Intel (INTC) Stock Trades Up, Here Is Why
  • February 18, 2025

Intel (INTC) Stock Trades Up, Here Is Why

Shares of computer processor maker Intel (NASDAQ:INTC) jumped 10.5% in the afternoon session after The Wall Street Journal reported that the company is in talks with Broadcom and TSMC to sell certain assets. Sources revealed Broadcom is interested in Intel's product business, while TSMC is more focused on snapping up and controlling some of its factories. Investors are betting on management to make a move to unlock value in some of its operating segments, given the significant investments that h

Why Is Valmont (VMI) Stock Rocketing Higher Today
  • February 18, 2025

Why Is Valmont (VMI) Stock Rocketing Higher Today

Shares of infrastructure and agriculture equipment manufacturer Valmont Industries (NYSE:VMI) jumped 13.8% in the afternoon session after the company reported strong fourth-quarter 2024 results, with revenue, EBITDA, and EPS all beating analysts' expectations. Sales grew 2.1% y/y, driven by strength in the Infrastructure segment, where pricing improvements and higher volumes in utility and telecommunications offsetting declines in solar sales. Profit margins expanded significantly, and this was

Bath and Body Works (BBWI) Stock Trades Up, Here Is Why
  • February 18, 2025

Bath and Body Works (BBWI) Stock Trades Up, Here Is Why

Shares of personal care and home fragrance retailer Bath & Body Works (NYSE:BBWI) jumped 9.1% in the morning session after JP Morgan upgraded the stock's rating from Neutral to Buy. The firm added "Our recent fieldwork and management access points to a fundamental inflection on both the top and bottom-line into FY25 upgrading BBWI to Overweight raising our Dec '25 price target to $47."

Why Is H&E Equipment Services (HEES) Stock Soaring Today
  • February 18, 2025

Why Is H&E Equipment Services (HEES) Stock Soaring Today

Shares of machinery provider H&E (NASDAQ:HEES) jumped 18.8% in the pre-market session after Herc Holdings made an offer to buy the company for $104.89 per share in cash and stock, a 14% premium over the pending $92 per share sale to United Rentals. According to the terms of the deal, HRI's offer will generate $300 million of EBITDA by the end of the third year after closing.

Why Robinhood (HOOD) Stock Is Down Today
  • February 18, 2025

Why Robinhood (HOOD) Stock Is Down Today

Shares of financial services company Robinhood (NASDAQ:HOOD) fell 5.3% in the morning session after Wolfe Research analysts downgraded the stock's rating from Buy to Hold, citing valuation concerns. The analysts added, "Since our June upgrade, key drivers underpinning our upside (bull) case have largely played out and are now reflected in the current valuation / share price."

Tri Pointe Homes (TPH) Stock Trades Down, Here Is Why
  • February 18, 2025

Tri Pointe Homes (TPH) Stock Trades Down, Here Is Why

Shares of homebuilder Tri Pointe Homes (NYSE:TPH) fell 8.8% in the afternoon session after the company reported weak fourth-quarter results: Backlog fell sharply, down 35% in units and 28% in dollar value, raising concerns about future growth. Management blamed "elevated mortgage rates" for the weakness. On the other hand, sales and EBITDA came in ahead of expectations during the quarter. Looking ahead, management remains optimistic about 2025, citing early signs of demand recovery. Overall, thi

Exclusive-Ford slashes manager stock bonuses to cut costs, boost performance
  • February 18, 2025

Exclusive-Ford slashes manager stock bonuses to cut costs, boost performance

DETROIT (Reuters) -Some middle managers at Ford Motor will not get stock bonuses this year in what is seen internally as CEO Jim Farley's latest attempt to cut the automaker's bloated costs, according to six people familiar with the matter. Around 1,650 middle managers out of 3,300 globally will not get stock bonuses, according to a person familiar with the discussions. The stock awards are usually paid in March, but senior managers have been told to select which half of their middle management staff will receive them, four of the sources said.

Venture Global Analysts See LNG Firm’s Stock Weakening After Lackluster IPO
  • February 18, 2025

Venture Global Analysts See LNG Firm’s Stock Weakening After Lackluster IPO

(Bloomberg) -- Many of the banks that helped Venture Global Inc. go public now see the liquefied natural gas exporter’s stock price languishing even more from its already scaled back launch.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His Own Private WinnipegThe Arlington, Virgin