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BUZZ-Growth in new memberships for insurance coverage better than expected, analysts say
** The Centers for Medicare & Medicaid Services said 23.6 million people have so far enrolled for coverage under Obamacare or Affordable Care Act, before the enrolment period closes for 2025 on Jan. 15** Brokerage Oppenheimer says the latest Open Enrollment period (OEP) is already shaping up to be a...Reuters
Wed, Jan 8
UPDATE 3-European shares dip as bond yields jump on rate, tariff jitters
Novo Nordisk up on UBS upgradeShell down on weaker Q4 LNG warningSTOXX 600 down 0.2%Updates with closing pricesBy Nikhil Sharma and Shashwat Chauhan Jan 8 (Reuters) - European shares dipped on Wednesday, as bond yields surged after investors priced in fewer interest rate cuts in Europe and the U....Reuters
Wed, Jan 8
BUZZ-Simply Good Foods down after first-quarter sales miss
** Shares of packaged food and beverage company Simply Good Foods SMPL.O down as much as 2.7% to $35.76** Company posts a Q1 net sales rise of 10.6% to $341.3 mln vs estimates of $347.4 mln, according to data compiled by LSEG** SMPL says excluding the contribution from its recent Only What You Need ...Reuters
Wed, Jan 8
CORRECTED-Sona Asset Management returns over 18% in European debt markets, letter says
Corrects paragraph 8 to clarify it was the company not the hedge fund which benefited from conditions in private creditBy Nell MackenzieLONDON, Jan 8 (Reuters) - Credit manager Sona Asset Management returned 18.76% in its Credit Master Fund in 2024, benefiting from a surge in European companies need...Reuters
Wed, Jan 8
BUZZ-US wind power companies down after Trump statement
** Shares of U.S.-based wind power companies down following President-elect Donald Trump's statement on Tuesday that he would try to ensure that no windmills are built on his watch** Trump has been critical of President Joe Biden's efforts to boost the U.S. green technology sector through the Inflat...Reuters
Wed, Jan 8
LIVE MARKETS-Seven policy risks that could spoil the party
Main U.S. indexes now slightly positive; S&P 500 gains ~0.13%Healthcare leads S&P 500 sector gainers; Comm Svcs weakest groupEuro STOXX 600 index off ~0.2%Dollar, gold higher; crude off ~1%; bitcoin down ~2%U.S. 10-Year Treasury yield edges down to ~4.68%Welcome to the home for real-time coverage of...Reuters
Wed, Jan 8
Cotton holds ground as focus turns to US supply-demand report
Jan 8 (Reuters) - ICE cotton futures were little changed on Wednesday as investors held back from making big bets ahead of the U.S. Department of Agriculture's (USDA) monthly supply-demand report.* Cotton contracts for March CTc1 rose 0.07 cent, or 0.1%, to 68.58 cents per lb at 11:19 a.m. ET (1619...Reuters
Wed, Jan 8
BUZZ-Insurance industry losses from Los Angeles wildfires to be high but manageable, JPM says
** J.P. Morgan says the overall insurance industry losses from the Los Angeles wildfires are likely to be high but manageable** A wildfire raged across Los Angeles on Tuesday destroying numerous buildings and causing jams as over 30,000 people were evacuated** Brokerage says very preliminary estimat...Reuters
Wed, Jan 8
1 Warren Buffett Stock That Could Go Parabolic in 2025 and Beyond
If you're looking for one of Warren Buffett's biggest gainers of this year, you may want to start with one of his worst performers in 2024. Sirius XM Holdings (NASDAQ: SIRI) was a painful stock to own last year. Shares of the satellite radio provider plummeted 58% in 2023.Sirius XM is one of the rou...The Motley Fool
Wed, Jan 8
BUZZ-AngioDynamics rises after forecasting smaller loss for 2025
** Shares of medical device maker AngioDynamics ANGO.O rise 31.6% to $12.37** ANGO now expects 2025 adj. loss per share between $0.34 and $0.38, down from its prior projection of between $0.38 and $0.42** Company continues to expect net sales in the range of $282 mln to $288 mln** Posts Q2 net sale...Reuters
Wed, Jan 8
BUZZ-Axon rises after TD Cowen initiates coverage with 'buy' rating
** Taser maker Axon Enterprise AXON.O shares up as much as 1.6% to $571.28** TD Cowen initiates coverage of AXON with a "buy" rating** Brokerage says AXON's T10 is a big technological upgrade over the previous generation and is the fastest-selling TASER device in history** Adds AXON's body cameras h...Reuters
Wed, Jan 8
BUZZ-Plains All American rises after $670 mln deal for three pipeline systems
** U.S. midstream company Plains All American PAA.O up 5.2% to $18.55 in morning trade** Company, after markets closed on Tuesday, announced three acquisitions in a cash deal of $670 million ** PAA acquired Ironwood Midstream Energy, which owns an Eagle Ford Basin gathering system, from EnCap Flatro...Reuters
Wed, Jan 8
Why Lucid Stock Jumped 38% in December
Shares of the electric vehicle (EV) maker Lucid Group (NASDAQ: LCID) soared last month as investor optimism toward the stock increased after the company said it had begun production of its new Gravity SUV. Investors also pushed shares higher after Lucid's CEO said he's open to discussing a potential...The Motley Fool
Wed, Jan 8
CANADA STOCKS-TSX falls on report of Trump mulling economic emergency for new tariffs
Updates with market opening pricesBy Ragini Mathur Jan 8 (Reuters) - Canada's main index fell on Wednesday, with investors taking stock of a report that said U.S. President-elect Donald Trump was considering declaring a national economic emergency to allow for new tariffs. The S&P/TSX composit...Reuters
Wed, Jan 8
BUZZ-Bank of Montreal rises after RBC upgrades to 'outperform'
** Shares of Canadian lender Bank of Montreal BMO.TO rise as much as 2.3%; last up 1.7% at C$141.42** RBC upgrades BMO to "outperform" from "sector perform"; raises PT to C$161 from C$133, a 15.7% upside to the stock's last close** Brokerage believes BMO is likely past its credit concerns with the s...Reuters
Wed, Jan 8
LIVE MARKETS-Hump-day economics: ADP, jobless claims, mortgages
Main U.S. indexes edge redComm Svcs weakest S&P 500 sector; Healthcare leads gainersEuro STOXX 600 index off ~0.4%Dollar, gold higher; crude slips; bitcoin down >1%U.S. 10-Year Treasury yield edges down to ~4.68%Welcome to the home for real-time coverage of markets brought to you by Reuters reporter...Reuters
Wed, Jan 8
BUZZ-Citigroup upgrades Carvana to 'buy'; shares reverse course in morning trade
Updates** Shares of used car retailer Carvana CVNA.N reverse course, down more than 2% to $195 after initially rising 2% in early trade** Brokerage Citigroup raises stock rating to "buy" from "neutral", marking a second stock upgrade this week** "CVNA is ramping inventory to meet increasing demand" ...Reuters
Wed, Jan 8
BUZZ-Premier falls on Jehoshaphat Research's short position
** Shares of healthcare company Premier PINC.O fall 1.7% to $20.73 ** Jehoshaphat Research said it has a short position in PINC, which is a major purchaser of medical products for U.S. hospitals** PINC's business has "meaningful customer concentration in some of these huge hospital systems", which ...Reuters
Wed, Jan 8
What's Going On With Intuitive Machines Stock?
The innovative space technology company is soaring to new heights.Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free »*Stock prices used were the afternoon prices of Jan. 5, 2025. The video was published on Jan. 7, 2025.Should you invest $1,000 ...The Motley Fool
Wed, Jan 8
