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Roth MKM starts Rubrik at Buy; Mizuho downgrades on valuation concerns

Investing.com -- Rubrik Inc (NYSE:RBRK) shares received mixed coverage from Wall Street this week, as Roth MKM initiated the stock with a Buy rating while Mizuho downgraded it to Neutral, citing valuation concerns despite continued confidence in the company’s fundamentals. Roth MKM launched coverage …

EODHD | 16 May 2025

Why Wall Street's biggest bear still expects a recession and much lower stock prices

The new US-China trade thaw hasn't shaken Wall Street's biggest bear. "We continue to see a recession as our base case. Although tariffs have come down, the effective US tariff rate is still the highest since the 1930s. The US economy was also on …

EODHD | 16 May 2025

Cyberattack-hit M&S says food availability improving every day

LONDON (Reuters) -British retailer Marks & Spencer said on Thursday food volumes flowing from its distribution centres to its stores were back to normal levels after product availability was hit by last month's cyberattack. "In chilled areas of our stores, customers can buy what …

EODHD | 16 May 2025

CORRECTION - Mersana Therapeutics Provides Business Update and Announces First Quarter 2025 Financial Results

In a release issued under the same headline earlier today by Mersana Therapeutics, Inc. (NASDAQ: MRSN), please note that there was a transcription error in the last cell of the first table. The Median OS should have been 5.7 months rather than 1.7 months. …

EODHD | 16 May 2025

Boeing (BA) Secures $96B Jet Deal as Trump Makes Aviation Diplomacy Personal

Boeing (BA, Financials) landed a $96 billion order from Qatar Airways during President Donald Trumps trip to the Middle East, giving the struggling jet maker a badly needed lift. Warning! GuruFocus has detected 6 Warning Signs with BA. The deal, signed in Doha, includes …

EODHD | 16 May 2025

TELUS' Workplace Options Buyout to Boost its Share in Digital Health

In a major move to strengthen its position in the global health and well-being sector, TELUS Corporation TU has partnered with GTCR, a prominent private equity firm with deep expertise in healthcare, to support TELUS Health’s acquisition of Workplace Options. This acquisition, valued at …

EODHD | 16 May 2025

Mark Zuckerberg Says 'Apple Hasn't Invented Anything Great Since The iPhone' As Meta Blocks Its AI Tools

Silicon Valley's headline feud just moved from boardrooms to every iPhone screen. As of mid-April, CNET reported that Apple Intelligence—Apple's (NASDAQ:AAPL) new on-device AI suite—no longer works inside Facebook, Instagram, WhatsApp, Threads or Messenger. The silent change traced back to Meta Platforms (NASDAQ:META), which …

EODHD | 16 May 2025

Diageo Canada and Business in the Streets (BITS) expand partnership to empower and fund entrepreneurs across Ontario

Diageo Canada and Business in the StreetsDiageo Canada and Business in the Streets Through this partnership Diageo Canada and BITS have supported over 1,200 entrepreneurs with training and resources in the past three years. The Bold Spirits Awards program has been established to support …

EODHD | 16 May 2025

Carlisle Companies to Acquire Bonded Logic, an Innovative Manufacturer of Sustainable Insulation Products

SCOTTSDALE, Ariz., May 15, 2025--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) today announced that it has entered into a definitive agreement to acquire select assets of Bonded Logic, Inc. and Phoenix Fibers, LLC (collectively as "Bonded Logic"). Bonded Logic is a U.S. manufacturer of sustainable thermal …

EODHD | 16 May 2025

What Analyst Projections for Key Metrics Reveal About Eagle Materials (EXP) Q4 Earnings

Wall Street analysts forecast that Eagle Materials (EXP) will report quarterly earnings of $2.34 per share in its upcoming release, pointing to a year-over-year increase of 4.5%. It is anticipated that revenues will amount to $477.78 million, exhibiting an increase of 0.2% compared to …

EODHD | 16 May 2025