Stock of Azenta, Inc. (AZTA) is dropping about 22 percent on Wednesday morning trading following the announcement of its first quarter financial results, reporting loss of $0.34 per share compared to $0.25 per share, last year. The company's stock is currently trading at $28.78, down 22.01 percent...
Stock of Varonis Systems, Inc. (VRNS) is moving down about 20 percent on Wednesday morning trading over a deadline alert from the Law Offices of Frank R. Cruz about class action lawsuits filed on the behalf of shareholders. The company's stock is currently trading at $20.95, down 21.28 percent or...
Shares of Advanced Micro Devices, Inc. (AMD) are falling about 12 percent on Wednesday morning trading despite no corporate-related announcements to impact the movement. The company's shares are currently trading at $211.46 on the Nasdaq, down 12.81 percent. The stock opened at $209.79 and has climbed...
Performance Food Group Company (PFGC), a food and food service distributor, on Wednesday initiated guidance for the third quarter and revised down its annual outlook. Scott McPherson, CEO of Performance Food Group, said: "As we refine our outlook for 2026 to reflect recent market dynamics, our confidence...
Corpay, Inc. (CPAY), Wednesday announced the decision to sell PayByPhone, a mobile parking payments business, to Lightyear Capital. The financial details of the deal have not been disclosed. Notably, the transaction is not expected to have a material impact on Corpay's 2026 Cash EPS outlook. Ron...
Equifax Inc. (EFX), a consumer credit reporting agency, on Wednesday initiated guidance for the first quarter and full year. Commenting on the guidance, the company said: "This reflects an assumption that the U.S. mortgage market is down low single digits in 2026 as well as an assumption that 100%...
Flex Ltd. (FLEX), a manufacturing company, on Wednesday, reported its net income decreased in the fourth quarter compared with the previous year. For the third quarter, net income decreased to $239 million from $263 million in the previous year. Earnings per share were $0.64 versus $0.67 last...
Biogen (BIIB) announced that Nature Medicine published results from the Phase 2/3 DEVOTE study evaluating the high-dose regimen of nusinersen, comprised of 50 mg/5 mL loading and 28 mg/5 mL maintenance doses, in spinal muscular atrophy. The company said the results showed the safety and effectiveness...
Fox Corporation (FOXA) on Wednesday reported net income attributable to stockholders of $229 million, or $0.52 per share, for the second quarter, compared with $373 million, or $0.81 per share, in the prior-year quarter. Adjusted net income attributable to stockholders was $360 million, or $0.82 per...
Fortive Corp. (FTV), an industrial technology conglomerate, on Wednesday reported its net income declined in the fourth quarter compared with the previous year. For the fourth quarter, net income declined to $191.5 million from $193.2 million in the prior year. Earnings per share were $0.58 versus...
IDEX (IEX) said its full year 2026 organic sales are projected to increase 1% to 2% over the prior year. Full year adjusted EPS is expected in a range of $8.15 to $8.35. For the first quarter, the company expects organic sales to increase approximately 1%, and adjusted EPS in a range of $1.73 to $1.78....
Kennametal Inc. (KMT) reported Wednesday higher profit and sales in its second quarter, both above market estimates. Further, the firm issued outlook, expecting fiscal 2026 results above the Street. In pre-market activity, the shares were gaining around 11 percent to trade at $39.72. In the quarter,...
Wabash National Corp. (WNC), an end-to-end supply chain solutions provider for the transportation, logistics and infrastructure markets, on Wednesday reported its loss widened in the fourth quarter compared with the previous year. In the pre-market trading, Wabash National is 6.23% lesser at $10.54...
The Timken Co. (TKR), an engineered bearings and industrial motion, on Wednesday reported its net income declined despite higher net sales compared with the previous year. For the fourth quarter, net income attributable to the company declined to $62.3 million from $71.2 million in the previous year. Earnings...
CGI Inc. (GIB), an IT and business consulting firm, on Wednesday said it has agreed to acquire Stratfield Consulting, strengthening its position in Atlanta, a key U.S. growth market. The transaction is expected to be completed in February 2026. Atlanta-based Stratfield Consulting specializes in...
January 30, 2026 15:51 ET The Federal Reserve policy decision was the main event in the final week of January, which saw a heavy flow of economics news. Several data reflecting the trends in the U.S. economy were also released during the week. The interest rate decision from Canada also was in focus. In Europe, economic sentiment data gained attention. The policy decision from Singapore was the highlight in Asia.