News
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Bristol Myers drops after US judge rules co must face $6.7 bln lawsuit
Shares of Bristol Myers Squibb BMY.N down 1.14% at $48.62 after U.S. judge rejects bid to dismiss $6.7 bln lawsuit over Celgene dealJudge allows UMB Bank to pursue claims on behalf of Celgene shareholders, alleging Bristol Myers breached contract and failed to act in good faith by delaying FDA appro...Reuters
Tue, Dec 2
Medicare Part B Premiums Are Rising in 2026. Here's What to Expect.
Key PointsMedicare Part B covers outpatient care. The cost of Part B is increasing substantially in 2026. For seniors on Social Security, that increase will eat into their upcoming cost-of-living adjustment. The $23,760 Social Security bonus most retirees completely overlook › There's a reason many ...The Motley Fool
Tue, Dec 2
Why United Natural Foods Stock Is Popular Today
Key PointsUnited Natural Foods "beat" on earnings last night, but still reported a GAAP loss. Guidance was weaker than expected, but investors are in a forgiving mood.United Natural Foods said it will probably earn a GAAP profit this year.10 stocks we like better than United Natural Foods › United N...The Motley Fool
Tue, Dec 2
PRECIOUS-Gold falls on profit-booking; investors eye Fed rate cut signals
Market expects 87% chance of 25-basis point rate cut in DecGold may reach $5,000 early in the new year, analyst saysCentral banks bought 53 tons of gold in October, WGC saysBy Anmol Choubey Dec 2 (Reuters) - Gold prices edged lower on Tuesday as investors took profits following a six-week high in...Reuters
Tue, Dec 2
Vestis drops on lower Q4 adjusted profit
Shares of uniform workplace supplies provider Vestis VSTS.N fall 6.6% to $6.28 after posting Q4 resultsReports Q4 adj. EPS of 3 cents vs 11 cents a year-ago Q4 revenue of $712 mln higher than $684.3 mln in Q4 2024Co launches business transformation plan, expected to generate cost savings of at least...Reuters
Tue, Dec 2
RPT-EXCLUSIVE-Hermes heir takes aim at LVMH's Arnault in missing shares civil lawsuit, court document shows
Lawsuit depends on outcome of criminal investigation Arnault, LVMH haven't been placed under formal investigation, prosecutors say Hermes heir Puech says he lost 6 million Hermes sharesCase linked to LVMH's build-up of position in rival Hermes By Tassilo Hummel and Juliette Jabkhiro PARIS...Reuters
Tue, Dec 2
Musk wins fight to keep lawyer Alex Spiro in Twitter trial
By Mike Scarcella WASHINGTON, Dec 2 (Reuters) - Elon Musk has persuaded a judge that his longtime lawyer Alex Spiro can represent him in a shareholder lawsuit over the billionaire's 2022 Twitter acquisition even though he may be a trial witness in the case. San Francisco-based U.S. D...Reuters
Tue, Dec 2
Should You Buy Rivian While It's Below $18?
Key PointsRivian has achieved key goals as it looks to become a profitable electric vehicle company.It has established important partnerships with Amazon and Volkswagen, which will help in its goals.The introduction of its mass-market truck, projected for 2026, will be a significant test for the com...The Motley Fool
Tue, Dec 2
Street View: Barrick’s North America IPO plan seen as key to unlocking value
Canadian miner Barrick Mining ABX.TO on Monday said it was exploring an initial public offering (IPO) of a subsidiary that would hold its North American gold assets as bullion prices this year have rallied to record highsShares of the company have gained 161.5% YTD, including session's moveNORTH...Reuters
Tue, Dec 2
Hermes heir takes aim at LVMH's Arnault in missing shares civil lawsuit, court document shows
Lawsuit depends on outcome of criminal investigation Arnault, LVMH haven't been placed under formal investigation, prosecutors say Hermes heir Puech says he lost 6 million Hermes sharesCase linked to LVMH's build-up of position in rival Hermes By Tassilo Hummel and Juliette Jabkhiro PARIS...Reuters
Tue, Dec 2
Pioneer Power gains on partnership with UAE-based Savvy Charging
Shares of heavy electrical equipment maker Pioneer Power Solutions PPSI.O rise ~2% at $3.78Company's e-Boost business unit signs a Memorandum of Understanding (MoU) with Savvy Charging Technologies, an EV charging operator in the United Arab EmiratesThe MoU leads PPSI's entry into the Middle...Reuters
Tue, Dec 2
Rare Earth Stocks Jump With The Metals Company up 12%
Rare earth stocks jumped in morning trading. The Metals Company rose 12%; USA Rare Earth rose 8%; Critical Metals rose 7%; Ramaco Resources rose 6%; NioCorp Developments and Energy Fuels rose 5%; Idaho Strategic Resources rose 4%; MP Materials rose 3%.Tiger News
Tue, Dec 2
3 Dirt Cheap Dividend Stocks to Buy and Hold
Key PointsA high yield isn't always a red flag if investors haven't noticed key tailwinds.These dividend stocks are attractively valued and have competitive yields.Investors will have to be patient with these undervalued dividend stocks. 10 stocks we like better than Cisco Systems › The S&P 500 is u...The Motley Fool
Tue, Dec 2
Utility Exelon extends fall after $900 mln convertible offering
Shares of electric utility Exelon EXC.O down 0.6% early Tues to $45.43 after capital raise secured Chicago, Illinois-based EXC late Mon announced pricing private offering of $900 mln 3.25% convertible bonds due Mar 15, 2029 Initial conversion price set at $57.11, 25% above stock's...Reuters
Tue, Dec 2
Balyasny Asset Management up over 15% so far in 2025, says source
LONDON, Dec 2 (Reuters) - Balyasny Asset Management posted a 2.5% return in November and is up 15.3% this year so far, a source told Reuters on Tuesday. The $31 billion multi-strategy hedge fund had led many of its peers in its over-all performance to October. Citadel's flagship fund Wellington ...Reuters
Tue, Dec 2
Why This AI Cloud Stock Could Be the Market's Biggest Sleeper
Key PointsTo find a true sleeper, you have to look beyond Amazon, Microsoft, and Alphabet.Well worth considering is Alibaba, the fourth-largest cloud computing provider.The China-based company holds a dominant position in that enormous market.10 stocks we like better than Alibaba Group › There are a...The Motley Fool
Tue, Dec 2
Teradyne gains as Stifel upgrades to 'buy,' raises PT
Chip testing equipment maker Teradyne's TER.O shares rise 4.7% to $187.84Stifel upgrades rating to "buy" from "hold," raises PT to $225 from $162New PT represents an upside of 25.2% to stock's last closing priceAverage rating of 18 analysts is equivalent of a "buy," t...Reuters
Tue, Dec 2
Blackbaud rises on Anthropic partnership
Shares of cloud software provider Blackbaud BLKB.O up 3.2% at $59.20 BLKB announces partnership with AI startup Anthropic to launch new 'Claude for Work connector,' which will allow nonprofit professionals to access BLKB data"Blackbaud's data and expertise, combined with Claude's...Reuters
Tue, Dec 2
