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RBC Capital Markets reduced its 12-month price target from $70 to $50.
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Shares retreat as techs extend losses, US strikes on Iran lift oil ReutersAsian Stocks to Fall, Oil Rises as US Strikes Iran: Markets Wrap Bloomberg.comAsia chip-linked shares recover after U.S. peers bounce back CNBCStock markets fall as concerns persist over tech firms at heart of AI boom The Guardian
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The stock market typically performs well leading up to and during periods when companies are issuing new stocks, according to Deutsche Bank.
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Prediction-market companies are identifying hundreds of cases of suspected insider trading.
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Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies, today announced the sale of NSI Industries, a leading manufacturer and supplier of branded electrical products, to Hubbell Incorporated for $3.0 billion. Sentinel acquired NSI in November 2024. NSI is a category-leading provider of more than 15,000 branded replenishment electrical power components […]
The post Deal Roundup: Sentinel announces sale of NSI Industries, Platte River Equity teams with Tallman appeared first on AltAssets Private Equity News.
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Provider-led health plans are underrepresented in the commercial group insurance market, leaving more than $20 billion in potential revenue and $700 million in operating margin on the table.
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The letter, which was reviewed by CNBC, calls for banning certain contracts and raising the age requirements for participation on sports-related contracts.
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