Take a look at some of the biggest movers in the premarket: Continental Resources (CLR) – The oil and natural gas producer’s stock rallied 7.4% in the premarket after receiving a $ 70 per share “take private” bid from Chairman Harold Hamm and his family. The company’s board will establish an independent committee to evaluate … Read more
Goldman Sachs says we’re entering a new, “postmodern” investment cycle. Here’s what the bank thinks is in store – and the stocks investors should own to cash in. The emerging cycle – post the Covid pandemic – is likely to be driven by different economic conditions and priorities, leading to new investment opportunities, the bank … Read more
Swedish Match generates most of its profit from Swedish-style smoke-free tobacco snuffs, also known as ‘snus.’ Olivier Morin | Afp | Getty Images Marlboro-maker Philip Morris International confirmed Wednesday a $ 16 billion bid to buy rival Swedish Match as part of its accelerated push into smoke-free tobacco alternatives. Shares of Stockholm-based manufacturer hit a … Read more
The indexes are generally holding Tuesday’s pop, rotating away from danger and for now keeping in place the idea that a "higher low" could be in place.
Altria’s lack of exposure to Russia and strong cash flows make the stock stand out, according to Goldman Sachs.
Two top Wall Street banks – JPMorgan and Morgan Stanley – have named a list of global stocks that could be most impacted by the Russia-Ukraine conflict.
As the Ukraine-Russia conflict nears its second week, Goldman Sachs thinks this scenario can help clients play the market.
A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in midday trading. Bed Bath & Beyond – Shares rose 34% midday on news that GameStop’s Chairman Ryan Cohen had a nearly … Read more
Here are the biggest calls on Wall Street on
Russia and Ukraine are key markets for Philip Morris, according to JPMorgan, and the war is hurting both the country’s economies.