News
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Street View: Ulta beats quarterly results expectations but future is uncertain
** Ulta Beauty ULTA.O on Thursday beat Q4 results expectations on robust sales during holiday season, sending shares up 7% in extended trading.** Shares rose 6.5% to $334.90 premarket on Friday** Thirteen of 31 brokerages rate stock "buy" or higher, 17 "hold", one "sell" or l...Reuters
Fri, Mar 14
Why Summit Therapeutics Stock Was Winning This Week
A very bullish analyst move was the news generally responsible for Summit Therapeutics' (NASDAQ: SMMT) healthy mid-week stock price pop. That upward lift was largely holding as of Friday before market open, as according to data compiled by S&P Global Market Intelligence Summit's share price had rise...The Motley Fool
Fri, Mar 14
MIDEAST STOCKS-Dubai declines over new tariff threats, oil holds Abu Dhabi
By Mohd Edrees March 14 (Reuters) - Dubai's index declined on Friday, driven by losses in heavyweight real estate sector stocks as U.S. President Donald Trump's latest tariff threats made investors nervous, while Abu Dhabi bucked the trend to close higher.In the latest in a long list of ...Reuters
Fri, Mar 14
Is Buffett Hoarding Cash and Rarely Selling Companies — A Sign of Deep Disappointment in U.S. Economy?
TradingKey — Amid lingering discussions about Berkshire Hathaway’s record trillion cash reserves fueling a shortage of quality assets, the conglomerate led by Warren Buffett is reportedly making a rare move to sell a subsidiary — a stark departure from its long-standing policy of almost never...TradingKey
Fri, Mar 14
Applied Optoelectronics surges after stock warrant deal with Amazon
** Shares of fiber-optic network component maker Applied Optoelectronics AAOI.O jump 56.0% to $24.76 premarket** AAOI issues Amazon.com AMZN.O warrant to purchase up to about 7.9 mln of its shares at an exercise price of $23.6954 per share** Rosenblatt Securities says it believes AMZN intends to pri...Reuters
Fri, Mar 14
Stock Market Sell-Off: Will the Federal Reserve Soon Step in With Interest Rate Cuts?
Things have gone from bad to worse in a hurry on Wall Street, with the S&P 500 (SNPINDEX: ^GSPC) joining the Nasdaq Composite (NASDAQINDEX: ^IXIC) in correction territory on Thursday. The leading market index has fallen 10.1% in just three weeks' time. Despite a two-plus-year bull market that lifted...The Motley Fool
Fri, Mar 14
Why Unity Software Stock Was Crumbling This Week
Over the past few days, stock market players seemed as if they were unified in bearishness about the prospects of Unity Software (NYSE: U). After all, the stock was down in price by more than 15% week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence. T...The Motley Fool
Fri, Mar 14
Generation Bio Co reports results for the quarter ended December 31 - Earnings Summary
Generation Bio Co GBIO.OQ reported a quarterly adjusted loss of 32 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -53 cents. The mean expectation of seven analysts for the quarter was for a loss of 30 cents per share. Wa...Reuters
Fri, Mar 14
Uber Technologies Stock: Bull vs. Bear
Uber Technologies (NYSE: UBER) has left investors with a range of views. On the one hand, it has performed well in recent quarters, delivering growth and profits. It has also attracted billionaire investor Bill Ackman, who bought a considerable stake in the company.Yet, its future remains uncertain ...The Motley Fool
Fri, Mar 14
RPT-BREAKINGVIEWS-Buyout barons risk choking on their stuck assets
By Liam Proud LONDON, March 13 (Reuters Breakingviews) - Private equity managers have a bad case of indigestion. Blackstone BX.N, KKR KKR.N, CVC Capital Partners CVC.AS and their peers are collectively sitting on $3 trillion of unsold assets, tying up cash that can’t be put back to work elsewher...Reuters
Fri, Mar 14
Gold miners rise as bullion hits record $3,000/oz mark
** Shares of gold miners rise, tracking prices of bullion GOL/** Spot gold XAU= rose above $3,000/ounce at 1012 GMT (6:12 a.m. ET), hitting a record high, and going as high as $3,004.86/ounce, due to uncertainties around U.S. tariffs on imports and expectations of a rate cut by the Federal Reserve**...Reuters
Fri, Mar 14
Why Avis Budget Group Stock Was Stalling This Week
The auto industry is currently in a state of nervous anticipation, and that's not good for associated companies. One striking case in point is auto rental mainstay Avis Budget Group (NASDAQ: CAR), whose share price according to data compiled by S&P Global Market Intelligence was down by more than 25...The Motley Fool
Fri, Mar 14
Daimler Truck to cut costs in Europe by $1.1 billion after earnings slump
By Amir Orusov and Andrey Sychev March 14 (Reuters) - Daimler Truck DTGGe.DE, one of the world's largest truckmakers, launched a billion-dollar cost-cutting programme in Europe on Friday after a poor performance in the region weighed on earnings.The efficiency programme aims to cut costs in ...Reuters
Fri, Mar 14
This Top Chipmaker Stock Has Rallied More Than 200% in 5 Years, and It Still Looks Like a Cheap Buy
Investing in tech stocks right now can look like a dangerous proposition, given the weakness in the markets of late. If tariffs and trade wars sink the economy into a recession, tech spending could come under pressure, and the growth in artificial intelligence (AI) could slow drastically.That's why ...The Motley Fool
Fri, Mar 14
The S&P 500 Just Hit Correction Territory. History Says the Stock Market Will Do This Next (Hint: It May Surprise You)
U.S. stocks have fallen sharply in recent weeks as the Trump administration began imposing tariffs on foreign trading partners. Investors unnerved by the potential consequences of the burgeoning trade war have rotated away from domestic equities, particularly those in the consumer discretionary and ...The Motley Fool
Fri, Mar 14
U.S. STOCKS ON THE MOVE-Crown Castle, Docusign, Semtech
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8March 14 (Reuters) - U.S. stock index futures were higher on Friday, signaling a pause from a week-long selloff triggered by fears over the economic impact of the Trump administration's ...Reuters
Fri, Mar 14
Canada's First Quantum still away from restarting Cobre Panama mine, analysts say
** Analysts at TD Cowen see copper miner First Quantum's FM.TO sale of copper concentrate from its shuttered mine in Panama to bring in $250 mln in net proceeds to help cover ongoing holding costs** Panama authorized the sale of copper concentrate at the company's Cobre Panama mine, Presiden...Reuters
Fri, Mar 14
UBS cuts Puma to 'sell' on further challenges ahead
** UBS cuts Puma PUMG.DE from "neutral" to "sell" as it sees more challenges ahead, which might lead to further deterioration in its performance before a turnaround** The company's latest results reinforced concerns about structural challenges, which could result in slower top li...Reuters
Fri, Mar 14
Citigroup resumes coverage on Charter Communications with 'buy'
** Broadband and cable TV provider Charter Communications' CHTR.O shares rise 1.1% to $349 in premarket trading ** Citigroup resumes coverage on co with "buy" rating and $425 PT, representing a 20.6% upside to stock's last close** Brokerage expects co to achieve stable revenue growth...Reuters
Fri, Mar 14
