“Our clients are focused on reinvention,” CEO Julie Sweet said Thursday, during the company’s Q1 2025 earnings call.

Investing.com -- Bank of America (BofA) downgraded Micron Technology (NASDAQ:MU) shares to Neutral from Buy, citing a weaker-than-expected gross margin (GM) outlook for the second and third fiscal quarters.

Shares of Tripadvisor (NASDAQ:TRIP) jumped more than 8% in pre-market trading on Thursday after the online travel agency said it would buy Liberty TripAdvisor Holdings (OTC:LTRPA), Inc. (OTC:LTRPB) in a deal valued at about $435 million. This transaction, expected to close in the second quarter of 2025, aims to simplify Tripadvisor's capital structure and reduce its outstanding share count. Under the terms of the deal, Tripadvisor will acquire all of Liberty TripAdvisor's outstanding shares, which include Series A and Series B common stock.

COLUMBIA, Md., December 19, 2024--BigBear.ai Holdings, Inc. (NYSE: BBAI) ("BigBear.ai" or the "Company") today announced that, on December 19, 2024, it has entered into separate, privately negotiated exchange agreements (the "Exchange Agreements") with a limited number of holders of its 6.00% convertible senior notes due 2026 (the "Existing Convertible Notes"). Pursuant to such Exchange Agreements, BigBear.ai will exchange (the "Exchange Transactions") approximately $182.3 million in aggregate p

European indexes were falling on Thursday as the Federal Reserve's hawkish outlook caused investors to fret there could be fewer interest-rate cuts coming. The mini-recovery came after the Bank of England stuck to the script by holding interest rates at their current level, but three out of nine members of its monetary policy committee voted in favor of a quarter-point cut. Sweden's Riksbank and Norway's Norges Bank were also giving European investors food for thought.

Truist lowered the firm’s price target on Medtronic (MDT) to $89 from $93 and keeps a Hold rating on the shares as part of a broader research note previewing 2025 in Medical Technology. The firm sees the sector as “one of the better/safer houses” in healthcare given its lower “front-line” exposure to healthcare policy rhetoric that is tied to the administration change as well as its position as an “innovation segment” with sustainable above-average revenue and EPS growth, strong balance sheets,

HoliBlaze Ticket Promotion Now Available for the February 22nd SweetWater Anniversary PartyATLANTA, Dec. 19, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company ( “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY and TSX: TLRY) celebrates its 28th year with legendary electronic jam band STS9 which will headline SweetWater’s Anniversary Party at its Atlanta brewery on Saturday, February 22. Founded in 1997, S

Announces preliminary Phase 1 data for XTX301, a tumor-activated IL-12, demonstrating an improved tolerability profile over historical data for rhIL-12, with no dose-limiting toxicities Completed additional private placement with Gilead for purchase of remaining equity investment in connection with XTX301 partnership WALTHAM, Mass., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Xilio Therapeutics, Inc. (Nasdaq: XLO), a clinical-stage biotechnology company discovering and developing tumor-activated immuno-on

Morgan Stanley analyst James Faucette raised the firm’s price target on Visa (V) to $371 from $326 and keeps an Overweight rating on the shares of what is now the firm’s top payments and processing pick into 2025. The firm cites an “attractive valuation,” benefits from travel and value added services, easing regulatory scrutiny, and favorable tactical trading dynamics for its view on Visa. More broadly for the group, the firm says its Attractive industry view are based on improving investor sent

Morgan Stanley analyst James Faucette raised the firm’s price target on MasterCard (MA) to $654 from $564 and keeps an Overweight rating on the shares. The firm says in a 2025 outlook note that its Attractive payments and processing industry view are based on improving investor sentiment, young consumer preferences, a call for accelerated investment in competitive strengths, more M&A, and easing regulatory scrutiny. Published first on TheFly – the ultimate source for real-time, market-moving bre