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Workday Inc. sees rating upgrade to ’BBB+’ at S&P due to stronger cash position

Workday Inc. sees rating upgrade to ’BBB+’ at S&P due to stronger cash position

Investing.com -- S&P Global Ratings has upgraded Workday Inc (NASDAQ:WDAY). to ’BBB+’ from ’BBB’ due to the company’s increased net cash position and business resilience. The upgrade comes despite increased share repurchases and acquisition spending in fiscal 2025, which ended on January 31. The firm’s growing free operating cash flow (FOCF) and conservative capital allocation hi ...

2025-04-27 19:25:44
TSX closes slightly lower with trade tensions, corporate earnings in focus

TSX closes slightly lower with trade tensions, corporate earnings in focus

Investing.com - Canada’s main stock exchange slipped minimally on Friday, with traders eyeing the prospects of U.S. trade deals and a bevy of U.S. corporate earnings.By the 4:00 ET close, the S&P/TSX 60 index had dropped by 0.2 points, or 0.01%.Toronto Stock Exchange’s S&P/TSX composite index lowered by 17 points, or 0.1%, after jumping 254.85 points, or 1%, on Thursday, logging its hi ...

2025-04-27 19:24:47
Stocks rise with tech-related shares, notch weekly gains; dollar up

Stocks rise with tech-related shares, notch weekly gains; dollar up

By Caroline ValetkevitchNEW YORK (Reuters) -Most stock indexes climbed on Friday, with Wall Street buoyed by technology-related shares, while the dollar had its first weekly rise in over a month as investors searched for signs that the U.S.-China trade war may be easing.Shares of Google parent Alphabet (NASDAQ:GOOGL) rose 1.7% after it beat profit expectations and reaffirmed AI spending targets, w ...

2025-04-27 19:23:12
US agency eases some self-driving safety rules, sending Tesla stock soaring

US agency eases some self-driving safety rules, sending Tesla stock soaring

By David ShepardsonWASHINGTON (Reuters) -The Trump administration announcement that it aims to speed deployment of self-driving vehicles by exempting some from certain safety requirements and easing rules requiring reporting of safety incidents sent Tesla (NASDAQ:TSLA) shares up nearly 10% on Friday.CEO Elon Musk, a close adviser to President Donald Trump, has repeatedly pledged to launch commerci ...

2025-04-27 19:21:54