Lyft is preparing to launch 'Lyft Teen,' a new service aimed at riders aged 13-17, complete with enhanced safety features. The move, reported by Bloomberg, comes after rival Uber successfully debuted a similar offering in 2023.
Sierra Bancorp (NASDAQ: BSRR) announced a dividend increase to $0.26 per share, marking a 4% rise from the previous quarter. The hike reflects the bank's sustained profitability and a conservative payout ratio, with analysts forecasting strong EPS growth to support future distributions.
Shares of Pilgrim's Pride Corporation (NASDAQ:PPC) have surged 17% in the last quarter, outpacing the broader market. This analysis delves into the key financial metric driving investor optimism—Return on Equity (ROE)—and examines whether the stock's rally is built on sustainable fundamentals or ripe for a correction.
The broadcast giant Nexstar Media Group (NXST) confirms its upcoming quarterly dividend, maintaining a yield of 3.6% and highlighting a decade of aggressive payout growth. Analysts point to sustainable coverage and strong earnings projections as key supports for income-focused investors.
As optimism returns to European markets, income-focused investors are turning to dividend stocks for resilience and yield. We analyze three European companies offering compelling payouts, weighing their potential against underlying risks in the current economic climate.
In his first public message, CEO Michael Fiddelke outlined plans to revive Target's business but avoided addressing growing calls for the retailer to denounce immigration enforcement actions, sparking criticism from activists and shareholders.
The FDA has issued a complete response letter for Aquestive's sublingual epinephrine film Anaphylm, requesting new human factors studies. The company aims to resubmit its application by Q3 2026 while advancing regulatory efforts in Europe and Canada.
RBC Capital maintains an Outperform rating on Invesco (IVZ) but has lowered its price target to $33, following the asset manager's mixed fourth-quarter earnings. The firm's long-term outlook remains positive, forecasting significant margin expansion driven by operating leverage.
RBC Capital Markets has raised its price target for BNY Mellon, citing improved execution of CEO Robin Vince's three-pillar strategy which is breaking down internal silos and curbing cost inflation, setting the stage for stronger earnings growth.
RBC Capital reaffirms its Outperform rating and $100 price target for Wells Fargo, highlighting the bank's strategic pivot to growth after years of regulatory constraints, even as Evercore ISI trims its earnings outlook.
Investment giant BlackRock (BLK) reported better-than-expected fourth-quarter results, highlighted by a 12% annualized organic base-fee growth. UBS responded by raising its price target, though maintains a Neutral stance on the stock.
Baird upgrades Pool Corp to Outperform, citing cyclical recovery and resilient discretionary spending in the pool and outdoor living sector, with a price target of $320.
Industrial distributor Applied Industrial Technologies (AIT) reported a 8.4% revenue jump in its fiscal Q2, though higher costs and demand volatility prompted a key analyst to trim its price target while maintaining a positive long-term outlook.
As consumer sentiment sours, investors are pivoting to sectors like financial technology and home construction, anticipating policy moves from Washington aimed at easing cost-of-living pressures before the November elections.
Despite plunging to multi-year lows, Litecoin is seeing sustained demand from payment gateways, privacy features, and long-term accumulation, suggesting a potential foundation for recovery amid a brutal market.
A landmark $100 million in tokenized real-world assets on the XDC Network, led by fintech Liqi, signals Brazil's shift from blockchain pilots to institutional-scale adoption, outpacing many developed economies.
Despite processing over $8.4 trillion in January—dwarfing traditional card networks—Circle's share price continues its steep decline, highlighting a stark divide between booming on-chain utility and skeptical market valuation.
Despite robust revenue growth in 2025, Meta Platforms' stock underperformed the market. With a strategic pivot towards high-return AI investments and new advertising frontiers, analysts see the social media giant as attractively valued for a potential comeback this year.
Harvard Bioscience announces the closure of its Holliston, MA manufacturing facility, shifting operations to Minneapolis and Europe by 2027. The move, part of a strategic consolidation, is projected to yield $4 million in annual savings but raises concerns over local job losses and the state's business climate.
The Gulf Coast regional bank announces a dividend increase, with analysts highlighting its sustainable payout ratio and earnings growth trajectory as key indicators of robust financial health.
