Energy & Utilities Roundup: Market Talk
Find insight on oil prices, Tullow Oil, Shell and more in the latest Market Talks covering energy and utilities.
IBM stock rockets to new all-time high on AI bookings
Evercore raised its price tag on IBM stock from $240 to $275, retaining its Outperform rating. Software, however, appears to ...
Warren Buffett’s 10 Longest-Held Stocks
Known as the Oracle of Omaha, Warren Buffett will undoubtedly go down as one of the greatest and most prosperous value investors in history.
Shell raises shareholder dividend despite 16% profit drop; shares rise
The oil major also announced a $3.5 billion share buyback for the current quarter, making this the 13th consecutive quarter of at least $3 billion of share repurchases ...
Buyout firm NGP seeks $2 billion sale of gas producer Camino, sources say
Private equity firm NGP Energy Capital Management is exploring a sale of natural gas producer Camino Natural Resources, which may achieve a valuation of around $2 billion including debt, sources ...
Meta Platforms price target raised to $800 from $700 at RBC Capital
RBC Capital analyst Brad Erickson raised the firm’s price target on Meta Platforms (META) to $800 from $700 and keeps an Outperform rating on ...
IBM price target raised to $276 from $250 at RBC Capital
RBC Capital analyst Matthew Swanson raised the firm’s price target on IBM (IBM) to $276 from $250 and keeps an Outperform rating on the shares.
What Microsoft results mean for Alphabet and Amazon.com
Microsoft's disappointing Azure numbers are "neutral to modestly negative" for rivals Amazon.com and Alphabet, according to RBC Capital Markets analyst Brad Erickson. Alphabet stock rose 1% while ...
Biggest of the Big Six: How RBC opened a $100-billion market-cap gap over its bank rivals
J.M. Smucker Co. chief executive Mark Smucker leaned on close advisers when he made the decision to bolster the jelly and coffee company through a US$5.6-billion acquisition in 2023 of Hostess Brands ...
Market movers: Stocks seeing action on Thursday - and why
U.S.-listed shares of Shell (SHEL-N) rose after it reported a 16-per-cent drop in profit for 2024 on Thursday amid weakness in oil and gas prices and in demand, but raised its dividend by 4 per cent.
RBC lifts Meta Platforms stock target to $800 on AI prospects
RBC Capital Markets adjusted its outlook on Meta Platforms Inc. (NASDAQ: NASDAQ:META), increasing the price target to $800 from the previous $700 while maintaining an Outperform rating on the stock.
JPMorgan Chase & Co. (NYSE:JPM) Shares Sold by Geneos Wealth Management Inc.
Geneos Wealth Management Inc. cut its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 1.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 57,993 ...