News
Important Only
Kezar gains on Aurinia buyout deal
Shares of biotech firm Kezar Life Sciences KZR.O rise 16.94% to $7.25 Aurinia Pharmaceuticals AUPH.O says it will buy KZR for $6.955 in cash per share and a contingent value rightBased on Reuters' calculations, the cash part of the deal is valued at about $51 millionThe contingent value right co...Reuters
4 minutes ago
Best 3 Nuclear Energy Stocks to Buy Right Now
Key PointsNuclear power plants require a specific kind of fuel to function, which has only a very small number of suppliers.The power utility business has evolved, rewarding suppliers who can meet user needs where and how they need it.Small nuclear reactors are relatively rare right now, but one com...The Motley Fool
5 minutes ago
Indian gas maker INOX Air Products plans $1 billion IPO, appoints bankers, sources say
India's IPO market sentiment subdued but big IPOs lined upINOX Air Products plans draft prospectus within a monthHired Kotak, JPMorgan and Citi to manage the IPOReliance Jio Platforms, NSE expected to go public this year By Vibhuti Sharma MUMBAI, March 30 (Reuters) - Indian industrial and med...Reuters
6 minutes ago
Biogen gets FDA approval for higher dose of genetic disorder drug
FDA approves higher-dose Spinraza after initial rejectionNew regimen includes two 50 mg doses, then 28 mg every four monthsBiogen to maintain same price for 28 mg and 12 mg vialsShares rise 3.3%By Mariam Sunny and Kunal Das March 30 (Reuters) - The U.S. Food and Drug Administration has approved a...Reuters
8 minutes ago
US food giant Sysco strikes $29 billion deal for catering supplier Restaurant Depot
Deal to be financed with $21 billion in new and hybrid debtShares of Sysco down about 12%Restaurant Depot shareholders to own about 16% of Sysco following dealSysco pauses share repurchase program amid acquisitionBy Neil J Kanatt March 30 (Reuters) - Sysco SYY.N said on Monday it would buy cateri...Reuters
9 minutes ago
Billionaire Investor Bill Ackman Has Some Investing Advice Right Now: Buy the Dip on Quality
Key PointsSeveral major market indexes have fallen into correction territory.The war in Iran has roiled stocks.Ackman said he sees an opportunity, but the key is to focus on quality businesses.These 10 stocks could mint the next wave of millionaires › While the stock market has actually held up bett...The Motley Fool
10 minutes ago
2 Things Every Lucid (LCID) Investor Needs to Know
Key PointsLucid is struggling to scale its business while reducing expenses.Its overwhelming dependence on Saudi Arabia is a double-edged sword.10 stocks we like better than Lucid Group › Lucid (NASDAQ: LCID), a producer of luxury electric vehicles (EVs), went public on July 26, 2021, through a merg...The Motley Fool
10 minutes ago
Viridian sinks as eye disease drug disappoints on efficacy despite trial success
By Siddhi MahatoleMarch 30 (Reuters) - Viridian Therapeutics VRDN.O shares slumped 34% to an eight-month low on Monday after its experimental treatment for thyroid eye disease lagged rivals in efficacy in a late-stage study, even as it met the main goal of reducing eye bulging. The 36% and 45% imp...Reuters
15 minutes ago
LIVE MARKETS-'Lipstick effect' keeps beauty sector growing, BofA says
Nasdaq ~flat; S&P 500 slightly higher; Dow up ~0.6%Real Estate leads S&P 500 sector gaioners; just Industrials, Tech redEuro STOXX 600 index up ~0.6%Dollar, gold, bitcoin advance; US crude rallies >2%US 10-Year Treasury yield slides to ~4.34%Welcome to the home for real-time coverage of m...Reuters
19 minutes ago
A Shocking Number of Americans Skip This Important Retirement Planning Step
Key PointsSaving regularly for retirement is important, but it's not the only thing that matters.You also need a retirement savings target to aim for so you don't wind up saving too little.One strategy for calculating a target involves saving 25 times your estimated annual out-of-pocket expenses in ...The Motley Fool
20 minutes ago
Amazon Stock Is Trading at a Historically Low Valuation
Key PointsAmazon's stock trades at less than 28 times earnings, which is far below its 10-year average.The company still possesses exciting growth opportunities in e-commerce, cloud computing, and even robotaxis.These 10 stocks could mint the next wave of millionaires › For years and even decades, A...The Motley Fool
20 minutes ago
Robinhood Is One of the Worst-Performing Stocks in the S&P 500 This Year. Is It Overdue for a Rally?
Key PointsShares of Robinhood have been crashing this year, partly due to its high valuation.There are concerns that competition is on the rise in the prediction markets.A slowdown in the economy may also hinder its growth.10 stocks we like better than Robinhood Markets › The stock market has been o...The Motley Fool
20 minutes ago
Asset managers gain as US opens up $10.1 trillion 401(k) market to private funds
Shares of U.S. asset managers climb after Labor Department releases new guidelines on including private assets in 401(k) plansBlackstone BX.N, KKR KKR.N, Apollo Global APO.N and Carlyle CG.O up between 1% and 2.6%The new guidelines would make it easier for 401(k) plan administrators to allocate a po...Reuters
28 minutes ago
CANADA STOCKS-TSX rises on energy, mining gains as Middle East conflict widens
By Rashika Singh and Ragini Mathur March 30 (Reuters) - Canada's resource-heavy main stock index rose on Monday, lifted by mining and energy gains, as firmer commodity prices offset concerns about a widening Middle East conflict.At 10:37 a.m. ET, the Toronto Stock Exchange's S&P/TSX C...Reuters
30 minutes ago
ProPetro gains after BofA starts coverage with 'buy' rating
Shares of oilfield services company ProPetro Holding PUMP.N up 3.7% at $15.23 after BofA Securities started coverage with a "buy" rating Brokerage says company is set to benefit from a recovery in U.S. oilfield activity, especially in completions, from 2027PUMP's core completions busines...Reuters
31 minutes ago
Nexstar falls after judge orders its acquired co to be operate as distinct business unit
Broadcasting firm Nexstar Media NXST.O shares fall 9.1% to $193.72 after a U.S. judge orders the co to temporarily keep its $3.54 bln acquisition of rival Tegna separate pending an antitrust reviewThe order follows a lawsuit from DirecTV, which argued the merger would drive up consumer costs and al...Reuters
32 minutes ago
LIVE MARKETS-Iran has incentive to drag out war, inflating prestige and market pain, strategist says
Nasdaq turns red; S&P 500 slightly higher; Dow up ~0.5%Real Estate leads S&P 500 sector gaioners; just Industrials, Tech redEuro STOXX 600 index up ~0.6%Dollar, gold, bitcoin advance; US crude rallies >2%US 10-Year Treasury yield slides to ~4.35%Welcome to the home for real-time coverage ...Reuters
32 minutes ago
Wolfe Research upgrades Crowdstrike to 'outperform'; shares rise
Crowdstrike Holdings' shares CRWD.O rise 4.6% to $386.47 Brokerage Wolfe Research upgrades CRWD to "outperform" from "peer perform"The stock fell about 6% on Friday alongside cybersecurity peers after news of Anthropic's upcoming "Mythos" model, which reportedly inclu...Reuters
34 minutes ago
Agnico Eagle rises on Cascadia placement, Yukon exploration tie-up
Shares of Canadian miner Agnico Eagle Mines AEM.TO rise 2% to C$272.8 Company to acquire 19.3 million units of Cascadia Minerals CAM.V in a non-brokered private placement for C$5.02 million ($3.60 million) at C$0.26 per unitAEM adds that it has also agreed to buy 10 million units from sellers partic...Reuters
36 minutes ago
Gevo rises as company weighs expansion at North Dakota ethanol facility
Shares of U.S.-based renewable fuels company Gevo GEVO.O rise 5.8% to $2.66Company says developing plans for a potential expansion at the site of its Gevo North Dakota (GND) site by adding a second ethanol production facility with targeted production capacity of up to 75 million gallons/year (MGPY) ...Reuters
46 minutes ago
