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Belite Bio Shares Rise After Canaccord Initiates Coverage With Buy Rating

Belite Bio (BLTE) shares rose 10% in Friday trading after Canaccord Genuity initiated coverage of the stock with a buy rating and a price target of $303.Intraday trading topped 510,150 shares, compared with the daily average of 188,179.Price: $188.98, Change: $+17.89, Percent Change: +10.46%

$BLTE

Wire19d ago

Update: Tarsus Pharmaceuticals Shares Rise After Closing Alkeus Pharmaceuticals Acquisition

(Updates with the latest stock price movement in the headline and first paragraph.)Tarsus Pharmaceuticals (TARS) shares rose 8.3% in Friday afternoon trading after the company said it has completed its acquisition of retinal disease-focused biotechnology company Alkeus Pharmaceuticals.Tarsus said that with the completion of the acquisition, it adds worldwide rights to ALK-001, a differentiated late-stage oral investigational medicine aimed at targeting the underlying biology of Stargardt's disease.Price: $91.31, Change: $+8.11, Percent Change: +9.74%

$TARS

Wire19d ago

Fair Isaac, Equifax, TransUnion Shares Fall After FHFA Director Bill Pulte's Criticism on Credit Bureaus

Equifax (EFX), Fair Isaac (FICO), and TransUnion (TRU) shares fell on Friday after Federal Housing Finance Agency Director Bill Pulte criticized credit bureaus of overcharging American consumers.Pulte said in a post on X on Thursday that Equifax, Experian and TransUnion "have been overcharging Americans for far too long," adding that the FHFA is "seriously considering bi-merge, and stronger solutions (SAFER and SOUNDER)."He said the agency "will not allow companies to take advantage of American consumers."Equifax shares declined 7% and TransUnion was down over 6%, while Fair Isaac shares fell 16% in Friday trading.Price: $175.21, Change: $-13.88, Percent Change: -7.34%

$EFX$FICO$TRU

Wire19d ago

HP Introduces AI-Focused OmniBook Laptops, OmniDesk Computer

HP (HPQ) said Friday it has unveiled the artificial intelligence-focused OmniBook Ultra 16, OmniBook X 14, and OmniDesk personal computers, powered by Nvidia's (NVDA) RTX Spark and Microsoft (MSFT) Windows.The hardware manufacturer built the new device portfolio for software developers and digital creators by adding localized AI processing capabilities, high-resolution OLED displays, and advanced thermal management architectures, the company said.The technology firm plans to release the two laptops through its direct online channels and commercial retailers this fall while withholding pricing specifics and exact desktop launch schedules until a later date, HP said.Price: $32.49, Change: $+0.56, Percent Change: +1.74%

$HPQ$MSFT$NVDA

Wire19d ago

Ormat Technologies Shares Higher After Bernstein Upgrade

Ormat Technologies (ORA) shares were up over 1% in Friday afternoon trading after Bernstein upgraded the stock to market perform from underperform.Trading volume stood at more than 252,000 shares, compared with a daily average of about 840,000 shares.Price: $105.40, Change: $+1.21, Percent Change: +1.16%

$ORA

Wire19d ago

Epsilon Energy Keeps Quarterly Dividend at $0.0625 a Share, Payable Sept. 30 to Holders of Record Sept. 15

$EPSN

Wire19d ago

Victoria's Secret Has Repositioned Brands to Support Sustained Comparable Sales Growth, UBS Says

Victoria's Secret (VSXY) has repositioned its brands to support sustained comparable sales growth after several years of declines, UBS said in a Friday research note.Projecting a four-year compound annual growth rate of 11%, UBS said that stronger sales growth, promotional discipline and fixed cost leverage will drive a multi-year EPS recovery.The company raised its full-year revenue guidance by $60 million and EBIT outlook by $10 million at the midpoint, indicating limited flow-through to incremental marketing and brand-building investments, according to the note.These factors will continue in fiscal 2027, slowing the company's path toward double-digit EBIT margins but supporting sustainable topline growth, UBS said.UBS lowered its price target on Victoria's Secret to $87 from $95 and maintained its neutral rating.Price: $73.89, Change: $+0.25, Percent Change: +0.33%

$VSXY

Wire19d ago

HA Sustainable Infrastructure Capital Shares Fall After Downgrade From UBS

HA Sustainable Infrastructure Capital (HASI) shares were down more than 4% in Friday trading after UBS downgraded the stock to neutral from buy and adjusted its price target to $44 from $51.Trading volume stood at nearly 1.2 million shares, compared with a daily average of about 1.1 million.Price: $38.15, Change: $-1.69, Percent Change: -4.24%

$HASI

Wire19d ago

Campbell's Path to Sustained Recovery Uncertain, UBS Says

Campbell's (CPB) 2027 outlook appears achievable on relatively measured assumptions, but continued pressure and uncertainty around underlying demand make it difficult to view the setup as fully de-risked, UBS Securities said.The company expects 2027 organic sales to decline 2% to 4% and adjusted EPS of $1.65 to $1.80, below Street expectations of $1.83.UBS said in a note Thursday the lower bar should limit the risk of another meaningful reset, but a meaningful portion of the second-half improvement depends on cost savings and pricing initiatives.The investment firm said the key question is whether those actions can drive sustained improvement exiting 2027 and into 2028.UBS maintained its sell rating on the stock and raised its price target to $19 from $18.Shares of Campbell's were down 3% in Friday trading.Price: $21.46, Change: $-0.67, Percent Change: -3.03%

$CPB

Wire19d ago

Stanley Black & Decker to Sell Excel Industries to Bad Boy Mowers

Stanley Black & Decker (SWK) said Friday it has entered into a definitive agreement to sell its Excel Industries business to Bad Boy Mowers.Excel is expected to generate about $300 million revenue in 2026, Stanley. It does not expect the deal to be dilutive to adjusted EPS.Price: $97.26, Change: $+0.75, Percent Change: +0.78%

$SWK

Wire19d ago

Cantor Fitzgerald Raises M&T Bank Price Target to $285 From $262

M&T Bank (MTB) has an average rating of hold and mean price target of $256.14, according to analysts polled by FactSet.Price: $240.85, Change: $+0.79, Percent Change: +0.33%

$MTB

Wire19d ago

lululemon athletica Earnings Face Downside Risk in Next 12 Months, UBS Says

lululemon athletica (LULU) earnings are skewed toward "big downside" and "little upside" risk in the next 12 months as the sportswear retailer faces challenges in its core business, UBS said Friday.The brokerage said in a note that lululemon's products are not resonating with consumers, while store traffic remains weak. A turnaround is not expected anytime soon, as its new Chief Executive Heidi O'Neill does not start until next week, it added.UBS lowered its fiscal 2026 to fiscal 2028 EPS estimates by 12% to 15%, respectively, and cut its sales growth forecasts due to worsening global sales trends.A pullback in the company's stock following a "disappointing" Q2 results and a reduced outlook does not represent a good buying opportunity, the firm added.UBS maintained a neutral rating and cut its price target to $106 from $120.Price: $100.35, Change: $-21.42, Percent Change: -17.59%

$LULU

Wire19d ago

Market Chatter: Blue Owl Capital Weighs Data-Center REIT, IPO

Blue Owl Capital (OWL) is planning to create a real estate investment trust for data centers and seek a public listing, Bloomberg reported Friday, citing people familiar with the matter.The REIT would be seeded with $6.5 billion of Blue Owl's existing data-center assets and then raise money through an initial public offering and additional share sales to expand the portfolio, the report said, citing one of the people.The discussions are ongoing and details of the REIT and the IPO may change, the report said.Blue Owl did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $11.74, Change: $-0.11, Percent Change: -0.89%

$OWL

Wire19d ago

Vodafone Shares Rise After Goldman Sachs Upgrade

Vodafone (VOD) shares rose 2% on Friday after Goldman Sachs upgraded the stock to buy from sell.Trading volume stood at more than 4.3 million shares compared with a daily average of over 4 million.Price: $16.91, Change: $+0.33, Percent Change: +1.96%

$VOD

Wire19d ago

Sonida Senior Living Shares Rise After Baird Upgrade

Sonida Senior Living (SNDA) shares rose 1.1% in Friday trading after Baird upgraded the stock to outperform from neutral and raised its price target to $43 from $37.Trading volume stood at more than 389,000 shares, compared with a daily average of about 614,000.Price: $38.29, Change: $+0.40, Percent Change: +1.07%

$SNDA

Wire19d ago

Update: United Microelectronics Shares Rise After August Sales Increase

(Updates with recent stock movement in headline and first paragraph.)United Microelectronics (UMC) shares were up 4.1% in afternoon trading on Friday after the company reported sales of 25.04 billion New Taiwan dollars ($790.6 million) in August, up 30.71% from a year earlier.For the period of Jan. to Aug., sales increased 14.66% year-over-year to NT$178.66 billion.Price: $20.69, Change: $+0.83, Percent Change: +4.18%

$UMC

Wire19d ago

Clearmind Medicine to Acquire Majority Stake in Charging Robotics for $2.5 Million

Clearmind Medicine (CMND) said Friday it will acquire a 51% stake in Charging Robotics, which develops electric vehicle wireless charging systems for automated parking systems and robotaxi operations, for $2.5 million.Additionally, the company will extend a $1.5 million loan to Charging Robotics, bearing a 4% rate, upon transaction close, the company said.The deal is expected to be completed next week, subject to closing conditions, according to a statement.Shares of Clearmind fell about 23% on Friday.Price: $1.30, Change: $-0.40, Percent Change: -23.53%

$CMND

Wire19d ago

Immuron Signs Exclusive US Distribution Deal for Digestive-Health Product PROIBS

Immuron (IMRN) said Friday it has signed an exclusive distribution agreement with Sweden's Calmino Group to launch PROIBS, a digestive-health medical device used for abdominal pain and bloating.Financial details weren't disclosed.Immuron shares jumped 50% in Friday trading as intraday volume topped 108.1 million shares, compared with the daily average of 33,558.Price: $1.67, Change: $+0.56, Percent Change: +50.45%

$IMRN

Wire19d ago

Elastic Plans to Integrate OpenAI GPT Cybersecurity Models Into Elastic Security

Elastic (ESTC) said late Thursday that it plans to integrate Microsoft (MSFT)-backed OpenAI GPT cybersecurity models into Elastic Security workflows.The integration of OpenAI's Daybreak frontier models aims to give security teams specialized cyber reasoning capabilities without requiring them to deploy and manage separate model infrastructure, according to the company.Shares of Elastic were down 4.1% in Friday trading.Price: $92.22, Change: $-3.91, Percent Change: -4.07%

$ESTC

Wire19d ago

Market Chatter: Stellantis in Talks With Huawei, JAC on Maserati Partnership

Stellantis (STLA) is in talks with China's Huawei and JAC Group for long-term industrial cooperation on its luxury brand Maserati, Reuters reported Friday, citing two sources.Italian daily Milano Finanza first reported the talks Friday, saying that the discussions were at an advanced stage and centered on using Huawei's Harmony Intelligent Mobility platform for Maserati, according to the report.Stellantis, Huawei and JAC did not immediately respond to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $5.53, Change: $+0.04, Percent Change: +0.73%

$STLA

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