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Why a Fund Trimmed an $18 Million Stake in Primo Brands Amid a 47% Stock Drop
Key PointsNew York City-based Nitorum Capital sold 420,586 PRMB shares in the third quarter. The move contributed to an $18.53 million reduction in reported position value.As of September 30, the fund reported holding 807,547 shares valued at $17.85 million.These 10 stocks could mint the next wave o...
The Motley Fool
Tue, Dec 23
Post-Bell|S&P Registers Record Close; Novo Nordisk Rallies over 7%; Nvidia Jumps 3%; Broadcom Gains over 2%; Amazon Rises 1.6%
01 Stock MarketThe U.S. major indexes closed as follows: the Dow Jones up 0.16% at $48,442.41, the S&P 500 up 0.46% at $6,909.79, and the Nasdaq Composite up 0.57% at $23,561.84.Unusual-move stocks: Nvidia (NVDA) up 3.01% at $189.21; Broadcom (AVGO) up 2.30% at $349.32; Amazon (AMZN) up 1.62% at $23...
Tiger News
Tue, Dec 23
Lantheus Exit: $28 Million Sale Comes as Earnings Fall 77% Year Over Year
Key PointsNew York City-based Nitorum Capital sold 344,444 shares of Lantheus Holdings in the third quarter. The net position change was approximately $28.2 million from the previous period.The move marked a full exit from LNTH, with Nitorum reporting no shares held as of September 30.These 10 stock...
The Motley Fool
Tue, Dec 23
2 Monster Stocks to Hold for the Next 5 Years
Key PointsAlphabet's Google continues to gain share in the cloud computing market.Microsoft has over 900 million people using AI features in its products.10 stocks we like better than Alphabet › Investors looking for solid stocks to buy for the next five years shouldn't overthink it. Sticking with e...
The Motley Fool
Tue, Dec 23
Could Investing $10,000 in Nvidia Make You a Millionaire?
Key PointsNvidia has an edge in artificial intelligence (AI) as it rolls out integrated computing options.It continues to grow at a fast rate and generate healthy profits.It's unlikely to reproduce its past gains.10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) has been an incredible sto...
The Motley Fool
Tue, Dec 23
Should You Invest $1,000 in Uber Right Now?
Key PointsUber's growing user base, increasing trip count, and higher revenue indicate strengthening network effects. The stock’s current valuation is very compelling, given the company’s earnings prospects. 10 stocks we like better than Uber Technologies › Uber Technologies (NYSE: UBER) is the defi...
The Motley Fool
Tue, Dec 23
UiPath CEO Daniel Dines sells some stake, shares rise
Shares of software company UiPath PATH.N rise 3.6% to $16.53 in extended tradingUiPath's CEO and Chairman, Daniel Dines, reported to the SEC that he sold 45,000 UiPath shares on December 22 and another 45,000 shares on December 23 at about $16.49 per shareDines still owns about 28.7 million UiPa...
Reuters
Tue, Dec 23
Armour Residential shares rise after dividend guidance
Shares of real-estate investment trust Armour Residential ARR.N rise more than 1% to about $17.7 in after-market trading Co expects to pay a cash dividend of $0.24 per share in January 2026ARR to be taxed as a REIT for U.S. federal income tax purposesIn order to maintain this tax status, ARR is requ...
Reuters
Tue, Dec 23
GLOBAL MARKETS-Equities rise after strong US data, yen firms on currency warnings
Wall Street gains with S&P 500 notching record closing highSTOXX stock index hit record close in EuropeYen gains with traders on alert to intervention riskGold, silver, platinum hit recordsBy Caroline Valetkevitch and Sinéad Carew NEW YORK/LONDON, Dec 23 (Reuters) - Major stock indexes advanc...
Reuters
Tue, Dec 23
Brazil's B3 approves 1.5 billion reais in extraordinary interest on equity
Dec 23 (Reuters) - B3 SA Brasil Bolsa Balcao B3SA3.SA:APPROVES 1.5 BILLION REAIS IN EXTRAORDINARY PAYMENT OF INTEREST ON EQUITY TO SHAREHOLDERS - BOARD MEETING MINUTESCHANGES 2025 PAYOUT GUIDANCE TO BETWEEN 110% AND 130% FROM 90-110% RANGE
Reuters
Tue, Dec 23
CANADA STOCKS-TSX ends higher for fourth straight day as commodity prices rise
TSX ends up 0.2% at 32,058.73Eclipses Monday's record closing highOctober GDP declines 0.3%Energy rises 0.6% as oil settles higherBy Fergal Smith Dec 23 (Reuters) - Canada's main stock index rose to another record high on Tuesday as resource shares notched gains, with investors taking in ...
Reuters
Tue, Dec 23
Ramaco Resources announces up to $100 million stock repurchase plan; shares rise
Shares of coal miner Ramaco Resources METC.O rise nearly 5% to about $17.7 in after-market tradingMETC approves initiation of 24-month share repurchase program of up to $100 million in Class A common stockThe board authorizes METC to enter into written trading plans under Securities Exchange Act of ...
Reuters
Tue, Dec 23
LIVE MARKETS-Green Christmas: S&P 500 edges its way to an all-time closing high
Main US indexes end greenComm Svcs leads S&P sector gainers; Staples weakest groupDollar, bitcoin down; crude up; gold gains ~1%US 10-year Treasury yield flat ~4.17%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at m...
Reuters
Tue, Dec 23
US STOCKS-S&P registers record close as growth stocks advance
US economic growth accelerates in Q3Growth stocks outperform valueServiceNow dips after deal to buy ArmisBy Chuck Mikolajczak NEW YORK, Dec 23 (Reuters) - U.S. stocks rose on Tuesday and the S&P 500 notched a closing record after a flurry of economic data that included a reading of econom...
Reuters
Tue, Dec 23
GLOBAL MARKETS-Equities rise after strong US data; yen firms on currency warnings
Wall Street gains with S&P 500 eyeing record closing highSTOXX stock index hit record in EuropeYen gains with traders on alert to intervention riskGold, Silver, Platinum hit recordsBy Caroline Valetkevitch and Sinéad Carew NEW YORK/LONDON, Dec 23 (Reuters) - Major stock indexes were up w...
Reuters
Tue, Dec 23
EMERGING MARKETS-Brazil, Mexican equities lead Latam stocks higher after cooler inflation data
Stocks rose 1.2%, currencies flatMexico, Peru stocks hit record highsBrazil's real among top currency gainersBy Niket Nishant and Twesha Dikshit Dec 23 (Reuters) - Latin American stocks advanced on Tuesday, with Brazilian and Mexican equities leading gains after mild inflation data, even as ...
Reuters
Tue, Dec 23
Jefferies says Goodman's Europe JV for data centres de-risks FY26-28 earnings
Jefferies says Australian data centre landlord Goodman Group's GMG.AX joint venture with Canada Pension Plan Investment Board to build data centers across Europe 'de-risks' FY26-28 earningsBrokerage expects development margins of about 60% across the four data centre projects in Paris, F...
Reuters
Tue, Dec 23
US STOCKS-S&P poised for record close as growth stocks gain
US economic growth accelerates in Q3Growth stocks outperform valueHuntington Ingalls up after Trump unveils new battleship plansIndexes up: Dow 0.24%, S&P 500 0.41%, Nasdaq 0.47%By Chuck Mikolajczak NEW YORK, Dec 23 (Reuters) - U.S. stocks rose on Tuesday and the S&P 500 was on track ...
Reuters
Tue, Dec 23
U.S. STOCKS ON THE MOVE-Invivyd, US natgas companies, New Era Energy
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock indexes erased early losses on Tuesday and the S&P 500 inched closer to record highs as latest economic data supported expectations for interest rate cuts from the Federal Res...
Reuters
Tue, Dec 23
LIVE MARKETS-UBS: Bullish on softlines
Main US indexes modestly greenComm Svcs leads S&P sector gainers; Real Estate weakest groupDollar down; bitcoin off ~1%; crude slightly positive, gold rises ~0.6%US 10-year Treasury yield flat ~4.17%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You ca...
Reuters
Tue, Dec 23
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