Avidity (RNA) Moves Date for Shareholder Vote on Novartis Merger
Yahoo Finance· 2026-02-27 21:05
Avidity Biosciences Inc. (NASDAQ:RNA) is one of 15 stocks with the biggest hedge fund momentum, after gaining 28 hedge fund holders during the fourth quarter of 2025. On February 23, Avidity Biosciences Inc. (NASDAQ:RNA) adjourned its special stockholder meeting scheduled for the same day and moved the date to February 26. Avidity Biosciences Inc. (NASDAQ:RNA) said it needs additional time to satisfy conditions for the distribution of all outstanding shares of Atrium Therapeutics Inc. to Avidity stockhol ...
Coherent (COHR) Gets Higher Price Target from Morgan Stanley on Bullish Optical Markets Forecast
Yahoo Finance· 2026-02-27 21:05
Coherent Corp. (NYSE:COHR) is one of 15 stocks with the biggest hedge fund momentum, after gaining 29 hedge fund holders during the fourth quarter of 2025. On February 23, Morgan Stanley analyst Meta Marshall raised the firm’s price target on Coherent Corp. (NYSE:COHR) to $250 from $200, while keeping an Equal Weight rating on the shares. According to the analyst, traditional networks are about to reach their limits, leading to the adoption of new optical technologies that could add $23 billion to the tota ...
Micron (MU) to Spend $200B on New Factories as Memory Chip Demand Explodes
Yahoo Finance· 2026-02-27 21:05
Micron Technology Inc. (NASDAQ:MU) is one of 15 stocks with the biggest hedge fund momentum, after gaining 30 hedge fund holders during the fourth quarter of 2025. On February 16, The Wall Street Journal reported that Micron Technology Inc. (NASDAQ:MU) is spending $200 billion as it rushes to add manufacturing capacity to avert the biggest supply crunch the memory chips industry has seen in more than 40 years. In its headquarters, Micron Technology Inc. (NASDAQ:MU) is spending $50 billion to more than do ...
Exact Sciences (EXAS) Merger with Abbott Moving Forward After Shareholder Approval
Yahoo Finance· 2026-02-27 21:05
Exact Sciences Corp. (NASDAQ:EXAS) is one of 15 stocks with the biggest hedge fund momentum, after gaining 31 hedge fund holders during the fourth quarter of 2025. On February 20, the company announced that its shareholders had approved the proposed merger with Abbott Laboratories. The decision was made at a special meeting held that day. Under the terms of the merger agreement, Abbott Laboratories will acquire Exact Sciences for $105 per share in cash, a transaction valued at approximately $21 billion in ...
Piper Sandler Cautious About Lululemon (LULU) CEO Search
Yahoo Finance· 2026-02-27 21:05
Lululemon Athletica Inc. (NASDAQ:LULU) is one of 15 stocks with the biggest hedge fund momentum, after gaining 35 hedge fund holders during the fourth quarter of 2025. On February 13, Piper Sandler reiterated its Neutral rating and $190.00 price target on Lululemon Athletica Inc. (NASDAQ:LULU), noting significant uncertainty surrounding the company’s CEO search, with potential candidates including Jane Nielsen and Fran Horowitz. The analyst firm also adjusted its fourth-quarter 2025 and fiscal 2026 estim ...
CoreWeave to Participate in Upcoming Morgan Stanley TMT and Cantor Global Technology Investor Conferences
Businesswire· 2026-02-27 21:05
Group 1 - CoreWeave Inc. announced its participation in upcoming investor conferences [1] - Brannin McBee, Co-Founder and Chief Development Officer, will present at the Morgan Stanley TMT Conference on March 4, 2026, at 4:05 p.m. Eastern Time [1] - Nick Robbins, Vice President of Corporate Development and Investor Relations, will also present at a conference on March 10, 2026 [1]
Algoma Central Corporation Announces Agreement to Acquire Lower Lakes Fleet
Businesswire· 2026-02-27 21:05
ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation ("Algoma†or "the Company†) (TSX: ALC), a leading provider of marine transportation services, today announced it has entered into a definitive agreement to acquire Mainstay Maritime Inc.'s ("Mainstay†) three Canadian operating companies and associated fleet of six Canadian-flagged vessels. Mainstay, formerly Rand Logistics, Inc., operates one of the largest Jones Act-compliant fleets serving the Great Lakes, ...
MWC 2026: Amdocs Collaborates with Microsoft to Bring AI-Accelerated Application Modernization to Enterprises
Accessnewswire· 2026-02-27 21:05
Core Insights - Amdocs has announced a collaboration with Microsoft to enhance application modernization solutions using AI technologies [1] - The partnership aims to help enterprises modernize their technology landscape more efficiently and resiliently [1] Group 1: Collaboration Details - The collaboration combines Amdocs' Agentic Services with Microsoft's AI technologies [1] - The goal is to drive measurable business outcomes from business case to execution [1] Group 2: Business Impact - The solutions are designed to transform enterprises into an agent-ready foundation [1] - This initiative is expected to accelerate the modernization process for enterprises at scale [1]
Asana to Present at Upcoming Investor Events
Businesswire· 2026-02-27 21:05
Group 1 - Asana will present at multiple investor events, including the Morgan Stanley Technology, Media & Telecom Conference on March 4, 2026, and the Citizens Technology Conference on March 3, 2026 [1] - The company emphasizes its role as a leading work management platform for human and AI collaboration, serving over 170,000 customers such as Accenture, Amazon, and Suzuki [1] - Asana aims to help organizations manage strategic initiatives and company-wide goals by providing clarity and turning plans into action with AI support [1] Group 2 - Asana is now available in the AWS Middle East (UAE) Region, marking it as one of the first enterprise collaborative work management platforms on AWS Marketplace [1] - The availability in the UAE region is intended to assist regulated and public sector organizations in addressing data residency preferences [1] - Asana will announce its financial results for the fourth quarter and fiscal year 2026 on March 2, 2026, followed by a webcast to discuss these results [1]
RingCentral to Present at Morgan Stanley Investor Conference
Businesswire· 2026-02-27 21:05
Core Viewpoint - RingCentral, Inc. is scheduled to present at the Morgan Stanley Technology, Media & Telecom Conference on March 3, 2026, highlighting its position as a leader in AI-powered business communications [1] Group 1 - The presentation will take place at 10:45 a.m. PT / 1:45 p.m. ET [1] - A live webcast and replay of the presentation will be available on the company's investor relations website [1]