Latest news for Lifco (OTC:LFCBY) Stock

Lifco AB owns niche subsidiaries in a variety of industries, with a focus on three business areas: dental, demolition and tools, and systems solutions. The dental business supplies consumables, equipment, and technical service to dentists. The demolition and tools business manufactures and sells equipment for the construction and demolition industry, including demolition robots and crane attachments. The systems solutions business provides interiors for service vehicles, contract manufacturing, environmental technology, sawmill equipment, and construction materials. The Group's material revenue streams arising from the sale of goods comprise sales of dental products, tools and machinery, infrastructure products, environmental technology, special products and transportation products.

Lifco AB

News

First BanCorp. Reveals Strategic Reorganization Aligned With Corporate Succession Plan Aimed At Improving Operational Efficiency, Enhancing Customer Experience, And Driving Business Transformation To Align Resources For Growth

HC Wainwright &amp; Co. analyst Edward White reiterates Valneva (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VALN#NASDAQ">VALN</a>) with a Buy and maintains $18 price target.

Price Target

Reiteration

Analyst Ratings

VALN

HC Wainwright & Co. Reiterates Buy on Valneva, Maintains $18 Price Target

Samsung Electronics Co (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) <a target="_blank" href="https://www.benzinga.com/topic/samsung" rel="noreferrer noopener">reported fourth-quarter revenue</a> growth of 12% year-on-year to 75.8 trillion Korean won ($52.2 billion).
Operating profit declined by 30% Q/Q to 6.5 trillion Korean won due to soft market conditions, especially for IT products, and higher R&amp;D expenditures.
The DS Division (encompassing Memory and S.LSI / Foundry) posted 30.1 trillion Korean won in revenue (versus 21.7 trillion Korean won Y/Y) backed by a higher blended DRAM average selling price (ASP) due to the increased sales of high-bandwidth memory (HBM) and high-density <a target="_blank" href="https://www.samsung.com/global/ir/financial-information/earnings-release/" rel="noreferrer noopener">DDR5 for servers</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/01/43165472/samsung-taps-google-ai-qualcomm-tech-for-galaxy-s25-to-rival-apples-iphone" rel="noreferrer noopener">Samsung Taps Google AI, Qualcomm Tech for Galaxy S25 to Rival Apple&#8217;s iPhone</a>
The division reported 2.9 trillion Korean won in operating profit (versus a loss of (2.2) trillion Korean won Y/Y).
Samsung Display Corp Division, posted 8.1 trillion Korean won in revenue (versus 9.7 trillion Korean won Y/Y). The division reported 0.9 trillion Korean won in operating profit (versus 2.0 trillion Korean won Y/Y) due to sluggish smartphone demand and rising competition for the mobile display business.
The Mobile eXperience (MX) and Networks businesses posted 25.8 trillion Korean won in revenue (versus 25.0 Korean won Y/Y). The division reported 2.1 trillion Korean won in operating profit (versus 2.7 trillion Korean won Y/Y).
The quarterly capex was 17.8 trillion Korean won, with 16 trillion Korean won allocated to the DS Division and 1 trillion Korean won to SDC.
While overall earnings improvement may be limited in the first quarter of 2025 due to weakness in the semiconductors business, the company aims to pursue growth through increased sales of smartphones with differentiated AI experiences and premium products in the Device eXperience (DX) Division.
For 2025, the company plans to enhance technological and product advantages in AI, meet future demand for high-value-added products, and drive sales growth in premium segments.
Samsung, in a preliminary earnings report, flagged sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business, with earnings also dented by rising R&amp;D costs and early investments in expanding advanced-chip processing capability, the Wall Street Journal <a target="_blank" href="https://www.wsj.com/business/earnings/samsungs-net-profit-beats-consensus-but-chip-woes-weigh-cad40447?mod=tech_lead_pos1" rel="noreferrer noopener">reports</a>.
SK Hynix has left Samsung behind in HBM, Eric Ross of Cascend Securities, <a target="_blank" href="https://www.cnbc.com/2025/01/31/samsung-fourth-quarter-profit-falls-short-of-estimates-as-ai-demand-remains-strong.html" rel="noreferrer noopener">told</a> CNBC. Micron Technology, Inc also gained ground, Ross told. PC and smartphone DRAM markets are under price pressure, he added.
Nabila Popal of IDC told CNBC that Samsung&#8217;s share of the premium market has inched closer to market leader Apple Inc thanks to the former&#8217;s Galaxy S24 series featuring Galaxy AI.
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Earnings

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SSNLF

Samsung Q4 Earnings: 12% Revenue Growth, Closes Gap With Apple In Premium Phones, Eyes AI-Powered Growth In 2025

NLSP

NLS Pharmaceutics And Kadimastem Says Shareholders Approved Their Merger, Bringing Companies One Step Closer To Creating A Combined Nasdaq-traded Biotechnology Company With Portfolio Of Advanced Therapies For Neurodegenerative Diseases And Diabetes

WIIM

KLAC

KLA Corp shares are trading higher following better-than-expected Q2 financial results.

Needham analyst Laura Martin reiterates Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) with a Buy and maintains $260 price target.

AAPL

Needham Reiterates Buy on Apple, Maintains $260 Price Target

TEAM

Atlassian shares are trading higher after the company reported better-than-expected Q2 financial results.

Shares of Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) rose by 4.02% in premarket on Friday following better-than-expected first-quarter revenue and earnings per share. CEO Tim Cook described Q1 as their &#8220;best quarter ever&#8221;. However, iPhone and China sales fell below expectations for the given quarter.
What Happened: Apple stock closed 0.74% lower on Thursday after which the company reported its first-quarter earnings.
While its revenue reached $124.3 billion as compared to the $124.13 billion <a href="https://www.benzinga.com/quote/AAPL/earnings">expected</a> by <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>, the adjusted EPS also surpassed expectations at $2.40 as compared to the <a href="https://www.benzinga.com/quote/AAPL/earnings">estimates</a> of $2.36 per share.
However, the iPhone sales slipped to $69.14 billion, versus $69.7 billion in the same quarter last year.
With a good Q1, the company beat eight consecutive quarters of expectations, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
The iPhone maker&#8217;s success was fueled by growth in its services sector and strong performance in international markets. Services revenue, which includes offerings like Apple Music and iCloud, climbed to $26.34 billion, up significantly from $23.12 billion last year.
See Also: <a href="https://www.benzinga.com/news/earnings/25/01/43355688/apple-q1-earnings-revenue-beat-eps-beat-iphone-sales-slip-installed-base-climbs-to-all-time-high-our-best-quarter-ever">Apple Q1 Earnings: Revenue Beat, EPS Beat, iPhone Sales Slip, Installed Base Climbs To All-Time High — &#8216;Our Best Quarter Ever&#8217;</a>
Geographically, Apple saw robust sales across various regions. The Americas contributed $52.65 billion, while Europe generated $33.86 billion. Japan brought in $8.99 billion, and the rest of the Asia-Pacific region contributed $10.29 billion. Greater China sales were at $18.51 billion, but Wall Street expected $21.5 billion from China.
Product revenue totaled $97.96 billion, a slight increase from $96.46 billion the previous year. Mac sales rose to $8.99 billion from $7.78 billion, and iPad sales also increased to $8.09 billion from $7.02 billion. Sales of Wearables, Home and Accessories, however, saw a slight decline, reaching $11.75 billion compared to $11.95 billion last year.
See Also: <a href="https://www.benzinga.com/government/regulations/25/01/43377987/after-imposing-tariffs-on-canada-donald-trump-threatens-100-levy-on-brics-for-move-against">After Imposing Tariffs On Canada, Donald Trump Threatens 100% Levy On BRICS For Move Against Dollar: &#8216;How Will US Manage Production From Slippers To Ships?,&#8217; Asks Expert</a>
Why It Matters: Despite fluctuations in specific product categories, Apple highlighted a significant milestone. Its active installed base of devices reached an all-time high across all product lines and geographic segments.
&#8220;Today Apple is reporting our best quarter ever, with revenue of $124.3 billion, up 4% from a year ago," said Cook, Apple's CEO. Cook also emphasized the company's focus on innovation, stating, "Through the power of Apple silicon, we're unlocking new possibilities for our users with Apple Intelligence, which makes apps and experiences even better and more personal. And we're excited that Apple Intelligence will be available in even more languages this April."
Price Action: Shares rose over 4% to $247.14, during the publication of this article, whereas the exchange-traded fund tracking Nasdaq 100, Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.85% to $527.50.
Apple has gained 28.84% over the last year and 6.98% in the last six months.
The average price target among 30 analysts <a href="https://www.benzinga.com/quote/AAPL/analyst-ratings">tracked by Benzinga</a> is $246.79 with a &#8216;buy&#8217; rating. The estimates range from $188 to $325 apiece. Recent ratings from Morgan Stanley, Evercore ISI Group, and BofA Securities suggest a $266.67 target, implying a potential upside of 8.45%.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/AAPL/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="381" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31071704/Apple-ANR-1024x381.png" alt="" class="wp-image-760024" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31071704/Apple-ANR-1024x381.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31071704/Apple-ANR-300x112.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31071704/Apple-ANR-768x286.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31071704/Apple-ANR.png 1066w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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Image via Shutterstock

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Apple Shares Jump Over 4% In Pre-Market After Tim Cook Calls Q1 'Best Quarter Ever' For iPhone Maker

INTC

Intel shares are trading higher following better-than-expected Q4 financial results.

Janus Henderson Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JHG#NYSE">JHG</a>) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $0.94 by 13.83 percent. This is a 30.49 percent increase over earnings of $0.82 per share from the same period last year. The company reported quarterly sales of $708.30 million which beat the analyst consensus estimate of $679.15 million by 4.29 percent. This is a 24.59 percent increase over sales of $568.50 million the same period last year.

Janus Henderson Group plc Ordinary Shares

Janus Henderson Group Q4 Adj EPS $1.07 Beats $0.94 Estimate, Sales $708.30M Beat $679.15M Estimate

Needham analyst Mike Matson reiterates ResMed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMD#NYSE">RMD</a>) from Hold to Hold.

Needham Reiterates Hold on ResMedto Hold

Northland Capital Markets analyst Tim Savageaux reiterates Viavi Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIAV#NASDAQ">VIAV</a>) with a Outperform and raises the price target from $13 to $14.

VIAV

Northland Capital Markets Reiterates Outperform on Viavi Solutions, Raises Price Target to $14

Northland Capital Markets analyst Gus Richard maintains Teradyne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>) with a Outperform and lowers the price target from $154 to $140.

Northland Capital Markets Maintains Outperform on Teradyne, Lowers Price Target to $140

Bristol Myers Squibb Says Committee For Medicinal Products For Human Use Of European Medicines Agency Ecommended Approval Of  Opdivo(nivolumab) Plus Yervoy(ipilimumab For First-line Treatment Of Adult Patients With Unresectable Or Advanced Hepatocellular Carcinoma, Based On Results From The Phase 3 CheckMate -9Dw Trial

ORRF

Orrstown Financial Services Reports Q4 EPS Of $0.71, Compared To $(0.41) Loss Per Share YoY

Mizuho analyst Vijay Rakesh maintains Mobileye Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) with a Neutral and lowers the price target from $17 to $16.

MBLY

Mizuho Maintains Neutral on Mobileye Global, Lowers Price Target to $16

SES AI Provides Preliminary Q4 Results: Sees Revenues In The Range Of $1.5M-$2.0M; Sees 2024 Year-end Liquidity Of $260M-$265M And No Debt Outstanding

Autozi Internet Technology Announced That It Entered Into A Definitive Securities Purchase Agreement With An Institutional Investor On January 27; Transaction Will Result In Gross Proceeds To The Company Of $27.5M

HTHIY

Hitachi Ltd. Raises FY24 Revenues And Net Income  Forecast, Expects Almost All KPIs Of The Mid-term Management Plan 2024 To Be Achieved

Bunge Extends Expiration Date for Exchange Offers and Consent Solicitations to March 7, 2025

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