Accenture, Darden, QXO
Stock Movers20 Mar 2025

Accenture, Darden, QXO

On this episode of Stock Movers:

- Accenture shares tumbled after the consultancy said its US government work has slowed amid Elon Musk’s cost-cutting push. The company, with nearly 800,000 employees around the world, said new procurement actions had decreased amid President Donald Trump’s spending crackdown, hurting its sales and revenue. Accenture Chief Executive Officer Julie Sweet said on a call discussing earnings that federal services accounted for about 8% of its global revenue and about 16% of its Americas revenue in the 2024 fiscal year.

- Darden shares rise as much as 7.8%, the most intraday since Dec. 19, after management said on the conference call that it’s implied fourth-quarter guidance includes comparable sales growth above 3%, which is ahead of the consensus view of 2.3% growth. The annual forecasts also imply 4Q total sales of $3.23 billion to $3.26 billion, and adjusted EPS between $2.88 and $2.95; these compare to Bloomberg consensus estimates of $3.23 billion, and $2.93, respectively.

- QXO has agreed to acquire Beacon Roofing Supply Inc. in a deal that values the distributor of roofing, waterproofing and exterior products at about $11 billion including debt. The agreement ends months of back-and-forth between the companies and avoids a full-blown hostile takeover battle. QXO will pay $124.35 per share in cash for Herndon, Virginia-based Beacon after a previous offer of $124.25 was rebuffed. The price represents about a 26% premium to Beacon’s closing price on Nov. 15, the last trading day before news of takeover interest first emerged.

See omnystudio.com/listener for privacy information.

Episoder(2145)

Weekly Roundup: Alphabet Soars, Clorox Sinks, Centene Rallies

Weekly Roundup: Alphabet Soars, Clorox Sinks, Centene Rallies

Today's biggest winners and losers in the stock market.On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners or the week:- Alphabet (GOOGL) shares soared 10% to ...

1 Mai 3min

Closing Bell: Apple Rallies, Oracle Soars, Roblox Sells Off

Closing Bell: Apple Rallies, Oracle Soars, Roblox Sells Off

Today's biggest winners and losers in the stock market.On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomb...

1 Mai 4min

Chevron Falls on 'Messy' Quarter Results, Riot Platforms Higher, Spirit Airlines Nears Shutdown

Chevron Falls on 'Messy' Quarter Results, Riot Platforms Higher, Spirit Airlines Nears Shutdown

Today's biggest winners and losers in the stock market. On this episode of Stock Movers, we recap several earnings after the bell: Chevron (CVX) fell after it reported first-quarter results that anal...

1 Mai 5min

Estée Lauder Jumps, Reddit Rises, Clorox Sinks on Litter, Dressing Weakness

Estée Lauder Jumps, Reddit Rises, Clorox Sinks on Litter, Dressing Weakness

On this episode of Stock Movers:- Estée Lauder (EL) shares rise. Estée Lauder Cos. plans to cut as many as 3,000 more jobs and generate a further $200 million of savings to help boost its turnaround p...

1 Mai 3min

Apple Rises, Roblox Plunges, Reddit Gains on Continued Ads Growth

Apple Rises, Roblox Plunges, Reddit Gains on Continued Ads Growth

On this episode of Stock Movers:-Apple (AAPL) shares rise. Apple delivered a strong revenue forecast for the third quarter, with sales expected to rise 14% to 17% in the period. The company warned tha...

1 Mai 4min

Apple Moves Higher; Estee Lauder Climbs

Apple Moves Higher; Estee Lauder Climbs

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Apple (APPL) shares are up this morning as it delivered a strong revenue forecast for the third quarter, with s...

1 Mai 3min

Big Oil Climbs; Estee Lauder Rises

Big Oil Climbs; Estee Lauder Rises

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- ExxonMobil (XOM) shares are higher after it outperformed expectations after oil-production increases from Guyan...

1 Mai 3min

Natwest Beat, Diageo Scotch, Severn Trent Downgrade

Natwest Beat, Diageo Scotch, Severn Trent Downgrade

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- NatWest beat estimates in the first quarter and signaled higher earnings for the year as the bank’s customers s...

1 Mai 4min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
forklart
popradet
stopp-verden
fotballpodden-2
rss-gukild-johaug
lydartikler-fra-aftenposten
det-store-bildet
nokon-ma-ga
hanna-de-heldige
dine-penger-pengeradet
rss-ness
aftenbla-bla
rss-espen-lee-usensurert
e24-podden
rss-dannet-uten-piano
rss-penger-polser-og-politikk
frokostshowet-pa-p5