JPMorgan upgrades Martin Marietta stock rating on acquisition synergies

JPMorgan upgrades Martin Marietta stock rating on acquisition synergies

JPMorgan upgrades Martin Marietta stock rating on acquisition synergies
Key insight: U.S. Bank’s business-banking expansion will focus on the interconnectedness of the lender’s products, according to Gerard Cassidy, an analyst at RBC Capital Markets. What’s at stake: The $725.9 billion-asset company is seeking to replicate the formula it’s used to deepen relationships in its consumer-banking business, Cassidy said. Expert quote: “The business bankers will…
Bank holiday today: Public and private banks in multiple cities will remain closed today, on Monday, 14 September, on account of Ganesh Chaturthi, according to the Reserve Bank of India’s holiday calendar for the month. Notably, this follows the weekend offs on 12 September (second Saturday) and 13 September (Sunday) and will be an extended…
Key takeaway: The agency planned to hold an open meeting Friday to consider proposing new rules “to create a tailored offering regime for certain investment contracts involving crypto assets.” That meeting was canceled due to an “unforeseen scheduling issue.” Expert quote: “The SEC is committed to delivering on the president’s agenda to bring certainty to…
Tesla Shifts to Cautious Tone as Robotaxi Expansion Slows in US Cities Analysis of Tesla’s Robotaxi Rollout and Market Impact By Chris Kirkham and Akash Sriram Initial Promises and Current Progress LOS ANGELES, July 23 (Reuters) – A year ago, Tesla CEO Elon Musk said the company’s robotaxi network would expand at a “hyper-exponential rate”…
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The digital euro has cleared an important hurdle. This week, the European Parliament’s Economic and Monetary Affairs Committee approved draft legislation for the digital currency, keeping the project on track for a 2029 launch. The European Parliament is expected to adopt the committee’s position in early July, after which negotiations with EU member states and…