Investing.com -- Moody’s Ratings has downgraded the corporate family rating (CFR) of MaxLinear, Inc. (NASDAQ:MXL) to B3 from B1, while changing the outlook from negative to stable. The downgrade also extends to MaxLinear’s senior secured first lien credit facilities, which include the revolver due in June 2026 and Term Loan B due in June 2028, both of which were downgraded to B3 from B1. The S ...
Investing.com -- Zim Integrated Shipping Services stock is showing a 3.4% increase prior to the market opening, following a report by Street Insider that the company’s management is discussing a potential take-private transaction with advisers.Jefferies analyst Omar Nokta thinks that investors might oppose such a deal at the current stock price. He points out that the shipping company’s cash ...
Investing.com -- Nasdaq Inc., the second-largest exchange operator in the US, intends to offer 24-hour trading on its equities exchange, five days a week. This move is part of a broader industry trend to cater to the increasing global demand for US stocks.The plan for round-the-clock trading is expected to commence in the second half of 2026, according to Nasdaq President Tal Cohen, who shared the ...
Investing.com -- U.S. Commerce Secretary Howard Lutnick has called for a decrease in India’s high tariffs, implying a need for a reevaluation of the "special relationship" between the two countries. Lutnick’s comments were made during a television interview with India Today on Friday.Lutnick also expressed the United States’ interest in establishing a wide-ranging trade deal with India. This ...