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Wells Fargo Downgrades Axalta Coating Systems to Equal Weight From Overweight, Adjusts Price Target to $30 From $39

Axalta Coating Systems (AXTA) has an average rating of overweight and mean price target of $36.64, 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)

$AXTA

B. Riley Upgrades MacroGenics to Buy From Neutral, Triples Price Target to $9 From $3

MacroGenics (MGNX) has an average rating of hold and mean price target of $4, 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)

$MGNX

Jins' Profit Slides 10% in Fiscal H1; Cuts Full-Year Forecasts

Jins' (TYO:3046) profit attributable to owners of the parent slid 10% to 3.39 billion yen for the fiscal first half from 3.79 billion yen a year earlier.The eyewear retailer's earnings per share declined to 145.36 yen from 162.17 yen a year ago, according to a Tokyo bourse filing on Friday.Net sales jumped 13% to 50.5 billion yen for the six months ended Feb. 28 from 44.8 billion yen in the prior year.In a separate filing, Jins lowered its forecasts for the full fiscal year ending Aug. 31, after its first half fell short of expectations due to a one-off factor in the domestic eyewear business.The company now expects an attributable profit of 8.62 billion yen from 8.82 billion yen previously, EPS of 369.39 yen from 377.87 yen, and net sales of 110.4 billion yen from 111.7 billion yen.Jins plans to pay a year-end dividend of 68 yen per share for the current year, which is higher than the 59 yen paid in the prior-year period.

TYO:3046

Morgan Stanley Upgrades Ryman Hospitality Properties to Overweight From Equalweight, Price Target is $88

Ryman Hospitality Properties (RHP) has an average rating of buy and mean price target of $115.20, 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)

$RHP

BTIG Initiates Infleqtion at Buy With $22 Price Target

$INFQ

BTIG Initiates WhiteFiber at Buy With $20 Price Target

WhiteFiber (WYFI) has an average rating of buy and mean price target of $28.64, 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)

$WYFI

Elbit Systems Insider Sold Shares Worth $5,282,692, According to a Recent SEC Filing

Yehuda Vered, Executive Vice President, on April 09, 2026, sold 5,953 ordinary shares in Elbit Systems (ESLT) for $5,282,692.SEC Filing:https://www.sec.gov/Archives/edgar/data/1027664/000117891326002053/xslF345X05/zk2635056.xml

International123d ago

US-Iran Ceasefire Hopes Lift European Bourses Midday

European bourses tracked higher midday Friday as traders weighed reports that US and Iran ceasefire negotiators will meet in Islamabad on Saturday.Bank and tech stocks led gains on continental trading floors, while oil shares lagged.Front-month North Sea Brent crude-oil futures were up 0.1% at $96.05 a barrel.Investors also eyed flat Wall Street futures amid higher closes overnight on Asian exchanges.In other news, European airports could face jet-fuel shortages if the Strait of Hormuz is not reopened in three weeks, Financial Times reported, citing a Airports Council International letter to the European Union.The pan-continental Stoxx Europe 600 Index was up 0.8% mid-session.The Stoxx Europe 600 Technology Index was up 1.3%, and the Stoxx 600 Banks Index rose 1.8%.The Stoxx Europe 600 Oil and Gas Index eased 0.8%, while the Stoxx 600 Europe Food and Beverage Index edged 0.9% higher.The REITE, a European REIT index, gained 0.3%.On the national market indexes, Germany's DAX was up 0.7%, and the FTSE 100 in London gained 0.4%. The CAC 40 in Paris was up 0.8%, and Spain's IBEX 35 lifted 0.7%.Yields on benchmark 10-year German bonds were higher, near 3.03%.The Euro Stoxx 50 volatility index was down 4.6% at 22.47, but still indicating above-average volatility for European stock markets in the next 30 days, a negative signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

^SXXP

Elbit Systems Insider Sold Shares Worth $7,546,450, According to a Recent SEC Filing

Oren Yaacov Sabag, Executive Vice President, on April 09, 2026, sold 8,504 ordinary shares in Elbit Systems (ESLT) for $7,546,450.SEC Filing:https://www.sec.gov/Archives/edgar/data/1027664/000117891326002051/xslF345X05/zk2635055.xml

Elbit Systems Insider Sold Shares Worth $6,792,160, According to a Recent SEC Filing

Yoram Shmuely, Executive Vice President, on April 09, 2026, sold 7,654 ordinary shares in Elbit Systems (ESLT) for $6,792,160.SEC Filing:https://www.sec.gov/Archives/edgar/data/1027664/000117891326002055/xslF345X05/zk2635057.xml

Fosun Pharma Unit Gets China Nod to Register Analgesia Drug

Shanghai Fosun Pharmaceutical (SHA:600196, HKG:2196) unit Yaopharma's drug registration application of Flurbiprofen Axetil Injection was approved by China's National Medical Products Administration, according to a Friday Hong Kong bourse filing.The approved indication is for post-surgical and cancer-related analgesia.

HKG:2196SHA:600196

Dow JonesNasdaq CompositeS&P 500$SNOW$TSM

Eco Hotels And Resorts Ties Up with My Travel Bazaar to Expand B2B Travel Services

Eco Hotels And Resorts (BOM:514402) said it has entered into a strategic partnership with business-to-business travel company My Travel Bazaar to offer integrated airline booking, hotel reservations, railway ticketing and end-to-end travel services, according to a company statement filed with BSE on Friday.The tie-up will leverage a network of over 20,000 travel agents to expand its reach in the B2B segment, the statement said.

BOM:514402

US Markets123d ago

Stocks Mostly Down Pre-Bell as US-Iran Talks Loom; Consumer Inflation Report on Deck

The main US stock measures were mostly tracking in the red before the open Friday as traders await talks between US and Iranian officials and a key report on consumer inflation.The S&P 500 and the Dow Jones Industrial Average edged down 0.1% each in premarket activity, while the Nasdaq was up less than 0.1%. The indexes finished the previous trading session higher, with the S&P 500 and the Nasdaq recording their seventh straight day of gains.Officials from the US and Iran are expected to meet on Saturday in Pakistan, which helped broker the truce between the two countries earlier in the week.Israeli Prime Minister Benjamin Netanyahu said the country would negotiate with Lebanon on disarming Hezbollah, CNN reported Thursday. Iran's parliamentary speaker, Mohammad Bagher Ghalibaf, previously called Israel's continued attacks on Lebanon a violation of the ceasefire agreement between Washington and Tehran.In a social media post on Thursday, President Donald Trump said Iran was "doing a very poor job" of allowing oil to go through the Strait of Hormuz. "That is not the agreement we have," Trump said.Iranian state media reported that transit through the strait was halted following Israeli strikes on Lebanon.West Texas Intermediate crude oil nudged 0.2% higher to $98.02 a barrel before the opening bell, while Brent ticked up 0.1% to $95.97. "With a full reopening of the strait unlikely in the near term, oil prices are expected to remain supported, as disruptions linked to reduced output and refinery shutdowns will take time to unwind," ING Bank said in a note on Thursday.The consumer price index report for March is scheduled for an 8:30 am ET release. Official data are expected to show that consumer inflation accelerated 0.9% and 3.4% on sequential and annual bases last month, according to a Bloomberg-compiled consensus.Treasury yields were down in premarket action, with the two-year rate retreating 0.2 basis points to 3.78% and the 10-year rate off 0.4 basis points to 4.29%.Government data on Thursday showed that inflation accelerated sequentially in February as real consumer spending edged higher, with analysts expecting price pressures to intensify due to the spillover effects of the Middle East conflict.The US economy expanded at a slower rate in the fourth quarter than previously projected, as consumer spending growth decelerated, according to the Bureau of Economic Analysis' third estimate.Minutes from the Federal Reserve's March meeting showed earlier in the week that participants emphasized the need for the central bank to be "nimble" in adjusting monetary policy amid heightened macro risks.Friday's economic calendar also has the preliminary University of Michigan consumer sentiment report for April at 10 am, while the weekly Baker Hughes oil-and-gas rig count is out at 1 pm.Taiwan Semiconductor Manufacturing's (TSM) US-listed shares gained 2% pre-bell after the chipmaker disclosed a year-over-year increase in its first-quarter revenue. Snowflake (SNOW) rebounded 0.2% following a 12% drop at the close of the previous trading session.Gold declined 0.8% to $4,779 per troy ounce, while bitcoin slipped 0.2% to $71,920.

Elbit Systems Insider Sold Shares Worth $22,641,124, According to a Recent SEC Filing

Bezhalel Machlis, President and Chief Executive Officer , on April 09, 2026, sold 25,514 ordinary shares in Elbit Systems (ESLT) for $22,641,124.SEC Filing:https://www.sec.gov/Archives/edgar/data/1027664/000117891326002047/xslF345X05/zk2635053.xml

SinoMedia Proposes Name Change

SinoMedia (HKG:0623) is proposing to change its English name to Golden Bridge Group, according to a Friday Hong Kong bourse filing.The name change is subject to shareholder and regulatory approvals, the advertising firm said.The firm believes the new name will give it a more defined corporate image and identity, aligning with its strategic focus, and is expected to boost business development.

HKG:0623

Treasury123d ago

BMO On The Day Ahead In Canada

Canada will release the Labour Force Survey (LFS) for March at 8:30 a.m. ET Friday, said Bank of Montreal (BMO).Canada's economy looks to add a "modest" 15,000 jobs in March, which would barely make a dent in the cumulative 108,700 drop over the first two months of the year, noted the bank.BMO added that the unemployment rate is expected to be steady at 6.7%, although it continues to face downward pressure from the ongoing decline in the size of the labor force.Beyond the population swings, the labor market remains on a softening path as economic uncertainty continues to be elevated, stated the bank.Looking ahead, employment faces further downside pressure as past layoff announcements come into force, driven by United States tariffs and efforts to cut government spending, added BMO.

$CXY

Elbit Systems Insider Sold Shares Worth $6,792,160, According to a Recent SEC Filing

Jonathan Ariel, Executive Vice President, on April 09, 2026, sold 7,654 ordinary shares in Elbit Systems (ESLT) for $6,792,160.SEC Filing:https://www.sec.gov/Archives/edgar/data/1027664/000117891326002049/xslF345X05/zk2635054.xml

Crisil, India Ratings Assigns A1+ Rating to Mahindra & Mahindra Financial's Commercial Papers

Mahindra & Mahindra Financial Services (NSE:M&MFIN, BOM:532720) said CRISIL Ratings has assigned A1+ rating to the company's commercial paper worth 170 billion Indian rupees, according to an Indian bourse filing on Friday.Separately, India Ratings & Research also assigned A1+ rating to Mahindra & Mahindra Financial's commercial paper worth 200 billion Indian rupees, the filing said.

BOM:532720NSE:M&MFIN