SCI
NYSE · Diversified Consumer Services
Service Corp International
$84.21
+1.09 (+1.31%)
SCI News30 articles
SCI Shares Dip Despite Dividend Hike and $600M Buyback Authorization
SCI shares dropped 3.9% to $73.96 on June 15 as the company raised its quarterly dividend by 6% to $0.36 per share and expanded its buyback authorization to $600 million, while keeping 2026 guidance unchanged.
Postal Service Loss Narrows as Shipping Fees Boost Revenue, Aiding UPS and FedEx
USPS narrowed its quarterly loss to $2.5B, helped by an 8% parcel surcharge that lifted revenue per piece. The move bolsters pricing for UPS and FedEx, with markets eyeing CPI data.
Appeals Court Upholds $23B Student Loan Relief; Servicers Face Limited Risk
A federal appeals court kept the $23 billion student-loan relief settlement on track, expanding borrower coverage. Servicers Maximus and Nelnet face limited direct financial exposure.
Apple's Services Miss Clouds Strong Hardware Quarter
Apple's stock dropped 7.35% after Services revenue fell short, overshadowing strong iPhone and Mac sales. Tariff refunds made up most of the earnings beat.
ServiceNow Stock Jumps 6.9% on Q2 Beat, but Tepid Q3 Outlook Caps Rally
ServiceNow shares surged 6.9% on a $57M Q2 subscription revenue beat, but Q3 guidance fell short, limiting the rally. AI revenue surpassed $1B ACV.
Universal Health Services Slumps on Profit Warning; Buybacks Lift EPS
Universal Health Services shares dropped 5% in after-hours trading after the hospital operator lowered its 2026 profit outlook, citing Medicaid reimbursement uncertainty. Q2 EPS beat estimates but growth was mostly from share repurchases.
ServiceNow Shares Slide 3.7% on Weaker H2 Forecast
ServiceNow shares dropped 3.7% after its 2026 forecast suggested softer H2 performance, with subscription revenue $44.5 million below earlier projections.
ServiceNow Stock Slips on Q2 Backlog Concerns Despite Revenue Growth
ServiceNow shares declined 4.9% after Q2 backlog data disappointed, despite a revenue uptick. Investors await earnings, with focus on organic growth and AI impact.
ServiceNow Faces cRPO Growth Hurdle Ahead of Q2 Earnings Release
ServiceNow needs to exceed 20.5% cRPO growth to satisfy investor expectations ahead of its Q2 earnings report, with the stock closing at $102.06.
ServiceNow Stock Slips as Backlog Growth Takes Center Stage Ahead of Earnings
ServiceNow shares declined 2.7% as investors scrutinized the company's cRPO growth guidance of 19%, which trails its subscription revenue target of 22.5%, ahead of Q2 earnings.
HVAC Service Revenue Surges as UK Issues Air Conditioning Health Warnings
UK doctors warn that poorly maintained air conditioning can cause lung irritation, highlighting the growing importance of HVAC service revenue for companies like Carrier, Johnson Controls, and Trane.
IBM Warning on AI Spending Hits ServiceNow Stock, Testing Premium Valuation
ServiceNow shares fell sharply after IBM flagged that AI server and storage investments are diverting funds from software, raising scrutiny ahead of its Q2 results.
FCC Authorizes Reflect Orbital's Space Mirror Test; High-Cost Lighting Service Seen as Near-Term Focus
The FCC has approved Reflect Orbital's first space mirror test. CEO Ben Nowack's stated pricing of $5,000 per hour indicates a near-term focus on targeted lighting services rather than power generation.
Student Loan Overhaul Shifts Risk to Servicers and Private Lenders
The end of the SAVE plan and Grad PLUS loans for new borrowers is reshaping student credit, pushing risks to servicers and opportunities to private lenders.
ServiceNow Edges Higher in Premarket, but Volume Concerns Loom
ServiceNow (NYSE:NOW) gained 3.05% in premarket trading to $111.22, though volume remains weak and the stock still trades below its 200-day moving average.
Guggenheim Upgrades ServiceNow on AI Selloff Overreaction
ServiceNow shares jumped 3.6% after Guggenheim upgraded the stock to Buy, citing an overdone AI selloff and setting a $125 price target.
ServiceNow's $9B Surge Highlights Contract Backlog Value
ServiceNow surged 9.85% Friday, adding $9.1B in value, as software stocks rallied. The gain highlights its $12.64B Q1 contract backlog and a potential near-term bookings catalyst from price increases.
SpaceX Launches SiriusXM Satellite, Shifting Focus to Service Timeline
SpaceX launched SiriusXM's SXM-11 satellite, eliminating launch risk. The market's attention now turns to how quickly the satellite begins service, with the 74-day SXM-10 benchmark in focus.
Republic Services Adjusts Trash Collection Schedules Amid Extreme Heat
Republic Services (RSG) and Rumpke shift trash collection to earlier hours in Ohio and Indiana to avoid extreme heat, highlighting route timing's impact on costs and margins.
Accenture's Slashed Outlook Sinks IT Services Stocks
Accenture shares plunged 18% after cutting its fiscal 2026 sales growth outlook to 3-4%, triggering broad declines in IT services stocks and raising concerns over AI-driven growth.
AT&T Shares Stabilize After CFO Change and FCC Review of Legacy Voice Services
AT&T shares steadied at $22.44 after a 3.1% drop, with investors weighing CFO changes and FCC review of legacy voice service discontinuation.
ServiceNow Plunges as Software Stocks Sink on Hawkish Fed Outlook
ServiceNow shares plunged nearly 6% as software stocks sank on hawkish Fed rate concerns, despite a price target hike to $130 from Benchmark.
Quanta Services Rises on AI Power Demand and Record Backlog
Quanta Services surged 3.58% to $707.74, fueled by AI-driven power-grid demand, a record $48.5 billion backlog, and raised 2026 guidance, outperforming major indexes.
Emirates Cuts A380 Service on 10 Routes as Fuel Costs and Airspace Issues Hit Airlines
Emirates cuts A380 flights on 10 routes as fuel costs and airspace issues pressure airlines. IATA lowers 2026 profit forecast to $23 billion, with capacity cuts and higher fares expected.
ServiceNow Slides as AI Software Rally Faces Fresh Doubts
ServiceNow shares dropped nearly 6% as software stocks broadly declined, challenging the sector's AI-fueled rebound. Despite strong Q1 earnings and bullish analyst calls, concerns over valuation and deal delays persist.
London stocks dip as oil surge, weak services data weigh
UK equities slipped as rising oil prices and weak services data offset gains from B&M and Howden Joinery.
ServiceNow Retreats in Premarket After AI-Driven Rally
ServiceNow shares fell 2.17% in premarket trading Tuesday after a 9.24% surge Monday fueled by Nvidia's AI chip launch. The company reported strong Q1 results but faces margin headwinds from acquisitions and delayed Middle East contracts.
ServiceNow Surges as AI Agent Fears Recede, Software Stocks Rally
ServiceNow shares surged 8.5% after Nvidia's CEO eased AI agent concerns, fueling a broad software rally. The stock is now trading as an AI operating layer bet.
Verizon's No-Trade-In Phone Bundles Face Customer Service Challenges
Verizon's new no-trade-in phone bundles aim to drive postpaid growth, but customer reports of two-hour store waits and lower J.D. Power satisfaction ratings highlight service hurdles.
ServiceNow Shares Surge in May, AI Optimism Fuels Rebound
ServiceNow shares surged 40.8% in May, their best month since 2012 IPO, closing at $124.37. AI optimism drove enterprise software stocks higher.