News
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Lanvin Group Announces Leadership and Board Changes to Accelerate Growth and Strategic Initiatives
NEW YORK, Jan. 16, 2025 /PRNewswire/ -- Lanvin Group (NYSE: LANV) (the "Company") today announced key leadership and board changes designed to strengthen its position in the luxury fashion industry and further advance its strategic goals. These changes reflect the Company's ongoing commitm...PR Newswire
Thu, Jan 16
2 Magnificent Stocks to Buy That Are Near Their 52-Week Lows
Some investors believe you make money when you buy a stock, not when you sell it. The logic behind this idea is that investing in the right stock at the right time -- and holding onto it for a while -- is one of the best formulas for earning terrific returns.So, a company being near its 52-week low ...The Motley Fool
Thu, Jan 16
BUZZ-Life Time Group rises after preliminary Q4 revenue beats estimates
** Shares of fitness chain operator Life Time Group LTH.N rise 11.7% to $28 premarket** Co says it expects Q4 rev. to be between $661 mln and $663 mln, above analyst estimates of $643.8 mln - data compiled by LSEG** Co expects Q4 adj. EPS to be between 24 cents and 25 cents vs. analyst est. of 12 ce...Reuters
Thu, Jan 16
Automation firm Symbotic signs $200 mln deal to buy Walmart's robotics unit
Jan 16 (Reuters) - Symbotic SYM.O said on Thursday it would buy Walmart's WMT.N robotics business for $200 million in cash to help expand the retailer's automated supply chain, sending shares of the warehouse robotics firm up 20% in premarket trading.The automation firm reached another agreement wit...Reuters
Thu, Jan 16
Infosys: Strong growth of 6.1% YoY in CC, 80 bps YoY operating margin expansion
Large deal TCV of $2.5 billion including 63% net new; Headcount increased by 5,591 FY25 revenue guidance revised to 4.5%-5.0% BENGALURU, India, Jan. 16, 2025 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consult...PR Newswire
Thu, Jan 16
Should You Buy Berkshire Hathaway While It's Below $480?
Under the leadership of legendary investor and Chief Executive Officer Warren Buffett, Berkshire Hathaway (NYSE: BRK.B)(NYSE: BRK.A) has displayed a long track record of incredible success. For more than 6 1/2 decades, this powerhouse conglomerate has delivered annual returns of almost 20%, outpacin...The Motley Fool
Thu, Jan 16
CANADA STOCKS-Higher gold prices push TSX futures up
Jan 16 (Reuters) - Futures for Canada's main stock index inched up on Thursday, tracking Wall Street counterparts, as higher gold prices propped up the metal mining sector. March futures on the S&P/TSX index SXFcv1 were up 0.1% at 6.40 a.m. ET (1140 GMT).U.S. stock index futures also ticked up on Th...Reuters
Thu, Jan 16
3 No-Brainer, High-Yield Stocks to Buy Right Now for Less Than $200
Even after the broad market pullback in recent days, the S&P 500 is still only offering investors a miserly 1.2% yield or so. You can do way better than that with these three stocks, all of which offer yields of more than 4%. Here's why Chevron (NYSE: CVX), Black Hills (NYSE: BKH), and Enterprise Pr...The Motley Fool
Thu, Jan 16
BUZZ-Advanced Micro Devices pare gains on Wolfe Research downgrade
** Shares of Advanced Micro Devices AMD.O pared gains premarket to last trade 0.2% higher at $120.20** Wolfe Research downgrades rating to "peer perform" from "outperform"** Brokerage said downgrade based on lower expectation for datacenter GPU revenue this year; AMD is due to report Q4 and full-yea...Reuters
Thu, Jan 16
BUZZ-Street View: Citigroup's turnaround story improving, but expenses a concern
** Citigroup beat estimates for fourth-quarter profit, fueled by strength in trading and dealmaking, sending shares of the third-largest U.S. lender up 7.4% in afternoon trading on Wednesday** Median PT of 21 brokerages covering the stock is $86.5 - LSEG dataPLAYING CATCH-UP** J.P.Morgan ("neutral,"...Reuters
Thu, Jan 16
BUZZ-JP Morgan cuts PTs on utilities ahead of Q4, expects load growth to dominate print
** J.P. Morgan cuts PTs on four utilities ahead of Q4 earnings ** Brokerage trims Dominion's D.N ("neutral") PT to $58 from $62; says Q4's five-year capital plan refresh could see capex and higher rate base estimates in Virginia ** Duke Energy's DUK.N ("neutral") PT cut to $114 from $125; brokerage ...Reuters
Thu, Jan 16
BUZZ-Street View: JPMorgan's story remains 'best in class' across banking sector
** JPMorgan Chase's JPM.N annual profit rose to a record as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter, it reported on Wednesday** Avg rating of 23 brokerages covering the stock is "buy", median PT is $263.50 - LSEGFUNDAMENTALS REMAIN ROBUST** Barclays...Reuters
Thu, Jan 16
Morgan Stanley profit jumps on recovery in investment banking
Jan 16 (Reuters) - Morgan Stanley's MS.N profit increased in the fourth quarter, fueled by a wave of dealmaking.The investment bank's earnings grew to $3.7 billion, or $2.22 per share, it said on Thursday, compared with $1.5 billion, or 85 cents per share, a year earlier. (Reporting by Niket Nishant...Reuters
Thu, Jan 16
Is IonQ Stock a Buy Now?
IonQ (NYSE: IONQ) has established itself as a leader in quantum computing, a cutting-edge technology poised to transform machine learning and artificial intelligence (AI). Recent breakthroughs are beginning to address an expanding scope of real-world commercial applications. Strong company sales hav...The Motley Fool
Thu, Jan 16
UPDATE 1-Polestar expects delayed profitability as demand for EVs weakens, competition hurts
Adds shares, background and details in paragraphs 2,5-9Jan 16 (Reuters) - Polestar PSNY.O CEO said it would take longer for the Swedish EV maker to be profitable after the company reported it sold fewer cars in 2024 than it had projected, sending the company's U.S.-listed shares down about 8% in pre...Reuters
Thu, Jan 16
Is Ally Stock a Buy Now?
Last year ended up being great for banks. The Dow Jones U.S. Banks Index gained 37%, trouncing the S&P 500's 25% gain. Many banks have performed well despite economic volatility, and the sector got a nice boost from the Federal Reserve's interest rate cut in September.Ally Financial (NYSE: ALLY) did...The Motley Fool
Thu, Jan 16
Should You Forget Nvidia and Buy This Tech Stock Instead?
Everybody knows that Nvidia (NASDAQ: NVDA) is one of the most popular stocks on the market today. It's not only one of the most valuable stocks with a $3.24 trillion market cap on Jan. 13, but it's also very heavily traded. The daily dollar volume of Nvidia shares moving from one investor to another...The Motley Fool
Thu, Jan 16
US STOCKS-S&P 500, Nasdaq futures edge up with focus on earnings, economic data
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Bank of America up after higher Q4 profit UnitedHealth falls on missing quarterly sales estimatesDec. retail sales, weekly jobless claims data on tapFutures: Dow down 0.20%, S&P 500 up 0.30%, N...Reuters
Thu, Jan 16
BUZZ-Jefferies raises PT on Xenon Pharmaceuticals
** Brokerage Jefferies raises PT on drug developer Xenon Pharmaceuticals XENE.O to $65 from $60; maintains "buy" rating** New PT represents a 62% upside to the stock's last close** Brokerage says it sees a "catalyst-rich period" ahead for XENE, driven by multiple late-stage trials of co's experiment...Reuters
Thu, Jan 16
Here Are My Top 4 No-Brainer AI Stocks to Buy for 2025
Artificial intelligence (AI) investing has been a key theme for the market in 2023 and 2024, and I expect nothing to change in 2025. There are just too many investment dollars flowing into this space to ignore, and companies have barely scratched the surface of what's possible with AI.As a result, I...The Motley Fool
Thu, Jan 16
