Investing.com -- Goldman Sachs initiated coverage on U.S. auto service providers taking a cautious stance on the sector amid concerns about market saturation and execution risk, while expressing optimism about select long-term growth stories.Valvoline (NYSE:VVV) received a Buy rating with a 12-month price target of $45, implying 31% upside. Goldman called the company a “best-in-class operat ...
Investing.com -- The S&P 500 climbed Tuesday as a surge in semiconductor stocks on AI enthusiasm offset ongoing caution surrounding President Donald Trump’s trade tariffs and the trajectory of the U.S. economy.At 11:43 AM ET, the Dow Jones Industrial Average gained 130 points, or 0.3%, the S&P 500 index gained 0.6%, while the NASDAQ Composite gained 1%.Semiconductor stocks surge on AI en ...
Investing.com - European equity indices gained on Tuesday in cautious trade ahead of the release of the latest inflation data for eurozone, in the run up to the next European Central Bank meeting.The DAX index in Germany climbed 0.6%, the CAC 40 in France gained 0.3% and the FTSE 100 in the U.K. rose 0.1%. Eurozone inflation dueTuesday’s highlight was the release of the flash eurozone infla ...
By Amy-Jo Crowley and Richa Naidu LONDON (Reuters) -Britain’s Reckitt is considering new options to advance a sale of its Essential Home business, home to Air Wick fresheners and Cillit Bang cleaners, after bids came in below expectations, two people with knowledge of the process said. The company still plans to pursue a sale, the people said, who spoke on condition of anonymity because the tal ...