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Nordson Corp NDSN - News Analyzed: 3,491 - Last Week: 98 - Last Month: 434

β‡˜ Nordson Corporation Involves in Share Transactions, Outlines ESG Targets and Alters Earnings Guidance Amid Market Challenges

Nordson Corporation Involves in Share Transactions, Outlines ESG Targets and Alters Earnings Guidance Amid Market Challenges
Nordson Corporation's(NASDAQ:NDSN) recent notable actions consist of releasing its second-quarter results that was followed by analysts revising their outlooks. Lower profit and steady sales were reported for Q2, whereas CyberOptics Corporation's acquisition was finalized. Share transactions took placed, with groups like UBS Group AG, Brown Advisory Inc., Dimensional Fund Advisors LP, Beacon Pointe Advisors LLC and Teacher Retirement System of Texas making sizable modifications. Nordson also posted an ESG update and new climate targets. Second quarter earnings initially fell short of analyst estimates but then exceeded them. Earnings guidance for Q2 was updated, however, Nordson experienced a 10% fall in its stocks recently. A new Chief Human Resources Officer, Sarah Siddiqui was appointed aswell. A significant point was Nordson's Sales and Earnings guidance cut and its growth forecast downgrade due to market challenges. Nordson witnessed a negative stock performance recently but its fundamental strengths have kept it prominent.

Nordson Corp NDSN News Analytics from Mon, 21 Aug 2023 07:00:00 GMT to Sun, 26 May 2024 10:57:45 GMT - Rating -5 - Innovation -3 - Information 7 - Rumor 6

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