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Anglo American Stock Rises After Agreeing Sale of Interest in Jellinbah
Anglo American (LON: AAL) saw its stock price rise more than 1% Monday after the announcement of an agreement to sell its 33.3% minority interest in Jellinbah Group Pty Ltd to Zashvin Pty Limited for A$1.6 billion (approximat
ASTS a Beneficiary of Pentagon’s Boosted Satellite Program
In a significant move, the Pentagon has announced a substantial budget increment for its 'Proliferated Low Earth Orbit (PLEO) Satellite-Based Services' military program, from the previously agreed upon ceiling of $900 million
Thames Water Secures £1.5 Billion Rescue Plan
In a significant financial development for Britain's largest water and wastewater company, Thames Water, a creditor group has put forth a £1.5 billion funding lifeline. As the company navigates its way through financial diffi
Burberry Shares (BRBY) Surge Amid Moncler Takeover Rumors
British luxury fashion retailer Burberry shares (LON: BRBY) soared today amid speculative whispers of a potential takeover bid by the French luxury brand Moncler. Burberry's share price is up 6.48% at 864.60 as the day comes
Abbott Labs Stock Price Target Hike – Closing In on 52 Wk High
Following a favourable outcome in a recent necrotizing enterocolitis (NEC) lawsuit, Barclays has maintained an Overweight rating on Abbott Laboratories (NYSE: ABT) and has raised its price target from $143 to $149. This legal
Nvidia Joins DJIA, Intel Slips Out as Markets Prep for Election, Fed Move
Financial markets are poised for a week filled with potential shakeups as a significant change is occurring in the Dow Jones Industrial Average with Nvidia (NVDA) set to
Berkshire Hathaway Reduces Apple Stock Holding
In a move that has caught the attention of market commentators, Berkshire Hathaway, the enterprise led by renowned investor Warren
FTSE 100 Reclaims 8,200 as Index Led by Oil & Bank Shares
The London stock market has started the week in bullish fashion, with the benchmark FTSE 100 Index up by 0.6% to reach 8,225 points. Having briefly lost the 8,200 lev
Reckitt Benckiser Share Price (LON: RKT) Target Lowered After Recent Rally
Reckitt Benckiser share price (LON: RKT) trades mildly red to start the week, losing 0.36% as the battle to regain the 5,000 level continues. According to a price targe
Qifu Technology’s Stock (QFIN) Gains Price Target Boost from BofA
Qifu Technology stock (NASDAQ: QFIN) listed on the Nasdaq under the ticker symbol QFIN, are currently trading at $32.40Â , down marginally by 0.55% in the pre-market ses
Smith & Nephew Shares Continue Lower as Analysts React to Q3 Report
Smith & Nephew (LON: SN.) shares continued to edge lower Monday, currently down around 0.6% after plunging last week in reaction to its third-quarter trading report. Th
AXT Stock Price Continues to Face Downward Pressure
AXT's stock price (NASDAQ:AXTI) is a notable faller on the NASDAQ today, down 13.78% at a price of $2.22, a notable decline from the previous close of $2.58 and brings t
European Airline Shares: Analysts Make Buy/Sell Calls (IAG, EZJ, WIZZ)
In a note to clients this week, analysts at Jefferies initiated coverage of European Airlines, including IAG, Wizz Air and EasyJet, offering contrasting views on the stocks.
Peloton Stock (PTON) Makes New 52 Wk High, Price Action Outpaces Analyst Hikes
Peloton's stock (PTON) was a big gainer on the NASDAQ Thursday, adding 27.82% and hitting a new 52 week high on a downward day for the broader market. The American exerc
Analysts Bullish on Uber’s Growth Despite Pullback (UBER)
Goldman Sachs reiterated its confidence in Uber Technologies Inc (NYSE: UBER), highlighting the company's potential for growth and future profitability. The prestigious financial institution maintained a Buy rating on Uber's
Parkland Stock Continues To Slip as Firm Slashes Profit Outlook
Parkland Corporation (TSE: PKI), a prominent player in the fuel retailing sector, announced a significant cut in its profit guidance for 2024, causing its stock to fall 4.23% through Thursday's session. The YTD performance fo
Amazon Earnings See’s Stock Up Big Pre-Market With 52 Week High In Sight
Amazon.com Inc has reported third-quarter earnings that surpassed Wall Street's expectations, predominantly fuelled by robust retail sales. This positive financial revelation triggered an immediate response in the stock marke
Why Is SuperMicro’s Stock (SMCI) Continuing To Drop?
If you hadn't checked on Super Micro Computer's stock price (NASDAQ: SMCI) in a while, you could be forgiven for taking a sharp breath in surprise, with the stock having fallen 42% in two trading sessions, and trading down an
Reckitt Benckiser Clears Legal Hurdle, Share Price Jumps And Reclaims 5,100
Reckitt Benckiser Group's share price (LON: RKT) experienced a notable jump this morning, adding 8.88% and recapturing the 5,100 level following the company's vindication in a lawsuit concerning their baby formula products. T
Boohoo Appoints New CEO, It’s Not Mike Ashley
On Friday, Boohoo Group (LON: BOO) announced the appointment of Dan Finley as its new Chief Executive Officer, not bowing to pressure from Frasers Group to appoint Mike Ashley.