Patterson-UTI Energy and NexTier Oilfield Solutions to combine in $5.4B merger of equals
Patterson-UTI Energy (NASDAQ:PTEN) and NexTier Oilfield Solutions (NYSE:NEX) have entered into a merger agreement to combine in an all-stock merger…
Stifel sees Domino’s Pizza business stabilizing, upgrades to buy
Domino’s Pizza (NYSE:DPZ) was lifted to Buy from Hold, with a new price target of $350, up from $320, at…
Dow futures drop after Fed signals more hikes ahead; retail sales due
U.S. stock futures edged lower Thursday as investors digested the outcome of the latest Federal Reserve policy-setting meeting, ahead of…
Alibaba aims to expand local business in Europe, president says
(Reuters) – Alibaba Group will make Europe top priority as it focuses on building local businesses and online platforms outside…
Dollar gains after Fed hike hint; yen tumbles
(Reuters) – The U.S. dollar strengthened on Thursday after the Federal Reserve left borrowing costs unchanged but signalled further rate…
Oil rebounds on strong China refinery data but economic outlook caps gains
(Reuters) – Oil rebounded on Thursday after the previous day’s plunge, as data showed a jump in refinery runs at…
4 big analyst picks: Accenture upgraded to Neutral ahead of Q3 earnings
Accenture upgraded to Neutral ahead of Q3 earnings Accenture (NYSE:ACN) shares rose more than 1% pre-market today after Piper Sandler…
US prosecutors to drop new charges against Bankman-Fried in Oct trial
(Reuters) – U.S. federal prosecutors said late Wednesday that they would not immediately proceed with five charges of foreign bribery,…
French power company Engie launches new electric car charger brand
(Reuters) – French power company Engie said on Thursday it is launching a new brand called Vianeo which will form…
GSK and momelotinib: JPMorgan warns of possible disappointments
U.S. bank JPMorgan has maintained its “Underweight” rating for British pharmaceutical company GSK (LON:GSK). At the same time, the analysts…