Tag: Stock
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WSJ News Exclusive | Cigna Calls Off Humana Pursuit, Plans Big Stock Buyback
Updated Dec. 10, 2023 12:38 pm ET Cigna abandoned its pursuit of a tie-up with Humana that would have created a roughly $140 billion giant in the health-insurance industry. The companies couldn’t come to agreement on price and other financial terms, according to people familiar with the matter. In the near term, Cigna is turning…
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Atkore Stock: Deep Dive Into Management, Growth Strategies, Valuation Concerns (NYSE:ATKR)
Toa55/iStock via Getty Images Atkore Inc. operates within the electrical raceway market, offering a diverse product line to a broad customer base, including global electrical distributors, independent electrical distributors, and big-box retailers. While the company enjoys strong partnerships and actively supports alternative energy OEMs, several key factors raise concerns. Management, under the guidance of President…
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Jim Cramer's top 10 things to watch in the stock market Friday
1. U.S. stocks are lower in midmorning trading, with S&P 500 futures down 0.3% and on track to break a five-week winning streak. But the Nasdaq Composite, down 0.55% in early trading, looks set to post a sixth-consecutive week of gains. Bond yields tick up slightly, with that of the 10-year Treasury hovering just below…
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Mid-Cap Stock Diversification For The Market Environment Ahead
tadamichi By Dina Ting, CFA, Head of Global Index Portfolio Management Whether you’re still on the lookout for inflation head fakes or feeling more optimistic about a soft landing for the US economy, we think it’s a good time to re-evaluate portfolio allocations to the often-forgotten mid-capitalization (mid-cap) market segment. More established and less risky…
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MLB trade grades: Taking stock of the Yankees-Padres Juan Soto megadeal
By Tim Britton, Grant Brisbee and Stephen J. Nesbitt The trade Yankees get: Juan Soto, OF, Trent Grisham, OF Padres get: Michael King, RHP; Drew Thorpe, RHP; Jhony Brito, RHP; Randy Vásquez, RHP; and Kyle Higashioka, C Tim Britton: Every team would get better if it added Juan Soto. But maybe no team needed Soto more…
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Tata Power surges 9% to record high after JM Financial upgrades stock, raises target price
Tata Power’s earnings will be buoyed by an expanding asset base and an enhanced margin profile: JM Financial Shares of Tata Power soared around 9 percent on December 7 to hit a fresh record high after brokerage firm JM Financial upgraded the stock to ‘buy’ rating from hold earlier. The brokerage also raised its price…
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On Holding Stock: Significant Challenges Ahead, Price Correction Likely
Editor’s note: Seeking Alpha is proud to welcome HM Capital as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Midnight Studio/iStock via Getty Images Summary We believe that…
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Essex Property Trust Stock: Still Has Potential (NYSE:ESS)
halbergman/E+ via Getty Images Today I want to take a look at a residential REIT Essex Property Trust (NYSE:ESS). The last time I covered the stock was at the end of July using their Q2 2023 results. I issued a buy rating because I believe that the California exposure of the company, while really heavy,…