Large Cap Archives - Page 119 of 437

2 minute read

This PayPal Analyst Expects 2024 To Be A ‘Transition Year,’ Foresees Stock Range-Bound Due To Valuation Concerns

January 17, 9:17 AM

PayPal stock price objective of $66 by BofA analyst with Neutral rating. Expecting decline in profit growth, transition year for company.

PYPL

1 minute read

GSK Cuts More Stake In Its Spun-Off Consumer-Healthcare Business Haleon, Raises Over £900M

By Vandana Singh

January 17, 9:14 AM

GSK sells 300M shares in Haleon at £326/share, raising £978M. GSK to retain 4.2% stake.

GSK

1 minute read

Thomson Reuters On Acquisition Spree: Buys World Business Media In The Insurance Arena

By Lekha Gupta

January 17, 8:01 AM

Thomson Reuters acquires World Business Media, expanding (re)insurance coverage. The move aligns with their strategy to offer valuable insights and services to a broader customer base.

TRI

1 minute read

BP’s CEO Search Success: Interim CEO Takes The Helm Permanently

By Lekha Gupta

January 17, 6:05 AM

BP has appointed Murray Auchincloss as its chief executive officer, following a competitive search process, carried out by the board over the past four months. Auchincloss has been the interim CEO since September 2023.

2 minute read

Morgan Stanley To Pay $249M Penalty In Block Trade Case: How Leaks Cost Blackstone, Oaktree Millions

By Neil Dennis

January 16, 5:06 PM

Morgan Stanley found to have breached clients' trust in block trade deals

2 minute read

Charles Schwab Q4 Earnings Preview: Banking On The Fed’s Pivot To Easing In 2024

By Surbhi Jain

January 16, 3:38 PM

Charles Schwab to report Q4 earnings on Jan. 17. Expected EPS: 64 cents and revenue: $4.48 billion. Focus on asset growth and banking segment challenges.

SCHW

2 minute read

BofA Analyst’s Chemical Blend: Rating Change Saga, Reassesses Agricultural Market Dynamics

By Lekha Gupta

January 16, 2:53 PM

Analyst bullish on commodity chemical stocks but selective, upgrades Dow Inc and Ecolab, downgrades Celanese and FMC Corp, lowers estimates for US chemicals stocks.

2 minute read

US Stocks Drift Lower As Dollar, Treasury Yields Rise, AMD Defies Gravity: What’s Driving Markets Tuesday?

By Piero Cingari

January 16, 2:51 PM

The U.S. stock market resumed its decline on Tuesday following a one-day closure for Martin Luther King Jr. Day. The major indices were all in the red around midday trading in New York as investors continue to monitor corporate earnings season and prospects for future interest rates.

AMD