Reported 16 days ago
Seaport Global Securities has upgraded Smurfit Westrock Plc (NYSE:SW) from 'Neutral' to 'Buy' and set a price target of $52. The firm believes the recent decline in share price reflects investor concerns over European containerboard capacity expansion, but expects improved conditions due to capacity closures and better pricing for recycled containerboard. With a five-year strategic plan to be outlined in February 2026, Smurfit Westrock aims to highlight significant synergies and growth opportunities.
Source: YAHOO
Reported 16 days ago
On September 30, 2025, Wells Fargo started coverage of Atlassian Corporation (NASDAQ:TEAM) with an 'Overweight' rating and a price target of $216. The firm highlighted the company's growth driven by increasing cloud adoption, AI integration, and strong enterprise positioning. Atlassian's strategic moves, including significant acquisitions, are expected to enhance its competitive edge in the market. While deemed a solid investment, Wells Fargo notes that other AI stocks may present greater upside potential.
Source: YAHOO
Reported 16 days ago
Source: YAHOO
Reported 16 days ago
Clean Energy Fuels Corp. (CLNE) announced plans to construct a second hydrogen fueling station for Foothill Transportation, following its commitment to zero-emission infrastructure. This $11.3 million facility, partially funded by federal grants, will be located at Foothill’s Arcadia bus yard and will support 19 new hydrogen fuel cell buses. This project continues their 20-year collaboration, enhancing the existing hydrogen station in Pomona which serves 33 buses. Additionally, CLNE is working on three RNG production plants set to begin operations in 2026.
Source: YAHOO
Reported 16 days ago
Rubens Ometto, the controlling shareholder of Cosan S.A. (CSAN), is in discussions for a $141 million loan from Banco Bradesco to maintain his family's stake in the company amid recent financial challenges. Despite reporting an EBITDA of almost $1.1 billion, Cosan faced a significant net loss of nearly $190 million in Q2 2025. The loan aims to assist in the company's debt reduction strategy and bolster confidence after a 20% drop in share price following restructuring announcements.
Source: YAHOO
Reported 16 days ago
Kosmos Energy Ltd. (KOS) announced the completion of its semi-annual assessment of reserve-based lending facilities on October 1, 2025, confirming compliance with all financial covenants and that its borrowing base exceeds the $1.35 billion limit. The company also secured a $250 million senior loan with Shell, which allows for partial redemption of its 2026 notes. Additionally, it enhanced its oil hedging for 2026 amidst rising oil prices to strengthen its balance sheet against market volatility.
Source: YAHOO
Reported 16 days ago
Taiwanese fintech company OwlTing has been approved for a direct listing on Nasdaq, set to begin trading under the ticker OWLS on October 16. This strategic move allows the firm to avoid share dilution while demonstrating confidence in its valuation and expansion goals within the blockchain payment sector. Founded by Darren Wang, OwlTing focuses on solving payment challenges globally, with its flagship product, OwlPay, facilitating transactions in stablecoins and fiat currency. Despite reporting a net loss, the listing is expected to attract investor interest in blockchain-driven financial solutions.
Source: YAHOO
Reported 16 days ago
Source: YAHOO
Reported 16 days ago
Amazon.com (AMZN) has restarted its drone delivery services after a brief pause due to investigations by the NTSB and FAA regarding two drone collisions with crane booms in Arizona. Following an internal safety review that found no technical faults, Amazon implemented new protocols to enhance safety and is now targeting to deliver 500 million packages annually by drones by 2030. The company is also expanding its drone program to include prescription deliveries.
Source: YAHOO
Reported 16 days ago
During a meeting with China's industry minister, Apple CEO Tim Cook announced plans to boost investment in China despite increasing tensions between the U.S. and China. Cook assured that Apple would continue supporting its operations there, highlighting its reliance on Chinese suppliers. This comes as many U.S. companies tread cautiously, balancing the need to engage in China while avoiding the ire of the U.S. government.
Source: YAHOO
Reported 16 days ago
Source: YAHOO
Reported 16 days ago
Source: YAHOO
Reported 16 days ago
Source: INVESTORS
Reported 16 days ago
Source: YAHOO
Reported 16 days ago
Understanding which expenses are deductible for your LLC is crucial for effective financial management. This article outlines 16 common tax write-offs for LLCs, from payroll and office supplies to professional services and travel costs, while also highlighting non-deductible expenses like personal costs and entertainment. Detailed tracking and documentation of all expenses are essential for maximizing deductions and ensuring compliance with IRS guidelines.
Source: YAHOO
Reported 16 days ago
Oil prices slipped on Wednesday as investors considered the International Energy Agency's forecast of a supply surplus in 2026 and ongoing US-China trade tensions that could dampen demand. Brent crude futures fell to $62.24 a barrel, while U.S. West Texas Intermediate dropped to $58.64. The market faces excess supply as OPEC+ increases output, while geopolitical risks and trade disputes have intensified costs and disrupted shipping flows, prompting analysts to focus on inventory changes for indications of demand.
Source: YAHOO
Reported 16 days ago
During the ongoing government shutdown, President Donald Trump has taken significant unilateral actions by firing thousands of government employees, reallocating federal funds, and threatening to cut Democratic programs, all without Congressional approval. While Republican leaders largely support these moves, concerns regarding their legality have been raised, with experts questioning Trump's authority to manipulate budgetary allocations during this crisis. As tensions escalate, Democrats are pushing back, insisting that Trump's tactics are not justified and are prolonging the shutdown.
Source: YAHOO
Reported 16 days ago
LVMH shares experienced their largest spike in nearly 25 years after the luxury brand reported a surprising return to sales growth, signaling a potential recovery in luxury demand, particularly from China. The stock surged 14% in Paris after a 1% increase in third-quarter revenue, breaking a streak of declines and boosting confidence for future growth. This positive trend lifted luxury stocks across Europe and reflected a renewed optimism among investors.
Source: YAHOO
Reported 16 days ago
Revolut is experiencing delays in securing a full UK banking license, primarily due to regulatory concerns over its risk management capabilities during its global expansion. The Bank of England's Prudential Regulation Authority (PRA) is currently analyzing the company's risk management processes and has urged Revolut to improve its infrastructure. Although the company holds a conditional banking license, it is restricted to holding a maximum of £50,000 in deposits while in the mobilization phase, which has now lasted over 14 months.
Source: YAHOO
Reported 16 days ago
Baker Tilly Germany is reportedly exploring the possibility of engaging with a private equity investor, reflecting a broader trend within its network, which includes recent investments and mergers in various locations. The firm, which generated €250.6 million in revenue last year, aims to strengthen its position in the market by considering various financing options, including private equity. This move follows similar actions by its US and UK branches.
Source: YAHOO
Reported 16 days ago
Insurtech company Xceedance has secured a growth investment from Portage Capital Solutions, which provides Portage a minority equity stake and brings Xceedance's total capital to approximately $100 million. This funding will enhance Xceedance's AI-driven solutions and support potential acquisitions. CEO Arun Balakrishnan noted the investment strengthens their capital base and connects them to Portage's broader financial ecosystem, while positioning Xceedance for continued growth as a leading partner in the insurance industry.
Source: YAHOO
Reported 16 days ago
Malibu Life Holdings has agreed to acquire TruSpire Retirement Insurance Company for $45 million, enhancing its annuity product offerings. TruSpire, currently operating under Mutual of America, serves 44 states and aims to launch its first Fixed Indexed Annuity product in 2026. The acquisition is expected to finalize in early 2026, pending regulatory approvals, and will leverage TruSpire's infrastructure for future growth in the fixed annuity market.
Source: YAHOO
Reported 16 days ago
Source: INVESTORS