Morningstar8h
The S&P 500 has come to a major postelection crossroads
All-time highs were made, but not with the broad market participation you want to see The S&P 500 index SPX has remained strong since the U.S. presidential election. The target for this upside move ...
Super Micro's looming deadline fuels fear of delisting. Here's what that means.
Super Micro (SMCI) already delayed its annual filing to review its financial controls. It said in a September filing that it was informed by the Nasdaq COMP that it had 60 calendar days from Sept. 17 ...
Lifeway Foods Gets Higher Acquisition Offer From Danone — Update
Lifeway on Friday said that Danone offered to purchase all of its shares that it didn't already own for approximately $307 million, or $27 apiece, in cash. The company currently owns about 23% of ...
Communications Services Cos Down on Flight From Risk — Communications Services Roundup
Communications services companies slid as traders retreated from risk, spooked by steadily rising Treasury yields. Florida billionaire David Hoffman is seeking to build a newspaper giant on a similar ...
Utilities Up on Defensive Demand — Utilities Roundup
Shares of power producers rose sharply as traders rotated into defensive, dividend-oriented sectors in light of rising Treasury yields and doubts about President-elect Donald Trump's cabinet picks.
Consumer Cos Down as RFK Pick Weighs on Snack Makers — Consumer Roundup
Consumer companies fell amid concerns about President-elect Donald Trump's planned appointments.
Tech Down as Trump Euphoria Wanes — Tech Roundup
Shares of technology companies fell as optimism in the wake of Donald Trump's victory waned.
Financials Up on Interest-Rate Views — Financials Roundup
Shares of banks and other financial institutions rose as traders rotated into sectors that stood to gain from an inflationary environment and elevated interest rates. The yield on the policy-sensitive ...
Sterling Lost 2.35% to $1.2618 — Data Talk
--Up 2.18% from its 52-week low of 1.2349 hit Monday, April 22, 2024 --Year-to-date the British pound is down 0.90% vs the dollar Pfizer, General Motors, and Centene are among those that are still ...
Euro Lost 1.67% to $1.0541 — Data Talk
--Up 0.09% from its 52-week low of 1.0531 hit Thursday, Nov. 14, 2024 Pfizer, General Motors, and Centene are among those that are still cheap despite impressive earnings beats.
Dollar Gains 1.12% to 154.34 Yen — Data Talk
--Up 9.76% from its 52-week low of 140.613 hit Monday, Sept. 16, 2024 Pfizer, General Motors, and Centene are among those that are still cheap despite impressive earnings beats.
WK Kellogg Continues to Milk Cost Savings, Buoying Margins Even as Sales Languish
We believe WK Kellogg is in a fair financial position. As of December 2023, it carried a gross debt/adjusted EBITDA ratio of 3.4 times, which should decline to around 2 times and remain near that ...