Market Quotes

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Alexander's Shares Plunge as NYC Lease Expirations Hit Profits

Shares of Alexander’s Inc. tumbled on Monday after the real estate investment trust reported a sharp decline in fourth-quarter earnings and revenue. The sell-off follows a significant drop in funds from operations, driven largely by the loss of major tenants in the New York City retail market.

Fresh Del Monte Wins Court Approval for $285 Million Asset Buyout

Fresh Del Monte has secured U.S. Bankruptcy Court approval to acquire the primary assets of Del Monte Foods for $285 million. The transaction follows the seller's bankruptcy filing in July and effectively consolidates the iconic brand’s global rights under a single entity.

Bombardier Strengthens U.S. Support Network with Velocity Acquisition

Bombardier has acquired Velocity Maintenance Solutions, a specialized maintenance, repair, and overhaul (MRO) provider, to accelerate the expansion of its global services business. The transaction adds significant infrastructure and mobile capabilities to the Canadian manufacturer’s existing support network.

Pagaya Tech Shares Tumble 20% on Soft Guidance and Revenue Miss

Pagaya Technologies shares plummeted in premarket trading on Monday after the fintech firm issued a first-quarter outlook that trailed Wall Street estimates and reported fourth-quarter revenue at the low end of its own projections. Despite swinging to a quarterly profit, the company’s conservative growth forecast for the year ahead triggered a sharp sell-off, leaving the stock trading at $14.90 before the opening bell.

Jack Henry Boosts Quarterly Dividend as Fintech Yield Hits 1.41%

Jack Henry & Associates on Monday announced a 5.2% increase to its quarterly cash dividend, raising the payout to 61 cents per share. The Monett, Missouri-based fintech provider confirmed the new distribution will be payable in late March to shareholders of record earlier that month.

Workday Co-Founder Aneel Bhusri Returns as CEO for AI Push

Workday has reappointed co-founder Aneel Bhusri as chief executive, replacing Carl Eschenbach as the company pivots its long-term strategy toward artificial intelligence. Bhusri, who previously led the firm during its formative growth years, resumes the top role as Eschenbach transitions into a strategic advisory position.

Transocean to Acquire Valaris for $5.8 Billion in All-Stock Deal

Transocean has reached an agreement to acquire rival Valaris in an all-stock transaction valued at $5.8 billion, creating a dominant offshore drilling powerhouse with a fleet of 73 rigs. The merger, announced Monday, signals a major strategic consolidation as the industry prepares for a projected multi-year recovery in global deepwater exploration.

BP Braces for Profit Dip as Analysts Weigh Buyback Suspension

BP is scheduled to release its fourth-quarter results on Tuesday, with analysts forecasting an underlying replacement-cost profit of $1.55 billion. The report comes at a pivotal moment for the energy major as it navigates a leadership transition and a potential pivot in its capital allocation strategy.

Becton Dickinson Beats Q1 Estimates on Interventional Tech Growth

Becton Dickinson (BD) delivered a stronger-than-expected start to its fiscal year, posting first-quarter earnings and revenue that surpassed Wall Street projections. Driven by robust demand in its interventional and connected care units, the medical technology giant reported significant bottom-line growth even as it prepares for a major structural separation of its biosciences and diagnostics divisions.

Waters Forecasts 2026 Growth as Pharmaceutical Demand Lifts Revenue

Waters, the analytical laboratory instrument manufacturer, projected sustained momentum through 2026 following a fourth-quarter performance that exceeded analyst expectations on both the top and bottom lines. Driven by robust demand in the pharmaceutical and industrial sectors, the company anticipates full-year revenue for 2026 to reach as high as $6.46 billion.

Dynatrace Shares Surge as Software Maker Raises Full-Year Outlook

Dynatrace shares climbed nearly 9% in premarket trading on Monday after the observability software provider exceeded third-quarter expectations and raised its full-year financial guidance. The company’s robust performance, coupled with a new $1 billion share buyback authorization, provided a much-needed lift for a stock that has struggled to gain momentum throughout the year.

Aimia to Divest Giovanni Bozzetto Stake in C$271 Million Deal

Aimia, the Toronto-based investment holding company, has reached an agreement to sell its interest in specialty chemicals firm Giovanni Bozzetto to One Equity Partners. The deal, valued at up to C$271 million ($198.1 million), marks a significant milestone in the firm's broader strategy to refocus its portfolio and unlock shareholder value.

Maersk Orders Eight Dual-Fuel Container Ships to Bolster Fleet

A.P. Moller-Maersk has finalized an order for eight large container vessels with China’s New Times Shipbuilding, a strategic move aimed at modernizing its fleet with flexible, dual-fuel technology. The Danish shipping giant confirmed the deal as part of its ongoing fleet renewal program, with deliveries scheduled to begin in 2029.

Kering Braces for Profit Slump as Gucci Struggle Weighs on 2025 Outlook

French luxury titan Kering is expected to report a significant contraction in annual revenue and profit this Tuesday, as its flagship brand, Gucci, continues to navigate a difficult and costly strategic turnaround. Analysts polled by FactSet project the group will post full-year revenue of 14.69 billion euros, a sharp decline from the 17.19 billion euros recorded the previous year, reflecting broader volatility in the high-end retail sector.

Pop Mart Shares Rally as Global Expansion Offsets Fading Labubu Hype

Shares of Pop Mart International climbed as much as 8.6% on Monday, closing 5.8% higher at HK$257.20 as investors look beyond the viral success of its Labubu character toward broader international growth. The rally outpaced the benchmark Hang Seng Index’s 1.8% gain, signaling renewed confidence in the Chinese toy maker’s ability to diversify its intellectual property and scale its presence in Western markets.

Takaichi Victory Ignites Rally in Japanese Defense Stocks

Japanese defense contractors surged on Monday after Prime Minister Sanae Takaichi led the Liberal Democratic Party to a parliamentary supermajority, clearing the path for a significant expansion in military spending and national security investment.

Takaichi Secures Mandate for Two-Year Japan Consumption Tax Cut

Prime Minister Sanae Takaichi has reaffirmed her commitment to suspending Japan’s national consumption tax on food and beverages following a landslide election victory. The move, aimed at easing the cost of living, comes despite warnings from the Ministry of Finance regarding a significant revenue shortfall and potential market instability.

Koike Sanso Kogyo Nine-Month Profit Drops to ¥1.86 Billion

Tokyo-based industrial equipment manufacturer Koike Sanso Kogyo Co. Ltd. reported a sharp decline in its nine-month earnings, with net profit falling to ¥1.86 billion as both revenue and operating margins contracted through the end of December.

Global Markets Rally as Investors Await Pivotal U.S. Economic Data

Global equities trended upward on Thursday as U.S. stock futures and European markets gained ground, while investors shifted their focus toward upcoming American economic indicators. The Stoxx Europe 600 rose 0.5% in morning trading, buoyed by strong performances in the healthcare and logistics sectors, even as energy prices retreated.

Takara Leben Net Profit Surges to ¥1.19 Billion Despite Revenue Dip

Tokyo-based developer Takara Leben Co. Ltd. saw its net profit soar to ¥1.19 billion for the nine months ended December 31, 2024, a massive leap from the ¥81 million recorded in the previous year. The results, released under Japanese accounting standards, show the company significantly improved its bottom line even as total revenue experienced a year-on-year decline.