General Mills, Inc. (NYSE:GIS), the maker of Cheerios, Blue Buffalo pet food, and other household staples, reported fiscal 2026 first-quarter results that came in slightly ahead of Wall Street expectations, but shares traded lower after the release. Adjusted earnings per share came in at 86 cents per share, topping analyst estimates of 81 cents per share, while revenue of $4.52 billion edged past projections of $4.51 billion. Reported net sales fell 7% from a year earlier, weighed down by a 4-point drag f ...

Upgrades - Loop Capital upgraded Union Pacific (UNP) to Hold from Sell with a price target of $227, up from $214, noting that the shares are down 5% year-to-date and valuation multiples are modestly above their five-year ranges [2] - BofA upgraded Prologis (PLD) to Buy from Neutral with a price target of $130, up from $118, highlighting improved conversion rates of new lease proposals into signed leases during Q3 compared to Q2, and an optimistic outlook for demand versus supply dynamics through 2026 [3] - Goldman Sachs upgraded Hershey (HSY) to Buy from Sell with a price target of $222, up from $170, citing a compelling risk/reward scenario following multiple guidance reductions over the past year [4] - Arete upgraded Baidu (BIDU) to Buy from Sell with a price target of $143, emphasizing the potential of Baidu's Kunlun chip venture to offset challenges in its online advertising business due to AI chip shortages in China [5] - Citizens JMP upgraded CoreWeave (CRWV) to Outperform from Market Perform with a price target of $180, projecting significant growth for its graphics processing unit-as-a-service business from $3B-$4B to an estimated $300B [4] Downgrades - TD Cowen downgraded Warner Bros. Discovery (WBD) to Hold from Buy with an unchanged price target of $14, expressing concerns about the stock's risk/reward profile following a recent rally and potential bid from Paramount Skydance [6] - Rothschild & Co Redburn downgraded Live Nation (LYV) to Neutral from Buy with a price target of $170, up from $144, indicating that margin expansion will slow from fiscal 2026, limiting upside potential to earnings estimates [6] - Stifel downgraded VF Corp. (VFC) to Hold from Buy with a price target of $16, up from $15, stating that the stock's risk-reward is now balanced after a 12.5% one-month return, despite a strong outcome from the $600M sale of Dickies [6] - JPMorgan downgraded Camp4 Therapeutics (CAMP) to Neutral from Overweight without a price target, noting that while the company has a cash runway into 2027, its lead program is in the early stages [6] - JPMorgan downgraded Neumora Therapeutics (NMRA) to Underweight from Neutral without a price target, citing a failed Phase 3 trial for its navacaprant treatment in major depressive disorder [6]

In conjunction with the definitive proxy filing, Staar (STAA) is mailing the following letter to Staar stockholders: “On August 5, 2025, we announced that STAAR Surgical Company entered into a definitive merger agreement to be acquired by Alcon (ALC) for $28.00 per share in cash. STAAR will hold a virtual Special Meeting of Stockholders on October 23 at 8:30 a.m. to ask for your vote to adopt the merger agreement. The STAAR Board of Directors unanimously determined that the proposed merger with Alcon is in ...

Ahead of the highly anticipated FOMC meeting later today, the total crypto market cap is up a decent 0.5% to over $4.1T. The Bitcoin price is steady above $116,000, and traders are generally upbeat, expecting BTC USD to explode above $118,000 and towards all-time highs set in mid-August. While confidence is high, the pace at which the Bitcoin price will tick higher largely depends on macro factors. This time around, eyes are on Jerome Powell and the FOMC. Besides the rate cut decision, their comments on t ...

Argus keeps a Hold rating on Best Buy (BBY) but notes that the company’s investments in its e-commerce infrastructure and management’s ability to adapt gives the firm confidence in its ability to launch new initiatives. Best Buy also stands to benefit from sales of new computers, tablets, phones, and wearable devices that are more adept in using artificial intelligence products, the analyst tells investors in a research note, adding that the firm would “strongly consider” adding the stock to its Buy list. ...

Nvidia Chief Executive Jensen Huang spoke about the company's uncertain future in China, following reports that the country has blocked the purchase of its artificial intelligence chips. His remarks u... ...

We begin this hour with a leadership shakeup at Bank of America. Brian Moynihan recently naming Dave Athanasiou and Jim Demark as co-presidents. The firm writing in a statement, quote, Athanasiou and Demarr will drive company wide initiatives focused on long term growth and returns and oversee Bank of America's eight lines of business.I'm very pleased to say that. Joining us now is the Bank of America chat CEO Brian Moynihan. Brian, of course, in London, we're here in New York.You're actually in our home an ...

Jim, it's good to see you. Great to see you. Is it Jim or Jim.I'm always confused by Coach Jim. You can call me. Whatever.We can't watch it either, either. There's more than accept. Jimmy, congratulations. Congratulations.Thanks very much. Appreciate it. It's fantastic to get some time with you.I want to shop by talking about markets before we talk about the operating stuff. I've lost count of how many quarters that you've seen growth in the markets unit. What are we on now.13 as of the last of the second q ...

I forlængelse af meddelelse udsendt den 1. september 2025 offentliggøres hermed indkaldelse til ekstraordinær generalforsamling i Investeringsforeningen PortfolioManger. Den ekstraordinære generalforsamling afholdes den 2. oktober 2025. Dagsorden er vedhæftet og kan desuden hentes på foreningens hjemmeside, fundmarket.dk. Såfremt der måtte være spørgsmål i relation hertil, kan de rettes til direktør i foreningens administrationsselskab, Fundmarket A/S, Jan Ahlberg, på tlf. 21273903. Med venlig hilsen Invest ...

This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter. Construction tech solutions that allow builders to either compile data into a singular platform or project it onto a jobsite to ease layout were winners in the latest, $110 million round of venture capital funding. That number doesn’t include the whopping $405 million pulled in by FieldAI in August, a sum that puts the Bill Gates- and Nvidia-backed “robot b ...