenstock Aims for €1 Billion in Added Revenue Despite Tariff Headwinds
Birkenstock (NYSE:BIRK) said it is targeting €1 billion in additional revenue over the next three years, outlining an ambitious growth plan even as the footwear group navigates near-term pressure from U.S. tariffs. Speaking during an investor presentation on Wednesday, the German sandal maker—founded in 1774—said it is aiming for constant-currency revenue growth of between 13%…
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Corning Tops Q4 Forecasts, but Shares Slide in Early Trading
Corning Incorporated (NYSE:GLW) reported fourth-quarter 2025 results that came in ahead of market expectations on Wednesday, although its shares fell 3.6% in premarket trading. The specialty glass and ceramics group delivered adjusted earnings of $0.72 per share, beating the consensus estimate of $0.70. Revenue totaled $4.41 billion, also above forecasts of $4.36 billion, marking a…
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Palladyne AI Shares Jump on U.S. Air Force Swarming Technology Contract
Shares of Palladyne AI Corp. (NASDAQ:PDYN) rallied 13% on Wednesday after the company announced it had secured a contract from the Air Force Research Laboratory (AFRL) to develop advanced swarming capabilities for multi-domain military operations. The award relates to a program known as Hierarchical Adaptive Networked Game-Theoretic Integration of Multiple Echelons (HANGTIME). Under the contract,…
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Lennox Shares Slide After Q4 Earnings Miss as Market Pressures Bite
Shares of Lennox (NYSE:LII) dropped 8.8% on Wednesday after the heating and cooling specialist reported fourth-quarter results that came in below market expectations, reflecting continued industry challenges and the impact of inventory reductions across its distribution channels. The company posted adjusted earnings of $4.45 per share for the quarter, missing the consensus forecast of $4.77.…
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Brinker Shares Jump After Q2 Beat and Upgraded Full-Year Outlook
Brinker International (NYSE:EAT) shares surged more than 5% in premarket trading on Wednesday after the restaurant group delivered better-than-expected fiscal second-quarter results and lifted its full-year outlook above Wall Street estimates. The owner of Chili’s reported second-quarter earnings per share of $2.87, comfortably ahead of analyst forecasts of $2.57. Revenue rose to $1.45 billion from…
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AT&T Beats Q4 Profit Estimates, Shares Advance
AT&T (NYSE:T) shares edged higher in premarket U.S. trading on Wednesday after the telecoms group reported fourth-quarter results that topped profit expectations and outlined an upbeat outlook for the year ahead. Recent strategic deals have underpinned AT&T’s push to strengthen its network infrastructure, including a $6 billion acquisition of Lumen’s consumer fiber assets and a…
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Textron Meets Q4 Expectations but 2026 Outlook Disappoints
Textron Inc. (NYSE:TXT) reported fourth-quarter 2025 results that broadly matched market expectations, with revenue coming in slightly ahead of forecasts as operations rebounded from a labor strike a year earlier. However, the aerospace and defense group’s outlook for 2026 fell short of analyst estimates, sending shares down 1.8% on Wednesday. The company posted adjusted earnings…
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GE Vernova Shares Climb After Q4 Revenue Beat and Upgraded Forecast
GE Vernova Inc. (NYSE:GEV) shares rose 5.2% after the energy transition group reported fourth-quarter revenue well ahead of expectations and lifted its forward guidance, reflecting the impact of its recently completed Prolec GE acquisition. The company delivered fourth-quarter revenue of $11 billion, beating the analyst consensus of $10.23 billion and marking a 4% increase year…
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Semiconductor Shares Poised to Drive Early Gains on Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. equity futures pointed to a firmer open on Wednesday, setting the stage for stocks to build on gains from the previous two sessions, with semiconductor names once again expected to lead the advance. Chip-related stocks were among the strongest performers on Tuesday, and that momentum looked set to continue in early trading. U.S.-listed shares…