Take a look at the businesses making headlines in noon buying and selling: Verizon Communications — The telecommunications large noticed shares climb 1% after the agency posted its strongest quarterly wi-fi subscriber development in 5 years, boosted by stable demand for its customizable choices equivalent to myPlan. Verizon reported earnings of $1.10 per share final quarter, matching a median estimate per LSEG. Novo Nordisk — U.S.-traded shares of the Danish pharmaceutical firm jumped greater than 8%. Novo Nordisk reported constructive ends in an early-stage trial for its amycretin weight problems drug. Twilio — Shares of the cloud communications software program maker rallied 20% after Twilio issued an optimistic forecast for the following few years. Twilio mentioned throughout its Thursday investor occasion that its adjusted working margin will attain as excessive as 22% by 2027. Baird upgraded Twilio to outperform from impartial on the again of the occasion and mentioned it got here away assured forward of the corporate’s fourth-quarter outcomes. Ericsson — U.S.-listed shares of the telecommunications firm tumbled 14% following a fourth-quarter earnings miss. Ericsson posted fourth-quarter adjusted EBITA of 10.25 billion Swedish kroner, whereas analyst consensus had estimated 10.69 billion Swedish kroner, in accordance with FactSet. CSX — Shares dipped 3% after the railroad firm reported fourth-quarter income of $3.54 billion, lower than the $3.58 billion anticipated from analysts polled by LSEG. CSX mentioned income fell 12 months over 12 months resulting from declines in gas surcharge and coal income. Grindr — The relationship app popped 8% after posting recent steering. Grindr now expects full-year 2024 income of between $343 million and $345 million, whereas analysts polled by FactSet had anticipated $338 million. Texas Devices — The semiconductor maker dropped 7.5% after issuing disappointing steering. The corporate expects earnings per share to vary between 94 cents to $1.16, versus an LSEG estimate of $1.17 per share. CF Industries — Shares tumbled 7.5% following a downgrade from JPMorgan to underweight from impartial. The financial institution sees extra draw back dangers forward, including that it expects “will increase in home pure fuel costs, which is the first uncooked materials for the manufacture of nitrogen fertilizers, ought to result in Consensus earnings estimate cuts for 2025 and for 2026.” Intuitive Surgical — Shares slipped 4% after the medical tools maker predicted its adjusted gross revenue margin will are available in between 67% and 68% in 2025, versus 69.1% in 2024. NextEra Power — The renewable power firm added 5% after posting fourth-quarter adjusted earnings of 53 cents per share, which was in step with a FactSet consensus. The agency additionally guided for full-year adjusted earnings that encompassed Wall Avenue’s consensus estimate. American Specific — The bank card processor slipped 1% after its ahead income development for 2025 got here in slower in comparison with 2024. Nevertheless, American Specific posted a fourth-quarter income beat and earnings that had been in step with analysts’ expectations. GE Vernova — The electrical companies inventory shed 4% after Guggenheim downgraded the title to impartial from purchase. Analyst Joseph Osha pointed to the inventory’s robust current efficiency and slowing upward revisions as causes for the downgrade. — CNBC’s Michelle Fox, Hakyung Kim, Yun Li, Pia Singh and Samantha Subin contributed reporting.
