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BUZZ-Smithfield Foods shares up after three brokerages start coverage
** Shares of pork producer Smithfield Foods SFD.O up 2% at $21.6 after three brokerages initiate coverage** UBS initiates coverage with 'buy' rating, believes market is under-appreciating SFD's integrated business model and productivity initiatives ** Morgan Stanley starts with 'over...Reuters
Mon, Feb 24
BUZZ-U.S. STOCKS ON THE MOVE-BioMarin, Azul, Sun Communities
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were set to open higher on Monday, after a sharp selloff in the previous week, while Apple dipped as the iPhone...Reuters
Mon, Feb 24
LIVE MARKETS-S&P 500, Nasdaq fall as US slowdown fears persist
US equity indexes mixed: Nasdaq down ~0.9%Healthcare leads S&P 500 gainers; Tech weakest groupEuro STOXX 600 index down ~0.3%Dollar, gold, crude edge up; bitcoin down >1%US 10-Year Treasury yield edges down to ~4.40%Welcome to the home for real-time coverage of markets brought to you by Reute...Reuters
Mon, Feb 24
BUZZ-Bristol Myers rises after FDA accepts application for combo drug for colorectal cancer
** Shares of drugmaker Bristol Myers Squibb BMY.N up 3.2% at $57.61** Co says the U.S. FDA has accepted for review its marketing application seeking approval of the combination of BMY's Opdivo plus Yervoy as a potential first-line treatment option for patients with types of colorectal cancer** T...Reuters
Mon, Feb 24
BUZZ-Target Hospitality set for worst day on record after government cancels contract
** Shares of accommodation and hospitality service provider Target Hospitality TH.N tumble 51% to $4.50, the lowest in nearly three years and on track for worst day on record ** Co says U.S. government intends to terminate Pecos Children's Center services agreement with Target's Hospitality&...Reuters
Mon, Feb 24
BUZZ-Wall Street bullish on insulin device maker Beta Bionics after IPO
** Wall Street brokerages start coverage of insulin device maker, Beta Bionics BBNX.O, on a bullish note as IPO research quiet period ends ** Stifel starts coverage with "buy" rating and $25 PT, a 20% upside to the stock's last close** Brokerage says the market for insulin-dependent diab...Reuters
Mon, Feb 24
Could This Bull Market Buy Help You Become a Millionaire?
Not that it's a ton of money anymore, but for most people, building an investment portfolio up to the million-dollar mark is still a big deal... financially as well as psychologically. The keys to reaching this milestone are, of course, committing enough money to the effort, adding more funds to you...The Motley Fool
Mon, Feb 24
EMERGING MARKETS-Latin American currencies, stocks lose ground as dollar steadies
Mexico inflation up 3.74% y/y in first half of February Azul jumps after earnings Bank of Israel keeps rates on hold MSCI Latin America FX index down 0.6%, stocks down 0.7% By Lisa Pauline Mattackal Feb 24 (Reuters) - Indexes tracking Latin American currencies and stock were on track for their wo...Reuters
Mon, Feb 24
South African rand gains amid data whirlwind
Updates prices as of 1502 GMT, adds analysts comment in paragraphs 3-4 and 7 JOHANNESBURG, Feb 24 (Reuters) - South Africa's rand strengthened on Monday after soft U.S. data and ahead of a data-packed week, as investors shrugged off the return of rolling blackouts to Africa's most industr...Reuters
Mon, Feb 24
Domino's Pizza misses sales estimates as value meal war tempers US demand
Updates shares in paragraph 1By Juveria Tabassum Feb 24 (Reuters) - Domino's Pizza DPZ.O on Monday missed estimates for quarterly same-store sales and said the consumer environment for fast food would remain pressured in 2025 as companies double down on their value meal offerings, taking its ...Reuters
Mon, Feb 24
BUZZ-China ADRs slide on jitters over Trump's investment restrictions
** U.S.-listed shares of Chinese companies drop, in-line with domestic counterparts ** A White House official on Friday said Trump signed a memorandum that will direct the Committee on Foreign Investment in the United States to restrict Chinese investments in strategic areas** E-commerce firms JD.co...Reuters
Mon, Feb 24
This Dividend-Paying Oil Stock Is a Great Value for Generating Passive Income
Oil stocks can be excellent sources of passive income for investors who can stomach the volatility of the cyclical energy sector. And with oil prices down 9% or so in the last year, many oil and gas stocks have sold off even as broader indexes like the S&P 500 make new highs.ConocoPhillips (NYSE: CO...The Motley Fool
Mon, Feb 24
Hovnanian Enterprises Inc reports results for the quarter ended January 31 - Earnings Summary
Hovnanian Enterprises Inc HOV.N reported quarterly adjusted earnings of $3.58 per share for the quarter ended January 31. The lone analyst forecast for the quarter was for earnings of $2.71 per share. Revenue was $673.62 million; analysts expected $705.80 million. Hovnanian Enterprises Inc share...Reuters
Mon, Feb 24
BUZZ-Connexa Sports Tech set for best day on record on TikTok partnership
** Shares of matchmaking platform Connexa Sports Technologies YYAI.O more than doubled to $1.44; set for best percentage gain in a day on record** YYAI says it has signed a content creation agreement with TikTok to produce and sell content for the Middle East and North Africa region** Co says the pa...Reuters
Mon, Feb 24
General Motors' Pivot May Be Paying Off -- and It Could Generate Billions in Revenue
Late in 2024 when General Motors (NYSE: GM) announced it would no longer fund robotaxi development with its majority-owned Cruise business, some investors considered it a blow to its long-term potential. Once hyped as the next big thing for GM, something that could potentially generate billions in r...The Motley Fool
Mon, Feb 24
CORRECTED-BUZZ-UK's Chemring soars after report on possible acquisition by Bain Capital
Corrects spelling of company name in headline** Shares of global aerospace and defence products manufacturer Chemring CHG.L up as much as ~16% to 416 pence** Stock at its highest since August 2024; top gainer on FTSE 250 index .FTMC which is down 0.08%** Sky News reports that U.S. private equity fir...Reuters
Mon, Feb 24
2 Beaten-Down Stocks to Buy Before They Soar by 66% and 415%, According to Wall Street
Biotech companies can skyrocket in a short period because of excellent clinical or regulatory progress. And if we take the word of Wall Street analysts, some of them will do precisely that in the next year.Take CRISPR Therapeutics (NASDAQ: CRSP) and Intellia Therapeutics (NASDAQ: NTLA), two biotechs...The Motley Fool
Mon, Feb 24
Nvidia Is About to Report Earnings, and This Is What Certain Wall Street Analysts Are Expecting
In today's video, I discuss Nvidia (NASDAQ: NVDA) and recent updates affecting the semiconductor giant. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Feb. 20, 2025. The video was published on ...The Motley Fool
Mon, Feb 24
BUZZ-Sun Communities up on Blackstone deal to buy co's safe harbor marinas unit
** Sun Communities SUI.N shares rise 3.2% to $130.15 in early trading** Co to sell its Safe Harbor Marinas unit to affiliates of Blackstone Infrastructure for $5.65 billion in cash ** The base purchase price represents an approximate 21x multiple on the estimated 2024 FFO of the Safe Harbor business...Reuters
Mon, Feb 24
