Summary: Dianthus Therapeutics, Inc. announced its participation in the Bank of America Securities 2024 Health Care Conference. The company is dedicated to advancing the next generation of antibody complement therapeutics to treat severe autoimmune diseases.
Full articleSummary: Citigroup decreased Home Depot's price target from $415.00 to $395.00, maintaining a 'buy' rating on the stock. The new price target suggests a potential upside of 16.62% from the previous close.
Full articleSummary: Botas, a state-owned natural gas and LNG firm in Turkey, has signed a deal with US energy giant ExxonMobil to purchase up to 2.5 million tons of LNG per year for 10 years. This agreement aims to diversify energy resources and enhance energy supply security in Turkey and the region.
Full articleSummary: Edison issues review on BlackRock Sustainable American Income Trust (BRSA) highlighting unique value/ESG focus and attractive valuation, with potential for higher valuation in a more settled economic environment or with improved performance.
Full articleSummary: The Bank of England is expected to keep interest rates steady at 5.25%, with anticipation building for a potential summer rate cut. Traders remain uncertain about a June rate cut, with bets increasing on a first move in August. There is a divergence in monetary policies between the U.S. and Europe.
Full articleSummary: Rumors and speculations about Apple's iPhone 16 lineup color options, including an unprecedented range of colors for iPhone 16 Plus and potential variations for iPhone Pro models.
Full articleSummary: Prothena Corporation plc reported financial results for the first quarter of 2024 and provided business highlights including progress in clinical programs for various neurodegenerative diseases and rare peripheral amyloid diseases, and announced upcoming clinical milestones. They also shared their first quarter financial results.
Full articleSummary: Attackers are bypassing Identity Providers to directly access Salesforce, posing a significant threat to organizations' sensitive data. Obsidian Security research predicts this method will be a popular attack vector in 2024, emphasizing the importance of hardening SaaS posture.
Full articleSummary: Disney and Warner Bros. Discovery are partnering on a streaming bundle.
Full articleSummary: NextEra Energy Partners (NEP) stock price has been on a strong recovery this year from a low of $18.6 to $30, near its highest point since September 25th. Despite gains, the stock remains about 60% below its highest point in 2022, with significant challenges faced in the renewable energy industry and fears of dividend cuts.
Full articleSummary: Spotify Technology had its target price raised by Citigroup from $255.00 to $310.00, with a 'neutral' rating. Other research firms also raised their price targets and gave positive ratings to the company. Spotify Technology stocks opened at $298.65 on Tuesday.
Full articleSummary: Microsoft announced a $3.3 billion investment plan in Wisconsin to expand its cloud and AI infrastructure capacities, establish an AI Co-Innovation Lab for manufacturers, and provide generative AI training to locals. The plan includes building a data center campus and upskilling over 100,000 people by 2030.
Full articleSummary: JPMorgan Chase & Co to limit interactions with Segantii Capital Management, a $4.8bn Asian hedge fund facing insider trading charges in Hong Kong, by not engaging in new block trades and initial public offerings globally. Other global prime brokers evaluating relationships with Segantii amidst the ongoing case.
Full articleSummary: Emerson acquired NI in Oct. 2023 at an equity value of $8.2 billion. Baskar Ceri, MD, discusses NI's growth in India since 1999, the vision for the Indian market, the role India plays in the larger plan, current customers and projects in India, and new plans moving forward with Emerson for the next five years.
Full articleSummary: Oracle was upgraded by stock analysts at StockNews.com from a 'hold' rating to a 'buy' rating, and its stock price was down by 0.5%. Insiders have sold a significant amount of shares recently, and hedge funds have also been active in buying and selling ORCL shares.
Full articleSummary: Accenture and Oracle are investing in new generative AI solutions to help organisations maximize the value of their data and drive growth. They aim to assist clients in different industries to move from AI experimentation to adoption at scale, focusing on digital finance transformation initially.
Full articleSummary: PepsiCo India is testing a new combination of oils for Lay’s chips to address concerns over unhealthy ingredients, along with plans to reduce salt content by 2025. The company will replace palm oil and palmolein with a mix of sunflower oil and palmolein in its products.
Full articleSummary: Colgate-Palmolive (India) Ltd. shares traded 1.35% down at Rs 2792.0 on Thursday as BSE Sensex dropped. Promoters held 0.0% stake, FIIs owned 24.51%, and DIIs 3.1%. The stock's Beta value stood at 0.52.
Full articleSummary: Cisco, Sword Ping, and FinTech Scotland are partnering to foster innovation and accelerate growth within the financial technology sector while focusing on cyber-resilience. The collaboration aims to support the fintech ecosystem in Scotland and promote technological breakthroughs.
Full articleSummary: Disneyland Resort president Ken Potrock announced the final approval for DisneylandForward, which will bring new entertainment experiences, create thousands of new jobs, and generate new revenue streams for Anaheim.
Full articleSummary: Everpar Advisors LLC acquired a new position in Honeywell International Inc. during the 4th quarter, according to the company's recent Form 13F filing. Other institutional investors like Rakuten Securities Inc. and Cordant Inc. also purchased shares of Honeywell International. The stock is currently trading up at 0.6%.
Full articleSummary: Chipmaker Broadcom Inc has announced its acquisition of antivirus software maker Symantec Corp's enterprise security unit for $10.7 billion in cash, with Broadcom shares rising by 2% in extended trading. The deal is expected to close in the first quarter of Broadcom's fiscal year 2020 and is subject to regulatory approvals in the United States, European Union, and Japan. Symantec, through this deal, will be left with its consumer-focused Norton LifeLock business.
Full articleSummary: Türkiye's state pipeline operator BOTAŞ and U.S. energy giant ExxonMobil signed a cooperation deal on LNG trade to diversify resources with the aim of long-term partnership. The deal is valued around $1.1 billion for 2.5 million tons of LNG and could last for 10 years.
Full articleSummary: Arecor Therapeutics PLC has partnered with Medtronic Diabetes to create a new thermostable insulin for implantable pumps, targeting patients with limited traditional therapy options and aiming to reduce pump maintenance frequency.
Full articleSummary: Citigroup Global Markets Limited has significantly increased its stake in Pendragon plc, crossing a notable threshold as of May 7, 2024. This move could signal growing interest in Pendragon’s market potential and strategic direction.
Full articleSummary: Bank of America Corporation has reported a significant change in shareholding in Travis Perkins PLC, increasing their total holdings to 7.364105% of voting rights.
Full articleSummary: FinTech Scotland partners with Cisco and Sword Ping to drive innovation and technology adoption in the financial technology sector, focusing on cyber-resilience. Cisco and Sword Ping's expertise aligns with FinTech Scotland's objective to support fintech SMEs to scale.
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