BofA cuts Werner Enterprises stock price target on cost pressures

BofA cuts Werner Enterprises stock price target on cost pressures

BofA cuts Werner Enterprises stock price target on cost pressures
Corient, the Miami-based registered investment advisor owned by the Mubadala Investment Company, has acquired Seven Bridges Advisors, a New York-based RIA with $4.9 billion in assets under management. Seven Bridges was founded in 2011 by Larry Cohen as a multi-family office and wealth manager. The firm has six partners, who will become partners of Corient…
So far, I’ve been to 64 countries. I love discovering new destinations, but Cambodia is the one that has burrowed its way into my heart and keeps drawing me back. The first time I visited Cambodia, I took a short trip with a friend to see Angkor Wat. I fell in love with Siem Reap,…
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Eaton Corp plc (Symbol: ETN), where a total of 15,247 contracts have traded so far, representing approximately 1.5 million underlying shares. That amounts to about 73.1% of ETN’s average daily trading volume over the past month of 2.1…
On the face of it, Tesla‘s (TSLA -3.22%) recent earnings report was a cause for concern. Soaring operating expenses and capital expenditures are eating into earnings and cash flow in 2026, and there are plenty of declining operating metrics that bears can point to make their case for the stock. Still, is the weakness in…
Polly Enters Hedging, Digital Lending, LO Exploration, Servicing, Correspondent Products; Penny and VantageScore I like to say that I am one good Lottery Scratcher away from ditching this daily Commentary gig and starting something new. All kidding aside, where should we start today? With the rumored FICO layoffs yesterday afternoon? Iowa, Michigan, and…
A joint venture has unloaded an office building in Northern Virginia for nearly twice what it paid to acquire the property just two years ago in the depths of post-pandemic distress. The venture involving FarmView Ventures, GreenBarn Investment Group and Rithm Capital sold the 189,000-square-foot, Class A office at 4075 Wilson Boulevard in Arlington, Va.,…