Aaron Rennie

3 days ago | investopedia.com | Aaron Rennie

Shares of Kenvue ( KVUE) led S&P 500 decliners Tuesday after the consumer health giant's chief executive indicated the firm faces seasonal demand challenges. Speaking at Deutsche Bank's dbAccess Global Consumer Conference, Kenvue CEO Thibaut Mongon highlighted the importance of seasonality for its allergy products, like Benadryl and Zyrtec. "We saw a longer winter, so winter pushed spring into later in Q2," Mongon said, according to a transcript provided by AlphaSense.

4 days ago | investopedia.com | Aaron Rennie

Shares of General Motors ( GM) and Ford Motor ( F) were among the biggest decliners in the S&P 500 on Monday after President Donald Trump announced plans to double tariffs on steel imports to 50%. GM and Ford shares were down 4.3% and about 4%, respectively, in recent trading Monday afternoon. Shares of fellow "Big Three" automaker Stellantis ( STLA), the maker of Jeep and Chrysler, were down nearly 3.5%.

4 days ago | investopedia.com | Aaron Rennie

Fintech firm Circle Internet Group, the issuer of the USDC stablecoin, on Monday increased the size and price range of its planned initial public offering (IPO). In a regulatory filing, Circle said it plans to offer 12.8 million shares of Class A common stock at between $27 and $28 each. Last Tuesday, it said it intended to offer 9.6 million Class A shares at between $24 and $26 apiece.

4 days ago | investopedia.com | Aaron Rennie

Shares of Science Applications International Corp. ( SAIC), or SAIC, fell in early trading Monday after the technology firm reported fiscal 2026 first-quarter profit and free cash flow below analysts' expectations. The Reston, Va.-based government contractor posted adjusted earnings per share (EPS) of $1.92 on revenue that increased 2% year-over-year to $1.88 billion. Analysts surveyed by Visible Alpha expected $2.12 and $1.87 billion, respectively.

1 week ago | investopedia.com | Aaron Rennie

The Cooper Companies ( COO) shares dropped 14% and were among the biggest decliners on the S&P 500 Friday, a day after the contact lens maker lowered its full-year organic growth outlook. The San Ramon, Calif.-based firm now sees fiscal 2025 organic growth of 5% to 6%, down from last quarter's forecast of 6% to 8% growth. However, Cooper raised its outlook for adjusted earnings per share (EPS) to $4.05 to $4.11 from the prior range of $3.94 to $4.02.