Stock is upgraded to buy from neutral by Janney on expected boost from the purchase.
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Dow Jones tops 40,000 for first time to deliver ‘psychological boost’ to bulls
The Dow Jones Industrial Average traded above 40,000 for first time ever on Thursday.
Fed’s Barkin: Service companies are still trying to raise prices
The service sector “has changed their view” and believes consumers will accept higher prices and are going to raise them...
Walmart’s stock jumps toward a record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter...
Charles Schwab names ex-Citi exec as next CFO after exit of three top managers
Upper-echelon managers to step down after four-year effort to complete Ameritrade integration.
U.S. industrial output flat in April
Industrial production was flat in April, the Federal Reserve reported Thursday.
Intel’s stock has fallen far enough, this analyst says
Wolfe Research ends its bearish call while noting that challenges remain for Intel.