Feb 7 (Reuters) - Industrial products maker Fortive ( FTV ) on Friday forecast annual profit and revenue below Wall Street estimates, anticipating sluggish demand for its products. Shares of the Everett, Washington-based company, which makes industrial measurement equipment and software-enabled automation used in various industries, fell more than 6% in premarket trading following the results. The company expects 2025...

Feb 7 (Reuters) - Accenture ( ACN ) has scrapped its global diversity and inclusion goals after an evaluation of the changing U.S. political landscape, according an internal memo seen by Reuters. The company will start sunsetting the diversity goals it set in 2017, along with career development programs for people of specific demographic groups, said the memo from CEO...

08:32 AM EST, 02/07/2025 (MT Newswires) -- Aspen Technology's ( AZPN ) largest minority investor Elliott Investment Management plans to oppose Emerson Electric's ( EMR ) offer to buy the Aspen shares it does not already own at $265 each in cash, Bloomberg News reported Friday, citing sources with knowledge of the details. Elliott Investment Management has an over $1.50...

08:35 AM EST, 02/07/2025 (MT Newswires) -- Consumer shares were falling pre-bell Friday with the Consumer Staples Select Sector SPDR Fund (XLP) marginally down and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.6% lower recently. Amazon.com ( AMZN ) reported higher Q4 earnings and net sales late Thursday while issuing Q1 net sales guidance below analyst expectations. Amazon (...