BrightSpring Health stock rises on divestiture plan
Investing.com — Shares of BrightSpring Health Services (NASDAQ: BTSG) climbed 13% as the company announced plans to divest its community living business, ResCare Community Living, to Sevita for $835 million. The transaction is anticipated to close in 2025, subject to
Healthcare, luxury stocks boost STOXX 600 to three-month high
By Nikhil Sharma and Pranav Kashyap (Reuters) -European shares rose on Tuesday, buoyed by gains in the healthcare and luxury sectors, but the uptick was tempered by lingering uncertainties over U.S. President Donald Trump’s proposed tariff measures following his inauguration. The pan-European
Adidas reports fourth-quarter sales and profitability gains
LONDON (Reuters) -Adidas reported what it said were better than expected preliminary fourth-quarter results on Tuesday, with strong sales and profitability for the important holiday shopping period. The German sports equipment and apparel company said revenue was up 19% year on
Trump’s first day in office gets mixed reception from US stocks
By Medha Singh and Ananya Mariam Rajesh (Reuters) – Tesla (NASDAQ:TSLA), prison operators and other notable “Trump trades” were volatile on Tuesday as investors assessed a blitz of executive orders by President Donald Trump within hours of taking the oath of
Mondelez cut at Jefferies on ‘increasing risk to cocoa production’
Investing.com — Jefferies downgraded Mondelez (NASDAQ:MDLZ) International from Buy to Hold, citing growing concerns over cocoa supply constraints that could weigh on the company’s future earnings. The analysts highlighted the persistent challenges in cocoa production, particularly in West Africa, as a major