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.
1 source · Newsmetry API
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The EU will limit imports of Chinese hybrid and plug-in hybrid cars to 350,000 units a year for four years.
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TD Cowen set price targets of $21 for TeraWulf and $82 for Brown & Brown, implying upside of 52.5% and 30.4%.
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DHT Holdings said about half of its available spot days were booked at an average $509,100 daily rate in the fourth quarter.
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Rising Treasury yields have increased mortgage hedging and selling pressure, while analysts say the effect may be smaller than in past market selloffs.
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Wells Fargo and Cantor Fitzgerald trimmed Amazon targets while pointing to faster AWS growth, AI demand and a possible $7 billion Decart deal.
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Benzinga reports that Piper Sandler left its Underweight rating on Alexander's unchanged, without providing further details.
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Wells Fargo lowered targets for Royal Caribbean, Kinsale Capital and Zillow, while keeping Equal-Weight ratings on the latter two, Benzinga reports.
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Piper Sandler maintained Overweight ratings on Brixmor Property Group, Essex Property and Newmark Group while cutting price targets for two stocks.
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TD Cowen retained Buy ratings and its price targets for Alignment Healthcare, AerCap Holdings and HCA Healthcare.
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Lean hog futures gained 0.2% early after funds increased net long holdings by more than 7,000 contracts, CFTC data showed.
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Newsmetry API, citing Benzinga, reported that TD Cowen initiated coverage of Brown & Brown and TeraWulf with Buy ratings.
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TD Cowen retained Hold ratings on Artisan Partners Asset, Chevron and RenaissanceRe Holdings, with targets of $33, $225 and $320.
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Indian Overseas Bank will raise MCLR rates by 5 basis points across six tenors, while leaving its one-month benchmark unchanged.
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Pending home sales dropped 4% in September as mortgage rates moved above 7%, while the weekly average rate reached 7.28%.
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RBC Capital reaffirmed its Sector Perform rating and $145 price target for Merck & Co, citing international pricing pressure and limited EPS growth.
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The Bajaj Finserv unit secured Rs.950 crore for its first real estate vehicle, targeting Rs.2,000 crore including a green shoe option.
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Power outages affected 212,009 customers across several U.S. states on Monday, including 149,345 in Florida after Hurricane Isaias.
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Chipotle stock fell after Starbucks denied reports of a possible acquisition, reversing a brief rally driven by speculation about a deal.
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RTX's Raytheon will develop new signal-processing software intended to improve radar range, sensitivity and operating efficiency.
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Enact shares fell 1.8% after J.P. Morgan lowered its rating, citing the mortgage insurer’s valuation premium to comparable companies.
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