Accenture signals more pain for IT industry with disappointing forecast
(Reuters) – Accenture fanned concerns about dwindling IT spending on Thursday with a quarterly revenue forecast that was below Wall…
Kellogg valuation ‘seriously attractive’ – Bernstein
Kellogg (NYSE:K) was lifted to Market Perform from Underperform at Bernstein on Thursday, with analysts maintaining a $62 price target…
Lordstown Motors founder sells remaining stake in EV startup
(Reuters) – Lordstown Motors founder and former CEO Stephen Burns has sold his entire stake in the electric-vehicle maker, according…
Three former Credit Suisse CEOs blamed for excessive risk-taking in bondholder suit
(Reuters) – A group of Credit Suisse AT1 bondholders has filed a class action suit accusing former executives at the…
Warren Buffett’s charitable giving tops $51 billion
(Reuters) – Warren Buffett has donated another $4.64 billion of Berkshire Hathaway (NYSE:BRKa) stock to five charities, boosting his total…
Oil falls with interest rate hikes and inventories in focus
(Reuters) – Oil futures fell on Thursday, with trader concern over bearish impact from interest rate hikes countered by potentially…
Ford, SK joint venture set to receive $9.2 billion US government loan for battery plants
(Reuters) – The U.S. Energy Department on Thursday said it intends to loan a joint venture of Ford Motor (NYSE:F)…
Tesla loses one of its biggest Street bulls as Morgan Stanley cuts rating
Morgan Stanley analysts downgraded Tesla (NASDAQ:TSLA) shares to Equal Weight from Overweight, sending shares almost 4% lower in premarket Thursday.…
Micron confirms up to $825 million investment in India chip facility
(Reuters) – U.S. memory chip firm Micron Technology (NASDAQ:MU), Inc said on Thursday it would invest up to $825 million…
Dow futures slip ahead of Powell’s reappearance; Amazon in focus
U.S. stock futures are trading lower Thursday, as the recent tech-inspired rally loses steam with Fed chief Jerome Powell maintaining…