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BUZZ-Luxury stocks to see many ups and downs in 2025, BofA says
** "Like a game of snakes & ladders, we think luxury will see many ups & downs this year," BofA says, as the sector is past the worst of the revenue decline but faces continuously muted demand** The sector faces cyclical and structural pressures, BofA says, with weakness in demand, declining volumes...
Reuters
Jan 16, 2025
U.S. Bancorp: Earnings Exceed Forecasts
Regional banking leader U.S. Bancorp (NYSE:USB) reported fourth-quarter 2024 earnings on Thursday, Jan. 16, that showed a modest outperformance of Wall Street consensus expectations. Earnings per share (EPS) of $1.07 beat analysts' expectations of $1.05. Revenue also slightly exceeded projections at...
The Motley Fool
Jan 16, 2025
Is 3M an Undervalued Dividend Stock?
3M (NYSE: MMM) stock is rebounding off the lows, but that doesn't mean it cannot be undervalued.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. See the 10 stocks »*Stock prices used were the afternoon prices of Jan. 13, 2025...
The Motley Fool
Jan 16, 2025
Bank7 Corp reports results for the quarter ended December 31 - Earnings Summary
Bank7 Corp BSVN.OQ reported quarterly adjusted earnings of $1.16 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of three analysts for the quarter was for earnings of $1.09 per share. Wall Street ...
Reuters
Jan 16, 2025
BUZZ-Can manufacturers fall as Wells Fargo cites macro challenges and demand pressure
** Wells Fargo says beverage can manufacturers including Ball BALL.N and Ardagh AMBP.N face significant headwinds due to challenging macro backdrop, trade policy and tariff risks, the "Make America Healthy Again" agenda, and Surgeon General's warning on alcohol** BALL down as much as 2.2% at $53.08 ...
Reuters
Jan 16, 2025
GLOBAL MARKETS-US stocks and bonds cling on to inflation-driven gains
US earnings kick off with strong showing from banksRichemont leads European stocks higher after results Asian stocks surge, boosted by tech sector after TSMC results 10-year Treasury yield holds on to Wednesday gains, last 4.67% Yen hits strongest in a month on growing rate hike wagersBy Alun John ...
Reuters
Jan 16, 2025
US STOCKS-Wall St subdued after strong session; focus on earnings
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Morgan Stanley up after higher Q4 profitsUnitedHealth falls on missing quarterly sales estimatesInvestors parse retail sales, jobless claims dataIndexes: Dow down 0.16%, S&P 500 off 0.03%, Nasd...
Reuters
Jan 16, 2025
BUZZ-Target falls after maintaining profit forecast
Updates** Retailer Target's TGT.N shares reverse premarket gains to slip as much as 4.9% to $127.92** Company maintains Q4 adj EPS forecast of between $1.85 and $2.45** Target's margins are under pressure from rampant price cutting to keep up with value-conscious consumers** Company raises comparabl...
Reuters
Jan 16, 2025
LIVE MARKETS-US stocks modestly red after data, more bank earnings; Bessent on deck
Main U.S. indexes down slightly Jan NAHB housing market index 47 vs 45 estimateEuro STOXX 600 index up ~0.7%Dollar ~flat; gold gains; crude dips; bitcoin off >1.5%U.S. 10-Year Treasury yield edges up to ~4.66%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. ...
Reuters
Jan 16, 2025
BUZZ- UPS rises after BofA upgrades to 'buy' on predicted recovery in 2025
** United Parcel Service's UPS.N shares rise 1.4% to $129.26** BofA Global Research raises UPS to 'buy' from 'neutral' ** Brokerage sees a potential end to freight recession in 2025; says company's dynamic pricing model and cost cutting will also help ** BofA says UPS launched more aggressive d...
Reuters
Jan 16, 2025
FACTBOX-Hindenburg's short bets that shook markets
By Lisa Pauline Mattackal Jan 16 (Reuters) - Hindenburg Research's founder Nathan Anderson announced on Wednesday he would disband the firm whose short reports on companies typically led to sharp plunges in the stock prices, and in some cases, investigations by authorities. The firm bet against p...
Reuters
Jan 16, 2025
2 Artificial Intelligence (AI) Stocks With Seemingly Impenetrable Moats That Can Have Their Palantir Moment in 2025
Artificial intelligence (AI) is already transforming many industries, but not all tech companies will benefit equally. The companies with the most potential notched their AI lead years ago before their rivals had even jumped on the AI trend.The competitive moats established by Alphabet (NASDAQ: GOOG...
The Motley Fool
Jan 16, 2025
UPDATE 3-Target bumps up holiday sales forecast but margin worries rub off shine
Adds analyst comment in paragraphs 5-7, updates stock move in paragraph 4Target lifts holiday-quarter sales forecast on strong demandTarget's sales contrast with Macy's downbeat holiday outlookAnnounces leadership changes, including new chief stores officerTarget's maintained profit outlook weighs o...
Reuters
Jan 16, 2025
A Global Gathering, A One-Stop Exhibition | Shanghai is Set to Host SinoFoldingCarton 2025 on April 8-10
SHANGHAI, Jan. 16, 2025 /PRNewswire/ -- Amid the global trend of plastic reduction, the carton market is ushering in tremendous growth opportunities. The function of paper packaging as a plastic substitute offers significant value-added, making it an innovative packaging choice that is being increas...
PR Newswire
Jan 16, 2025
UPDATE 1-Automation firm Symbotic soars on $200 mln deal to buy Walmart's robotics unit
Updates shares in paragraph 1 Jan 16 (Reuters) - Symbotic's SYM.O shares jumped about 14% on Thursday after the automation firm said it would buy Walmart's WMT.N robotics business for $200 million as part of an agreement to expand the retailer's automated supply chain.The company said it would us...
Reuters
Jan 16, 2025
Is American Express Stock a Buy Before Jan. 24?
American Express (NYSE: AXP) stock blew past the S&P 500 in 2024, ending the year up 58%. In fact, it's been one of the best performers in the Dow Jones Industrial Average over the past year, behind only Nvidia and Walmart.The same features and tailwinds that made 2024 such a fruitful year should ma...
The Motley Fool
Jan 16, 2025
UPDATE 2-US FDA declines to approve Atara Biotherapeutics' cancer therapy
Adds share movement in paragraph 1, CEO comment in paragraph 5, background in paragraphs 7 to 12Jan 16 (Reuters) - The U.S. Food and Drug Administration on Thursday declined to approve Atara Biotherapeutics' ATRA.O therapy to treat patients with a rare cancer that develops after organ or stem cell t...
Reuters
Jan 16, 2025
RBC initiates coverage on Spanish banks, favors Bankinter
Investing.com -- Analysts at RBC Capital Markets have initiated coverage on two Spanish banks, Bankinter (BME:BKT) and CaixaBank (BME:CABK), flagging their prospects in a challenging European econ
Investing.com
Jan 16, 2025
BUZZ-UnitedHealth falls on fourth-quarter revenue miss, high medical costs
Updates** Shares of healthcare conglomerate UnitedHealth Group UNH.N fall 2.3% to $531 in early trade** Rival Elevance ELV.N down 2.1% and Cigna CI.N down 1.6% ** UNH posts fourth-quarter revenue of $100.81 billion, below analysts' avg expectation of $101.76 billion - LSEG data ** Revenue from premi...
Reuters
Jan 16, 2025
Nokia cut to Sell at Goldman on valuation, wireless share loss risks; stock down
Investing.com -- Goldman Sachs (NYSE:GS) analysts cut Nokia (HE:NOKIA) stock rating to Sell from Neutral in a move largely based on valuation concerns and a challenging outlook for its key business se
Investing.com
Jan 16, 2025
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