February 13, 2025 12:18 pm
The shares of CRISPR Therapeutics AG (NASDAQ: CRSP) rose more than 9% on Wednesday, after analysts at several companies raised their price targets on the CRSP stock. TD Cowen raised its 12-month price target on CRISPR Therapeutics to $35 per share from $30 previously. The firm also upgraded the stock to “Hold” from “Sell”. Truist […]
Read moreFebruary 11, 2025 11:36 am
Manhattan Associates Inc (NASDAQ: MANH) said on Monday that Eddie Capel, current President and CEO, would step down from his position, effective February 12th. He will remain with the company as Executive Vice-Chairman of the Board. Capel is to be succeeded by Eric Clark, who has been CEO of NTT Data North America. Capel became […]
Read moreFebruary 11, 2025 9:48 am
Hyatt Hotels Corp (NYSE: H) said on Monday that it had entered into an agreement to acquire all outstanding shares of Playa Hotels & Resorts N.V. for nearly $2.6 billion ($13.50 per share), including about $900 million of debt, net of cash. At present, Hyatt owns 9.4% of Playa’s outstanding shares. ”Hyatt has firmly established […]
Read moreFebruary 11, 2025 8:06 am
Merck & Company Inc (NYSE: MRK) has been downgraded to “Hold” from “Buy” at TD Cowen, as the firm cited uncertainty surrounding Gardasil sales, a slowdown in business development and the potential loss of exclusivity for cancer drug Keytruda. TD Cowen noted that Merck’s valuation would likely bottom out in 2026, or two years prior […]
Read moreFebruary 10, 2025 12:16 pm
PotlatchDeltic Corp (NASDAQ: PCH) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.45 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on March 31st to shareholders of record as of the close of business on […]
Read moreFebruary 10, 2025 9:23 am
Capital One Financial Corp (NYSE: COF) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.60 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on March 3rd to shareholders of record as of the close of […]
Read moreFebruary 10, 2025 7:45 am
According to a report by Reuters, JPMorgan Chase & Co has appointed Matt Sable and Melissa Smith as co-heads of commercial banking unit. The announcement came after a broader leadership reshuffle in January, where Jennifer Piepszak was appointed as Chief Operating Officer. Sable and Smith will head a commercial banking business, which offers services to […]
Read moreFebruary 9, 2025 11:54 am
The shares of Uber Technologies Inc (NYSE: UBER) surged more than 6% on Friday, after billionaire hedge fund manager Bill Ackman disclosed a stake worth nearly $2.3 billion in the company. Ackman said on social media platform X that he began to acquire a stake in Uber in early January and now owns 30.3 million […]
Read moreFebruary 8, 2025 3:20 pm
Ameren Corp (NYSE: AEE) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.71 per share of common stock. The latter represents an increase of 5.97% compared to the previous quarterly dividend of $0.67 per share. The dividend will be paid on March 31st to shareholders of record as […]
Read moreFebruary 8, 2025 12:53 pm
SolarWinds Corporation (NYSE: SWI) said on Friday that it had entered into a definitive agreement to be bought by Turn/River Capital in an all-cash deal valued at $4.4 billion (or $18.50 per share). ”We have built a great track record of helping customers accelerate business transformations through simple, powerful, secure solutions designed for hybrid and […]
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