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Forward Air's three directors resign amid activist pressure; shares rise
** Shares of Forward Air Corp FWRD.O rise 9% to $21.20, hitting nearly three-month high ** Stock trading at its highest since late March ** FWRD says three board members, including chairman George Mayes, have resigned after activist investor Ancora Holdings mounted campaign to unseat them** Amo...Reuters
Thu, Jun 12
US STOCKS-Wall Street dips as Middle East tensions rise; Boeing drops
Indexes down: Dow 0.33%, S&P 500 0.09%, Nasdaq 0.20%Boeing shares fall after Air India plane crashOracle up after raising its annual revenue forecastBy Kanchana Chakravarty and Sukriti Gupta June 12 (Reuters) - Wall Street's main indexes slipped on Thursday as signs of rising tensions in ...Reuters
Thu, Jun 12
Oracle shares hit record high as AI cloud demand propels revenue forecast
June 11 (Reuters) - Oracle ORCL.N shares surged 14% to breach the $200-mark for the first time on Thursday, after the company raised its annual revenue forecast, driven by strong demand for its AI-related cloud services.Confidence in the software sector remained strong despite geopolitical tensions,...Reuters
Thu, Jun 12
Boeing shares fall to near two-week low after plane crash in India
** Shares of planemaker Boeing BA.N fall 4.3% to $204.67 - a two-week low - after Air India 787-8 Dreamliner jet crash ** More than 200 people were killed, authorities said, in the world's worst aviation disaster in a decade ** The aircraft took off from Ahemdabad in India and was headed to Lond...Reuters
Thu, Jun 12
Chime shares indicated to open 52% above IPO price
June 12 (Reuters) - Shares of Chime Financial CHYM.O were indicated to jump 52% above their initial public offering price on Thursday, giving the digital bank a potential valuation of $17.5 billion. The company raised $864 million in the listing by pricing shares at $27 each on Wednesday, above its ...Reuters
Thu, Jun 12
Why Shares of GameStop Are Tanking Today
Shares of the video game retailer GameStop (NYSE: GME) had tanked roughly 19%, as of 10:18 a.m. ET today. The company announced plans to issue $1.75 billion in convertible notes for "general corporate purposes, including making investments in a manner consistent with GameStop's Investment Policy and...The Motley Fool
Thu, Jun 12
Street View: Oracle story positive, growth acceleration under watch
** Oracle ORCL.N raised its annual revenue growth forecast on Wednesday, expecting continued demand for cloud offerings from companies deploying artificial intelligence** The cloud service provider's shares rose 12% in early trading** Median PT of 40 brokerages covering the stock is $197.21; ave...Reuters
Thu, Jun 12
Forward Air's three directors resign amid activist pressure; shares climbs
** Shares of Forward Air Corp FWRD.O soars 6% to $21 in early trade** FWRD said three board members, including chairman George Mayes, have resigned after activist investor Ancora Holdings mounted a campaign to unseat them** Among the trio, Javier Polit and Laurie Tucker, were re-elected but chose to...Reuters
Thu, Jun 12
Besi lifts long-term targets, expecting new AI customers
Raises long-term revenue and margin targetsHybrid bonding attracts new customersShares rise 8.4%By Nathan Vifflin and Leo Marchandon AMSTERDAM, June 12 (Reuters) - BE Semiconductor Industries (Besi) BESI.AS raised its long-term financial targets ahead of its investor day on Thursday and said it e...Reuters
Thu, Jun 12
Energy firms fall as market ponders Middle East tensions
** S&P 500 energy index .SPNY falls 0.4% as oil prices edge lower** Brent crude futures LCOc1 down 1.2% at $68.92 a barrel; U.S. West Texas Intermediate (WTI) crude CLc1 falls 1.3% to $67.30 a barrel** Oil prices fall as market participants assessed U.S. decision to move personnel from Middle Ea...Reuters
Thu, Jun 12
Conmed slips after Needham downgrade
** Shares of medical tech firm Conmed CNMD.N slip 3.4% to $54.99** Brokerage Needham downgrades rating to "hold" from "buy", saying company's long-term growth rate has decreased, meaning slower EPS growth with debt levels limiting its ability to expand new growth drivers or repur...Reuters
Thu, Jun 12
Great News for Tesla Stock Investors
Tesla (NASDAQ: TSLA) stock investors are finally getting some good news as the company prepares to launch driverless car testing.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »*Stock prices used were the afternoon...The Motley Fool
Thu, Jun 12
Prediction: Down 66% From All-Time Highs, GameStop Could Be on the Verge of Going Parabolic. Here's the Catch Smart Investors Need to Know About Before Buying Shares Hand Over Fist.
For the last couple of years, investors have become enamored by the skyrocketing share prices of companies such as Nvidia and Palantir Technologies. Prior to the artificial intelligence (AI) revolution, however, these two companies were seldom covered in financial news circles.It was just a few year...The Motley Fool
Thu, Jun 12
Rockwell Automation Helps Customers Unlock the Potential of Their Data with the Launch of OptixEdge
Advanced edge gateway solution transforms the way data is processed, enabling time and cost savings MILWAUKEE, Wis., June 12, 2025 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, today announced t...PR Newswire
Thu, Jun 12
GLOBAL MARKETS-Stocks fall, dollar hits 2025 low as Middle East tensions fuel risk-off mood
Wall Street stocks dip, dollar downRising Middle East tension dents sentiment, gold upMarkets give lukewarm reception to U.S.-China truce agreementTrump's latest tariff salvo unnerves investorsSoft U.S. CPI sets stage for Fed meeting next weekBy Lawrence Delevingne and Amanda Cooper June 12 (...Reuters
Thu, Jun 12
Hudson Pacific Properties rises after "pivotal" $600 mln equity raise
** Hudson Pacific Properties' HPP.N shares reverse premarket losses and last up 8.9% at $2.70, an over two-mth high, early Thurs after it raises equity ** Los Angeles-based office real estate investment trust early Thurs said sold ~269 mln shares, including ~71.9 mln pre-funded warrants for $600...Reuters
Thu, Jun 12
BioNTech takes over CureVac in $1.25 billion all-stock deal among COVID rivals
CureVac shareholders to receive 55% premiumDeal set to end CureVac's fight over alleged mRNA patent infringementCureVac shares soar 27%By Ludwig Burger June 12 (Reuters) - German biotech firm BioNTech 22UAy.DE has agreed to acquire domestic peer CureVac 5CV.DE for about $1.25 billion worth of...Reuters
Thu, Jun 12
OCI Global Receives U.S. Regulatory Approval for the Sale of its Global Methanol Business to Methanex Corporation
AMSTERDAM, June 12, 2025 /PRNewswire/ -- OCI Global (Euronext: OCI), ("OCI", the "Company") today announced that the regulatory review period under the U.S. Hart-Scott-Rodino Antitrust Act has concluded with respect to the sale of 100% of its equity interests in its Global Methan...PR Newswire
Thu, Jun 12
Why Did DocuSign Stock Fall, and Is It a Buying Opportunity?
DocuSign (NASDAQ: DOCU) reported quarterly financial results that disappointed stock market investors.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of June 8, 2025. ...The Motley Fool
Thu, Jun 12
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