Articles by Daniel Marsh
Hooters Revamps 140 US Locations to Shed Risque Image
Hooters' new owners are renovating 140 US restaurants to adopt a family-friendly image after its 2025 Chapter 11 filing. CEO Neil Kiefer details uniform and menu changes.
JetBlue Slashes 11 Routes, Pivots to Fort Lauderdale After Spirit Shutdown
JetBlue is dropping 11 routes, exiting Manchester-Boston, and doubling down on Fort Lauderdale after Spirit Airlines ceased operations. The airline reported a $319M Q1 loss.
Enphase Energy Soars 14% as Goldman Sachs Upgrade Sparks Renewed Interest
Enphase Energy shares jumped 13.7% to $53.15 after Goldman Sachs raised its price target to $57, reigniting Wall Street interest in the solar stock despite weak quarterly results.
Plug Power's UK Green Hydrogen Project Reaches FID, Stock Flat
Plug Power's Barrow Green Hydrogen project hits FID, supplying six 5 MW electrolyzers to cut Kimberly-Clark's gas use 50%. Stock flat at $3.31 as cash risks remain.
Nu Holdings Stock Recovers After UBS Price Target Cut
Nu Holdings shares rose 4.1% in early trading after UBS lowered its price target to $16.90 but maintained a Buy rating, as investors assess record Q1 results against increased credit loss reserves.
T1 Energy Surges 26% as Roth Defense Overcomes Short-Seller Attack
T1 Energy shares surged 26.45% to $8.70 as a Roth Capital analyst defended the company against a short-seller report alleging hidden Chinese ties and tax-credit risks, with a large institutional stake adding bullish momentum.
EasyJet Shares Dip on Fuel Cost Concerns Amid Summer Outlook
EasyJet shares slipped 0.6% in London after the airline posted a £552 million first-half loss and flagged an uncertain full-year outlook due to rising fuel costs and weaker summer bookings.
UK mortgage rates diverge as NatWest hikes, Barclays and Santander cut
NatWest increases selected mortgage rates by up to 24 basis points, while Barclays and Santander reduce some high-LTV products. The Bank of England base rate remains at 3.75%.
London Stocks Dip as BT Stalls, Sage Shines, and Oil Jitters Return
The FTSE 100 fell 0.34% on Thursday as BT's flat core earnings, easyJet's loss warning, and oil above $106 weighed on the index, though Sage's raised outlook provided a bright spot.
Fed Officials Signal Possible Rate Hikes Amid Sticky Inflation
Fed minutes show most officials may hike rates if inflation stays above 2%, shifting market expectations from cuts to possible increases.