Spotify cut at Wolfe Research as bull case requires more than music share gains
Investing.com — Wolfe Research downgraded Spotify Technology (NYSE:SPOT) to Peer Perform from Outperform on Friday, citing concerns over its valuation and…
Private equity ‘secondary’ sales hit record as Ardian closes $30 billion fund
By Mathieu Rosemain and Andres Gonzalez PARIS/LONDON – The secondary market for private equity funds saw record transaction volumes last…
Goldman Sachs boosts CEO pay to $39 million, lines up five more years at helm
By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs raised CEO David Solomon’s compensation 26% to $39 million for last year,…
US Supreme Court upholds law banning TikTok
By Andrew Chung and John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court refused to rescue TikTok on Friday from a…
Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.22%
Investing.com – Sweden stocks were higher after the close on Friday, as gains in the Basic Materials, Industrials and Financials…
U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 1.35%
Investing.com – U.K. stocks were higher after the close on Friday, as gains in the Industrial Engineering, Industrial Metals &…
France’s cognac makers lift US exports ahead of Trump inauguration, data shows
By Tassilo Hummel PARIS (Reuters) – French cognac makers increased shipments to the United States in December, trade data showed,…
Moody’s says LA fire may pose risk to Southern California Edison
NEW YORK (Reuters) – The Eaton (NYSE:ETN) Fire in central Los Angeles County poses a potential credit risk to power…
Citi rates Southwest stock sell, says earnings quality declining
Investing.com — Citi downgraded Southwest Airlines (NYSE:LUV) Co. to “Sell” from “Neutral” on declining earnings quality and weaker cash flow conversion…
Philip Morris stock rises on FDA’s first nicotine pouch approval
Investing.com — Shares of Philip Morris International Inc. (NYSE:PM) rose 1% following the U.S. Food and Drug Administration’s (FDA) authorization…