Petrobras enters Brazil solar energy segment in deal for 49.99% of Lightsource bp subsidiaries
Reuters· 2025-12-16 23:04
Core Insights - Petrobras, Brazil's state-run oil company, has signed a deal to acquire 49.99% of Lightsource bp's subsidiaries in Brazil [1] Company Summary - Petrobras is expanding its portfolio by acquiring a significant stake in Lightsource bp's subsidiaries, indicating a strategic move towards renewable energy [1] - The acquisition reflects Petrobras's commitment to diversifying its energy sources and investing in sustainable projects [1] Industry Summary - The deal highlights the growing trend of traditional oil companies investing in renewable energy sectors, aligning with global shifts towards sustainability [1] - This acquisition may enhance competition in the renewable energy market in Brazil, as more players enter the space [1]
Micron Q1 Preview: Record Quarter Predicted By Analyst — 'We Recommend Owning The Stock'
Benzinga· 2025-12-16 23:03
Micron Technology Inc (NASDAQ:MU) looks to continue a streak of beating analyst estimates when the company reports first-quarter financial results Wednesday after market close. • Micron Technology stock is showing positive momentum. What’s ahead for MU stock?Here are the earnings estimates, what analysts are saying ahead of the report and the key items to watch.Earnings Estimates: Analysts expect Micron to report first-quarter revenue of $12.81 billion, up from $8.71 billion, according to data from Benzing ...
Warner Bros. Will Reportedly Reject Paramount Offer, Stick With Netflix

Investors· 2025-12-16 23:02
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CORRECTING and REPLACING LibertyStream Announces Closing of Second and Final Tranche of LIFE Offering
Businesswire· 2025-12-16 23:02
DALLAS--(BUSINESS WIRE)--First paragraph, first sentence should read: 1,676,923 Units (instead of 13,701,691 Units). First paragraph, second sentence should read: Pursuant to the Offering, total gross proceeds of $9,999,999.10 were raised through the issuance of an aggregate of 15,384,614 Units. (instead of Total gross proceeds of the Offering were $9,999,999.10.) The updated release reads: LIBERTYSTREAM ANNOUNCES CLOSING OF SECOND AND FINAL TRANCHE OF LIFE OFFERING The net proceeds from the Offering will b ...
Forget Money Markets, Here Is How You Can Earn Massive 11% Yield
Forbes· 2025-12-16 23:01
UKRAINE - 2021/05/08: In this photo illustration, the BWX Technologies logo seen on a smartphone and on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesAt about $174.37 a share, BWX Technologies (BWXT) is trading roughly 19% below its 52-week high as investors digest valuation concerns after a strong run, and weigh near-term uncertainty against long-term nuclear tailwinds. That pullback puts the stock back on the radar for pa ...
Photronics, Inc. 2025 Q4 - Results - Earnings Call Presentation (NASDAQ:PLAB) 2025-12-16
Seeking Alpha· 2025-12-16 23:01
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Fashion Retailer Revolve Expands Affirm's Flexible Payment Options to Canada and UK
PYMNTS.com· 2025-12-16 23:01
Revolve Group, a fashion retailer for millennial and Generation Z consumers, now offers Affirm’s flexible payment options to shoppers in Canada and the United Kingdom.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required ...
Why Gildan Activewear Stock Triumphed on Tuesday
The Motley Fool· 2025-12-16 23:01
One market professional tracking the company believes a new asset will be very synergistic.A robust price target increase from an analyst tracking clothing conglomerate Gildan Activewear (GIL +5.62%) put lots of energy into the stock on Tuesday. Taking a cue from that move, investors pushed into the stock, propelling it to a nearly 6% price gain on the day. More in storeThe analyst behind the move was UBS's Jay Sole. Before the market open, he raised his Gildan price target nearly 38% to $110 per share, fro ...
Western Digital Corporation's Impressive Comeback in the Tech Sector
Financial Modeling Prep· 2025-12-16 23:00
Core Insights - Western Digital Corporation (WDC) has made significant advancements in 2025, particularly focusing on AI-driven technologies and achieving a position in the Nasdaq-100, indicating a strong recovery in the tech sector [1][5] - Cantor Fitzgerald has set a new price target of $250 for WDC, suggesting a potential increase of approximately 43.7% from its current trading price of around $174, reflecting positive investor sentiment [2][5] - WDC's stock has surged by about 195% since the beginning of the year, showcasing strong investor confidence in the company's strategic direction [2][5] Stock Performance - Currently, WDC's stock price is $171.42, with a slight decrease of 0.36% or $0.63, indicating some volatility [3] - The stock has experienced a daily trading range between $170.75 and $177.38, with significant fluctuations over the past year, reaching a high of $188.77 and a low of $28.83 [3] - WDC's market capitalization stands at approximately $59.52 billion, highlighting its substantial presence in the market [4] Trading Activity - The trading volume for WDC is 2,669,491 shares on the NASDAQ exchange, reflecting active investor interest and close monitoring of the company's performance [4]
FLY DEADLINE: Firefly Aerospace Inc. Investors Encouraged to Contact Kirby McInerney LLP Before Looming Deadline in Lawsuit
Globenewswire· 2025-12-16 23:00
NEW YORK, Dec. 16, 2025 (GLOBE NEWSWIRE) -- If you suffered a loss on your investment in Firefly Aerospace Inc. (“Firefly” or the “Company”) (NASDAQ:FLY), contact Lauren Molinaro by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost. Investors have until January 12, 2026 to ask the Court to appoint them as lead plaintiff. [CONTACT THE FIRM IF YOU SUFFERED A LOSS] What Is The Lawsuit About? The laws ...