Bank of Jiujiang to Issue 205.7 Million Domestic Shares
Bank of Jiujiang plans to issue 205.7 million domestic shares at RMB7.29 each and 1 million H shares at HK$8.38 each.
Bank of Jiujiang Co Ltd
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Goldman Sachs Turns More Positive on Global Stocks Short Term
Goldman Sachs expects strong earnings, resilient growth and moderating inflation to support global stocks near record highs.
Global stocks
EU-China Hybrid Car Deal Eases Pressure but Leaves Risks Intact
Oxford Economics says the EU plan to limit Chinese hybrid-car imports offers European automakers temporary relief but cannot resolve wider trade tensions.
European carmakersChinese hybrid carsEUR
Wells Fargo Maintains Overweight Ratings on Five Companies
Wells Fargo kept Overweight ratings on Lincoln National, AXIS Capital, Aon, Hamilton Insurance and Amazon, while changing targets for four stocks.
LNCAXSAONHGAMZN
NutryFarm Receives Demand to Suspend Niu Liming as CEO
The company is reviewing an urgent notice seeking Niu Liming’s immediate suspension and the appointment of its current CFO as interim CEO.
Wells Fargo Keeps Equal-Weight Ratings on Four Companies
Wells Fargo maintained Equal-Weight ratings on Carter’s, Aflac, Voya Financial and Marsh & McLennan while lowering targets for three stocks.
CRIAFLVOYAMRSH
Barclays raises total Pennon Group position to 5.5%
Barclays notified Pennon Group of a combined position representing 25,939,243 voting rights, or 5.5%, after crossing the threshold on 8 October 2026.
Pennon Group PLCBarclays PLCBarclays Capital Securities Limited
India’s bullet-train project moves into its final construction phase
The Mumbai-Ahmedabad high-speed rail project is accelerating as India develops its own trainsets after costs rose to about Rs.1.08 trillion.
Indian RailwaysINRJapan International Cooperation AgencyBEMLNHSRCL
Wells Fargo Cuts Norwegian Cruise Line Price Target to $18
Wells Fargo lowered Norwegian Cruise Line’s price target from $20.00 to $18.00 per share while maintaining its Overweight rating.
NCLH
Capital Economics: EU-China hybrid-car deal could set template for future agreements
The EU will limit imports of Chinese hybrid and plug-in hybrid cars to 350,000 units a year for four years.
European automakersChinese hybrid vehiclesEUR/USD
TD Cowen starts coverage of TeraWulf and Brown & Brown with Buy
TD Cowen set price targets of $21 for TeraWulf and $82 for Brown & Brown, implying upside of 52.5% and 30.4%.
TeraWulfBrown & Brown
DHT Holdings Shares Rise as Spot Rates Surge in Fourth Quarter
DHT Holdings said about half of its available spot days were booked at an average $509,100 daily rate in the fourth quarter.
DHT HoldingsVLCC spot ratesCrude oil tankers
US Treasury yield surge fuels mortgage hedging and bond-market pressure
Rising Treasury yields have increased mortgage hedging and selling pressure, while analysts say the effect may be smaller than in past market selloffs.
10-year US Treasuries30-year US TreasuriesMBSSOFR futuresUS mortgage ratesUSD
Amazon price targets cut before Q3 report as AWS outlook stays firm
Wells Fargo and Cantor Fitzgerald trimmed Amazon targets while pointing to faster AWS growth, AI demand and a possible $7 billion Decart deal.
AMZNAWSAmazon Trainium3
Piper Sandler Maintains Underweight Rating on Alexander's
Benzinga reports that Piper Sandler left its Underweight rating on Alexander's unchanged, without providing further details.
Alexander'sALX
Wells Fargo Cuts Price Targets for Three Companies
Wells Fargo lowered targets for Royal Caribbean, Kinsale Capital and Zillow, while keeping Equal-Weight ratings on the latter two, Benzinga reports.
RCLKNSLZG
Piper Sandler Keeps Overweight Ratings on Three Companies
Piper Sandler maintained Overweight ratings on Brixmor Property Group, Essex Property and Newmark Group while cutting price targets for two stocks.
Brixmor Property Group (BRX)Essex Property (ESS)Newmark Group (NMRK)
TD Cowen keeps Buy ratings on three companies unchanged
TD Cowen retained Buy ratings and its price targets for Alignment Healthcare, AerCap Holdings and HCA Healthcare.
Alignment HealthcareAerCap HoldingsHCA Healthcare
Hog Futures Edge Higher as Funds Add More Long Positions
Lean hog futures gained 0.2% early after funds increased net long holdings by more than 7,000 contracts, CFTC data showed.
Lean hog futuresPork futuresLive cattle futures
TD Cowen Starts Coverage of Brown & Brown and TeraWulf With Buy Ratings
Newsmetry API, citing Benzinga, reported that TD Cowen initiated coverage of Brown & Brown and TeraWulf with Buy ratings.
Brown & BrownTeraWulfBROWULF