Category: Investing.com
-
La-Z-Boy stock soars 10% on strong Q4 earnings report By Investing.com
•
MONROE, MI – La-Z-Boy Incorporated (NYSE: NYSE:), a prominent player in the residential furniture market, reported a strong finish to its 2024 fiscal year, with fourth-quarter earnings and revenue exceeding analysts’ expectations. The company’s shares rose by 10% after this announcement. For the fourth quarter, La-Z-Boy reported adjusted earnings per…
-
CSLM Acquisition extends deadline for business combination By Investing.com
•
CSLM Acquisition Corp. announced (NASDAQ:CSLM), a special purpose acquisition company, announced the deposit of $70,000 into its trust account. The strategic move, announced Monday, extends the company’s deadline to finalize the business combination until July 18, 2024. The company, also known as a blank check company, has the option to…
-
US equities upgraded on ‘growth-oriented’ nature By Investing.com
•
Citi analysts downgraded European stocks to neutral and upgraded their stance on the US in their latest global equity strategy note. Given rising political risks and narrowing market leadership in Europe, they view the US as a more attractive option in the near term due to its “growth-oriented” nature and…
-
Apple stock lifted to Buy as AMD, Adobe get downgraded By Investing.com
•
Investing.com – Here are the biggest artificial intelligence (AI) analyst moves this week. InvestingPro subscribers always get the first feedback from market-moving AI analysts. Upgrade today! “AI stands for Apple’s intelligence:” DA Davidson upgrades Apple to buy Analysts at wealth management firm DA Davidson upgraded Apple (NASDAQ:) shares from neutral…
-
Upgrade for Shopify; downgrades for AMD, Paramount By Investing.com
•
Investing.com – Here’s a professional summary of the most important pieces of information Wall Street analysts said over the past week. InvestingPro subscribers always get the first take on rating changes that move the market. Advanced micro devices What happened? On Monday, Morgan Stanley downgraded Advanced Micro Devices (NASDAQ:) to…
-
How the market reacted when Trump won in 2016 By Investing.com
•
When Donald Trump won the 2016 US presidential election, the overall market response was weak, but there were significant sector-specific moves, analysts explained in a note this week. Financial institutions, especially banks and insurance companies, led the way with significant gains, the investment firm said. Sallie Mae shares rose 37%…
-
How Trump’s potential second term in office could look like By Investing.com
•
As the 2024 US presidential election approaches, analysts are actively discussing potential outcomes, especially how a second term for Donald Trump could unfold. Commenting on this issue, the JP Morgan team believes that a second Trump administration will bring significant changes in various policy areas, from foreign relations to domestic…
-
Goldman weighs in By Investing.com
•
In a recent note, economists at Goldman Sachs looked at the potential impacts of US immigration policies before and after the upcoming election, examining scenarios under a continued Biden administration and a potential second Trump administration. Net immigration to the United States rose to nearly 2.5 million last year, which…
-
CARsgen Presents First-in-human Results of GPRC5D Targeting CAR-T CT071 at EHA 2024 By Investing.com
•
Shanghai, June 15, 2024 /PRNewswire/ — CARsgen Therapeutics Holdings Limited (ticker symbol: 2171.HK), a company focused on innovative CAR T-cell therapies for the treatment of hematological malignancies and solid tumors, announces that preliminary results from the ongoing first-in-human study of CT071 have been presented at the conference. The twenty-ninth annual…
-
Citi sees the Fed, the ECB, and the BOE all cutting rates in September By Investing.com
•
In its Global Economic Outlook, Citi economists said they expect the Federal Reserve (Fed), the European Central Bank (ECB) and the Bank of England (BOE) to cut interest rates in September. The bank said its forecasts aim to balance three main themes: resilient service sectors, persistent inflation above official targets,…
-
Floor & Decor CEO sells $4.27m in stock By Investing.com
•
Floor & Decor Holdings, Inc. (NYSE:FND) CEO Thomas V. sold… Taylor shares shares in the company, according to a recent filing with the Securities and Exchange Commission. The transaction occurred on June 12, 2024, and included the sale of 34,199 shares of Class A common stock at a price of…
-
Floor & Decor CEO sells $4.27m in stock By Investing.com
•
Floor & Decor Holdings, Inc. (NYSE:FND) CEO Thomas V. sold… Taylor shares shares in the company, according to a recent filing with the Securities and Exchange Commission. The transaction occurred on June 12, 2024, and included the sale of 34,199 shares of Class A common stock at a price of…
-
BoJ’s announcement will weaken the yen – Julius Baer By Investing.com
•
Investing.com – Following the Japanese monetary authority’s decision to keep interest rates at 0.10%, having previously abandoned ultra-loose policy with negative interest rates, the perception with bond buying ending later than expected is that the yen will weaken, Julius Baer noted. In a note on Friday. Expectations indicate that the…
-
Cruise stocks fall as BofA sees modest softness in prices By Investing.com
•
Cruise line inventory Royal Caribbean (NYSE:), Carnival Corp. declined. (NYSE:), Danish Cruise Line (NYSE:), and Viking Holdings (VIK) on Friday after Bank of America analysts said in a note they see a modest decline in cruise prices. RCL stock fell more than 5%, while CCL stock fell more than 8%.…
-
This stock is up 16% in premarket trading and could continue to gain By Investing.com
•
Investing.com – I realize this might get repetitive, but another one of June’s AI picks is gaining big time in pre-market trading today. Adobe Systems Incorporated (NASDAQ:), part of the Beat the S&P 500 strategy for June, rose 16% in pre-market trading after posting strongly and providing better full-year 24…
-
Argenx stock gets H.C. Wainwright nod on Vyvgart growth and pipeline progress By Investing.com
•
On Friday, HC Wainwright reaffirmed a Buy rating on biopharmaceutical company argenx SE (NASDAQ: ARGX), with a firm price target of $448.00. The Company’s confidence in argenx is rooted in the Company’s successful introduction of Vyvgart for the treatment of myasthenia gravis (MG), which has been recognized as one of…
-
Dollar just lower; euro set for sharp weekly loss on political turmoil By Investing.com
•
Investing.com – The US dollar fell slightly on Friday, while the euro also fell, heading for a sharp weekly loss amid political turmoil in the region. At 04:20 EDT (08:20 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.1% at 105.125.…
-
Dollar falls after CPI, Fed meeting; PPI release due By Investing.com
•
Investing.com – The US dollar fell on Thursday, as traders weighed the competing factors of benign US inflation and a more hawkish Federal Reserve. At 04:25 ET (08:25 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.3% at 104.340, after trading…
-
Crexendo’s chief revenue officer buys $6,200 in company stock By Investing.com
•
Growing up ,Inc. (NASDAQ:) Chief Revenue Officer John Brenton recently invested in the company’s stock, purchasing shares worth a total of $6,200. The deal took place on June 11, 2024, signaling a vote of confidence in the telco’s future prospects. According to the most recent filings, Brenton acquired 2,000 shares…
-
IAC Inc. announces senior finance officer’s departure By Investing.com
•
NEW YORK – IAC Corporation (NASDAQ:IAC), a leading computer programming and data processing services company, has announced a major change to its executive team. Eric Bradbury, the Company’s Senior Vice President and Controller, as well as its Chief Accounting Officer, has announced his resignation, effective August 9, 2024, to pursue…