Check out the companies making headlines in the midday deal: Altus Power – after the commercial solar power provider agrees to a $5 acquisition from the TPG unit that valued Altus at $2.2 billion, including debt. It rose 27%. The transaction is expected to close in the second quarter. Ford – Automakers have dropped 7%, reaching their lowest level in four years after issuing Soft 2025 guidance. Management cited “headwinds related to market factors.” Ford broke consensus estimates in the fourth quarter. Honeywell International – The stock lost 6% after the conglomerate said on Thursday it was split into three independent companies under pressure from activist investor Elliott Management. Separately, Honeywell forecasts adjusted earnings of $10.10 to $10.25 per share in 2025, according to FactSet. Eli Lilly – Shares rose 3% following the fourth quarter mixed results for the pharmaceutical company. According to LSEG, adjusted revenues were $5.32 per share, exceeding the consensus estimate of $4.95. The revenue of $13.53 billion was estimated by analysts at $13.57 billion. The results were consistent with preliminary results released last month. Skyworks Solutions – Shares fell 25% after the semiconductor company said president and CEO Liam Griffin would resign. Inseego Executive Chairman Philip Brace will take over the role that begins on February 17th. Separately, Skyworks’ first quarter revenue exceeded estimates, but revenue coincided with what the analysts voted for by LSEG. ARM Holdings – UK semiconductor designers slid 3% despite shattering analyst estimates on third quarter revenue and revenue. ARM trims the top edge of its annual revenue outlook from previous forecasts, and currently expects annual revenues between $3.94 billion and $4.04 billion. Yum Brands – Taco Bell and the KFC chain surged 10% after fourth quarter revenues fell higher than analyst estimates. Yum posted an adjusted profit of $1.61 per share, but the analyst voted by Analyst by Factset was looking for $1.60. Yum’s revenue of $2.36 billion matched analyst estimates. Health insurance stocks fell to 10% after earning an analyst estimate of $5.05 per share for the fourth quarter, according to Molina Healthcare – Factset. However, revenues of $10.5 billion exceeded the estimated $10.28 billion. Helmerich & Payne – The oil and gas drilling company saw the stock by keeping its 16% lower for 52 weeks after quarterly revenue disappointing. Helmerich & Payne’s first quarter revenue was $677.3 million. The FactSet Consensus estimate was $692.6 million. Adjusted revenue beats expectations. PELOTON – The athletic equipment company has raised 12% after reporting revenues above forecasts in the latest quarter. Peloton reported revenue of $674 million, with analysts voting with LSEG’s forecast of $654 million. Peloton has also stepped up its full-year revenue outlook and is closer to turning profits. Roblox – Videogame stocks sank 11% after fourth quarter results missed expectations with some measures. According to Factset, Roblox reported a $1.36 billion reservation, while analysts had forecast it to be $1.37 billion. Roblox also reported 85.3 million active users per day. This is below the expected 88.2 million. Coherent – Shares rose 12% after semiconductor companies posted their second quarter beats on top and bottom lines. Coherent reported adjusted earnings of 95 cents with revenue of 95 cents per share, earnings of $1.444 billion. That’s over 69 cents in revenues of $1.37 billion per fact set, analysts had expected. Bausch Health – After the Bausch & Lomb unit supplying contact lenses, eye health stock has dropped by 11%. However, in a statement, the parent said, “Full separation is the goal.” Bausch & Lomb shares fell 10%. Ralph Lauren – Luxury fashion company rose 10% after quarter adjusted revenue and revenue beat estimates. Ralph Lauren scored a fresh high on Thursday, having his best day since rising nearly 17% in February 2024. Lyft – The ride platform has popped 5% after Thursday announced it would work with Alphabet’s backed startup Anthropic to incorporate new artificial intelligence products to improve the ride-sharing experience for users. Lyft said it has already incorporated Amazon’s Bedrock Gen AI tools into its Customer Care AI Assistant. Tapestry – The stock added 12%, hitting an all-time high after Kate Spade and coach’s parents reported they were scheduled for adjusted revenue and revenue for the second quarter of fiscal year. Tapestry also raised a year-round outlook. Canada Goose – The Wintercourt Maker skated 8% after posting adjusted revenue for the third quarter that missed analyst estimates. Canada Goose’s revenues last quarter also dragged expectations. Philip Morris International – Stocks rose 11%. Tobacco producers are keeping pace with their biggest day-ago advance since October. The move comes after Marlboro owners reported results above fourth quarter expectations, boosted by the sale of non-smoking products such as Zyn Nicotine Pouches. Huntington Ingalls – Seafarers plummeted 18% after missing out on fourth quarter revenue and revenue estimates. Stock has been paced on its worst day since October 31st, falling 26%. ArcelorMittal – Stocks have risen 11% after steelmakers raised dividends, saying demand will increase in 2025. Adjusted revenue and revenue for the fourth quarter missed analyst estimates. Freddie Mac, Fannie Mae – Government-sponsored mortgage lenders jumped 16% and 15% respectively. Qualcomm – Chipmakers lost 4% after Wall Street analysts pointed to headwinds in growth on the horizon. Fiscal quarter results are better than Street’s expectations, with $2.96 against $11.67 billion in revenue, earnings per share of $3.41, based on the analysts voted by LSEG. It beat the estimated $2.96. – Reported by CNBC’s Brian Evans, Michelle Fox, Fred Imbard, Haking Kim, Yoon Lee, Jesse Pound, Scott Schnipper and Pier Singh.
Noon stock making the biggest move: RBLX, PTON, RL, YUM
