Check out the companies making headlines for noon deals. Target – Big Box retailers fell 4% in the unfortunate first quarter results. Target also cut its sales outlook for the year, partially denounced uncertainty around consumer sentiment and tariffs. Toll Brothers – Shares added 2.8% after home builders beat both the top and bottom lines in the second quarter. Revenues were $3.50 per share, exceeding the expected $2.83 per share, which LSEG voted for. The revenue was $2.74 billion, a consensus estimate of $2.48 billion. Palo Alto Networks – Cybersecurity firms fell 5% after posting total margins in the third fiscal quarter, lower than expected. It overshadowed better scheduled revenue reports for both lines for the quarter. Canada Goose – The luxury jacket maker rose 28% after posting a better earnings report for the fourth quarter than penciled in. However, the company said it would not provide a 2026 outlook due to uncertainty related to consumer spending and global trade backgrounds. UnitedHealth – Shares fell 4.4% after downgrading HSBC’s health insurance company. HSBC said the share price could still be seen in the negative aspects after the recent sale. UnitedHealth shares plummeted nearly 39% this year. Crypto Stocks – Some stocks associated with digital currency have risen as Bitcoin has been linked to an all-time high. Coinbase scored 2% and Mara Holdings scored over 4%. Carters – The shares have sunk 10% after the children’s clothing company announced it would cut its quarterly dividends from 80 cents per share to 25 cents per share. The company also said higher tariffs could boost product costs. XPENG – The US Prime Minister’s shares of China’s electric car maker surged 11.2% after being recorded as Maller’s losses in the first quarter than expected. Xpeng said it plans to deliver 102,000 to 108,000 vehicles this quarter, which will increase year-on-year by more than 200%. Take-Two Interactive – The stock has slid 3.4% after the video game maker announced a proposal for $1 billion in common stock. JPMorgan and Goldman Sachs are leadbook running managers for potential products. Keysight Technologies – Commercial electronics inventory rose 4% after fiscal second quarter results exceeded expectations. Keysight reported adjusted earnings of $1.70 per share with revenue of $1.31 billion. Analysts surveyed by FactSet were expecting $1.65 and $1.28 billion per share. Both the company’s major reporting segments saw revenues increase year-over-year. Modin Manufacturing – Despite better projected reports for the fourth fiscal quarter, shares fell 8.1%. The manufacturer won $1.12 per share excluding items, but Analyst voted by Factset to predict 96 cents per share. Revenue was $647.2 million, with street consensus forecasts exceeding $631.5 million. – CNBC’s Jesse Pound, Yun Li and Michelle Fox contributed reporting
Goo, UNH, TGT, CRI, etc.
