Articles by Daniel Marsh
Trump Media Restructures Board, Grants CEO Stock as Nunes Exits
Trump Media adds Trump allies Meredith O’Rourke and Boris Epshteyn to board, grants interim CEO Kevin McGurn a $125,000 monthly salary and RSUs. DJT stock at $9.35.
Constellation Energy's Three Mile Island Restart Faces Water Use Hurdle
Constellation Energy's plan to restart Three Mile Island Unit 1 faces a water use test, as the company seeks to draw up to 73.2 million gallons daily from the Susquehanna River for the Crane Clean Energy Center.
Greg Abel's First Berkshire Meeting: $370B Cash Pile Under Spotlight
Greg Abel will make his debut as Berkshire Hathaway CEO at the annual meeting on May 2, with investors focused on the company's $370 billion cash pile and recent stock decline.
PayPal Stock Rises on Truist Price Target Hike Despite Sell Rating
PayPal shares edged up 1.5% after Truist Financial raised its price target to $45, though the stock trades above that at $50.48. The firm retained a Sell rating amid competitive pressures and a new CEO.
Lockheed Martin Secures Spot in $3.2 Billion Golden Dome Prototype Race
Lockheed Martin (LMT) has been selected for prototype work on the U.S. Space Force's $185 billion Golden Dome missile defense program, joining a competitive field. Shares fell 3.08% amid a weak quarter.
BWX Technologies Acquires Precision Components to Bolster Nuclear Supply Chain
BWX Technologies acquires Precision Components Group, adding over 500,000 square feet of U.S. heavy-manufacturing capacity as nuclear supply chains tighten.
Lockheed Martin Wins Golden Dome Contract Amid Q1 Earnings Pressure
Lockheed Martin secures a role in the $185B Golden Dome space-based missile defense program, while reporting Q1 sales of $18B and negative free cash flow.
AGNC Investment: Analysts Split on Price Targets Ahead of Ex-Dividend Date
AGNC Investment shares closed at $11.02 Friday, up 1.47%, after UBS raised its price target to $11 and RBC trimmed to $12 but kept an outperform rating. The $0.12 dividend goes ex-dividend April 30.
Eaton Stock Near Peak as AI Power Demand Test Looms
Eaton shares closed at $423.92 near a 52-week high. Investors await Q1 earnings on May 5 to gauge AI infrastructure demand and its impact on orders and margins.
Home Depot Markdown Fraud Case Highlights Internal Control Risks
A former Home Depot manager in Miami-Dade County has been charged with grand theft and organized fraud for allegedly approving unauthorized discounts totaling $4.3 million. The case raises questions about internal controls as the retailer focuses on pro contractors.
Enbridge's C$4B Sunrise Pipeline Gets Federal Go-Ahead
Enbridge secures Canadian approval for its C$4 billion Sunrise Expansion, adding 300 million cubic feet per day of gas capacity and supporting LNG exports.