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GameStop unveils $35 billion pay plan for CEO Cohen tied to lofty targets
Jan 7 (Reuters) - GameStop on Wednesday unveiled a compensation package worth roughly $35 billion for CEO Ryan Cohen, hinging on a turnaround that requires him to lift the struggling videogame retailer's market value more than tenfold and sharply boost its profit.Hitting the targets will require...Reuters
Wed, Jan 7
TD Cowen changes PT on US oilfield services companies
TD Cowen changes PT on U.S.-based oilfield services company, following capture of Nicolás Maduro and as investors anticipate increased oilfield investment in VenezuelaBrokerage says increased investment in Venezuela will take time and need strong U.S. government guarantees"The stock move seems o...Reuters
Wed, Jan 7
PREVIEW-US bank profits to surge on investment banking jump in fourth quarter
Global investment banking revenue exceeded $100 bln, second best year everUS consumer finances remain healthy, but inflation and tariffs pose risksLoan growth and higher net interest margins to boost results, analysts sayBy Saeed Azhar NEW YORK, Jan 7 (Reuters) - The largest U.S. banks are ex...Reuters
Wed, Jan 7
Nestle infant formula recall widens to China, Brazil
LONDON, Jan 7 (Reuters) - Nestle's NESN.S recall of some batches of infant nutrition products has widened beyond Europe to the Americas and Asia, including China and Brazil, a tally from the company and national health ministry statements show. No illnesses have yet been confirmed in connection ...Reuters
Wed, Jan 7
Rare Earth Shares Gain With Critical Metals up 10%; UAMY up 6%; MP Materials up About 3%; The Metals up 2%
Rare earth shares gained on Wednesday. Critical Metals up 10%; UAMY up 6%; MP Materials up about 3%; The Metals up 2%.Critical Metals Corp. has approved the start of construction for a multi-use storage and pilot plant facility in Qaqortoq, Greenland, supporting the development of its Tanbreez rare ...Tiger News
Wed, Jan 7
Gold miners fall as investors book profit
Shares of gold miners fall, tracking the price of bullion GOL/Spot gold XAU= down 1.2% at $4,442.46/ouncePrices dip as investors book profits, while a stronger dollar weighs on sentiment across the precious metals complex ahead of key U.S. jobs data due this weekTop miner Newmont NEM.N falls 4.1% an...Reuters
Wed, Jan 7
GameStop climbs as CEO's pay tied to $100 billion valuation target
Videogame retailer GameStop's GME.N shares rise 4.7% to $21.64 Co announces performance-based compensation plan for CEO Ryan Cohen worth ~$35 blnPlan requires GameStop to reach $100 bln market cap and $10 bln EBITDA GME currently has a market cap of $9.26 bln Stock fell 35.9% in 2025Reuters
Wed, Jan 7
Albertsons falls after co forecasts tepid annual sales, profit
Shares of U.S. grocer Albertsons ACI.N down ~2% at $16.76 Co narrows annual identical sales forecast, hurt by stiff competition from larger rivals offering heavier holiday discountsForecasts identical sales growth in the range of 2.2% to 2.5%, compared to previous projection of 2.2% to 2.75%Expects ...Reuters
Wed, Jan 7
Silver miners plunge as metal prices drop due to dollar strength
Shares of silver miners fall, tracking a dip in the white metal's prices GOL/Spot silver XAG= falls 4.8% to $77.25 per ouncePrices fall as investors book profits and the dollar strengthened ahead of key U.S. jobs data due this weekHecla Mining HL.N down 10.5% and Coeur Mining CDE.N down 6.3%Cana...Reuters
Wed, Jan 7
If You Own UPS Stock, Take a Look at This Instead
Key PointsUPS stock offers a high-yielding dividend but sluggish long-term returns, making it a suboptimal pick for most investors.The logistics company delivers a lot of Amazon boxes to people's doors, and investors may want to consider shares in the e-commerce leader instead.Amazon has multiple gr...The Motley Fool
Wed, Jan 7
CANADA STOCKS-TSX opens lower as gold rally stalls
Canada's main stock index opened lower on Wednesday, easing from two consecutive sessions of record highs, as a pause in the precious metals rally pushed material stocks down. At 9:31 am ET, the S&P/TSX Composite index .GSPTSE was down 0.66% at 32,184.54 points.Reuters
Wed, Jan 7
Netflix gains as Warner Bros Discovery rejects Paramount's revised bid
Shares of streaming giant Netflix NFLX.O rise 1.1% to $91.60Warner Bros Discovery's WBD.O board unanimously rejects Paramount Skydance's PSKY.O revised $108.4 bln bid, flags risky leverageWBD reaffirms commitment to NFLX's $82.7 bln deal In 2025, Netflix gained 5.2%Reuters
Wed, Jan 7
US STOCKS SNAPSHOT-Wall St opens muted after AI-driven rally; labor data in focus
Jan 7 (Reuters) - Wall Street's main indexes opened muted on Wednesday, as investors took a breather after an AI-driven rally in the previous session, while awaiting a labor market report due later in the day. The Dow Jones Industrial Average .DJI rose 50.6 points, or 0.10%, at the open to 49,51...Reuters
Wed, Jan 7
