Citigroup Keeps Buy Ratings on APi Group and Parker-Hannifin
Citigroup maintained Buy ratings on APi Group and Parker-Hannifin while raising their share-price targets to $55.00 and $1234.00.
APi GroupAPGParker-HannifinPH
market news: macro
central bank decisions, rates, inflation and data releases, explained through their market impact.
stories appear here with a 15-minute delay. in real time — via the api connect the api →
Citigroup Raises Eaton Price Target to $498 From $485 a Share
Citigroup raised its price target for Eaton Corp. to $498.00 per share from $485.00, according to Benzinga’s report on analyst rating actions.
ETN
Trump Revives Lisa Cook Probe, Raising Fresh Fed Tensions
Trump’s new committee will reopen the case against Fed Governor Lisa Cook, setting up another test of the central bank’s political independence.
Federal ReserveUS interest ratesUSD
Citigroup Cuts Honeywell Price Target to $270 Per Share
Citigroup lowered its price target for Honeywell Technologies to $270.00 per share from $279.00, according to Benzinga ratings actions.
HONHoneywell
Zillow shares fall after Wells Fargo cuts its price target
Wells Fargo lowered Zillow’s price target from $35 to $31 while keeping an Equal Weight rating. The shares closed down 4% at $28.69.
Zillow (ZG)
Hewlett Packard Enterprise shares fall after rating downgrade
HPE shares fell 4.4% after Evercore ISI cut its rating, saying the valuation looked stretched following a strong rally in the stock.
Hewlett Packard EnterpriseHPEAMDJuniper NetworksU.S. Treasury yields
Artisan Partners shares fall after TD Cowen cuts price target
Artisan Partners shares fell 3.3% after TD Cowen cut its target to $33. Preliminary assets under management missed the analyst’s estimate.
APAMArtisan Partners
FormFactor shares gain after collaboration deal with Teradyne
FormFactor and Teradyne will work to accelerate semiconductor test solutions. Teradyne is also making a strategic $300 million equity investment.
FormFactorTeradyne
Syndax to Halt Axatilimab Development After Fibrosis Trial Miss
Newsmetry API reports that Syndax’s axatilimab missed the main Phase 2 goal in idiopathic pulmonary fibrosis, ending plans for further development.
Syndax PharmaceuticalsAxatilimab
RTX advances naval radar, Coyote interceptor and Vietjet support
RTX reported naval radar software work, three Coyote interceptor tests and broader Collins Aerospace maintenance coverage for 44 Vietjet aircraft.
RTXRaytheonCollins AerospaceVietjet Air
Teradyne to Invest $300 Million in FormFactor Testing Deal
FormFactor and Teradyne will cooperate on semiconductor-testing systems, while Teradyne plans a $300 million strategic equity investment in FormFactor.
FormFactorTeradyne
Navitas and NVIDIA unveil 800 V-to-12 V board for AI data centers
Navitas and NVIDIA developed a 24 kW board that converts 800 VDC directly to 12 VDC for AI data centers, removing the 50 V IBC stage.
NVTSNVDAGaNSiC
Global Ship Lease secures $1 billion syndicated loan facility
Global Ship Lease agreed a seven-year $1 billion loan facility at SOFR plus 1.5% to fund the delivery of 15 new containerships from 2028 to 2030.
Global Ship LeaseGSLSOFR
Nurix Therapeutics swings to Q3 profit on Roche deal proceeds
Nurix Therapeutics reported $673.06 million in third-quarter revenue, lifted by Roche license income and a Sanofi milestone payment.
Nurix Therapeutics
US stocks finish mixed as earnings and key data approach
The S&P 500 and Nasdaq slipped as technology shares fell and oil rallied. Investors now await bank results and the week’s inflation reports.
S&P 500NasdaqDow JonesWTIBrentUS equities
HCLTech beats forecasts as quarterly growth hits three-year low
HCLTech reported $3.72 billion in revenue, above estimates, but September-quarter growth slowed to its weakest level in three years.
HCLTechTata Consultancy ServicesAccentureUSD/INR
US Corn and Soy Basis Holds Mostly Steady as Harvest Gains Pace
US corn and soybean basis bids were largely unchanged as harvest accelerated, while CBOT corn rose and soybean futures finished lower.
CBOT December corn (CZ26)CBOT November soybeans (SX26)US corn basisUS soybean basis
Nasdaq slips as oil jumps and investors await bank earnings
US stocks ended mixed as the Nasdaq fell 0.44% after oil prices surged. Investors awaited bank earnings, inflation data and retail sales figures.
Nasdaq CompositeS&P 500Dow Jones Industrial AverageWTIMicrosoftUS Treasury yields
Derive forum weighs plan to pursue US derivatives expansion
A Derive governance proposal seeks approval for legal and regulatory work, plus treasury funding, to explore entry into US-regulated derivatives markets.
Derive
Equity Bancshares seen earning $1.29 per share for the quarter
Equity Bancshares is expected to report revenue of $85.059 million and earnings of $1.29 a share for the quarter ended September 30.
Equity Bancshares Inc