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DOGE to look into government loans to Stellantis JV and Rivian, Ramaswamy says

-- The recently formed Department of Government Efficiency will scrutinize multi billion-dollar loans to a Stellantis joint venture and Rivian from the government,...

NewStreet upgrades AT&T to Buy after guidance update

-- NewStreet Research has lifted its AT&T (NYSE:T) stock rating to Buy, citing newly updated stronger-than-expected guidance, robust share repurchase plans, and a...

Constellation Brands sells Svedka Vodka to Sazerac

Constellation Brands (NYSE:STZ) announced the divestiture of its Svedka vodka brand to Sazerac, a leading global spirits company. The transaction is anticipated to be finalized in...

Intel's ousted CEO Pat Gelsinger to receive $12 million severance

Pat Gelsinger, the former CEO of Intel (NASDAQ:INTC), is set to receive a severance package worth approximately $12 million, following his departure from the semiconductor giant....

Skechers shares surge on upbeat holiday sales commentary

Shares of Skechers USA (NYSE:SKX) rose as much as 6.2% in intraday trading, marking the largest rise since September 26. The boost in stock value came after the company's Chief...

Factbox-US targets China's chip industry with new restrictions

WASHINGTON (Reuters) -The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including...

Coherus shares surge on $558M Udenyca divestiture deal

On Tuesday, Coherus BioSciences, Inc. (NASDAQ:CHRS) saw its shares rise over 40% following the announcement of an asset purchase agreement with Intas Pharmaceuticals Ltd. for the...

Aflac shares dip as analysts weigh in on offered financial outlook

Shares of Aflac Incorporated (NYSE:AFL) fell by 3% as the insurer commenced its annual financial analysts briefing. Analyst Thomas Gallagher from Evercore ISI commented on the...

Applied Materials outlook unchanged after latest US crackdown on China chip exports

(Reuters) -Chip equipment maker Applied Materials (NASDAQ:AMAT) said on Tuesday it was not changing its outlook for the first quarter in response to the U.S. government's latest...

Australian pension funds TelstraSuper, Equip Super to merge

SYDNEY (Reuters) - Australian telecom major Telstra (OTC:TLGPY)'s pension fund arm TelstraSuper will merge with bigger peer Equip Super creating a combined fund that would manage...

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