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Bunzl Shares Back to Buy After Recent Decline
Citi analysts said in a note this week that they have upgraded Bunzl (LON: BNZL) back to "Buy" following a recent downturn in its stock performance. [stock_market_widget type
Taylor Wimpey Stock Slides Despite 2024 UK Completions at Top End of Guidance
Taylor Wimpey (LON: TW.) shares dipped Thursday despite the company reporting UK home completions at the upper end of its guidance for 2024. [stock_market_widget type="chart"
TSMC Delivers Earnings Beat, Stock (NYSE: TSM) Moving Up
Taiwan Semiconductor Manufacturing's stock (NYSE: TSM) looks set for a bullish start to the day, as the world's leading semiconductor foundry, beat earnings expectations on top and bottom lines. EPS came in at NT$2.24 against
Persimmon’s Share Price Target Increased, Underperform Rating Maintained
RBC Capital adjusted its price target on Persimmon's shares (LON: PSN), raising the UK house builder from 1,275p to 1,325p. With the latest close at 1,173p after a 0.83% gain, potential upside to the new target is around 10%.
FTSE 100 Breaks 8,300 as Cooling Inflation Fuels Rate Cut Expectations
The FTSE 100 index witnessed a significant rise, climbing 99 points (+1.21%) to close the day a shade above 8,300, as inflation figures showed a slowdown for December
JPMorgan Beat’s Top and Bottom Lines in Q4 2024
JPMorgan Chase & Co (NYSE: JPM) released its fourth quarter financial results for 2024 today and beat on both top and bottom lines. Analysts were anticipating notable changes in both the company's earnings per share and r
Certara Surpasses Revenue Expectations in Q4
Certara's stock (NASDAQ: CERT) is up more than 5% on the day, as the firm reported preliminary fourth-quarter revenues that have exceeded market estimations. The reported
Intel to Spin-off Venture Capital Arm in Strategic Overhaul
Intel Corporation (NASDAQ: INTC) has announced its decision to spin-off its venture capital unit, Intel Capital, as the company seeks to streamline operations and reduce costs. This move comes amidst efforts to re-establish I
Hang Seng Index Leads Asian Markets on the Day, as KOSPI Set’s 2025 Pace
Asian stock markets have begun 2025 largely in negative territory, with Malaysia's KOSPI standing out as a notable gainer. Today's session delivered up largely muted trading, with some varying sentiment across certain markets
Leerink Reaffirms Confidence in Eli Lilly Despite Slow Mounjaro and Zepbound Sales
Eli Lilly has adjusted its revenue projections for the fourth quarter of 2024, revising the expected revenue to $13.5 billion. This figure is $400 million less than the company initially projected, a change largely attributed
ION Gains Approval for Algorithmic Trading on BSE
ION Markets has secured its registration as an Independent Software Vendor (ISV) for algorithmic trading on the Bombay Stock Exchange (BSE). This significant development al
PSP Investments Reduces Stake in D-Wave Stock (QBTS) as Analyst Doubles Price Target
The Public Sector Pension Investment Board (PSP Investments) has recently sold a substantial portion of its D-Wave Systems stock (NYSE: QBTS), signalling a strategic approach to the volatility being seen in the stock market.
Trustpilot, Wise Downgraded as Macro Backdrop ‘Still Subdued’
Morgan Stanley downgraded both Trustpilot (LON: TRST) and Wise (LON: WISE) to "Equal Weight" from "Overweight" in a note this week. The investment bank's analysts cited a "
Can Vistry Share Price Climb as Completions Rise in FY24?
Vistry Group's (LON: VTY) shares have moved higher so far on Wednesday, gaining over 5%, following a promising trading update for the year ended 31 December 2024. [stock_marke
Apple’s Stock in Correction Territory as iPhone Shipments Fall in Q4 2024
In the fourth quarter of 2024, Apple Inc. (NASDAQ: AAPL) experienced a decline in its global iPhone shipments. This decline is primarily attributed to weak demand and sales in China, according to data from the International D
Citi Boosts MasterCard Price Target (NYSE: MA) to $584 Amid FinTech Upswing
In a recent analyst adjustment, Citi has raised the price target on MasterCard Incorporated (NYSE: MA) to $584, up from the previous target of $572, while maintaining a "Buy" rating for the stock. This revision accompanies a
KB Home Stock (NYSE: KBH) Gains Boosted $95 Price Target as Earnings Beat
Evercore ISI has upgraded their price target for KB Home's stock (NYSE: KBH), a notable player in the residential construction sector, from $88 to $95, while retaining an Outperform rating on the shares. This updated target c
Tradeweb Markets’ Stock Raised By Analysts
Tradeweb Markets' stock (NASDAQ: TW) is trading up 1.61% today, moving back into the green on the year at $131.94. In recent days, the stock has seen a small raise from Barclays analyst Benjamin Budish, increasing the firm's
Southwest Gas Stock (NYSE: SWX) Initiated With $73 Price Target at Jefferies
Southwest Gas Holdings, Inc. (NYSE: SWX), a key player in the utilities sector, has been started with a Hold rating by the investment firm Jefferies, who also set a price target of $73 on the company's stock. This target sugg
FTSE 100 Holding 8,200 as Ocado Makes Strong Gain
The FTSE 100 index displayed mixed movements in trading sessions on January 14, evidencing both significant declines and gains among constituent companies. JD Sports