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Ferguson Enterprises marginally up premarket after Barclays hikes target price
** Ferguson Enterprises FERG.N marginally up to $212 in pre-market trading ** Co trading at its highest level since Dec 2024 ** Noting robust Q3 results, Barclays raises PT from $190 to $247, an upside of 16.9% to the stock's last close; maintains "overweight" rating ** "Althou...Reuters
Wed, Jun 4
Other
Dollar Tree raises annual profit forecast
June 4 (Reuters) - Discount store operator Dollar Tree DLTR.O raised its annual profit forecast on Wednesday, as lower freight costs and resilient demand for affordable essentials at its stores helped shield its margins.The company expects fiscal 2025 adjusted earnings per share to be in the range o...Reuters
Wed, Jun 4
Other
Chart Industries And Flowserve Near All-Stock Merger - WSJ
June 4 (Reuters) - CHART INDUSTRIES AND FLOWSERVE NEAR ALL-STOCK MERGER - WSJIN THE DEAL, CHART INDUSTRIES SHAREHOLDERS WOULD RECEIVE 3.165 SHARES OF FLOWSERVE COMMON STOCK FOR EACH SHARE OF CHART COMMON STOCK OWNED - WSJCHART INDUSTRIES AND FLOWSERVE COMBINED ENTITY WOULD BE WORTH ROUGHLY $19 BILLI...Reuters
Wed, Jun 4
Commodities
Mercedes-Benz production chief: in constant dialogue with suppliers over rare earths
RASTATT, Germany, June 4 (Reuters) - Mercedes-Benz MBGn.DE is closely coordinating with its top suppliers over rare earth procurement, the carmaker's production chief said on Wednesday, saying that "physical buffers" played a role in the discussions.Joerg Burzer, Mercedes-Benz's mana...Reuters
Wed, Jun 4
Other
Globalfoundries plans to invest 1.1 bln eur in Germany, says Handelsblatt
BERLIN, June 4 (Reuters) - U.S. chipmaker Globalfoundries plans to invest around 1.1 billion euros ($1.25 billion) in the eastern German city of Dresden, Handles daily reported on Wednesday, citing sector sources.The German government is expected to support the expansion of its production site with ...Reuters
Wed, Jun 4
Stocks
Better Dividend ETF to Buy Now: Schwab U.S. Dividend Equity ETF or Vanguard Dividend Appreciation ETF?
Diversification is crucial for dividend investors. You don't want to depend on only a few companies for your dividend income, because it can be painful if something goes wrong.That's where exchange-traded funds (ETFs) can make life much easier. The Vanguard Dividend Appreciation ETF (NYSEMKT: VIG) a...The Motley Fool
Wed, Jun 4
Stocks
Bright Scholar Announces Formation of Special Committee
CAMBRIDGE, England and FOSHAN, China, June 4, 2025 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced that its board of directors (the "Board") has forme...PR Newswire
Wed, Jun 4
Commodities
EU picks 13 new critical material projects, including in Greenland
By Julia Payne PARIS, June 4 (Reuters) - The European Commission on Wednesday announced 13 new raw material projects outside the bloc to increase its supplies of metals and minerals essential for it to stay competitive in the energy transition as well as defence and aerospace. The EU's an...Reuters
Wed, Jun 4
Other
Kia America, Inc. Is Recalling 82,281 U.S. Vehicles - NHTSA
June 4 (Reuters) - Hyundai Motor Co 005380.KS:KIA AMERICA, INC. IS RECALLING 82,281 U.S. VEHICLES - NHTSAKIA AMERICA, INC. IS RECALLING SOME U.S. VEHICLES AS PARKING LIGHTS THAT FAIL TO ILLUMINATE PROPERLY CAN REDUCE VISIBILITY, INCREASING THE RISK OF A CRASH.- NHTSASource text: https://tinyurl.com/...Reuters
Wed, Jun 4
Commodities
German electronics firms worried about rare earths shortages, lobby group says
FRANKFURT, June 4 (Reuters) - Shortages in rare earths are posing ever-greater challenges for companies in Germany's electronics and digital sector, the ZVEI lobby group said on Wednesday, after China restricted exports of rare earths and other minerals."We can see that concern is growing. M...Reuters
Wed, Jun 4
Other
Katapult Holdings- Enters Limited Waiver & Amendment Agreement - SEC Filing
June 4 (Reuters) - Katapult Holdings Inc KPLT.O:KATAPULT HOLDINGS- ENTERS LIMITED WAIVER & AMENDMENT AGREEMENT - SEC FILINGKATAPULT HOLDINGS- MATURITY DATE & LIMITED WAIVER TERMINATION DATE EXTENDED TO JUNE 9Source text: [ID:n0000950103-25-006977]Reuters
Wed, Jun 4
Other
Autoliv Capital Markets Day - Sustainable Increase In Shareholder Returns With Increased Dividend And New Stock Repurchase Program
June 4 (Reuters) - Autoliv Inc ALV.N:AUTOLIV CAPITAL MARKETS DAY - SUSTAINABLE INCREASE IN SHAREHOLDER RETURNS WITH INCREASED DIVIDEND AND NEW STOCK REPURCHASE PROGRAMAUTOLIV INC: REITERATES 2025 GUIDANCEAUTOLIV- SEES AVERAGE ANNUAL SHARE REPURCHASES BETWEEN $300 AND 500 MILLION THROUGH END OF 2029A...Reuters
Wed, Jun 4
Commodities
Sable Offshore - Court Grants Temporary Restraining Orders Against Co, Regarding Las Flores Pipeline System
June 4 (Reuters) - Sable Offshore Corp SOC.N:SABLE OFFSHORE - COURT GRANTS TEMPORARY RESTRAINING ORDERS AGAINST CO, REGARDING LAS FLORES PIPELINE SYSTEMSABLE OFFSHORE: TEMPORARY RESTRAINING ORDER PROHIBIT CO FROM RESTARTING TRANSPORTATION OF OIL THROUGH LAS FLORES PIPELINE SYSTEMSABLE OFFSHORE CORP...Reuters
Wed, Jun 4
Stocks
Drugmaker Merus drops on $300 mln stock offering
** U.S.-listed shares of Merus NV MRUS.O down 6.5% to $58.34 before the bell after follow-on priced** Dutch biotech firm early Weds announced ~5.3 mln shares at $57 for $300 mln gross proceeds** Offering priced at 8.7% discount to stock's last sale** Co plans to use net offering proceeds to adv...Reuters
Wed, Jun 4
Other
Viper Energy- Sitio Will Be Required To Pay Viper Termination Fee Cash Amount Of $89.6 Mln, Under Certain Circumstances Pursuant To Merger
June 4 (Reuters) - Viper Energy Inc VNOM.O:VIPER ENERGY-SITIO WILL BE REQUIRED TO PAY VIPER TERMINATION FEE CASH AMOUNT OF $89.6 MILLION, UNDER CERTAIN CIRCUMSTANCES PURSUANT TO MERGERSource text: [ID:n0001193125-25-134303]Reuters
Wed, Jun 4
Other
Howden strengthens European credit offering with Granular Investments deal
By Rebecca DelaneyJune 4 - (The Insurer) - Howden has completed the acquisition of Granular Investments Limited and Granular Investments EU SAS, bolstering its credit risk transfer capabilities in Europe, the broker said on Wednesday.Howden said the transaction will enhance its product offerings for...Reuters
Wed, Jun 4
Other
Beta FinTech Files For US IPO Of 2 Mln Ordinary Shares - SEC Filing
June 4 (Reuters) - BETA FINTECH HOLDINGS LTD FILES FOR U.S IPO OF 2 MILLION ORDINARY SHARES- SEC FILINGBETA FINTECH HOLDINGS LTD: IPO PRICE WILL BE IN RANGE OF $4 TO $6 PER ORDINARY SHAREBETA FINTECH HOLDINGS LTD: CATHAY SECURITIES, INC. IS UNDERWRITER TO U.S. IPOBETA FINTECH HOLDINGS LTD: RESERVED ...Reuters
Wed, Jun 4
Stocks
Snowflake's Smart $250 Million Acquisition
Snowflake's (NYSE: SNOW) data cloud enables enterprises to run analytics and artificial intelligence (AI) workloads across data that's been ingested from a variety of sources. While Snowflake customers have been able to ingest data from relational databases like Postgres via connectors, the platform...The Motley Fool
Wed, Jun 4
Other
Ford Motor Company Is Recalling 492,145 U.S. Vehicles - NHTSA
June 4 (Reuters) - Ford Motor Co F.N:FORD MOTOR COMPANY IS RECALLING 492,145 U.S. VEHICLES - NHTSAFORD MOTOR COMPANY IS RECALLING SOME U.S. VEHICLES AS DOOR TRIM THAT DETACHES WHILE DRIVING CAN CREATE A ROAD HAZARD, INCREASING THE RISK OF A CRASH.- NHTSAFORD MOTOR COMPANY IS RECALLING 63,898 U.S. VE...Reuters
Wed, Jun 4
Other
NHTSA Says Tesla Is Recalling 172 US Vehicles As Windshield Wipers Nozzles May Be Blocked
June 4 (Reuters) - Tesla Inc TSLA.O:TESLA, INC. (TESLA) IS RECALLING CERTAIN 2026 MODEL Y VEHICLES - NHTSATESLA IS RECALLING 172 U.S. VEHICLES AS WINDSHIELD WIPERS NOZZLES MAY BE BLOCKED - NHTSASource text: https://tinyurl.com/bdz3k5puReuters
Wed, Jun 4
