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Dec 17, 2024
Alcon Top Pick for 2025 at Needham, added to Conviction List
-- Needham & Company marked Alcon (NYSE:ALC) as its top pick for 2025, adding the medtech stock to its Conviction List while raising the price target to $108 from...
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Dec 17, 2024
Canada to impose more tariffs on Chinese imports in new year
By Promit Mukherjee OTTAWA (Reuters) - Canada plans to impose tariffs on a slew of Chinese products from as early as next year, the government's fiscal update showed, as part of...
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Dec 17, 2024
Barclays downgrades WEX, Marqeta on growth concerns
-- Barclays downgraded Wex Inc (NYSE:WEX) and Marqeta Inc (NASDAQ:MQ) to equal weight from overweight, citing growth headwinds in both companies. For WEX, Barclays...
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Dec 17, 2024
Stellantis Italian plants to increase output from 2026, Europe's chief says
ROME (Reuters) - All Stellantis (NYSE:STLA) Italian production sites will remain active and will increase output from 2026 thanks to new models being introduced, Jean-Philippe...
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Dec 17, 2024
ECB to apply Danish compromise on insurers case by case, says Buch
FRANKFURT (Reuters) - The European Central Bank will apply a favourable regulatory treatment of banks' insurance holdings on a "case by case" basis, the ECB's top supervisor...
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Dec 17, 2024
Fuji Soft rejects Bain's raised buyout offer and sticks with KKR
TOKYO (Reuters) - Japanese IT firm Fuji Soft has reaffirmed its support for the second stage of a tender offer buyout from U.S. private equity firm KKR and came out against a...
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Dec 17, 2024
Express, Inc. settles SEC charges for undisclosed executive compensation
-- The Securities and Exchange Commission (SEC) has announced that it has settled charges with Ohio-based fashion retailer, Express, Inc. The company was accused of...
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Dec 17, 2024
Kosmos Energy shares surge after dropping Tullow Oil takeover bid
-- Shares of Kosmos Energy Ltd . (NYSE:KOS) soared 15% after the company announced it does not intend to make a firm offer to acquire Tullow Oil (LON:TLW) plc at...
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Dec 17, 2024
Is Tesla's stock surge a 'massive' options gamma squeeze - GLJ Research
-- Tesla (NASDAQ:TSLA)'s recent stock surge is under scrutiny, with GLG Research analyst Gordon Johnson questioning whether the increase is due to an options gamma...
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Dec 17, 2024
Morgan Stanley bullish on machinery industry, upgrades stocks
-- Morgan Stanley is bullish on machinery industry, raising sector rating to “attractive” for 2025, given the improved clarity on key equipment cycles. Brokerage...
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