Investing.com -- Shares of Veolia Environnement (EPA:VIE) traded lower after Jefferies downgraded the French utility to “underperform” from "hold" rating, citing earnings risk, strategy concerns and a lack of near-term catalysts, in a note dated Wednesday. The brokerage also cut its price target by 20% to €25, implying a 19% downside from the previous close.Jefferies analysts pointed to ...
By Paul SandleLONDON (Reuters) -Alphabet’s Google (NASDAQ:GOOGL) is being sued in Britain for potential damages of up to 5 billion pounds ($6.6 billion) in a class action alleging the company abused its dominant market position in the online search industry.The class action, filed at the Competition Appeal Tribunal on Tuesday, argues that Google’s actions enabled it to charge higher prices for ...
Investing.com -- Shares of vaccine manufacturers Moderna (NASDAQ:MRNA) and Novavax (NASDAQ:NVAX) experienced slight declines in early trading on Wednesday, with Moderna down 1% and Novavax falling 1.3%. This comes as an external panel of experts to the U.S. Centers for Disease Control and Prevention (CDC) proposed a change in vaccination recommendations on Tuesday.The panel suggested that upda ...
Investing.com -- U.S. stock futures slipped lower Wednesday, with the earnings season continuing and investors awaiting more retail sales data and a speech from Fed chair Jerome Powell.Here are some of the biggest premarket U.S. stock movers today:Nvidia (NASDAQ:NVDA) stock fell 6.7% after the semiconductor giant said it would be hit by $5.5 billion in charges following a Commerce Department decis ...