In recent trading, shares of Cheniere Energy Partners L P (Symbol: CQP) have crossed above the average analyst 12-month target price of $51.11, changing hands for $52.69/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
In recent trading, shares of Okta Inc (Symbol: OKTA) have crossed above the average analyst 12-month target price of $83.67, changing hands for $84.35/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,
In recent trading, shares of Sprout Social Inc (Symbol: SPT) have crossed above the average analyst 12-month target price of $63.17, changing hands for $63.30/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on val
In recent trading, shares of Main Street Capital Corp (Symbol: MAIN) have crossed above the average analyst 12-month target price of $43.20, changing hands for $43.25/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad
About six months before Credit Suisse was sold to rival UBS in a weekend rescue, the head of the Swiss central bank wanted to inject 50 billion Swiss francs ($57.6 billion) into the lender and nationalise it, according to three sources with direct knowledge of the matter.
International pressure was building over a landmark national security trial in Hong Kong for leading China critic Jimmy Lai, with British authorities calling for consular access to the jailed democrat as his trial entered its second day on Tuesday.
Nippon Steel said on Tuesday its $14.1 billion deal to buy U.S. Steel would help it tap into a new growth market, as concerns over the huge premium the world's fourth largest steelmaker was paying sent its shares down as much as 6%.
India's benchmark Nifty fell on Tuesday, dragged by financials and information technology, while a global rally fuelled by hopes of U.S. interest rate cuts showed signs of slowing down.
China's yuan weakened to a one-week low on Tuesday, as traders saw limited downside for the dollar given strength of the U.S. economy, while confidence in China's economic growth remained fragile.
Sony Group Corp's Indian unit said on Tuesday that it has not yet agreed to prolong a merger deadline with India's Zee Entertainment Enterprises, days after the latter sought an extension.
China stocks were largely flat on Tuesday, as investor sentiment remained muted between economic data and a readout of an agenda-setting meeting of the country's top leaders. Hong Kong stocks fell, dragged by property and tech shares.
The Australian and New Zealand dollars edged higher on Tuesday, helped by selling in the yen after the Bank of Japan held its ultra loose policy steady, although the two were still stuck in familiar ranges, recoiling from resistance.
The disruption to energy flows in the Red Sea is unlikely to have large effects on crude oil and liquefied natural gas (LNG) prices as vessel redirection opportunities imply that production should not be directly affected, Goldman Sachs said.
Bain Capital-backed biofuels refiner EcoCeres has tied up with a waste management firm backed by the Chinese city of Shenzhen to source feedstock, the company said on Tuesday, as it expands production of low-carbon fuels to meet fast-growing demand.
Mexican poultry farmers warned of consequences to international trade on Monday and called on their government to intervene after the U.S. closed two rail bridges in Texas to stem a surge in migration.
Chicago soybean futures edged lower on Tuesday, shedding some of the previous session's gains, on improved weather in top exporter Brazil, although strong demand for U.S. exports curbed losses.
The yen dipped and the Nikkei rose after the Bank of Japan left its guidance and ultra-easy policy unchanged on Tuesday, while oil prices gained on jitters about Red Sea shipping security.
Oil prices were mixed on Tuesday, with the U.S. benchmark dipping while Brent extended gains from the previous session, as attacks by Yemen's Iran-aligned Houthi militants on ships in the Red Sea disrupted maritime trade and forced companies to reroute vessels.
(RTTNews) - Recouping the losses in the previous session, the Australian stock market is notably higher on Tuesday, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 7,400 level, with gains across most sectors, led
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