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Dec 16, 2024
Microchip shares slide pre-market as BofA cuts rating to 'underperform'
-- Shares of Microchip Technology (NASDAQ:MCHP) were trading over 3% lower in pre-open trading on Monday following a downgrade by BofA Securities to “underperform”...
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Dec 16, 2024
More UK companies could relist in US - Goldman
- Ashtead (LON:AHT) has proposed moving its listing to the US from the UK, and Goldman Sachs sees the potential for more companies going down the same route. The...
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Dec 16, 2024
Lyft gains as CEO says San Francisco share losses could be overblown
-- Lyft (NASDAQ:LYFT) CEO David Risher said that concerns over the company's market share losses in San Francisco may be overblown. “SF is a growing market for...
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Dec 16, 2024
Micron earnings next catalyst for semiconductor sector, Susquehanna highlights
On Monday, Susquehanna International Group options strategist Christopher Jacobson highlighted the upcoming earnings report from Micron Technology, Inc. (NASDAQ:MU) as a...
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Dec 16, 2024
US stocks to rally into year-end but correction is 'likely early in the New Year': Fairlead
On Monday, Fairlead Strategies released an analysis indicating that the S&P 500 (SPX) is currently experiencing a consolidation phase. This pattern comes as a result of a recent...
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Dec 16, 2024
Ford down after Jefferies downgrade stock to ‘underperform’
-- Ford Motor Company (NYSE:F) shares were down more than 3% before the opening bell on Monday, after Jefferies downgraded the American carmaker to "underperform"...
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Dec 16, 2024
JANA seeks overhaul at Lamb Weston, cites performance woes
JANA Partners, an influential shareholder of Lamb Weston Holdings, Inc. (NYSE:LW), has called for a substantial shake-up of the company's board and leadership. In a letter released...
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Dec 16, 2024
EP Group secures Royal Mail with UK government deal
The UK government has reached an agreement with Daniel Kretinsky's EP Group, allowing the Czech billionaire's industrial conglomerate to proceed with the acquisition of...
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Dec 16, 2024
MicroStrategy boosts bitcoin holdings to 439,000
MicroStrategy Inc . (NASDAQ:MSTR), a prominent player in the cryptocurrency space, has announced the acquisition of an additional 15,350 bitcoins, expanding its holdings to...
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Dec 16, 2024
Delta Galil eyes US IPO, submits confidential filing
Delta Galil Industries, a global manufacturer and marketer of branded and private label apparel products, has taken the first step towards a US initial public offering (IPO) by...
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