Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The retailer is expanding its Shapermint line, a comfort- and fit-focused shapewear brand, as it broadens its assortment in women’s apparel.
THE APEX TIMES
THE APEX TIMES
Eli Lilly and Company, trading on the NYSE as LLY, was included in a list of dividend stocks aimed at long-term investors after Reuters reported the company is preparing a new weight-loss launch.
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A recent market rout pulled down both AI-chip leaders, prompting a fresh round of valuation comparisons between Nvidia (NVDA) and AMD, as investors reassess near-term expectations for data-center and AI demand.
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In a June 23 note reported by Yahoo Finance, Wolfe Research downgraded Home Depot to Peer Perform from Outperform, arguing the home-improvement retailer remains caught in a wait-and-see phase as housing conditions weigh on demand visibility.
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A Yahoo Finance report on Bank of America’s dividend track added fresh analyst scrutiny, after Citi raised its price target for the bank’s shares.
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In a June 23 note covered by Yahoo Finance, Wells Fargo raised its price recommendation for Caterpillar to $1,155 from $1,050, placing the industrial equipment maker among a select group of “blue chip” stocks with growing dividends.
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The Wall Street Journal reported Walmart would pay $1.4 billion to acquire French ad-tech firm Vibe.co, indicating renewed focus on performance marketing tied to retail data.
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A June 22 Reuters report cited by Yahoo Finance said Oracle cut its workforce by about 13%, while market commentary continued to frame the stock as a blue-chip name known for growing dividends.
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Wolfe Research raised its rating on Target Corp. to Outperform from Peer Perform, pointing to signs of improving execution and keeping the retailer on a list framed around blue-chip stocks with growing dividends.
