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Recent Posts

  • Superior Industries downgraded to ’CC’ at S&P amid potential debt restructuring
    May 13, 2025
  • S&P 500 climbs as cooling inflation keeps trade-driven optimism intact
    May 13, 2025
  • Trump says US adding $1 trillion of investment with Saudi trip
    May 13, 2025
  • February 7, 2025

Elliott builds $1.5 billion stake in Aspen, opposes Emerson deal

(Reuters) -Activist investor Elliott Management said on Friday it has invested more than $1.5 billion in Aspen Technology (NASDAQ:AZPN), opposing the company's decision to accept...

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  • February 7, 2025

Hims and Hers stock rises amid ad controversy

-- Shares of Hims and Hers (NYSE:HIMS) climbed 5% despite facing criticism over a Super Bowl advertisement for its generic weight-loss drugs. The ad, which highlights...

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  • February 7, 2025

Varex shares tumble after lackluster quarterly results

-- Shares of Varex Imaging (NASDAQ:VREX) Corporation (NASDAQ: VREX) dropped 19% as the company's first-quarter revenue fell short of Wall Street expectations. Despite...

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  • February 7, 2025

O-I Glass outlook revised to stable due to weak alcoholic beverage volumes: S&P Global

-- S&P Global has revised its outlook for O-I Glass (NYSE:OI) Inc. from positive to stable, citing marked underperformance in 2024 due to decreasing volumes and lower...

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  • February 7, 2025

Amazon MGM Studios to launch international theatrical distribution arm - Deadline

-- Amazon (NASDAQ:AMZN) MGM Studios is planning to establish an international theatrical distribution arm for its future feature films, according to Deadline. This...

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  • February 7, 2025

Flowers Foods outlook downgraded to negative due to Simple Mills acquisition: S&P Global

-- S&P Global has revised its ratings outlook for U.S.-based Flowers Foods (NYSE:FLO) Inc. from stable to negative, following the announcement of its $795 million...

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  • February 7, 2025

Honeywell's ratings under scrutiny following business separation announcement - Fitch

-- Fitch Ratings has placed Honeywell International Inc (NASDAQ:HON).'s ratings, including its Long- and Short-Term Issuer Default Ratings (IDRs) of 'A' and 'F1', on...

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  • February 7, 2025

Russia's anti-monopoly service considers month-long gasoline export ban

-- In a move to stabilize wholesale gasoline prices ahead of the crop-sowing season, Russia's Federal Anti-Monopoly Service is contemplating a one-month ban on...

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  • February 7, 2025

Guatemala's rating outlook revised to positive by Fitch, maintains 'BB' rating

-- Fitch Ratings has updated the Rating Outlook for Guatemala's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Positive from Stable on February 7, 2025....

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  • February 7, 2025

Affirm soars as strong holiday shopping powers BNPL lender's surprise profit

By Arasu Kannagi Basil and Pritam Biswas (Reuters) -Affirm's shares jumped 19.5% on Friday, as a strong holiday shopping season helped the buy now, pay later lender post a...

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