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Oil stocks rally as US pushes cos to invest big in Venezuela
Shares of energy companies rally after U.S. military intervention in oil-rich Venezuela late last week Brent crude futures LCOc1 up 1.1% at $61.43 per barrel; U.S. West Texas Intermediate CLC1 up 1.3% at $58.1 per barrel *U.S President Donald Trump says Washington needs "total access" to...Reuters
Mon, Jan 5
EMERGING MARKETS-LatAm assets decline as markets weigh Venezuela upheaval
Venezuelan bonds rise on political upheaval, investor optimismRegional stocks gain, Peru benefits from metal price rallyEthiopia's bond gains after restructuring agreement announcementBy Ragini Mathur and Twesha Dikshit Jan 5 (Reuters) - Latin American assets retreated on Monday as investors ...Reuters
Mon, Jan 5
EXCLUSIVE-Novo Nordisk's US public affairs head leaves company, memo shows
US public affairs head Jennifer Duck leavesFollows major restructuring by CEO Mike Doustdar Novo striving to improve performance in key US marketBy Maggie Fick and Dan Levine LONDON/SAN FRANCISCO, Jan 5 (Reuters) - Danish obesity drugmaker Novo Nordisk's NOVOb.CO head of public affairs in the...Reuters
Mon, Jan 5
US big banks surge as Wall Street rallies
Shares of U.S. big banks Goldman Sachs GS.N, JPMorgan Chase JPM.N, Wells Fargo WFC.N, Bank of America BAC.N, Citigroup C.N, and Morgan Stanley MS.N climb in morning tradingGS up 4.6%, MS and JPM both up 3.2%, C up 3.6%, BAC up 2.6%, WFC up 2%Wall Street opened higher on Monday as tech stocks rebound...Reuters
Mon, Jan 5
Comcast spinoff Versant slips in Nasdaq debut as cable worries persist
Jan 5 (Reuters) - Shares of Versant Media Group VSNT.O, home to channels such as USA Network and CNBC, slumped more than 10% in its market debut after its spinoff from Comcast, underscoring investor skepticism around traditional TV businesses in the streaming era.Shares of Comcast CMCSA.O rose a...Reuters
Mon, Jan 5
Domino's Pizza falls after TD Cowen downgrades to 'hold'
Shares of Domino's Pizza DPZ.O down about 3% at $412.27 in early tradingTD Cowen downgrades stock to "hold" from "buy", cuts PT to $460 from $500Brokerage cites concerns over the pizza delivery category and low-income consumer challenges"While we appreciate management's a...Reuters
Mon, Jan 5
Topgolf Callaway unveils debt repayment, share buyback program; shares surge
Shares of golf equipment maker Topgolf Callaway Brands MODG.N up 6.3%Co announces $1 billion debt repayment and $200 million stock buyback programAlso completes sale of Topgolf unit to private equity firm Leonard Green & Partners, marking an end to partnership roughly five years after mergerCo i...Reuters
Mon, Jan 5
LIVE MARKETS-Green Monday: US stocks rise, Dow sets record intraday high
U.S. indexes rally; Dow out front, up >1%ISM manufacturing PMI at 47.9 v 48.4 estEuro STOXX 600 index up ~0.5%Dollar, crude gain; bitcoin, gold both up >2%US 10-Year Treasury yield dips to ~4.17%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can ...Reuters
Mon, Jan 5
Apollo to invest $1.2 billion in QXO; shares rise
Shares of building products distributor QXO QXO.N rise nearly 10.2% to about $21.7 in early tradingApollo Global Management agrees to invest $1.2 billion to pursue acquisition opportunities through July 15 this year, QXO saysQXO issues perpetual convertible preferred stock with 4.75% annual dividend...Reuters
Mon, Jan 5
Bank Stocks Jump. Goldman Sachs, Jeffrries up over 4%; Morgan Stanley, JPMorgan up over 3% to Record Highs; Bank of American, Wells Fargo up Around 2% to New Highs
Bank stocks jumped on Monday. Goldman Sachs, Jeffrries up over 4%; Morgan Stanley, JPMorgan up over 3% to record highs; Bank of American, Wells Fargo up around 2% to new highs.Tiger News
Mon, Jan 5
Canada's Minto Apartment REIT surges on $2.3 billion buyout
Canada's Minto Apartment MI_u.TO REIT rises nearly 26.8% to about $17.3 Co to be bought by Crestpoint Real Estate Investments and Minto Group affiliates in an all-cash take-private deal worth about $2.3 bln, including debtDeal represents a 32% premium to the security's last closing price on ...Reuters
Mon, Jan 5
Defense stocks rally after US military intervention in Venezuela
Shares of defense companies surge after U.S. military strikes on Venezuela late last week; U.S. captures President Nicolas Maduro U.S. President Donald Trump has threatened another strike against the country along with Colombia and Mexico and has said Cuba's communist government "looks like ...Reuters
Mon, Jan 5
US refiners gain on prospect of access to Venezuelan oil reserves
Shares of refiners gain after U.S. military intervention in oil-rich Venezuela late last weekBrent crude futures LCOc1 up 1.1% at $61.43/barrel and U.S. West Texas Intermediate crude CLC1 up 1.3% at $58.1/ barrelPrices rise fueled by the prospect of access to Venezuela's vast oil reserves after ...Reuters
Mon, Jan 5
Costco rises after Mizuho upgrades to 'outperform'
Shares of grocery shop retailer Costco Wholesale COST.O up 2% at $871.99Mizuho upgrades stock to "outperform" from "neutral", raises PT to $1,000 from $950Brokerage says co's biggest challenge is not lack of demand but managing overwhelming traffic at its busiest warehouses, note...Reuters
Mon, Jan 5
Lucid gains after beating fourth-quarter delivery estimate
Shares of electric vehicle maker Lucid Group LCID.O up 2.9% at $11.48 LCID reports it delivered a record 5,345 vehicles in Q4, above analysts' average estimate of 5,070 units, according to data from Visible Alpha Deliveries rose 31% from previous quarter, while production more than ...Reuters
Mon, Jan 5
Silver miners rise tracking white metal price
Shares of silver miners rise, tracking gains in the white metal's prices GOL/Spot silver XAG= rises 5.2% to $76.41 per ouncePrices rise driven by its designation as a U.S. critical mineral, persistent supply deficits and growing investor and industrial demandHecla Mining HL.N up 2%, Coeur Mining...Reuters
Mon, Jan 5
Versant Media plunges on debut after Comcast spinoff
Cable networks co Versant Media Group's VSNT.O shares fall ~14% to $40 on first day of tradingComcast CMCSA.O completes spinoff of cable networks division into VSNT; includes channels such as CNBC and USA NetworkExisting CMCSA shareholders received one share of VSNT Class A or Class B common sto...Reuters
Mon, Jan 5
Mizuho lowers Fortive to 'underperform'; shares fall
Shares of industrial equipment maker Fortive FTV.N fall 4% to $53.2 in early tradingMizuho downgrades co to "underperform" from "outperform"Cuts PT to $51 from $54; new PT represents 8% downside on stock's last closeBrokerage says it expects slow start to 2026 across more than ha...Reuters
Mon, Jan 5
BofA raises Avery Dennison's PT, citing positive macro trends
BofA raises price objective on packaging products maker Avery Dennison AVY.N to $198 from $195, maintains "buy" ratingNew PT represents an 8.5% upside from stock's last closeBrokerage expects Avery Dennison to benefit from improving macro trends, with intelligent labels driving growth in...Reuters
Mon, Jan 5
