Articles by Daniel Marsh
Cummins Shares Surge on Upgraded Price Target, Data Center Demand in Focus
Cummins stock climbed over 4% after Raymond James raised its price target to $675, citing data center power needs and a potential truck market recovery. Investors await the May 21 Analyst Day for strategic updates.
Philip Morris Shares Dip Amid Zyn Competition and Debt Filing
Philip Morris International stock declined 1.4% to $180.17 as investors weighed nicotine pouch rivalry and a new debt shelf registration. Several analysts raised price targets following the company's 2026 outlook.
Arrowhead Sees Volatility After S&P MidCap 400 Inclusion, Goldman Eyes 2026 Pipeline
Arrowhead Pharmaceuticals shares experienced heightened trading activity and a slight decline following its transition to the S&P MidCap 400 index. Goldman Sachs reiterated a Neutral stance, highlighting pivotal 2026 clinical data and competitive pressures.
Microchip Technology Shares Slide on $600M Convertible Debt Offering
Microchip Technology shares fell after announcing a $600 million convertible senior notes offering, with proceeds earmarked for hedging and debt repayment. Investors are watching pricing terms and potential dilution.
Amphenol Shares Surge 6% on Insider Purchase and Leadership Transition
Amphenol stock rose over 6% Monday following a director's $1.29 million share purchase and the announcement of CEO R. Adam Norwitt's upcoming appointment as chairman.
Thermo Fisher Files Multi-Tranche Bond Offering to Finance Clario Acquisition
Thermo Fisher Scientific shares edged higher Monday after filing a preliminary prospectus for a four-part senior notes offering to fund its planned Clario acquisition. The company reported consolidated debt of $39.38 billion as of December 31, 2025.
Boeing Gains on Air Force C-17 Modernization Deal; Market Awaits Economic Data
Boeing shares edged higher after securing a U.S. Air Force contract to upgrade C-17A flight decks, with a Pentagon-listed value of $266.6 million. Investor focus shifts to upcoming U.S. jobs and inflation reports.
P&G Shares Dip as Investors Await Key Economic Data
Procter & Gamble stock declined 1.2% on Monday, underperforming the broader market. Investors are focused on upcoming U.S. jobs and inflation reports for signals on consumer health.
Morgan Stanley Gains on Grimes Appointment, Markets Eye Economic Data
Morgan Stanley shares advanced nearly 2% after the bank reinstated veteran dealmaker Michael Grimes to lead investment banking. Investors are monitoring upcoming U.S. jobs and inflation reports for market direction.
Verizon Gains on Board Transition, Economic Data in Focus for Telecoms
Verizon shares advanced 1.3% Monday following news a director will not seek re-election, while rivals AT&T and T-Mobile edged lower. Investors await key U.S. jobs and inflation data that could impact high-dividend telecom stocks.