Goldman Sachs Group is making notable shifts in its stance on two players in the investment banking sector. A Tuesday note issued to investors highlighted an upgrade for an asset management company and a downgrade for a financial restructuring business.
Uranium Energy Corp (AMEX: UEC) disclosed the completion of the deal with Rio Tinto Exploration Canada Inc., a subsidiary of Rio Tinto PLC (NYSE: RIO), for buying a portfolio of exploration-stage projects in the Athabasca Basin, Saskatchewan, Canada,
Wolfspeed Inc (NYSE: WOLF) inked a deal to divest its radio frequency business (Wolfspeed RF) to MACOM Technology Solutions Holdings Inc. (NASDAQ: MTSI)