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Market Update: PEG

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IADS Names Robert Rooderkerk as First Academic Adviser to Boost Retail Research, Strategy Support

PARIS — The International Association of Department Stores has appointed Robert Rooderkerk as its first academic adviser, the organization announced Monday. The new position is aimed at strengthening the organization’s research-driven insight across the global department store sector, as well…

Is Micron Technology’s Stock Really That Cheap? Why Its Earnings Multiples Can Be Misleading

It can almost seem too good to be true that a stock that’s been flying as high as Micron Technology (NASDAQ: MU) over the past year could still be cheap. In the past 12 months, it’s up around 500%, which…

Dow, S&P 500, Nasdaq mixed after Trump orders Hormuz blockade against Iran

President Trump threatened to destroy Iranian ships in the Strait of Hormuz on Monday, just minutes before a US blockade was set to begin in the region. “Iran’s Navy is laying at the bottom of the sea, completely obliterated –…

Versamet finalises Eskay Creek gold stream acquisition

Versamet Royalties has acquired a 3.52% gold stream related to production from the Eskay Creek gold-silver project in British Colombia, Canada. The transaction was completed with fund entities managed by Orion Resource Partners and affiliates of Blackstone. The acquisition follows…

Travel Stocks Are Getting Pummeled as the Iran Conflict Drags On. Here Are 3 to Buy on the Dip.

When the U.S. and Israeli strikes on Iran began on Feb. 28, travel stocks lost more than $22.6 billion in combined market value in a single session. Dubai and Doha airports closed for days, over 4,000 flights were canceled, and…

Italy limits Sinochem’s Pirelli board seats – report

Italy has limited the number of Sinochem Group directors are permitted on Pirelli’s board, citing the need to protect the tyre maker’s access to the US market. According to sources cited by Bloomberg, measures approved at a cabinet meeting cap…

Deutsche Bank cuts RS Group to hold as industrial recovery outlook clouds

Deutsche Bank cuts RS Group to hold as industrial recovery outlook clouds Proactive uses images sourced from Shutterstock Shares in RS Group (LSE: RS1), the industrial electronics and maintenance products distributor, fell almost 3% after Deutsche Bank downgraded the stock…

KeyBanc Lifts Price Target on AAR Corp. (AIR) to $132, Keeps Overweight Rating

AAR Corp. (NYSE:AIR) is among the 7 Best Mid-Cap Defense Stocks to Invest In. On April 9, KeyBanc lifted its price target on the stock to $132 from $120, while reiterating an Overweight rating. KeyBanc Lifts Price Target on AAR…

Jefferies Trims Price Target on Mercury Systems, Inc. (MRCY) to $80, Maintains Hold Rating

Mercury Systems, Inc. (NASDAQ:MRCY) is among the 7 Best Mid-Cap Defense Stocks to Invest In. On April 7, Jefferies trimmed its price target on the stock to $80 from $85, as part of an adjustment to its Q3 estimates. The…