(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 ...
By Niket Nishant (Reuters) - Investment giant KKR is ready to put its $116 billion of capital to use as market volatility creates fresh opportunities, it said after posting a nearly 20% jump in first-quarter profit on Thursday. While tariff-driven turbulence has stirred concerns over limited exit opportunities, top KKR executives said its global footprint and asset mix have put it in a better posi ...