Activision Blizzard, Roku, Wayfair and Citi rise premarket; Ford falls

Unifor sets their sights on GM as next bargaining 'target'

Canadian union Unifor wasted no time in setting its sights on the next bargaining challenge, announcing General Motors (NYSE: GM) as its second "target" in contract talks with the Detroit Three. This strategic move comes just a day after the union successfully ratified a new... More

Ford (F) is making strides but says 'significant gaps' remain in UAW labor talks

Ford Motors (NYSE: F) revealed this past Sunday that while negotiations between the Detroit automaker and the United auto Workers (UAW) union have made strides in certain areas, they still have "significant gaps to close" on key economic issues before they can finalize a fresh labor agreement.

The "issues are interconnected and must work within an overall agreement... More

Roku's (ROKU) 2024 lower net operating losses critical for investors belief in winning business model - CFRA

CFRA Research upgraded Roku (NASDAQ: ROKU) to Hold from Sell, raising the price target by $10 to $75 per share in a note Friday.

The firm told investors that ROKU's share price enjoys a risk-on view to its streaming operating system given the sizable market... More

Charter Communications (CHTR) lifted at Wells Fargo with roll-to-pay the key debate

Charter Communications (NASDAQ: CHTR) was lifted to Overweight from Equal-Weight at Wells Fargo on Friday, with analyst Steven Cahall raising the price target to $550 from $450 per share.

Cahal told investors in a note that they see mobile roll-to-pay, rural growth and video contributing... More

Ford (F) gains as UAW announces progress in negotiations ahead of strike expansion deadline

Shares of Ford Motor (NYSE: F) surged by 4.4% in early trading following reports that the United Auto Workers (UAW) will announce substantial progress in its discussions with the automaker as we approach a Friday deadline for securing fresh labor agreements before the union potentially escalates its strike with the Detroit Three automakers.

shares of General Motors (NYSE: GM) were up 0.4%, giving back... More

Wayfair (W) upgraded at Bernstein on improving revenue growth, but long-term outlook remains

Bernstein analyst Nikhil Devnani upgraded shares of Wayfair (NYSE: W) to Market-Perform from Underperform, with a new price target of $65, up from $60 per share in a note Friday.

The analyst said the move to upgrade the stock was more of a tactical call, given... More

UK set to clear Microsoft's Activision Blizzard acquisition after restructured deal 'opens the door'

The restructured deal for Microsoft (NASDAQ: MSFT) to acquire Activision Blizzard (NASDAQ: ATVI) "opens the door" for the deal being cleared in the UK, the country's Competition and Markets Authority (CMA) said Friday.

The $69 billion acquisition was announced in 2022 but... More