The fresh capital is expected to help the data-center and AI cloud-computing company grow.
We Don't See Enough Brand Strength for Smucker to Reach High-Single-Digit Adjusted EPS Growth Target
Smucker has the leading brand in some categories, especially its Uncrustables brand, but we don’t think it enjoys enough pricing power or entrenched retailer relationships to create an economic moat.
Oil futures on Thursday found modest support after the Organization of the Petroleum Exporting Countries and its allies confirmed that they will extend voluntary production cuts to the end of the ...
Score, a dating app designed for people with good to excellent credit scores, quietly shuttered last month. It came and went without much fanfare. It didn't make a splash like Tinder, even though 70% ...
Regeneron Pharmaceuticals, Inc. (REGN) is currently at $1152.64, down $26.73 or 2.27% --Would be lowest close since Aug. 12, 2024, when it closed at $1121.09 --On pace for largest percent decrease ...
BBVA has been working on a hostile takeover of Sabadell. The Spanish bank approached Sabadell shareholders directly in May with an offer after the smaller bank's board had previously rejected an ...
"If Friday's labor report shows weak payroll growth or a rise in the unemployment rate, markets may fully price in a 50-basis-point cut," said Brian Rose, senior U.S. economist at UBS Global Wealth ...
OTTAWA--The leader of Canada's New Democrats conceded that scrapping a deal to support the government of Prime Minister Justin Trudeau means a federal election is now more likely but wouldn't say if ...
Commercial crude oil stocks excluding the Strategic Petroleum Reserve decreased by 6.9 million barrels to 418.3 million barrels in the week ended Aug. 30 and were about 5% below the five-year average ...
The U.S. initial public offering market could see 30 to 50 more deals before year-end to raise about $10 billion, but the floodgates are unlikely to fully open before 2025, given recent market ...
In our discounted cash flow valuation, we use a 5.9% cost of capital based on a 7.5% cost of equity. This is lower than the 9% rate of return we expect investors will demand for a diversified equity ...
Bavarian Nordic A/S posted the largest decline among large stocks during the session, falling 8.7%, followed by Kaldvik A/S shares, which declined 7.1%. Shares of Odfjell S.E. Series B declined 5.8%.
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