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Stanley Black & Decker lowers annual profit forecast on higher production costs
Reuters· 2025-11-04 12:26
Core Viewpoint - Stanley Black & Decker has lowered its annual profit forecast due to increased production costs, resulting in a nearly 4% decline in its shares during premarket trading [1] Company Summary - The company has adjusted its profit outlook for the year, indicating challenges in managing production expenses [1] - The reduction in profit forecast has led to a negative market reaction, as evidenced by the drop in share price [1] Industry Summary - The news highlights the impact of rising production costs on companies within the power tools sector, suggesting potential challenges for other players in the industry [1]
Henry Schein lifts annual forecast on strong dental, medical equipment sales
Reuters· 2025-11-04 12:23
Medical equipment distributor Henry Schein raised its annual profit forecast after beating Wall Street estimates for third-quarter results on Tuesday, driven by strong sales in its dental and medical ... ...
Canada's Shopify forecasts upbeat holiday-quarter revenue
Reuters· 2025-11-04 12:11
Core Insights - Shopify projected strong fourth-quarter revenue growth, indicating resilient demand as retailers prepare for the holiday shopping season [1] Company Summary - Shopify is experiencing robust demand, which is reflected in its revenue growth projections for the upcoming fourth quarter [1] Industry Summary - The e-commerce sector is gearing up for the critical holiday shopping season, with companies like Shopify signaling positive trends in consumer spending [1]
Bunge in talks to buy stake in Brazil's Kepler Weber, O Globo reports
Reuters· 2025-11-04 12:10
Core Viewpoint - Bunge is negotiating to acquire a stake in Brazilian silo manufacturer Kepler Weber, which is currently owned by asset manager Trigono Capital [1] Company Summary - Bunge is actively pursuing an investment opportunity in Kepler Weber, indicating a strategic interest in expanding its operations in the agricultural sector [1] - Kepler Weber is recognized as a significant player in the silo manufacturing industry in Brazil, which may enhance Bunge's capabilities in grain storage and handling [1] Industry Summary - The discussions between Bunge and Trigono Capital highlight ongoing consolidation trends within the agricultural equipment sector, particularly in Brazil [1] - The potential acquisition reflects the growing demand for efficient grain storage solutions in the context of increasing agricultural production [1]
Waters Corp raises annual profit forecast on stronger lab equipment demand
Reuters· 2025-11-04 12:10
Lab equipment maker Waters Corp raised its annual profit forecast on Tuesday, after beating third-quarter profit estimates on improved demand from biotech clients for its tools used in drug developmen... ...
Merck and Blackstone enter research agreement to develop cancer therapy for $700 million
Reuters· 2025-11-04 12:00
Merck said on Tuesday that it has entered into an agreement to receive funds managed by Blackstone Life Sciences for $700 million to develop an experimental cancer therapy. ...
Uber forecasts strong holiday-quarter bookings on membership boost
Reuters· 2025-11-04 11:58
Uber Technologies on Tuesday forecast fourth-quarter gross bookings above expectations as its membership program drives up demand for both rides and deliveries heading into the holiday season. ...
Harley-Davidson's third-quarter profit rises
Reuters· 2025-11-04 11:57
Harley-Davidson reported a higher third-quarter profit on Tuesday, helped by cost-saving measures and strong margins from its custom touring models. ...
Thomson Reuters third-quarter revenue rises, reaffirms 2025 guidance
Reuters· 2025-11-04 11:55
Thomson Reuters reported higher third-quarter revenue on Tuesday, boosted by investments in artificial intelligence products in its legal and tax and accounting divisions. ...
Deutsche Telekom partners with NVIDIA for AI cloud for Q1 2026
Reuters· 2025-11-04 11:54
Germany's Deutsche Telekom said on Tuesday it is launching an industrial AI cloud with NVIDIA in a 1 billion euro ($1.17 billion) partnership that will go live in the first quarter of 2026. ...