Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
ollo/iStock Unreleased via Getty Images Commerzbank ( CRZBF ) ( CRZBY ) said it sees no basis for a mutually agreed value-accretive transaction after interactions with UniCredit ( UNCFF ) ( UNCRY ). The Italian banking group had said on March 16 that it launched an offer to raise its stake in Commerzbank to above 30%, offering 0.485 UniCredit shares in exchange for each Commerzbank share. The tran...
ollo/iStock Unreleased via Getty Images Commerzbank ( CRZBF ) ( CRZBY ) said it sees no basis for a mutually agreed value-accretive transaction after interactions with UniCredit ( UNCFF ) ( UNCRY ). The Italian banking group had said on March 16 that it launched an offer to raise its stake in Commerzbank to above 30%, offering 0.485 UniCredit shares in exchange for each Commerzbank share. The transaction valued the German lender at about €30.80 apiece. Recently, several interactions have taken place with UniCredit to explore the basis and benefits of the takeover offer, said the German bank in a statement released on Tuesday. The proposed transaction does not demonstrate sufficient value creation potential for Commerzbank’s shareholders beyond the current standalone strategy and its planning horizon, according to the release. Furthermore, UniCredit has repeatedly confirmed that it does not see any room for a necessary market-standard premium or an improvement of the terms of its public takeover offer, according to Commerzbank. Additionally, the bank said UniCredit's "actions and announcements to date have been repeatedly made without prior coordination", and the "approach makes it difficult to build the mutual trust necessary for a successful transaction". Commerzbank is set to announce increased financial targets and further details of its strategy update, along with the publication of its quarterly results on May 8. More on Commerzbank AG, UniCredit S.p.A. Commerzbank AG (CRZBY) M&A Call Transcript UniCredit S.p.A. (UNCRY) Presents at European Financials Conference 2026 Transcript Commerzbank AG (CRZBY) Presents at European Financials Conference 2026 Transcript Deutsche Bank, RBC participate in financing for Eat Happy-Hana Group deal - report Commerzbank rejects UniCredit’s unsolicited takeover attempt: report
United Parcel Service (NYSE:UPS) stock is facing fresh pressure today after Bank of America trimmed its price target on the shares. BofA lowered its target on UPS stock to $105 from $112 while keeping a Neutral rating. The catalyst: UPS agreed to settlement terms with the International Brotherhood of Teamsters to limit its Driver Choice ... UPS Price Target Trimmed to $105 by BofA as Teamsters Set...
United Parcel Service (NYSE:UPS) stock is facing fresh pressure today after Bank of America trimmed its price target on the shares. BofA lowered its target on UPS stock to $105 from $112 while keeping a Neutral rating. The catalyst: UPS agreed to settlement terms with the International Brotherhood of Teamsters to limit its Driver Choice ... UPS Price Target Trimmed to $105 by BofA as Teamsters Settlement Tightens the Road to Margin Recovery
IherPhoto Global markets are “completely wrong” for pricing out heightened escalation with Iran, according to John Sfakianakis, chief economist and head of research at the Gulf Research Center. In an interview with CNBC, the senior scholar warned that a ground invasion is now “very definitely” possible. He pointed to failed negotiations and an escalating military buildup as signs that conflict is ...
IherPhoto Global markets are “completely wrong” for pricing out heightened escalation with Iran, according to John Sfakianakis, chief economist and head of research at the Gulf Research Center. In an interview with CNBC, the senior scholar warned that a ground invasion is now “very definitely” possible. He pointed to failed negotiations and an escalating military buildup as signs that conflict is far more likely than current market pricing suggests. Sfakianakis cited specific military indicators that point toward confrontation rather than de-escalation, including the deployment of additional troops and a third aircraft carrier arriving in April. “Everything is pointing towards that direction,” he said, noting that as “negotiations are proving to be null and void,” the trajectory toward conflict becomes increasingly clear. The disconnect between market pricing and on-the-ground reality is particularly stark in oil markets, where Sfakianakis described the current repricing as “baffling.” While Western benchmarks suggest traders expect no war, Asian oil is already trading at $150 to $160 a barrel, with significant mispricing occurring between WTI ( CL1:COM ), Brent ( CO1:COM ), and regional crudes like Arabian Light and Dubai benchmarks. Looking ahead, Sfakianakis predicted oil could easily surpass $200 per barrel as the situation escalates toward “an actual confrontation, on-the-ground confrontation with the U.S. and Iran.” He described the current environment as a “new paradigm shift,” noting that the geopolitical risk premium for the Strait of Hormuz—largely ignored for the past decade—is now returning with force. “I think it’s very likely we’re going to see oil at 200 and above,” he stated. The analyst also highlighted looming supply problems that could exacerbate the crisis, including shortages of jet fuel, naphtha, and natural gas in Asian markets. India faces a particular crisis with LPG supplies, and as regional stocks deplete over the coming months, Sfakianaki...
Goldman Sachs and Wells Fargo are turning more constructive on beaten-down technology stocks, arguing that a recent pullback has created a rare entry point for investors. S & P 500 Index Information Technology shares have lagged the broader market with a 7% year-to-date loss as investors questioned whether heavy AI-related capital spending will translate into sustained profits. But both Wall Stree...
Goldman Sachs and Wells Fargo are turning more constructive on beaten-down technology stocks, arguing that a recent pullback has created a rare entry point for investors. S & P 500 Index Information Technology shares have lagged the broader market with a 7% year-to-date loss as investors questioned whether heavy AI-related capital spending will translate into sustained profits. But both Wall Street firms said that weakness has pushed valuations to unusually attractive levels. .GSPT YTD mountain S & P 500 info tech sector year to date Wells Fargo strategists upgraded the S & P 500's technology sector to favorable from neutral, pointing to strong fundamentals and easing valuation pressures after the recent drawdown. The bank said pessimism around the group appears overdone, with earnings growth still running at a double-digit pace and balance sheets remaining relatively strong. "Corporate AI technology spending appears to have enough momentum to reach $650 billion this year. And questions about AI adoption are reasonable but we do not expect entire industries to disappear, nor for large unemployment," Wells said in a note to clients. Goldman struck a similar tone, highlighting that the sector's valuation relative to expected growth has fallen below that of the broader global market — a rare occurrence for a group that typically trades at a premium. "These factors have opened up an opportunity in the technology sector where growth rates remain strong, but valuations are now low. In the US, the valuation premium of the technology Hyperscalers has fallen to close to the same as the rest of the market," Goldman said in a note to clients. Goldman noted even on a backward-looking basis, valuation metrics have sunk to levels last seen in the aftermath of the early-2000s tech bust. The more bullish stance comes at a time when geopolitical risks and questions about AI's broader economic impact have rattled markets, contributing to the sector's recent underperformance. Still, s...
(RTTNews) - Largely reflecting a steep drop in aircraft orders, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured durable goods slumped by much more than expected in the month of February.
(RTTNews) - Largely reflecting a steep drop in aircraft orders, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured durable goods slumped by much more than expected in the month of February.
Analysis shows they are reliant on market investors such as hedge funds, which contributed $4tn last year Business live – latest updates Emerging economies are at greater risk of higher interest rates and currency shocks as a result of the Iran war because of increased reliance on market investors such as hedge funds, the International Monetary Fund has warned. The IMF’s analysis shows that a cumu...
Analysis shows they are reliant on market investors such as hedge funds, which contributed $4tn last year Business live – latest updates Emerging economies are at greater risk of higher interest rates and currency shocks as a result of the Iran war because of increased reliance on market investors such as hedge funds, the International Monetary Fund has warned. The IMF’s analysis shows that a cumulative $4tn flowed into emerging markets last year from outside the formal banking sector – including from hedge funds and investment funds. Continue reading...
From bouclé and bomber to quilted, suede and multiwear, our jacket edit will lift the mood – and have you ready for the most changeable of seasons • The best women’s spring wardrobe updates for under £100 Spring is the most confusing season when it comes to fashion. Mornings can be grey and drizzly, but come the afternoon, the sun may be shining like it’s August. A trusty spring jacket will help y...
From bouclé and bomber to quilted, suede and multiwear, our jacket edit will lift the mood – and have you ready for the most changeable of seasons • The best women’s spring wardrobe updates for under £100 Spring is the most confusing season when it comes to fashion. Mornings can be grey and drizzly, but come the afternoon, the sun may be shining like it’s August. A trusty spring jacket will help you navigate the forecast and the transition into the warmer months. The perfect spring jacket is lighter in weight and often softer in colour than a winter one. Taking inspiration from the flowers, greenery and lush landscapes these months bring is a great way to add joy to your everyday. A pastel-coloured jacket can instantly make your outfit feel more seasonally appropriate, too. Leaving behind the warm embrace of your puffer isn’t easy, and I love a classic black coat, but neither seems fitting on a bright April morning. Continue reading...