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Incyte falls after late-stage data from experimental skin disease drug
** Drugmaker Incyte Corp's INCY.O shares fall ~14% to $58.5 premarket** Co's experimental drug, povorcitinib, meets the main goal of two separate late-stage studies testing it in patients with an inflammatory skin condition called hidradenitis suppurativa** At least three analysts said that ...
Reuters
Mon, Mar 17
Is This Stock's Massive 14.3% Dividend Yield Sustainable?
AGNC Investment (NASDAQ: AGNC), with a forward dividend yield of 14.3% as of this writing, is one of the market's highest-yielding stocks. It also pays monthly dividends.That massive dividend might look tempting, but is it sustainable? Let's dig deeper into AGNC's business model to see if it's a hig...
The Motley Fool
Mon, Mar 17
Mizuho lowers Tesla and Rivian Price Targets amid EV demand concerns
** Brokerage Mizuho says tariff uncertainty and regulatory loosening in the EU might lead to softer demand for electric vehicles and autos from U.S.-based companies like Tesla TSLA.O and Rivian RIVN.O ** Mizuho cuts PT for Tesla to $430 from $515 and Rivian to $11 from $13** Shares of Tesla fall 1.1...
Reuters
Mon, Mar 17
Kirkland's Inc
expected to post earnings of 59 cents a share - Earnings Preview
Kirkland's Inc KIRK.OQ KIRK.O is expected to show a fall in quarterly revenue when it reports results on March 19 (estimated) for the period ending January 31 2025The Brentwood Tennessee-based company is expected to report a 9.6% decrease in revenue to $150.093 million from $165.95 million a y...
Reuters
Mon, Mar 17
AerSale ascends as sponsor Leonard Green heads for the exits
** Shares of aviation products/services firm AerSale ASLE.O up 3.7% premarket to $8.70, about a 10-mth high, as Leonard Green slashes remaining stake** Doral, Florida-based ASLE says it's repurchasing ~6.4 mln shares, ~12% of total outstanding, from the PE firm at negotiated price of $7** Along ...
Reuters
Mon, Mar 17
Aon Announces Transition of President
DUBLIN, March 17, 2025 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, announced today that Eric Andersen has transitioned from his role as president to serve as a senior advisor to Greg Case, CEO of Aon, through June 2026. The role of president has been a...
PR Newswire
Mon, Mar 17
LIVE MARKETS-ESG's defence dilemma
STOXX 600 up 0.5%Oil surge lifts energyWeek packed with central bank meetingsWall St futures slideWelcome 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.comESG’S DEFENCE DILEMMA Soaring defence...
Reuters
Mon, Mar 17
Ramaco Resources rises on $6.1 million grant from Wyoming Energy Authority
** Shares of Ramaco Resources METC.O up 1.6% at $9.71 premarket** Co says it has received $6.1 million matching grant authorized by Wyoming Governor Mark Gordon and issued by Wyoming Energy Authority** METC says grant is for its Wyoming CORE (Carbon Ore Rare Earth) Brook Mine project** Adds funding ...
Reuters
Mon, Mar 17
Nvidia's Top AI Event Is Here: Will Nvidia Stock Rise During March 18 Through March 21?
Artificial intelligence (AI) tech leader NVIDIA's (NASDAQ: NVDA) flagship GPU Technology Conference (GTC) 2025 has arrived. It will run Monday through Friday at the San Jose Convention Center in San Jose, California, the heart of Silicon Valley. This annual happening is widely considered the world's...
The Motley Fool
Mon, Mar 17
S&P 500 Sell-Off: Why Warren Buffett Is Still Right About Index Investing, Even After Selling His
The S&P 500 index (SNPINDEX: ^GSPC) has followed the Nasdaq Composite (NASDAQINDEX: ^IXIC) into correction territory, with both having fallen 10% from their peaks. That's got Wall Street worried that the next stop could be a 20% decline, which would indicate a bear market.Warren Buffett's advice to ...
The Motley Fool
Mon, Mar 17
Tech still at the top of the crowding ranks in the U.S., Citi warns
Investing.com -- Despite recent market volatility and broad declines in major indices, technology stocks remain the most crowded sector in the U.S., Citi analysts said in a new note focused on sector
Investing.com
Mon, Mar 17
GLOBAL MARKETS-European shares shine, while Wall St futures sag
Oil prices hover at two-week highsInvestors eyeing more consumption-led stimulus from ChinaU.S. futures slide on recession worriesBy Rae Wee and Amanda Cooper SINGAPORE/LONDON, March 17 (Reuters) - Oil hit two-week highs on Monday and European shares climbed while U.S. futures slid as investors b...
Reuters
Mon, Mar 17
Affirm dips after Klarna replaces it in Walmart partnership
** Shares of buy now, pay later co Affirm AFRM.O slides ~11.84% to $44.15 premarket, after announcement that rival Klarna is replacing co in Walmart WMT.N partnership** Swedish payments firm Klarna says it is partnering with consumer finance app OnePay to offer installment loans for purchases at ret...
Reuters
Mon, Mar 17
PRECIOUS-Gold hovers near record levels, Fed meeting in focus
Expect gold prices to edge higher, analyst saysNo Fed's interest rate decision on Wednesday awaitedBy Rahul Paswan March 17 (Reuters) - Safe-haven gold firmed on Monday, trading near an all-time high scaled in the previous session, while the market's focus shifted to the U.S. Federal Rese...
Reuters
Mon, Mar 17
Markel Group appoints Simon Wilson as Chief Executive Officer of Markel Insurance
RICHMOND, Va., March 17, 2025 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) announced today that Simon Wilson, currently President of Markel International, has been appointed Chief Executive Officer of the company's three primary underwriting businesses—Markel Specialty, Markel International, and Ma...
PR Newswire
Mon, Mar 17
RPT-BREAKINGVIEWS-CK Hutchison is stuck as a geopolitical pawn
By Ka Sing ChanHONG KONG, March 17 (Reuters Breakingviews) - CK Hutchison’s 0001.HK shareholders must be hoping the conglomerate boasts some great chess players in its top ranks. Just two weeks ago the Li clan, which controls the sprawling Hong Kong-based company, hoped it had both escaped President...
Reuters
Mon, Mar 17
5 Reasons the Schwab U.S. Dividend Equity ETF Is a Long-Term Buy for 2030 and Beyond
Let's say you have some money in your pocket you want to invest, but you're not sure where to put it. Perhaps you're extra worried due to recent market volatility.I'm going to offer a solid investment suggestion, but first remember that any money you might need within five (or, to be more conservati...
The Motley Fool
Mon, Mar 17
H.C. Wainwright starts coverage on Actuate Therapeutics with 'buy' rating
** Brokerage H.C. Wainwright initiates coverage on biopharma firm Actuate Therapeutics ACTU.O with "buy" rating ** Brokerage sets PT at $20, representing more than 100% upside to the stock's last close** In a mid-stage study, co's experimental therapy for a type of pancreatic cancer ...
Reuters
Mon, Mar 17
Intel rises after report on CEO's plans to overhaul manufacturing, AI operations
Shares of U.S. chipmaker Intel INTC.O rise 2% to $24.53 premarket. INTC's incoming CEO Lip-Bu Tan plans significant changes to chip manufacturing and AI strategies ahead of him taking charge on Tuesday, sources told Reuters. Tan's top priority is revamping manufacturing operations, plan...
Intel Corp
Reuters
Mon, Mar 17
U.S. STOCKS ON THE MOVE-Nvidia, Netflix, Norwegian Cruise Line
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8March 17 (Reuters) - U.S. stock index futures took a hit on Monday as Treasury Secretary Scott Bessent's comments added to unease about an economic slowdown, while focus was on tariff-re...
Reuters
Mon, Mar 17
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