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Street View: ASML's outlook turnaround underscores sector growth concerns

BUZZ-Street View: ASML's outlook turnaround underscores sector growth concerns ** Analysts say ASML's ASML.AS 2025 outlook cut will lead to consensus downgrades and casts doubt over sector growth ** The ASML shares fall for a second day straight after it forecast lower than expected 2025 sales and bookings due to sustained weakness in some parts of
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Nasdaq inches up after Raymond James upgrades to 'outperform'

BUZZ-Nasdaq inches up after Raymond James upgrades to 'outperform' ** Shares of exchange operator Nasdaq NDAQ.O rise 0.9% to $72.25 premarket ** Raymond James upgrades NDAQ to "outperform" from "market perform" and assigns PT of $82, a 14.5% upside to stock's last close ** Brokerage says NDAQ has an increasingly attractive financial technology soft
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Florida-based fund managers ride out Hurricane Milton and remain committed to the state

FOCUS-Florida-based fund managers ride out Hurricane Milton and remain committed to the state Florida's financial community committed to Florida, defying hurricanes Fund managers weigh lower taxes against insurance costs and rebuilding Concerns rise over hiring and insurance costs in hurricane-prone Florida Updates with details of Milton making landfall By Suzanne McGee and Svea Herbst-Bayliss Oct 9 (Reuters) - Florida's sun and low taxes enticed many hedge funds and other financial professional
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Florida-based fund managers ride out Hurricane Milton and remain committed to the state

FOCUS-Florida-based fund managers ride out Hurricane Milton and remain committed to the state Florida's financial community committed to Florida, defying hurricanes Fund managers weigh lower taxes against insurance costs and rebuilding Concerns rise over hiring and insurance costs in hurricane-prone Florida Updates with details of Milton making landfall By Suzanne McGee and Svea Herbst-Bayliss Oct 9 (Reuters) - Florida's sun and low taxes enticed many hedge funds and other financial professional
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Florida-based fund managers brace for Hurricane Milton but remain committed to the state

FOCUS-Florida-based fund managers brace for Hurricane Milton but remain committed to the state Florida's financial community committed to Florida, defying hurricanes Fund managers weigh lower taxes against insurance costs and rebuilding Concerns rise over hiring and insurance costs in hurricane-prone Florida By Suzanne McGee, Svea Herbst-Bayliss Oct 9 (Reuters) - Florida's sun and low taxes enticed many hedge funds and other financial professionals to move south.
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Florida-based fund managers brace for Hurricane Milton but remain committed to the state

RPT-FOCUS-Florida-based fund managers brace for Hurricane Milton but remain committed to the state Rerpeats story first published on Wednesday. Florida's financial community committed to Florida, defying hurricanes Fund managers weigh lower taxes against insurance costs and rebuilding Concerns rise over hiring and insurance costs in hurricane-prone Florida By Suzanne McGee, Svea Herbst-Bayliss Oct 9 (Reuters) - Florida's sun and low taxes enticed many hedge funds and other financial professional
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Arcadium Lithium jumps on deal talks with Rio Tinto

BUZZ-Arcadium Lithium jumps on deal talks with Rio Tinto Updates ** Shares of lithium producer Arcadium Lithium ALTM.N jump 41.1% to $4.33 ** Rio Tinto RIO.L is in talks to buy Arcadium, the companies confirmed on Monday ** If completed, Rio will become one of the largest producers of lithium behind Albemarle ALB.N and SQM SQMA.SN ** Brokerage Raym
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Arcadium Lithium climbs on deal talks with Rio Tinto

BUZZ-Arcadium Lithium climbs on deal talks with Rio Tinto ** U.S.-listed shares of Arcadium Lithium ALTM.N jump 28.6% to $3.96 premarket ** Rio Tinto RIO.L is in talks to buy Arcadium, the companies confirmed on Monday ** If completed, Rio would become one of the largest producers of lithium behind Albemarle ALB.N and SQM SQMA.SN ** Brokerage Raymo
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Oil and natgas firm Infinity Natural files for US IPO

UPDATE 1-Oil and natgas firm Infinity Natural files for US IPO Adds comment in paragraphs 8-9 By Niket Nishant Oct 4 (Reuters) - Oil and natural gas developer Infinity Natural Resources is pursuing an initial public offering in the United States after nearly doubling its revenue in the first half of the year, a filing from the company showed on Friday.
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Oil and natgas firm Infinity Natural files for US IPO

Oil and natgas firm Infinity Natural files for US IPO Oct 4 (Reuters) - Oil and natural gas developer Infinity Natural Resources is pursuing an initial public offering in the United States after nearly doubling its revenue in the first half of the year, a filing from the company showed on Friday. Backed by investment firms Pearl Energy Investments and NGP Capital, Infinity will aim to list on the NYSE.
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Canadian Natural Resources, Source Energy Services, Trican Well Service

CANADA RESEARCH ROUNDUP-Canadian Natural Resources, Source Energy Services, Trican Well Service Oct 4 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Canadian Natural Resources, Source Energy Services and Trican Well Service, on Friday. HIGHLIGHTS * Canadian Natural Resources Ltd CNQ.TO : Gerdes Energy Research cuts to neutral from buy * Source Energy Services Ltd SHLE.TO : BMO cuts to market perform from outperform * Tamarack Vall
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Badia Spices to sell majority stake to investors

Badia Spices to sell majority stake to investors By Abigail Summerville NEW YORK, Oct 2 (Reuters) - Family-owned Badia Spices has agreed to sell a majority stake to a group of investors including a Latin American conglomerate's investment arm and the merchant bank BDT & MSD Partners, with three sources saying the deal values the Hispanic food company at around $1.2 billion.
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BCE, South Bow, TCP Energy

CANADA RESEARCH ROUNDUP-BCE, South Bow, TCP Energy Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including BCE, South Bow and TCP Energy on Wednesday. HIGHLIGHTS * BCE Inc BCE.TO : TD Cowen cuts target price to C$50 from C$51 * Capstone Copper Corp CS.TO : Scotiabank raises target price to C$13 from C$12 * South Bow Corp SOBO.TO : CIBC initiates coverage with neutral rating; target price C$31 * TCP Energy Corp TRP.TO : CIBC cuts targ
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U.S. Applied Materials, Lam Research, S&P Global

U.S. RESEARCH ROUNDUP-Applied Materials, Lam Research, S&P Global Oct 2 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Applied Materials, Lam Research and S&P Global, on Wednesday. HIGHLIGHTS * Applied Materials Inc AMAT.O : Berenberg cuts target price to $246 from $250 * Bank of Hawaii Corp BOH.N : KBW raises to market perform from underperform * First Citizens BancShares FCNCA.O : KBW cuts target price to $2200 fr
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Gritstone bio falls after interim results from mid-stage cancer study

BUZZ-Gritstone bio falls after interim results from mid-stage cancer study ** Shares of drug developer Gritstone bio GRTS.O fall 16.2% to 49 cents premarket ** Co on Monday announced interim results from mid-stage study testing its experimental vaccine for colorectal cancer patients ** GRTS said vaccine showed 21% relative risk reduction of disease
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Republican Party's top bank, Chain Bridge, aims for $167 mln valuation in US IPO

UPDATE 3-Republican Party's top bank, Chain Bridge, aims for $167 mln valuation in US IPO Adds analyst comment in paragraphs 9-10 By Niket Nishant and Manya Saini Sept 30 (Reuters) - Chain Bridge Bancorp, a lender popular among Republicans since its inception, is targeting a valuation of up to $167 million in its initial public offering in the United States.
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Healthcare firm Guardian Pharmacy raises $112 mln in US IPO

CORRECTED-UPDATE 2-Healthcare firm Guardian Pharmacy raises $112 mln in US IPO Corrects company valuation in first paragraph to about $852 million from $869.3 million Sept 25 (Reuters) - Guardian Pharmacy, which provides pharmacy services to long-term healthcare facilities, raised $112 million in its U.S. initial public offering on Wednesday, valuing the company at about $852 million.
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PREVIEW: Micron Technology rises ahead of Q4 results

BUZZ-PREVIEW: Micron Technology rises ahead of Q4 results ** Shares of memory chipmaker Micron technology MU.O rise 2.1% to $96.06 ahead of its Q4 results, which are due after market close ** Wall Street expects MU to post quarterly revenue of $7.64 bln vs $4.01 bln reported a year earlier - LSEG data ** Analysts expect company to report adj. EPS o
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PREVIEW: FedEx shares jump with broader market; results due after the bell

BUZZ-PREVIEW: FedEx shares jump with broader market; results due after the bell ** Shares of FedEx Corp FDX.N were up about 2% at $304.21 on Thurs as the broader market rallied, with the package shipping co due to report its quarterly results after the closing bell ** Analysts expect the co's quarterly rev to rise to $21.93 bln vs $21.68 bln in the yr-ago period, and they expect it to post EPS of $4.76/shr vs $4.55 a yr ago, according to LSEG ** The company has beaten analysts' earnings expectat
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FactSet hits 6-month high after strong Q4 results

BUZZ-FactSet hits 6-month high after strong Q4 results ** Shares of business data provider FactSet Research Systems FDS.N rise as much as 4.7%, hitting highest since March 19; last up 2.7% at $459.06 in early trading ** FDS posts Q4 adjusted profit of $3.74/shr, beating Wall Street expectations of $3.62/shr - LSEG ** Q4 revenue rises 4.9% to $562.2
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