FactSet Research Systems Inc. inched up 0.2% to $301.75 after the investment data and information solutions provider reported strong results in the fiscal fourth quarter ended August 31.

Consolidated revenue edged higher 6.2% to $596.9 million from $562.2 million, net income jumped 71.6% to $153.6 million from $89.5 million, and diluted earnings per share advanced 73.7% to $4.03 from $2.32 a year ago.

FactSet guided full-year revenue to be between $2.305 billion and $2.325 billion, and diluted earnings per share between $14.80 and $15.40.

The company's board declared a quarterly dividend of $1.10 per share, which was paid on September 18 to shareholders of record as of August 29.

During the fiscal fourth quarter, FactSet repurchased 259,721 shares for $106.6 million at an average price of $410.51 under its prior repurchase program. 

As of September 1, $400 million remained available for repurchases under the new authorization approved by the company's Board on June 17.

Lennar Corp. fell 3.2% to $128.62 after the home builder reported results for the fiscal third quarter of 2025 ending on August 31.

Consolidated revenue decreased to $8.8 billion from $9.4 billion, net income declined to $591 million from $1.16 billion, and diluted earnings per share fell to $2.29 from $4.26 a year ago.

During the third quarter, Lennar returned a total of $507 million to shareholders through share repurchases of 4.1 million shares of common stock at an average share price of $122.97. 

As previously announced on February 10, Lennar Corporation completed its acquisition of Rausch Coleman Homes.

For the fourth quarter, Lennar expects to secure between 20,000 and 21,000 new orders and deliver between 22,000 and 23,000 new homes. 

The average sales price is projected to range from $380,000 to $390,000.

The gross margin percentage on home sales is expected to be approximately 17.5%, consistent with the third quarter, and SG&A as a percentage of home sales is anticipated to be between 7.8% and 8.0%.

Additionally, operating earnings from financial services are forecasted to be between $130 million and $135 million.

“Our third quarter results reflect both the continued pressures of today's housing market and the consistency of Lennar's operating strategy.

 This quarter, we delivered 21,584 homes and recorded 23,004 new orders. 

Achieving these results required additional incentives, resulting in a reduced average sales price of $383,000, and our gross margin drifted down to 17.5%, while our SG&A expenses came in at 8.2%, reflecting the soft market conditions." said Stuart Miller, Executive Chairman and Co-Chief Executive Officer of Lennar.

FedEx Corp. gained 5.5% to $238.91 after the parcel delivery company reported results for the fiscal first quarter ending on August 31.

Consolidated revenue increased to $22.2 billion from $21.6 billion, net income advanced to $820 million from $790 million, and diluted earnings per share rose to $3.46 from $3.21 a year ago.

FedEx completed $500 million in share repurchases through open market transactions during the quarter and repurchased 2.2 million shares, contributing a $0.02 benefit per diluted share to first-quarter results.

FedEx guided fiscal year revenue to increase between 4% and 6%, diluted earnings per share between $14.20 and $16.00 before the retirement plan adjustments, and $17.20 to $19.00 after excluding business optimization, the FedEx Freight spin-off, and fiscal year-end changes.

 The effective tax rate (ETR) is projected at 25%, and pension contributions are revised to up to $400 million, down from the previous forecast of $600 million.

FedEx reaffirmed $1 billion in permanent cost reductions from transformation and $4.5 billion in capital spending focused on network optimization, fleet, and automation in fiscal 2026. 

Japan Indexes Advanced Tracking Wall Street Gains, LDP Kicks Off Campaign for Leadership Race

Japan's benchmark indexes advanced on Monday, tracking Friday's Wall Street gains to new record highs.

The Nikkei 225 Stock Average increased 1.4%, and the broader Topix advanced 0.8% after investors reviewed rate decisions from major central banks.

The Bank of Japan left its key short-term rate unrevised and signaled its plan to start selling the ETF and J-REIT holdings, which were accumulated over the years of unorthodox monetary policy. 

The U.S. Federal Reserve lowered its key lending rate range by 25 basis points to between 4.0% and 4.25%, and the Bank of England kept its rate steady.

However, the Norges Bank lowered its policy rate by 25 basis points to 4.0%, and Norway's central bank signaled additional rate cuts if the broader economy evolves as projected. 

In Japan, the Tokyo-area inflation rate, and in India, a private survey on business activities is on tap. 

On the earnings front, Niitaka Co., New World Development, Asahi Co., and Mitachi Co. are scheduled to announce their interim results.

 Elsewhere in Asia, the People's Bank of China held its loan prime rates steady at record lows for the fourth consecutive month in September. The one-year rate remained at 3.0%, and the five-year rate stayed at 3.5%.

Japan Indexes and Stocks 

The Nikkei 225 Stock Average increased 1.4% to 45,688.93, and the broader Topix added 0.8% to 3,173.64. 

Semiconductor equipment makers led Monday's gainers in Tokyo trading, after Apple Inc launched the latest version of iPhone in the U.S. and many other countries. 

Tokyo Electron gained 4.7% to ¥26,805.0, Advantest Corp. increased 3.3% to ¥15,500.0, and Lasertec Corp. soared 11.5% to ¥21,405.0. 

Nintendo Co. Ltd. increased 0.5% to ¥12,865.0, Sanrio Ld. decreased 0.4% to ¥6,758.0, and Fujikura Ltd. added 1.7% to ¥14,205.0. 

Nippon Yusen KK decreased 1.6% to ¥5,360.0, Mitsui O.S.K. Lines dropped 2.2% to ¥4,672.0, and Kawasaki Kisen Kaisha Ltd. fell 2.7% to ¥2,220.50.

Japan Indexes Advanced Tracking Wall Street Gains, LDP Kicks Off Campaign for Leadership Race

Japan's benchmark indexes advanced on Monday, tracking Friday's Wall Street gains to new record highs.

The Nikkei 225 Stock Average increased 1.4%, and the broader Topix advanced 0.8% after investors reviewed rate decisions from major central banks.

The Bank of Japan left its key short-term rate unrevised and signaled its plan to start selling the ETF and J-REIT holdings, which were accumulated over the years of unorthodox monetary policy. 

The U.S. Federal Reserve lowered its key lending rate range by 25 basis points to between 4.0% and 4.25%, and the Bank of England kept its rate steady.

However, the Norges Bank lowered its policy rate by 25 basis points to 4.0%, and Norway's central bank signaled additional rate cuts if the broader economy evolves as projected. 

In Japan, the Tokyo-area inflation rate, and in India, a private survey on business activities is on tap. 

On the earnings front, Niitaka Co., New World Development, Asahi Co., and Mitachi Co. are scheduled to announce their interim results.

 Elsewhere in Asia, the People's Bank of China held its loan prime rates steady at record lows for the fourth consecutive month in September. The one-year rate remained at 3.0%, and the five-year rate stayed at 3.5%.

Japan Indexes and Stocks 

The Nikkei 225 Stock Average increased 1.4% to 45,688.93, and the broader Topix added 0.8% to 3,173.64. 

Semiconductor equipment makers led Monday's gainers in Tokyo trading, after Apple Inc launched the latest version of iPhone in the U.S. and many other countries. 

Tokyo Electron gained 4.7% to ¥26,805.0, Advantest Corp. increased 3.3% to ¥15,500.0, and Lasertec Corp. soared 11.5% to ¥21,405.0. 

Nintendo Co. Ltd. increased 0.5% to ¥12,865.0, Sanrio Ld. decreased 0.4% to ¥6,758.0, and Fujikura Ltd. added 1.7% to ¥14,205.0. 

Nippon Yusen KK decreased 1.6% to ¥5,360.0, Mitsui O.S.K. Lines dropped 2.2% to ¥4,672.0, and Kawasaki Kisen Kaisha Ltd. fell 2.7% to ¥2,220.50.

Hong Kong Stocks Turned Lower After Trump-Xi Call Yields Little Progress

Stock market indexes in China struggled to stay above the flatline and future rate paths amid macroeconomic and geopolitical uncertainties. 

The Hang Seng index decreased 1%, and the mainland-focused CSI 300 index inched lower 0.1%. 

The People's Bank of China left its one-year and five-year prime rates at 3.0% and 3.5%, respectively. 

The central bank held its key lending rates steady at record lows for the fourth consecutive month. 

The talk between the leaders of the two largest economies yielded little progress, denting the market sentiment and prolonging the trade-related uncertainties.

Late Friday, Trump-Xi talks covered several issues, including trade tariffs, the fate of TikTok's U.S. assets, and the Ukraine-Russia war. 

However, both leaders signaled a possible meeting on the sidelines of the Asia Pacific Cooperation Summit in Seoul, Korea, in October. 

The sweeping tariffs announced by the U.S. president have forced many Chinese companies to shift their manufacturing operations and seek new markets in the ASEAN region, the European Union, South America, and Africa.

Chinese goods are facing U.S. tariffs as high as 67%, and the elimination of the de minimis exemption has also sharply curtailed the sale of Chinese goods sold on e-commerce platforms, including Shein, Temu, and AliExpress.

US-China trade talks are likely to stall till the end of the year, when the current suspension is scheduled to expire in November and Chinese policymakers finalize their annual policy meeting in December.

Elsewhere in Asia, this week, investors are awaiting the release of the Tokyo-area inflation rate and India's private survey on business activities. 

China Indexes and Stocks 

The Hang Seng Index decreased 1% to 26,278.52, and the CSI 300 index eased 0.1% to 4,499.38. 

Stocks lacked momentum in Hong Kong amid worries that the lingering trade tensions and persistent weakness in the housing market are likely to sap the recent market enthusiasm.

ANTA Sports Products decreased 3.8% to HK$93.05 after a firework publicity stunt staged in Tibet drew scrutiny from local authorities.

ANTA-controlled outdoor apparel brand Arc’teryx organized a firework show with Chinese artist Cai Guo-qiang at the foothills of the Himalayas, drawing strong condemnation from the local population and authorities.

Sunny Optical Technology Group advanced 4.6% to HK$85.30, and SMIC edged higher 2.6% to HK$71.90. 

Hong Kong Stocks Turned Lower After Trump-Xi Call Yields Little Progress

Stock market indexes in China struggled to stay above the flatline and future rate paths amid macroeconomic and geopolitical uncertainties. 

The Hang Seng index decreased 1%, and the mainland-focused CSI 300 index inched lower 0.1%. 

The talk between the leaders of the two largest economies yielded little progress, denting the market sentiment and prolonging the trade-related uncertainties.

Late Friday, Trump-Xi talks covered several issues, including trade tariffs, the fate of TikTok's U.S. assets, and the Ukraine-Russia war. 

However, both leaders signaled a possible meeting on the sidelines of the Asia Pacific Cooperation Summit in Seoul, Korea, in October. 

The sweeping tariffs announced by the U.S. president have forced many Chinese companies to shift their manufacturing operations and seek new markets in the ASEAN region, the European Union, South America, and Africa.

Chinese goods are facing U.S. tariffs as high as 67%, and the elimination of the de minimis exemption has also sharply curtailed the sale of Chinese goods sold on e-commerce platforms, including Shein, Temu, and AliExpress.

US-China trade talks are likely to stall till the end of the year, when the current suspension is scheduled to expire in November and Chinese policymakers finalize their annual policy meeting in December.

China Indexes and Stocks 

The Hang Seng Index decreased 1% to 26,278.52, and the CSI 300 index eased 0.1% to 4,499.38. 

Stocks lacked momentum in Hong Kong amid worries that the lingering trade tensions and persistent weakness in the housing market are likely to sap the recent market enthusiasm.

ANTA Sports Products decreased 3.8% to HK$93.05 after a firework publicity stunt staged in Tibet drew scrutiny from local authorities.

ANTA-controlled outdoor apparel brand Arc’teryx organized a firework show with Chinese artist Cai Guo-qiang at the foothills of the Himalayas, drawing strong condemnation from the local population and authorities.

Sunny Optical Technology Group advanced 4.6% to HK$85.30, and SMIC edged higher 2.6% to HK$71.90. 

Scholastic Corp. plunged 12% to $23.39 after the education publishing company reported an increase in net loss for the first quarter ended August 31.

Consolidated revenue declined to $225.6 million from $237.2 million, net loss widened to $71.1 million from $62.5 million, and diluted loss per share increased to $2.83 from $2.21 a year ago.

The company paid $5.2 million in dividends and plans to continue share repurchases as market conditions allow, with $70.0 million remaining under its current board-approved repurchase authorization.

Net debt rose to $242.8 million from $152.1 million in the prior year, primarily due to working capital needs, dividends, and share repurchases.

Scholastic

Scholastic Corp. plunged 12% to $23.39 after the education publishing company reported an increase in net loss for the first quarter ended August 31.

Consolidated revenue declined to $225.6 million from $237.2 million, net loss widened to $71.1 million from $62.5 million, and diluted loss per share increased to $2.83 from $2.21 a year ago.

The company paid $5.2 million in dividends and plans to continue share repurchases as market conditions allow, with $70.0 million remaining under its current board-approved repurchase authorization.

Net debt rose to $242.8 million from $152.1 million in the prior year, primarily due to working capital needs, dividends, and share repurchases.

Darden Restaurants dropped 7% to $194.30 after the parent company of Olive Garden reported mixed results for the fiscal first quarter ending on August 24. 

Same-store sales in the quarter increased 4.7%, driven by a 5.9% rise at Olive Garden, 5.5% at LongHorn Steakhouse, and a 0.2% decline in its fine dining segment.

Total sales increased 10% to $3.0 billion from $2.8 billion, net income advanced $257.8 million from $207.2 million, and diluted earnings per share increased to $2.19 from $1.74 a year ago. 

The company guided fiscal 2026 sales to increase between 7.5% and 8.5%, including 2% growth related to the 53rd week, and same-store sales to increase between 2.5% and 3.5%.

U.S. Movers: Darden Restaurants, Scholastic

Darden Restaurants dropped 7% to $194.30 after the parent company of Olive Garden reported mixed results for the fiscal first quarter ending on August 24. 

Same-store sales in the quarter increased 4.7%, driven by a 5.9% rise at Olive Garden, 5.5% at LongHorn Steakhouse, and a 0.2% decline in its fine dining segment.

Total sales increased 10% to $3.0 billion from $2.8 billion, net income advanced $257.8 million from $207.2 million, and diluted earnings per share increased to $2.19 from $1.74 a year ago. 

The company guided fiscal 2026 sales to increase between 7.5% and 8.5%, including 2% growth related to the 53rd week, and same-store sales to increase between 2.5% and 3.5%.

Scholastic Corp. plunged 12% to $23.39 after the education publishing company reported an increase in net loss for the first quarter ended August 31.

Consolidated revenue declined to $225.6 million from $237.2 million, net loss widened to $71.1 million from $62.5 million, and diluted loss per share increased to $2.83 from $2.21 a year ago.

The company paid $5.2 million in dividends and plans to continue share repurchases as market conditions allow, with $70.0 million remaining under its current board-approved repurchase authorization.

Net debt rose to $242.8 million from $152.1 million in the prior year, primarily due to working capital needs, dividends, and share repurchases.

U.S. Movers: Darden Restaurants, Scholastic

Darden Restaurants dropped 7% to $194.30 after the parent company of Olive Garden reported mixed results for the fiscal first quarter ending on August 24. 

Same-store sales in the quarter increased 4.7%, driven by a 5.9% rise at Olive Garden, 5.5% at LongHorn Steakhouse, and a 0.2% decline in its fine dining segment.

Total sales increased 10% to $3.0 billion from $2.8 billion, net income advanced $257.8 million from $207.2 million, and diluted earnings per share increased to $2.19 from $1.74 a year ago. 

The company guided fiscal 2026 sales to increase between 7.5% and 8.5%, including 2% growth related to the 53rd week, and same-store sales to increase between 2.5% and 3.5%.

Scholastic Corp. plunged 12% to $23.39 after the education publishing company reported an increase in net loss for the first quarter ended August 31.

Consolidated revenue declined to $225.6 million from $237.2 million, net loss widened to $71.1 million from $62.5 million, and diluted loss per share increased to $2.83 from $2.21 a year ago.

The company paid $5.2 million in dividends and plans to continue share repurchases as market conditions allow, with $70.0 million remaining under its current board-approved repurchase authorization.

Net debt rose to $242.8 million from $152.1 million in the prior year, primarily due to working capital needs, dividends, and share repurchases.

U.S. Movers: Darden Restaurants, Scholastic

Darden Restaurants dropped 7% to $194.30 after the parent company of Olive Garden reported mixed results for the fiscal first quarter ending on August 24. 

Same-store sales in the quarter increased 4.7%, driven by a 5.9% rise at Olive Garden, 5.5% at LongHorn Steakhouse, and a 0.2% decline in its fine dining segment.

Total sales increased 10% to $3.0 billion from $2.8 billion, net income advanced $257.8 million from $207.2 million, and diluted earnings per share increased to $2.19 from $1.74 a year ago. 

The company guided fiscal 2026 sales to increase between 7.5% and 8.5%, including 2% growth related to the 53rd week, and same-store sales to increase between 2.5% and 3.5%.

Scholastic Corp. rose 1.7% to $24.23 after the publishing company reported weak quarterly resuls for the first quarter ended August 31.

Consolidated revenue declined to $225.6 million from $237.2 million, net loss widened to $71.1 million from $62.5 million. Diluted loss per share increased to $2.83 from $2.21 a year ago.

The company paid $5.2 million in dividends and plans to continue share repurchases as market conditions allow, with $70.0 million remaining under its current board-approved repurchase authorization.

Net debt rose to $242.8 million from $152.1 million in the prior year, primarily due to working capital needs, dividends, and share repurchases