Shares of packaging manufacturer Ball (NYSE:BLL) fell 7.7% in the afternoon session after the company reported weak fourth-quarter results, with its revenue falling below Wall Street's expectations. Weak demand in North and Central America dragged down volumes and prices. Still, its earnings per share beat expectations. Zooming out, we think this quarter was mixed yet weaker quarter.
Why Xylem (XYL) Stock Is Up Today
Shares of water technology company Xylem (NYSE:XYL) jumped 7.2% in the morning session after the company reported impressive fourth-quarter results, which blew past analysts' organic revenue and EPS estimates. The results were buoyed by strong execution and demand. On the other hand, its full-year revenue and EPS guidance missed. Overall, this was a mixed yet decent quarter.
Why Atkore (ATKR) Stock Is Trading Lower Today
Shares of electrical safety company Atkore (NYSE:ATKR) fell 19.3% in the afternoon session after the company reported weak fourth quarter results. Its full-year EBITDA guidance missed significantly, and its revenue fell short of Wall Street's estimates as both prices and volumes weakened. On the other hand, it was encouraging to see Atkore beat analysts' EPS expectations this quarter. Overall, this was a weaker quarter.
Estée Lauder (EL) Stock Trades Down, Here Is Why
Shares of beauty products company Estée Lauder (NYSE:EL) fell 18.2% in the morning session after the company reported underwhelming fourth-quarter results. Its EBITDA missed significantly, and its EPS guidance for next quarter fell short of Wall Street's estimates. On the other hand, Estée Lauder blew past analysts' EPS expectations this quarter. While revenue also beat analysts' estimates, sales declined year on year. The company unveiled "Beauty Reimagined," a plan to boost sales and profits b
Illumina (ILMN) Stock Trades Down, Here Is Why
Shares of genomics company Illumina (NASDAQ:ILMN) fell 6.3% in the afternoon session after China put the company on its "unreliable entity" list, opening the door to possible sanctions. The move came after the Trump administration slapped a 10% tariff on Chinese goods. Financial filings in 2024 revealed that Illumina makes about 7% of its sales from China, and it's unclear whether China's action is a short-term reaction or one with longer consequences.
White House crypto czar to share strategic priorities for industry
David Sacks, the country's first AI and crypto czar, will outline the Trump administration's plans for the sector.
Vaccine, packaged food stocks fall as Kennedy moves closer to health secretary job
The vote by the U.S. Senate Finance Committee paves the way for the full Senate to vote to confirm him as secretary of the U.S. Department of Health and Human Services as soon as this week. Kennedy, who has faced opposition from health groups and Democrats, has long sown doubts about the safety and efficacy of vaccines that have helped curb disease and prevent deaths for decades.
Top Stock Movers Now: Palantir, Super Micro Computer, Merck, and More
U.S. equities rose at midday, lifted by tech shares that sent the Nasdaq more than 1% higher.
Blockchain Firm Neptune Digital Assets Adds DOGE to Its Bitcoin Accumulation Strategy
The publicly traded company plans on accumulating other cryptocurrencies through its Sygnum credit line..
Fed ends two regulatory punishments imposed on Wells Fargo in 2011
WASHINGTON (Reuters) -The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but said the bank's asset cap remained in place. The enforcement actions were related to deficient practices in mortgage servicing and foreclosures by the bank, and mortgage lending at a former subsidiary. The Fed said the asset cap it imposed is not affected by the move.