Equities Archives - Page 51 of 1061

1 minute read

Ericsson Turns The Corner: Reports Conclusion Of US Anti-Corruption Compliance Monitorship

June 3, 11:10 AM

Ericsson shares up after independent monitor concludes compliance work and the March 2023 Plea Agreement with the DOJ that followed non-criminal breaches of the DPA has also expired as of June 2.

ERIC

1 minute read

Berkshire Hathaway, Chipotle, More NYSE Stocks Hit With Trading Halts Triggered By Technical Issues

By Piero Cingari

June 3, 10:37 AM

NYSE experiences trading halts Monday due to a technical issue. Stocks like Berkshire Hathaway and Chipotle are impacted.

ABT

1 minute read

Nano Dimension’s Q1 Revenue Drops, But Cost-Cutting Measures Show Promise

By Anusuya Lahiri

June 3, 10:30 AM

Nano Dimension Ltd reported Q1 revenue of $13.36M, down 10.7% YoY. EPS loss $(0.15) vs $0.09 YoY, attributed to decreased product sales. Adjusted gross profit $6.65M, margin improved to 49.8%. Company holds $793.08M in cash. Recently reduced workforce and Executive Management group by 25% expected to save $30M annually.

IRBO

2 minute read

Spotify Turns Up The Volume On Pricing, Premium Plans See A Hike

By Shivani Kumaresan

June 3, 10:12 AM

Spotify shares surge as the company hiked U.S. premium plan prices. Subscribers will be informed via email about the changes: individual plans rising to $11.99 from $10.99, duo plans to $16.99 from $14.99, and family plans to $19.99 from $16.99. This move aims to boost profit margins amidst competition from Apple and Amazon, focusing on premium services that drive most of Spotify's revenue.

AAPL

2 minute read

Waste Management To Acquire Stericycle For $62.00/Share In Cash, At 20% Premium

By Lekha Gupta

June 3, 9:50 AM

Waste Management agreed to acquire Stericycle, adding medical waste & document shredding services. Both stocks have seen gains in past 12 months.

EVX

1 minute read

Accenture And Kraken Technologies Spearhead Digital Transformation For EDF’s UK Operations: Details

By Lekha Gupta

June 3, 9:24 AM

Accenture and Kraken Technologies partner to accelerate customer transformation for EDF, utilizing AI-enabled platform and reducing costs for utilities.

ACN

2 minute read

Science Applications International Optimistic About Hitting Annual Outlook Despite Q1 Revenue Dip, Shares Slide

By Anusuya Lahiri

June 3, 9:15 AM

SAIC reported 9% revenue decline in Q1 2025, but beat analyst estimates. Adjusted EPS in line with consensus. Divestiture & contract completions led to decline. FY25 outlook reiterated.

CIBR

2 minute read

Honeywell Takes Flight: Boosts Guidance, Closes Carrier Global Transaction

By Lekha Gupta

June 3, 8:53 AM

Honeywell raised guidance after completing acquisition of Carrier's Global Access Solutions business, expecting growth in automation and aviation. Q2 & FY24 outlooks improved with strong cash flow and margin expansion.

CARR

2 minute read

Why Is Boat Dealership Giant MarineMax’s Stock Soaring Today?

By Shivani Kumaresan

June 3, 8:29 AM

MarineMax shares surged as OneWater Marine reportedly in acquisition talks with a $40 per share all-cash offer. An official announcement is expected soon, although the deal is not yet finalized.

HZO

3 minute read

Wall Street Eyes Positive June Start, GameStop Skyrockets On Renewed Meme Rally: Optimistic Analyst Sees Stocks Defying Historical ‘June Swoon’

By Shanthi Rexaline

June 3, 7:29 AM

Wall Street is eyeing a strong start to the week, with mega-cap tech stocks and the resumption of the meme rally likely providing the thrust the market needs to break out of the lackluster phase seen in late May. The meme stock rally set in motion by Roaring Kitty’s disclosure of a huge GameStop Corp.

AMC