Kossan Rubber Indus (OTC:KSRBF) Stock, Quote.Headers.trade-ideas

Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm has three primary businesses: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical-grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber's revenue is generated through exports outside of Malaysia.

KOSSAN RUBBER IND ORD by Kossan Rubber Industries Inc.

Kossan Rubber Industries Bhd

Wells Fargo analyst Ken Gawrelski downgrades Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) from Overweight to Equal-Weight and lowers the price target from $15 to $11.

News

Downgrades

Price Target

Analyst Ratings

SNAP

Wells Fargo Downgrades Snap to Equal-Weight, Lowers Price Target to $11

Walt Disney (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) reported quarterly earnings of $1.76 per share which beat the analyst consensus estimate of $1.45 by 21.38 percent. This is a 44.26 percent increase over earnings of $1.22 per share from the same period last year. The company reported quarterly sales of $24.70 billion which beat the analyst consensus estimate of $24.62 billion by 0.31 percent. This is a 4.89 percent increase over sales of $23.55 billion the same period last year.

Earnings

Earnings Beats

Walt Disney Q1 2025 Adj EPS $1.76 Beats $1.45 Estimate, Sales $24.70B Beat $24.62B Estimate

-Bloomberg, citing people familiar with the matter

Rumors

JD.com Is Said to Revive Interest in Buying Germany's Ceconomy

Citigroup analyst Paul Lejuez downgrades Warby Parker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRBY#NYSE">WRBY</a>) from Neutral to Sell and raises the price target from $19 to $23.

WRBY

Citigroup Downgrades Warby Parker to Sell, Raises Price Target to $23

Guidance

Boston Scientific Sees FY25 Adj. EPS $2.80-$2.87 vs $2.81 Est., Sees Q1 Adj. EPS $0.66-$0.68. vs $0.64 Est.

Indian Prime Minister Narendra Modi might meet with Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk during the former&#8217;s visit to the U.S. later this month, Indian local media reported on Wednesday.
What Happened: Modi is expected to be in the U.S. from February 12 to 14 on an invitation from President Trump and Musk will likely be part of a group of CEOs who will meet with Modi on Feb. 13, according to <a href="https://www.cnbctv18.com/world/teslas-elon-musk-likely-to-call-on-pm-narendra-modi-next-week-19552983.htm">a</a> CNBC TV-18 report.
Musk, who was slated to visit India to meet Modi in April, discarded the plan citing obligations at the EV company. Musk has previously talked about launching Tesla vehicles as well as his Starlink satellite Internet service in India.
A meeting between the billionaire and the Indian government, however, might not result in an immediate announcement of manufacturing in the country, the report said, citing sources. 
Tesla and SpaceX did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga</a>&#8216;s request for comment on the alleged meeting. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/02/43486319/tesla-bear-expects-ev-giants-earnings-to-fall-below-bullish-estimates-in-2025-notes-majority-of-companys-revenues-come-from-car-deliveries" target="_blank" rel="noreferrer noopener">Tesla Bear Expects EV Giant's Earnings To Fall Below Bullish Estimates In 2025, Notes Majority Of Company's Revenues Come From Car Deliveries</a></li>
</ul>
Photo courtesy: Shutterstock

SPACE

Tech

TSLA

Elon Musk To Reportedly Meet Indian PM Modi Later This Month: Tesla, Starlink Launch Talks On Radar?

MKTX

MarketAxess Sees Total Average Daily Volume Of $38.9B In January 2025, Up 22% Compared To The Prior Year, And 22% Compared To December 2024 Levels

Boston Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSX#NYSE">BSX</a>) reported quarterly earnings of $0.70 per share which beat the analyst consensus estimate of $0.66 by 6.06 percent. This is a 27.27 percent increase over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $4.561 billion which beat the analyst consensus estimate of $4.424 billion by 3.09 percent. This is a 22.44 percent increase over sales of $3.725 billion the same period last year.

Boston Scientific Q4 2024 Adj. EPS $0.70 Beats $0.66 Estimate, Sales $4.561B Beat $4.424B Estimate

The Offering is being conducted on a firm commitment basis. The ordinary shares are expected to commence trading on Nasdaq Capital Market under the ticker symbol "PLUT" on February 5, 2025.

IPOs

PLUT

Plutus Financial Prices IPO Of 2.10M Ordinary Shares At $4 Per Ordinary Share, For Total Gross Proceeds Of $8.4M

Citigroup analyst Filippo Falorni upgrades Molson Coors Beverage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) from Sell to Neutral and raises the price target from $47 to $57.

Upgrades

Citigroup Upgrades Molson Coors Beverage to Neutral, Raises Price Target to $57

ZDGE

Zedge Also Expects To Benefit From The Completion (In April 2025) Of Gurushots Employee Retention Bonuses, Which Will Further Reduce Gurushots (And Zedge's) Annualized Expense Run-rate By ~$1.2M Beginning In Q4

<a href="https://www.uber.com/us/en/u/waymo-on-uber/" title="https://www.uber.com/us/en/u/waymo-on-uber/">https://www.uber.com/us/en/u/waymo-on-uber/</a>

UBER

Uber Says Waymo Coming To Uber, Launching In Austin, TX, Coming Soon To Atlanta, GA

Citigroup analyst Christopher Danely upgrades NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) from Sell to Neutral and raises the price target from $200 to $210.

NXPI

Citigroup Upgrades NXP Semiconductors to Neutral, Raises Price Target to $210

Zedge Discloses Additional Restructuring Initiatives, Mainly The Closure Of Its Norway Operations And Estimates Estimated Total Global Restructuring And Other Cost Reductions To Save $3.9M-$4.1M Annually Relative To Q1 FY25 Run Rate - FY24 Free Cash Flow Of $4.7M

Kennametal Sees Q3 Sales Of $480M - $500M Vs. $517.58M Est; Q3 Adj EPS Of $0.20 - $0.30 Vs. $0.38 Est.

AZZ Expects FY26 Sales $1.625B - $1.725B (Est $1.681B), Adj EPS Of $5.50 - $6.10 (Est $5.82)

Kennametal Sees FY25 Sales Of $1.950B - $2.0B Vs. $2.03B; Adj EPS Of $1.05 - $1.30 Vs. $1.44 Est.

Banco Santander (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAN#NYSE">SAN</a>) reported quarterly earnings of $0.21 per share which beat the analyst consensus estimate of $0.19 by 10.53 percent. This is a 16.67 percent increase over earnings of $0.18 per share from the same period last year. The company reported quarterly sales of $17.10 billion which beat the analyst consensus estimate of $15.20 billion by 12.53 percent. This is a 9.19 percent increase over sales of $15.66 billion the same period last year.

Banco Santander Q4 GAAP EPS $0.21 Beats $0.19 Estimate, Sales $17.10B Beat $15.20B Estimate

Health Care

General

Cencora Expects 2025 Revenue Growth Of 8%-10%, From The Previous Range Of 7%-9%

Fiscal Year 2025 Expectations on an Adjusted (non-GAAP) Basis
On January 2, 2025, Cencora updated its fiscal year 2025 financial guidance only for adjusted diluted EPS following the closing of the RCA acquisition to reflect the expected contribution from RCA and momentum in the U.S. Healthcare Solutions reportable segment.
Cencora is now updating its fiscal year 2025 adjusted diluted EPS guidance to better reflect the continued momentum in the U.S. Healthcare Solutions reportable segment. Additionally, the Company is updating its fiscal year 2025 financial guidance expectations for revenue, operating income and net interest expense to reflect the impact of the RCA acquisition and the continued momentum in the U.S. Healthcare Solutions segment. The Company now expects:
<ul>
<li>Revenue growth to be in the range of 8 to 10 percent, from the previous range of 7 to 9 percent;
<ul>
<li>U.S. Healthcare Solutions revenue growth to be in the range of 9 to 11 percent, from the previous range of 7 to 9 percent;</li>
<li>International Healthcare Solutions revenue growth to be in the range of 4 to 5 percent, from the previous range of 7 to 9 percent;</li>
</ul>
</li>
<li>Adjusted diluted EPS to be in the range of $15.25 to $15.55, up from the previous range of $15.15 to $15.45 provided on January 2, 2025 and the initial guidance range of $14.80 to $15.10.</li>
</ul>
Additional expectations now include:
<ul>
<li>Adjusted consolidated operating income growth to be in the range of 11.5 to 13.5 percent, from the previous range of 5 to 6.5 percent;
<ul>
<li>U.S. Healthcare Solutions segment operating income growth to be in the range of 14.5 to 16.5 percent, from the previous range of 5 to 6.5 percent;</li>
<li>International Healthcare Solutions segment as reported operating income growth to be flat, from the previous range of 5 to 6.5 percent;
<ul>
<li>On a constant currency basis, International Healthcare Solutions segment operating income growth to be approximately 5 percent;</li>
</ul>
</li>
</ul>
</li>
<li>Net interest expense to be in the range of $290 million to $310 million, from the previous range of $150 million to $170 million; and</li>
<li>Weighted average diluted shares outstanding is expected to be under 196 million, from the previous expectation of approximately 196 million.</li>
</ul>

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Kossan Rubber Indus (KSRBF) Forecast

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