Gerdau (GGB) shares were down over 2% in Thursday trading after BofA downgraded the stock to neutral from buy.
Trading volume stood at more than 13.0 million shares, compared with a daily average of roughly 15.9 million.
Price: $4.36, Change: $-0.11, Percent Change: -2.35%
Yojee (ASX:YOJ) completed its Mosaic Everest Founding Partner group, with all four positions now signed following Mosaic's commercial launch, bringing total customer agreements on the freight forwarding and customs platform to 12, according to a Thursday Australian bourse filing.The company said the 12 agreements comprise four Everest Founding Partners on 36-month founder terms, three Ignition Partners on two-year founder terms, three standard customers, and two early-adopter agreements, with revenue under all agreements usage-based and recognized progressively as onboarding is completed.The company said revenue under the contracts is not considered material at this stage given the usage-based structure and early stage of onboarding.The company's shares fell 4% in recent Thursday trade.
(Updates to add stock movement in the headline and the fourth paragraph)Zip Co (ASX:ZIP) logged AU$0.0916 in underlying earnings per basic share for the fiscal 2026, compared with AU$0.0386 a year ago, a Thursday filing showed.For the 12 months ended June 30, revenue was AU$1.34 billion versus AU$1.07 billion previously, the Australia-listed digital financial services company added.The company expects fiscal 2027 group revenue margin of about 8% and group cash earnings before taxes, depreciation, and amortization of AU$340 million.Its shares surged 12% in recent trading on Thursday.
Nordson (NDSN) reported fiscal Q3 non-GAAP net income late Wednesday of $3.25 per diluted share, up from $2.73 a year earlier.Analysts polled by FactSet expected $3.09.Revenue for the quarter ended July 31 was $817.7 million, up from $741.5 million a year earlier.Analysts expected $779.5 million.For fiscal 2026, the company raised its adjusted EPS guidance to $11.80 to $12.00 from the previous range of $11.30 to $11.80.Revenue projection for the fiscal year was also increased to $3.035 billion to $3.075 billion from $2.93 billion to $3.01 billion previously.Analysts expect EPS of $11.60 on revenue of $2.98 billion.Shares rose around 4% in after-hours trading.