(Reuters) -Medical device maker Becton Dickinson (NYSE:BDX) lowered its annual profit forecast on Thursday, in anticipation of a potential hit from U.S. President Donald Trump’s tariffs, sending its shares down 5% in premarket trading. The manufacturer and distributor of medical and surgical products also said it intends to invest $2.5 billion in U.S. manufacturing capacity over the next 5 years ...
Investing.com -- U.S. stock futures rose Thursday, as investors digested more corporate earnings, in particular from Big Tech giants. Here are some of the biggest premarket U.S. stock movers today:Meta Platforms (NASDAQ:META) stock climbed 6.2% after the Facebook and Instagram parent reported better-than-expected first-quarter results and upbeat guidance that pointed to increased spending on artif ...
Investing.com -- Citi Research in a note dated Thursday has upgraded Burberry Group Plc (LON:BRBY) to “buy” from “neutral,” citing improving brand momentum and growth potential in the United States. The brokerage set a new price target of £9.25, down slightly from £9.80, implying a total return of 28.7% including dividends.The decision follows signs that Burberry’s “Burberry F ...
(Reuters) -KKR’s first-quarter profit rose nearly 20% on higher fees and the investment firm said it was ready to put its $116 billion of capital to use as market volatility creates fresh opportunities. The results reflect the structural advantage held by large alternative asset managers, which can generate hundreds of millions in management fees even when asset sales are muted. While a slowdown ...