Newsfeeds Archive - Page 668 of 19074

4 minute read

Why XP Shares Are Trading Lower By Around 12%? Here Are Other Stocks Moving In Wednesday’s Mid-Day Session

May 22, 1:28 PM

Shares of XP Inc. (NASDAQ:XP) fell sharply during Wednesday’s session after the company reported worse-than-expected first-quarter EPS results.…

ADI

2 minute read

Norwegian Cruise Line Should Strengthen Cost Management, Says Analyst

By Shivani Kumaresan

May 22, 1:26 PM

BofA Securities analyst Andrew G. Didora reiterated a Neutral rating on Norwegian Cruise Line Holdings with a price target of $20.00. The cruise operator raised its 2024 adjusted earnings guidance to $1.42 per share and introduced new 2026 targets with earnings around $2.45 per share. NCLH aims for net leverage of 4.5x by 2026, assuming $7 billion in operating cash flow.

NCLH

2 minute read

Hawaii Court Rules Against Bristol Myers, Sanofi In Blood Clot Drug Case, Increases Liability To $916M

By Vandana Singh

May 22, 1:25 PM

A Hawaii judge has ordered Bristol Myers Squibb and Sanofi to pay $916 million for not warning non-white patients about the health risks of their blood thinner Plavix. The ruling follows a previous $834 million judgment

BMY

2 minute read

Novo Nordisk’s Once-Weekly Insulin Flagged With Risk Of Low Blood Sugar Ahead Of FDA Review

By Vandana Singh

May 22, 1:21 PM

The FDA's Endocrinologic and Metabolic Drugs Advisory Committee will review Novo Nordisk's application for once-weekly insulin icodec on May 24. Concerns include an increased risk of hypoglycemia in type 1 diabetes patients.

NVO

2 minute read

Global
News

“LVMH Deepens Partnership With Alibaba To Boost Tech Presence In China” – Reuters

By Benzinga Newsdesk

May 22, 1:20 PM

https://www.reuters.com/markets/deals/lvmh-deepens-partnership-with-alibaba-boost-tech-presence-china-2024-05-22/French luxury group LVMH will deepen its partnership with Alibaba to leverage the firm's cloud

BABA

2 minute read

Stryker Stock Is Attractive Considering Its Double-Digit Organic Revenue Growth – Analyst Upgrades Stock

By Anusuya Lahiri

May 22, 1:17 PM

Needham analyst upgrades SYK to Buy, expects new products & M&A to drive upside in revenue & EPS. Strong backlog & growth potential make shares attractive.

SYK

2 minute read

(HLNE) – Analyzing Hamilton Lane’s Short Interest

By Benzinga Insights

May 22, 1:15 PM

Hamilton Lane’s (NYSE:HLNE) short percent of float has fallen 7.83% since its last report. The company recently reported…

HLNE

2 minute read

Looking Into Kenvue’s Recent Short Interest

By Benzinga Insights

May 22, 1:15 PM

Kenvue’s (NYSE:KVUE) short percent of float has fallen 23.28% since its last report. The company recently reported that…

KVUE

2 minute read

How Is The Market Feeling About Brown & Brown?

By Benzinga Insights

May 22, 1:15 PM

Brown & Brown’s (NYSE:BRO) short percent of float has fallen 6.92% since its last report. The company recently…

BRO

2 minute read

Stocks Falter, Metals Fall As Traders Turn Cautious Ahead Of Fed Minutes, Nvidia Earnings; First Solar Hits Record Highs: What’s Driving Markets Wednesday?

By Piero Cingari

May 22, 1:02 PM

Wall Street experienced a muted session on Wednesday morning as traders adopted a cautious stance ahead of the Federal Reserve meeting minutes release at 2 p.m. EDT and Nvidia Corp.

ADI