Nike is an ‘attractive margin recovery story’ says Citi, upgrades stock to Buy
Citi analysts upgraded their recommendation on Nike (NYSE:NKE) stock to Buy from Neutral with a price target raised by $35…
Nigeria’s central bank assures ample naira supply amid withdrawal surge
The Central Bank of Nigeria (CBN) has stepped forward to address the concerns over the reported shortages of naira notes…
Cigna abandons pursuit of Humana, plans $10 billion share buyback
(Reuters) – U.S. health insurer Cigna (NYSE:CI) has ended its attempt to negotiate an acquisition of rival Humana (NYSE:HUM) after…
Cigna rallies 12% after ending Humana deal talks, approving new $10B buyback
Cigna Group (NYSE:CI) has reportedly abandoned its pursuit of a merger with Humana (NYSE:HUM) after facing shareholder resistance to the…
US plans $35 million award to BAE to boost chip supply for F-35
(Reuters) – The U.S. Commerce Department said Monday it plans to award $35 million to BAE Systems (LON:BAES) to quadruple…
India stocks higher at close of trade; Nifty 50 up 0.13%
India stocks were higher after the close on Monday, as gains in the Metals, Real Estate and Public Sector Undertakings…
Investcorp acquires 50% stake in Corsair Capital’s infrastructure business
(Reuters) – Middle East alternative investment firm Investcorp has acquired a 50% stake in the $4.8 billion infrastructure business of…
Ukraine says no green light for EU membership talks would be ‘devastating’
(Reuters) -Ukrainian Foreign Minister Dmytro Kuleba said on Monday it would be “devastating” for Kyiv and the European Union if…
Boeing to name Stephanie Pope as chief operating officer – WSJ
(Reuters) – Boeing is expected to name company veteran Stephanie Pope as its chief operating officer, setting her up as…
Macy’s investors mount $5.8 billion buyout bid
(Reuters) – An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take…