Healthcare services provider BrightSpring Health Services (NASDAQ:BTSG) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 28.6% year on year to $3.05 billion. The company expects the full year’s revenue to be around $11.85 billion, close to analysts’ estimates. Its non-GAAP profit of $0.22 per share was in line with analysts’ consensus estimates.
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(Bloomberg) -- The recent rout in the S&P 500 driven by anxiety over US tariffs’ impact on the economy is finally giving one group its chance to shine.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowHow Sanctuary Cities Are Fighting Trump, AgainLow-volatility stocks are outperforming the
(Bloomberg) -- Kuwaiti stocks are outpacing their Gulf peers this year, with banks driving a rally built on optimism that long-delayed economic reforms are gaining traction.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowHow Sanctuary Cities Are Fighting Trump, AgainThe Boursa Kuwait Prem
Over the last six months, QuidelOrtho’s shares have sunk to $40.10, producing a disappointing 7.7% loss - a stark contrast to the S&P 500’s 7.1% gain. This was partly due to its softer quarterly results and might have investors contemplating their next move.
Mueller Water Products has had an impressive run over the past six months as its shares have beaten the S&P 500 by 22.7%. The stock now trades at $25.11, marking a 29.7% gain. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
Flowserve trades at $50.84 and has moved in lockstep with the market. Its shares have returned 11.7% over the last six months while the S&P 500 has gained 7%.
Over the past six months, Labcorp has been a great trade, beating the S&P 500 by 6.9%. Its stock price has climbed to $255.01, representing a healthy 13.9% increase. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
MILAN (Reuters) -European automakers' shares jumped on Thursday after U.S. President Donald Trump gave carmakers a one-month reprieve from his punishing 25% tariffs on Canada and Mexico, with Chrysler-to-Fiat maker Stellantis pledging more American-made cars. Stellantis, whose shares popped 1.5%, thanked Trump for the tariff pause, and pledged to help the U.S. president's America First aim of building more cars in the United States.