Bank of America downgrades Dick’s Sporting Goods after worst day on record
The firm cited headwinds and margin pressure ahead for the athletic retail company on the back of its latest quarterly results.
Morgan Stanley double-upgrades this spirits stock as agave headwinds ease
Analyst Eric Serotta double-upgraded shares to overweight from underweight. He also raised his price target to $75 from $66, implying 12% upside.
Goldman Sachs says buy this little-known real estate name with 20% upside
Analyst Caitlin Burrows initiated coverage on the stock with a buy rating. Her price target of $25 implies 22.7% upside from Tuesday’s close.
Deutsche Bank says this financial stock is an even bigger buy after a recent pullback
“We would use the sell off as a buying opportunity and reiterate our Buy rating,” Deutsche Bank said.
10-year Treasury yield falls Wednesday as traders look ahead to Powell’s Jackson Hole speech
U.S. Treasury yields were lower at the long end of the curve as investors assess the outlook for interest rates ahead of the Fed’s Jackson Hole symposium.
A key witness in the Trump classified docs case changed his testimony after switching lawyers, special counsel says
The man identified as “Trump Employee 4” had been represented by Stanley Woodward, who was being paid by the former president’s Save America PAC.
The 10-year Treasury yield hit its highest level since 2007. What it means for stocks
Some on Wall Street expect the 10-year yield can climb further from here.
Tesla engineering executive Colin Campbell joins Redwood Materials as technology chief
More than 120 people who previously worked at Tesla now work for JB Straubel’s recycling venture, Redwood Materials, according to LinkedIn data.
Novavax shares surge after drugmaker says new Covid vaccine was effective against Eris variant
Novavax’s vaccine and new shots from Pfizer and Moderna are expected to roll out in the U.S. within weeks, pending potential approvals from the FDA.
The Maui wildfires are a mass casualty disaster. People are flying in to find their loved ones
Families and friends of the missing are holding out hope nearly two weeks after the wildfires broke out, as teams have now searched more than 85% of the area.
