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The burgeoning space transportation industry could set up a unique opportunity for Linde , according to Rothschild & Co. Redburn. The investment firm reiterated its buy rating on the industrial gas supplier in a Wednesday note. Analyst Tony Jones raised his price target on shares of Linde to $560 from $550. Shares of Linde have surged 20% this year. Jones’ updated forecast implies the stock could add another 9% from its Tuesday close of $515.59. LIN YTD mountain LIN YTD chart Elon Musk ‘s SpaceX is set to debut on the Nasdaq on Friday. The rocket maker is planning to…
Camurus shares fall 7% after FDA rejects acromegaly drug Source link
Not in a sto’ no mo’ The end of physical gift cards effectively severs Valve’s last link to the old brick-and-mortar retail world that Steam so effectively killed across the PC gaming landscape. When Steam was announced in 2002, Valve’s Gabe Newell sold it as a way to get around those annoying retailers altogether, “eliminating the overhead of physical goods distribution” and “leverag[ing] the efficiency of broadband to improve customer service and increase operating margins.” Over two decades later, though, Valve says there’s still a huge legitimate market for physical Steam gift cards, which are the most direct way for…
Sir Mark Rowley has asked the home secretary to introduce legislation forcing companies to publish data on stolen devices. Source link
The Mercedes star, the brand logo of the vehicle manufacturer Mercedes-Benz, rotates on a building of a Mercedes-Benz car dealership.Picture Alliance | Picture Alliance | Getty ImagesMercedes-Benz announced a partnership with German startup Tytan Technologies to produce anti-drone vehicles on Wednesday, becoming the latest automaker to join forces with the defense industry. The German carmaker signed a memorandum of understanding at ILA 2026, the International Aerospace Exhibition, under which it will produce vehicles for a mobile air-defense system to target small drones.Mercedes will focus on “vehicle-based drone defense and mission platforms for the protection of people and critical infrastructure,” based on…
Hugo Boss shares popped 6% Thursday after its biggest shareholder, Frasers Group announced a 2-billion-euro takeover offer for the German fashion company.Frasers, which has a 26% stake in Hugo Boss, said late Wednesday it is offering 38 euros per share in cash for the remainder of Hugo Boss shares, marking a total consideration of 1.978 billion euros ($2.28 billion). The offer represents a premium of around 4% to Hugo Boss’ Wednesday closing price.Hugo Boss noted that the offer had not been coordinated by the company and added that it will “thoroughly examine” the deal.Frasers said it remains supportive of Hugo’s…
Why is PPAP Automotive stock surging today? Source link
For the first time, the American College of Obstetricians & Gynecologists (ACOG) has released its own recommendations for maternal vaccination, providing formal guidance that diverges from that of the Centers for Disease Control and Prevention amid unprecedented policy changes and meddling from anti-vaccine Health Secretary Robert F. Kennedy Jr. ACOG President Camille Clare blamed “changing national recommendations coupled with rampant vaccine misinformation” for the confusion among patients and health care professionals about vaccines during pregnancy. “It is incredibly important for the public to have access to reliable, evidence-based information on maternal immunizations from a trusted source. ACOG is proud to…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Italian Prime Minister Giorgia Meloni’s office is set to be disrupted on Thursday, as employees go on strike against new limits on working from home.Staff are up in arms over a new order capping the number of days they can work remotely at a maximum of 52 a year — half what has been allowed until now.Striking employees are complaining of the difficulty of working in government offices, where they say they are distracted by overcrowding, poor maintenance and pest infestations —…
The Chase Sapphire Preferred® Card (see rates and fees) has long been my go-to travel credit card recommendation for friends and family. Now, it’s getting a major overhaul.The good news: The annual fee is staying at $95, certain purchases are more rewarding and it’s getting new and improved benefits.The bad news: The card’s transfer ratio to World of Hyatt is dropping from 1:1 to 4:3, and it’s losing its 10% anniversary points bonus. The Hyatt devaluation is particularly devastating news because it’s an incredibly valuable hotel program that made maximizing your Chase points easy.This do-it-all rewards card still offers generous…