Equities Archives - Page 85 of 1061

1 minute read

Apparel Company VF’s Fortune Will Not Turn For The Better, Says Analyst

May 21, 2:28 PM

Wedbush analyst Tom Nikic reiterated a Neutral rating on VF Corp shares, lowering the price target from $15.5 to $13. Nikic's checks suggest continued business challenges, with Vans being a significant issue. The analyst cut FY24-26 EPS forecasts and noted declining e-commerce traffic for The North Face and Vans. The company's highly-levered balance sheet adds further pressure.

VFC

2 minute read

Li Auto’s Strategic Adjustments And Upcoming Model Launches Position It for Future Success, Says Goldman Sachs

By Anusuya Lahiri

May 21, 2:20 PM

Goldman Sachs analyst reiterated Buy rating on Li Auto with $43.6 PT. Q1 revenue missed estimates, but new launches and sales network expansion expected to drive growth. Stock down nearly 30% in past 12 months.

FTLS

1 minute read

Nutanix Inks Pact With Dell & Nvidia – What’s Going On?

By Nabaparna Bhattacharya

May 21, 1:34 PM

Nutanix collaborates with Dell and Nvidia to deliver new joint solutions, enhancing cloud platform accessibility and AI capabilities.

DELL

2 minute read

Oil Giant Dives Deep in Angola: TotalEnergies Greenlights Kaminho FPSO Unit

By Lekha Gupta

May 21, 1:24 PM

TotalEnergies SE and partners disclosed FID for the Kaminho project in Angola. The project plans to develop fields and reduce methane emissions.

EIPX

1 minute read

PropertyGuru’s Q1 Stumbles: Singapore Shines, But Growth Elsewhere Sputters

By Lekha Gupta

May 21, 1:18 PM

PropertyGuru Group reported lower Q1 FY24 results with revenue of S$36.5M, missing consensus. Adjusted EBITDA rose to S$4M and EPS loss of S$(0.04). Outlook: revenue of S$165M-S$180M and adjusted EBITDA of S$22M-S$26M.

PGRU

2 minute read

What’s Going On With Mining Giant BHP Stock Tuesday?

By Nabaparna Bhattacharya

May 21, 1:08 PM

BHP Group hits a three-month high ahead of the Anglo bid deadline, amid positive market sentiments and speculation on acquisition discipline.

AAUKF

1 minute read

Shell Shareholders Reject Activist Climate Resolution: Details

By Shivani Kumaresan

May 21, 12:57 PM

Shell PLC (NYSE:SHEL) shareholders rejected a climate resolution by activist group Follow This, which aimed to align Shell's carbon targets with the Paris Agreement. Supported by investors managing $4 trillion, the proposal received 18.6% backing, down from last year's 20%. CEO Wael Sawan viewed the result as a vote of confidence in Shell's energy transition strategy, despite ongoing scrutiny and a significant legal challenge from a 2021 Dutch court ruling. Excerpt 2:

HAP