Bluebird Bio, Inc. (NASDAQ:BLUE), on Friday, entered into a definitive agreement to be acquired by global investment firms Carlyle Group Inc. (NASDAQ:CG) and SK Capital Partners. The agreement, which also includes a team of biotech executives, will see Bluebird Bio’s stockholders receive $3.00 per share in cash, along with a contingent value right, which could […]

Nikola Corporation (NASDAQ:NKLA) shares are trading lower in the premarket session on Wednesday, after it filed for Chapter 11 bankruptcy, seeking to auction its assets while continuing limited operations through March 2025. Nikola announced today that it and certain subsidiaries have filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the District […]

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Jefferies analyst David Katz upgraded the rating for Wynn Resorts, Limited (NASDAQ:WYNN) from Hold to Buy and raised the price target from $105 to […]

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. DA Davidson analyst Gil Luria initiated coverage on Blaize Holdings, Inc. (NASDAQ:BZAI) with a Buy rating and announced a price target of $10. Blaize […]

U.S. stock futures rose on Monday after Friday’s sharp fall as investors digested the tariff updates and earnings reports. All four benchmark indices were trading higher. Investors will look out for inflation data slated to be released on Wednesday this week. The week’s corporate earnings calendar features a mix of companies across various sectors. Consumer-focused […]

Tesla Inc (NASDAQ:TSLA) directors Kimbal Musk and Robyn M Denholm as well as Chief Financial Officer Vaibhav Taneja sold shares of the company over the past week, according to recent filings with the Securities and Exchange Commission. What Happened: According to a filing dated Feb. 3, Denholm, Director of Tesla and board chair, sold 112,390 […]

On Wednesday, Boston Scientific Corporation (NYSE:BSX) reported fourth-quarter revenues of $4.56 billion, beating the consensus estimate of $4.424 billion. Sales increased 22.4% on a reported basis, compared to the company’s guidance range of 16.5%-18.5%, and 23.1% on an operational basis, 19.5% on an organic basis, compared to the company’s guidance range of 14%-16%. The company earned an adjusted EPS of 70 […]

In a recent cybersecurity incident, customer data at one of America’s largest banks was compromised, as per a government filing. What Happened: TD Bank, the 10th-largest bank in the US by total assets, disclosed in a report that a former employee had unauthorized access to and shared sensitive customer data from August to December 2022. The breached data […]