News
Important Only
BUZZ-Allegro jumps on report of takeover interest from ON Semiconductor
** Allegro MicroSystems' ALGM.O shares rise 18.5% to $26.83 ** The sensor integrated circuits provider is drawing takeover interest from larger competitor ON Semiconductor ON.O, Bloomberg reported on Sunday, citing people familiar with the matter** ON has been working with advisers in recent mon...Reuters
Mon, Mar 3
BUZZ-Fortrea hits record low after forecasting 2025 revenue below estimate
Updates** Shares of contract research firm Fortrea Holdings FTRE.O hit their lowest level on record at $9.55 ** Company forecasts 2025 revenue in the range of $2.45 bln to $2.55 bln, below analysts' average estimate of $2.73 bln, according to data compiled by LSEG ** FTRE posts Q4 revenue of $69...Reuters
Mon, Mar 3
BUZZ-ADT slides after Apollo's stake sale priced
Updates with pricing information** Shares of home security firm ADT Inc ADT.N down 5.9% at $7.71 early Mon after secondary offering priced** Boca Raton, Florida-based firm announces 70 mln shares offloaded by entities managed by Apollo Global Management APO.N affiliates** Offering priced at $7.70, a...Reuters
Mon, Mar 3
BRIEF-OneConnect Financial Technology Receives Proposal For Possible Privatization
March 3 (Reuters) - OneConnect Financial Technology Co Ltd 6638.HK:RECEIVED A PRELIMINARY NON-BINDING PROPOSAL FROM BO YU IN RELATION TO A POSSIBLE PRIVATIZATION OF COBO YU PROPOSES TO ACQUIRE EACH SHARE FOR HK$2.068 IN CASHAPPLICATION MADE BY COMPANY FOR RESUMPTION OF TRADING IN SHARES ON STOCK EX...Reuters
Mon, Mar 3
BUZZ-Chipotle rises as Morgan Stanley turns bullish
** Shares of Chipotle Mexican Grill CMG.N up 2.5% to $55.34 early Mon after Morgan Stanley upgrades to 'overweight' from 'equal-weight', pointing to an attractive entry point** Brokerage boosts PT by $5 to $70, implying ~30% upside to stock's last close** Morgan Stanley says as s...Reuters
Mon, Mar 3
What's Going on With Apple Stock?
Apple (NASDAQ: AAPL) said that its Apple Intelligence is working to facilitate an increase in iPhone sales.Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free »*Stock prices used were the afternoon prices of Feb. 26, 2025. The video was published...The Motley Fool
Mon, Mar 3
BUZZ-Biohaven slides on wider-than-expected quarterly loss
** Drug developer Biohaven's BHVN.N shares fall 4.1% to $35.66** Co posts Q4 adj. loss of $1.71 per share compared with analysts' average estimate of a loss of $1.57, according to data compiled by LSEG** Separately, co says its experimental drug, BHV-1300, reduced Immunoglobulin G, a type of...Reuters
Mon, Mar 3
CANADA STOCKS-TSX opens higher ahead of economic data; tariffs in focus
March 3 (Reuters) - Canada's main stock index opened higher on Monday, as investors assessed the impact of the U.S. President's proposed tariffs and braced for a wave of upcoming economic data.At 9:31 a.m. ET (1431 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE wa...Reuters
Mon, Mar 3
AG Mortgage Investment Trust Inc reports results for the quarter ended December 31 - Earnings Summary
AG Mortgage Investment Trust Inc MITT.N reported quarterly adjusted earnings of 30 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of six analysts for the quarter was for earnings of 16 cents...Reuters
Mon, Mar 3
Praxis Precision Medicines Inc reports results for the quarter ended December 31 - Earnings Summary
Praxis Precision Medicines Inc PRAX.OQ reported a quarterly adjusted loss of $2.94 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-2.97. The mean expectation of eleven analysts for the quarter was for a loss of $2.85 per shar...Reuters
Mon, Mar 3
Jasper Therapeutics Inc reports results for the quarter ended December 31 - Earnings Summary
Jasper Therapeutics Inc JSPR.OQ reported a quarterly adjusted loss of $1.62 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $-1.50. The mean expectation of eleven analysts for the quarter was for a loss of $1.23 per share. Wall ...Reuters
Mon, Mar 3
Sunnova Energy International Inc reports results for the quarter ended December 31 - Earnings Summary
Sunnova Energy International Inc NOVA.N reported a quarterly adjusted loss of $1.14 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.43. The mean expectation of twenty two analysts for the quarter was for a loss of 71 cents ...Reuters
Mon, Mar 3
US STOCKS SNAPSHOT-Wall St opens higher with economic data, tariffs in focus
March 3 (Reuters) - Wall Street's main indexes opened higher on Monday, ahead of a crucial deadline on tariffs on top trade partners, while investors awaited a number of data reports to gauge the health of the world's largest economy.The Dow Jones Industrial Average .DJI rose 59.6 points, or...Reuters
Mon, Mar 3
Dyne Therapeutics Inc reports results for the quarter ended December 31 - Earnings Summary
Dyne Therapeutics Inc DYN.OQ reported a quarterly adjusted loss of 88 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.09. The mean expectation of twelve analysts for the quarter was for a loss of 96 cents per share. W...Reuters
Mon, Mar 3
Where Will Bloom Energy Be in 1 Year?
Bloom Energy (NYSE: BE) is a clean energy company that makes fuel cells. With the increasing demand for lower carbon-intensive power, the company appears well-positioned to take advantage of global trends in the clean energy space. Bloom Energy's fourth quarter was strong.Yet, 2025 could be a partic...The Motley Fool
Mon, Mar 3
Russian rouble slides to near two-week low vs dollar
March 3 (Reuters) - The Russian rouble dropped to a near two-week low against the U.S. dollar on Monday, as a rally sparked by hopes of a resolution to the war in Ukraine eased and a favourable month-end tax period passed. By 1411 GMT, the rouble RUB= was down 0.2% at 89.57 to the dollar in over-the...Reuters
Mon, Mar 3
U.S. stocks: Very low sentiment readings tend to be contrarian indicator, UBS says
Investing.com -- UBS analysts believe that despite recent market volatility, the U.S. equity bull market remains intact, with historically low investor sentiment potentially signaling upside ahead. "VInvesting.com
Mon, Mar 3
Warren Buffett Is Still Holding His Apple Stock: Should You?
Warren Buffett has stopped trimming his Apple (NASDAQ: AAPL) position. The billionaire from Omaha kept his largest position for Berkshire Hathaway unchanged in the fourth quarter after dumping most of his ownership in the first three quarters of 2024. Apple remains Berkshire Hathaway's largest equit...The Motley Fool
Mon, Mar 3
LIVE MARKETS-Low volatility, momentum make an early move
U.S. equity index futures green: Nasdaq 100 up ~0.8%Euro STOXX 600 index rallies >1%Dollar down; gold, crude gain; bitcoin off ~1%U.S. 10-Year Treasury yield edges up to ~4.24%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts wi...Reuters
Mon, Mar 3
BUZZ-Kroger falls as CEO resigns
** U.S. grocer Kroger Co's KR.N shares down 2.14% at $64.82 premarket** Kroger CEO Rodney McMullen steps down from the role after a board investigation found that his personal conduct was inconsistent with the co's "policy on business ethics"** Co says McMullen's conduct is not r...Reuters
Mon, Mar 3
