Analyst Upgrades Chevron but Downgrades Exxon Mobil, Favors Upstream Levered Names
RBC Capital Markets analyst Biraj Borkhataria downgraded Exxon Mobil Corp (NYSE: XOM) to Sector Perform from Outperform
Lifecore Biomedical Q3 Misses Street Estimates, Explores ‘Strategic Alternatives’
Lifecore Biomedical Inc (NASDAQ: LFCR) reported a Q3 FY23 revenue decline of 26% Y/Y to $27.60 million,
New Era In Ridesharing: Ford And Uber’s Mustang Mach-E Lease Pilot In Three Cities
Ford Motor Co (NYSE:F) announced a collaboration with Uber Technologies Inc (NYSE:UBER) to launch a flexible lease pilot program called Ford Drive.…
Accenture Buys Bourne Digital, Bolstering SAP Capabilities In Australia
Accenture PLC (NYSE:ACN) disclosed the acquisition of Bourne Digital in Australia for an undisclosed amount. Founded in 2015, Bourne Digital…
Caleres Q1: EPS Beat, Expense Reduction, Near-Term Pressure At Famous Footwear & More
Caleres Inc (NYSE:CAL) reported a Q1 2023 sales decline of 9.8% Y/Y to $662.7 million, missing the consensus of $699.9…
Johnson & Johnson Back in Court Over Talc-Related Cancer Claims
Yesterday, Johnson & Johnson (NYSE: JNJ) faced the trial related to the lawsuit accusing its baby powder and other talc products of causing cancer.
Exxon Mobil Gives Cold Shoulder to Climate Change Proposals, Claims It’s Not a Break-Up
In the AGM yesterday, Exxon Mobil Corp (NYSE: XOM) rejected proposals from investor groups that demanded more robust measures to address climate change.
Why Bank Of America And Wells Fargo Stocks Are Falling Today
Bank of America Corp (NYSE:BAC) and Wells Fargo & Co (NYSE:WFC) are trading lower by 2.20% and 3.30%, respectively, on Wednesday…
Doubling Down On Wholesale: BRC’s Revenue Projection For The Long Haul
Needham analyst Matt McGinley initiated coverage on BRC Inc (NYSE:BRCC) at a Hold rating. The analyst expects the company to benefit from…
Colliers International’s High-Value Service Poised For Mid-Teens ROIC: Analyst
RBC Capital Markets analyst Jimmy Shan initiated coverage on Colliers International Group Inc (NASDAQ:CIGI) at Outperform at a price target of $128.…