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BUZZ-Leerink Partners raises PT on Blueprint Medicines
** Brokerage Leerink Partners raises PT on biotech firm Blueprint Medicines Corp BPMC.O to $98 from $89; maintains "market perform" rating** New PT represents a 5.1% downside to the stock's last close** BPMC is testing BLU-808 for the treatment of mast cell disorders, a condition where the immune sy...Reuters
Tue, Jan 14
BUZZ-Glacier Bancorp jumps on $245 mln deal to buy Bank of Idaho
** Shares of regional lender Glacier Bancorp GBCI.N rise as much as 5.4%; last up 4.7% at $50.40** GBCI late Monday announced it had agreed to buy community lender Bank of Idaho BOID.PK in a $245.4 mln all-stock deal** BOID shareholders will receive 1.1 shares of GBCI for each share held, valuing th...Reuters
Tue, Jan 14
Why Portillo's Stock Skyrocketed Tuesday Morning
Shares of Portillo's (NASDAQ: PTLO) took flight Tuesday morning, jumping as much as 18.9%. As of 1:18 p.m. ET, the stock was still up 13.3%.The catalyst that sent the fast-casual restaurant stock higher was the company's preliminary financial results, which were surprisingly robust.Start Your Mornin...The Motley Fool
Tue, Jan 14
BUZZ-U.S. STOCKS ON THE MOVE-Fortinet, KB Home, Goldman Sachs
Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes fell on Tuesday as investors turned their attention to upcoming inflation data and quarterly earnings reports,...Reuters
Tue, Jan 14
Why Signet Stock Tumbled Today
Shares of Signet Jewelers (NYSE: SIG) were taking a dive after the company gave a disappointing update to the key holiday quarter and cut its forecast for the fourth quarter.As a result, the stock was down 25.6% on the news as of 11:47 a.m. ET.Where to invest $1,000 right now? Our analyst team just ...The Motley Fool
Tue, Jan 14
Over half a million ‘TikTok refugees’ flock to China's RedNote
By Eduardo Baptista, Krystal Hu, Doyinsola Oladipo Jan 14 (Reuters) - New users have piled in to Chinese social media app RedNote just days before a proposed U.S. ban on the popular social media app TikTok, as the lesser-known company rushes to capitalize on the sudden influx while walking a deli...Reuters
Tue, Jan 14
UPDATE 2-Saba's Weinstein takes swing at critics of plan to tackle UK investment trusts
Weinstein wants to unseat managers at seven UK investment trustsSaba says trusts' performance ranges from 'underwhelming' to 'disastrous'Trusts' managers have urged investors to reject the proposalsWeinstein says his proposals have increased investor valueRecasts with market context, adds quotes fro...Reuters
Tue, Jan 14
LIVE MARKETS-US stocks very expensive by one historical metric
Dow edges green, S&P 500 ~flat, Nasdaq slipsHealthcare weakest S&P sector; Utilities lead gainersDollar ~flat; gold edges up; bitcoin rallies >2%; crude off >1%U.S. 10-Year Treasury yield edges down to ~4.80%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. Y...Reuters
Tue, Jan 14
UPDATE 4-Lilly shares on track for worst day since 2021 after downbeat Zepbound sales forecast
Updates shares in paragraph 2; adds analyst and CFO comments in paragraphs 10, 12; adds graphicBy Bhanvi Satija and Patrick WingroveJan 14 (Reuters) - Eli Lilly's LLY.N stock tumbled 8% on Tuesday after it forecast fourth-quarter sales of weight-loss drug Zepbound below Wall Street estimates, marki...Reuters
Tue, Jan 14
BUZZ-PREVIEW: JPMorgan Q4 EPS, revenue seen rising
** Shares in biggest U.S. bank JPMorgan JPM.N up ~0.3% on Tues ahead of Q4 report due before market open on Weds** JPM seen reporting adj EPS of $4.11 vs $3.04 in year-ago quarter on rev of $41.73 billion vs $39.94 billion year-ago, according to LSEG** In last 8 quarters JPM rev met or beat Street e...Reuters
Tue, Jan 14
BUZZ-KB Home rises on upbeat 2025 housing revenue forecast
Updates** Shares of homebuilder KB Home KBH.N rise 3.1% to $66.15 ** Company forecasts 2025 housing revenue to be in the range of $7.00 bln to $7.50 bln, compared with $6.90 bln in 2024** Reports Q4 rev. of $2 bln, up 19% and roughly in line with Wall Street estimates** Post results, BofA Global Res...Reuters
Tue, Jan 14
BUZZ-Gold miners rise as bullion prices edge up on weak dollar
** Shares of gold miners up, as bullion prices extend gains GOL/** Spot gold XAU= is up 0.3% at $2,669.53/ounce after U.S. inflation data came in slightly weaker than expected, giving investors faint hope that the Federal Reserve would continue on its rate-easing path this year, sending the dollar l...Reuters
Tue, Jan 14
CORRECTED-UPDATE 1-Los Angeles money managers overseeing $4 trln grapple with wildfire impact on operations, staff
Corrects description of Oaktree in paragraph 12 to asset management firm, not a hedge fund firmAsset managers shift to remote working, check contingency plansHedge fund Anacapa Advisors' new office burned to the ground in Pacific PalisadesCOVID experience helping firms cope with wildfire planningBy ...Reuters
Tue, Jan 14
Think It's Too Late to Buy United Airlines? Here's the Biggest Reason Why There's Still Time.
After it rose by more than 135% in 2024, it's understandable if investors feel it's time for United Airlines (NASDAQ: UAL) stock to take a breather. That said, stock price charts have no memory, and the best gauge of value is based on earnings and future earnings potential rather than on the shape o...The Motley Fool
Tue, Jan 14
US STOCKS-Wall St slips as focus shifts to earnings, consumer inflation data
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.US producer prices rise moderately in DecemberBoeing dips following weak 2024 jet deliveries reportEli Lilly falls after weak sales forecast for weight-loss drugIndexes: Dow off 0.10%, S&P 500 ...Reuters
Tue, Jan 14
Why Eli Lilly, Novo Nordisk, and Viking Therapeutics Stocks All Dropped on Tuesday
Bad news for Eli Lilly (NYSE: LLY) stock dragged down shares of rival companies in the market for GLP-1 diet drugs on Tuesday. Lilly updated investors on its expected revenue for 2024 this morning, and gave new guidance for 2025 revenue as well -- and while its 2025 prediction was a bit more than Wa...The Motley Fool
Tue, Jan 14
LIVE MARKETS-BofA clients have been net buyers 10 weeks in a row
Main U.S. indexes now red; Nasdaq off most down ~0.6%Healthcare weakest S&P sector; Utilities lead gainersEuro STOXX 600 index off ~0.1%Dollar ~flat; gold up; bitcoin rallies >1%; crude off >1%U.S. 10-Year Treasury yield edges down to ~4.79%Welcome to the home for real-time coverage of markets broug...Reuters
Tue, Jan 14
BUZZ-Planet Fitness hits record high in wake of year-end update
** Shares of Planet Fitness PLNT.N rise 3% to record high of $104.60 on Tues, a day after the gym chain announced preliminary year-end results** PLNT, which presented at the annual ICR Conference on Mon, said ended 2024 with ~19.7 mln members and estimated its full year systemwide same-club sales g...Reuters
Tue, Jan 14
BUZZ-Boeing falls as 2024 deliveries drop to lowest since pandemic
** Shares of planemaker Boeing BA.N fall 2.9% to $165.63** Boeing's annual deliveries dropped in 2024 to the lowest level since the COVID-19 pandemic** BA delivered 348 commercial jets in 2024, down from 528 in 2023** New orders for jets in 2024 dropped to less than half of what Boeing recorded in 2...Reuters
Tue, Jan 14
