29 March

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Kratos Surges Ahead of Ark’s Space ETF Debut Tuesday By Investing.com

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By Dhirendra Tripathi Investing.com – Ark Invest’s new space ETF will start trading Tuesday, pushing up shares of its top holding Kratos Defense (NASDAQ:KTOS) in Monday’s trade. Kratos rose 8%. The current consensus rating among six TipRanks analysts is for a hold, with an average price target of $28.20, about where the stock currently trades. Price targets range from a high of $32...

29 March

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Mourners start drawing almost 150,000 hearts in London to remember COVID victims By Reuters

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LONDON (Reuters) - A campaign group for bereaved families has begun hand-drawing almost 150,000 hand-drawn hearts on a wall opposite Britain's Houses of Parliament as a memorial to victims of the COVID-19 pandemic. The mural is expected to stretch for hundreds of metres along the southern bank of the River Thames outside St...

29 March

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Kraft Heinz Higher After Credit Suisse Raises Target Price By Investing.com

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By Dhirendra Tripathi Investing.com – Shares of Kraft Heinz (NASDAQ:KHC) rose 2% on Monday, boosted by a price target hike by Credit Suisse (SIX:CSGN), even though the new target is still below Friday's closing price. Credit Suisse set the target price of $35, which is 17% lower than the $40.03 on Friday. The brokerage has an underperform on...

29 March

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Lil Nas’s Satanic Nikes (Not Endorsed by Nike) Sell Out as Puritans Fume By Investing.com

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By Christiana Sciaudone Investing.com -- Nike (NYSE:NKE) fell 1% after distancing itself from Lil Nas X, who dropped blood-filled Nike-branded shoes on the heels of a new video that enraged the puritanical contingents. The singer's new footwear was created using Nike Air Max 97s, though the company said it had nothing to do with the stunt. The black and...

29 March

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.12% By Investing.com

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Investing.com – U.K. equities were lower at the close on Monday, as losses in the Household Goods & Home Construction, Travel & Leisure and General Industrial sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 fell 0.12%. The biggest gainers of the session on the Investing.com United Kingdom 100 were GMK Norilskiy Nikel PAO DRC (LON:NKELyq),...

29 March

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BoE’s Vlieghe says economy may need more help even with swift rebound By Reuters

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LONDON (Reuters) - Bank of England rate-setter Jan Vlieghe hinted in an interview published on Monday that Britain's economy would need more help to restore it to its pre-pandemic path even if prices rise this year. "To my mind, seeing some strength this year, which I do expect, is not going to be nearly enough to then conclude this is an economy...

29 March

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Gupta’s Liberty Steel to restart operations, in talks with UK government By Reuters

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LONDON (Reuters) - Liberty Steel UK, owned by tycoon Sanjeev Gupta, said on Monday it plans to restart steelmaking next week as it continues to seek new funding after its main funder Greensill Capital went into insolvency. Gupta's conglomerate GFG Alliance was also in "constructive discussions" with the UK government about potential assistance, it added in a statement. ...

29 March

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Facebook, Twitter Rise as Analysts Raise Price Targets By Investing.com

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By Christiana Sciaudone Investing.com -- Facebook (NASDAQ:FB) and Twitter rallied Monday after getting kudos from analysts. Facebook got a price target increase to a Street-high $385 from $355 at Deutsche Bank (DE:DBKGn), where analyst Lloyd Walmsley maintained a buy rating on the stock. Meanwhile, Twitter Inc (NYSE:TWTR) was upgraded to buy from hold at Truist...

29 March

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Tesla Stumbles After Musk’s Tweet Points To Battery Production Constraints By Investing.com

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By Dhirendra Tripathi Investing.com – Tesla (NASDAQ:TSLA) shares fell 3% Monday as traders chose to be cautious on the stock after Elon Musk’s Saturday tweet indicated continuing challenges for the electric vehicle maker. Replying to a Twitter user’s query on Tesla’s Semi program, which develops the automaker’s electric semi-trucks, the maverick founder said, “We are too cell-constrained right now, but probably ok next...

29 March

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Exclusive-Italy to cut 2021 GDP forecast to 4.1%, raise 2022 to 4.3% – sources By Reuters

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By Giuseppe Fonte, Angelo Amante and Gavin Jones ROME (Reuters) - Mario Draghi's government expects Italy's virus-hit economy to grow by 4.1% this year and 4.3% in 2022, three sources close to the matter told Reuters ahead of official publication of the new forecasts next month. The 2021 forecast is a steep downward...

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Kratos Surges Ahead of Ark’s Space ETF Debut Tuesday By Investing.com

Mourners start drawing almost 150,000 hearts in London to remember COVID victims By Reuters

Kraft Heinz Higher After Credit Suisse Raises Target Price By Investing.com

Lil Nas’s Satanic Nikes (Not Endorsed by Nike) Sell Out as Puritans Fume By Investing.com

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.12% By Investing.com

BoE’s Vlieghe says economy may need more help even with swift rebound By Reuters

Gupta’s Liberty Steel to restart operations, in talks with UK government By Reuters

Facebook, Twitter Rise as Analysts Raise Price Targets By Investing.com

Tesla Stumbles After Musk’s Tweet Points To Battery Production Constraints By Investing.com

Exclusive-Italy to cut 2021 GDP forecast to 4.1%, raise 2022 to 4.3% – sources By Reuters

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