© Reuters WK Kellogg new Sell at Goldman Sachs following spinoff Goldman Sachs initiated coverage on WK Kellogg Co (NYSE:) with a Sell rating and a price target of $11.00 following the completion of Kellogg Company’s (NYSE:) spinoff of its North American cereal business into the WK Kellogg standalone entity.…

© Reuters. Chad Parker, previously an executive at Barclays Plc., has switched over to Jefferies Financial Group Inc. in New York, taking up the role of Global Head of Transportation. This move, announced on Tuesday, continues a trend of high-profile departures from Barclays to Jefferies that has been observed throughout…

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© Reuters. After-hours movers: A10 Networks sinks on warning, Intel gains on spinoff plans After-Hours Stock Movers: A10 Networks (NYSE:) 14% LOWER; expects revenue in the third quarter of 2023 to be between $56.5 million and $58.5M, versus the consensus of $74.65M. Cal-Maine Foods (NASDAQ:) 12% LOWER; Q1 EPS of…

© Reuters. FILE PHOTO: Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves following a hearing at Manhattan federal court in New York City, U.S. January 3, 2023. REUTERS/Andrew Kelly By Hannah Lang (Reuters) – Former FTX chief operating officer…

© Reuters Palantir to secure a £480M controversial contract with UK’s National Health Service Palantir (NYSE:), co-founded by tech billionaire Peter Thiel, is poised to secure a contract to overhaul the UK’s National Health Service (NHS), according to a Bloomberg report. As a result, Palantir shares gained more than 2%…

© Pavlo Gonchar / SOPA Images/Sipa via Reuters Connect Amid a difficult market environment, Anheuser-Busch InBev S.A. ADR’s stock has recorded a second straight day of losses on Tuesday. The stock declined by 0.82% to $52.98, significantly below its 52-week high of $67.09. This downward trend was not exclusive to…

© Reuters. Intel Corp (NASDAQ:). is set to spin off its Programmable Solutions Group (PSG) into a standalone entity, a move designed to fortify its presence in the field-programmable gate array industry. The company’s CEO, Pat Gelsinger, views this as an opportunity for the tech giant to refocus on its…

© Reuters In Tuesday’s trading session, shares of Netflix Inc. (NASDAQ:) took a downturn, declining by 0.94% to $376.75. This downward movement ended a two-day surge in the company’s stock price and left it $108.25 short of the 52-week high that was achieved on July 19, 2023. The trading volume…

© Reuters. United Airlines has announced a significant order for 110 additional Airbus and Boeing (NYSE:) aircraft on Tuesday, as the airline industry experiences a post-Covid travel surge and navigates supply chain disruptions. Andrew Nocella, United’s Chief Commercial Officer, made the announcement, which includes 60 Airbus A321neos and 50 more…