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Recent Posts

  • URW reveals 2028 objectives, stock edges higher
    May 14, 2025
  • Swiss court rules Credit Suisse bonus cuts were unlawful
    May 14, 2025
  • Trump meets Syrian president in Saudi Arabia before heading to Qatar
    May 14, 2025
  • March 10, 2025

Beacon Roofing reverses course on QXO's takeover attempt, weighs $11 billion offer

(Reuters) -Beacon Roofing Supply is negotiating a potential $11 billion buyout from billionaire Brad Jacobs-run QXO, in a complete reversal after it rebuffed an earlier offer and...

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  • March 10, 2025

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.77%

– Saudi Arabia stocks were lower after the close on Monday, as losses in the Media & Publishing, Industrial Investment and Energy & Utilities sectors led shares...

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  • March 10, 2025

White House expects positive Q1 GDP, resolution of trade policy uncertainty

-- White House economic adviser, Kevin Hassett, expressed optimism about the U.S. economy on Monday. He anticipates that uncertainties surrounding President Donald...

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  • March 10, 2025

FedEx halts economy parcel and freight services to Saudi Arabia

-- FedEx (NYSE:FDX), the international courier company, announced on Monday that it has immediately halted economy parcel and freight services to Saudi Arabia from a...

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  • March 10, 2025

Tesla, Apple and Novo Nordisk fall premarket; DoorDash rises

-- US stock futures fell Monday, continuing the previous week’s selloff amid concerns that President Donald Trump’s tariff policies could hit U.S....

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  • March 10, 2025

Wall Street initiates SailPoint coverage after recent IPO

-- Several Wall Street firms have begun research coverage on Sailpoint Inc (NASDAQ:SAIL), a U.S. company specializing in identity security solutions that went...

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  • March 10, 2025

Trump tariffs denting U.S. economy not a "foregone conclusion" - Sevens Report

- Fears that uncertainty around President Donald Trump's tariff policies could lead to a series of negative consequences for the broader economy are worth considering...

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  • March 10, 2025

Rosenblatt initiates SMCI at Buy, says AI revenues accelerating

-- In a note Monday, Rosenblatt analysts reinitiated coverage of Super Micro Computer (NASDAQ:SMCI) with a Buy rating and a 12-month price target of $60, citing the...

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  • March 10, 2025

Citi ups XPeng to Buy on strong volume growth, AI/robotics drivers

-- Citi lifted its rating on Xpeng Inc (NYSE:XPEV) stock to Buy from Neutral as the Wall Street firm expects higher projected volumes for the electric vehicle (EV)...

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  • March 10, 2025

Kizilbuk shares drop as Turkish ministry seeks demolition of luxury property

-- Shares of Turkish property developer Kizilbuk fell in Istanbul trading on Monday on reports that a ministry office is requesting the demolition of Kizilbuk's...

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