News
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BofA Global raises PT on Old Dominion Freight Line
Shares of U.S. shipping company Old Dominion Freight Line ODFL.O rise 1.48% to $158.04BofA Global Research raises PT on ODFL to $165 from $149, a 5.9% upside to the stock's last closeBrokerage cites ODFL's strong operations, pricing power and expected recovery from trough 2025 earnings justi...Reuters
Thu, Dec 18
GLOBAL MARKETS-Stocks rise, Treasury yields fall as US inflation softens
Stocks rise on sunnier tech sentimentUS CPI report for November softer than expectedBoE cuts rates, ECB stays putOil rises with Treasury pricesBy Sinéad Carew and Amanda Cooper NEW YORK/ LONDON, Dec 18 (Reuters) - Global shares rose on Thursday and Treasury yields dipped after soft U.S. inflation...Reuters
Thu, Dec 18
PREVIEW: Nike gains some traction ahead of results due after the close
Shares of Nike NKE.N up 0.8% on Thurs, with the athletic shoe and clothes co seen reporting a decline in yr-over-yr rev and EPS in its quarterly results, due after the closing bellAnalysts on avg expect NKE fiscal Q2 rev of $12.22 bln vs $12.35 bln in the yr-ago qtr and adj EPS of 38 cents vs 78 cen...Reuters
Thu, Dec 18
METALS-Copper steady after soft US inflation data in quiet trade
Dec 18 (Reuters) - Copper struggled to find direction on Thursday as a soft inflation reading in the United States was offset by a slightly firmer dollar, while traders trimmed their exposure ahead of the Christmas holiday.Benchmark three-month copper on the London Metal Exchange CMCU3 was little ch...Reuters
Thu, Dec 18
British stocks rise after BoE rate cut, softer US inflation data
FTSE 100 up 0.65%; FTSE 250 up 0.76%BoE cuts rate to 3.75%, signals cautious easing pathDefence stocks lead broad-based gainsBy Tharuniyaa . Dec 18 (Reuters) - London stocks rose on Thursday, lifted by the Bank of England's widely-anticipated interest rate cut and a lower-than-expected readi...Reuters
Thu, Dec 18
PREVIEW: FedEx profit seen rising heading into report after the bell
Shares of FedEx FDX.N up 0.6% at $283.80 in midday trading on Thurs as parcel giant slated to report fiscal Q2 results after market closeFor qtr-end Nov, analysts expect FDX to post adj EPS of $4.11, up from $4.05 a year ago, and rev to grow ~4% yr/yr to $22.79 bln, according to LSEG dataMemphis, Te...Reuters
Thu, Dec 18
LIVE MARKETS-AI bubble, bubble everywhere, well, maybe, maybe not
Main US indexes green, but off highs; Nasdaq out front, up ~1%Cons Disc leads S&P sector gainers; Energy off mostEuro STOXX 600 index up ~1%Dollar up; crude rises ~1%; bitcoin, gold slipUS 10-year Treasury yield edges down to ~4.12%Welcome to the home for real-time coverage of markets brought to...Reuters
Thu, Dec 18
Performance Food Group falls on CEO transition
Shares of food distributor Performance Food Group PFGC.N down 1.49% at $93.40Co appoints Scott McPherson as chief executive officer, effective Jan. 1Also names George Holm as executive chairIncluding session's moves, stock is up ~10.53% YTDReuters
Thu, Dec 18
Bitwise Sui ETF Files S-1 Registration Statement, SEC Filing Shows
Dec 18 (Reuters) - BITWISE SUI ETF: BITWISE SUI ETF FILES S-1 REGISTRATION STATEMENT- SEC FILINGBITWISE SUI ETF: WHEN TRUST CREATES OR REDEEMS ITS SHARES, IT WILL DO SO IN BLOCKS OF 10,000 SHARESBITWISE SUI ETF: COINBASE CUSTODY TRUST COMPANY, LLC SERVES AS CUSTODIAN FOR THE TRUST’S SUI HOLDINGSReuters
Thu, Dec 18
US STOCKS-Wall St gains as markets take easing inflation in stride, Micron leads tech rally
Micron up on signaling strong AI demand Annual consumer prices rise less than expected in NovTrump Media up on $6 bln merger deal with TAE Technologies Indexes up: Dow 0.89%, S&P 500 1.32%, Nasdaq 1.88%S&P 500, Nasdaq set for biggest daily gain in over three weeksBy Johann M Cherian and Shas...Reuters
Thu, Dec 18
LIVE MARKETS-Have yourself a dual mandate Christmas: CPI, jobless claims, Philly Fed
Main US indexes climb, Nasdaq out frontCons Disc leads S&P sector gainers; Energy weakest groupEuro STOXX 600 index up ~0.9%; ECB no change in ratesDollar ~flat; gold, crude gain; bitcoin up ~2.5%US 10-Year Treasury yield dips to ~4.12%Welcome to the home for real-time coverage of markets brough...Reuters
Thu, Dec 18
U.S. STOCKS ON THE MOVE-Cintas, Jabil, Eli Lilly
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes climbed on Thursday as a soft inflation reading kept alive chances of interest rate cuts by the Federal Reserve, while chipmaker Micron's blowout forecast ...Reuters
Thu, Dec 18
Truist raises PT on JPMorgan Chase
Truist Securities raises PT on largest U.S. lender JPMorgan Chase JPM.N to $330 from $319, a 4.8% upside to the stock's last closeBrokerage cites improved card loss expectations and a higher pace of share repurchasesMaintains its 2026 and 2027 EPS estimates at $20.75 and $22.80 after updating it...Reuters
Thu, Dec 18
Street View: AI demand positions Micron for extended upside
Shares of memory chip-maker Micron Technology MU.O surge 11.2% $250.70 Co expects Q2 adj. EPS of $8.42, plus or minus 20 cents, versus avg. analyst est of $4.78 - data compiled by LSEGQ1 adj. EPS came in at $4.78, vs ests of $3.95As of last close, MU has more than doubled this year AI LIFTS EARN...Reuters
Thu, Dec 18
Graphite One up as EXIM increases potential debt financing
Shares of Graphite One GPH.V up 4% at C$1.80U.S. Export-Import Bank (EXIM) upsizes Letter of Interest (LOI) for co's Graphite Creek project in Alaska to $670 million from $570 millionIt also raises LOI for co's planned Ohio facility to $1.4 billion, with a 15 year repayment term under EXIM&#...Reuters
Thu, Dec 18
Siebert Williams initiates coverage on American Electric Power with 'buy'
Brokerage Siebert Williams Shank & Co initiates coverage on utility American Electric Power AEP.O with a "buy" rating, sets price target at $137 The new PT represents upside of 19.4% to the stock's last closeBrokerage expects co's earnings growth over the next five years to be dr...Reuters
Thu, Dec 18
PSQ Holdings falls on $7.5 mln direct offering
Shares of software firm PSQ Holdings PSQH.N fall 11% to $1.05, hitting record low after co announces $7.5 mln registered direct offeringCompany to sell about 6.8 mln shares and accompanying warrants to buy up to 8.52 mln shares at a combined price of $1.10 per unit; warrants will be exercisable at $...Reuters
Thu, Dec 18
Ackman-backed Howard Hughes to buy insurer Vantage for $2.1 billion
By Apratim Sarkar Dec 18 (Reuters) - Bill Ackman-backed Howard Hughes Holdings HHH.N said on Thursday it will buy specialty insurance firm Vantage Group Holdings for about $2.1 billion, as the real estate firm diversifies beyond property development.Howard Hughes will fund the deal with cash and...Reuters
Thu, Dec 18
LIVE MARKETS-US stocks rally after inflation, jobs data
Main US indexes climb, Nasdaq out front, up ~2%Cons Disc leads S&P sector gainers; Energy weakest groupEuro STOXX 600 index up ~0.7%; ECB no change in ratesDollar, gold ~flat; crude gains; bitcoin up >3.5%US 10-Year Treasury yield dips to ~4.12%Welcome to the home for real-time coverage of ma...Reuters
Thu, Dec 18
CANADA STOCKS-TSX gains as tame U.S. inflation data supports rate cut bets
By Avinash P Dec 18 (Reuters) - Canada's main stock index gained on Thursday, after a softer-than-expected U.S. inflation print strengthened market expectations for Federal Reserve interest rate cuts.The S&P/TSX Composite index .GSPTSE rose 1% to 31,567.25 points by 10:06 a.m. ET, reboun...Reuters
Thu, Dec 18
