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Michael Elkins

Joined: Feb 09, 2022
  • News

Michael Elkins's News
A complete archive of Michael Elkins's news items - Page 184

Newell Brands trades up following restructuring plans
Newell Brands trades up following restructuring plans By Investing.com - Jan 23, 2023

By Michael Elkins Newell Brands (NASDAQ:NWL) is up almost 6% in mid-day trading after the consumer goods maker announced a restructuring and savings initiative labeled Project...

Cowen cuts Costco as gas profits shrink
Cowen cuts Costco as gas profits shrink By Investing.com - Jan 23, 2023

By Michael Elkins Cowen reiterated an Outperform rating on Costco Wholesale Corp. (NASDAQ:COST) and cut the price target for the stock to $600.00 (from $650.00) based on the...

Intel raised at Susquehanna ahead of 4Q release
Intel raised at Susquehanna ahead of 4Q release By Investing.com - Jan 23, 2023

By Michael Elkins Susquehanna Financial reiterated a Negative rating on Intel Corp . (NASDAQ:INTC) but raised the price target on the stock to $24.00 (from $22.00) ahead of the...

Ford to cut 3,200 European jobs; union vows to fight
Ford to cut 3,200 European jobs; union vows to fight By Investing.com - Jan 23, 2023

By Michael Elkins Germany's IG Metall union announced Monday that Ford plans to cut up to 3,200 jobs across Europe and move some product development work to the United States. The...

Splunk appoints Roberts as CFO
Splunk appoints Roberts as CFO By Investing.com - Jan 23, 2023

By Michael Elkins  Shares of Splunk Inc. (NASDAQ:SPLK) are up 1.3% on Monday after the software company announced the appointment of Brian Roberts as CFO effective immediately....

General Motors to invest $918M in four U.S. sites
General Motors to invest $918M in four U.S. sites By Investing.com - Jan 20, 2023

By Michael Elkins General Motors (NYSE:GM) announced today that the carmaker plans to invest $918 million in four U.S. manufacturing sites, including $854M to prepare these...

Citi bearish on XPeng following price cuts
Citi bearish on XPeng following price cuts By Investing.com - Jan 18, 2023

By Michael Elkins Citi reiterated a Sell rating on XPeng (NYSE:XPEV) after the company announced that the electric vehicle maker would be cutting the MSRP on its models. The price...