Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv British Airways owner IAG beats annual profit estimates February 27, 20267:09 AM UTCUpdated ago By Reuters A scale model of an aircraft with British Airways livery is seen at the British Airways headquarters and IAG head office in Harmondsworth, London, Britain, March 13, 2025. REUTERS/Toby... Purchase Licensing Rights, opens new tab Read more Feb 26 (Reuters) - British Airways owner IAG (ICAG ...

Yahoo Finance reported that JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon warned on February 23 that the financial environment feels similar to the years before the global financial crisis.Speaking at the company’s annual investor day in New York, Dimon said: “Unfortunately, we did see this in ’05, ’06, ’07, almost the same thing. The rising tide lifting all boats, everyone was making a lot of money, people leveraging to the hilt. The sky was the limit.”These comments by Dimon come during a volatile time ...

Group 1 - UBS has one item remaining in the migration of former Credit Suisse clients onto UBS's system [1]

Exelon Corporation (NASDAQ:EXC) is among the 15 Best Electric Utility Stocks to Invest In Now. Morgan Stanley Keeps an Equal Weight Rating on Exelon Corporation (EXC) Exelon Corporation (NASDAQ:EXC) is among the Best Utility Stocks.   On February 20, 2026, Morgan Stanley boosted Exelon Corporation (NASDAQ:EXC)’s price objective to $54 from $51, maintaining an Equal Weight rating. The firm increased its price predictions for North American Regulated and Diversified Utilities and IPPs. Morgan Stanley note ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A WallStreetBets trader drew attention after posting a screenshot showing a massive win on gold-linked options, turning low-cost calls on the SPDR Gold Shares ETF (NYSE:GLD) into more than $51,000. The position, which the trader called "Getting My Shiny Rocks Off," shows 40 call contracts purchased at an average cost of $4.01 and later valued at $13.51, producing a gain of more than $35,000, or roughly 220 ...

A WallStreetBets trader drew attention after posting a screenshot showing a massive win on gold-linked options, turning low-cost calls on the SPDR Gold Shares ETF (NYSE:GLD) into more than $51,000.The position, which the trader called "Getting My Shiny Rocks Off," shows 40 call contracts purchased at an average cost of $4.01 and later valued at $13.51, producing a gain of more than $35,000, or roughly 220%.In the comments, one user summed up the bullish mood, saying, "Anyone not buying and holding gold thro ...

Core Viewpoint - International Business Machines Corporation (IBM) is facing significant challenges due to advancements in AI technology that could impact its legacy systems and business model, particularly in relation to COBOL programming [3][4][6]. Group 1: Stock Performance and Analyst Ratings - UBS upgraded IBM from Sell to Neutral with a price target of $236, indicating a more balanced outlook following recent stock volatility [2]. - On February 23, IBM shares experienced a notable decline of approximately 13.2%, closing at $223.35, primarily due to concerns raised by Anthropic's announcement of its Claude Code AI tool [3]. Group 2: Impact of AI on Legacy Systems - IBM has historically supported COBOL-based systems, which are critical for various operations such as banking and retail [4]. - The introduction of AI tools like Anthropic's Claude Code can automate the modernization of COBOL code, which has traditionally been a complex and costly process [5]. - The decline in the number of COBOL programmers has made AI tools increasingly valuable, as they can expedite the analysis and updating of large codebases [5]. Group 3: Broader Industry Concerns - The developments surrounding AI have raised broader concerns among investors regarding its potential impact on established technology companies, including IBM [6]. - IBM operates in the hybrid cloud, AI, and consulting sectors, with its business divided into four main segments: Software, Consulting, Infrastructure, and Financing [6].

FactSet Research Systems Inc. (NYSE:FDS) is included among the 13 Most Promising Long-Term Stocks to Buy According to Hedge Funds. FactSet (FDS) Faces Price Target Cut from Barclays on Market Data Industry Concerns Photo by Jp Valery on Unsplash On February 23, Barclays lowered its price recommendation on FactSet Research Systems Inc. (NYSE:FDS) to $210 from $300. The firm maintained an Underweight rating on the shares. In its research note, Barclays said AI has “exacerbated investor concerns around wha ...

NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive (NYSE:CL) Chief Investor Relations Officer and EVP, M&A, John Faucher, will participate in a fireside chat at the UBS Global Consumer and Retail Conference on Wednesday, March 11, 2026 at 2:00 p.m. ET. Investors may access a live webcast of this fireside chat on Colgate's website at www.colgatepalmolive.com. For those unable to participate during the live webcast, a recorded version of the webcast will be made available through the 'Investor Cent. ...

John David Escobar/iStock via Getty Images Listen below or on the go via Apple Podcasts and Spotify UBS hikes worst-case private credit default view to 15% on AI fears. (00:14) AMC Entertainment (AMC) flags opportunity to close underperforming theaters amid attendance, screen declines. (01:30) Trump orders tech giants to power their own AI data centers under ‘rate protection’ pledge. (02:36) This is an abridged transcript. Strategists at UBS Group (UBS) now warn that default rates in private credit c ...