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Latest News Releases From The Newsroom

Acuity Brands Posts Mixed Results; Sanofi, Teva Ink Anti-TL1A Therapy Deal

October 04th, 2023

Acuity Brands, Inc. (NYSE: AYI) posted fourth-quarter fiscal 2023 earnings of $3.97 per share, surpassing the consensus EPS estimate of $3.72. Quarterly sales for the company totaled $1.01 billion, slightly below analysts' revenue projections of $1.0. Read more

Fluor, LyondellBasell, and DT Midstream: Bullish Views

October 04th, 2023

UBS upgraded Fluor Corporation (NYSE: FLR), a leading engineering and construction company, from Neutral to Buy and raised the price target from $35 to $47 With $FLR closing at $34.62 on Tuesday, the new price target implies a potential upside of . Read more

Brooge Energy Becomes Takeover Target; A10 Networks Sees Below-Consensus Revenue

October 03rd, 2023

Shares of Brooge Energy Ltd. (Nasdaq: BROG) surged by more than 20% in after-hours trading as Gulf Navigation Holdings PJSC (GULFNAV), a Dubai-based maritime and shipping company, submitted a formal proposal to fully acquire all of Brooge Energy Limi. Read more

ALX Oncology's Evorpacept Data Sparks Momentum; McCormick Q3 Sales Miss

October 03rd, 2023

Shares of ALX Oncology Holdings Inc. (Nasdaq: ALXO) surged by more than 100% in pre-market trading after the company unveiled positive interim Phase 2 data from the ASPEN-06 clinical trial evaluating its CD47 blocking therapeutic evorpacept in combin. Read more

Momentum Builds for ALX Oncology and Delta Apparel

October 03rd, 2023

Shares of ALX Oncology Holdings Inc. (Nasdaq: ALXO) surged by more than 20% in after-hours trading following the announcement that it will unveil interim Phase 2 ASPEN-06 clinical trial results of evorpacept, aimed at treating advanced HER2-positive . Read more

Lockheed Martin, Boeing, and Northrop Grumman: Defense Contracts Wins

October 02nd, 2023

Lockheed Martin Rotary and Mission Systems, a business segment of Lockheed Martin Corporation (NYSE: LMT), has been granted a $10,854,384 cost-plus-fixed-fee modification to a previously awarded contract for Extra Large Unmanned Undersea Vehicle engi. Read more

Market Buzz: CDI Trial Outcome Fuels Acurx Pharmaceuticals

October 02nd, 2023

Shares of Acurx Pharmaceuticals, Inc. (Nasdaq: ACXP) surged by more than 20% in pre-market trading following the company's decision to discontinue its Phase 2b clinical trial of ibezapolstat, its lead antibiotic candidate, designed for the treatment . Read more

Bullish Views for Nextracker and Sunnova Energy

October 02nd, 2023

UBS has initiated coverage on Nextracker Inc. (Nasdaq: NXT), a notable player in the energy technology sector, with a Buy rating and a price target of $50. Closing at $40.16 on Friday, this price target suggests a substantial potential upside of $. Read more

Earnings Countdown: Lamb Weston, Conagra Brands, and Levi Strauss in Focus

October 01st, 2023

Some companies scheduled to disclose their financial results on Thursday, October 5, are: Lamb Weston Holdings, Inc. (NYSE: LW), a key player in the food industry, will release its fiscal first-quarter 2024 financial results before the market open. Read more

September Vehicle Delivery: Li Auto, XPeng, and NIO By The Numbers

October 01st, 2023

Li Auto Inc. (Nasdaq: LI) achieved a significant milestone with 36,060 vehicle deliveries in September 2023, marking a 212.7% year-over-year increase. The company's Q3 deliveries totaled 105,108, up by 296.3% compared to the previous year. In 2023, L. Read more