Financial News · Live Terminal

Page 177 of 377

Evercore ISI Adjusts Price Target on T. Rowe Price to $106 From $104, Maintains In Line Rating

T. Rowe Price (TROW) has an average rating of underweight and mean price target of $95.83, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $101.38, Change: $-3.37, Percent Change: -3.22%

$TROW

Wire53d ago

Eagle Bancorp Appoints Stephen Curley as President, CEO

Eagle Bancorp (EGBN) said Tuesday that its board has appointed Stephen Curley as president and chief executive officer, effective July 6.Curley has over 25 years of experience leading diversified business lines and was previously employed at Western Alliance Bank in Phoenix, Arizona, Eagle Bancorp said.Susan G. Riel will remain the president and chief executive officer of the bank until July 5 to support a smooth transition, and continue as a consultant for 12 months thereafter.Shares of the bank were down 1.9% in early Tuesday trading.Price: $24.95, Change: $-0.69, Percent Change: -2.69%

$EGBN

Wire53d ago

Aptiv to Deploy Gen 8 Radar Platform in Volvo Cars Starting 2028

Aptiv (APTV) said Tuesday its Gen 8 radar platform has been selected by Volvo Cars for deployment in future vehicles starting 2028.The Gen 8 radar is expected to provide high-resolution sensing to support AI-powered safety and driver assistance functions, Aptiv said.Financial terms of the collaboration were not provided.Price: $55.95, Change: $+0.54, Percent Change: +0.97%

$APTV

Wire53d ago

Fluence Energy Stockholders Launch Public Stock Offering

Fluence Energy (FLNC) said Tuesday its controlling stockholders are launching an underwritten public offering of 20 million shares of Class A common stock.The selling stockholders expect to grant the underwriters a 30-day option to purchase up to an additional 3 million shares.Fluence said it is not selling any shares in the offering and will not receive any proceeds from the transaction.Shares of Fluence Energy were down nearly 16% in Tuesday trading.Price: $21.25, Change: $-3.99, Percent Change: -15.79%

$FLNC

Wire53d ago

Kennedy Wilson Launches $1.80 Billion Private Offering of Senior Notes

Kennedy-Wilson Holdings (KW) said Tuesday its unit commenced a private placement of $1.8 billion in senior debt maturing in 2031 and 2033.The company intends to use the net proceeds to retire existing notes due in 2029 and 2030 upon the completion of its pending merger, the company said.Remaining proceeds will be directed toward acquiring 2031 notes, reducing unsecured credit facility balances, and for general corporate operations, Kennedy Wilson said.The raised capital will be held in escrow if the transaction closes before the merger and requires a full mandatory redemption if the buyout is not closed by Nov. 16, the company added.Price: $11.01, Change: $-0.02, Percent Change: -0.23%

$KW

Wire53d ago

Klarna Integrates Payment Options Into Google Search, Gemini App

Klarna (KLAR) said Tuesday it will bring its payment services to Alphabet's (GOOG, GOOGL) Google Search and Gemini app in the US via Google Pay.The integration will enable Google Pay users shopping via Google Search or the Gemini app to choose Klarna's payment services, including the option to pay in four interest-free installments, Klarna said.The company said the partnership reflects a broader shift toward conversational and AI-driven commerce.Shares of Klarna were up 2.7% in Tuesday trading.Price: $14.78, Change: $+0.39, Percent Change: +2.71%

$GOOG$GOOGL$KLAR

Wire53d ago

SAP Invests in n8n at $5.2 Billion Valuation

SAP (SAP) has made an investment in n8n that values the artificial intelligence orchestration platform at $5.2 billion, n8n said Tuesday.The companies also entered into a multiyear commercial agreement that will integrate n8n's workflow automation platform directly into SAP's agent-building environment Joule Studio, n8n said.Price: $167.68, Change: $-2.42, Percent Change: -1.42%

$SAP

Wire53d ago

UBS Adjusts Republic Services Price Target to $223 From $240, Maintains Neutral Rating

Republic Services (RSG) has an average rating of overweight and mean price target of $246.22, according to analysts polled by FactSet.Price: $200.05, Change: $+2.32, Percent Change: +1.17%

$RSG

Wire53d ago

T. Rowe Price Group Reports Increase in April Assets Under Management

T. Rowe Price Group (TROW) said Tuesday that it had assets under management of $1.825 trillion at the end of April, up from $1.71 trillion at the end of March.The company said net outflows for April were $10.6 billion.Price: $102.65, Change: $-2.10, Percent Change: -2.00%

$TROW

Wire53d ago

UBS Cuts Mosaic Price Target to $23 From $27, Maintains Neutral Rating

Mosaic (MOS) has an average rating of Hold and mean price target of $27.35, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $21.63, Change: $-0.16, Percent Change: -0.73%

$MOS

Wire53d ago

UBS Adjusts Price Target on Pediatrix Medical to $25 From $22, Maintains Neutral Rating

Pediatrix Medical (MD) has an average rating of overweight and mean price target of $23.17, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $23.35, Change: $-0.02, Percent Change: -0.09%

$MD

Wire53d ago

UBS Adjusts ZoomInfo Technologies Price Target to $5 From $8.50, Maintains Neutral Rating

ZoomInfo (GTM) has an average rating of hold and mean price target of $6.82, according to analysts polled by FactSet.Price: $4.19, Change: $-1.85, Percent Change: -30.63%

$GTM

Wire53d ago

W. P. Carey Reports Year-to-Date Investment Volume of $1.1 Billion

W. P. Carey (WPC) said Tuesday that its investment volume is approximately $1.1 billion year-to-date, which includes $400 million since it reported its Q1 earnings results on April 28.The company said it expects investment volume of approximately $1.5 billion by the end of the year.Price: $74.11, Change: $+0.04, Percent Change: +0.05%

$WPC

Wire53d ago

Fortinet to Further FortiAIGate Solution With Nvidia's AI Platforms, Software Technologies

Fortinet (FTNT) said Tuesday that it is accelerating its FortiAIGate solution in collaboration with Nvidia's (NVDA) artificial intelligence platforms and software technologies.The joint solution aims to protect AI workloads, data and autonomous agents in real time in data centers and the cloud, allowing enterprises to monitor AI usage, and securely build, scale agentic AI.Financial details were not provided.Price: $114.90, Change: $-0.55, Percent Change: -0.47%

$FTNT$NVDA

Wire53d ago

Barrington Adjusts Price Target on Lincoln Educational Services to $56 From $45, Maintains Outperform Rating

Lincoln Educational Services (LINC) has an average rating of buy and mean price target of $51.67, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $50.03, Change: $+0.52, Percent Change: +1.06%

$LINC

Wire53d ago

Alcoa to Invest $65 Million in Norway Aluminum Smelter to Include Recycled Content in Casting Process; Shares Up 4%

Alcoa (ASX:AAI) will invest $65 million to expand foundry production capabilities to include recycled content in the casting process at its Mosjøen aluminum smelter in Norway, according to a Tuesday statement from the company.The investment will expand and upgrade the Mosjøen casthouse, increasing production capacity by up to 75,000 metric tons.The project is expected to be completed in phases, with commissioning and ramp-up scheduled to progress throughout 2028, the company said.Alcoa's shares climbed 4% in recent trading on Tuesday.

ASX:AAI

Wire53d ago

BHP Group Hits Record High as Copper Prices Surge

Shares of BHP Group (ASX:BHP) rose around 3% in Tuesday trading and earlier hit a record high after copper prices closed at an all-time peak, lifting the miner's market value to AU$305 billion, as investors shrugged off geopolitical concerns related to the Iran conflict and the Strait of Hormuz.Copper rose 2.7% to settle at $13,943 per tonne on the London Metal Exchange, marking a record high close and surpassing its previous peak of $13,618.

ASX:BHP

Wire54d ago

Danaos Q1 Adjusted Earnings, Revenue Rise

Danaos (DAC) reported Q1 adjusted earnings late Monday of $6.72 per diluted share, up from $6.04 a year earlier.One analyst polled by FactSet expected $6.60.Revenue in the three months ended March 31 rose to $253.7 million from $253.3 million a year earlier.Two analysts surveyed by FactSet expected $236.5 million.The company kept its quarterly dividend at $0.90 a share, payable June 4 to stockholders of record May 26.Danaos shares rose 1% in after-hours trading.

$DAC

Wire54d ago

FutureFuel Q1 Loss Widens, Revenue Rises

FutureFuel (FF) reported a Q1 loss late Monday of $0.47 per diluted share, widening from the loss of $0.41 a year earlier.Revenue in the three months ended March 31 rose to $32 million from $17.5 million a year earlier.FutureFuel shares fell 3.1% in after-hours trading.

$FF

Wire54d ago

CI&T Q1 Adjusted Earnings, Revenue Rise

CI&T (CINT) reported Q1 adjusted earnings late Monday of $0.08 per diluted share, up from $0.07 a year earlier.Three analysts polled by FactSet expected $0.10.Revenue for the three months ended March 31 rose to $136.6 million from $110.9 million a year earlier.Analysts surveyed by FactSet expected $141.6 million.CI&T expects Q2 revenue of $140 million. Analysts project $146 million.The company boosted full-year revenue guidance to $555.8 million to $575.3 million from the prior forecast of $548.4 million to $568 million.CI&T shares fell 2.8% in after-hours trading.

$CINT

Showing 3521-3540 of 7528