) are moving higher as Raymond James has initiated coverage on the energy company giving it an Outperform rating with a price target of $160 per share. The analyst behind the call cites optimism in the company's ability to modernize the US energy grid and build clean generational assets.Some Truth Social users bemoaned the crash, looking for someone to blame as the shares continued to tank this week.
Trump says $175 million bond is financially secure, asks judge to reject New York attorney general’s challenge Canada's inflation rate ticks up to 2.9% in March amid higher gas prices, boosting June rate-cut bets -- Seafood restaurant chain Red Lobster is mulling a Chapter 11 bankruptcy filing as it looks to restructure its debt, according to people with knowledge of the matter.
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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GE Vernova has 'multi-year pathway' to profitability: AnalystGeneral Electric (GE) has successfully split its business into three independent companies, with GE Vernova (GEV) representing the energy-focused division...
ذریعہ: YahooFinanceCA - 🏆 47. / 63 مزید پڑھ »
Investors Bullish on GE Vernova Energy SpinoffBullish investors are betting it will defy the lackluster share price performance that has followed many corporate spinoffs over the last few decades. On Tuesday, the company’s energy spinoff – whose businesses include wind turbine production and powering data centres – began trading under the name of GE Vernova. GE Aerospace, which makes engines for commercial and military aircraft, kept the GE ticker symbol. Investors who held GE as of March 19 received one share of GE Vernova for every four shares of GE they owned. While spinoffs are typically designed to unlock value, many have been followed by unremarkable share price performance. A Bain & Co study of more than 350 spinoffs between 2000 and 2020 showed that spinoffs generated an average total investor return – defined as equity appreciation plus dividend yields – of 5.1 per cent a year over the three years after the split. That compares to an average annual 8.7 per cent total return for the S&P 500 during the same time frame
ذریعہ: globeandmail - 🏆 5. / 92 مزید پڑھ »