Companies forced to weigh in on privacy, health care

Pro-choice activists are seen outside the US Supreme Court in Washington, DC on June 15, 2022. Mandel Ngan | AFP | Getty Images The challenges posed by the end of Roe v. Wade are only just beginning for corporate America. By overturning the abortion precedent Friday, the U.S. Supreme Court set off a series of … Read more

Apple, Palantir, Exxon, Schwab, Micron

Here are Tuesday’s biggest calls on Wall Street: Morgan Stanley downgrades Adobe to equal weight from overweight Morgan Stanley said it sees slowing earnings per share growth for Adobe. “Beyond Seasonality – Expecting Structurally Slower EPS Growth Ahead; Downgrade to Equal-weight.” UBS downgrades Boston Beer, Keurig Dr. Pepper and Molson Coors to neutral from buy … Read more

These are the most oversold stocks in the S&P 500 due for a bounce

Certain stocks have become so oversold during this brutal bear market that they are long overdue to bounce. With stocks on Tuesday snapping back a bit after weeks of big losses, CNBC Pro set to find the stocks most overdue for a rebound. We looked for the shares trading the farthest from their average price … Read more

Spirit Airlines, Didi Global and more

Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit jumped 6.1% in the premarket after JetBlue (JBLU) sweetened its bid for Spirit. JetBlue will increase its breakup fee for the deal to $ 350 million and pay part of that as a dividend if the deal is … Read more

These ‘quality cyclical’ stocks have sold off too much and are due for a bounce, UBS says

The S&P 500 came off its lows for the year after last week’s big bounce, and UBS has highlighted several stocks that could be good to own as the market continues to recover. On Tuesday, the broad-market index traded near flat in the afternoon. Investors are uncertain of the rally’s sustainability as signs of peaking … Read more

Cisco, Kohl’s, CSX and more

Cisco logo exhibited during the Mobile World Congress, on February 28, 2019 in Barcelona, ​​Spain. NurPhoto | Getty Images Check out the companies making headlines in midday trading Thursday. Harley-Davidson – Shares of the motorcycle maker fell more than 8% after the company said it’s suspending most vehicle assembly and shipment for two weeks due … Read more

Apple, Tesla, CSX, Under Armour, Target

Here are Thursday’s biggest calls on Wall Street: Stifel downgrades Target to hold from buy Stifel downgraded the big box retailer after its disappointing earnings report on Wednesday. “We downgrade shares of Target to Hold and reduce our 2022-2023 EPS estimates meaningfully and our price target to $ 185, 14x 2023E EPS reflecting limited near-term … Read more

Kohl’s, BJ’s Wholesale, Spirit and more

Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s reported adjusted quarterly earnings of 11 cents per share, well short of the 70-cent consensus estimate. Revenue was better than expected, but the retailer noted a tough sales environment as well as higher costs. Kohl’s shares fell 3.3% in premarket trading. BJ’s … Read more

Morgan Stanley downgrades Under Armour after CEO departure, says confidence in turnaround is waning

A leadership change at Under Armor is another blow to investors hoping for a turnaround, according to Morgan Stanley. CEO Patrik Frisk announced Wednesday that he will be stepping down, effective June 1. Shares were down 5% in premarket trading. Morgan Stanley analyst Kimberly Greenberger responded by downgrading Under Armor to equal weight from overweight, … Read more

Under Armour CEO Patrik Frisk to step down, interim chief will take over June 1

Patrik Frisk, recently appointed Chief Executive Officer of Under Armor, speaks at the 2020 Under Armor Human Performance Summit on January 14, 2020 in Baltimore, Maryland. Olivier Douliery | AFP | Getty Images Under Armor said its president and chief executive officer, Patrik Frisk, will be stepping down, effective June 1, as the sportswear retailer … Read more