(Reuters) – Cash-strapped electric vehicle maker Lucid (NASDAQ:LCID) said on Thursday a public offering of more than 262 million shares would likely fetch it $1.67 billion in proceeds. The stock…

Investing.com — Shares of Schneider Electric (EPA:SCHN) rose following the company’s announcement of its acquisition of a controlling interest in Motivair Corporation for $850 million.  At 8:54 am (1254 GMT),…

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Media & Publishing, Financial Services and Transport sectors led shares lower. At the close…

NEW YORK – Wipro Limited (NYSE: NYSE:WIT) reported in-line earnings for its third quarter but saw its shares fall 1.5% as the IT services company’s fourth-quarter revenue guidance came in…

Investing.com — Morgan Stanley analysts believe IBM (NYSE:IBM)’s recent stock momentum is likely to persist through the upcoming earnings season. Despite maintaining an Equal-Weight rating on the stock, the firm highlights…

MILWAUKEE – Badger Meter, Inc. (NYSE:BMI) reported third quarter earnings that fell short of analyst expectations, sending shares down 5.88% in trading on Thursday. The water technology company posted adjusted…

Investing.com — Morgan Stanley raised its price targets for two key networking equipment stocks on Thursday, although the firm cautioned that the sector’s recovery remains slow. The bank’s price target…

(Reuters) – U.S. stock index futures extended gains on Thursday after a larger-than-expected rise in monthly retail sales pointed to a healthy U.S. consumer. Retail sales rose 0.4% in September…

Investing.com — Shares of Merck KGaA surged after the company confirmed its outlook for fiscal year 2024 and revisions to its mid-term sales projections, particularly for its Life Science and…