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Seaport analyst Jeff Cantwell downgraded Mastercard Incorporated (NYSE:MA) to Neutral from Buy rating, with a price target of $521. The analyst writes that he continues to like Mastercard’s story but views the shares as fairly valued at this point. Revenue upside in 2025 appears more limited due to its higher international exposure compared to Visa, and Mastercard lacks an identifiable catalyst, adds the analyst. Last year, the analyst favored Mastercard over Visa. However, this year, the analys

Ollie's Bargain Outlets stock has pulled back to its bullish 126-day moving average

The company said like-for-like revenue across November and December fell 1.5 percent.

Porsche sold 2,771 electric Macans last year. The electric variant accounted for 11% of total Macan sales during that period, lifting Porsche's U.S. sales to a new record of 76,167 vehicles.

US benchmark equity indexes were higher intraday as traders parsed the latest producer price report

Eli Lilly shares tumbled Tuesday after the drugmaker lowered its revenue forecast for the 2024 fiscal year.

(Bloomberg) -- S&P Global Ratings on Tuesday lowered the rating on municipal bonds sold by Los Angeles Department of Water and Power, downgrading the utility’s power system bonds by two notches to A from AA-.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesThe ratings company said that the rating on the power system bonds “face further and significant downward pressure” after t

CEO Stéphane Bancel emphasised saving cash as integral in the company’s bid to parlay Covid-19 profits into future profitability.

Boeing was the worst-performing stock in the Dow Jones Industrial Average Tuesday after the company reported declining plane deliveries.

Hopes of a ceasefire deal to end the war in Gaza lifted the region's government bond markets and Israel's shekel on Tuesday as investors sensed relief after 15 months of conflict. Negotiators were meeting in Qatar hoping to finalise a ceasefire and hostage release agreement after U.S. President Joe Biden indicated that one was within reach. More than six hours after talks began there was still no word on an outcome but Israel's bonds and those of Lebanon, Egypt and Jordan were all edging higher as optimism built.