Jefferies has downgraded Aviva PLC from Buy to Hold, stating that the insurer's valuation now fairly reflects its reshaped profile following the acquisition of Direct Line. The broker raised the price target to 637p but noted limited upside potential of about 2% as the stock trades near 623.6p. Despite the downgrade, Aviva offers an attractive all-in yield of around 9% annually, including buybacks, appealing to income-focused investors. Jefferies highlighted that Aviva's business mix now resembles a European composite insurer, with UK & Ireland General Insurance as its largest earnings contributor, but cautioned about execution risks in this segment.
Johnson & Johnson has reached a historic $5.5 billion settlement to resolve claims from about 70,000 women and families alleging its talc products, including Johnson's Baby Powder, contained asbestos and caused cancers such as ovarian cancer and meso...
Catalyst Acquisition Corp. announced the pricing of its initial public offering (IPO) at $10 per unit, raising $200 million by offering 20 million units. The units, each including one Class A ordinary share and a partial share right, will begin tradi...
Century Aluminum Company announced it will report its second quarter 2026 earnings on August 6, 2026, after the market closes. The company will also host a live conference call at 5:00 p.m. Eastern time the same day, accessible via its website. This ...
BitMEX, a pioneering crypto exchange known for 100x leverage perpetual swaps, and BitMart, once a top 10 exchange, have both announced shutdowns after years of operation. Unlike the FTX collapse, BitMEX's closure is orderly without insolvency, though...
Blue Gold Limited was notified by Nasdaq that it does not meet the minimum Market Value of Publicly Held Shares (MVPHS) requirement of $15 million, based on market values from June 10 to July 23, 2026. The company has 180 days, until January 20, 2027...
