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 Altria (MO) Partners with KT&G on Oral Nicotine and Wellness Products
 Yahoo Finance· 2025-10-02 06:33
 Altria Group, Inc. (NYSE:MO) ranks among the top picks for a retirement portfolio. Altria Group, Inc. (NYSE:MO) and KT&G Corporation, a South Korean tobacco company, signed a non-binding memorandum of understanding on September 23 to work together on novel oral nicotine products, non-nicotine products, and conventional tobacco operating efficiency.   The agreement includes plans to grow nicotine pouch products across the globe, including the possible extension of Altria’s on! and on! PLUS brands into selec ...
 Amgen (AMGN) Announces $650M Puerto Rico Facility Expansion
 Yahoo Finance· 2025-10-02 06:33
 Core Insights - Amgen Inc. is recognized as a top choice for retirement portfolios due to its strategic investments and growth potential [1][4] - The company announced a $650 million upgrade to its manufacturing facility in Juncos, Puerto Rico, expected to create approximately 750 jobs [1][2] - This investment aims to enhance medicine production capacities and integrate innovative technology into operations [1]   Investment and Expansion - Amgen's recent investments include a $1 billion expansion in North Carolina, a $900 million factory expansion in Ohio, and a $600 million science and innovation center in California [2] - The company attributes its local manufacturing and research investments to favorable legislation, including the Tax Cuts and Jobs Act of 2017 and the One Big Beautiful Bill Act of 2025 [2]   Company Overview - Amgen Inc. is a global biopharmaceutical company focusing on human treatments for various health conditions, including cardiovascular diseases, hematology, inflammation, cancer, and bone health [3]
 RTX Receives $352 Million Contracts for Missile Systems
 Yahoo Finance· 2025-10-02 06:33
 RTX Corporation (NYSE:RTX) ranks among the top picks for a retirement portfolio. The US Department of War reported that on September 26, RTX Corporation (NYSE:RTX) received several defense contracts worth about $352.6 million for a range of missile systems and associated services.   Pixabay/Public Domain  The most substantial award is a $160.9 million contract modification for the AIM-9X missile program that was previously approved. This upgrade involves producing a second source solid rocket motor assembl ...
 Walmart’s (WMT) Clothing Division Gains UBS Confidence After NYC Pop-Up Visit
 Yahoo Finance· 2025-10-02 06:08
 Core Insights - Walmart Inc. is recognized for its low beta stocks that can outperform market volatility, with UBS maintaining a Buy rating and a $110 price target following a recent visit to its clothing pop-up shop in New York City, indicating strong growth potential in its clothing division [1][2]     Group 1: Company Performance - Walmart has been methodically enhancing its service to customers while quickly adapting to market changes, focusing on quality and value rather than just pricing, which has resulted in more appealing and trendy products [2] - As the world's largest brick-and-mortar retailer, Walmart operates over 100,000 stores across various sectors, including Walmart US, Walmart International, and Sam's Club, offering a diverse range of products such as clothing, electronics, and home furnishings [3]
 Argus Lowers Wendy’s (WEN) Rating, Cites Competition and Leadership Changes
 Yahoo Finance· 2025-10-02 05:53
 Core Viewpoint - The Wendy's Company is experiencing challenges in U.S. sales and traffic, leading to a downgrade from Buy to Hold by Argus, despite some international sales growth [1][3].   Financial Performance - The company reported a 2% decline in second-quarter revenue compared to the previous year, with global sales down 1.8%. U.S. sales decreased by 3%, and same-store sales fell by 3.6%, although this was partially offset by a 9% increase in overseas sales [2].   Valuation and Market Position - Despite a low valuation, Wendy's is facing rising expenses, leadership changes, and intense competition. Argus indicated that a rebound in U.S. sales and improved international performance could lead to a reconsideration of the company's investment rating [3].    Company Overview - The Wendy's Company operates a chain of quick-service restaurants in the U.S. and internationally, structured into three main segments: Global Real Estate & Development, Wendy's International, and Wendy's U.S. [4].
 Methanex (MEOH) Expands Methanol Bunkering Services in South Korea and ARA Region
 Yahoo Finance· 2025-10-02 05:53
 Group 1 - Methanex Corporation (NASDAQ:MEOH) is recognized as one of the top NASDAQ stocks with low P/E ratios [1] - The company established strategic alliances on September 23 to provide methanol bunkering services in South Korea and the Amsterdam-Rotterdam-Antwerp (ARA) area [1][2] - Methanex collaborated with TankMatch to offer barge-to-ship methanol bunkering services in the ARA region, building on a previous agreement involving OCI Global and UniBarge [2]   Group 2 - The collaborations in South Korea and ARA leverage Methanex's existing supply chain and local knowledge from nearby bunkering operators [2] - Methanex ensures that all partners meet its operational and safety requirements, providing safety packages and technical advice for companies using methanol as marine fuel [3] - Methanex operates as a methanol manufacturer with a presence in Asia Pacific, North America, Europe, and South America [3]
 Ocular Therapeutix (OCUL) Falls Hard on $475-Million Share Sale
 Yahoo Finance· 2025-10-02 04:46
 Core Viewpoint - Ocular Therapeutix Inc. (NASDAQ:OCUL) experienced a significant drop in share prices following the announcement of a $475 million share sale, indicating investor concerns about dilution and future performance [1][3].   Group 1: Share Sale Details - Ocular Therapeutix plans to offer over 37.9 million common shares at a price of $12.53 each, with the offering set to close on October 1, subject to customary conditions [2]. - The proceeds from the share sale will primarily fund a planned open-label extension study for Axpaxli in patients with wet age-related macular degeneration (wet AMD) and phase 3 clinical trials for non-proliferative diabetic retinopathy (NPDR) [3].   Group 2: Allocation of Proceeds - A portion of the funds raised will be allocated for investments in infrastructure, including capital expenditures to support manufacturing and pre-commercialization activities related to Axpaxli, pending approval [4].
 Energy Fuels (UUUU) Falls 7% on $550-Million Notes Issuance
 Yahoo Finance· 2025-10-02 04:46
 We recently published 11 Stocks Failing to Keep up With The Market. Energy Fuels Inc. (NYSEAmerican:UUUU) is one of the top performers on Tuesday.  Energy Fuels extended its losing streak to a third straight day on Tuesday, shedding 7.08 percent to close at $15.35 apiece, as investor sentiment was dampened by plans to raise $550 million from the issuance of convertible senior notes that could result in shares dilution.  In a statement, Energy Fuels Inc. (NYSEAmerican:UUUU) said that the notes will have a t ...
 DraftKings (DKNG) Nosedives 11.6% as New Kalshi Product Threatens Business
 Yahoo Finance· 2025-10-02 04:45
 We recently published 11 Stocks Failing to Keep up With The Market. DraftKings Inc. (NASDAQ:DKNG) is one of the top performers on Tuesday.  DraftKings plummeted by 11.59 percent on Tuesday to end at $37.40 apiece after investors unloaded positions to mitigate risks of Kalshi’s launch of a new product that poses a threat to its business.  DraftKings Inc. (NASDAQ:DKNG) fell alongside its counterparts after Kalshi announced on Monday its new “build your own combo” parlay product that would allow users to pair ...
 Firefly Aerospace (FLY) Falls Hard as Rocket Explodes During Test
 Yahoo Finance· 2025-10-02 04:44
 Core Insights - Firefly Aerospace Inc. (NASDAQ:FLY) experienced a significant decline in share prices, dropping by 20.67% to $29.32 following the explosion of its Alpha Flight 7 rocket during testing [1][2] - The company confirmed that the explosion occurred during the first stage of the rocket's test and stated that safety protocols were followed, with all personnel reported safe [2] - This incident represents a setback for Firefly's launch program, occurring just two weeks before the rocket's scheduled official flight mission [2]   Company Performance - The share price of Firefly Aerospace fell sharply, indicating investor concern and a potential loss of confidence in the company's operational capabilities [1] - The recent explosion adds to the challenges faced by Firefly, particularly following a previous investigation into a separate mission that resulted in a Lockheed Martin satellite being placed in a shallow orbit, suggesting mission failure [3]   Future Outlook - Despite the current setbacks, there is acknowledgment of Firefly's potential as an investment, although some analysts believe that other AI stocks may offer better returns with lower risk [4]