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Berkshire Hathaway more than doubles Constellation Brands stake

Investing.com -- Berkshire Hathaway has significantly increased its investment in Constellation Brands (NYSE:STZ), more than doubling its stake in the alcoholic beverage company during the first quarter of 2025. According to a regulatory filing released Thursday, Warren Buffett’s conglomerate raised its holdings in Constellation …

EODHD | 17 May 2025

Tesla Adds Chipotle Exec Jack Hartung To Board Amid Musk Pay Battle

Tesla Inc. (NASDAQ:TSLA) disclosed on Friday that it had elected John R. (Jack) Hartung to the Board of Directors and the Audit Committee, effective June 1, 2025. Hartung is the president and chief strategy officer of Chipotle Mexican Grill (NYSE:CMG). He joined the company …

EODHD | 17 May 2025

5 Broker-Loved Stocks to Watch Amid Signs of Easing Trade Woes

The broader U.S. equity markets have been performing well lately, driven by positive updates on the trade front and a cooling inflationary trend. The Federal Reserve’s decision to keep interest rates unchanged in its latest policy meeting and the better-than-expected first-quarter 2025 earnings season …

EODHD | 17 May 2025

Exclusive-Boeing nears deal to avoid guilty plea, prosecution in 737 MAX crashes case, sources say

By Mike Spector, David Shepardson, Allison Lampert and Chris Prentice NEW YORK/WASHINGTON (Reuters) -Boeing has reached a tentative nonprosecution agreement with the U.S. Department of Justice in a fraud case stemming from two fatal 737 MAX plane crashes that killed 346 people, people familiar …

EODHD | 17 May 2025

Michael Burry bets against Nvidia, Chinese stocks via put options

Hedge fund manager — and founder of Scion Asset Management — Michael Burry has bought put options against chipmaker (NVDA) and Chinese web stocks JD.com (JD), Temu parent Baidu (BIDU), and Alibaba (BABA), according to the latest 13F filings. Catalysts host Madison Mills speaks …

EODHD | 17 May 2025

Charter, Cox Merge in Megadeal Amid Escalating War With Wireless

BUSINESS America’s cable giants are being squeezed from all sides. Competition from wireless carriers is surging. Government subsidies are on hold. The onetime fortress of cable TV has all but crumbled. Continue Reading View Comments

EODHD | 17 May 2025

Aris Water Solutions price target lowered to $30 from $35 at Seaport Research

Seaport Research analyst Jeff Cantwell lowered the firm’s price target on Lineage to $30 from $35 and keeps a Buy rating on the shares. The firm is lowering its price target on the stock given its concerns over 2H drilling and completions activity due …

EODHD | 17 May 2025

EnerSys Gears Up to Report Q4 Earnings: Here's What to Expect

EnerSys ENS is scheduled to release fourth-quarter fiscal 2025 (ended March 2025) results on May 21, after market close. The company has an impressive earnings surprise history, the average beat being 2.2%. In the last reported quarter, its earnings of $3.12 per share surpassed …

EODHD | 17 May 2025

Burberry price target lowered to 11 GBp from 13 GBp at Telsey Advisory

Telsey Advisory lowered the firm’s price target on Burberry (BURBY) to 11 GBp from 13 GBp and keeps a Market Perform rating on the shares. The company’s performance remains under pressure as it aims to turn the brand around in a challenging and volatile …

EODHD | 17 May 2025

WMS' Q4 Earnings & Sales Miss Expectations, Margins Down Y/Y

Advanced Drainage Systems, Inc. WMS reported dismal results for the fourth quarter of fiscal 2025. Its adjusted earnings and net sales lagged the Zacks Consensus Estimate and tumbled on a year-over-year basis. The gloomy quarterly performance reflects unfavorable impacts from higher interest rates and …

EODHD | 17 May 2025