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Global Markets Grapple with KKR’s Telecom Woes, Analyst Revisions, and Geopolitical Shifts
Stock Market News· 2025-10-16 04:08
Key TakeawaysKKR (KKR) is reportedly forgoing dividends after its substantial €22 billion Italian telecoms investment encountered difficulties.Gold prices continued their ascent, driven by heightened US-China tensions and growing expectations for more dovish interest rate policies.Analyst target prices were adjusted across several sectors, with BRP Inc. (DOOO), J.B. Hunt (JBHT), and Bunge (BG) receiving upgrades, while Lantheus Holdings (LNTH) and Canadian Tire (CTC.A) saw reductions.In political news, the ...