ADVFN US – Market Content Editor

Otis Worldwide Corporation (NYSE:OTIS) reported fourth-quarter results on Wednesday that came in just under market expectations, prompting a modest pullback in its share price after revenue missed forecasts. The elevator and escalator maker posted adjusted earnings of $1.03 per share, narrowly below the consensus estimate of $1.04. Quarterly revenue totaled $3.8 billion, short of the…

Valens Semiconductor (NYSE:VLN) said it plans to reduce its global workforce by around 10% as part of a broader drive to improve operating efficiency, a move the Israel-based connectivity specialist expects will deliver roughly $5 million in annual operating expense savings. The headcount reduction will span multiple departments and is scheduled to be completed during…

Shares of New Oriental Education & Technology Group Inc. (NYSE:EDU) gained 3.4% on Wednesday after the company posted fiscal second-quarter 2026 results that comfortably topped market expectations, underpinned by strong revenue momentum across its education portfolio. The China-based education group reported adjusted earnings of $0.45 per American Depositary Share (ADS) for the quarter ended November…

Walmart (NYSE:WMT) is increasing pay for thousands of pharmacy employees after upgrading 3,000 pharmacy technician roles to operations team lead positions, lifting average hourly wages to $28 from $22 as the retailer expands its healthcare and digital pharmacy services. The company said on Wednesday that pharmacy technicians, who currently earn about $22 an hour on…

Shares of United Microelectronics Corporation (NYSE:UMC) dropped 10.7% on Wednesday after the Taiwanese chip foundry reported fourth-quarter earnings that came in below expectations, even as revenue modestly exceeded forecasts. UMC posted fourth-quarter earnings of $0.13 per ADS, missing the consensus estimate of $0.14. Revenue for the period reached $1.97 billion, slightly ahead of analyst expectations…

VF Corporation (NYSE:VFC) shares rallied in premarket trading on Wednesday after the owner of Vans delivered better-than-expected third-quarter results and signalled improving profitability and cash generation heading into 2026. The group reported third-quarter earnings of $0.58 per share, comfortably ahead of analysts’ expectations of $0.45. Revenue reached $2.88 billion for the period, representing 2% growth…

Danaher Corporation (NYSE:DHR) reported fourth-quarter results that exceeded market expectations, supported by solid performance across its healthcare and life sciences portfolio, with particular strength in bioprocessing. The company posted adjusted earnings of $2.23 per share for the quarter, ahead of analysts’ consensus estimate of $2.14. Revenue came in at $6.84 billion, topping forecasts of $6.79…

Elevance Health (NYSE:ELV) said it expects earnings to decline in 2026 compared with the prior year, citing a tougher outlook for the U.S. health insurance sector after the government proposed only a modest increase in payments to private Medicare Advantage plans. The insurer said projected adjusted diluted earnings for the current year are expected to…