Newsfeeds Archive - Page 8 of 246

2 minute read

Old Dominion Freight Line Set For Strong Growth Amid Favorable LTL Trends, Says Analyst

June 5, 2:50 PM

ODFL stock initiated with Outperform rating and $210 price target. Analyst expects continued growth due to favorable industry conditions, corporate culture, and execution.

IYT

2 minute read

HPE’s Financial Surge Led By AI Demand Despite Margin Pressures, Analysts Optimistic About Future Growth

By Lekha Gupta

June 5, 2:34 PM

Hewlett Packard Enterprise (NYSE: HPE) shares rise on Q2 results beating expectations. Analysts optimistic about revenue and EPS projections.

FCFY

1 minute read

Aramco In Discussions With Tellurian And NextDecade On LNG Projects: Report

By Lekha Gupta

June 5, 1:48 PM

Aramco is reportedly in talks with Tellurian and NextDecade for LNG projects in U.S., aiming to strengthen its position in growing global LNG market.

2 minute read

Axos Fights Back Against Short Seller’s ‘Evergreening’ Allegations

By Lekha Gupta

June 5, 12:44 PM

Axos Financial says Hindenburg Research's short report is misleading and false. Its latest earnings call provided credit updates and there have been no changes since then, company says. ment and the company's favorable credit metrics are not manipulated. AX shares are up 0.32% at $50.41.

2 minute read

Why Specialty Vehicles Manufacturer REV Group Shares Are Surging Today

By Lekha Gupta

June 5, 12:42 PM

REV Group beat Q2 expectations with $616.9M in sales, adjusted EPS of $0.39. FY24 sales outlook lowered.

FIXT

2 minute read

Equinor Executes Offtake Agreement For Empire Wind 1: Details

By Lekha Gupta

June 5, 12:10 PM

Equinor has finalized an agreement with NYSERDA for renewable power from its Empire Wind 1 offshore wind project, further solidifying its progress towards powering 500,000 New York homes with renewable energy.

EQNR

2 minute read

Suriname Oil Boom On the Horizon: TotalEnergies, APA Near FID for Block 58

By Lekha Gupta

June 5, 11:17 AM

TotalEnergies, APA Corp., and Staatsolie have made progress towards FID for developing offshore Block 58, with production starting in 2028.

APA

2 minute read

Why Is Hanesbrands Stock Gaining Premarket Wednesday?

By Lekha Gupta

June 5, 9:23 AM

Hanesbrands to sell Champion business for $1.2 billion, with potential to reach $1.5 billion. Proceeds to accelerate debt repayment.

CALF

2 minute read

SAP Snags WalkMe For $1.5B: A Power Move In AI-Enhanced Business Solutions

By Lekha Gupta

June 5, 6:33 AM

WalkMe surges after SAP announces acquisition for $1.5 billion. Deal to boost SAP's Business Transformation Management portfolio.

IZRL

2 minute read

TC Energy Shareholders Approve Spin-Off Of Liquids Pipeline Business: Report

By Lekha Gupta

June 4, 1:23 PM

Shareholders approve creation of new energy infrastructure company, South Bow Corp, which will hold assets like Keystone pipeline. TC Energy CEO says spin-off will maximize value.

ATMP