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Update: BJ's Wholesale Shares Fall as Fiscal Q1 Adjusted Earnings Decline

(Updates with stock move in headline and first paragraph.)BJ's Wholesale Club shares fell more than 6% in Friday morning trading after fiscal Q1 adjusted earnings declined year over year, even as revenue rose and results beat analysts' estimates.The company reported fiscal Q1 adjusted earnings earlier Friday of $1.10 per diluted share, down from $1.14 a year earlier. Analysts polled by FactSet expected $1.03.Revenue for the quarter ended May 2 was $5.66 billion, up from $5.15 billion a year earlier. Analysts surveyed by FactSet expected $5.44 billion.For fiscal 2026, the company continues to expect adjusted EPS of $4.40 to $4.60. Analysts polled by FactSet expect $4.51.Price: $87.44, Change: $-7.00, Percent Change: -7.41%

$BJ

Wire41d ago

Mastercard Asks Brazil's Payment Processors to Help Pay for Banco Master Failure, Bloomberg Reports

$MA

Wire41d ago

Agios Gets EU Approval for Pyrukynd in Thalassemia

Agios Pharmaceuticals (AGIO) said Friday the European Commission granted marketing authorization for Pyrukynd to treat adults with anemia associated with transfusion-dependent and non-transfusion-dependent alpha- or beta-thalassemia.The oral therapy received orphan medicinal product designation in the European Union.The approval was based on results from the two phase 3 clinical trials evaluating the medicine in adults with thalassemia, Agios said.The company added that its partner, Avanzanite Bioscience, will continue to commercialize and distribute Pyrukynd across Europe.Price: $28.58, Change: $-0.21, Percent Change: -0.73%

$AGIO

Wire41d ago

Baird Adjusts Agilent Technologies Price Target to $156 From $155, Maintains Outperform Rating

Agilent Technologies (A) has an average rating of overweight and mean price target of $161.21, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $115.35, Change: $+0.56, Percent Change: +0.49%

Wire41d ago

Tigress Financial Cuts Monday.com Price Target to $165 From $310, Maintains Buy Rating

Monday.com (MNDY) has an average rating of overweight and mean price target of $105.65, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $78.88, Change: $+2.62, Percent Change: +3.44%

$MNDY

Wire41d ago

Update: Frontline Shares Fall After Q1 Adjusted Earnings Miss Estimates

(Updates with share movement in the headline and first paragraph)Frontline (FRO) shares were down 2.3% in Friday trading after the company reported Q1 adjusted earnings below analyst expectations.The company reported Q1 adjusted earnings Friday of $1.55 per diluted share, up from $0.18 a year earlier.Analysts polled by FactSet expected $1.65.Total revenue and other operating income for the quarter ended March 31 were $929.3 million, up from $428.1 million a year ago.Analysts surveyed by FactSet expected $579.6 million.Price: $37.56, Change: $-0.90, Percent Change: -2.34%

$FRO

Wire41d ago

BofA Securities Cuts Price Target on Walmart to $144 From $150, Maintains Buy Rating

Walmart (WMT) has an average rating of overweight and mean price target of $140.37, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $119.99, Change: $-1.36, Percent Change: -1.12%

$WMT

Wire41d ago

DA Davidson Adjusts Workday Price Target to $135 From $125, Maintains Neutral Rating

Workday (WDAY) has an average rating of overweight and mean price target of $176.78, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $127.25, Change: $+5.40, Percent Change: +4.43%

$WDAY

Wire41d ago

Barclays Adjusts Price Target on Ross Stores to $260 From $242, Maintains Overweight Rating

Ross Stores (ROST) has an average rating of overweight and mean price target of $260.06, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $232.73, Change: $+15.54, Percent Change: +7.16%

$ROST

Wire41d ago

Barclays Adjusts Price Target on Deckers Outdoor to $141 From $143, Maintains Overweight Rating

Deckers Outdoor (DECK) has an average rating of overweight and mean price target of $127.11, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $102.99, Change: $+0.45, Percent Change: +0.44%

$DECK

Wire41d ago

Micron Technology Expanding Memory Chip Production in Virginia

Micron Technology (MU) said Friday it has started production of more advanced computer memory chips at its fab in Manassas, Virginia.The expansion project targets sectors like automotive, defense and aerospace, industrial, networking and medical devices, the company said.Micron said the over $2 billion investment in the expansion of the Manassas fab will back more than 3,100 jobs and is supported by federal and state incentives.Price: $755.16, Change: $-6.94, Percent Change: -0.91%

$MU

Wire41d ago

Update: Market Chatter: KKR-Backed OHB and KNDS Mull Changes to Share Sale Timeline Amid SpaceX IPO

(Updates with OHB's response in the last paragraph.)KKR-backed (KKR) space company OHB and weapons manufacturer KNDS are considering moving their planned share sales to avoid a clash with SpaceX's (SPCX) initial public offering in the United States, Bloomberg reported Friday, citing people familiar with the matter.Both OHB and KNDS had plans to commence their offerings on June 12, the same day as the highly anticipated SpaceX IPO, the report said.The report stated that any potential delays in the share sales will be short.OHB declined to comment, while KNDS did not immediately respond to requests from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $95.30, Change: $+0.54, Percent Change: +0.57%

$KKR$SPCX

Wire41d ago

Futu Receives Investigation Notice, $271 Million Proposed Fine From Chinese Regulators -- Shares Drop

Futu Holdings (FUTU) said Friday that it has received an investigation notice and a preliminary administrative penalty warning from the China Securities Regulatory Commission regarding the online brokerage's mainland operations.The regulatory agency claims certain Futu entities have conducted unauthorized securities, public fund sales, and futures businesses without obtaining the required licenses, the company said.Authorities have proposed ordering the cessation of these activities along with a fine of 1.85 billion Chinese Renminbi ($271 million) for Futu and a 1.25 million Renminbi personal penalty for Futu's chief executive officer Li Hua, the company said.Shares of Futu were down 28% in recent Friday trading.Price: $87.35, Change: $-36.51, Percent Change: -29.48%

$FUTU

Wire41d ago

Market Chatter: Microsoft Defends Data Visualization Product by Blocking Databricks Feature

Microsoft (MSFT) blocked a new feature created by Databricks, a longtime partner, that makes it easier for its customers to connect information on its platform to Microsoft's Power BI, which provides companies with data visualizations of their operations, The Information reported Friday, citing two Databricks salespeople and consultants who work with customers.Microsoft blocked the feature weeks after Databricks began testing it in early March, which caused the reports that customers had built with it to immediately stop working, the salespeople and consultants reportedly said.The new feature made it easier for Power BI customers to manage their data and build AI agents in Databricks than through a competing data management offering from Microsoft, called Fabric, the report said, citing the salespeople.Microsoft did not immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $421.16, Change: $+2.07, Percent Change: +0.49%

$MSFT

Wire41d ago

BJ's Wholesale Club to Open New Locations in Kentucky, Florida, Indiana

BJ's Wholesale Club (BJ) plans to open new locations in Kentucky, Florida and Indiana, the company said Friday.The expansion will increase BJ's Florida footprint to 46 clubs and also expand its presence in the Kentucky and Indiana markets, the company said.BJ's Wholesale Club said it plans to open 12 new clubs in fiscal 2026, including four locations in the Dallas-Fort Worth area in Texas.The retailer is targeting 25 to 30 new clubs every two years as part of its growth strategy, it said.Price: $87.41, Change: $-7.09, Percent Change: -7.50%

$BJ

Wire41d ago

Pattern Wins US Patent for Incremental Ad Performance Technology

Pattern Group (PTRN) has been granted US Patent covering its proprietary methodology for calculating "True ROAS," a metric designed to measure incremental return on ad spend across digital marketplaces, the company said Friday.The patented system improves ad performance analysis by combining short- and long-term factors with experimental and non-experimental data to more precisely measure product-level advertising impact, the company said.Shares of Pattern were up 1.4% in recent Friday trading.Price: $17.86, Change: $+0.25, Percent Change: +1.39%

$PTRN

Wire41d ago

Merck's Keytruda, Padcev Combination to Treat Bladder Cancer Receives Positive EU Recommendation; Shares Up Pre-Bell

Merck (MRK) said Friday the European Medicines Agency's Committee for Medicinal Products for Human Use has recommended the approval of Keytruda, in combination with Padcev, to treat a type of bladder cancer.The pharmaceutical company said the treatment is preoperative, which then continues after radical cystectomy as supportive treatment for adults with resectable muscle-invasive bladder cancer. The treatment is indicated for patients who are ineligible for cisplatin-containing chemotherapy.Shares of Merck were up more than 3% pre-bell.Price: $119.50, Change: $+3.62, Percent Change: +3.12%

$MRK

Wire41d ago

Update: Take-Two Interactive Software Shares Rise After Posting Better-Than-Expected Fiscal Q4 Results

(Update to include the stock movement in the headline and first paragraph, and details about the Grand Theft Auto VI launch in the eighth paragraph.)Take-Two Interactive Software (TTWO) shares rose more than 5% in premarket Friday trading after fiscal Q4 results beat analysts' estimates.The company reported fiscal Q4 loss late Thursday of $0.32 per diluted share, narrowing from a loss of $21.08 a year earlier.Analysts polled by FactSet expected a loss of $0.57.Revenue for the quarter ended March 31 rose to $1.68 billion from $1.58 billion a year earlier.Analysts surveyed by FactSet expected $1.55 billion.The company set fiscal Q1 loss guidance of $0.23 to $0.15 per diluted share and revenue guidance of $1.45 billion to $1.50 billion. Analysts expect a loss of $0.40 and revenue of $1.48 billion.The company set full-year fiscal 2027 earnings guidance of $0.55 to $0.75 per diluted share and revenue of $7.90 billion to $8.10 billion. Analysts expect EPS of $2.43 and revenue of $9.13 billion.The company said it expects record operating performance in fiscal 2027, driven by the Nov. 19 launch of Grand Theft Auto VI and continued portfolio execution.Price: $251.62, Change: $+13.54, Percent Change: +5.69%

$TTWO

Wire42d ago

Zoom Communications Fiscal Q1 Adjusted Earnings, Revenue Rise; Shares Gain After Hours

Zoom Communications (ZM) reported fiscal Q1 adjusted diluted earnings late Thursday of $1.55 a share, up from $1.43 a year earlier.Analysts polled by FactSet expected $1.42.Revenue in the three months ended April 30 rose to $1.24 billion from $1.17 billion a year earlier.Analysts surveyed by FactSet expected $1.22 billion.The company expects fiscal Q2 non-GAAP diluted EPS of $1.45 to $1.47 on revenue of $1.265 billion to $1.27 billion. Analysts expect EPS of $1.49 on revenue of $1.266 billion.Zoom expects full-year non-GAAP diluted EPS of $5.96 to $6 on revenue of $5.08 billion to $5.09 billion, up from the prior outlook of EPS of $5.77 to $5.81 on revenue of $5.065 billion to $5.075 billion.Analysts polled by FactSet expect EPS of $5.88 on revenue of $5.075 billion.Zoom shares rose 7% in after-hours trading.

$ZM

Wire42d ago

Deckers Outdoor Fiscal Q4 Earnings Fall, Revenue Rises; Sets Fiscal 2027 Guidance

Deckers Outdoor (DECK) reported fiscal Q4 earnings late Thursday of $0.96 per diluted share, down from $1.00 a year earlier.Analysts polled by FactSet expected $0.83.Net sales for the quarter ended March 31 were $1.12 billion, up from $1.02 billion a year earlier.Analysts surveyed by FactSet expected $1.09 billion.The company expects fiscal 2027 earnings of $7.30 to $7.45 per share on net consolidated sales of $5.86 billion to $5.91 billion. Analysts polled by FactSet expect $7.35 and $5.82 billion, respectively.The company said its board has approved an increase of $3.5 billion to the stock repurchase authorization, which brings total outstanding authorization to about $5 billion.

$DECK

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