Novo Nordisk's U.S.-listed and domestic shares rose Wednesday after analysts from UBS upgraded the Danish drugmaker's stock to "buy" from "neutral," calling the recent sell-off of the stock "overdone."
U.S. equites were slightly lower at midday as the market weighed the latest report on private sector employment and waited for the government's jobs report later this week.
Cal-Maine Foods shares climbed Wednesday after the egg producer reported better-than-expected results on higher egg prices and holiday season demand.
(Bloomberg) -- Plunging UK markets are serving a fresh warning about the British economy and heaping pressure on Keir Starmer’s embattled Labour government.Most Read from BloombergNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can States Hit the Brakes on Runaway Roadbuilding?While UK bond yields have been creepi
Roth MKM analyst Joe Reagor initiated coverage on Brazil Potash Corp. (AMEX:GRO) with a Buy rating and a price target of $17, citing the company’s undervalued Autazes potash project. According to Reagor, Brazil’s heavy reliance on potash imports underscores the project’s importance, and favorable financing terms could unlock additional valuation upside. The Autazes project could supply 18% of Brazil’s potash demand, producing 2.4 million tons annually. As a major agricultural exporter and potash
Helen of Troy missed quarterly sales and net income forecasts and lowered its fiscal 2025 profit outlook as demand for beauty and wellness products declined.
Nvidia (NVDA) chief executive Jensen Huang doesn’t think useful quantum computers will be here anytime soon — and stocks are not reacting well to it.
Economic data out Wednesday showed the pace of hiring in the US economy continued to slow. But separate data indicated layoffs remain low, keeping the US labor market in a 'no hire, no fire' stasis.
(Bloomberg) -- The 20-year Treasury bond offered a grim warning as a selloff fueled by inflationary angst gripped global debt markets: 5% yields are already here.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?NYC Condo Owners May Bear Costs of Landmark Green Building LawCan States Hit the Brakes on Runaway Roadbuilding?The 20-year yield, a laggard on
Investors absorbed a report that President-elect Donald Trump is considering declaring a national economic emergency to pave the way for proposed tariffs.