On Wednesday, Needham, a notable investment firm, adjusted its price target for ViaSat (NASDAQ:), a global communications company, lowering it to $28 from the previous target of $35. Despite this change, the firm sustained its Buy rating on the company's stock. ViaSat's fourth fiscal quarter of 2024...
, /PRNewswire/ -- Kuaishou Technology ("Kuaishou" or the "Company"; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, today announced that its board of directors (the "Board") adopted a new on-market share repurchase program (the "New Share Repurchase Program")....
On Wednesday, Loop Capital adjusted the price target for Eagle Materials (NYSE:) to $305 from the previous $310, while maintaining a Buy rating on the stock. The revision follows Eagle Materials' recent earnings report, which revealed a quarter that fell short of expectations, primarily due to weaker cement margins....
On Wednesday, Truist Securities revised its price target for Lowe's Companies Inc. (NYSE: NYSE:), a leading home improvement retailer. The new price target is set at $265, reduced from the previous target of $271, while the firm maintains a Buy rating on the stock. The adjustment comes after Lowe's...
By Parisa Hafezi DUBAI (Reuters) - Iran's Supreme Leader led prayers in Tehran on Wednesday at the funeral of the late President Ebrahim Raisi, as the clerical establishment hurried to organise an early election that could further erode its legitimacy amid growing public discontent. The June 28 vote...
In a recent transaction filed with the Securities and Exchange Commission, Steven R. Rasmussen, a director at York Water Co (NASDAQ:YORW), purchased shares of the company's common stock. The transaction, dated May 20, 2024, involved the acquisition of shares valued at approximately $1,000, at a price of $38.484 per...
On Tuesday, Barclays elevated its view on Wise plc (WISE:LN) (OTC: WPLCF) stock, shifting its rating from Equalweight to Overweight and increasing the price target to £10.00 from the previous £8.00. The move reflects the financial institution's growing confidence in the company's ability to sustain its growth trajectory. The...
By Burcu Karakas ISTANBUL (Reuters) - Tens of thousands of Russians who fled to Turkey after Moscow's invasion of Ukraine have moved on to other countries in the last year, squeezed by residency issues and soaring costs, according to data and interviews, including with nine Russian citizens. ...
By Noah Browning (Reuters) -Oil prices dropped by more than $1 on Tuesday, extending losses on the potential for lingering U.S. inflation to keep interest rates higher for longer, depressing consumer and industrial demand. futures fell by $1.54, or 1.8%, to $82.17 a barrel by 1210 GMT....
HSBC analysts believe the current market rally is poised to continue, supported by a "Goldilocks" economic scenario where conditions are just right for growth without overheating.  Despite lingering inflation concerns, recent gains in global equity markets, credit markets, and commodities signal a robust outlook. The rally has been driven by slightly...