Vertiv Adds 7% On Encouraging Outlook

Shares of digital infrastructure and continuity solutions provider Vertiv Holdings Co (VRT) are rising more than 7% Wednesday morning after the company provided encouraging outlook for the first quarter as well as full year. For the first quarter, Vertiv expects sales to be in the range of $1.35 billion- $1.45 […]

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Endava Plunges On Lower Q2 Profit

Shares of software development company Endava plc (DAVA) are falling more than 14% Tuesday morning after reporting lower profit in the second quarter. Profit for the second quarter declined to 15 million pounds or 0.26 pounds per share from 15.4 million pounds or 0.27 pounds per share a year ago. […]

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Cryptos Reclaim $1 Trillion Level

Cryptocurrencies gained around 0.75 percent overnight to recoup losses and rise above the psychological $1 trillion level in market capitalization. Cryptocurrency prices had fallen a day earlier amidst a fresh phase of regulatory crackdown in the U.S. on the crypto industry. Paxos, the issuer of the Binance USD (BUSD) stablecoin […]

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GEO Group Shares Drop 12% Despite Upbeat Q4 Results

Shares of The GEO Group, Inc. (GEO), a diversified government service provider, are falling more than 12% Tuesday morning despite reporting better-than-expected fourth-quarter results. The company reported a profit of $41.53 million, or $0.29 per share in the furth quarter compared with a loss of $49.8 million or $0.41 per […]

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Coca-Cola Q4 Profit Down 16%, But Meets Estimates

Beverages giant Coca-Cola Co. (KO) reported Tuesday a profit for the fourth quarter that declined 16 percent from last year, reflecting steeply lower other income and higher interest expense, despite a 7 percent revenue growth. Adjusted earnings per share met analysts’ expectations, while quarterly revenues topped it. The company also […]

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