Financial News · Live Terminal

Page 1314 of 2664

Nomura Adjusts GE Vernova T&D India's Price Target to INR5,030 From INR4,000, Keeps at Buy

GE Vernova T&D India (NSE:GVT&D, BOM:522275) has an average rating of overweight and mean price target of 4,723.67 Indian rupees, 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://finwires.com/en/contact)

BOM:522275NSE:GVT&D

Research52d ago

Jefferies Initiates SAB Biotherapeutics at Buy With $11 Price Target

SAB Biotherapeutics (SABS) has an average rating of buy and mean price target of $10.30, 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://finwires.com/en/contact)

$SABS

Equities52d ago

Citigroup Adjusts Price Target on Diamondback Energy to $245 From $225, Maintains Buy Rating

Diamondback Energy (FANG) has an average rating of overweight and mean price target of $231.97, 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://finwires.com/en/contact)

$FANG

Equities52d ago

Bernstein Adjusts Price Target on Diamondback Energy to $241 From $237, Maintains Outperform Rating

$FANG

Japan52d ago

CBOE Volatility Index Slips Pre-Bell as Treasury Yields Drop While Investors Await Nvidia Earnings, FOMC Minutes

$NVDA

Asia52d ago

Xinjiang Baodi Mining Purchases 66% Stake in Iron Mine Owner

Xinjiang Baodi Mining (SHA:601121) bid to purchase a 66% stake in Xinjiang Kaihong Investment from Shougang Yili Iron & Steel for 1.25 billion yuan, according to a Wednesday filing with the Shanghai bourse.The transaction was made through a public listing on the Beijing Equity Exchange, with the stake subject to a judicial freeze prior to the purchase.Kaihong Investment will then become a subsidiary of the mining company.Kaihong subsidiary owns the mining and deep exploration rights for an iron mine in Hejing County in the Xinjiang Uygur Autonomous Region, China.

SHA:601121

Asia52d ago

Topscore Fashion Sells Chengdu Office Space for Nearly 3 Million Yuan

Topscore Fashion (SHA:603608) sold an office space to an individual purchaser for 2.7 million yuan, according to a Wednesday filing with the Shanghai bourse.The office space, located in the Chengdu High-tech Zone, has an area of 203.21 square meters and was sold at 13,286.75 yuan per square meter.

SHA:603608

Equities52d ago

Citigroup Adjusts Price Target on APA to $44 From $40, Maintains Neutral Rating

APA (APA) has an average rating of hold and mean price target of $42.93, 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://finwires.com/en/contact)

$APA

Equities52d ago

Bernstein Adjusts Price Target on APA to $40 From $37, Maintains Market Perform Rating

$APA

Equities52d ago

Citigroup Adjusts Price Target on EOG Resources to $147 From $142, Maintains Neutral Rating

EOG Resources (EOG) has an average rating of overweight and mean price target of $159.83, 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://finwires.com/en/contact)

$EOG

Equities52d ago

Bernstein Adjusts Price Target on EOG Resources to $155 From $167, Maintains Market Perform Rating

$EOG

Japan52d ago

US Equity Futures Rise Premarket Amid Declines in Crude Oil, Treasury Yields; Nvidia's Earnings Awaited

Asia52d ago

Cosmax to Expand Production Capacity at Factory in Pyeongtaek, South Korea

Cosmax (KRX:192820) is planning to increase its production capacity at its factory in Goryeom Industrial complex, Pyeongtaek, South Korea, according to a Wednesday filing with the Korea Exchange.The company will invest a total of 60.5 billion won for the same from June 1 to Oct. 31, the filing said.Shares of the cosmetics company fell over 2% at market close.

KRX:192820

Sectors52d ago

Crude Oil Processing in China Falls in April Amid Elevated Oil Prices, Commerzbank Says

Crude oil processing in China was significantly scaled back in April due to negative margins amid high crude oil prices, Commerzbank said in a Tuesday note.Crude processing was 13.3 million barrels per day in April, 1.2 million barrels per day lower than in March and its lowest level since the coronavirus pandemic in August 2022, the bank noted.In May, further cuts are expected despite the government's call to maintain high production levels, as refineries are likely to bring forward closures as part of their routine maintenance schedule, Commerzbank said.However, crude oil stocks appear to continue to rise in purely mathematical terms, albeit not as sharply as in previous months, despite a sharper drop in crude oil imports in April compared with the previous month, the bank said.

$CLX1$LCOX1$USO

Asia52d ago

NanJing Pharmaceutical Scraps Biotech Investment

NanJing Pharmaceutical (SHA:600713) terminated its planned investment in Ningbo Jiangfeng Bio-information Technology, according to a Wednesday disclosure to the Shanghai bourse.The company and other investors failed to receive confirmation from the target firm regarding the investment, resulting in the termination.

SHA:600713

Mining & Metals52d ago

Nasdaq 100 Futures Up 0.7% and S&P Futures Up 0.33%

S&P/TSX CompositeS&P/TSX Composite

Asia52d ago

Tokio Marine's Net Income Slides 7.1% in Fiscal Year 2025

Tokio Marine's (TYO:8766) net income attributable to owners of the parent fell 7.1% to 980.4 billion yen for the fiscal year 2025 from 1.055 trillion yen a year earlier.The insurance company's basic net income per share declined to 515.55 yen from 542.16 yen a year ago, according to a Tokyo bourse filing on Wednesday.Ordinary income rose 5.1% to 8.872 trillion yen for the period ended March 31 from 8.44 trillion yen in the prior year.In a separate disclosure, Tokio Marine raised its final dividend to 112.50 yen per share from the initially planned 105.50 yen and above the 91 yen declared a year ago, payable from June 30.For the fiscal year 2026, the company expects attributable net income of 830 billion yen and net income per share of 441.83 yen.Tokio Marine plans to pay interim and year-end dividends of 122.50 yen per share, each, for the year, higher than the dividends declared in the year-ago period.

TYO:8766

Treasury52d ago

SocGen's Overnight Economic News Summary

Societe Generale in its early Wednesday economic news summary pointed out:Bond sell-off pauses, 30-year United States Treasury off 5.1985% high, 10-year off 4.68% high, German Bund dips from 3.20%. Brent consolidates at US$110/barrel. President Trump repeats his warning that military strikes will resume if Iran doesn't agree to a deal. NATO considering the possibility of helping ships sail through the Strait of Hormuz if not open by early July. China's President Xi: restarting war is even more unacceptable.G7 finance ministers to cooperate policy responses that should be temporary, targeted and fiscally responsible to protect growth, support economic security. Central banks strongly committed to maintaining price stability, monetary policy is data-dependent, closely monitoring the impact of energy/commodity prices on inflation, inflation expectations, economic activity.United Kingdom April consumer price index below forecast. Headline slows to 2.8% year over year from 3.3% in March, core dips to 2.5% year ver year, services ease to 3.2%.Day ahead: FOMC minutes, Federal Reserve speaker Barr, Nvidia results. Eurozone final CPI. Germany benchmark auction. South Africa's CPI.Nikkei -1.1%, EUR 10-year IRS -1.5bps at 3.20%, Brent crude -0.9% at US$110.3/barrel, Gold -0.9% at US$4,466/oz.

$CXY$EUR

Asia52d ago

Godfrey Phillips India Receives INR1 Billion Insurance Payout for Fire Incident

Godfrey Phillips India (NSE:GODFRYPHLP, BOM:500163) received an ad-hoc on-account insurance payment of 1 billion Indian rupees related to the fire incident at a third-party tobacco processing plant and warehouse in Andhra Pradesh, India, according to an Indian bourse filing on Tuesday.Shares of the company fell nearly 1% in late Wednesday's trade.The fire had occurred at a facility in Prakasam district where the company processed and stored its tobacco leaf inventory, the filing said.

BOM:500163NSE:GODFRYPHLP

Research52d ago

Raymond James Upgrades SM Energy to Outperform From Underperform, Price Target is $55

SM Energy (SM) has an average rating of overweight and mean price target of $41.73, 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://finwires.com/en/contact)

$SM

Showing 26261-26280 of 53280