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Summit Midstream falls after $90 million deal for Moonrise Midstream
** Shares of Summit Midstream Corporation SMC.N fall 3% to $38.47 ** Co acquires DJ basin-based Moonrise Midstream from Fundare Resources for $90 million in cash and stock** SMC to pay $70 million in cash and ~$20 million in stock** Deal expands SMC's gathering and processing footprint in the D...Reuters
Mon, Mar 10
Wall St brokerages start SailPoint coverage with broadly bullish view, but see competition risk
By Joel Jose March 10 (Reuters) - Wall Street brokerages on Monday started coverage on SailPoint Technologies SAIL.O with broadly bullish views, but some analysts warned that the identity security provider could face increased competition.SailPoint, which was previously listed in 2022 before bei...Reuters
Mon, Mar 10
Paint company Sherwin-Williams downgraded amid housing market’s dour outlook
Investing.com -- Jefferies downgraded Sherwin-Williams Co (NYSE:SHW) to "Hold" from "Buy" also cutting its price target by 10% to $380 amid concerns over a weakening housing market and broader economiInvesting.com
Mon, Mar 10
Baltic index scales 14-week peak on larger vessel rate gains
March 10 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to a more than 14-week high on Monday, aided by rising rates across the capesize and panamax vessel segments.* The main index .BADI, which factors in rates fo...Reuters
Mon, Mar 10
Primo Brands shares drop as sponsor to slash stake
** Shares of Primo Brands Corp PRMB.N down 4.8% to $30.10 early Mon after secondary offering news ** Bottled water co says 45 mln shares to be offloaded by One Rock Capital Partners ** Co intends to repurchase 4 mln shares of the offering from the underwriters ** M organ Stanley a...Reuters
Mon, Mar 10
Macro hedge funds are outperforming so far in 2025
Macro outperforms in volatile marketsMulti-strategy funds mixedStock pickers struggle as markets drop in MarchBy Nell Mackenzie LONDON, March 10 (Reuters) - Macro hedge funds taking advantage of volatile markets have enjoyed outsized results so far in 2025, while stock picking and multi-strategy ...Reuters
Mon, Mar 10
LIVE MARKETS-US stocks slump in early trade
Main US indexes slide; Nasdaq off most, down ~2.8%Comm Svcs weakest S&P 500 sector; Energy leads gainerEuro STOXX 600 index off ~1%Dollar rises slightly; gold, crude decline; bitcoin off >3% U.S. 10-Year Treasury yield falls to ~4.22%Welcome to the home for real-time coverage of markets broug...Reuters
Mon, Mar 10
US STOCKS-Wall Street drops on trade war concerns; Tesla slides
US-listed shares of Chinese companies drop after weak dataCrypto stocks fall on lower bitcoin pricesBrokerage HSBC downgrades US stocksNasdaq, S&P 500 hover near five-month lowsIndexes down: Dow 0.72%, S&P 500 1.30%, Nasdaq 2.03%By Johann M Cherian and Pranav Kashyap March 10 (Reuters) - ...Reuters
Mon, Mar 10
Warren Buffett Just Issued a Stark Warning to President Trump About the Impact of Tariffs. It Couldn't Be Any Clearer.
It's not too often that 94-year-old Warren Buffett comments on political matters. After all, doing so is unlikely to create shareholder value for Buffett's company Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). However, any time Buffett has something to say on the state of markets, the economy, or p...The Motley Fool
Mon, Mar 10
Trevi hits 4-year high as chronic cough therapy succeeds in study
** Shares of therapy developer Trevi Therapeutics TRVI.O rise 40.5% to touch a four-year high of $6.04** Co says its therapy, Haduvio, met the main goal in a mid-stage trial testing in patients with a type of chronic cough ** Currently, there are no approved treatments in the U.S. for coughing bouts...Reuters
Mon, Mar 10
Fennec Pharmaceuticals Inc reports results for the quarter ended December 31 - Earnings Summary
Fennec Pharmaceuticals Inc FENC.OQ reported a quarterly adjusted loss of 6 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of five analysts for the quarter was for earnings of 17 cents per ...Reuters
Mon, Mar 10
3 Cold Stocks That Can Bounce Back This Week
This past week was rough for most investors, but it was a lot harder for a handful of cascading stocks. There were nearly a dozen U.S. exchange-listed companies with market caps north of $1 billion that tumbled by at least 20% last week.Marvell Technology (NASDAQ: MRVL), VF Corp. (NYSE: VFC), and Hi...The Motley Fool
Mon, Mar 10
Franco-Nevada Corp reports results for the quarter ended December 31 - Earnings Summary
Franco-Nevada Corp FNV.TO reported quarterly adjusted earnings of 95 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 90 cents. The mean expectation of eight analysts for the quarter was for earnings of 89 cents per share....Reuters
Mon, Mar 10
Canada's Veren rises on $10.4 billion merger deal with Whitecap Resources
** Canadian oil producer Veren's VRN.TO shares rise 15% to C$8.12 ** Co will merge with Whitecap Resources WCP.TO in an all-stock deal valued at C$15 billion ($10.43 billion) including debt, to form an energy giant** Shares of oil producer Whitecap Resources WCP.TO down 11.7% to C$8.25** Veren s...Reuters
Mon, Mar 10
Wayfair falls on J.P. Morgan PT cut
** Online furniture retailer Wayfair's W.N shares down 3% at $33.96 ** Brokerage J.P. Morgan cuts PT to $50 from $63** Sees W as a "tariff loser" due to sourcing from China and worries that co will lose market share to traditional retailers** Says W is trending just below flat in QTD sal...Reuters
Mon, Mar 10
UK's Assura shares rise on $2.08 billion bid from KKR, Stonepeak
Assura rejects all-stock bid from Primary Health PropertiesCompany considers KKR-Stonepeak offer more attractive Assura shares rise 14% March 10 (Reuters) - Assura AGRP.L said on Monday it would consider a 1.61 billion pound ($2.1 billion) offer from U.S. private equity group KKR KKR.N and Stonep...Reuters
Mon, Mar 10
Oil and gas firm Veren rises on proposed merger with Whitecap Resources in $10.4 billion deal
** U.S.-listed shares of oil producer Veren VRN.TO, VRN.N rise 18.3% to $5.81 premarket** Co will merge with Whitecap Resources WCP.TO in an all-stock deal valued at C$15 billion ($10.43 billion) including debt, to form an energy giant** Veren shareholders will receive 1.05 shares of Whitecap for ea...Reuters
Mon, Mar 10
Protagonist Therapeutics rises as bowel disease drug succeeds mid-stage study
** Drug developer Protagonist Therapeutics' PTGX.O shares rise 30.4% to $50.02** PTGX says the mid-stage study of all three doses of once-daily experimental drug, icotrokinra, conducted by its collaboration partner Johnson & Johnson JNJ.N met its main goal in patients with ulcerative colitis...Reuters
Mon, Mar 10
1 Artificial Intelligence (AI) Stock Gen Z Should Buy Today and Hold for Decades
Are you a believer in the game-changing potential of artificial intelligence (AI)? Here's a litmus test: Are you willing to make a long-term commitment to one of the market's most compelling AI stocks, even though the underlying company is still miles away from results that justify the stock's prese...The Motley Fool
Mon, Mar 10
