The stock market on Friday has experienced notable fluctuations, with some stocks making significant moves both upwards and downwards, largely influenced by the latest earnings reports and market news. Among the mega-cap and large-cap categories, stocks like Intuit (NASDAQ:INTU) are seeing a surge, while Deckers Outdoor Corp (NYSE:DECK) is witnessing a steep decline. Here are some of the key s ...
Investing.com -- Citi initiated coverage on U.S. food distributors, calling the group a “relatively safe haven for macro and tariff concerns” and issuing Buy ratings on Performance Food Group (NYSE:PFGC) and US Foods. Sysco (NYSE:SYY) received a Neutral rating.In its note, Citi cited several favorable industry dynamics, including “restaurant wallet share as a likely buffer to macro risk ...
By Valentina Za and Tommy Reggiori Wilkes MILAN/LONDON (Reuters) -Rome’s determination to have a say in the reshaping of Italy’s financial sector has made things increasingly unpredictable for investors who have waited years for consolidation of the country’s fragmented banking landscape. UniCredit and its CEO Andrea Orcel are locked in a standoff with the Italian government over the bank’ ...
Investing.com -- Shares of Douglas Elliman Inc. (NYSE:DOUG) surged 26.2% following a Bloomberg report that the real estate brokerage, which has been grappling with legal challenges from lawsuits involving two former top agents, received a merger proposal from Anywhere Real Estate Inc. (NYSE:HOUS), potentially valuing the company at roughly double its current stock price.The report, citing source ...