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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
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 seInvesting.com
Jan 16, 2025
BUZZ-BofA, Morgan Stanley close out bumper quarter for US banking giants
** Strong results from Morgan Stanley MS.N and Bank of America BAC.N wrap up a stellar quarter for Wall Street's 'big-six' banks ** Morgan Stanley up 1.8% in morning trading after Q4 profit more than doubles on a wave of dealmaking and stock sales** BofA's profit beats expectations as its traders be...Reuters
Jan 16, 2025
If You Bought 1 Share of ConocoPhillips at Its IPO, Here's How Many Shares You Would Own Now
ConocoPhillips (NYSE: COP) has grown into one of the world's largest oil and gas producers over the years. The oil company's public history dates back to 1998, when the Continental Oil Company separated from DuPont. It was the biggest initial public offering (IPO) in history at the time, at nearly $...The Motley Fool
Jan 16, 2025
CANADA STOCKS-TSX opens higher as metal mining shares advance; investors assess key economic data
Jan 16 (Reuters) - Canada's main stock index opened higher on Thursday, on the back of metal mining shares, while investors assessed domestic housing and U.S. retail sales data.At 9:33 a.m. ET (1433 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 0.24%, or 58.88 points, at ...Reuters
Jan 16, 2025
State auditor questions utility SoCal Edison's fire risk modeling
Regulators to vote on Southern California Edison's 2025 wildfire-mitigation plan on ThursdayAuditor found plan meets standards overall but underestimates wind riskSCE, other utilities face increased scrutiny as LA wildfires rage By Laila Kearney and Tim McLaughlin NEW YORK, Jan 16 (Reuters) - Sta...Reuters
Jan 16, 2025
US STOCKS SNAPSHOT-S&P 500 opens slightly higher with focus on earnings, economic data
Jan 16 (Reuters) - The benchmark S&P 500 opened slightly higher on Thursday following strong gains in the previous session, as investors assessed softer-than-expected retail sales data and a set of strong bank earnings.The Dow Jones Industrial Average .DJI rose 68.7 points, or 0.16%, at the open to ...Reuters
Jan 16, 2025
Morgan Stanley reports results for the quarter ended December 31 - Earnings Summary
Morgan Stanley MS.N reported quarterly adjusted earnings of $2.22 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 99 cents. The mean expectation of seventeen analysts for the quarter was for earnings of $1.70 per share. Wall St...Reuters
Jan 16, 2025
Insteel Industries Inc reports results for the quarter ended December 31 - Earnings Summary
Insteel Industries Inc IIIN.N reported quarterly adjusted earnings of 6 cents per share for the quarter ended December 31, identical to the same quarter last year. The mean expectation of two analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range fro...Reuters
Jan 16, 2025
PNC Financial Services Group Inc reports results for the quarter ended December 31 - Earnings Summary
PNC Financial Services Group Inc PNC.N reported quarterly adjusted earnings of $3.93 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $3.16. The mean expectation of twenty analysts for the quarter was for earnings of $3.33 per s...Reuters
Jan 16, 2025
Unitedhealth Group Inc reports results for the quarter ended December 31 - Earnings Summary
Unitedhealth Group Inc UNH.N reported quarterly adjusted earnings of $6.81 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $6.16. The mean expectation of twenty four analysts for the quarter was for earnings of $6.72 per....
Reuters
Jan 16, 2025
M&T Bank Corp reports results for the quarter ended December 31 - Earnings Summary
M&T Bank Corp MTB.N reported quarterly adjusted earnings of $3.86 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $3.61. The mean expectation of nineteen analysts for the quarter was for earnings of $3.73 per share. Wall Street...Reuters
Jan 16, 2025
