UMC Reports Fourth Quarter 2024 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/3/2026
- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Equities close higher as softer jobs data quiets rate-hike expectations
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Tanker struck by projectile in Strait of Hormuz
- AppLovin shares fall after court denies request against Unity
Citi Double Downgrades United Microelectronics Corp (2303:TT) (UMC) to Sell
January 21, 2025 12:21 PM ESTCiti analyst Roland Shu downgraded United Microelectronics Corp (2303:TT) (NYSE: UMC) from Buy to Sell with a price target of TWD40.00 (from TWD55.00).
The analyst comments "UMCs 4Q24 net profit of NT$8.5bn (down 41% QoQ, down 36% YoY) was well below Citi and... More
