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UBS Adjusts Price Target on Dana to $42 From $40, Maintains Buy Rating

Dana (DAN) has an average rating of overweight and mean price target of $39.86, according to analysts polled by FactSet.Price: $36.79, Change: $+0.10, Percent Change: +0.27%

$DAN

Wire160d ago

UBS Adjusts Price Target on Sensata Technologies to $45 From $43, Maintains Buy Rating

Sensata Technologies Holding (ST) has an average rating of overweight and mean price target of $42.73, according to analysts polled by FactSet.

$ST

Wire160d ago

UBS Adjusts Price Target on General Motors to $105 From $102, Maintains Buy Rating

General Motors Company (GM) has an average rating of overweight and mean price target of $94.92, according to analysts polled by FactSet.Price: $79.10, Change: $+2.28, Percent Change: +2.97%

$GM

Wire160d ago

Progress Software Expands India Operations With Move to New Office in Bengaluru

Progress Software (PRGS) said Tuesday it expanded its artificial intelligence and workforce operations in India with the relocation of its Bengaluru office to a new site in Embassy Tech Village.Financial details of the move were not disclosed.Price: $28.14, Change: $+0.41, Percent Change: +1.46%

$PRGS

Wire160d ago

UBS Adjusts Price Target on BorgWarner to $56 From $55, Maintains Neutral Rating

BorgWarner (BWA) has an average rating of overweight and mean price target of $68.36, according to analysts polled by FactSet.Price: $54.15, Change: $+0.59, Percent Change: +1.10%

$BWA

Wire160d ago

Walmart Joins Sustainability Program US Cotton Trust Protocol

Walmart (WMT) has joined the US Cotton Trust Protocol, a sustainability and traceability program for the resource, the US Cotton Trust Protocol said Tuesday.Walmart's membership gives it access to sustainability data from US cotton growers and the ability to track the movement of the crop through its supply chain, according to the US Cotton Trust Protocol.Price: $122.71, Change: $-1.86, Percent Change: -1.49%

$WMT

Wire160d ago

RTX's Raytheon Signs $3.7 Billion Contract to Supply Patriot Interceptors to Ukraine

RTX's (RTX) Raytheon said Tuesday it has signed a $3.7 billion contract to deliver Patriot Guidance Enhanced Missile-Tactical, or GEM-T, interceptors to Ukraine.The company said its new GEM-T production facility in Germany will support this direct commercial sale and other contracts.The Patriot GEM-T interceptors are designed for intercepting airborne threats, including tactical ballistic missiles, the company said.Price: $201.36, Change: $+0.02, Percent Change: +0.01%

$RTX

Wire160d ago

Synopsys Supports NASA Artemis Program With Simulation Work

Synopsys (SNPS) said Tuesday it is working with the US National Aeronautics and Space Administration and partners to support the development of the Artemis program through simulation of spacesuit performance and lunar communications systems.Financial terms were not provided.The company and Electro Magnetic Applications were selected to study electrical charging effects on spacesuits exposed to lunar conditions, using simulation software and testing to assess risks to onboard systems, Synopsys said.The work includes evaluating materials and design configurations under simulated space environments, the company said.Synopsys said it is also collaborating with Cesium, part of Bentley Systems (BSY), and NASA to model communication networks on the Moon, including analysis of antenna performance and signal coverage using digital simulations.Shares of Synopsys and Bentley were up 2.4% and 2% respectively in early trading Tuesday.Price: $427.62, Change: $+9.85, Percent Change: +2.36%

$BSY$SNPS

Wire160d ago

Euronet Worldwide to Acquire Spanish Fintech Firm PaynoPain

Euronet Worldwide (EEFT) said Tuesday it has agreed to acquire Spanish fintech firm PaynoPain.Financial terms were not disclosed.As part of the acquisition, Euronet said it will integrate PaynoPain's payment service provider license into its Merchant Services platform, enhancing its regulatory and operational capabilities in the region.The transaction is expected to close in Q3, the company said.Euronet shares were 1% higher in Tuesday trading.Price: $70.59, Change: $+0.13, Percent Change: +0.18%

$EEFT

Wire160d ago

Tennant, Brain Corp Sign 3-Year Exclusivity Extension to Further Robotic Cleaning Technology Roadmap

Tennant (TNC) said Tuesday that it has agreed to a three-year exclusivity extension with Brain Corp.The extension will further their robotic cleaning technology, with plans to release 10 new products within 24 months and simplify customer buying experience.Financial details related to the extension were not disclosed.As part of the agreement, the two companies are deepening collaboration between their respective research and development teams to enable faster product development cycles, Tennant said.Price: $79.04, Change: $-0.42, Percent Change: -0.52%

$TNC

Wire160d ago

GameStop to Launch Digital Trading Card Platform

GameStop (GME) said Tuesday it will launch its new digital trading card platform, Power Packs, to the public starting Wednesday.The platform lets users buy digital packs that unlock Professional Sports Authenticator-graded cards stored in the PSA Vault, which can be sold, shipped, or kept, with categories including Pokemon and major sports available at launch, the company said.Price: $23.58, Change: $+0.18, Percent Change: +0.75%

$GME

Wire160d ago

Rothschild & Co Redburn Adjusts Price Target on Apollo Global Management to $149 From $169, Maintains Buy Rating

Apollo Global Management Inc (APO) has an average rating of overweight and mean price target of $142.88, according to analysts polled by FactSet.Price: $113.17, Change: $+3.22, Percent Change: +2.92%

$APO

Wire160d ago

Baird Adjusts Price Target on Quest Diagnostics to $224 From $219, Maintains Neutral Rating

Quest Diagnostics (DGX) has an average rating of overweight and mean price target of $218.69, according to analysts polled by FactSet.Price: $192.51, Change: $-0.36, Percent Change: -0.19%

$DGX

Wire160d ago

Rothschild & Co Redburn Adjusts Price Target on FactSet Research Systems to $291 From $305, Maintains Neutral Rating

FactSet Research Systems (FDS) has an average rating of hold and mean price target of $259, according to analysts polled by FactSet.Price: $227.20, Change: $+0.80, Percent Change: +0.35%

$FDS

Wire160d ago

Baird Adjusts Price Target on Labcorp Holdings to $332 From $327, Maintains Outperform Rating

Labcorp Holdings (LH) has an average rating of overweight and mean price target of $311.35, according to analysts polled by FactSet.Price: $265.96, Change: $+1.63, Percent Change: +0.62%

$LH

Wire160d ago

Rocket Lab Introduces Electric Satellite Propulsion System

Rocket Lab (RKLB) said Tuesday it introduced a new electric satellite thruster designed for high-volume manufacturing to supply commercial and national defense networks.The internally developed thruster, named Gauss, includes a power processing unit and propellant management assembly with an established assembly line capable of producing over 200 units annually, the company said.Shares of Rocket Lab rose more than 3% in Tuesday premarket activity.Price: $73.00, Change: $+2.31, Percent Change: +3.27%

$RKLB

Wire160d ago

Update: Market Chatter: Amazon in Advanced Talks to Acquire Globalstar; Globalstar Shares Rise 15% Pre-Bell

(Updates with the most recent stock move in the headline and last paragraph)Amazon.com (AMZN) is in advanced discussions to acquire satellite operator Globalstar (GSAT), Bloomberg reported Tuesday, citing unnamed people familiar with the matter.The sources told the news outlet that a deal could be announced as soon as Tuesday, though negotiations are ongoing and may still fall through.The potential acquisition would support Amazon's push to build out its low-Earth orbit satellite network, known as Amazon Leo, which is being developed to deliver broadband internet to underserved areas, according to Bloomberg.Amazon and Globalstar did not immediately respond to' request for comment.Globalstar shares rose over 15% in premarket activity Tuesday.(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: $84.00, Change: $+11.11, Percent Change: +15.24%

$AMZN$GSAT

Wire160d ago

Winton Land Secures Approval for Ayrburn Screen Hub Under Fast-Track Act

Winton Land (NZE:WIN, ASX:WTN) received conditional approval from the expert panel for the Ayrburn Screen Hub under the Fast-track Approvals Act, with the decision now subject to a 20 working day appeal period, according to a Tuesday filing with the Australian and New Zealand bourses.The studio facility is an all-in-one production hub with on-site work and accommodation facilities, including production spaces, offices, dressing rooms, screening and meeting areas, and 201 units for film workers and visitors when not in use, the filing added.The company's Kiwi shares fell almost 1% in recent Tuesday trade.

ASX:WTNNZE:WIN

Wire160d ago

Revolution Medicines Plans Common Stock, Senior Notes Offerings

Revolution Medicines (RVMD) said late Monday it plans to offer $750 million of common stock and $250 million aggregate principal amount of convertible senior notes due 2033 in separate public offerings, subject to market and other conditions.The company expects to grant the underwriters a 30-day option to buy up to an additional $112.5 million of common stock and up to an additional $37.5 million principal amount of notes to cover over-allotments.Revolution Medicines said it plans to use net proceeds from both offerings for general corporate purposes.

$RVMD

Wire160d ago

Top Cryptocurrencies Rise; Bitcoin Tops $73,000

Major digital assets rose Monday, with Bitcoin (BTC-USD) topping $73,000.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 1.7% in the past 24 hours. The Nasdaq 100 gained 1.2%, the S&P 500 increased 1%, and the Dow Jones Industrial Average climbed 0.6%.Bitcoin rose 3.3% to $73,436, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume surged 54% to $43.5 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, gained 2.8% to $2,262.XRP (XRP-USD) climbed 1.5%, BNB (BNB-USD) rose 2.5%, and Solana (SOL-USD) added 2.2%. Dogecoin (DOGE-USD) increased 2%, while Cardano (ADA-USD) advanced 1.1%.The US 10-year Treasury yield stood at 4.295% at 3 p.m. ET Monday, down from 4.315% Friday, while the five-year yield fell to 3.913% from 3.939%.The total market value of the cryptocurrency industry advanced 1.7% in the past 24 hours to $2.46 trillion, with trading volume gaining 2.8% to $150.1 billion.Price: $73404.59, Change: $+2663.29, Percent Change: +3.76%

$ADA-USD$BNB-USD$BTC-USD$DOGE-USD$ETH-USD$SOL-USD$XRP-USD

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