Investing.com - Canada’s main stock exchange climbed higher on Thursday, pointing to the possible continuation of a multi-day winning streak.By 12:15 ET, the S&P/TSX 60 index bounced by 10.5 point, or 0.7%.The Toronto Stock Exchange’s S&P/TSX composite index rose by 181.9 points, or 0.7%. Wednesday saw a gain of 75.59 points, or 0.3%, notching its highest closing level since February 1 ...
(Reuters) -Private equity firm Thoma Bravo has sold its remaining stake in Nasdaq for proceeds of about $3.4 billion, Bloomberg News reported on Thursday. Thoma Bravo divested around 43 million shares, or about 7.4% of Nasdaq, in unregistered block trades on May 7 and May 13, the report said, citing people familiar with the matter. Nasdaq and Thoma Bravo did not immediately respond to Reuters’ r ...
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 ...