Tag: cut

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Hexo stock price target cut by Stifel and AGP after earnings disappoint, but pending deals are viewed as positive

Stifel analysts reiterated their hold rating on shares of Canadian cannabis company Hexo Corp. HEXO, -6.65% HEXO, -6.48% on Tuesday…

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Turkish lira tumbles to record low as Erdogan pushes for rate cut

The Turkish lira hit its lowest ever level against the U.S. dollar on Wednesday after President Recep Tayyip Erdogan said…

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Starbucks aims to cut water usage in the coffee supply by 2030

Starbucks Corp. SBUX, +1.50% said Monday that it will halve water usage in its supply chain by 2030 by taking…

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Hexcel stock falls after credit rating cut to ‘junk’ status at S&P Global Ratings

Shares of Hexcel Corp. HXL, -0.18% fell 0.8% in afternoon trading Friday, after the credit of the maker of materials…

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Oil futures end higher, buoyed by ongoing OPEC+ vow to cut output

Oil futures rose Wednesday, with U.S. prices logging another finish at their highest in a year, as traders remained encouraged…

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Bellicum Pharmaceuticals to cut 79% of staff after disappointing trial data, stock suffering record plunge

Shares of Bellicum Pharmaceuticals Inc. BLCM, -37.11% plunged 35.1% in midday trading Friday, putting them on track for their biggest-ever…

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Sony shares fall after report of cut to PlayStation 5 production estimates

Shares of Sony Corp. 6758, -2.41% fell in Tokyo trading early Tuesday, after Bloomberg News reported the company has cut…