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BUZZ-Vir jumps on positive data from early-stage trials for tumor treatments
** Drug developer Vir Biotechnology's VIR.O shares rise 33.2% to $10.50 premarket** Co says its drugs VIR-5818 and VIR-5500 showed compelling response in patients with various solid tumors during early-stage trials** Says VIR-5818 showed tumor shrinkage in 50% of patients with various HER2 positive ...Reuters
Wed, Jan 8
Albertsons beats Q3 earnings estimates, issues upbeat profit guidance; stock up
Investing.com -- Albertsons (NYSE:ACI) shares popped 4% in premarket trading Wednesday after the grocery store chain operator reported third-quarter earnings above market estimates and issued upbeat aInvesting.com
Wed, Jan 8
2 Breakout Growth Stocks You Can Buy and Hold for the Next Decade
Buying and holding solid companies for the long run is a tried and tested way of making money in the stock market, and that's not surprising as it allows investors to benefit from the power of compounding and also enables them to capitalize on secular growth trends in various industries.For instance...The Motley Fool
Wed, Jan 8
BUZZ-Kepler cuts Siemens Energy to 'hold' on priced-in mid-term view
** Kepler Cheuvreux cuts German turbine and generator maker Siemens Energy ENR1n.DE to "hold" from "buy", saying the 2024-2028 guidance is reflected in consensus which limits scope for positive revisions in the near term** Ahead of Q1 results, due on Feb. 12, Kepler says the company is well placed t...Reuters
Wed, Jan 8
BUZZ-Palo Alto Networks falls after BTIG cuts rating on slowing growth
** Cybersecurity company Palo Alto Networks' PANW.O shares fall 2.7% to $170 premarket ** Brokerage BTIG cuts PANW's rating to "neutral" from "buy"** BTIG says it does not see the company growing more than 15% and thinks growth could fade into "the low double-digit range in coming years"** "We think...Reuters
Wed, Jan 8
BUZZ-Brokerages downgrade payroll processing firm Paycor
** Stifel cuts stock rating for Paycor HCM PYCR.O to "hold" from "buy", trims PT to $22.50 from $25** "While we continue to expect a muted public M&A environment surrounding human capital management products due to the limited number of available targets, we anticipate the broader software M&A marke...Reuters
Wed, Jan 8
European wind stocks take beating after Trump calls turbines 'garbage'
FRANKFURT, Jan 8 (Reuters) - European wind power stocks fell on Wednesday after U.S. President-elect Donald Trump said he would try to ensure that "no windmills" are built on his watch, criticising the sector less than two weeks before he is due to take office.Trump's latest swipe against the indust...Reuters
Wed, Jan 8
1 Growth Stock Down 6% to Buy Right Now
You can break the stock market into different components, such as investing styles. These are growth and value stocks.Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free »Growth stocks have recently attracted investor interest. The Russell 3000 G...The Motley Fool
Wed, Jan 8
BUZZ-US grocer Albertsons rises after annual profit forecast raised
** Shares of U.S. grocer Albertsons ACI.N up ~3% at $20.35 premarket** Co raises annual adj. profit forecast to between $2.25 and $2.31 per share vs prior range of $2.20 to $2.30** ACI logs Q3 adj. profit of 71 cents per share vs analysts' avg. est. of 66 cents - data compiled by LSEG** Co sued Krog...Reuters
Wed, Jan 8
Arcadium Lithium Receives CFIUS Clearance for Proposed Acquisition by Rio Tinto
PHILADELPHIA and PERTH, Australia, Jan. 9, 2025 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium"), a leading global lithium chemicals producer, announced that the Committee on Foreign Investment in the United States (CFIUS) has concluded its review of the prop...PR Newswire
Wed, Jan 8
3 No-Brainer Warren Buffett Stocks to Buy Right Now
Warren Buffett's Berkshire Hathaway owns one of the world's most closely watched stock portfolios. It holds stakes in 46 stocks and exchange-traded funds that are worth $296.8 billion, or 30% of its entire market capitalization.Investors often follow the conglomerate's portfolio for investment ideas...The Motley Fool
Wed, Jan 8
Acuity Brands Inc reports results for the quarter ended November 30 - Earnings Summary
Acuity Brands Inc AYI.N reported quarterly adjusted earnings of $3.97 per share for the quarter ended November 30, higher than the same quarter last year, when the company reported EPS of $3.72. The mean expectation of nine analysts for the quarter was for earnings of $3.89 per share. Wall Street...Reuters
Wed, Jan 8
Quantum computing stocks take a hit as Nvidia CEO predicts long road ahead
Jan 8 (Reuters) - Quantum computing stocks sank on Wednesday, pausing a year-long rally, after Nvidia NVDA.O CEO Jensen Huang said the technology's practical use was likely two decades away.The long wait outlined by Huang for "very useful quantum computers" throws cold water on a sector that was alr...Reuters
Wed, Jan 8
BUZZ-Twilio gains after Mizuho raises PT, upgrades to 'outperform'
** Cloud communications platform Twilio's TWLO.N shares rise 1.6% to $111.56 premarket** Mizuho upgrades rating on stock to "outperform" from "neutral" and raises PT to $140 from $85, implying an upside of ~27% to stock's last close** "We believe that greater clarity on the drivers of the top-line s...Reuters
Wed, Jan 8
GLOBAL MARKETS-Treasury yields keep rising on growth hopes, tariff fears, stocks suffer
Traders reduce bets on U.S. rate cuts in 2025US inflation worries resurface before Friday's payrolls data New tariff report also in mix European shares fall, U.S. futures down 0.35% British assets underperform, gilts, stocks pound all sell offUpdates after European morning tradingBy Alun John LON...Reuters
Wed, Jan 8
This Stock-Split Stock Is Up by Nearly 360% Over the Past 5 Years, but Is It a Buy Now?
Few stocks have had as good a run as Palo Alto Networks (NASDAQ: PANW) has had over the past five years. The cybersecurity company's stock has risen by nearly 360%, which prompted management to conduct a 2-for-1 stock split on Dec. 16. While a stock split is mostly cosmetic, and doesn't change anyth...The Motley Fool
Wed, Jan 8
CANADA STOCKS-TSX futures flat after report on Trump's plan for new tariffs
Jan 8 (Reuters) - Futures tied to Canada's main stock index struggled to find direction on Wednesday, after a report said U.S. President-elect Donald Trump was considering declaring a national economic emergency to allow for a new tariff program.March futures on the S&P/TSX index SXFcv1 were down 0....Reuters
Wed, Jan 8
ANALYSIS-Beaten-down European stocks lure investors back as Trump trades wobble
STOXX 600 down 0.7% this month, outperforming 3% S&P 500 fallEuropean equity funds see first weekly inflow since OctoberLow valuations, Trump uncertainties aid European stocksBy Naomi Rovnick LONDON, Jan 8 (Reuters) - Beaten-down European stocks are luring investors back after a record underperfo...Reuters
Wed, Jan 8
LIVE MARKETS-BofA sees upside for UK banks
STOXX 600 down 0.5%UK yields hit highest since 2008Trump reportedly mulls declaration to allow for tariffsWall St futures edge lowerWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comBOF...Reuters
Wed, Jan 8
