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09.06.26 - 16:36
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JM Smucker Moves on Profit Beat; Vail Resorts Down on Full Year Guidance Cut | Stock Movers (Bloomberg)
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On this episode of Stock Movers with Alexis Christoforous:
- Nuvalent (NUVL) shares are higher on news GSK agreed to buy Nuvalent for $10.6 billion, securing a US biotech firm developing treatments for lung cancer.
- JM Smucker (SJM) shares are on the move after it posted fourth-quarter profits that beat Wall Street expectations as higher prices helped boost the packaged food company.
- Vail Resorts (MTN) is dropping after the ski resort operator cut its net income guidance for the full year, attributing the reduction to “historically challenging” weather conditions in the western US. The guidance missed the average analyst estimate. (Source: Bloomberg)...
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26.02.26 - 13:42
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J.M. Smucker Sales Rise on Higher Coffee Prices (WSJ EN)
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J.M. Smucker posted higher third-quarter sales, driven by price hikes in its coffee division, but lowered its sales growth forecast for the year due to a recent fire at one of its manufacturing facilities....
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