Today's biggest winners and losers in the stock market.
- Siemens Energy said profit margins will swell to as much as 22% by 2030, driven by booming demand for gas turbines and power-grid equipment that more than doubled earnings last year.
- Vestas shares fall as much as 9.4% after the wind energy company posted earnings below expectations for the third quarter. Citi flags a miss on margins within the Power Solutions arm and says the new guidance ranges could lead to consensus cuts at the midpoint.
- Taylor Wimpey shares drop for a fifth consecutive session, falling as much as 5.7%, after the UK housebuilder lowered its home completions target for the year and said annual adjusted operating profits will hit the bottom-end of expectations. Analysts said higher mortgage rates are reducing affordability.