Equities Archives - Page 12 of 1061

2 minute read

Warren Buffett’s Berkshire Hathaway Further Reduces Position In This Tesla Rival, An Investment Charlie Munger First Recommended

June 17, 8:55 AM

China's BYD has made a name for itself in the highly competitive Chinese auto market and the fact that Berkshire picked the company's stock over Tesla is a testament to its strength.

BRK

3 minute read

GameStop, AMC Fame’s Reddit Group WallStreetBets Now Goes Hunting For Gains In India: ‘It’s Like 2 US Right Now’

By Rounak Jain

June 17, 8:44 AM

This story was first published on the Benzinga India portal.

AMC

2 minute read

Japan Pharma Giant Takeda’s Anti-Seizure Treatment Flunks In Two Late-Stage Studies

By Vandana Singh

June 17, 8:41 AM

Takeda Pharmaceutical released topline data from its Phase 3 studies, SKYLINE and SKYWAY, on Soticlestat for refractory Dravet and Lennox-Gastaut syndromes

TAK

1 minute read

Why Lease-To-Own Retailer Aaron’s Shares Are Surging Today

By Shivani Kumaresan

June 17, 8:33 AM

Aaron's Company shares soared as it announced an acquisition by fintech firm IQVentures for $10.10 per share, a 34% premium over its recent closing price, marking a significant shift to private ownership with a valuation around $504 million.

AAN

2 minute read

Wells Fargo’s Co-Branded Credit Card Strategy For Rent Payment Faces Challenges, Puts Financial Strain

By Vandana Singh

June 17, 8:27 AM

Wells Fargo's partnership with Bilt Technologies is proving costly, with the bank losing up to $10 million monthly. The co-branded credit card, initially aimed at expanding Wells Fargo's credit-card business, is under renegotiation due to financial strain.

2 minute read

Cisco Partners With Taiwan To Combat Cyber Threats: Report

By Shivani Kumaresan

June 17, 8:14 AM

Cisco reveals plans for a new cybersecurity hub in Taiwan to tackle increasing cyberattacks suspected from mainland China, reflecting its commitment to strengthening digital security and addressing the global talent shortage in cybersecurity.

CIBR

3 minute read

Wall Street Set For Cautious Start After Record Run Last Week — Fed Speeches, Manufacturing Data In Focus: Expert Flags This As Key Catalyst For Stocks

By Shanthi Rexaline

June 17, 7:35 AM

U.S. stocks are gearing up for a cautious start following last week’s record run, with the index futures currently showing mixed sentiment. Tech stocks could extend the strength but it remains to be seen if that pervades into the broader market.

ADSK

2 minute read

FDA Approves AstraZeneca Treatment For Advanced Endometrial Cancer

By Shivani Kumaresan

June 17, 6:38 AM

AstraZeneca's breakthrough drug, Imfinzi, combined with chemotherapy, has been officially approved by the FDA to treat advanced forms of endometrial cancer with mismatch repair deficiency. This critical approval is based on Phase III trial results showing a 58% reduction in disease progression, promising improved outcomes for those battling this severe cancer.

AZN

2 minute read

‘Nvidia Is Sucking The Oxygen Out Of The Room:’ Wealth Manager Says Stocks With ‘Good Fundamental Execution’ Can Still Decline Because Of AI Stalwart

By Shanthi Rexaline

June 17, 6:17 AM

Nvidia is second-best performer among S&P 500 stocks, thanks to its AI exposure, and the strength is expected to last multiple years.

AAPL

2 minute read

Adidas Faces Bribery Allegations In China, Launches Investigation: Report

By Shivani Kumaresan

June 17, 5:44 AM

Adidas AG is reportedly probing deep into accusations of bribery within its China operations, following whistleblower allegations of high-ranking officials embezzling millions. Despite the severity, no staff have been suspended as Adidas reassures its commitment to high ethical standards.

ADDYY