Investing.com -- Shares of Fluence Energy Inc (NASDAQ:FLNC) fell 3.1% in today’s trading session after a notable downgrade from Jefferies analyst Julien Dumolin-Smith. The analyst cut the rating to ’Underperform’ from ’Hold’ with a price target of $3, citing a valuation disconnect and a slowing industry outlook.The downgrade comes in the wake of the stock’s 20% rise since May 9, foll ...
Investing.com -- Today, Moody’s Ratings has upgraded the long term corporate family rating (CFR) and the probability of default rating (PDR) of Telecom Italia (BIT:TLIT), Italy’s leading telecommunications provider, from Ba3 to Ba2. The ratings on the senior unsecured debt issued by Telecom Italia and its subsidiaries, Telecom Italia Capital S.A. and Telecom Italia Finance, S.A., have also b ...
Investing.com -- S&P Global Ratings has upgraded its financial strength rating and issuer credit ratings on American International Group Inc. (NYSE:AIG) and its core subsidiaries to ’AA-’ from ’A+’. The outlook on the core subsidiaries has been revised to stable from positive. The rating on AIG’s holding company has also been upgraded, with the outlook revised to stable.The upgrade r ...
By Gram Slattery, Andrew Mills, Federico Maccioni and Yousef Saba ABU DHABI (Reuters) - President Donald Trump on Thursday pledged to strengthen U.S. ties to the United Arab Emirates on a visit to the Gulf state that is expected to deepen cooperation on artificial intelligence. Trump began a visit to the UAE on the latest stage of a tour of wealthy Gulf states after hailing plans by Doha to invest ...