Analyst news

• RingCentral Chief Accounting Officer Sells 4,568 Shares

  12-09-2026 23:03 via rocketnews.com
  
  Tarun Arora, Chief Accounting Officer of RingCentral, executed a stock sale on Aug. 28, 2026, disposing of 4,568 shares of Class A common stock. The transaction generated proceeds of $318,000, with the shares sold at prices ranging from $69.07 to $70.00 per share, resulting in a weighted-average execution price of $69.60.
  Following completion of the sale, Arora retained direct ownership of 75,141 shares valued at $5.2 million based on market pricing. The insider’s remaining holdings repre
  
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• Comcast CFO sends stern warning as broadband customers leave

  12-09-2026 23:03 via rocketnews.com
  
  Comcast Chief Financial Officer Jason Armstrong delivered cautionary remarks regarding the company’s broadband business performance and competitive landscape. The telecommunications company has experienced substantial customer losses in recent periods, shedding over 700,000 internet customers in 2025 following price increases and restrictions on autopay discounts. In the first and second quarters of this year, Comcast lost an additional combined 232,000 internet subscribers across its Xfi
  
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• Ciena’s (CIEN) Backlog Just Hit $8.5B and Keeps Climbing

  12-09-2026 23:03 via rocketnews.com
  
  Ciena Corporation released third-quarter fiscal 2026 results on September 3 that demonstrated substantial growth across its networking business. The company posted revenue of $1.67 billion, representing a 37% year-over-year increase, while adjusted earnings per share more than tripled to $2.11. The backlog reached $8.5 billion, with the company projecting it would surpass $10 billion by the end of fiscal 2026.
  The expansion was concentrated in areas tied to artificial intelligence infrastructur
  
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• BRP (DOO) Posts A Quarterly Loss And Raises Its Outlook Anyway

  12-09-2026 23:03 via rocketnews.com
  
  BRP Inc. reported second quarter results on September 3 that displayed a marked divergence between top-line and bottom-line performance. The company generated revenue of $2.24 billion, representing 18.5% year-over-year growth, yet normalized diluted earnings per share declined to a loss of $0.18 from a profit of $0.92 in the prior-year period. Tariff-related pressures drove the earnings deterioration despite robust demand signals across the business.
  The off-road vehicle segment demonstrated su
  
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• BioMarin Shares Jump 5% After Global Patent Settlement With Ascendis

  12-09-2026 23:03 via rocketnews.com
  
  BioMarin Pharmaceutical Inc. announced on August 31 that it had entered into binding agreements with Ascendis Pharma A/S to resolve a global patent dispute concerning Ascendis’s achondroplasia treatment Yuviwel. The settlement addressed litigation pending across multiple jurisdictions, including a Section 337 investigation by the US International Trade Commission that BioMarin agreed to withdraw. Ascendis confirmed the arrangement the following day, characterizing it as a binding term she
  
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• A Tale of Two Dollars: Why Dollar General Outpaced Dollar Tree This Quarter

  12-09-2026 23:03 via rocketnews.com
  
  Both Dollar General and Dollar Tree released second-quarter earnings reports in late August that beat analyst expectations, benefiting from consumer demand for value retail amid inflationary pressures. However, the market’s reaction to each company diverged significantly.
  Dollar General reported net sales of $11.29 billion, exceeding the $11.2 billion forecast, with diluted earnings per share of $2.48, up 33.3% year-over-year and well above the projected $2.01. Same-store sales rose 3.5%,
  
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• Is Toast Stock a Buy After a Record 9,500-Restaurant Quarter?

  12-09-2026 23:02 via rocketnews.com
  
  Toast, a digital restaurant platform company listed on the NYSE, reported adding 9,500 new locations during the second quarter of 2026, representing a 22% increase compared to the prior year period and bringing its total customer base to 180,000 locations.
  The company demonstrated continued financial momentum with annualized recurring run rate (ARR) growth of 25% on a year-over-year basis during the quarter. ARR has maintained a consistent trajectory, declining gradually from 30% growth in the
  
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• Rising Bond Yields Are Driving US Stocks Toward Correction Territory: Markets Pulse

  12-09-2026 13:03 via rocketnews.com
  
  A Bloomberg Markets Pulse survey of 122 market participants revealed growing concerns that escalating bond yields pose a significant threat to equity valuations. Around 30% of respondents indicated that 10-year Treasury yields reaching 5% to 5.25% would be sufficient to trigger a 10% decline in stocks from their peak—the definition of a market correction. Another 22% placed the threshold slightly higher, between 5.25% and 5.5%.
  The benchmark 10-year yield climbed to over 4.96%, marking a
  
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• Investors pull money from equity funds as rising oil prices fuel inflation fears

  12-09-2026 13:03 via rocketnews.com
  
  Global equity funds recorded significant outflows during the week ending September 9, marking the largest weekly decline since March 18. According to LSEG Lipper data tracking approximately 29,000 funds, equity funds saw net outflows of $15.52 billion, with U.S. equity funds accounting for net sales of $32.27 billion. In contrast, European and Asian equity funds attracted positive flows of $11.16 billion and $3.03 billion, respectively.
  The outflow activity coincided with a sharp rise in crude
  
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