Summary: Ford is offering free home chargers and installation to buyers of EVs like Ford Mustang Mach-E, F-150 Lightning pickup truck, or E-Transit Cargo van from October 1 through year-end to address charging concerns and boost EV demand.
Full articleSummary: Emerson and Nozomi Networks expand their partnership to provide advanced OT cybersecurity services and solutions across power and water industries.
Full articleSummary: Amentum has completed a merger with Jacobs' critical mission solutions and cyber and intelligence businesses to form a new publicly traded company trading on NYSE under ticker symbol 'AMTM'.
Full articleSummary: U.S. Bank introduces Paze, a new online checkout solution for its clients with eligible credit and debit cards, offering a convenient and secure shopping experience. Special promotions are being offered to cardholders to encourage the use of Paze. Businesses can easily accept Paze transactions through integration with Elavon's Converge Payment Gateway.
Full articleSummary: There are rumors of discontent between the Brazilian Football Federation and Nike due to lack of royalties in the agreement, leading the president to openly call for a review of the terms.
Full articleSummary: Wells Fargo and Fiserv are ending a joint merchant acquiring venture on April 1, with Fiserv receiving an unspecified cash payment.
Full articleSummary: Seaport Research upgraded Walt Disney to a Buy rating with a price target of $108, citing improved macroeconomic conditions and emerging profitability in Disney's direct-to-consumer business.
Full articleSummary: Barclays raised the price target on GE Aerospace to $230 from $200, affirming an Overweight rating. They anticipate higher revenue and EBIT growth in the aviation industry, expecting GE to reach a $10B EBIT target by 2028 and generate $10 in free cash flow per share by the same year.
Full articleSummary: Truist lowered the price target on ConocoPhillips to $138 from $145 but keeps a Buy rating due to adjusting its model with a more appropriate commodity price deck. The firm believes WTI will likely find support at $65 per barrel and natural gas prices could have a difficult time holding $3/m until mid-2025.
Full articleSummary: Glenview Capital Management plans to meet with CVS Health Corp. to propose operational improvements, potentially leading to an activist push.
Full articleSummary: Raspberry Pi is releasing the Raspberry Pi AI Camera, an image sensor with on-board AI processing based on a Sony image sensor paired with Raspberry Pi's RP2040 microcontroller chip, catering to industrial and embedded segments.
Full articleSummary: Questor, The Telegraph's stockpicking column, highlights Cisco Systems as a tech stock with reasonable valuation and consistent dividend yield amidst high-flying tech giants with sky-high valuations and low to no dividends.
Full articleSummary: Nike is set to announce earnings results with analysts expecting a 10% decline in revenue to $11.65 billion, down from a 2% increase last year, despite beating earnings estimates last quarter. Analysts have generally reconfirmed their estimates suggesting a stable outlook for the company.
Full articleSummary: Several Broadcom Inc. insiders have been selling their stock over the past year, with the latest sale by Hock Tan being the biggest insider sale in the last year. Insiders did not buy any shares over the same period. Despite high insider ownership, the selling activity leaves room for caution for shareholders.
Full articleSummary: GE Aerospace is set to increase its component sourcing from India, boosting India's make-in-India initiative. This is in line with the company's plans to enhance its manufacturing facility in Pune and utilize the engineering talent in the country.
Full articleSummary: Hideki Matsuyama leads by five shots at FedEx St Jude Championship. Matsuyama continued to perform exceptionally well despite the absence of his regular caddy and coach.
Full articleSummary: Analyst had a bullish opinion on Capital One (COF) with over 30% growth potential in the coming years based on the rise of technological capabilities and disruptive future.
Full articleSummary: Kimelman & Baird LLC bought a new position in shares of Philip Morris International Inc. in the 2nd quarter. Several other institutional investors and hedge funds have also made changes to their positions in the business. Wall Street analysts have been bullish on Philip Morris International, with target price upgrades and buy ratings. Insiders at Philip Morris International have been selling their shares. Philip Morris International also increased its dividend.
Full articleSummary: Philip Morris International and Swedish Match North America ask federal judge to dismiss lawsuit claiming they falsely marketed nicotine pouches as safe for adolescents.
Full articleSummary: Denver Broncos defeated New York Jets 10-9 at MetLife Stadium in week 4 of the NFL season, Bo Nix threw his first career touchdown pass.
Full articleSummary: UBS analyst lowered price target on NextEra Energy Partners and keeps Neutral rating due to uncertainties in addressing CEPF buyouts.
Full articleSummary: Broadcom, Charter Communications, and Comcast have announced a joint development of Unified DOCSIS chipsets enabling 25 Gbps speeds over existing networks, incorporating AI/ML capabilities, improving performance, reliability, and creating economies of scale.
Full articleSummary: Broadcom Inc. (AVGO) recently posted third quarter earnings that beat market expectations, but weaker-than-expected guidance for the fourth quarter led to a decline in stock value. Reports of a potential takeover bid at Intel also affected the stock, although analysts deemed it unlikely due to regulatory obstacles.
Full articleSummary: Orange intends to voluntarily delist from the NYSE, deregister with the SEC, and launch a consent solicitation in relation to certain outstanding notes to simplify operations and improve efficiency while maintaining transparency and communication with investors. The delisting will not impact clients, partners, or commercial presence in the U.S.
Full articleSummary: FarmWise and RDO Equipment's partnership, involving the exclusive sales and support of Vulcan weeder, is generating speculation about potential joint ventures or acquisitions with John Deere.
Full articleSummary: - Colgate-Palmolive (India) Ltd. shares gained 1.69% in Monday's trade, with technical indicators showing a bullish bias on the stock. - Trading above 50-DMA and 200-DMA signifies an upward trend, while the MACD signal line and RSI indicate a bullish bias on the counter. - Return on equity (RoE) for the stock stood at 70.54% and Return on Capital Employed (RoCE) was at 40.16%.
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