ADVFN US – Market Content Editor
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1-800-FLOWERS.COM Jumps as Q2 Profit Smashes Forecasts
1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) posted a sharp earnings beat for its fiscal second quarter, helped by aggressive cost controls that lifted profitability despite a year-on-year drop in revenue. Shares in the floral and gifting group surged 9.41% in pre-market trading on Thursday following the release. Adjusted earnings reached $1.20 per diluted share for the quarter ended…
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Lazard Gains After Q4 Results Come in Ahead of Forecasts
Lazard Inc. (NYSE:LAZ) reported stronger-than-expected fourth-quarter earnings and revenue on Thursday, supported by solid contributions from both its advisory and asset management businesses. Shares of the financial advisory and asset management group rose 1.46% in pre-market trading following the release. Adjusted earnings for the quarter reached $0.80 per share, beating the consensus estimate of $0.69.…
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L3Harris Flags Slightly Weaker Revenue Outlook Despite Q4 Earnings Beat
L3Harris Technologies (NYSE:LHX) said it expects full-year revenue to come in a touch below market expectations, after outlining guidance for the current fiscal year of between $23.0 billion and $23.5 billion. The midpoint of that range trails analyst forecasts of around $23.34 billion. For the fourth quarter, the defense group delivered mixed results. Adjusted earnings…
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U.S. Initial Jobless Claims Ease Slightly
New filings for U.S. unemployment benefits declined marginally in the week ended January 24, according to a report released Thursday by the Labor Department. Initial jobless claims edged down to 209,000, a decrease of 1,000 from the prior week’s upwardly revised figure of 210,000. Economists had been expecting claims to increase to around 205,000, compared…
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U.S. Trade Deficit Widens More Than Expected in November
The U.S. trade gap expanded far more than anticipated in November, according to data released Thursday by the Commerce Department. The report showed the trade deficit ballooned to $56.8 billion in November, rising sharply from a revised $29.2 billion in October. Economists had been forecasting a more modest increase, with the deficit expected to widen…
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Strong Meta Results and Outlook Set the Tone for a Firmer Wall Street Open: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures were pointing modestly higher early Thursday, suggesting a positive start to the session after markets finished the previous day little changed. Early momentum looked set to be driven by an upbeat response to earnings from Meta Platforms (NASDAQ:META), with the Facebook owner jumping 9.2% in pre-market trading. The rally followed stronger-than-expected…
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Valero Energy Climbs After Refining Upswing Fuels Q4 Earnings Surprise
Valero Energy Corporation (NYSE:VLO) posted a strong fourth-quarter performance on Thursday, with earnings comfortably beating market expectations as refining margins strengthened across most regions. The shares gained 2.71% following the results. Adjusted earnings for the quarter came in at $3.82 per share, well ahead of the analyst consensus of $3.11. Revenue reached $30.37 billion, also…
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Ameriprise Posts Record Q4 Earnings as Asset Growth Drives Results
Ameriprise Financial (NYSE:AMP) reported a standout fourth quarter on Thursday, delivering adjusted earnings that comfortably beat market expectations, supported by strong asset growth and tight cost control. Adjusted earnings per share came in at $10.83, well above the analyst consensus of $10.30. Revenue for the quarter totaled $4.96 billion, exceeding expectations of $4.77 billion and…
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PulteGroup Beats Q4 Profit Forecasts as Orders Hold Up in a Tough Housing Market
PulteGroup (NYSE:PHM) delivered fourth-quarter results that came in ahead of Wall Street expectations, even as broader housing market conditions remained challenging. The shares ticked up around 0.3% following the release on Thursday. The homebuilder reported adjusted earnings of $2.88 per share, topping the consensus estimate of $2.81. Quarterly revenue reached $4.61 billion, comfortably above analysts’…
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Trane Technologies Tops Q4 Forecasts, Signals Healthy Momentum Into 2026
Trane Technologies plc (NYSE:TT) posted better-than-expected results for the fourth quarter on Thursday, supported by robust demand in commercial HVAC, and issued an upbeat outlook for 2026 growth. Adjusted earnings per share for the quarter came in at $2.86, ahead of the $2.82 analysts had forecast. Revenue totaled $5.15 billion, beating the consensus estimate of…