Saturday, November 23, 2024

CATEGORY

Stock Market

Social Security’s insolvency is expected in 2035, one year later than projected, amid higher labor productivity

The improved forecast was due to high levels of labor productivity and lower long-term disability incidence rate. Source link

Why a potential Israeli invasion of Rafah matters to the oil market

An Israeli invasion of Rafah in Gaza would likely stoke fears of a wider Middle East conflict that could endanger the flow of...

Biden to tout Microsoft expansion at site where Trump-backed Foxconn plant flopped: report

President Joe Biden’s visit to Wisconsin on Wednesday will feature the Democratic incumbent highlighting a Microsoft expansion plan on land meant for Foxconn...

TD Bank’s stock drop on money-laundering probe overblown says KBW analyst, but Jefferies is not so sure

Jefferies cuts TD’s price target on fears of a “lost decade” while KBW reiterates outperform rating in more bullish stance. Source link

Bowlero’s stock slides 18% after earnings fall short of estimates and company offers soft guidance

Chief Executive and Founder Thomas Shannon said the quarter started slowly due to weather. Source link

Oil prices rise as Israel warns invasion of Rafah in Gaza may be imminent

Oil prices rise as Israel warned that an invasion of Rafah in Gaza may be imminent. Source link

Medical Properties Trust tenant Steward files for bankruptcy protection

Hospital chain Steward Health Care, a tenant of publicly traded Medical Properties Trust, said it’s filing for bankruptcy protection. Source link

Clean-energy producer Allete agrees to go private for $6.2 billion

Canada Pension Plan Investment Board and Global Infrastructure Partners team up to pay $67 a share. Source link

Micron’s stock is among the S&P 500’s best this year. Why it just got upgraded.

Baird sees “meaningful upside opportunities” for Micron and notes a recent pullback in the stock. Source link

Morgan Stanley’s Mike Wilson offers a playbook to cope with the cautious consumer

Morgan Stanley’s chief investment officer says investors need to lean on consumer staple companies in hard times. Source link

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