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Stocks
Is Lucid Stock a Buy Now?
Lucid Group (NASDAQ: LCID) has disappointed many investors since its public debut in July 2021. The maker of luxury electric sedans went public by merging with a special purpose acquisition company (SPAC), and it opened at $25.24 on its first day.Its stock more than doubled to its record closing pri...The Motley Fool
Mon, Feb 24
Stocks
BUZZ-BioCryst falls on wider-than-expected quarterly loss
** Drugmaker BioCryst Pharmaceuticals' BCRX.O shares fall 11% to $8.20 ** Co posts Q4 net loss of 13 cents per share, compared with analysts' estimates of a loss of 6 cents per share, according to data compiled by LSEG** Separately in a filing, co discloses it received a notice from India...Reuters
Mon, Feb 24
Commodities
Canada's Equinox Gold to buy Calibre Mining in all-stock deal worth $1.8 billion
Feb 24 (Reuters) - Canada's Equinox Gold EQX.TO on Sunday said it would acquire all outstanding shares of Calibre Mining CXB.TO in an all-stock deal, aiming to benefit from upcoming Canadian output as gold prices reach record highs.Under the deal, Calibre shareholders will receive 0.31 Equinox c...Reuters
Mon, Feb 24
Stocks
BUZZ-FX options wrap - Risk premiums struggle to stay afloat
The volatility risk premium attached to FX options is struggling to stay afloat as spot markets cling to familiar ranges amid a broader lack of directional conviction. Traders remain reluctant to offload all their bets on future USD strength, but are not yet prepared to bet too much on a sustained U...Reuters
Mon, Feb 24
Stocks
Alphabet Stock Is One of the Most Undervalued Growth Stocks Right Now
Investors are not excited about Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock, which is keeping its shares undervalued.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices ...The Motley Fool
Mon, Feb 24
Other
Exclusive: CRC Group in deal discussions for Stone Point stablemate ARC E&S
By James ThalerFeb 24 - (The Insurer) - CRC Group is in talks to acquire Long Island-based ARC Excess & Surplus in a potential $500 million deal that would combine the two Stone Point Capital-backed wholesalers. Sources with knowledge of the situation said the parties have been in talks for at l...Reuters
Mon, Feb 24
Other
Ex-DOJ criminal division chief Argentieri joins law firm Cravath
By Sara Merken Feb 24 (Reuters) - Nicole Argentieri, the former head of the U.S. Department of Justice's criminal division during the Biden administration, is joining Cravath, Swaine & Moore as a partner, the law firm said on Monday. Argentieri oversaw 1,400 prosecutors and staff members ...Reuters
Mon, Feb 24
Stocks
Prediction: Buying Honeywell Stock Today Will Set You Up for Life
Investors may buy stocks for any number of reasons, but when it comes to Honeywell International (NASDAQ: HON), there's one reason in particular that looks like a good argument for adding it to your portfolio now. However, it might not be the one many investors expect as the conglomerate moves towar...The Motley Fool
Mon, Feb 24
Other
Devonshire Underwriting GWP reaches 12.7 million pounds since launch
By Ryan HewlettFeb 24 - (The Insurer) - London-headquartered transactional risk MGA Devonshire Underwriting achieved gross written premium of 12.7 million pounds ($16.1 million) in its first nine months of operation.The figures were unveiled in a trading update filed on Monday by AIM-listed venture ...Reuters
Mon, Feb 24
Commodities
RSUM confirms RB Jones' Engel as marine and energy CEO
Feb 24 - (The Insurer) - Ryan Specialty has confirmed the appointment of Mark Engel to lead Ryan Specialty Underwriting Managers' marine and energy practice, based in New York City.In his new role as CEO of marine and energy, Engel will be responsible for overseeing the operations, growth strate...Reuters
Mon, Feb 24
Stocks
Jefferies raises Freshpet to buy, says shares worth 50% above current levels
Investing.com -- Jefferies analysts upgraded Freshpet (NASDAQ:FRPT) to a Buy rating from Hold, citing a strong growth outlook and an undervalued stock price. "Freshpet's shares are down 32% this yearInvesting.com
Mon, Feb 24
Stocks
LIVE MARKETS-Immigration restrictions could be just as consequential as tariffs - Morgan Stanley
U.S. equity indexes green: Dow post highest gain ~up 0.3%Financials lead S&P 500 gainers; Real estate leads laggardsJan national activity index -0.03 vs 0.15 in DecEuro STOXX 600 index down ~0.1%Dollar edges up; gold gains; bitcoin, crude slipU.S. 10-Year Treasury yield edges up to ~4.44%Welcome...Reuters
Mon, Feb 24
Other
US judge blocks Musk's DOGE team from accessing Education Department, OPM data
Feb 24 (Reuters) - A federal judge on Monday blocked the government downsizing team created by President Donald Trump and spearheaded by billionaire Elon Musk from accessing sensitive data maintained by the U.S. Education Department and the U.S. Office of Personnel Management.U.S. District Judge Deb...Reuters
Mon, Feb 24
Other
US Supreme Court rebuffs free speech challenge to abortion clinic buffer zone
Buffer zones aim to protect patient access to clinicsChallengers say buffer zones violate free speech rightsWASHINGTON, Feb 24 (Reuters) - The U.S. Supreme Court declined on Monday to hear a challenge to the legality of buffer zones used to protect access to abortion clinics and limit harassment of ...Reuters
Mon, Feb 24
Other
BRIEF-Starbucks Says Starting March 4, Will Remove A Selection Of Less Popular Beverages From Its Menu
Feb 24 (Reuters) - Starbucks Corp SBUX.O:STARBUCKS - STARTING MARCH 4, WE WILL REMOVE A SELECTION OF LESS POPULAR BEVERAGES FROM OUR MENUSTARBUCKS - ADDITIONAL BEVERAGES AND FOOD WILL EXIT STARBUCKS MENU THROUGHOUT THE COMING MONTHSSTARBUCKS - 30% REDUCTION OF MENU ITEMS BY THE END OF FISCAL YEAR...Reuters
Mon, Feb 24
Stocks
The Biggest Risk for Uber Stock Investors
Driverless car technology is the biggest threat to Uber's (NYSE: UBER) longevity.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of Feb. 20, 2025. The video was publis...The Motley Fool
Mon, Feb 24
Other
REIT Sun Communities to sell superyacht servicing business to Blackstone for $5.65 billion
Feb 24 (Reuters) - Real estate investment trust Sun Communities SUI.N said on Monday it would sell its superyacht servicing business, Safe Harbor Marinas, to Blackstone Infrastructure BX.N for $5.65 billion in cash.Reuters
Mon, Feb 24
Other
CANADA RESEARCH ROUNDUP-Boardwalk REIT , Q2 Metals, Storagevault Canada
Feb 24 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Boardwalk REIT, Q2 Metals and Storagevault Canada, on Monday. HIGHLIGHTS * Boardwalk REIT BEI_u.TO: CIBC cuts target price to C$80 from C$86 * Bombardier BBDb.TO: UBS raises to ...Reuters
Mon, Feb 24
Stocks
Should You Buy Apple Stock Instead of Microsoft Stock?
Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) are two of the most successful companies in the world, but only one can be the better long-term investment in this comparison.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. ...The Motley Fool
Mon, Feb 24
Other
US auto safety agency laid off 4% of staff, spokesperson says
WASHINGTON, Feb 24 (Reuters) - The National Highway Traffic Safety Administration laid off 4% of its staff as part of a government-wide trimming of probationary employees, a spokesperson said Monday.The agency has pending investigations into Tesla TSLA.O, which is headed by Elon Musk, the CEO of the...Reuters
Mon, Feb 24
