Church & Dwight raised the lower end of its annual profit forecast and beat expectations for first-quarter results on Thursday, buoyed by resilient demand for its higher-priced fabric care and hygiene products in the U.S. and Europe.
Medtech firm Zimmer Biomet Holdings beat Wall Street estimates for first-quarter profit on Thursday, on the back of robust demand for its devices that are used in knee and hip reconstruction procedures.
WestRock beat quarterly profit expectations on Thursday, helped by higher prices, easing input costs and a recovery in demand for its paper packaging products, sending its shares up 6% premarket.
Intercontinental Exchange reported a rise in adjusted profit for the first quarter on Thursday as volumes hit a record on surge in energy markets trading.
Health insurer Cigna Group raised its annual profit forecast on Thursday, as lower-than-expected medical costs and strength in its pharmacy benefit management unit helped it beat first-quarter earnings estimates.
Quanta Services raised its annual revenue and profit forecasts on Thursday, encouraged by strong demand for its construction and engineering services from the renewable energy and electric power industries.
Qualcomm shares rose 4% in premarket trading on Thursday after the smartphone-focused chipmaker signaled an AI-fueled rebound in demand, especially in China, after a two-year slump.
A Nigerian court on Thursday adjourned a money laundering trial against cryptocurrency exchange Binance and two of its executives to May 17 after a lawyer for the exchange said he had not been served with documents needed to prepare for the case.
Auto parts supplier BorgWarner raised its full-year adjusted profit outlook on Thursday, aided by sustained demand from its exhausts, turbos and emission control systems.
Peloton CEO Barry McCarthy has stepped down, the company said on Thursday as it decided to cut 15% of its workforce to tackle a post-pandemic slump in demand for its connected fitness equipment.
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