(Reuters) -Investment firm H Partners has urged Harley-Davidson (NYSE:HOG)’s shareholders to remove three directors from the board, including its CEO, holding them responsible for the company’s declining sales and falling stock price.H Partners, the iconic American brand’s second-largest investor with a 9.1% stake, made the latest move days after the firm called on CEO Jochen Zeitz to step a ...
Investing.com -- Shares of Bluebird bio Inc (NASDAQ:BLUE) tumbled 8% in premarket trading today following the company’s confirmation that Ayrmid, Ltd. has not delivered a binding offer or secured the necessary financing for a potential acquisition. The biotechnology firm’s board has reiterated its recommendation for shareholders to support the existing transaction with Carlyle and SK Capital ...
By Arsheeya Bajwa and Aditya Soni(Reuters) -Global chip stocks were battered on Wednesday on fresh evidence of how U.S. President Donald Trump’s shifting trade policy was complicating the outlook for semiconductor and computing giants, including AI pioneer Nvidia (NASDAQ:NVDA) and its rival AMD.Attempts to reorient global trade through tariffs and export curbs have started to show the effect as ...
Investing.com -- JP Morgan downgraded U.S. Steel to “Neutral” from “Overweight” and cut its price target to $38 from $43, citing softening demand outlook, potential auto-related tariff risks, and uncertainty around the pending takeover by Japan’s Nippon Steel.The firm said it expects construction demand to face pressure, while auto and appliance demand remain stable near term. Howev ...