Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The company reached a resolution in a high-profile lawsuit that generated a jury award during earlier proceedings, according to a report published by Yahoo Finance.
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Analyst Wells Fargo lowered its target on Comcast, citing changes to its assumptions and valuation work, according to a July 15 report.
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A recent Wall Street note cut AT&T’s price target while reiterating an Equal Weight rating, underscoring the market’s cautious view of the telecom giant’s near-term outlook.
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The company did not provide additional plant specifics in the published report, but the proposed investment underscores how automakers are reshaping U.S. manufacturing footprints.
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The bank cut its outlook for ConocoPhillips (COP) to $115 from $128, citing changes in its view of the company following its second-quarter updates, while maintaining a Hold stance.
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The project is designed to add 2.5 GWdc of solar capacity and 2.9 GWh of battery storage, with construction now under way.
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The investment bank lowered its shares outlook for The Boston Beer Company, reducing its price target to $169 from $192, according to a market report.
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A fresh Yahoo Finance commentary argues Coca-Cola stock is “trouncing the market” this year, though it offers interpretation rather than new disclosures from the company.
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The coffee chain says it is changing how cafe workers are paid and incentivized, including quarterly cash bonuses tied to store performance and expanded tipping options.
