11:32 AM EST, 02/04/2025 (MT Newswires) -- ViaSat ( VSAT ) shares are up about 8.5% year-to-date after the recent announcement of a sizeable government award, but competitive concerns related to Starlink and other companies are lingering, Morgan Stanley said Tuesday in a note to clients. Starlink's momentum in Aviation -- a historical area of strength for [ViaSat ( VSAT...

Pentair plc ( PNR ) shares are trading lower after the company reported a fourth-quarter 2024 net sales decline of 1% year over year (Y/Y) to $973 million, slightly beating the consensus of $972.8 million. Also, core sales declined by 1% Y/Y in the fourth quarter, excluding currency translation, acquisitions, and divestitures. Gross margin expanded to 38.8% from 37.2% a year ago in the quarter. Adjusted operating margin expanded 370 basis points Y/Y to 23.8%...

11:34 AM EST, 02/04/2025 (MT Newswires) -- National Bank of Canada said it believes outperform-rated WSP Global ( WSPOF ) , is likely to convert its EBITDA margin target of 20% to an exit one of 19% by 2027, ahead of the company's investor day, held to discuss its new three-year ambitions. The bank believes WSP, whose price target is...

LONDON (Reuters) - Hedge funds started 2025 buoyed by choppier markets driven by uncertainty on new U.S. President Donald Trump's policies and a tumble in tech-darling Nvidia ( NVDA ) as Chinese artificial intelligence startup DeepSeek emerged, sources told Reuters. A global tech rout at the start of last week was followed by volatility ahead of Trump's weekend announcement of...