Truist adjust estimates on Rivian as shares face continued pressure ahead of 1Q report
Truist Securities reiterated a Buy rating on Rivian (NASDAQ:RIVN) and cut their price target on the stock to $28.00 (From…
Fox Corporation rises as revenue boosted by Super Bowl, higher volume of NFL games
Fox Corporation (NASDAQ:FOX) topped first-quarter earnings and revenue estimates, sending its shares higher premarket on Tuesday. The media giant reported third-quarter adjusted…
PacWest leads losses in regional bank stocks
(Reuters) – Shares of PacWest Bancorp looked set to lead declines in U.S. regional lenders at market open on Tuesday…
Under Armour expects dull annual sales, profit as demand slows
(Reuters) – Under Armour Inc forecast annual sales and profit below Wall Street expectations on Tuesday in a sign that…
Ford to test small UK fleet of hydrogen fuel cell E-Transit vans
(Reuters) – Ford Motor (NYSE:F) Co said on Tuesday it will test a small fleet of prototype hydrogen fuel-cell versions…
Ryanair set to order jets from Boeing, burying hatchet after price spat
(Reuters) – Ireland’s Ryanair is set to bury the hatchet with its exclusive supplier and place a multi-billion-dollar order for…
Valero Energy CEO Joseph Gorder to step down, insider Riggs to succeed
(Reuters) – U.S. refiner Valero Energy Corp (NYSE:VLO) said on Tuesday CEO Joseph Gorder would step down from the role on June…
Coty lifts profit forecast as luxury shoppers seek cosmetics, fragrances
(Reuters) – Coty (NYSE:COTY) Inc on Tuesday raised its annual profit forecast for the second time and beat third-quarter revenue…
Shoals rallies 12% after beat-and-raise quarter; analysts positive surprised
Shoals Technologies Group (NASDAQ:SHLS) shares surged over 12% after the solar-energy equipment maker reported stronger-than-expected Q1 results and raised its full-year…
IBM unveils new watsonx, AI and data platform
(Reuters) – International Business Machines (NYSE:IBM) Corp on Tuesday launched watsonx, a new artificial intelligence and data platform to help…