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Verizon’s $20B Frontier deal draws criticism: Analysts call it ‘an atrocious idea’
Stock Market

Verizon’s $20B Frontier deal draws criticism: Analysts call it ‘an atrocious idea’

Verizon Communications Inc. (NYSE: VZ) has announced plans to acquire Frontier Communications Parent Inc. (NASDAQ: FYBR) for $20 billion in cash, valuing each Frontier share at $38.50. However, despite the high valuation, Frontier’s stock fell 10% to $35.10 in premarket trading on Thursday. This drop suggests investor concerns that the deal may face regulatory obstacles. […]

  • September 05, 2024 07:30 AM PDT
  • Invezz
TechMediaBreaks – WiSA Technologies Inc. (NASDAQ: WISA) Announces Participation at Three September Conferences
Press Release

TechMediaBreaks – WiSA Technologies Inc. (NASDAQ: WISA) Announces Participation at Three September Conferences

WiSA Technologies (NASDAQ: WISA) is a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems. The company today announced that it will participate in three investor events in September. WiSA management will present and hold one-on-one meetings at the Gateway Conference, the H.C. Wainwright 26th Annual Global Investment Conference, and […]

  • September 05, 2024 07:30 AM PDT
  • Invezz
CSX President and Chief Executive Officer to Address Morgan Stanley Laguna Conference
Market Updates

CSX President and Chief Executive Officer to Address Morgan Stanley Laguna Conference

CSX Logo JACKSONVILLE, Fla., Sept. 05, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) President and Chief Executive Officer, Joe Hinrichs, will address the 12th Annual Morgan Stanley Laguna Conferen...

  • September 05, 2024 07:24 AM PDT
  • EODHD
HitPaw Edimakor Win 3.2.2: Released with AI Vocal and Background Remover!
Press Release

HitPaw Edimakor Win 3.2.2: Released with AI Vocal and Background Remover!

NEW YORK, Aug. 9, 2024 /PRNewswire/ — HitPaw has launched Edimakor Win 3.2.2 with powerful AI features that simplify video editing more than ever before. With the update, users can now take advantage of AI Vocal Remover, AI Background Remover, and AI Beat Marker to easily make their videos look better. The HitPaw spokesperson stated: “We are […]

  • September 05, 2024 07:18 AM PDT
  • Invezz
S&P 500 Earnings and Trump Trade Policies
Press Release

S&P 500 Earnings and Trump Trade Policies

The S&P 500, a key benchmark of U.S. equities, faces significant uncertainty as companies prepare to report their earnings. Analysts and investors are keenly observing how President Trump’s trade policies might affect these earnings. Recent quarters have shown robust growth for many S&P 500 companies, driven by strong consumer spending and tax cuts implemented by […]

  • September 05, 2024 07:14 AM PDT
  • Invezz
Market Slides as Soft Jobs Data Emerge
Press Release

Market Slides as Soft Jobs Data Emerge

The stock market experienced a downturn today as futures for both the Nasdaq and S&P 500 slid following the release of weaker-than-expected jobs market data. This has raised fresh concerns about the health of the U.S. economy and the potential for an economic slowdown. Analysts have been closely watching employment figures as a key indicator […]

  • September 05, 2024 07:14 AM PDT
  • Invezz
Methode Electronics Reports Mixed Quarterly Results
Press Release

Methode Electronics Reports Mixed Quarterly Results

Methode Electronics, Inc. (NYSE:MEI) has recently published its financial results for the latest quarter, showing a mix of both positive and negative outcomes. The company, which specializes in manufacturing custom-engineered and application-specific products and solutions, has navigated through a challenging economic environment. For the quarter, Methode Electronics reported a revenue of $301.2 million, which reflects […]

  • September 05, 2024 07:14 AM PDT
  • Invezz
3M celebrates 10 years of excellence with the 3M Xtract Cubitron II Film Disc 775L
Market Updates

3M celebrates 10 years of excellence with the 3M Xtract Cubitron II Film Disc 775L

ST. PAUL, Minn., Sept. 5, 2024 /PRNewswire/ -- 3M, a global leader in innovative solutions, is proud to announce the 10-year anniversary of the highly acclaimed 3M Xtract™ Cubitron™ II Film Disc 775L....

  • September 05, 2024 07:10 AM PDT
  • EODHD
StoneCo’s stock is crashing today: Here’s why
Market Analysis

StoneCo’s stock is crashing today: Here’s why

StoneCo Ltd (NASDAQ: STNE) witnessed a significant decline in its stock price today, plummeting over 10% after Morgan Stanley downgraded the stock from Equal Weight to Underweight and slashed its price target to $7 from $16.50. This cut implies a potential downside of more than 40% from its current trading levels, reflecting the market’s pessimism […]

  • September 05, 2024 07:06 AM PDT
  • Invezz