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Aptiv PLC (NYSE:APTV) reported better-than-expected financial results and issued strong guidance on Thursday.The company posted quarterly revenue of $4.91 billion, versus estimates of $4.89 billion. Adjusted earnings came in at $1.75 per share, versus estimates of $1.65 per share.”Looking ahead, as we navigate a dynamic market environment, we will remain focused on enabling our customers […]
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Goldman Sachs analyst Noah Poponak expressed views on GE Aerospace‘s (NYSE:GE) fourth-quarter FY24 results.Today, the company reported fourth-quarter adjusted revenue growth of 16% year-over-year to $9.879 billion and GAAP revenue of $10.812 billion. The analyst consensus was $9.604 billion.Adjusted EPS for the quarter was $1.32 (+103% Y/Y), beating the consensus of $1.04.GE Aerospace expects FY25 […]
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On Friday, Novo Nordisk A/S (NYSE:NVO) released headline results from the REDEFINE 1 Phase 3 trial in the global REDEFINE program.When evaluating the effects of treatment if all people adhered to treatment, people treated with CagriSema achieved a weight loss of 22.7% after 68 weeks compared to a reduction of 11.8% with cagrilintide 2.4 mg, […]
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Nokia Oyj is a worldwide provider of telecom equipment and network infrastructure solutions. The computer and technology sector giant is a major facilitator of 5G and 4G infrastructure deployment along with competitor Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC).Nokia Offers Solutions for All Networks Originally known as a dominant mobile phone manufacturer before the age of smartphones, […]
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Huntington Bancshares Inc.’s (NASDAQ: HBAN) shares rose 2.5% in yesterday’s trading session after the company announced its plans to expand its banking franchise in North Carolina and South Carolina. The bank intends to add more than 350 employees across varied business divisions and launch roughly 55 retail branches within the next five years.The first branches […]
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U.S. Bancorp’s (NYSE: USB) shares have gained 12% in the past three months, outperforming the industry’s growth of 5.1% and the S&P 500’s rise of 5.8%. USB is currently trading just 1% off its 52-week high of $45.88 hit on Jul 30. Image Source: Zacks Investment ResearchThe company’s inorganic growth move and strong balance sheet […]
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Enersys (NYSE: ENS) reported first-quarter fiscal 2025 (ended Jun 30, 2024) adjusted earnings of $1.98 per share, which surpassed the Zacks Consensus Estimate of $1.97. The bottom line increased 5% year over year due to lower operating expenses.Enersys’ net sales of $852.9 million missed the consensus estimate of $878 million. The top line declined 6% […]
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Broadridge Financial Solutions, Inc. (NYSE: BR) reported mixed fourth-quarter fiscal 2024 results, with earnings beating the Zacks Consensus Estimate but revenues missing the same.Adjusted earnings of $3.5 per share beat the Zacks Consensus Estimate by 0.6% and increased 9% from the year-ago quarter. Total revenues of $1.94 billion missed the consensus mark by 1% but […]
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Veteran Wall Street investor Ed Yardeni challenged fears of a U.S. recession on Monday, opposing the prevailing market sentiment that unsettled global equities.“A weak July employment report does not make a recession,” wrote Ed Yardeni, president of Yardeni Research, in a morning note published ahead of the stronger-than-expected ISM Services PMI report. Yardeni argues that […]
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