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Sunac China brings in new investor to restructure Chongqing Bay project

(Reuters) - Embattled property developer Sunac China on Thursday said a private credit firm will invest 2.48 billion Chinese yuan ($340.34 million) into restructuring debts for...

Take-Two stock drops on rival EA's lowered guidance

-- Shares of Take-Two Interactive (NASDAQ:TTWO) fell by 3% in pre-open trading Thursday as the company's stock reacted to its closest peer, Electronic Arts...

Union Pacific's quarterly profit rises on higher volumes, pricing

(Reuters) -Union Pacific reported a fourth-quarter profit on Thursday that rose 7% on the back of higher grain and fertilizer shipments and core pricing gains, sending the...

Wednesday's Insider Activity: Top Buys and Sells in US Stocks Revealed

This article summarizes the most significant insider buying and selling activities reported for US stocks on Wednesday, January 22, 2025. Top Insider Buys: TKO Group Holdings, Inc....

Kopin stock soars on Army IVAS interest

-- Kopin Corp (NASDAQ: KOPN) shares surged 22% in premarket trading, building on gains from the previous session. The spike follows a report by Breaking Defense that...

Loop Capital lifts SMCI target, 'remains an important company'

-- Loop Capital Markets raised its price target on Super Micro Computer (NASDAQ:SMCI) to $40 from $35 per share in a note Thursday, reiterating its Buy rating on the...

BlackRock CEO Fink advocates for tokenization of stocks and bonds

-- In a recent public statement, Larry Fink, the Chief Executive Officer of BlackRock (NYSE:BLK), expressed his support for the Securities and Exchange Commission...

Evolv Technology reduces workforce by 14% to cut costs

-- Evolv Technology, a manufacturer of security-screening products, announced on Thursday its plan to cut its workforce by 14%, which is approximately 40 jobs, in an...

Jefferies cuts target on travel, e-commerce stocks due to FX headwinds

-- Jefferies warned that a strengthening U.S. dollar poses a significant risk to the top-line growth of travel and e-commerce companies with significant international...

Palisades and Eaton fires insurance losses near $28 billion, KCC estimates

-- The insured losses from the recent Palisades and Eaton (NYSE:ETN) Fires are projected to approach $28 billion, according to the high-resolution KCC US Wildfire...

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