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Textron Beats Q3 Earnings Expectations With Notable Aviation Growth

By Lekha Gupta
October 26, 12:59 PM
Textron Inc (NYSE: TXT) reported Q3 FY23 sales growth of $3.34 billion, missing the consensus of $3.476 billion, although adjusted EPS of $1.49 (+30% Y/Y) beat 

TXT

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Why Pharma Giant Merck’s Shares Are Shooting Higher Today

By Nabaparna Bhattacharya
October 26, 10:55 AM
Merck & Company, Inc. (NYSE: MRK) Q3 sales reached $15.962 billion, up 7% Y/Y, beating the consensus of $15.320 billion, 

MRK

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Credit Card Juggernaut MasterCard’s Stock Tanks Despite Q3 Beat

By Lekha Gupta
October 26, 10:24 AM
Mastercard Inc (NYSE: MA) shares are trading lower after the company 

MA

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Gold Miner Newmont Misses Q3 Earnings On Production Decline Due To Strike, Slashes FY23 Guidance

By Lekha Gupta
October 26, 9:11 AM
Newmont Corp (NYSE: NEM) reported Q3 FY23 revenue decline of 5% Y/Y to $2.49 billion, missing the consensus of $2.90 billion, impacted by 

NEM

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Why Orthodontics Company Align Technology Shares Are Plummeting Today

By Lekha Gupta
October 26, 6:44 AM
Align Technology Inc (NASDAQ: ALGN) shares are trading lower by around 25% after the company reported worse-than-expected Q3 FY23 

ALGN

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Big Tech Woes Drive Nasdaq 100’s Worst Session In 2023, Now Approaching Correction Territory

By Piero Cingari
October 25, 5:24 PM
The tech-heavy Nasdaq 100 Index just concluded its most challenging session of 2023, shedding 2.5% on the day.

AMZN

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Intel’s Q3 Report Looms As Microchip Industry Surges Ahead: Can It Catch Up?

By Piero Cingari
October 25, 4:46 PM
In the heart of Silicon Valley, all eyes are on Intel as it gears up to unveil its third-quarter earnings report on Thursday after the closing bell.

INTC

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EV Manufacturing & Demand Challenges May Weigh On Lithium Producers Albemarle & Livent’s Growth Outlook: Analyst

By Lekha Gupta
October 25, 2:29 PM
Piper Sandler analyst Charles Neivert downgraded Albemarle Corp (NYSE: ALB) and Livent Corp (NYSE: LTHM) to Neutral from Overweight.

ALB

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London-Based Oil Giant Shell Cuts Jobs In Low-Carbon Solutions Division & Lowers Hydrogen Business Exposure: Report

By Lekha Gupta
October 25, 2:03 PM
Shell PLC (NYSE: SHEL) is reportedly planning to cut around 15% of the workforce at its low-carbon solutions division and reduce its exposure to the hydrogen business.

SHEL

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Old Dominion Freight Line’s Q3 Mixed Bag: EPS Beat, Marginal Revenue Miss Amid Soft Domestic Economy

By Lekha Gupta
October 25, 9:44 AM
Old Dominion Freight Line Inc (NASDAQ: ODFL) reported a Q3 FY23 revenue decline of 5.5% Y/Y to $1.515 billion, marginally 

ODFL

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