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Nov 19, 2024
Medtronic narrows annual earnings forecast, raises organic revenue growth outlook
Medtronic (NYSE:MDT) narrowed its annual earnings forecast for the fiscal 2025 year but raised the organic revenue growth outlook. The company’s shares rose nearly 1% in...
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Nov 19, 2024
Drone maker AeroVironment to buy BlueHalo in $4.1 billion deal
(Reuters) -Drone maker AeroVironment (NASDAQ:AVAV) will acquire privately held space and defense engineering company BlueHalo in an all-stock deal valued at about $4.1 billion,...
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Nov 19, 2024
Lowe's raises annual same-store sales forecast as storm recovery boosts demand
By Savyata Mishra (Reuters) -Home improvement retailer Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday, banking on a boost to its...
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Nov 19, 2024
Medtronic earnings beat by $0.01, revenue topped estimates
- Medtronic (NYSE: MDT) reported second quarter EPS of $1.26, $0.01 better than the analyst estimate of $1.25. Revenue for the quarter came in at $8.4B versus the...
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Nov 19, 2024
US, UK equities upgraded at UBS, Europe downgraded
UBS upgraded US and UK stock markets, while downgrading Europe, the firm revealed in a Tuesday note.  The bank lifted UK equities to Overweight, a move based on...
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Nov 19, 2024
Europe space industry needs consolidation, Airbus CEO says
BRUSSELS (Reuters) - The chief executive of Airbus said on Tuesday that Europe's space industry needs to restructure and consolidate in the face of private U.S. competition and...
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Nov 19, 2024
Morgan Stanley courts employees of near-IPO companies for wealth management
By Tatiana Bautzer NEW YORK (Reuters) - Morgan Stanley (NYSE:MS) is looking to add employees of startup companies as wealth management clients as U.S. investment banks prepare...
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Nov 19, 2024
Bank of England consults on post-Brexit market infrastructure rules
LONDON (Reuters) - The Bank of England said on Tuesday it was launching a consultation on proposed, post-Brexit rules for clearing houses, payment system operators and other...
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Nov 19, 2024
Lowe's tops earnings, revenue estimates
 Lowe's Companies, Inc. reported third-quarter earnings that surpassed analyst expectations, but its stock slipped 1.8% despite the company raising its full-year...
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Nov 19, 2024
Allot earnings beat by $0.06, revenue topped estimates
- Allot (NASDAQ: ALLT) reported third quarter EPS of $0.030, $0.06 better than the analyst estimate of $-0.030. Revenue for the quarter came in at $23.2M versus the...
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