Spectrum Brands Holdings, Inc. ( SPB ) shares are trading lower on Friday. The company reported fourth-quarter adjusted earnings per share of 97 cents, missing the street view of $1.07. Quarterly revenues were $773.7 million (+4.5%), beating the analyst consensus of $747.51 million. Gross profit surged 17.8% to $288 million. Gross profit and margin increased due to productivity improvements, operational...

11:23 AM EST, 11/15/2024 (MT Newswires) -- Advance Auto Parts ( AAP ) missed Q3 expectations but is expected to post strong margin improvements between 2025 and 2027, Wedbush said in a report Friday. The automotive aftermarket parts provider reported an adjusted loss of $0.04 per share for fiscal Q3, narrowing from a $1.19 loss a year earlier, with net...

Visa Inc ( V ) stock has climbed following Donald Trump's presidential election win, driven by expectations of economic policies that could stimulate consumer spending and benefit payment processors like Visa. Trump's proposal to extend and expand tax cuts is likely to increase disposable income for households and encourage corporate investment, leading to a surge in transaction volumes—Visa's primary revenue...

(Reuters) - Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big names such as 3M, General Electric ( GE ), United Technologies and others. But many of those companies have since broken apart, and shares of their spinoffs have surged. Activist Elliott Investment is arguing that Honeywell ( HON )...