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Payments firm FIS rises after TD Cowen upgrades to 'buy'
** Shares of payments processing firm FIS rise 3.5% to $77.21** TD Cowen upgrades FIS to "buy" from "hold"; raises PT to $92 from $80, implying a 23.4% upside to stock's last close** FIS on Thursday agreed to buy rival Global Payments' GPN.N issuer solutions unit, which offe...
Reuters
Mon, Apr 21
Stifel raises PTs on Canadian gold miners
** Brokerage Stifel expects gold to continue to serve as a hedge against geopolitical, inflation and systemic risks** For Canadian miners, "we see Q1 as the "low watermark" for the year with higher production in the remainder quarters pairing with the gold price that so far in Q2 have st...
Reuters
Mon, Apr 21
Upexi surges after $100 million capital-raise as it pivots to stockpiling cryptocurrency
** Consumer products firm Upexi's UPXI.O shares jump nearly sevenfold; last up 550.5% at $14.93** UPXI enters into agreements with certain investors for sale of ~43.9 million shares, or pre-funded warrants, at $2.28 apiece in a private placement for gross proceeds of $100 million** Crypto tradin...
Reuters
Mon, Apr 21
TD Cowen downgrades Global Payments saying Worldpay deal muddies turnaround story
Investing.com -- TD Cowen downgraded Global Payments (NYSE:GPN) Inc. to Hold from Buy and slashed its price target to $78 from $110, warning that the company’s planned acquisition of Worldpay unde
Investing.com
Mon, Apr 21
MainStreet Bancshares Inc reports results for the quarter ended March 31 - Earnings Summary
MainStreet Bancshares Inc MNSB.OQ reported quarterly adjusted earnings of 25 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 36 cents. The lone analyst forecast for the quarter was for earnings of 21 cents per share. Revenue ...
Reuters
Mon, Apr 21
Street View: Economic uncertainties cast shadow on UnitedHealth
** UnitedHealth Group UNH.N reported an "unusual and unacceptable" quarterly earnings miss, leading to a lowered full-year outlook due to higher-than-expected medical costs** At least six brokerage cut PT on the stock, their median PT is $596.64 - LSEG data** Shares of the health insurer dow...
Reuters
Mon, Apr 21
Billionaire Bill Ackman Has 44% of His Hedge Fund's $13 Billion Portfolio Invested in 3 Outstanding Stocks
Billionaire investor Bill Ackman hopes to follow in the footsteps of his longtime hero, Warren Buffett. He has even explored some ways to create a modern-day version of the company that Buffett currently runs, Berkshire Hathaway.Ackman's investing style involves taking significant stakes in stocks h...
The Motley Fool
Mon, Apr 21
US STOCKS-Wall St tumbles as Trump takes aim at Fed Chair Powell
Indexes down: Dow 1.15%, S&P 500 1.20%, Nasdaq 1.39%Netflix gains after upbeat revenue forecastTesla slips after report of delay in Model Y launch By Lisa Pauline Mattackal and Purvi Agarwal April 21 (Reuters) - Wall Street's main indexes lost more than 1% each on Monday after U.S. Pr...
Reuters
Mon, Apr 21
Gold miners rise as bullion edges up on weaker dollar
** Shares of gold miners rise tracking gains in prices of the bullion GOL/** Spot gold XAU= up 2.6% at 3,415.39/ounce, supported by a weaker U.S. dollar, while uncertainty over the economic impact of U.S.-China trade tensions spurred demand for safe-haven bullion** A weaker dollar makes bullion more...
Reuters
Mon, Apr 21
Netflix gains as rosy forecast calms investor nerves amid tariff fears
By Joel Jose April 21 (Reuters) - Netflix shares rose about 3% on Monday after the streaming company reaffirmed its annual revenue forecast, assuring investors that it could withstand any economic downturn amid a tariff-laden economic climate.The company's co-CEO Greg Peters noted that the e...
Reuters
Mon, Apr 21
The Best Space Stock to Invest $100 in Right Now
Space exploration has undergone an incredible transition from government-led initiatives to ventures led by the private sector, with companies like SpaceX paving the way. According to McKinsey, the space economy is poised to skyrocket, potentially reaching a staggering $1.8 trillion by 2035. SpaceX ...
The Motley Fool
Mon, Apr 21
Capital One gains after Discover deal approved by US bank regulators
** Capital One COF.N shares rise 2.1% to $166 after U.S. banking regulators approve co's $35.3 bln purchase of Discover Financial Services DFS.N** DFS shares up 4% in early trading** Combined entity will become eighth largest bank covered by government deposit insurance, Fed said. Combined asset...
Reuters
Mon, Apr 21
Salesforce core business neglected on AI pivot, DA Davidson says downgrading co
Investing.com -- DA Davidson downgraded Salesforce.com (NYSE:CRM) to Underperform from Neutral, saying the company is prioritizing its artificial intelligence ambitions at the expense of its core busi
Investing.com
Mon, Apr 21
Oil stocks fall as US-Iran talks progress amid more market stress
** Shares of oil and gas companies fall tracking declining crude prices O/R** Brent crude LCOc1 down 2.3% at $66.36/bbl and U.S. WTI crude CLc1 down 2.3% at $63.14/bbl, hurt by signs of progress in talks between U.S. and Iran, while investors were concerned about economic headwinds from tariffs, whi...
Reuters
Mon, Apr 21
ASML Stock Falls on Weak Orders. Should Investors Buy the Dip?
Shares of ASML Holding (NASDAQ: ASML) slipped after the company's net bookings, or orders, came in below expectations, and it warned that tariffs were creating uncertainty. The stock has fallen about 30% over the past year, as of this writing, largely due to concerns related to Chinese trade restric...
The Motley Fool
Mon, Apr 21
Neogen rises after $130 million sale of cleaner and disinfectants unit to Kersia Group
** Food and animal safety products company Neogen's NEOG.O shares rise 8.3% to $4.75** NEOG says it has agreed to sell its global cleaners and disinfectants business to privately-held French company Kersia Group for $130 million in cash at closing** Transaction expected to be accretive to margin...
Reuters
Mon, Apr 21
First United Corp reports results for the quarter ended March 31 - Earnings Summary
First United Corp FUNC.OQ reported quarterly adjusted earnings of 89 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 56 cents. The lone analyst forecast for the quarter was for earnings of 80 cents per share. Revenue rose 26...
Reuters
Mon, Apr 21
CANADA STOCKS-TSX opens lower as Trump's Fed criticism shakes markets
April 21 (Reuters) - Canada's main stock index opened lower on Monday, dragged by losses in energy shares, while U.S. President Donald Trump's renewed criticism of Federal Reserve Chair Jerome Powell raised concerns about the central bank's independence and exacerbated risk-off sentiment...
Reuters
Mon, Apr 21
US STOCKS SNAPSHOT-Wall Street opens lower as Trump takes aim at Powell
April 21 (Reuters) - Wall Street's main indexes opened down on Monday after U.S. President Donald Trump's renewed attacks against Federal Reserve Chair Jerome Powell sparked concerns about the central bank's independence and rattled investors grappling with an escalating trade war.The Do...
Reuters
Mon, Apr 21
Patriot National Bancorp set for breather after 74% rally on Thursday
** Community lender Patriot National Bancorp's PNBK.O shares slide 17.8% to $2.70** Stock closed up 73.5% to $3.28 on Thursday ** Stamford, Connecticut-based bank last month raised over $50 million in a private placement** PNBK has 73.7 million outstanding shares for $241.8 million market...
Reuters
Mon, Apr 21
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