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Truist raises Amgen PT on expected Q1 beat, obesity focus
Brokerage Truist Securities raises drugmaker Amgen's AMGN.O PT to $325, a 4.4% downside to stock's last close, from $319; keeps "hold" rating ahead of Q1 resultsExpects modest revenue, EPS beat for Q1; revenue outlook at $9.18 bln vs consensus $8.58 bln and non-GAAP EPS of $5.24 vs $...Reuters
Wed, Apr 8
Commodities
GRAINS-Wheat slides 3% after Trump announces ceasefire
Wheat at two-week low, corn down nearly 1%, soybean edges higherDeep losses in oil market after Trump's ceasefire announcementWheat prices face bigger drop on improved supply prospectsBy Sybille de La Hamaide and Naveen Thukral PARIS/SINGAPORE, April 8 (Reuters) - Chicago wheat futures fe...Reuters
Wed, Apr 8
Other
Egetis Gets Conditional FDA Name Acceptance
April 8 (Reuters) - Egetis Therapeutics AB (publ) EGTX.ST:RECEIVES CONDITIONAL FDA ACCEPTANCE OF PROPRIETARY NAME EMCITATEFINAL APPROVAL OF EMCITATE NAME RESERVED UNTIL NDA APPROVALAPPLICATION GRANTED PRIORITY REVIEW WITH PDUFA DATE OF SEPTEMBER 28, 2026Reuters
Wed, Apr 8
Commodities
UK will work with shipping, other firms to restore confidence in Strait of Hormuz, Cooper says
LONDON, April 8 (Reuters) - Britain will work with the shipping, insurance and energy sectors to try to restore confidence in the Strait of Hormuz "as quickly as possible", British foreign minister Yvette Cooper said on Wednesday, after a U.S.-Iran ceasefire."Iran must cease all mining, ...Reuters
Wed, Apr 8
Stocks
Citi lifts GATX rating to 'buy' on end markets strength
Citi lifts railcar lessor GATX GATX.N to "buy" from "neutral", raises price target to $211 from $210 earlierNew PT represents a 19.5% premium on stock's last closeBrokerage says co's diverse end markets and favorable industry supply/demand support earnings stabilitySays the I...Reuters
Wed, Apr 8
Commodities
Suncor Sarnia Refinery Reports Planned Maintenance
April 8 (Reuters) - Suncor Energy Inc. SU.TO :REPORTS PLANNED MAINTENANCE ACTIVITIES AT ITS SARNIA, ONTARIO REFINERY FROM APRIL 8, 2026SAYS AS A RESULT, THERE MAY BE PERIODS OF VISUAL AIR EMISSIONS THROUGHOUT THE DAYSOURCE: COMMUNITY ALERTCAPACITY: 85,000 BARRELS PER DAYReuters
Wed, Apr 8
Stocks
Can Netflix Stock Double in 5 Years? Yes -- But Only If These 3 Things Happen
Key PointsNetflix doesn't need rapid growth -- it needs sustainable and growing profits.Advertising could become the second engine for the streaming service.Netflix's valuation depends on continued execution of its plans.10 stocks we like better than Netflix › Netflix (NASDAQ: NFLX) doesn't look lik...The Motley Fool
Wed, Apr 8
Stocks
Spyre CEO Sells $740K in Stock After 300% Surge as Key Q3 Data Nears
Key PointsThe CEO of Spyre Therapeutics reported selling 15,000 shares for a total transaction value of about $740,000 on April 1, 2026.The transaction represented 2.33% of Cameron Turtle’s directly held common stock holdings and reduced direct ownership to 627,540 common shares post-sale, as report...The Motley Fool
Wed, Apr 8
Commodities
Shell flags lower gas output, capital outflow amid Iran conflict but sees oil trading boost
Shell cuts Q1 integrated gas outlook after Qatar disruptionsMiddle East conflict boosts oil trading profitsFlags $10 bln-$15 bln working capital outflow amid price swingsAnalysts raise first-quarter profit forecastsBy Stephanie Kelly and Shadia Nasralla LONDON, April 8 (Reuters) - Shell said on W...Reuters
Wed, Apr 8
Forex
Turkish shares rise after Iran ceasefire deal, lira set for rare daily gain
ISTANBUL, April 8 (Reuters) - Banking and airline stocks led a more than 4% rise in Turkish shares and the lira was on track for a rare daily gain on Wednesday, as the two-week Middle East ceasefire sparked a relief rally across global markets.At 1057 GMT, Turkey's blue-chip BIST 100 index .XU10...Reuters
Wed, Apr 8
Stocks
US STOCKS-US stock index futures climb on relief from US-Iran ceasefire
Futures up: Dow 2.52%, S&P 500 2.66%, Nasdaq 3.5%Oil stocks tumble as crude prices slump over 13% Airlines, cruise operators rally on lower oil prices By Johann M Cherian and Purvi Agarwal April 8 (Reuters) - Wall Street stock index futures rose more than 2% across the board on Wednesday afte...Reuters
Wed, Apr 8
Other
Unica Capital buys Gstaad property site Promenade 23, home to Ralph Lauren store
April 8 (Reuters) - Property investment company Unica Capital said on Wednesday it had bought the Gstaad property site Promenade 23, which is currently under long-term lease to fashion company Ralph Lauren RL.N, for an undisclosed amount.Unica Capital is a specialist real estate investment and devel...Reuters
Wed, Apr 8
Stocks
iBio rises as obesity drug gets first green light for human trial in Australia
Shares of biotech firm iBio IBIO.O rise 7% to $2.25 premarketCo says Australian regulators have cleared first human study of its experimental obesity drug IBIO-600Drug targets obesity and aims to preserve muscle while people lose weight - IBIOSays IBIO-600 is designed to be used alongside GLP-1 weig...Reuters
Wed, Apr 8
Stocks
Needham initiates coverage of MapLight on schizophrenia drug potential
Needham initiates coverage on Maplight Therapeutics MPLT.O with a "buy" rating and a PT of $37Brokerage says MPLT's experimental lead drug ML-007C-MA is a safer and more convenient alternative to Bristol Myers Squibb's BMY.N drug, Cobenfy*Adds the drug is differentiated from Cobenfy ...Reuters
Wed, Apr 8
Stocks
BioXcel rises as trial starts for its stress disorder drug in trauma victims
Shares of biotech firm BioXcel Therapeutics BTAI.O rise 11.9% to $1.22 premarketCo says it has begun enrolling patients in a trial of BXCL501 for acute stress reactions, a short‑term mental health condition that can include anxiety, sleep trouble and pain after traumatic eventsSays the drug is being...Reuters
Wed, Apr 8
Other
Russia says it has summoned Japanese ambassador over Ukrainian drone investment
MOSCOW, April 8 (Reuters) - Russia's Foreign Ministry said on Wednesday that Moscow had lodged a protest over an investment in Ukrainian interceptor drones by Japan's Terra Drone 278A.T, and summoned the Japanese ambassador in Moscow.Reuters
Wed, Apr 8
Other
Advent drops takeover pursuit of UK's Senior
April 8 (Reuters) - U.S. private equity firm Advent International said on Wednesday it would not make an offer for Senior Plc SNR.L, after the British aerospace supplier agreed to a 1.4 billion pound ($1.88 billion) takeover proposal from a consortium comprising Tinicum and Blackstone BX.N . ($1...Reuters
Wed, Apr 8
Cryptocurrencies
AI crypto tokens Render and Near Protocol rally amid Anthropic’s Glasswing initiative
Artificial Intelligence (AI) crypto tokens, such as Near Protocol (NEAR) and Render (RNDR), are extending gains on Wednesday amid the launch of Antropic Glasswing initiative, while the broader cryptocurrency market recovery linked to the US-Iran ceasefire adds tailwind.Fxstreet
Wed, Apr 8
Stocks
These Dividend Stocks Are Smart Buys for $130, No Matter What the Market Does
Key PointsBoth of these companies have traits that should allow them to perform fairly well even when the going gets rough.They have increased their dividends for a combined 117 consecutive years. 10 stocks we like better than Coca-Cola › Equity markets have experienced some turmoil in recent weeks....The Motley Fool
Wed, Apr 8
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