News
Important Only
TreeHouse Foods rises on cost-reduction actions
** Shares of food processing company TreeHouse Foods THS.N rise 8.9% to $23.58 ** THS says it is implementing cost-savings actions to enhance profitability and cash flow, while improving quality and service levels** Co says Scott Tassani, executive vice president, business president and chief commer...Reuters
Fri, Apr 11
LIVE MARKETS-Wall Street gyrates lower in volatile trade
Main US equity indexes modestly red: Dow off ~0.3%Apr U Mich sentiment preliminary 50.8 vs 54.5 estimateEuro STOXX 600 index down ~0.5%Dollar falls; crude ~flat; gold up >1%; bitcoin up >2%U.S. 10-Year Treasury yield jumps to ~4.54%Welcome to the home for real-time coverage of markets brought ...Reuters
Fri, Apr 11
Scotiabank upgrades EOG Resources on reasonable valuation, growth potential
** Scotiabank upgrades energy firm EOG Resources EOG.N to "outperform" from "sell", trims PT to $130 from $150 ** Brokerage says EOG has strong financial position, which will be attractive to investors in uncertain market conditions** Co has good mix of oil and gas assets, which shou...Reuters
Fri, Apr 11
CANADA STOCKS-TSX rises following US bank earnings even as tariff turmoil looms
By Sanchayaita Roy April 11 (Reuters) - Canada's main stock index advanced on Friday, led by gains in materials stocks, following strong earnings from U.S. big banks including JPMorgan, while investors treaded carefully amidst heightened U.S.-China trade tensions.Toronto Stock Exchange's...Reuters
Fri, Apr 11
US STOCKS-Wall St dips on tariff worries, big banks kick off earnings season
Indexes down: Dow 0.31%, S&P 500 0.25%, Nasdaq 0.24%JPMorgan up after beating quarterly profit estimatesBeijing increases tariffs on US imports to 125%By Shashwat Chauhan and Purvi Agarwal April 11 (Reuters) - Wall Street's main indexes dipped in choppy trading on Friday after China incre...Reuters
Fri, Apr 11
Why Shares in Data Center Equipment Company Vertiv Surged This Week
Shares in data center equipment company Vertiv (NYSE: VRT) rose by 14% in the week ending Friday morning. This is an excellent performance, but the stock is still down more than 40% this year. This week's positive move helps to shed light on the key driver of the stock at the moment -- sentiment ove...The Motley Fool
Fri, Apr 11
Fastenal Co reports results for the quarter ended March 31 - Earnings Summary
Fastenal Co FAST.OQ reported quarterly adjusted earnings of 52 cents per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of thirteen analysts for the quarter was for earnings of 52 cents per share. Wall Street expected results to range from 51 c...Reuters
Fri, Apr 11
Lucid Stock Jumped This Week, but Here's Why It Might Not Last
It's been an incredibly turbulent week for stocks in the electric vehicle (EV) sector and for markets in general. As of early Friday morning, the Nasdaq Composite index was 5.4% higher for the week mainly thanks to Wednesday's historic rally.Shares of EV maker Lucid Group (NASDAQ: LCID) were doing e...The Motley Fool
Fri, Apr 11
Gold miners gain as spot prices scale new record peak
** Gold miners rise, tracking bullion prices GOL/** Spot gold XAU= up 1.8% to $3,230.75 an ounce; after hitting a record high of $3,237.56 earlier in the session, spurred by a weak dollar and concerns due to an intensifying trade war ** Bullion is up over 6% this week ** Newmont NEM.N and ...Reuters
Fri, Apr 11
ANALYSIS-From near $1 to tariff war winner, euro confounds its naysayers
Euro gains against dollar as investors shift from U.S. assetsEuro hits three-year high, biggest one-day jump in nine years European investors leaving U.S. assets can fuel more gainsBy Yadarisa Shabong, Stefano Rebaudo and Alun John April 11 (Reuters) - The euro has emerged as a surprise winner of...Reuters
Fri, Apr 11
2 Warren Buffett Stocks to Buy Hand Over Fist in April
In times of uncertainty, investors turn to areas of relative certainty, and one such area is Warren Buffett's mastery of investing when others are fearful. Consequently, it makes sense to look into what Buffett is holding in his Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) investment portfolio. He...The Motley Fool
Fri, Apr 11
Walmart rises after brokerage Mizuho starts coverage with 'outperform' rating
** Shares of retail giant Walmart WMT.N up ~1% at $91.84** Brokerage Mizuho Securities USA starts coverage on stock with "outperform" rating and $105 PT ** WMT leadership story has not changed all that much; company offers defensive posturing in parallel with a structurally higher margin pr...Reuters
Fri, Apr 11
Sarepta rises after Wells Fargo starts coverage with 'overweight' rating
** Shares of gene therapy maker Sarepta Therapeutics SRPT.O rise 1.8% to $51.19 ** Wells Fargo starts coverage on SRPT with "overweight" rating and sets PT at $115** The new price target represents more than double the upside to stock's last close** Brokerage says SRPT's muscle disor...Reuters
Fri, Apr 11
Schonfeld's flagship fund up 0.5% in the month through April 8
By Carolina Mandl and Svea Herbst-Bayliss NEW YORK, April 11 (Reuters) - Schonfeld's flagship hedge fund Strategic Partners was up 0.5% in the month through April 8, a source familiar with the matter said, navigating a time of great market turbulence with gains.In the year through April 8, Sc...Reuters
Fri, Apr 11
Baltic index logs fourth weekly loss on lower panamax, supramax demand
April 11 (Reuters) - The Baltic Exchange's dry bulk sea freight prices rose slightly on Friday, even as the index marked its fourth straight weekly loss due to lower demand among panamax and supramax vessel segments amid a global trade war.* The main index .BADI, which monitors rates for capesiz...Reuters
Fri, Apr 11
US Banks: JPMorgan, Morgan Stanley rise on Q1 profit beat; Wells Fargo falls
JPMorgan & Chase ** Shares of largest U.S. lender JPMorgan & Chase JPM.N rise more than 3% to $234.11 in choppy trading** JPM reports adj. Q1 profit of $4.91/shr, beating analyst's avg. estimate of $4.61/shr - data compiled by LSEG ** Co reports record equities trading and higher fe...Reuters
Fri, Apr 11
Nasdaq Bear Market: Could Buying Nvidia Today Set You Up for Life?
With the Nasdaq Composite in bear market territory, many stocks look like absolute bargains compared to their previous values. One of those stocks is Nvidia (NASDAQ: NVDA), which has been practically the No. 1 stock to own in the market since 2023.With the stock down around 35% from its all-time hig...The Motley Fool
Fri, Apr 11
Prediction: MercadoLibre Stock Will Beat the Market. Here's Why.
It's been quite a week for the stock market. Although it reached down into bear territory, it has also proven resilient at certain moments. There have been wild swings, and by the time this is published, it could again look a whole lot different.The S&P 500 is the standard market index, but it only ...The Motley Fool
Fri, Apr 11
