CPI Aerostructures Turns To Profit In Q3; Affirms Outlook - Quick Facts

CPI Aerostructures, Inc. (CVU) on Thursday reported net income for the third quarter of $0.82 million or $0.07 per share, compared to net loss of $1.26 million or $0.11 per share in the year-ago period.

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Big Winners In 2020! Could These Stocks Outperform Again In 2021?

As we approach the end of a tumultuous 2020, it's time to list our stock picks that have made triple-digit gains in less than a year. Most of 2020's top stocks have benefited from a prolonged stay-at-home necessitated by the novel coronavirus. Looking forward, many of the best stocks for 2021 are set to benefit from the potential return to normalcy.

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Watsco Says 2020 Annual Sales Exceed $5 Bln - Quick Facts

Watsco, Inc. (WSO), a distributor of heating, air conditioning and refrigeration or HVAC/R products, said Wednesday that its 2020 annual sales have exceeded $5 billion.

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Paychex Raises FY21 Outlook - Quick Facts

While reporting its financial results for the second quarter on Wednesday, Paychex Inc. (PAYX) raised its earnings and revenue outlook for fiscal 2021.

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Stock Alert: China Customer Relations Surges On Improved Results

Shares of China Customer Relations Centers, Inc. (CCRC) are gaining nearly 50% on Monday morning. On December 18, the China-based business process outsourcing service reported an increase in revenues and profit for the first-half of 2020.

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FactSet Maintains FY21 Outlook - Quick Facts

While reporting financial results for the first quarter on Monday, FactSet Research Systems, Inc. (FDS) maintained its earnings and revenue outlook for the full-year 2021.

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Winnebago Industries Q1 Profit Surges, Results Beats View - Quick Facts

Winnebago Industries, Inc. (WGO), a maker of recreational vehicles and marine products, on Friday reported a surge in net income for the first quarter to $57.4 million or $1.70 per share from $14.1 million or $0.44 per share in the year-ago period.

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Stock Alert: Accenture Hits New 52-week On Quarterly Results, Raised Outlook

Shares of Accenture plc (ACN) are rising almost 8 percent or $19.51 in Thursday's morning trade at $266.96, after hitting a new 52-week high of $271.18 as the consulting firm's quarterly results beat estimates and it also raised its full-year outlook.

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Jabil Guides FY21 Above Estimates - Quick Facts

While reporting preliminary, unaudited financial results for its first quarter of fiscal 2021 on Thursday, manufacturing solutions provider Jabil, Inc. (JBL) provided earnings and revenue guidance for the second quarter, and initiated outlook for the full-year 2021, above analysts' estimates.

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Worthington Industries Slips To Loss In Q2 - Quick Facts

Industrial manufacturing company Worthington Industries, Inc. (WOR) reported Thursday a net loss for the second quarter of $74.04 million or $1.40 per share, compared to net earnings $52.09 million or $0.93 per share in the prior-year quarter.

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Sanderson Farms Turns To Profit In Q4, Results Top Estimates - Quick Facts

Sanderson Farms Inc. (SAFM) on Thursday reported net income for the fourth quarter of $27.92 million or $1.26 per share, compared to a net loss of $22.87 million or $1.05 per share in the year-ago period.

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General Mills Q2 Results Top Estimates

General Mills (GIS) reported a profit for the second quarter that increased about 19 percent from last year, reflecting higher operating profit, lower net interest expense, and higher after-tax earnings from joint ventures. Both adjusted earnings per share and quarterly revenues topped analysts' expectations.

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Rite Aid Narrows FY20 Adj. EPS Outlook Range; Boosts Revenue Guidance - Quick Facts

While reporting financial results for the third quarter on Thursday, drugstore chain Rite Aid Corp. (RAD) narrowed its adjusted earnings guidance for the full-year 2021, while raising annual revenue outlook.

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Gannett Reduces Debt Load; Sees Improving Revenue Trends To Drive Strong Q4 Results

Gannett Co., Inc. (GCI) said Thursday that from the beginning of the fourth quarter through the end of this week, it will have repaid about $647 million of its 11.5 percent term loan, reducing the outstanding balance to $1.082 billion.

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Stock Alert: American Outdoor Jumps 16%

Shares of American Outdoor Brands, Inc. (AOUT) are currently gaining over 16% as the outdoor sports products retailer reported profit for second-quarter results, and the annual earnings outlook is better than the Street view.

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Southwest November Operating Revenue Down 63%; Sees Softness In Leisure Passenger Demand

Southwest Airlines Inc. (LUV) said Wednesday it continues to experience significant year-over-year negative impacts to passenger demand and bookings due to the COVID-19 pandemic.

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Avient Raises Q4 Adjusted Earnings Outlook - Quick Facts

Avient Corp. (AVNT), a provider of specialized and sustainable material solutions, on Monday raised its outlook for fourth-quarter adjusted earnings per share, citing an increase in sales.

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Adobe Guides Q1, FY21 Above Estimates - Quick Facts

While reporting financial results for the fourth quarter and fiscal 2020 on Thursday, software company Adobe, Inc. (ADBE) initiated earnings and revenue guidance for the first quarter and full-year 2021.

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Alkermes To Implement Value Enhancement Plan; Announces Profitability Targets

Biopharmaceutical company Alkermes plc (ALKS), on Thursday announced a Value Enhancement Plan to drive growth, improve operational as well as financial performance and enhance shareholder value.

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J.M. Smucker Reiterates FY21 Outlook; Provides Long-term Growth Targets - Quick Facts

J.M. Smucker Co. (SJM) said Thursday that at a virtual investor day today, it will outline its strategic goals and operational priorities to create long-term and sustainable shareholder value. The company also reaffirmed its fiscal year 2021 outlook and shared long-term financial targets.

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Lee Enterprises Slips To Loss In Q4 - Quick Facts

Lee Enterprises, Inc. (LEE), a provider of news, information and a major platform for advertising in 77 markets, on Thursday reported a net loss attributable to Lee of $1.78 million or $0.03 per share for the fourth quarter, compared to net income of $0.82 million or $0.01 per share in the year-ago quarter.

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Stock Alert: Element Solutions Hits New 52-week High As Outlook Raised

Shares of Element Solutions Inc (ESI), a specialty chemicals company, are rising more than 11 percent or $1.67 in Wednesday's morning trade at $16.54, after hitting a new 52-week high of $16.63.

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Stock Alert: Photronics Down 20% On Quarterly Results, Outlook

Shares of Photronics Inc. (PLAB) are slipping nearly 20% on Wednesday morning after the photomask maker's fourth-quarter results missed the Street estimates. Earnings outlook for the first quarter is also below analysts' expectations.

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Lowe's To Launch "Total Home" Strategy; Approves $15 Bln Share Buyback - Quick Facts

Home improvement retailer Lowe's Companies, Inc. (LOW), which is hosting a virtual Investor Update on Wednesday, said it is introducing the "Total Home" strategy to further accelerate market share gains.

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Campbell Soup Q1 Results Beat View, But Sees Q2 Profit Below View

Campbell Soup Co. (CPB) reported a profit for the first quarter that climbed 86 percent from last year, reflecting higher sales volumes, improved gross margin performance and lower selling expenses. Quarterly net sales increased 7 percent. Both earnings and revenue beat analysts' estimates. But the company expects second-quarter adjusted earnings below their expectations.

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New York Times Now Projects Q4 Advertising Revenue To Decline About 20%

Ahead of the UBS Global TMT Conference, New York Times Co. (NYT) on Wednesday provided an update to its outlook for fourth-quarter advertising revenue that it provided while reporting its financial results for the third quarter in early November.

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United Natural Foods Reiterates FY21 Outlook For Net Sales, Adjusted Earnings

While reporting its financial results for the first quarter on Wednesday, United Natural Foods Inc. (UNFI) reaffirmed its outlook for fiscal 2021 net sales and adjusted earnings per share, while updating its outlook for earnings per share.

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Stock Alert: Stitch Fix Jumps 45% On Quarterly Results, CFO Appointment

Shares of Stitch Fix, Inc. (SFIX) jumped over 45% on Tuesday morning after the company posted a surprise profit and named new CFO.

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Fiserv Affirms FY20 Earnings Outlook - Quick Facts

Fiserv, Inc. (FISV) on Tuesday affirmed its outlook for fiscal 2020 adjusted earnings per share ahead of its virtual Investor Conference later today. The company also provided its preliminary financial outlook for fiscal 2021 as well as its financial expectations and outlook for fiscal years 2022 and 2023.

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G-III Apparel Guides Q4 Sales Below Estimates - Quick Facts

While reporting financial results for the third quarter on Tuesday, G-III Apparel Group, Ltd. (GIII) provided sales guidance for the fourth quarter, below analysts' expectations.

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Thor Industries Q1 Results Top Estimates - Quick Facts

Thor Industries, Inc. (THO) reported Tuesday net income for the first quarter of $113.76 million or $2.05 per share, up from $51.07 million or $0.92 per share in the prior-year quarter.

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Stock Alert: Elastic Rises To New 52-week High; Loss Narrows, Outlook Better Than View

Shares of Elastic N.V. (ESTC), a search company, are climbing more than 14 percent or $17.16 in Thursday's morning trade at $137.06, after touching a new 52-week high of $142.96.

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Stock Alert: Splunk Tanks 25% On Quarterly Results, Outlook

Shares of Splunk Inc. (SPLK) are losing nearly 25% on Thursday morning after its third-quarter results missed Street expectations and outlook also were below estimates.

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Dollar General Q3 Results Top Estimates; Kroger Profit Beats, But Revenue Misses

Discount retailer Dollar General Corp. and supermarket chain Kroger Co. on Thursday reported sharp increases in their quarterly profits on higher sales. While Dollar General's results trounced analysts' estimates, Kroger's earnings beat expectations while revenue fell short. Dollar General's profit for the third quarter surged 57 percent from last year.

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Kroger Raises FY20 Adj. Earnings Outlook - Quick Facts

While reporting its financial results for the third quarter on Thursday, Kroger Co. (KR) said it is raising its fiscal 2020 adjusted earnings outlook.

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Dollar General Says Seeing Continued Elevated Demand In Its Stores - Quick Facts

While reporting its financial results for the third quarter on Thursday, Dollar General Corp. (DG) said it continued to experience elevated demand in its stores. As a result, from October 31, 2020 through December 1, 2020, same-store sales increased about 14 percent as compared to the comparable timeframe in the 2019 fiscal year.

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TD Bank Group Q4 Profit Surges, Beats Estimates - Quick Facts

TD Bank Group (TD, TD.TO) on Thursday reported fourth-quarter net income of C$5.14 billion or C$2.80 per share, up sharply from C$2.86 billion or C$1.54 per share in the year-ago period.

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Stock Alert: Salesforce Tumbles 10%

Shares of Salesforce.com, Inc. (CRM) are losing more than 10 percent or $24.76 in Wednesday's morning trade at $216.59.

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UnitedHealth Issues Updated FY20 Outlook - Quick Facts

Ahead of its annual Investor Conference with analysts and institutional investors taking place virtually later on Tuesday, diversified health care company UnitedHealth Group, Inc. (UNH) provided an updated outlook for fiscal 2020 and its initial outlook for fiscal 2021.

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Stock Alert: Gap Slides 17% As Q3 Profit Falls

Shares of Gap Inc, (GPS) are falling more than 17 percent or $4.66 in Wednesday's morning trade at $22.22 after the apparel retailer's third-quarter net income declined from last year.

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Best Buy, Abercrombie & Fitch, Dollar Tree Q3 Results Beat View

U.S. retailers Best Buy Co. Inc., Abercrombie & Fitch Co., and Dollar Tree Inc. on Tuesday reported results for the third quarter that surpassed analysts' expectations. The upbeat results indicate that retailers have largely recovered from the impact of the coronavirus pandemic just as the holiday season approaches. The companies have also intensified their focused on digital sales.

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Abercrombie & Fitch Q3 Profit Surges, Beats View - Quick Facts

Abercrombie & Fitch Co. (ANF) on Tuesday reported net income for the third quarter of $42.27 million or $0.66 per share, up sharply from $6.52 million or $0.10 per share in the year-ago period.

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Chico's FAS Q3 Loss Widens, Revenue Down 27.5% - Quick Facts

Chico's FAS Inc. (CHS) reported Tuesday that its third-quarter net loss widened to $55.87 million or $0.48 per share from $8.12 million or $0.07 per share in the year-ago quarter.

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J.M. Smucker Raises FY21 Outlook - Quick Facts

While reporting its financial results for the second quarter on Tuesday, J.M. Smucker Co. (SJM) raised its financial outlook for fiscal 2021.

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Movado Group Q3 Profit Declines - Quick Facts

Movado Group Inc. (MOV) reported Tuesday that its net income for the third quarter declined to $14.83 million or $0.63 per share, from $17.77 million or $0.76 per share in the prior-year quarter.

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Jacobs Sees FY21 Earnings In Line With Estimates; Launches Focus 2023 Initiative - Quick Facts

While reporting its financial results for the fourth quarter on Tuesday, Jacobs Engineering Group Inc. (J) initiated its forecast for fiscal 2021 adjusted earnings of $5.20 to $6.00 per share and adjusted EBITDA of $1.055 billion to $1.155 billion.

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Hormel Foods Optimistic Of Sales, EPS Growth In FY21; Boosts Dividend 5% - Quick Facts

While reporting financial results for the fourth quarter and full-year 2020 on Tuesday, branded food company Hormel Foods Corp. (HRL) said it is optimistic about generating sales and earnings growth in fiscal 2021.

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Dycom Industries Expects Q4 Revenues To Be Modestly Lower - Quick Facts

While reporting financial results for the third quarter on Tuesday, specialty contracting services firm Dycom Industries, Inc. (DY) said it anticipates contract revenues for the fourth quarter to be modestly lower with margins to range from in-line to modestly lower from last year.

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Stock Alert: Williams-Sonoma Hits New 52-week High

Shares of Williams-Sonoma Inc. (WSM), a specialty retailer of various products for home, are gaining almost 12 percent or $11.67 in Friday's morning trade at $112.71, after touching a new 52-week high of $114.00. The company's third-quarter results exceeded analysts' expectations.

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Foot Locker Q3 Profit Beats Estimates; Comps. Up 7.7%

New York-based specialty athletic retailer, Foot Locker, Inc. (FL) delivered a strong top- and bottom-line performance in the third quarter, surpassing analysts' estimates. The company's gross margin rate decreased to 30.9 percent from 32.1 percent a year ago. Comparable-store sales increased by 7.7 percent. Given the ongoing uncertainty due to COVID-19, the company is not providing full-year 2020 guidance.

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Stock Alert: Berry Global Rises To New 52-week High

Shares of Berry Global Group, Inc. (BERY) are gaining more than 5 percent or $2.89 in Thursday's morning trade at $56.37, after hitting a new 52-week high of $57.92. The company's fourth-quarter results surpassed analysts' estimates.

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Stock Alert: L Brands Hits New 52-week High After Q3 Profit Beats View

Shares of L Brands, Inc. (LB) are rising more than 12 percent or $4.05 in Thursday's morning trade at $37.66 after touching a new 52-week high of $39.60. The specialty retailer's third-quarter earnings beat analysts' expectations.

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Stock Alert: Phoenix New Media Shares Soar 57% In Early Trade

Shares of Phoenix New Media Ltd. (FENG) are surging over 57% in pre market today, after the company announced a special cash dividend of US$0.1714 per ordinary share.

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Cato Slips To Loss In Q3 - Quick Facts

Cato Corp. (CATO), a specialty retailer of fashion apparel and accessories, reported Thursday that its net loss for the third quarter was $3.62 million or $0.15 per diluted share, compared to net income of $5.99 million or $0.24 per share in the year-ago period.

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Children's Place Q3 Profit Plunges, By Results Top Estimates - Quick Facts

Specialty apparel retailer The Children's Place, Inc. (PLCE) reported Thursday that net income for the third quarter plunged to $13.3 million or $0.91 per share from $43.0 million or $2.77 per share in the prior-year quarter. Excluding items, adjusted net income was $1.44 per share, compared to $3.03 per share last year.

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Maximus Q4 Profit Rises, Results Beat Estimates - Quick Facts

Maximus, Inc. (MMS), a provider of government services worldwide, reported Thursday that its attributable net income for the fourth quarter rose to 63.66 million or $1.02 per share from $60.09 million or $0.93 per share in the year-ago period.

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Stock Alert: PaySign Tanks 30%

Shares of PaySign Inc. (PAYS) tanked over 30% on Wednesday morning hurt largely by its third-quarter results.

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Stock Alert: Lowe's Tumbles 6% After Q3 Results

Shares of Lowe's Companies Inc. (LOW) are losing almost 6 percent or $9.25 in Wednesday's morning trade at $150.61 after the home improvement retailer's third-quarter earnings missed analysts' expectations.

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Target, TJX Earnings Beat Estimates; Lowe's Profit Misses

Minneapolis-based Target Corp. (TGT) reported robust growth in both sales and profitability during its third quarter. With an adjusted earnings per share growth of 105.1 percent, and comparable sales increase of 20.7 percent, the company's results surpassed analysts' projections. More than 95 percent of Target's third quarter sales were fulfilled by its stores. Digital comparable sales grew 155 percent, accounting for 10.9 percentage points of comparable sales growth for the quarter.

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A.P. Moller-Maersk Q3 Profit Climbs, Volume Down; Lifts FY20 View; Stock Dips

Shares of A.P. Moller - Maersk A/S were losing around 2 percent in Denmark trade after the container logistics company reported Wednesday weak revenue and volume in its third quarter, even as profit increased from last year. The company further raised its forecast for fiscal 2020 EBITDA, a key earnings metric.

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Target Q3 Profit Rises, Results Beat Estimates - Quick Facts

Discount retailer Target Corp. (TGT) on Wednesday reported an increase in profit for the third quarter from last year on higher revenues. Both revenue and adjusted earnings per share beat analysts' estimates.

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Sea Limited Boosts FY20 Revenue Outlook - Quick Facts

While reporting its financial results for the third quarter on Tuesday, consumer internet company Sea Limited (SE) raised its revenue guidance for both digital entertainment and e-commerce for the full-year 2020.

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Home Depot Q3 Results Top Estimates; Plans $1 Bln In Compensation Enhancement

Home improvement retailer Home Depot Inc. (HD) reported Tuesday that net earnings for the third quarter grew to $3.43 billion or $3.18 per share from $2.77 billion or $2.53 per share in the prior-year quarter.

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Tyson Foods Q4 Adj. EPS Tops View; Guides FY21 Sales Below View

Meat processor Tyson Foods Inc. reported Monday a profit for the fourth quarter that increased from last year, reflecting sales growth at most of its operating segments. Adjusted earnings per share topped analysts' expectations. The company also initiated sales guidance for the full-year 2021 and boosted quarterly dividend 6 percent.

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China Yuchai International Q3 Profit More Than Doubles - Quick Facts

China Yuchai International Ltd. (CYD) announced Monday selected preliminary unaudited data for the third quarter, reporting that total net earnings attributable to shareholders for the quarter was RMB 108.4 million, higher than RMB 50.3 million in the same quarter in 2019.

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Upbeat Earnings News May Lead To Initial Strength On Wall Street

The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to move back to the upside after coming under pressure over the course of the previous session.

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Pre-market Movers In Healthcare Sector: UROV, NAVB, BNGO, DFFN, KROS.

What's moving these stocks in the pre-market hours today?

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AZN's Repurposed COVID-19 Drug Fails, NAVB On Watch, CVAC Rallies On Storage Advantage Of CVnCoV

Today's Daily Dose brings you news about the failure of AstraZeneca's repurposed COVID-19 drug, reverse merger of MyMD with Akers, storage advantage of CureVac's COVID-19 shot, Navidea's promising results from its NAV3-31 phase IIb study, Inhibrx' phase I trial results of INBRX-109 in bone cancer.

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Walt Disney Q4 Results Beat Street View, Shares Up 6%

Shares of Walt Disney Co. (DIS) rose 6% on extended session on Thursday after the media and entertainment giant's fourth-quarter results trumped Wall Street estimates.

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Stock Alert: Vroom Falls To New 52-week Low

Shares of Vroom Inc. (VRM), an e-commerce platform for buying and selling used vehicles, are losing more than 8 percent or $3.40 in Thursday's morning trade at $37.40 after touching a new 52-week low of $35.50 on its weak fourth-quarter outlook.

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Stock Alert: IMAC Holdings Surges 150%

Shares of nano-cap company IMAC Holdings, Inc. (IMAC) are surging over 150% on Thursday morning after reporting narrower loss for the third quarter.

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Stock Alert: Fossil Group Jumps 35% After Turning To Q3 Profit

Shares of Fossil Group, Inc. (FOSL), a maker of consumer fashion accessories, are rising more than 35 percent or $2.11 in Thursday's morning trade at $8.08 after the company reported a profit for the third quarter.

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Stock Alert: EuroDry Skyrockets On Q3 Profit

Shares of EuroDry Ltd. (EDRY) are surging more than 118 percent or $5.31 in Thursday's morning trade at $9.80 after the operator of drybulk vessels reported a turnaround to profit in the third quarter.

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Profit Taking May Lead To Initial Weakness On Wall Street

The major U.S. index futures are pointing to a lower open on Thursday, with stocks likely to give back ground after ending the previous session mostly higher.

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ADC Therapeutics Q3 Net Loss Narrows - Quick Facts

ADC Therapeutics SA (ADCT) a clinical-stage oncology-focused biotechnology company, reported Thursday that its third-quarter net loss narrowed to $20.33 million or $0.29 per share, from net loss of $31.34 million or $0.62 per share for the same quarter in 2019.

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China Automotive Systems Boosts FY20 Revenue Guidance - Quick Facts

While reporting financial results for the third quarter on Thursday, vehicle parts supplier China Automotive Systems, Inc. (CAAS) raised its revenue guidance for the full-year 2020 to $390 million from the prior guidance of $360 million, based on the company's current views on operating and market conditions, which are subject to change.

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Pre-market Movers In Healthcare Sector: IMAC, BNGO, LMNL, FPRX, EQ.

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Twist Bioscience (TWST) Joins $100 Club

Shares of Twist Bioscience Corp. (TWST) closed at an all-time high of $102.16 on Wednesday, and that represents a five-fold increase in value year-to-date.

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Spirent Communications Affirms Full-year Expectations - Quick Facts

Communications technology company Spirent Communications Plc (SPT.L, SPM) said Thursday that the Group continued to see continued strategic momentum and the Board remains confident that the Group will show progress in 2020. The Group's expectations for the full-year remain unchanged.

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B&M European Value Retail H1 Pre-tax Profit Surges - Quick Facts

B&M European Value Retail S.A. (BME.L) reported Thursday that its first-half group statutory profit before tax grew 122.4 percent to 235.6 million pounds from 106.0 million pounds in the year-ago period. Earnings per share rose to 18.7 pence from 8.4 pence last year.

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3i Group H1 Profit Rises - Quick Facts

3i Group PLC (III.L), a private equity and venture capital company, reported Thursday that its first-half profit rose to 1.25 billion pounds from 759 million pounds in the year-ago period. Earnings per share were 130.0 pence, up from 78.2 pence a year ago.

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RTL Group 9-month Revenue Declines 11.8% - Quick Facts

Media company RTL Group (AUO.F) reported Thursday that its nine-month reported Group revenue declined 11.8 percent to 4.05 billion euros from 4.59 billion euros in the year-ago period, mainly due to TV advertising markets declining across Europe in the second quarter of 2020 as a result of the Covid-19 outbreak. Group revenue was down 10.4 per cent organically.

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HHLA 9-month Operating Result, Revenue Decline - Quick Facts

Hamburger Hafen und Logistik AG or HHLA (HHULF.PK, HHULY.PK) reported Thursday that its profit after tax and minority interests for the nine-month period fell 55.7 percent to 37.2 million euros from 83.8 million euros in the year-ago period.

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K+S Group Q3 EBITDA Rises; Affirms FY20 EBITDA Outlook - Quick Facts

K+S Group (SDFG) reported Thursday that its third-quarter EBITDA rose 19.3 percent to 96.0 million euros from 80.6 million euros in the year-ago period.

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Fraport: Frankfurt Airport October Passenger Traffic Down 83.4% - Quick Facts

German airport operator Fraport (FRA.DE, 0O1R.L, FPRUF.PK) reported Thursday that in October 2020, Frankfurt Airport served about 1.1 million passengers, a decrease of 83.4 percent year-on-year. Cumulative over the first ten months of the year, the number of passengers fell by 71.6 percent.

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Stock Alert: Fuel Tech More Than Doubles On Improved Results

Shares of nano-cap company Fuel Tech, Inc. (FTEK) surged over 120% on Wednesday morning driven by its quarterly results.

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Stock Alert: Brooks Automation Climbs To New 52-week High

Shares of Brooks Automation, Inc. (BRKS) are gaining more than 15 percent or $9.31 in Wednesday's morning trade at $68.74 after touching a new 52-week high of $71.95, as the company's fourth-quarter results beat analysts' expectations and it also projected first-quarter results above estimates.

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Vaccine Optimism May Lead To Broad Based Strength On Wall Street

The major U.S. index futures are pointing to a higher open on Wednesday, with both the Dow and the Nasdaq futures moving to the upside.

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Toshiba Posts Profit In Q2; Sees Weak Results In FY20, Improvement By FY25

Japanese conglomerate Toshiba Corp. reported Wednesday a profit in its second quarter, compared to last year's loss, even as sales declined from last year. Looking ahead, for fiscal 2020, the company projects weak operating income and sales, while it maintained fiscal 2021 targets in the Toshiba Next Plan as steady profit improvement has been achieved despite Covid-19.

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Pre-market Movers In Healthcare Sector: FPRX, ZSAN, IVA, TDOC, INO...

What's moving these stocks in the pre-market hours today?

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FPRX Takes Flight On FIGHT Data, AGTC To Report XLRP Trial Results, PDSB To Advance COVID-19 Vaccine

Today's Daily Dose brings you news about Five Prime's encouraging results from its FIGHT trial of gastric or gastroesophageal junction cancer, PDS Biotech and Farmacore advancing their COVID-19 vaccine candidate into human clinical trials, and impressive third-quarter results of 1Life Healthcare.

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Ministers seek to stop 'back door’ foreign takeovers with new security bill

Government could halt acquisitions years after a deal was concluded under new legislation

Ministers are seeking sweeping powers to block takeovers by Chinese and other foreign companies on national security grounds as part of the biggest shake-up in the UK’s industrial intervention policy for nearly two decades.

A national security and investment bill is due to be published on Wednesday, which would also allow ministers to retrospectively halt acquisitions any time in the five years after the deal was concluded.

Related: UK security bill signals open door era for foreign takeovers is over

You can’t be neutral about a company involved in slave labour, or in significant intellectual property theft

Continue reading...

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Healthcare IPOs Of This Week

The following are the healthcare companies that are set for market debut this week.

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Viagogo offers UK regulator deal in StubHub merger bid

Ticket seller proposes keeping US and Canada but selling rest of StubHub’s resale business

The ticket resale website Viagogo has offered to sell StubHub’s businesses in the UK and outside North America, in an attempt to answer the concerns of Britain’s competition watchdog which provisionally blocked the $4bn (£3bn) tie-up between the two rivals.

Viagogo has put forward plans to sell StubHub’s holding company, which operates all of its international primary and secondary businesses, including its UK operations, along with its customer base. Under the proposals, Viagogo would retain StubHub’s much larger US and Canadian ticket resale business.

Related: Competition watchdog intervenes in Viagogo's $4bn takeover of StubHub

Continue reading...

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Stock Alert: Summit Wireless Technologies Jumps 40%

Shares of Summit Wireless Technologies, Inc. (WISA) are currently surging about 40% driven largely by third-quarter revenues and fourth-quarter revenue outlook.

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Stock Alert: Western Midstream Partners Climbs 14%

Shares of Western Midstream Partners, LP (WES) are rising more than 14 percent or $1.30 in Tuesday's morning trade at $10.39.

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UK national security and investment bill set for Commons reading

Sources say legislation could be published and presented to parliament this week

Ministers are close to publishing a long-awaited national security and investment bill, aiming to tighten the rules governing foreign investment across Britain’s critical infrastructure and parts of its defence industries.

The proposals emerge at a time of heightened political concern about Chinese ownership in key parts of the economy – while the coronavirus pandemic has also revealed dependencies on foreign suppliers for critical goods.

Continue reading...

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Futures Pointing To Mixed Open On Wall Street

The major U.S. index futures are currently pointing to a mixed open on Tuesday, suggesting stocks are likely to move in opposite directions in early trading.

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Spark Networks Boosts FY20 Revenue Outlook - Quick Facts

Dating company Spark Networks SE (LOV) on Tuesday raised its total revenue guidance for the full-year 2020 to a range of $230 million to $232 million from the prior guidance range of $224 million to $228 million.

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Lohxa Recalls Of Chlorhexidine Gluconate Oral Rinse USP

Lohxa LLC recalled certain lots of germicidal mouthwash Chlorhexidine Gluconate Oral Rinse USP, 0.12% due to potential microbial contamination, the U.S. Food and Drug Administration said in a statement. The pharmaceutical repackaging company is calling back five lots of Chlorhexidine Gluconate Oral Rinse USP, 0.12% alcohol free.

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D R Horton Guides FY21 Revenues Above View; Boosts Quarterly Dividend 14% - Quick Facts

While reporting financial results for the fourth quarter on Tuesday, home builder D R Horton Inc. (DHI) initiated revenue guidance for the full-year 2021 based on current market conditions.

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Deutsche Post DHL Q3 Profit Climbs, Confirms Earnings Forecast; Stock Dips

Deutsche Post DHL Group reported Tuesday higher profit in its third quarter as revenues were benefited mainly from the surge in global e-commerce activities. Further, the logistics company confirmed its recently raised 2020 EBIT guidance, as well as FY22 earnings view, and lifted free cash flow forecast. However, Deutsche Post shares were losing around 6 percent in German trade.

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Pre-market Movers In Healthcare Sector: ALT, AFMD, BNTX, PFE, AZN, SUPN.

What's moving these stocks in the pre-market hours today?

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ARNA Falls Short Of ADVICE, PFE's COVID-19 Vaccine Shows 90% Efficacy, SUPN Hit By Double Whammy

Today's Daily Dose brings you news about encouraging efficacy data about Pfizer/BioNTech's COVID-19 vaccine candidate, Calliditas' primary IgA nephropathy trial results, FDA refusing to approve Supernus' ADHD drug candidate, a possible delay in the FDA decision of Revance's DaxibotulinumtoxinA for frown lines, and Affimed's licensing agreement with Roivant Sciences.

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FDA Authorizes First Serology Test That Detects COVID-19 Neutralizing Antibodies

The U.S. Food and Drug Administration issued an emergency use authorization (EUA) for GenScript USA Inc.'s "cPass SARS-CoV-2 Neutralization Antibody Detection Kit" as the world's first serology test that detects neutralizing antibodies (NAbs) from recent or prior SARS-CoV-2 infection.

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Upbeat Coronavirus Vaccine News Driving Futures Sharply Higher

The major U.S. index futures are currently pointing to a sharply higher opening on Monday, with stocks likely to extend the rally seen last week.

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McDonald's Q3 Profit Rises, Tops View

McDonald's Corp. (MCD) reported a profit for the third-quarter that increased about 10 percent from last year, reflecting stronger operating performance in the U.S. due to higher sales-driven restaurant margins, partly offset by sales performance declines in the International Operated Markets and International Developmental Licensed Markets segments as a result of COVID-19.

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Black Knight Boosts FY20 Outlook - Quick Facts

While reporting financial results for the third quarter on Monday, Black Knight, Inc. (BKI), a provider of software, data and analytics solutions, raised its earnings and revenue guidance for the full-year 2020, following the closing of the Optimal Blue acquisition.

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Pfizer & BioNTech's COVID-19 Vaccine Candidate Shows Efficacy Rate Above 90% In Interim Analysis

Pfizer Inc. (PFE) and BioNTech SE (BNTX) said the first set of results from the phase 3 COVID-19 vaccine trial provides initial evidence of the vaccine's ability to prevent COVID-19. Following the news, shares of Pfizer were trading up more than 11 percent in pre-market.

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Allete Q3 Profit Rises, Results Beat Estimates - Quick Facts

Allete Inc. (ALE) reported Monday that its third-quarter net income rose to $40.7 million or $0.78 per share from $31.2 million or $0.60 per share in the year-ago period.

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Blucora Boosts FY20 Adj. EPS, Revenue Outlook - Quick Facts

While reporting financial results for the third quarter on Monday, financial technology company Blucora, Inc. (BCOR) raised adjusted earnings and revenue guidance for the full-year 2020.

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Tanimura & Antle Recalls Single Head Romaine Lettuce For E. Coli Concerns

Tanimura & Antle Inc. has recalled its packaged single head romaine lettuce, citing possible contamination with E. Coli 0157:H7. The recall, conducted in consultation with the U.S. Food and Drug Administration, involves Tanimura & Antle brand romaine lettuce labeled with a packed on date of October 15 and October 16.

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Acer October Revenues Up 43.2% - Quick Facts

Acer Inc. (ACID.L) reported Monday that its consolidated revenues for the month of October were NT$25.52 billion, up 43.2 percent year-on-year.

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Week Ahead In Pharma: FDA Decisions, SITC Presentations, 13D SEC Filing

During the week ended November 6, two healthcare stocks generated triple-digit gains - Aptevo Therapeutics Inc. (APVO) was up over 266% and Oncternal Therapeutics Inc. (ONCT ) returned more than 152%.Let's take a look at some of the stocks that merit attention in the week ahead.

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Stock Alert: Microchip Technology At New High As Results, Outlook Above Estimates

Shares of Microchip Technology Inc. (MCHP) are gaining more than 4 percent or $5.19 in Friday's morning trade at $123.57, after touching a new 52-week high of $123.93 as the company's second-quarter results beat analysts' estimates and it forecast third- quarter results also above their expectations.

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Stock Alert: Global Blood Therapeutics Tanks 35% On Quarterly Results

Shares of Global Blood Therapeutics, Inc. (GBT) tanked over 35% on Friday morning after third-quarter results missed the Street estimates.

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Stock Alert: Electronic Arts Falls 10%

Shares of Electronic Arts Inc. (EA) are tumbling more than 10 percent or $13.38 in Friday's morning trade at $114.95.

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Stock Alert: T-Mobile US Hits New 52-week High

Shares of T-Mobile US, Inc. (TMUS) are rising almost 8 percent or $9.04 in Friday's morning trade at $126.30, after touching a new 52-week high of $127.03.

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Continued Election Uncertainty May Lead To Pullback On Wall Street

The major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to give back ground after moving sharply higher over the past few sessions.

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E.W. Scripps Turns To Profit In Q3; Says On Track To Exceed FY20 Free Cash Flow Outlook

E.W. Scripps Co. (SSP) reported Friday that its net income for the third quarter was $58.52 million or $0.69 per share, compared to net loss of $21.93 million or $0.27 per share in the prior-year quarter.

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Mylan Q3 Profit Edges Down; Revenues Top View

Pharmaceutical company Mylan N.V., announcing what will be its final earnings update, reported Friday a profit for the third quarter that edged down 2 percent from last year, primarily due to higher income tax provisions. Total revenues for the quarter edged up and topped analysts' expectations.

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Elanco Animal Health Q3 Adj. Earnings Beat View, But Revenues Miss - Quick Facts

Elanco Animal Health Inc. (ELAN) reported Friday that its net loss for the third quarter was $135.0 million or $0.29 per share, compared to net income of $10.0 million or $0.03 per share in the year-ago period.

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CVS Health Boosts FY20 Outlook - Quick Facts

While reporting financial results for the third quarter on Friday, CVS Health Corp. (CVS) raised its earnings and adjusted earnings guidance for the full-year 2020.

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Allianz Stock Up On Q3 Net Profit Growth, While Operating Profit Down; Cancels Share Buyback

Shares of Allianz SE were gaining around 1 percent in German trade after the company reported Friday higher net profit in its third quarter, while operating profit declined with weak revenues. Citing the ongoing economic uncertainties related to the Covid-19 pandemic, the German insurance and asset management company decided to discontinue its previously suspended share buyback program 2020.

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Pre-market Movers In Healthcare Sector: RGLS, ASMB, GBT, ONCT.

What's moving these stocks in the pre-market hours today?

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HMS Holdings Maintains FY20 Revenue Outlook - Quick Facts

While reporting financial results for the third quarter on Friday, cost containment solutions provider HMS Holdings Corp. (HMSY) unchanged revenue outlook for the full year 2020.

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AES Reaffirms FY20 Adj. EPS Outlook - Quick Facts

While reporting financial results for the third quarter on Thursday, power company AES Corp. (AES) reaffirmed its adjusted earnings guidance for the full-year 2020.

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Honda Motor Q2 Operating Profit Rises; Increases FY21 Outlook - Quick Facts

Honda Motor Co., Ltd. (HMC) reported that its second quarter profit attributable to owners of the parent increased year-on-year to 240.9 billion yen from 196.5 billion yen. Earnings per share was 139.53 yen compared to 111.70 yen. Operating profit was 282.9 billion yen, a year-on-year increase of 28.5%. The company said the increase was due primarily to control of SG&A expenses and cost reduction efforts. This was despite a decrease in profit related to changes in sales revenue and model mix.

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PPL Energy Narrows FY20 Earnings Outlook - Quick Facts

While reporting its financial results for the third quarter on Thursday, PPL Energy Corp. (PPL) narrowed its outlook for fiscal 2020 earnings from ongoing operations to a range of $2.40 to $2.50 per share from the prior range of $2.40 to $2.60 per share.

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General Motors Q3 Profit Tops Estimates, Shares Surge

General Motors Co. (GM) said, during the third quarter, it delivered strong earnings and free cash flow, and maintained leading U.S. full-size truck and large SUV market share. The company said its sales in the U.S. and China are recovering faster than many people expected, and GM is benefiting from robust customer demand for new vehicles and services, especially the company's full-size pickups and SUVs.

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Laureate Education Updates FY20 Outlook To Reflect Discontinued Operations - Quick Facts

While reporting financial results for the third quarter on Thursday, Laureate Education, Inc. (LAUR) updated its full-year 2020 guidance due to the reclassification of various operations into Discontinued Operations.

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Parker Hannifin Boosts FY21 Outlook - Quick Facts

While reporting financial results for the first quarter of fiscal 2021 on Thursday, Parker Hannifin Corp. (PH) raised its earnings and adjusted earnings and organic sales growth guidance for the full-year 2021, based on its strong first quarter performance.

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Evergy Q3 Adj. Earnings Beat Estimates; Narrows FY20 Earnings Outlook - Quick Facts

Evergy Inc. (EVRG) on Thursday reported that its third-quarter attributable net income was $364.5 million or $1.60 per share, compared with earnings of $366.8 million or $1.56 per share for the year-ago quarter.

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Zoetis Boosts FY20 Outlook - Quick Facts

While reporting financial results for the third quarter on Thursday, animal health company Zoetis Inc. (ZTS) raised its earnings, adjusted earnings and revenue guidance for the full year 2020 to reflect strong performance over the past nine months.

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HanesBrands Guides Q4 Well Below Estimates - Quick Facts

While reporting financial results for the third quarter on Thursday, basic apparel maker HanesBrands, inc. (HBI) provided earnings, adjusted earnings and net sales guidance for the fourth quarter, well below analysts' expectations.

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AstraZeneca Q3 Profit Surges, Backs FY20 View; EU Approves Forxiga, Lynparza

British drug major AstraZeneca Plc. reported Thursday that its third-quarter profit more than doubled from last year, benefited by higher product sales mainly in Oncology. Looking ahead for fiscal 2020, the company maintained full-year guidance. In separate developments, the European Union has approved AstraZeneca's Forxiga (dapagliflozin) for the treatment of symptomatic chronic heart failure.

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Advanced Drainage Systems Q2 Profit Rises, But Misses View; Revenue Beats

Advanced Drainage Systems Inc. or ADS (WMS) reported Thursday that its net income available to common stockholders for the second quarter surged to $66.15 million or $0.93 per share from $6.03 million or $0.10 per share in the prior-year quarter.

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Cardinal Health Boosts FY21 Adj. EPS Outlook As Q2 Results Top View - Quick Facts

While reporting financial results for the first quarter of fiscal 2021 on Thursday, healthcare services company Cardinal Health, Inc. (CAH) raised its adjusted earnings guidance to a range of $5.65 to $5.95 from the prior range of $5.25 to $5.65 per share.

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Bio-Techne Q1 Profit Surges, Results Beat Estimates - Quick Facts

Life sciences company Bio-Techne Corp. (TECH) reported Thursday that its first-quarter net earnings surged to $33.40 million or $0.83 per share from $14.40 million or $0.37 per share in the prior-year quarter.

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Triumph Group Maintains FY21 Sales Outlook - Quick Facts

While reporting financial results for the second quarter on Thursday, Triumph Group, Inc. (TGI) maintained its net sales guidance for the full-year 2021. This is based on anticipated aircraft production rates and MRO demand, including the impacts of pending program exits and no additional extended shut-down of operations due to the pandemic.

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Becton, Dickinson And Co. Guides FY21 In Line With Estimates - Quick Facts

While reporting financial results for the fourth quarter and fiscal 2020 on Thursday, medical technology company Becton, Dickinson and Co. or BD (BDX) initiated its adjusted earnings and revenue growth outlook for fiscal 2021.

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Lamar Advertising Boosts FY20 Earnings Outlook - Quick Facts

While reporting financial results for the third quarter on Thursday, outdoor advertising company Lamar Advertising Co. (LAMR) raised its earnings and Adjusted Funds From Operations (AFFO) guidance for the full-year 2020 to reflect the expected recovery from the COVID-19 pandemic during the fourth quarter 2020.

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Pre-market Movers In Healthcare Sector: MITO, LPTX, NTEC, ABIO.

What's moving these stocks in the pre-market hours today?

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Lancashire Holdings 9-month Gross Premiums Written Up 14% - Quick Facts

Lancashire Holdings Limited (LRE.L), a provider of insurance and reinsurance products, reported Thursday that its gross premiums written for the nine-month period rose by 14 percent year on year to $658.7 million, reflecting increases in both premium rates and new business volumes.

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Tate & Lyle H1 Pre-tax Profit Down 4% - Quick Facts

Tate & Lyle Plc. (TATE.L, TATYY.PK), a provider of ingredients and solutions to the food and beverages industries, reported Thursday that its first-half profit before tax declined 4 percent to 157 million pounds from 164 million pounds last year. However, earnings per share were 28.4 pence, up 2 percent form 27.8 pence last year.

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Derwent London Says Office Rent Collection For September Quarter Day Rises To 89%

Derwent London plc (DLN.L), a London-focused real estate investment trust or REIT, said Thursday that office rent collection for the September quarter day increased to 89 percent from 83 percent when last reported on 13 October 2020. Total portfolio rent collection for the same period increased to 86 percent from 80 percent.

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Siemens Gamesa Posts Loss In FY20; Revenue Down 7% - Quick Facts

Spanish wind turbine manufacturer Siemens Gamesa Renewable Energy, S.A. (GCTAF.PK) reported Thursday that its net loss for fiscal year 2020 was 918 million euros.

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Munich Re Q3 Profit Plunges - Quick Facts

Munich Re (0KFE.L), a provider of reinsurance, primary insurance and insurance-related risk solutions, reported Thursday that its third-quarter profit plunged to 199 million euros from 865 million euros last year.

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ArcelorMittal Q3 Net Loss Narrows - Quick Facts

ArcelorMittal (MT) on Thursday recorded that its third-quarter net loss attributable to equity holders of the parent was $261 million or $0.21 loss per share, narrower than net loss of $539 million or $0.53 per share in the previous-year quarter.

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Stratec 9-month Adj. Profit Up 49.2%; Sees FY20 Sales Growth At High End Of Range

Stratec SE (SBSG), a manufacturer of automated analyzer systems, reported Thursday that its adjusted consolidated net income from continuing operations for the first nine months of 2020 grew 49.2 percent to 23.8 million euros from 15.9 million euros in the prior-year period. Adjusted earnings per basic share from continuing operations were 1.97 euros, compared to 1.33 euros in the previous year.

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BIIB Faces FDA Panel Tomorrow, CRSP Climbs On Hemoglobinopathies Trial Data, SAVA On Watch

Today's Daily Dose brings you news about FDA's briefing information related to Biogen's Alzheimer's drug candidate ahead of the panel vote, CRISPR/Vertex Pharma's early data from their two ongoing phase I/II clinical trials of CTX001 in severe hemoglobinopathies, and Cassava's additional data from its phase IIb study with Alzheimer's drug candidate Sumifilam.

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Lack Of 'Blue Wave' May Lead To Strength On Wall Street

The major U.S. index futures are pointing to a higher open on Wednesday, with stocks poised to extend the rally seen in the previous session.

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Performance Food Group Q1 Results Top Estimates

Performance Food Group Co. reported Wednesday results for the first quarter that surpassed analysts' expectations, influenced by the acquisition of Reinhart Foodservice. While the company reported a loss for the quarter particularly due to a drop in operating profit and increased interest expense,  it exhibited double-digit growth in net sales.

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Clean Harbors Raises FY20 Adj. EBITDA Outlook - Quick Facts

While reporting its financial results for the third quarter on Wednesday, Clean Harbors Inc. (CLH, CLHB) raised its fiscal 2020 outlook ranges for adjusted EBITDA and adjusted free cash flow.

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Astec Industries Q3 Adj. Profit, Revenue Beat Estimates - Quick Facts

Astec Industries, Inc. (ASTE) on Wednesday reported that its net income for the third quarter fell to $1.6 million or $0.07 per share from $3.0 million or $0.13 per share in the year-ago period.

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Wendy's Q3 Adj. Profit Beats View, But Revenues Miss; Hikes Dividend - Quick Facts

Wendy's Co. (WEN) on Wednesday reported third-quarter net income of $39.8 million or $0.17 per share, down from $46.1 million or $0.20 per share in the year-ago period.

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BMW Q3 Profit, Deliveries Rise; Backs Cautious FY20 View

German luxury car maker BMW AG Wednesday reported higher profit and deliveries in its third quarter, while revenues were weak. Looking ahead for fiscal 2020, the company continues to project significantly lower Group profit before tax. BMW shares were losing around 1 percent in German trade.

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Haemonetics Q2 Results Top Estimates - Quick Facts

Healthcare company Haemonetics Corp. (HAE) reported Tuesday that net income for the second quarter grew to $48.10 million or $0.94 per share from $37.49 million or $0.72 per share in the prior-year quarter. Excluding items, adjusted earnings were $0.62 per share, compared to last year's $0.87 per share.

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Pre-market Movers In Healthcare Sector: DRAD, SUPN, ARGX, AZN, APVO.

What's moving these stocks in the pre-market hours today?

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Nostrum Labs Recalls Diabetes Drug Metformin

Nostrum Laboratories, Inc. has recalled type 2 diabetes drug Metformin as N-Nitrosodimethylamine or NDMA, a probable human carcinogen, exceeds acceptable daily intake or ADI limit established by the U.S. Food and Drug Administration. The recall involves 2 lots each of Metformin HCl Extended Release tablets USP 750 mg and 500 mg to the consumer level.

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Stock Alert: GW Pharmaceuticals Climbs 10% On Narrower Q3 Loss

Shares of GW Pharmaceuticals plc (GWPH, GWP.L) are rising 10 percent or $8.92 in Tuesday's morning trade at $98.21 after the UK-based biopharmaceutical company reported a narrower loss for the third quarter on strong revenue growth.

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Stock Alert: SolarEdge Technologies Down 20% On Sales Outlook

Shares of SolarEdge Technologies, Inc. (SEDG) slumped over 20% on Tuesday morning. Monday, after the bell, the company issued a fourth-quarter outlook, which is below current estimates.

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Insight Enterprises Reinitiates FY20 Adj. EPS Outlook Above Estimates - Quick Facts

While reporting financial results for the third quarter on Tuesday, Insight Enterprises, Inc. (NSIT) reinitiated its adjusted earnings and net sales growth for the full year 2020.

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Optimism About Clear Election Results May Generate Buying Interest

The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to add to the gains posted in the previous session.

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Emerson Guides FY20 In Line With Estimates - Quick Facts

While reporting financial results for the fourth quarter on Tuesday, Emerson Electric Co. (EMR) initiated its earnings and sales growth guidance for the full-year 2021, in line with analysts' expectations.

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Zebra Technologies Sees Q4 Adj. Earnings Above Estimates - Quick Facts

While reporting its financial results for the third quarter on Tuesday, Zebra Technologies Corp. (ZBRA) said it expects fourth-quarter adjusted earnings in a range of $3.70 to $3.90 per share, and adjusted net sales to increase 3 percent to 7 percent from the year-ago quarter.

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WEC Energy Raises FY20 Earnings Outlook - Quick Facts

While reporting its financial results for the third quarter on Tuesday, WEC Energy Group, Inc. (WEC) said it is narrowing and raising its earnings outlook for fiscal 2020 to a range of $3.74 to $3.76 per share, with an expectation of reaching the top end of the range. The company's previous full-year outlook was in the range of $3.71 to $3.75 per share.

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Humana Boosts FY20 Outlook As Q3 Results Top Estimates

Health insurer Humana Inc. reported Tuesday that profit for the third quarter nearly doubled from last year, driven by higher revenues. Both adjusted earnings and quarterly revenues topped analysts' expectations. The company also raised its guidance for the full-year 2020.

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EnPro Industries Q3 Loss Widens - Quick Facts

EnPro Industries Inc. (NPO) reported Tuesday that its net loss for the third quarter widened to $19.7 million or $0.96 per share from net loss of $1.5 million or $0.08 per share in the year-ago period.

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Gartner Boosts FY20 Outlook - Quick Facts

While reporting financial results for the third quarter on Tuesday, research and advisory company Gartner, Inc. (IT) raised its adjusted earnings and revenue guidance for the full-year 2020.

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Pre-market Movers In Healthcare Sector: DBVT, ACOR, ANPC, AGRX, CATB.

What's moving these stocks in the pre-market hours today?

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AUPH's Dry Eye Syndrome Study Fails, KPTI's SEAL Study Hits Goal, REGN Halts Rare Bone Disease Trial

Today's Daily Dose brings you news about Aurinia's disappointing results from its dry eye syndrome trial, CureVac's encouraging data from phase I study of COVID-19 vaccine candidate, Jounce discontinuing enrollment in NSCLC trial, Karyopharm's promising results from SEAL study, Regeneron pausing fibrodysplasia ossificans progressive trial on reports of deaths, and Santhera trimming its workforce.

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Stock Alert: Turtle Beach Up 6%

Shares of Turtle Beach Corp. (HEAR) are gaining over 6% on Monday morning despite no stock-related news to drive the shares. The US equity markets are gaining currently as investors are positive about the U.S. election and a Federal Reserve meeting this week.

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Stock Alert: Marathon Petroleum Rises 5% On Narrower Than Estimated Q3 Loss

Shares of Marathon Petroleum Corp. (MPC) are gaining more than 5 percent or $1.59 in Monday's morning trade at $31.09 after the company's adjusted loss for the quarter came in narrower than analysts' expectations.

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Stock Alert: Lumber Liquidators Climbs 13% As Quarterly Results Beat Estimates

Shares of Lumber Liquidators Holdings, Inc. (LL) are rising almost 13 percent or $2.80 in Monday's morning trade at $24.92 after the specialty retailer of hard-surface flooring reported third-quarter results that surpassed analysts' expectations.

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Stock Alert: Daseke Up 5%

Shares of Daseke, Inc. (DSKE) are gaining over 5% on Monday morning as the company continues its momentum from Friday after reporting its results.

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Stock Alert: Camping World Up 14% On Upbeat Results, Outlook

Shares of Camping World Holdings Inc. (CWH) are climbing more than 14 percent or $3.80 in Monday's morning trade at $30.24 after the retailer of recreational vehicles reported results for the third quarter that beat analysts' estimates as well as on increased outlook.

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Futures Pointing To Initial Weakness On Wall Street

The major U.S. index futures are currently pointing to a higher opening on Monday, with stocks likely to move back to the upside following the pullback seen in the previous session.

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Endurance International To Be Acquired By Clearlake Capital In $3 Bln Deal, Including Debt

Endurance International Group Holdings, Inc. (EIGI), a provider of cloud-based platform solutions for small and medium-sized businesses, said Monday it has agreed to be acquired by affiliates of private equity firm Clearlake Capital Group L.P. in an all-cash transaction valued at about $3.0 billion, including debt.

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Immunic Enrolls 200 Patients In Phase 2 CALVID-1 Trial Of IMU-838 - Quick Facts

Immunic, Inc. (IMUX), said Monday it has enrolled and randomized 200 patients, pre-specified in the protocol as sufficient to perform the main efficacy analysis of the phase 2 part of the CALVID-1 trial, for its selective oral DHODH inhibitor, IMU-838, in hospitalized patients with moderate coronavirus or COVID-19.

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Superior Industries Turns To Profit In Q3 - Quick Facts

Superior Industries International Inc. (SUP), a light vehicle aluminium wheel supplier, on Monday reported net income for the third quarter of $11 million or $0.12 per share, compared to net loss of $6.6 million or $0.57 per share in the prior-year period.

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FirstEnergy Affirms FY20 Adj. EPS Outlook - Quick Facts

While reporting financial results for the third quarter on Monday, electric utility FirstEnergy Corp. (FE) affirmed its operating earnings guidance for the full-year 2020.

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NiSource Reiterates FY21 Net Operating Earnings Outlook - Quick Facts

While reporting its financial results for the third quarter on Monday, NiSource Inc. (NI) reaffirmed its outlook for 2020 capital investment of $1.7 billion to $1.8 billion, and 2021 adjusted net operating earnings in a range of $1.28 to $1.36 per share.

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Clorox Boosts FY20 Outlook - Quick Facts

While reporting financial results for the first quarter on Monday, Clorox Co. (CLX) raised its earnings, sales and organic sales growth guidance for the full-year 2020, reflecting assumptions for stronger sales performance.

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Regis Q1 Loss Widens, Results Miss Estimates - Quick Facts

Hair care company Regis Corp. (RGS) reported Monday a net loss for the first quarter that widened to $35.27 million or $0.98 per share from $13.81 million or $0.38 per share in the prior-year quarter.

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Leidos Holdings Boosts FY20 Adj. EPS Outlook - Quick Facts

While reporting financial results for the third quarter on Monday, science and technology company Leidos Holdings Inc. (LDOS) raised its adjusted earnings guidance for the full-year 2020, while tightening its annual revenue outlook range.

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Pre-market Movers In Healthcare Sector: DBVT, BLRX, VTVT, SRNE, EQ...

What's moving these stocks in the pre-market hours today?

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Will Eiger's Zokinvy Make History To Become First-ever Progeria Treatment?

Shares of Eiger BioPharmaceuticals Inc. (EIGR) are down 44 percent from their 52-week high of $15.82, recorded on December 26, 2019, and trade around $8.00.

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Homestead Creamery Recalls Glass Bottled Products

Homestead Creamery has recalled glass bottled products citing a suspected issue with the bottle sanitizing process, according to the U.S. Food and Drug Administration. The recall involves around 21 products that includes Creamline Whole Milk, Homogenized Whole Milk, Chocolate and other milks, Heavy Cream, Buttermilk, Lemonade, Eggnog and Old Fashioned Custard products, among others.

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Most tickets on Viagogo and Stubhub sold by 'professional resellers'

Watchdog’s look into secondary ticketing shows biggest 10% of resellers make up between 80% and 100% of sales

The vast majority of tickets for events on resale sites Viagogo and StubHub are advertised by “professional resellers” including touts seeking to make money from ordinary fans, according to new evidence that sheds light on the secretive “secondary ticketing” industry.

Data revealing the influence wielded by touts emerged as part of the competition watchdog’s investigation into Viagogo’s $4bn (£3bn) takeover of StubHub.

Related: Competition watchdog intervenes in Viagogo's $4bn takeover of StubHub

Continue reading...

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Week Ahead In Pharma: COVID-19 Data Readout, FDA Decisions, CTAD Presentation

In the healthcare sector, two stocks recorded triple-digit gains in the past week - Scholar Rock Holding Corp.(SRRK) with 175% and Miragen Therapeutics Inc. (MGEN) with 167%. Let's take a look at some of the pharma/biotech stocks that merit attention in the coming week.

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Stock Alert: NuVasive Down 7%

Shares of NuVasive, Inc. (NUVA), a developer of minimally disruptive surgical products for spine surgery, are declining more than 7 percent or $3.51 in Friday's morning trade at $45.76 despite its third-quarter results beating analysts' estimates.

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Stock Alert: Acadia Healthcare Up 20% On Quarterly Results, Outlook

Shares of Acadia Healthcare Company, Inc. (ACHC) are jumping over 20% on Friday morning after the company reported third-quarter results that trumped Wall Street estimates and issued a fourth-quarter outlook, which is above current expectations.

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Stock Alert: Seagen Tumbles 9%

Shares of Seagen Inc. (SGEN) are losing more than 9 percent or $17.43 in Friday's morning trade at $174.91 despite the biotechnology company's third-quarter results beating analysts' estimates.

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Stock Alert: Trupanion Jumps 13%

Shares of Trupanion Inc. (TRUP) are gaining over 13% on Friday morning after its third-quarter revenues trumped Wall Street estimates. Trupanion also announced a distribution agreement with Aflac Inc. (AFL).

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Shaw Communications Q4 Profit Rises, Results Beat Estimates - Quick Facts

Shaw Communications Inc. (SJR) on Friday reported an increase in net income for the fourth quarter to C$175 million or C$0.34 per share from C$166 million or C$0.32 per share in the year-ago period.

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Exxon Mobil Q3 Results Above Estimates, To Cut 2021 Capital Program; Chevron Reports Adj. Profit

Exxon Mobil Corp. (XOM), one of the world's largest publicly traded energy providers and chemical manufacturers, reported third quarter results which came in better than analysts' projections. Exxon Mobil said it is on track to exceed reduction targets for 2020 capital and cash expenses; with further reductions anticipated in 2021. Separately, Chevron, the human energy company, reported third quarter results which were down from a year ago, primarily due to lower commodity prices and margins resulting from the impact of COVID-19.

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Negative Reaction To Earnings News May Weigh On Wall Street

The major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to move back to the downside following the rebound seen in the previous session.

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American Axle & Manufacturing Turns To Profit In Q3, Beats Estimates

Automotive supplier American Axle & Manufacturing Holdings Inc. or AAM (AXL) on Friday reported that its net income for the third quarter was $117.2 million or $0.99 per share, compared to net loss of $124.2 million or $1.10 per share in the year-ago quarter.

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Ligand Pharma Reiterates FY20, FY21 Outlook - Quick Facts

While reporting financial results for the third quarter on Friday, biopharmaceutical company Ligand Pharmaceuticals Inc. (LGND) reiterated its adjusted earnings and revenue guidance for the full-year 2020.

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First BanCorp Q3 Profit Declines, Misses Estimates - Quick Facts

First BanCorp. (FBP), the bank holding company for FirstBank Puerto Rico, on Friday reported net income for the third quarter of $28.6 million or $0.13 per share, down from $45.7 million or $0.21 per share in the year-ago period.

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AbbVie Raises FY20 Adj. EPS Outlook; Boosts Dividend 10.2% - Quick Facts

While reporting financial results for the third quarter on Friday, biopharmaceutical company AbbVie Inc. (ABBV) raised its adjusted earnings guidance for the full-year 2020.

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FLIR Systems Reinitiates And Boosts FY20 Adj. EPS Outlook - Quick Facts

While reporting financial results for the third quarter on Friday, industrial technology company FLIR Systems, Inc. (FLIR) reinitiated its adjusted earnings and revenue guidance for the full-year 2020, based on our year-to-date performance and updated expectations for the remainder or the year.

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W.P. Carey Reinstates FY20 AFFO Outlook - Quick Facts

While reporting its financial results for the third quarter on Friday, W.P. Carey Inc. (WPC) said it has reinstated its guidance for fiscal 2020, and expects to report total adjusted funds from operations or AFFO of between $4.65 and $4.75 per share, including Real Estate AFFO of between $4.51 and $4.61 per share.

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Public Service Enterprise Boosts FY20 Operating Earnings Outlook - Quick Facts

While reporting financial results for the first quarter on Thursday, Public Service Enterprise Group, Inc. (PEG) raised its full-year 2020 guidance for operating earnings to reflect strong cost control at PSEG Power and overall results through the first three quarters of the year.

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Altria Raises FY20 Adj. EPS Outlook - Quick Facts

While reporting its financial results for the third quarter on Friday, Altria Group, Inc. (MO) raised its adjusted earnings guidance for the fu-year 2020, based on year-to-date performance and insight into an additional quarter of ABI earnings contributions.

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Colgate-Palmolive Reinitiates FY20 Outlook; Q3 Results Top View - Quick Facts

While reporting financial results for the third quarter on Friday, Colgate-Palmolive Co. (CL) reinitiated its earnings and sales growth guidance for the full-year 2020.

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L3Harris Technologies Boosts FY20 Earnings Outlook - Quick Facts

While reporting financial results for the third quarter on Friday, aerospace and defense technology firm L3Harris Technologies, Inc. (LHX) raised its earnings and adjusted earnings guidance for the full-year 2020, while maintaining annual revenue outlook at the mid-point of the previous guidance range.

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Honeywell Reinstates FY20 Outlook Above Estimates - Quick Facts

While reporting financial results for the third quarter on Friday, technology company Honeywell international Inc. (HON) reinstated its earnings, adjusted earnings and sales guidance for the full-year 2020. It also provided financial outlook for the fourth quarter.

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Pre-market Movers In Healthcare Sector: MGEN, EQ, SNSS, IPHA, BLCM, AXGT.

What's moving these stocks in the pre-market hours today?

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Fortis Q3 Profit Declines; Adj. EPS Misses View - Quick Facts

Electric and gas utility Fortis Inc. (FTS, FTS.TO) reported third quarter net earnings attributable to common equity shareholders of C$292 million, up from C$278 million in the prior-year quarter.

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Lear Reinitiates FY20 Sales Outlook In Line With Estimates - Quick Facts

While reporting financial results for the third quarter on Friday, automotive technology firm Lear Corp. (LEA) reinstated financial outlook for the full-year 2020.

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This Day That Year: RAPT Therapeutics (RAPT)

Shares of RAPT Therapeutics Inc. (RAPT) are down nearly 42 percent from their 52-week high of $51.21, recorded in January of this year, and trade around $29.

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AXGT's Parkinson's Gene Therapy Trial To Be Delayed, BLCM To Trim Workforce, MRNA On Watch

Today's Daily Dose brings you news about Axovant's update on its EXPLORE-PD study of AXO-Lenti-PD gene therapy in Parkinson's disease, disappointing data from Bellicum's pancreatic cancer trial, vTv Therapeutics' progress in Elevage study, and the near-term catalysts related to Moderna's COVID-19 vaccine candidate.

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Group 1 Automotive Q3 Profit More Than Triples; Results Beat View

Group 1 Automotive Inc. (GPI), an automotive retailer, on Thursday reported third-quarter net income of $121.9 million or $6.83 per share, up sharply from $36.7 million or $2.04 per share in the year-ago period.

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Brink's Reinstates FY20 Outlook Well Above Estimates; Shares Up 18% - Quick Facts

While reporting financial results for the third quarter on Thursday, The Brink's Co. (BCO) reinstated its earnings and revenue guidance for the full-year 2020, well above analysts' estimates.

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Allegheny Technologies Says Expects Q4 Results To Be Negatively Impacted By COVID-19

While reporting its financial results for the third quarter on Thursday, Allegheny Technologies Inc. (ATI) said it expects its fourth-quarter results to be negatively affected by the ongoing pandemic, including the impact on commercial aerospace, the company's largest end-market.

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Charles River Labs Boosts FY20 Outlook - Quick Facts

While reporting financial results for the third quarter on Thursday, Charles River Laboratories International, Inc. (CRL) raised its earnings, adjusted earnings and revenue growth guidance for the full-year 2020, due to the better-than-expected third quarter performance.

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Comcast Q3 Profit Declines 37%, But Results Top Estimates

Comcast Corp. on Thursday reported a 37 percent decline in profit for the third quarter from last year, hurt primarily by revenue decline at NBCUniversal. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also declared a quarterly dividend. In the pre-market trade, CMCSA is trading at $42.83, up $0.85 or 2.02 percent.

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LVMH agrees $15.8bn takeover of Tiffany

Discount of $425m ends acrimonious battle over luxury sector’s biggest-ever deal

France’s LVMH will pay slightly less to buy the US jeweller Tiffany & Co after the two firms agreed to end a bitter dispute triggered by the Covid-19 pandemic and salvage the luxury sector’s biggest-ever deal.

The new takeover price was set at $131.5 (£101.6) a share, down from $135 in the original deal, the companies said on Thursday, bringing the total price tag to about $15.8bn.

LVMH, or Moët Hennessy Louis Vuitton, is the world’s biggest luxury goods group and is owned and run by Bernard Arnault, Europe’s richest man. Here are its main brands.

Related: Luxury player: why Bernard Arnault is making a blockbuster bid for Tiffany’s

Continue reading...

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Brunswick Guides FY20, FY21 Adj. EPS Above Estimates - Quick Facts

While reporting financial results for the third quarter on Thursday, Brunswick Corp. (BC) provided adjusted earnings guidance range for the full-year 2020. It also provided revenue growth guidance for the fourth quarter and initiated outlook for the full-year 2021.

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Myers Industries Boosts FY20 Revenue Growth Outlook - Quick Facts

While reporting financial results for the third quarter on Thursday, polymer products maker Myers Industries, Inc. (MYE) said it now expects total revenue for the full-year 2020 to decline in the low-to-mid single digits, which is a slight improvement from its previous guidance of a decline in the mid-to-high single digit range.

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M.D.C Holdings Promotes COO David Mandarich To CEO; Boosts Dividend 33% - Quick Facts

While reporting financial results for the third quarter on Thursday, M.D.C Holdings Inc. (MDC) announced a number of promotions and changes with the Company's senior management team. The company also raised its quarterly cash dividend 33 percent year-over-year.

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Regeneron Says Its Covid-19 Outpatient Therapy Could Reduce Virus Levels

Regeneron announced positive results from its late stage COVID-19 outpatient trial, indicating that its antibody cocktail therapy significantly reduced virus levels and need for further medical attention. The trial results showed that investigational antibody cocktail, REGN-COV2, met the primary and key secondary endpoints.

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Pre-market Movers In Healthcare Sector: VSTM, APM, KALA, BNTX, CGIX...

What's moving these stocks in the pre-market hours today?

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DuPont Reinstates FY20 Adj. EPS Outlook Above View - Quick Facts

While reporting financial results for the third quarter on Thursday, DuPont (DD) reinstated its adjusted earnings and net sales guidance for the full year 2020.

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United Microelectronics Q3 Profit Soars - Quick Facts

Semiconductor foundry United Microelectronics Corp. (UMC) reported Thursday third-quarter net income attributable to stockholders of the parent that soared to NT$9.11 billion or US$313 million, from NT$2.93 billion or US$101 million last year.

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Advantest H1 Profit Down 8.5%; Raises FY Outlook - Quick Facts

Advantest Corp. (ATE), a Japan-based manufacturer of automatic test equipment for the semiconductor industry, reported Thursday that its first-half net income attributable to owners of the parent declined 8.5 percent to 24.49 billion yen from 26.77 billion yen in the year-ago period. Earnings per share were 122.97 yen, down from 134.77 yen a year ago.

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NTT Docomo H1 Profit Up 5.1%; Affirms FY Outlook - Quick Facts

NTT Docomo, Inc. (DCM) reported Thursday that its first-half profit attributable to shareholders rose 5.1 percent to 391.30 billion yen from last year's 372.35 billion yen. Basic earnings per share were 121.20 yen, up from 112.33 yen in the year-ago period.

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EVRAZ Q3 Crude Steel Production Down 4.4% QoQ - Quick Facts

EVRAZ plc (EVR.L) reported Thursday that its third-quarter consolidated crude steel output decreased by 4.4 percent from the preceding second quarter, mainly due to the planned shutdown of blast furnace number 5 and the launch of blast furnace number 6 after the completion of a major overhaul at EVRAZ NTMK.

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KAZ Minerals Q3 Copper Production Declines - Quick Facts

Copper producer KAZ Minerals Plc (KAZ.L), formerly Kazakhmys PLC, reported Thursday that its copper production in the third quarter decreased to 76.2 kt from 78.9 kt in the preceding second quarter. Copper production also declined from 82.9 kt in the year-ago period.

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Smith+Nephew Q3 Revenue Down 3.7% - Quick Facts

Medical technology business Smith+Nephew Plc (SN.L, SNN) reported Thursday that its third-quarter revenue declined 3.7 percent on a reported basis and 4.2 percent on an underlying basis, to $1.20 billion.

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BT Group H1 Pre-tax Profit Down 20%; Lifts Low End Of FY Adj. EBITDA Outlook Range

Telecom company BT Group plc (BT_A.L, BT) reported Thursday that its first-half profit before tax was 1.06 billion pounds, down 20 percent from 1.33 billion pounds in the year-ago period.

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Kuka Q3 EBIT Down 78.7%; Sees Negative EBIT Margin For FY - Quick Facts

Kuka AG (KUKAY.PK, KUKAF.PK) reported Thursday that its third-quarter earnings before interest and taxes or EBIT plunged 78.7 percent to 7.6 million euros from 35.6 million euros in the year-ago period, while the EBIT margin dropped to 1.1 percent from 4.3 percent lat year.

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Orange Q3 Revenue Rises; Affirms FY20 Outlook - Quick Facts

French telecommunications operator Orange Group (ORAN) said Thursday that it returned to revenue growth in the third quarter despite the impact of the COVID-19 crisis.

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Fresenius Q3 Profit Down 4%; Affirms FY20 Outlook - Quick Facts

Fresenius SE (FSNUF.PK, FSNPF.PK) reported Thursday that its net income attributable to shareholders for the third quarter declined 4 percent to 427 million euros from 444 million euros in the year-ago period. Earnings per ordinary share decreased to 0.77 euros from 0.80 euros in the prior-year quarter.

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Nokia Q3 Profit Surges, But Revenue Declines; Adjusts FY Outlook - Quick Facts

Nokia Corp. (NOK) on Thursday reported that its profit for the third quarter surged to 203 million euros or 0.04 euros per share from 87 million euros or 0.01 euros per share in the previous-year quarter.

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Stock Alert: Community Health Systems Climbs 28% As Q3 Results Beat Estimates

Shares of Community Health Systems, Inc. (CYH), an operator of general acute care hospitals, are gaining more than 28 percent or $1.24 in Wednesday's morning trade at $5.63.

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Stock Alert: Mastercard Tumbles 7% As Q3 Results Miss Estimates

Shares of Mastercard Inc. (MA) are losing almost 7 percent or $21.51 in Wednesday's morning trade at $295.60 after the company's third-quarter results missed analysts' expectations.

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Standard Motor Products Q3 Profit Surges; Reinstates Dividend - Quick Facts

Standard Motor Products, Inc. (SMP), an automotive replacement parts manufacturer and distributor, reported Wednesday that its net income for the third quarter rose to $28.63 million or $1.26 per share from $14.75 million or $0.65 per share in the year-ago period.

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M/I Homes Q3 Profit Surges, Results Beat View - Quick Facts

M/I Homes, Inc. (MHO), a builder of single-family homes, on Wednesday reported a surge in third-quarter net income to $73.54 million or $2.51 per share from $37.84 million or $1.32 per share in the year-ago period.

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Astellas Pharma: FDA Grants Fast Track Designation For ASP5354 - Quick Facts

Japan-based Astellas Pharma Inc. (ALPMY) said Wednesday that the U.S. Food and Drug Administration or FDA has granted Fast Track designation for the development of ASP5354, based on non-clinical and clinical data.

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Jump In Coronavirus Cases May Lead To Sell-Off On Wall Street

The major U.S. index futures are pointing to a sharply lower open on Wednesday following the mixed performance seen in the previous session.

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Applied Industrial Guides Q2 Sales; Declares Dividend - Quick Facts

While reporting financial results for the first quarter of fiscal 2021 on Wednesday, Applied Industrial Technologies Inc. (AIT) provided sales growth guidance for the second quarter, based on mid-teen organic sales declines month to date in October and assuming sales trend in line with normal seasonal patterns for the remainder of the quarter.

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Deutsche Bank Posts Profit In Q3; On Track To Meet View; Stock Up

Shares of Deutsche Bank AG were gaining around 3 percent in German trading after the banking major reported Wednesday a profit in its third quarter, compared to prior year's loss mainly driven by strong Investment Bank revenues. Looking ahead, the bank said it remains on track to meet all financial and strategic targets related to its transformation plan.

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MarineMax Guides FY21 EPS Well Above Estimates - Quick Facts

While reporting financial results for the fourth quarter and fiscal 2020 on Wednesday, recreational boat and yacht retailer MarineMax Inc. (HZO) provided earnings guidance for the full-year 2021.

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Belden Turns To Profit In Q3 - Quick Facts

Belden Inc. (BDC), a supplier of specialty networking solutions, on Wednesday reported attributable net income for the third quarter of $17.00 million or $0.38 per share, compared to net loss of $297.98 million or $6.70 per share in the year-ago period.

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Silicon Labs Guides Q4 Revenues Above Estimates - Quick Facts

While reporting financial results for the third quarter on Wednesday, Silicon Laboratories Inc. (SLAB) provided earnings and revenue guidance for the fourth quarter.

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Brinker International Guides Q1 Adj. EPS In Line With Estimates - Quick Facts

While reporting financial results for the first quarter of fiscal 2021 on Wednesday, casual dining restaurant owner Brinker International, Inc. (EAT) provided guidance for the second quarter of fiscal 2021. However, the company refrained from its usual practice of providing an annual outlook and continued with the quarterly outlook.

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Dynatrace Raises FY21 Outlook - Quick Facts

While reporting financial results for the second quarter on Wednesday, software intelligence provider Dynatrace, Inc. (DT) raised its adjusted earnings and revenue guidance for the full-year 2021 and provided outlook for the third quarter.

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Pre-market Movers In Healthcare Sector: SRRK, SELB, NVIV, NVCN, BNTX.

What's moving these stocks in the pre-market hours today?

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Anthem Backs FY20 Adj. EPS Outlook - Quick Facts

While reporting financial results for the third quarter on Wednesday, Anthem Inc. (ANTM) maintained its adjusted earnings guidance for the full-year 2020.

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Bunge Boosts FY20 Outlook - Quick Facts

While reporting financial results for the third quarter on Wednesday, agribusiness and food company Bunge Ltd. (BG) raised its adjusted earnings guidance for the full year 2020 to a range of $6.25 to $6.75 per share, based on the strong results in the third quarter and improving market trends.

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AUPH Initiates VOCOVID Trial, KALA Gets FDA Nod, NVAX Expands COVID-19 Vaccine Study Size In UK

Today's Daily Dose brings you news about Aurinia initiating a trial of its lead candidate Voclosporin in kidney transplant recipients with COVID-19, Exact Sciences' Q3 financial results, FDA approval of Kala Pharma's EYSUVIS 0.25% for dry eye disease, update on Novavax's COVID-19 vaccine trials, and Scholar Rock's spinal muscular atrophy trial results.

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Incredible Fish Recalls Stone Crab Mustard Sauce

Incredible Fish, Inc. has recalled a small quantity of Incredible Stone Crab Mustard Sauce citing undeclared milk, fish, and eggs allergens, the U.S. Food and Drug Administration announced. The Miami-based wholesale seafood distributor sold the recalled product to a limited number of consumers between October 15 and October 22, 2020, primarily through the company's website.

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Stock Alert: Varonis Systems Shares Surge 12% In Premarket

Shares of Varonis Systems Inc. (VRNS) are surging over 12% in pre-market today, after the company issued upbeat Q4 guidance, while reporting better-than-expected Q3 results. The stock has been trading in the range of $48.95 - $130.91 for the past one year, and is currently trading at $137.40, up $14.97 or 12.23% in the pre-market session Tuesday.

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Stock Alert: Harley-Davidson Shares Up 9% In Early Trade

Shares of Harley-Davidson Inc. (HOG) are rising over 9% in pre-market today, after the company reported better-than-expected Q3 results. The stock has been trading in the range of $14.31 - $40.86 for the past one year, and is currently trading at $31.73, up $2.74 or 9.45% in the pre-market session Tuesday.

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Franklin Resources Q4 Profit Falls, Revenue Rises - Quick Facts

Franklin Resources, Inc. (BEN) on Tuesday reported preliminary net income for the fourth quarter of $78.9 million or $0.15 per share, down sharply from $306.4 million or $0.61 per share in the year-ago period.

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Lincoln Electric Q2 Results Top Estimates; Boosts Dividend 4.1% - Quick Facts

Lincoln Electric Holdings, Inc. (LECO) reported Tuesday that net income for the third quarter declined to $58.5 million or $0.97 per share from $72.5 million or $1.17 per share in the prior-year quarter.

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Bargain Hunting May Lead To Initial Strength On Wall Street

The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to regain ground following the sharp drop seen in the previous session.

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S&P Global Raises FY20 Adj. Earnings Outlook - Quick Facts

While reporting its financial results for the third quarter on Tuesday, S&P Global (SPGI) lowered its outlook for fiscal 2020 reported earnings to a range of $10.00 to $10.15 per share, from the prior range of $10.25 to $10.45 per share. The company noted that the outlook does not reflect potential future impairment charges relating to the new productivity program that are not quantifiable at this time.

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Sherwin-Williams Raises FY20 Outlook - Quick Facts

While reporting financial results for the third quarter on Tuesday, paint and coating manufacturer Sherwin-Williams Co. (SHW) raised its earnings and sales growth guidance for the full-year 2020.

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MakeMyTrip Q2 Loss Narrows, But Revenue Falls - Quick Facts

MakeMyTrip Ltd. (MMYT), an India-based online travel company, on Tuesday reported second-quarter loss attributable to owners of the company of $21.05 million or $0.20 per share, narrower than loss of $36.93 million or $0.35 per share in the year-ago period.

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