Author: Investing.com

Home » Archives for Investing.com
Top 10 Stocks For 2022
Post

Hologic earnings beat by $0.16, revenue topped estimates By Investing.com

© Reuters. Hologic earnings beat by $0.16, revenue topped estimates Investing.com – Hologic (NASDAQ: HOLX) reported first quarter EPS of $1.07, $0.16 better than the analyst estimate of $0.91. Revenue for the quarter came in at $1.07B versus the consensus estimate of $997.31M. Guidance Hologic sees FY 2023 EPS of $2.51-$2.81 versus the analyst consensus...

Chinese stocks surge after week-long holiday
Post

Chinese stocks surge after week-long holiday By Investing.com

© Reuters. By Ambar Warrick  Investing.com– Chinese stock markets rose sharply on Monday as they resumed trade after the Lunar New Year holiday, while a commitment from the government to boost spending and support economic growth also aided sentiment.  The index rose 1.3%, while the index added 0.6%, with most sectors trading positively. Automobile and industrial...

Goldman Sachs to reduce alternative investments weighing on earnings
Post

Goldman Sachs to reduce alternative investments weighing on earnings By Investing.com

© Shutterstock Goldman Sachs (GS) to reduce alternative investments weighing on earnings By Michael Elkins Reuters reports today that Goldman Sachs’ (NYSE:) asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank’s earnings. Goldman Sachs plans to divest its positions over the next few years and replace some...

5 big deal reports: Sun Pharma’s $576M pact for Concert Pharma
Post

Sun Pharma’s $576M pact for Concert Pharma By Investing.com

© Reuters By Davit Kirakosyan Investing.com — Among the biggest deal dispatches this past week, Sun Pharmaceutical said it would take out Concert Pharma, and Microsoft’s bid to acquire Activision may face an EU antitrust warning. Here’s the full list, as covered in real time on InvestingPro. Sign up to get this news first. Sun...

Orange shares slip as Jefferies slashes rating of French telecom group
Post

Orange shares slip as Jefferies slashes rating of French telecom group By Investing.com

© Reuters. By Scott Kanowsky  Investing.com — Shares in Orange SA (EPA:) fell on Monday after analysts at Jefferies downgraded their rating of the telecom company due to weak expectations for annual growth in its key French market. The analysts argued in a note to clients against consensus estimates that predict Orange’s performance in Europe’s second-largest...

U.S.-listed Chinese shares take a knock as Didi to exit NYSE
Post

Pinterest shares dip after being added to Evercore ISI tactical underperform list By Investing.com

© Reuters. Pinterest (PINS) shares dip after being added to Evercore ISI tactical underperform list By Sam Boughedda Pinterest (NYSE:) shares dipped early Thursday following contrasting notes from analysts at Evercore ISI and Piper Sandler. Evercore ISI added the stock to its Tactical Underperform list. Meanwhile, Piper Sandler maintained an Overweight rating on the stock,...

Electric car transition puts over 70,000 jobs at risk in Italy, unions and lobby say
Post

4 big stock buybacks this week: Wix.com, InterDigital By Investing.com

© Reuters. Here are some of the week’s biggest share-buyback announcements, all first covered on InvestingPro. Wix.Com (NASDAQ:) announced that the Israeli court authorized it to extend its share-repurchase program for an additional six months, through July 4, 2023, for the repurchase of up to $110 million of company ordinary shares and/or convertible notes. This...

5 biggest deals of 2022: Musk's Twitter buyout, Microsoft-Activision
Post

Musk’s Twitter buyout, Microsoft-Activision By Investing.com

© Reuters As we head into 2023, here’s a look back at a year that saw dealmaking slow into year-end amid rising interest rates by central banks, with three of the top five deals fraught with regulatory hurdles and controversy. Here are the five biggest merger deals of the year, as covered first on InvestingPro+....