News

Lululemon takes battle with Chip Wilson public, calls founder 'misguided' and 'outdated'

Lululemon responded publicly to founder Chip Wilson's campaign in a letter to shareholders, where it urged them to vote in its favor at its annual meeting.

Regeneron drops after skin cancer treatment misses late-stage trial goal

The drugmaker's fianlimab-cemiplimab ⁠combination ‌did not reach statistical ⁠significance in improving progression-free survival (PFS).

EGHT Crosses Above Average Analyst Target

EGHT

In recent trading, shares of 8x8 Inc (Symbol: EGHT) have crossed above the average analyst 12-month target price of $2.25, changing hands for $2.36/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or,

Landstar System Reaches Analyst Target Price

LSTR

In recent trading, shares of Landstar System, Inc. (Symbol: LSTR) have crossed above the average analyst 12-month target price of $175.07, changing hands for $176.04/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade

We Did The Math VUG Can Go To $99

VUG, VEEV, RBLX, LULU

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself.

Nvidia reports earnings this week. Morgan Stanley is getting more bullish on the chipmaker

NVDA, NVDAN, NVDACL, BLSH, NVD, NVDD, 1NVDA, 4NVDA, 0R1I, 918422

The investment bank has an overweight rating on the semiconductor name.

Berkshire has revamped its portfolio — here's how the new stocks are trading

GOOGL, GOOG, BRK.A

Berkshire Hathaway took a $2.6 billion stake in Delta Airlines and increased its shares in Alphabet by 224%.

Trump says he should've asked for 'more' of Intel when negotiating stake with CEO

INTC, INTCN, INTCCL, INL, INLD

The chipmaker's stock has soared since the U.S. equity deal in August gave the government 9.9% of the company.

3 Foreign Bank Stocks to Keep an Eye on Despite Industry Headwinds

BCS, UBS, HSBC

The Zacks Foreign Bank stocks like HSBC, UBS and BCS are expected to gain from restructuring efforts despite fragmented interest rates.

Germany's crisis-hit chemical industry seeks revival

Hit by high energy costs and regulation, Germany's chemical companies are scaling back production at home while expanding abroad. Can the trend be reversed?