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Arvinas hits all-time low after breast cancer drug trial results
** Drug developer Arvinas' ARVN.O shares fall 50.3% to $8.73, hitting all-time low** Pfizer PFE.N and ARVN say their experimental breast cancer treatment failed to delay progression of the disease in a broader group of patients in a late-stage trial ** Pfizer's PFE.N shares fall 1.6% to $...
Reuters
Tue, Mar 11
Teradyne plunges after management flags imminent tariff-fueled uncertainty
** Shares of electronic device testing equipment maker Teradyne TER.O slump 19.6% to $84.36 in morning trade, making it the top decliner on the S&P 500 .SPX ** TER sees short-term volatility in semiconductor testing business caused by new uncertainty around tariffs and trade restrictions – Analy...
Reuters
Tue, Mar 11
Why Southwest Airlines Is Flying High Today
Southwest Airlines (NYSE: LUV) is making a number of moves designed to boost profitability, including abandoning its decades-long practice of not charging for checked bags.Investors cheered the news, sending Southwest shares up 16% at the open and up 8% as of 10 a.m. Eastern.Where to invest $1,000 r...
The Motley Fool
Tue, Mar 11
CANADA STOCKS-TSX falls as Trump hikes tariffs on Canadian metals
By Nikhil Sharma March 11 (Reuters) - Canada's main stock index fell on Tuesday, as investors priced in U.S. President Donald Trump's announcement of additional tariffs on Canadian metals.The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 0.28% at 24,313.03.Trum...
Reuters
Tue, Mar 11
Auto stocks fall after Trump threatens to increase tariffs
** Shares of U.S. automakers fall after President Donald Trump threatens new tariffs ** Trump threatens to "substantially increase" tariffs on cars coming into U.S on April 2 "if other egregious, long-time tariffs are not likewise dropped by Canada"** Ford Motor F.N falls 3.2%, Gener...
Reuters
Tue, Mar 11
Holley Inc reports results for the quarter ended December 31 - Earnings Summary
Holley Inc HLLY.N reported quarterly adjusted earnings of 11 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of nine analysts for the quarter was for earnings of 2 cents per sha...
Reuters
Tue, Mar 11
Is Occidental Petroleum Stock Going to $64? 1 Wall Street Analyst Thinks So.
The still-young year of 2025 hasn't been all that kind to oil stocks, many of which are trading down since New Year's Day. One of these laggards has been sector mainstay Occidental Petroleum (NYSE: OXY), despite the company's convincing bottom-line beat in its most recent earnings report.Recently, o...
The Motley Fool
Tue, Mar 11
EMERGING MARKETS-Latam FX rises as dollar weakens amid US slowdown worries
Argentina pushes new IMF deal towards finish line with decreeBrazil's industrial output undershoots forecastsBy Shashwat Chauhan March 11 (Reuters) - Most Latin American currencies firmed on Tuesday, as the dollar sagged globally amid growing concerns over a U.S. economic slowdown, while loca...
Reuters
Tue, Mar 11
Goldman Sachs upgrades GE Healthcare amid stabilizing Chinese healthcare market
Investing.com -- Goldman Sachs raised rating on GE HealthCare Technologies Inc (NASDAQ:GEHC) to "Buy" from "Neutral” as China's healthcare market is showing signs of stabilization, with demand for med
Investing.com
Tue, Mar 11
Euro zone equity volatility jumps to seven-month high on tariff jitters
MILAN, March 11 (Reuters) - A gauge of euro zone equity volatility surged to a fresh seven-month high and European stocks fell further on Tuesday after the latest tariff news underscored concerns over growing trade tensions.Trump on Tuesday doubled his planned tariff on all steel and aluminum produc...
Reuters
Tue, Mar 11
US STOCKS-Wall Street declines after Trump's fresh tariffs on Canada
US job openings rise to 7.74 million in JanuaryDelta Air Lines lowers first-quarter forecast, shares fallKohl's slides on bleak annual sales forecastIndexes off: Dow 1.02%, S&P 500 0.62%, Nasdaq 0.19%By Johann M Cherian and Pranav Kashyap March 11 (Reuters) - Wall Street's main indexe...
Reuters
Tue, Mar 11
StandardAero jumps on Q4 revenue beat
** Shares of aircraft maintenance firm StandardAero SARO.N rise 6% to $27.8** Co late on Monday posted Q4 revenue of $1.41 billion, beating analysts' average estimate of $1.39 billion, per data compiled by LSEG ** SARO provides maintenance, repair and overhaul (MRO) services for the aerospace an...
Reuters
Tue, Mar 11
The Nasdaq Just Hit Correction Territory. Here's 1 ETF I'm Loading Up on Regardless.
The Nasdaq party has been going on for a couple of years, but it seems the club owner has turned on the lights, with the index heading into correction territory.A stock market correction happens when a major index falls between 10% and 20% of recent highs, and that's exactly what has happened with t...
The Motley Fool
Tue, Mar 11
Telecom stocks fall following Verizon’s Deutsche Bank Conference comments
Investing.com -- Verizon shares declined more than 7% Tuesday as Chief Revenue Officer Frank Boulben spoke at Deutsche Bank’s conference, stating that the first quarter has seen an "elevated level of
Investing.com
Tue, Mar 11
Gold miners rise as bullion prices edge higher on weak dollar, growth concerns
** Shares of gold miners rise, tracking prices of bullion GOL/** Spot gold XAU= rises 0.9% to $2,915/ounce** Prices were supported by a weak dollar and economic slowdown worries due to tariff wars, while investors strapped in for a key inflation print that could shed light on U.S. monetary policy mo...
Reuters
Tue, Mar 11
Hesai Group soars on Reuters report of sensor supply deal with Mercedes-Benz
** U.S.-listed shares of Chinese lidar sensor maker Hesai Group ZN80y.F, HSAI.O surge 40.5% to $22.5 ** Mercedes-Benz MBGn.DE will develop smart driving cars for global markets equipped with Hesai's lidar sensors, Reuters reported, citing a person with direct knowledge ** Lidar uses lasers to pr...
Reuters
Tue, Mar 11
Trump announces new tariffs on Canadian steel, aluminum
Investing.com -- U.S. President Donald Trump announced a significant increase in tariffs on steel and aluminum imports from Canada on Tuesday, escalating trade tensions between the two countries. The
Investing.com
Tue, Mar 11
BioCryst takes legal action to defend rare genetic drug patent; shares fall
** Shares of drugmaker BioCryst Pharmaceuticals BCRX.O fall 2% to $7.24** BCRX on Monday filed lawsuit against Annora Pharma and other companies for patent infringement, according to SEC filing** BCRX is seeking to stop the companies from making generic version of its rare genetic drug, Orladeyo, an...
Reuters
Tue, Mar 11
South African rand gains ahead of delayed budget, US recession fears
JOHANNESBURG, March 11 (Reuters) - South Africa's rand gained on Tuesday against a weaker dollar as investors awaited a delayed national budget and worried over a possible recession in the world's biggest economy. At 1422 GMT, the rand traded at 18.25 against the U.S. dollar ZAR=D3,...
Reuters
Tue, Mar 11
Canada's Endeavour Silver shares rise on higher Q4 profit
** Canadian silver miner Endeavour Silver's EDR.TO shares rise 18.2% to C$6.18 in morning trade** Company reports Q4 earnings of 2 cents per share for the quarter ended December 31, higher than 1 cent per share in the year-ago quarter ** Analysts at TD Cowen say results were "modestly ahea...
Reuters
Tue, Mar 11
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