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Comcast Likely to See Weaker Q2 Connectivity Trends, UBS Says

Comcast (CMCSA) is expected to see worsening connectivity trends in Q2, even as its Q1 results came in better than expected, according to a UBS note on Friday.UBS said it expects connectivity declines to deepen in Q2, citing higher broadband average revenue per user declines, tougher business comparisons and fading foreign exchange tailwinds.The brokerage noted that while Q1 showed early signs of progress in Comcast's strategic pivot, supported by lower broadband subscriber losses and more stable operating trends, the near-term outlook remains challenging.UBS added that management remains open to strategic options, including partnerships, while continuing to focus on executing its standalone strategy.The firm maintained a neutral rating on the stock with a $32 price target.Price: $28.05, Change: $-3.60, Percent Change: -11.36%

$CMCSA

Research56d ago

Research Alert: CFRA Raises Rating On West Pharmaceutical Services, Inc. To Buy From Hold

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Our 12-month target price is $350, up from $267 and represents 41x our 2026 EPS estimate (up $0.63 to $8.53; 2027's up $0.61 to $9.42), near WST's five-year forward average of 42x. Our valuation reflects our view of the strength of the High-Value Products (HVP) business, as well as a growing market for GLP-1 elastomer sales and significant balance sheet health (negative net debt). We anticipate new drug development will support the HVP business, as biologics made up around 42% of sales during Q1 2026. Further, GLP-1 drug demand may provide a new catalyst for sales of syringes. WST secured a multiyear contract with Novo Nordisk for all its GLP-1 primary packaging elastomer needs, which comprised 10% of Q1 2026 sales. Combined with sales in the West Vantage segment, GLP-1 exposure made up 18% of total net sales during the quarter. The Annex 1 regulatory updates for medical manufacturing also provide tailwinds for HVP via quality upgrade projects for existing WST components, in our view.

$WST

Wire56d ago

AAR Closes $35 Million Acquisition of Aircraft Reconfig Technologies

AAR (AIR) has completed the acquisition of Aircraft Reconfig Technologies from ZIM Aircraft Cabin Solutions in an all-cash deal worth $35 million, the company said Friday.Acquisition of the engineering firm specializing in aircraft interior reconfiguration boosts AAR's engineering and certification capabilities, particularly its ability to issue key Federal Aviation Administration approvals without relying on third parties, it added.Shares of AAR were down around 1.3% in recent trading.Price: $110.45, Change: $-1.63, Percent Change: -1.45%

$AIR

Insider Trading56d ago

NB Bancorp Insider Bought Shares Worth $389,281, According to a Recent SEC Filing

Hope Pascucci, Director, on April 24, 2026, executed a purchase for 20,000 shares in NB Bancorp (NBBK) for $389,281. Following the Form 4 filing with the SEC, Pascucci has control over a total of 222,402 common shares of the company, with 142,402 shares held directly and 80,000 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1979330/000143774926013302/xslF345X05/rdgdoc.xmlPrice: $19.64, Change: $+0.48, Percent Change: +2.51%

$NBBK

Wire56d ago

Market Chatter: Ford, Geely Looked Into Expanding Partnership to US

Ford Motor (F) and Chinese automaker Geely, which are negotiating a tie-up in Europe, were in talks on the possibility of extending their collaboration to the US, the Wall Street Journal reported Friday, citing people familiar with the matter.The talks over Ford licensing Geely's technology in the US have stalled in recent months, the report said.Ford 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: $12.36, Change: $-0.13, Percent Change: -1.00%

US Markets56d ago

Coca-Cola Poised for In-Line Quarterly Print Despite Global Macro Volatility, RBC Says

Coca-Cola's (KO) first-quarter results are likely to meet Wall Street's expectations, showing "resilience" despite a difficult global consumer environment amid war-driven concerns, RBC Capital Markets said Friday.The brokerage expects the beverages giant to report first-quarter adjusted earnings of $0.82 a share on net sales of $12.01 billion, with organic sales growth projected at 6.7% year over year. The Street expects EPS of $0.81 on sales of $12.17 billion while looking for organic sales growth of 6.5%, RBC said in a note to clients."We expect the quarter to be fine, with (Coca-Cola) delivering against (consensus) numbers, showing resilience despite the difficult environment," said Nik Modi, co-head of global consumer and retail research at RBC.The company is scheduled to report results Tuesday."While the Coke system continues to see good momentum on market share and top line, there is significant concern among the bottler community regarding aluminum inflation, the Midwest premium and the likely increase in logistics costs/pet packaging costs if the energy complex continues to inflate," Modi said in the note."While the system would normally just price for the inflation, we believe the current consumer environment might make it difficult to pull this lever right now," Modi wrote.Broad-based inflation concerns have grown in the wake of a jump in energy prices amid the closure of the crucial Strait of Hormuz following the US-Israel war with Iran that started at the end of February. Markets are optimistic about a fresh round of talks between the US and Iran in Pakistan over the weekend.Several international markets have implemented energy restrictions and/or conservation measures amid supply concerns arising from the Iran war. This can result in mobility restrictions and market disruptions, potentially posing risk for Coca-Cola's business in certain overseas markets, according to the note.RBC has an outperform rating and an $87 price target on the Coca-Cola stock.Earlier this month, beverage and snacks giant PepsiCo (PEP) reported higher-than-expected fiscal first-quarter results amid affordability initiatives while reiterating its full-year outlook.Price: $76.60, Change: $+0.32, Percent Change: +0.42%

$KO$PEP

Research56d ago

Research Alert: CFRA Downgrades View On Shares Of Metro Inc. To Sell From Hold

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our 12-month target to CAD79 from CAD102, reflecting ~16x our FY 26 (Sep.) EPS of CAD4.92 (cut from CAD5.12; FY 27's cut to CAD5.61 from CAD5.63). This multiple represents a discount to the company's long-term mean of 17x. While MRU delivered solid Q2 FY 26 results, the key overhang is a Quebec distribution strike now in its fourth week, causing lost sales and incremental costs. Management declined to quantify the impact until a resolution is reached, but investors should expect Q3 FY 26 to bear the full brunt of the strike. Elevated fuel prices pose an additional risk, along with an increasingly competitive operating environment as all grocers seek to improve their value perception. Collectively, we see a cloudy and uncertain outlook, warranting our downgrade to Sell from Hold.

$MRU

Wire56d ago

Commerce Bancshares Keeps Quarterly Dividend at $0.275 a Share, Payable on June 23 to Shareholders of Record on June 5

$CBSH

Treasury56d ago

US Treasury Closing Levels

3:00 Friday vs 3:00 Thursday2yr 100-05 vs 100-03; 3.744% vs 3.821%5yr 99-25+ vs 99-21; 3.918% vs 3.984%10yr 98-17 vs 98-14; 4.308% vs 4.319%30yr 97-14 vs 97-13; 4.914% vs 4.914%2/10 53.245 bps vs 49.630 bps5/30 99.402 bps vs 96.410 bps

Commodities56d ago

Enbridge Secures Approval for $4 Billion Gas Pipeline Expansion

Enbridge (ENB) said on Friday it has secured approval for its Sunrise Expansion Program, a $4 billion project to boost capacity on its Westcoast natural gas pipeline system in British Columbia.The expansion of Enbridge's Westcoast pipeline system will add about 300 million cubic feet per day of natural gas transportation capacity to southern British Columbia, with construction scheduled to begin in July 2026 and in-service targeted for late 2028.The project has been deemed in the public interest and is expected to enhance energy security and affordability by improving access to natural gas during peak demand periods, the energy firm said.Natural gas transported through the Westcoast system is used for residential heating, power generation, industrial activity, and liquefied natural gas exports.Enbridge said the project is expected to contribute over $3 billion to Canada's economy and create about 2,500 jobs during construction."The Sunrise Expansion Program is a shovel-ready, critical natural gas infrastructure project," Greg Ebel, the president and CEO of Enbridge, said, adding it supports Canada's "energy superpower ambitions."The expansion includes new pipeline segments, added compression capacity, and upgrades to existing facilities along the Westcoast system.The Westcoast pipeline system, which spans over 2,900 kilometers from northeastern British Columbia to the Canada-US border, currently has a capacity of up to 3.6 billion cubic feet per day and is partly owned by Indigenous partners representing 38 First Nations.Price: $53.14, Change: $+0.63, Percent Change: +1.21%

$ENB

Wire56d ago

Evercore ISI Raises Baker Hughes Price Target to $76 From $68

Baker Hughes (BKR) has an average rating of overweight and mean price target of $63.85, 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: $69.42, Change: $+4.93, Percent Change: +7.64%

$BKR

Mining & Metals56d ago

Premium Global Income Split Corp. to Change Name to Premium Global Income Split Fund

Premium Global Income Split Corp. (PGIC.TO), effective on or about April 30, will change its name to Premium Global Income Split Fund, said the fund's manager Mulvihill Capital Management overnight Thursday.The name change is subject to regulatory approval, it added.PGIC shares were last seen up 0.1% at $6.98 on the Toronto Stock Exchange.Price: $6.98, Change: $+0.01, Percent Change: +0.14%

$PGIC.TO

Wire56d ago

Update: Charter Communications Shares Drop After Q1 Earnings Miss

(Updates with the latest stock price movement in the headline and the first paragraph.)Charter Communications (CHTR) shares dropped more than 25% in Friday afternoon trading after the company's Q1 earnings fell short of analysts' expectations, while revenue decreased year over year.The company earlier reported Q1 earnings of $9.17 per diluted share, up from $8.42 a year earlier.Analysts surveyed by FactSet expect $9.96.Revenue for the quarter ended March 31 was $13.60 billion, down from $13.74 billion a year earlier.Analysts surveyed by FactSet expect $13.55 billion.Price: $180.87, Change: $-60.92, Percent Change: -25.19%

$CHTR

Research56d ago

Research Alert: CFRA Keeps Hold Opinion On Shares Of Slb N.v.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Our 12-month target price of $58, raised $7, reflects a combination of relative valuation and DCF models. On a relative basis, we apply a 9x multiple of enterprise value to projected 2027 EBITDA, about in line with SLB's historical forward average. This approach yields a value of $52 per share. Our DCF model, using medium-term free cash flow growth of 6% per year, 2.5% thereafter, discounted at a WACC of 7.3%, yields a value of $64 per share. The ongoing war in the Middle East is a source of near-term headwinds for SLB, including a projected $0.06 per-share impact in Q2 (our forecast: management cited a range of $0.06-$0.08 per share). In the longer term, we expect demand for oilfield services in the Middle East to bounce back, and SLB remains the preeminent oil services name in the region. We cut our 2026 EPS estimate by $0.58 to $2.21 but lift 2027's by $0.05 to $3.05. SLB also noted rising interest in deepwater activity, which bodes well for 2027 onward we think.

$SLB

Oil & Energy56d ago

US Envoys to Visit Pakistan as Iran Talks Resume Amid Ceasefire Extension

The White House said a US delegation will travel to Pakistan as Iran signals readiness for talks following a ceasefire extension, press secretary Karoline Leavitt said Friday.In an emailed response toquery, the White House referred to Leavitt's public comments, without providing additional details.US Special Envoy Steve Witkoff and Jared Kushner will depart Saturday morning for Pakistan to hold discussions with Iranian officials, Leavitt told Fox News in an interview on Friday.Leavitt said Iranian officials want to hold talks in person and that "the President always wants to give diplomacy a chance."On Vice President J D Vance, she said, "he'll be standing by here in the United States," but could travel to Pakistan if needed, depending on how the talks progress.Iranian Foreign Minister Abbas Araghchi is reportedly expected to arrive in Islamabad Friday night with a small delegation to advance efforts toward restarting direct negotiations with the US.Araghchi posted on his X, "Embarking on timely tour of Islamabad, Muscat, and Moscow. Purpose of my visits is to closely coordinate with our partners on bilateral matters and consult on regional developments. Our neighbors are our priority."The renewed diplomatic push follows a conflict that began Feb. 28, with President Donald Trump extending the ceasefire to allow time for negotiations.Trump said in a Truth Social post Tuesday that the US would hold off on attacking Iran "until such time as their leaders... come up with a unified proposal," following a request from Pakistan's leadership.

Wire56d ago

Ameriprise Q1 Beat Driven by Strong Margins, Capital Returns, RBC Says

Ameriprise Financial's (AMP) Q1 beat was driven by better-than-expected margins in its Advice & Wealth Management business and solid underlying flows, while maintaining a strong capital return profile, RBC Capital Markets said in a note on Friday.The company's stronger-than-expected Q1 results were driven by better-than-expected margins in its Advice & Wealth Management segment, the investment firm said.RBC also highlighted that wrap flows were impacted by Comerica-related advisor departures. It added that the underlying flows remained solid and the financial impact was largely offset by a make-whole payment. The firm also highlighted upcoming inflows tied to the Huntington partnership.The brokerage raised its earnings estimates for 2026 and 2027 and cited stronger margin assumptions and updated fee rate expectations.Management also highlighted artificial intelligence as a long-term productivity driver. Ongoing integration into advisor platforms and workflows could support future client capacity and growth over time, according to the note.RBC reiterated its outperform rating and $560 price target.Price: $467.38, Change: $+7.75, Percent Change: +1.69%

$AMP

Wire56d ago

Market Chatter: MUFG Bank Ropes in APAC Project Finance Head From Clifford Capital

Mitsubishi UFJ Financial's (MUFG) MUFG Bank has appointed Saumitra Shrivastava as head of Asia Pacific project finance, Bloomberg reported Friday, citing people familiar with the matter.Shrivastava will join the Singapore-based project in July from Clifford Capital, as Shivanan Sivarajah left the role for National Australia Bank in November, according to the report.MUFG did not immediately respond to' request for comment.(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: $17.29, Change: $+0.07, Percent Change: +0.41%

$MUFG

Insider Trading56d ago

Pricesmart Insider Sold Shares Worth $3,213,884, According to a Recent SEC Filing

Robert E Price, 10% Owner, Director, on April 22, 2026, sold 20,000 shares in Pricesmart (PSMT) for $3,213,884. Following the Form 4 filing with the SEC, Price has control over a total of 1,667,047 common shares of the company, with 80 shares held directly and 1,666,967 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1041803/000119312526176764/xslF345X05/ownership.xmlPrice: $163.33, Change: $+1.18, Percent Change: +0.73%

$PSMT

Sectors56d ago

Update: WTI Oil Falls as a Report Says Peace Talks Between the U.S. and Iran May Resume

West Texas Intermediate (WTI) crude oil fell on Friday following a report that said Pakistani officials expect another round of talks between the United States and Iran.WTI crude oil for June delivery closed down US$1.45 to settle at US$94.40 per barrel, while June Brent oil was last seen up US$0.15 to US$105.22.Bloomberg News reported Iranian Foreign Minister Abbas Araghchi and a team of negotiators are expected to arrive in Islamabad late on Friday for talks with a U.S. delegation already in place. The Wall Street Journal said U.S negotiators Steve Witkoff and Jared Kushner will travel the Pakistan capital for the talks that could re-open the Strait of Hormuz.The Strait is the chokepoint for exports from Persian Gulf nations, which supplied 20% of daily oil demand prior to the Feb. 28 start to the war, which also trapped shipments of of diesel and jet fuel, as well as petrochemical feedstocks and fertilizers."What began as a crude oil supply shock linked to the effective closure of the Strait of Hormuz has now broadened into a multi-commodity disruption. The implications are no longer confined to energy markets alone but are spreading into industrial production, transportation, and ultimately agriculture and food price," Ole Hansen, head of commodity strategy at Saxo Bank, wrote.Still, a quick end to the war is unlikely to produce a quick end the largest-ever energy supply shock. The U.S. Pentagon on Thursday warned it may take six months to clear mines laid in the Strait, the Washington Post reported on Thursday."That is a completely different timescale from what the financial market is pricing. Even a political deal tomorrow does not immediately reopen the strait," Ole Hvalbye, a commodities analyst at SEB Research, wrote.

$CLM6$LCOM6$USO

Wire56d ago

Update: MaxLinear Shares Jump After Q1 Financial Results

(Updates with the latest stock movement in the first paragraph and headline.)MaxLinear (MXL) shares were up roughly 75% in Friday trading after the company posted a swing to Q1 adjusted earnings and higher revenue in addition to issuing higher-than-expected Q2 sales guidance on Thursday.The company reported Q1 adjusted earnings late Thursday of $0.22 per diluted share, swinging from a loss of $0.05 a year earlier.Analysts polled by FactSet expected EPS of $0.18.Revenue for the three months ended March 31 was $137.2 million, up from $95.9 million a year earlier.Analysts surveyed by FactSet expected $134.6 million.For Q2, the company expects revenue of $160 million to $170 million. Analysts expect $137.1 million.The company also amended its credit agreement with certain lenders to extend the maturity of the revolving credit facility to March 2028 and also increased the amount available under the facility to $130 million.Price: $59.93, Change: $+25.68, Percent Change: +74.98%

$MXL

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US Markets56d ago

Coca-Cola Poised for In-Line Quarterly Print Despite Global Macro Volatility, RBC Says

$KO$PEP