Summary: Ford Motor CEO Jim Farley expressed concerns over the impact of President Trump's tariffs on the U.S. automotive industry, particularly on steel and aluminum tariffs as well as potential levies on Mexico and Canada. Farley emphasized the added costs and chaos these tariffs are bringing to the industry.
Full articleSummary: Coca-Cola may have to increase its use of plastic in the U.S. if new tariffs on aluminum raise the cost of its drinks cans.
Full articleSummary: David Marcus believes Bitcoin is the only form of neutral internet currency.
Full articleSummary: Panel discussion about integrating next-gen technologies in aerospace and defence to drive innovation.
Full articleSummary: CEOs of JPMorgan and Goldman Sachs defend diversity, equity, and inclusion policies against anti-DEI shareholder activism, while Costco also receives overwhelming support for its DEI policies from shareholders.
Full articleSummary: New options for Honeywell International Inc (HON) with May 16th expiration date have become available, offering potential opportunities for sellers of puts or calls. The $195.00 put contract provides a 5% discount to the current share price, with a 72% chance of expiring worthless. On the calls side, the $210.00 call contract offers a 2% premium to the current price, with a 53% chance of expiring worthless.
Full articleSummary: FedEx will permanently close its shipping center at 176 Lockheed Drive in Beaver, WV, on March 29.
Full articleSummary: Wedbush identifies Palantir Technologies and Salesforce as premier software plays driving the AI revolution in 2025, alongside several other vendors. Analysts observe Palantir expanding use cases and cultivating a broader partner ecosystem.
Full articleSummary: Boeing CEO Kelly Ortberg will speak at the Barclays Industrial Select Conference on February 20 at 8:40 a.m. ET.
Full articleSummary: Kidz Bop presents 'Certified Bop Tour' at Birmingham's newest venue, Coca-Cola Amphitheater. Concert tickets on sale starting Feb. 14 at 10 a.m. BJCC Executive Director confirms construction of the amphitheater on schedule for completion by end of May. Live Nation also announced country artist Hardy to perform at the venue this summer.
Full articleSummary: Norwegian Cruise Line passengers can now use PayPal for bookings and payments; Worldline partners with FreedomPay to enhance travel payment services.
Full articleSummary: Anticipated acquisition by BlackRock, Inc. of Preqin Limited has been cleared by the CMA without the need for a phase 2 investigation under the Enterprise Act 2002.
Full articleSummary: Honeywell International Inc. (NASDAQ:HON) has announced plans to split into three independent companies, focusing on automation, aerospace, and advanced materials, to unlock shareholder value. It reported strong financial results and received an analyst upgrade.
Full articleSummary: Kraft Heinz stock declined after reporting disappointing fourth quarter results with revenue falling by 4.1% due to weak demand and providing a full-year outlook below analyst expectations.
Full articleSummary: Coca-Cola plans to shift to using more plastic bottles instead of aluminum if Trump's tariffs take effect, despite criticism from Greenpeace USA for increasing plastic pollution and health risks. Greenpeace highlights harmful chemicals in plastic bottles and calls for investments in refill and reuse solutions.
Full articleSummary: Booking Holdings (BKNG) has been one of the most searched stocks on Zacks.com. The company's stock has returned +2.5% over the past month, trailing behind the Zacks S&P 500 composite's +4.3% change. The Zacks Internet - Commerce industry, where Booking Holdings falls, has seen a gain of 10.8% during the same period.
Full articleSummary: Thermo Fisher Scientific recognized as a star player in the laboratory informatics market by 360Quadrants. Released upgraded version of SampleManager with enhanced features. MarketsandMarkets provides detailed evaluation based on various inputs and research methodology.
Full articleSummary: Seven Summits Research issued PriceWatch Alerts for CVX, BMY, GFI, NVLS, and HST, providing detailed strategies and position protection tactics for each stock to potentially defend investors from unexpected market shifts.
Full articleSummary: Multiple hedge funds have made changes in their positions regarding Exxon Mobil Corp (XOM) according to the latest 13F filings. Some hedge funds increased their XOM holdings while others decreased. Overall, there was a slight decrease in aggregate shares held by hedge funds between 09/30/2024 and 12/31/2024.
Full articleSummary: Amgen Inc. will present at the 35th Annual Oppenheimer Healthcare Life Sciences Conference.
Full articleSummary: Ross Fowler from Bank of America Securities maintained a Buy rating on American Electric Power (AEP) with a price target consensus of $101.00.
Full articleSummary: Hedge funds showed a slight increase in Gilead Sciences Inc (GILD) positions according to the 13F filings analyzed by Holdings Channel.
Full articleSummary: Meta, parent company of Facebook, is implementing job cuts that will affect around 5% of its global workforce, without an overall reduction in headcount, with Irish-based staff also at risk of layoffs.
Full articleSummary: Exxon Mobil Corporation announced increased dividends and demonstrated improving earnings power for the fourth quarter and full year of 2024. However, there are concerns about potential weaknesses in 2025 compared to rival Chevron Corporation due to ExxonMobil's more aggressive strategy.
Full articleSummary: Coca-Cola plans to increase its use of plastic bottles over aluminum cans in response to the recent tariff hike on aluminum, aiming to maintain affordability and demand. The company is exploring options to mitigate increased costs by sourcing aluminum domestically and adjusting pricing strategies.
Full articleSummary: Legato Capital Management LLC raised their holdings in PayPal Holdings, Inc. by 24.4% during the fourth quarter, other institutional investors also increased their stakes in PYPL, Wall Street analysts have issued diverse ratings on PYPL.
Full articleSummary: Medtronic acquired rights and intellectual property related to Nanovis' Sites Medical's OsteoSync titanium pads to develop PEEK interbody fusion devices with bone-growth nanotechnology.
Full article