| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 50 points on Friday.
Following the market opening Friday, the Dow traded up 0.18% to 37,536.76 while the NASDAQ rose 0.38% to 15,113.04. The S&P 500 also rose, gaining, 0.19% to 4,790.00.
Check This Out: Jim Cramer Predicts A 'Terrific Year' For This Manufacturer, And As For U-Haul? 'I'm Fine With It'
Information technology shares rose by 0.6% on Friday.
In trading on Friday, utilities shares fell by 0.3%.
Schlumberger Limited (NYSE:SLB) posted better-than-expected earnings for its fourth quarter.
SLB posted adjusted earnings of 86 cents per share, beating market estimates of 84 cents per share. The company’s quarterly sales came in at $8.99 billion versus expectations of $8.96 billion.
Kaman Corporation (NASDAQ:KAMN) shares shot up 101% to $45.10 after the company announced it will be acquired by Arcline for $1.8 billion.
Shares of Processa Pharmaceuticals, Inc. (NASDAQ:PCSA) got a boost, surging 38% to $0.2800. Processa Pharmaceuticals announced plans to expand the development of next generation capecitabine (NGC-Cap) into advanced or metastatic breast cancer beginning with next Phase 2 trial in breast cancer.
Tricon Residential Inc. (NYSE:TCN) shares were also up, gaining 28% to $11.05 Blackstone and Tricon Residential entered into an arrangement agreement under which Blackstone Real Estate Partners X together with Blackstone Real Estate Income Trust, Inc. will acquire all outstanding common shares of Tricon for $11.25 per share in cash.
C3is Inc. (NASDAQ:CISS) shares dropped 65% to $0.1310 as the company announced pricing of $7.0 million upsized underwritten public offering.
Shares of Accelerate Diagnostics, Inc. (NASDAQ:AXDX) were down 38% to $0.9901 after the company reported pricing of approximately $15 million public offering and private placement.
iRobot Corporation (NASDAQ:IRBT) was down, falling 29% to $16.74 following a report suggesting the EU plans to block Amazon's acquisition of the company.
Also Check This Out: Top 3 Financial Stocks That May Implode In Q1
In commodity news, oil traded up 0.4% to $74.35 while gold traded up 0.5% at $2,032.30.
Silver traded down 0.3% to $22.74 on Friday while copper rose 0.6% to $3.7670.
European shares were mostly lower today. The eurozone’s STOXX 600 fell 0.2%, London’s FTSE 100 rose 0.2% while Spain’s IBEX 35 Index fell 0.1% The German DAX fell 0.2% French CAC 40 fell 0.143% while Italy’s FTSE MIB Index fell 0.1%.
Producer prices in Germany declined 8.6% year-over-year in December compared to a 7.9% fall in the previous month. Retail sales in the UK fell by 3.2% in December compared to a revised 1.4% rise in the prior month.
Asian markets closed mixed on Friday, with Japan’s Nikkei 225 gaining 1.40%, Hong Kong’s Hang Seng Index falling 0.54% and China’s Shanghai Composite Index declining 0.47%. India’s S&P BSE Sensex, meanwhile, rose 0.70%.
Foreign direct investment into China declined by 8% year-over-year to CNY 1.13 trillion ($157.1 billion) in 2023. The business confidence indicator in Hong Kong declined to +1 in the first quarter versus a reading of +8 in the prior three-month period. The annual inflation rate in Japan slowed to 2.6% in December from 2.8% in the earlier month, recording the lowest reading since July 2022.
Data on existing home sales will be released at 10:00 a.m. ET.
Now Read This: How To Earn $500 A Month From AT&T Stock Ahead Of Q4 Print
