Jan 29 (Reuters) - Corning on Wednesday forecasted first-quarter revenue and profit that beat Wall Street expectations, with the Gorilla Glass-maker expecting robust demand for its optical fiber products for artificial intelligence-related infrastructure. Shares of the New York-based company were up 5.6% in premarket trading. Demand for optical fiber, which is used to transfer data at high speeds, has been...

(Reuters) - Spirit Airlines ( SAVEQ ) on Wednesday said it expects to exit bankruptcy in the first quarter and rejected a merger with rival Frontier Group ( ULCC ), saying it was not favorable for the low-cost carrier. It received a proposal from Frontier earlier this month, where in its shareholders would $400 million in debt and a 19%...

08:01 AM EST, 01/29/2025 (MT Newswires) -- Victoria's Secret (VSCO) narrowed its fiscal Q4 outlook Wednesday, raising the lower end of its projections for adjusted diluted earnings per share and net sales. The company now expects adjusted EPS of $2.20 to $2.30, from its previous forecast of $2 to $2.30. Analysts polled by FactSet expect $2.25. Net sales for the...

08:01 AM EST, 01/29/2025 (MT Newswires) -- Haoxi Health Technology ( HAO ) shares slumped 23% pre-bell Wednesday, paring Tuesday's rally. Manhattan Associates ( MANH ) shares fell 23%, a day after the company issued 2025 guidance on adjusted earnings and revenue that trailed analysts' estimates. Treace Medical Concepts ( TMCI ) shares retreated 22% following a 2.5% drop. Universal...