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U.S. STOCKS Wave Life Sciences, Dominion Energy, Voyager Therapeutics

BUZZ-U.S. STOCKS ON THE MOVE-Wave Life Sciences, Dominion Energy, Voyager Therapeutics The Dow regained some lost ground on Wednesday although the S&P 500 and the Nasdaq stumbled, dragged lower by declines in megacap technology stocks, while the broader market gained from upbeat quarterly earnings from banks, notably Morgan Stanley. .N At 11:32 ET, the Dow Jones Industrial Average .DJI was up 0.4% to 42,924.64 at 11:34, pares gain.
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Cisco rises; Citigroup upgrades to 'buy' on AI opportunities

BUZZ-Cisco rises; Citigroup upgrades to 'buy' on AI opportunities Updates ** Shares of network equipment maker Cisco Systems CSCO.O rise 2.4% to $55.33 in morning trading ** Citigroup upgrades rating to "buy" from "neutral"; raises PT to $62 from $52, which represents an upside of ~15% to stock's last close ** CSCO to benefit from an expanding total addressable market of ethernet AI and a narrowing valuation gap vs.
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U.S. STOCKS United Airlines, Morgan Stanley, Autodesk

BUZZ-U.S. STOCKS ON THE MOVE-United Airlines, Morgan Stanley, Autodesk Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were on track for a muted open on Wednesday, following a selloff in tech and oil stocks in the previous session, as investors parsed quarterly results from banks including Morgan Stanley.
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U.S. STOCKS Gold miners, J.B. Hunt, Cisco Systems

BUZZ-U.S. STOCKS ON THE MOVE-Gold miners, J.B. Hunt, Cisco Systems Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures were largely subdued on Wednesday, following a selloff in tech and oil stocks in the previous session, as investors awaited quarterly results from Morgan Stanley and other banks.
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Cisco rises, Citigroup upgrades to 'buy' on AI opportunities

BUZZ-Cisco rises, Citigroup upgrades to 'buy' on AI opportunities ** Shares of network equipment maker Cisco Systems CSCO.O rise 1.6% to $54.93 premarket ** Citigroup upgrades rating to "buy" from "neutral"; raises PT to $62 from $52, which represents an upside of ~15% to stock's last close ** CSCO to benefit from an expanding total addressable market of ethernet AI and a narrowing valuation gap vs.
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Platinum Equity's Ingram Micro targets up to $5.4 bln valuation in US IPO

UPDATE 3-Platinum Equity's Ingram Micro targets up to $5.4 bln valuation in US IPO Ingram set to go public again, 28 years after initial NYSE debut Ingram, PE firm seek to raise as much as $428 mln Platinum Equity will remain controlling shareholder post-IPO Capital World Investors may buy shares worth up to $70 mln Adds analyst comments in paragraphs 4-5 By Arasu Kannagi Basil Oct 15 (Reuters) - Ingram Micro said on Tuesday it was seeking a valuation of up to $5.42 billion as the technology pro
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US judicial panel to examine litigation finance disclosure

UPDATE 1-US judicial panel to examine litigation finance disclosure Adds comment from litigation funding group in paragraph 16 By Nate Raymond Oct 10 (Reuters) - A federal judicial rules-making panel on Thursday agreed to study whether a nationwide rule requiring disclosure of third-party litigation funding in lawsuits is necessary at the urging of major companies, business groups and Republican lawmakers .
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US judicial panel to examine litigation finance disclosure

US judicial panel to examine litigation finance disclosure By Nate Raymond Oct 10 (Reuters) - A federal judicial rules-making panel on Thursday agreed to study whether a nationwide rule requiring disclosure of third-party litigation funding in lawsuits is necessary at the urging of major companies, business groups and Republican lawmakers . After a decade of weighing whether it should do anything to regulate the emerging field of litigation finance, the U.S.
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US lawmaker calls for litigation funding disclosures

US lawmaker calls for litigation funding disclosures By Sara Merken Oct 7 (Reuters) - A federal lawmaker has introduced legislation that would require the disclosure of third-party funding in civil lawsuits. U.S. Republican Representative Darrell Issa of California on Friday introduced a bill that calls for parties in civil litigation to tell the court and other named parties the identity of third-party that has the right to receive payment that is contingent on the outcome of a case or group or
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AI startups ride on investor frenzy to raise billions in 2024

FACTBOX- AI startups ride on investor frenzy to raise billions in 2024 Oct 4 (Reuters) - OpenAI recently closed a $6.6 billion funding round at a $157 billion valuation that highlighted the enthusiasm around generative artificial-intelligence technology since the startup burst onto the scene with the launch of ChatGPT in late 2022. Since then a number of AI startups have managed to attract funding from well-known venture-capital funds and angel investors.
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Companies ask US judiciary group to force lawsuit funding disclosures

UPDATE 1-Companies ask US judiciary group to force lawsuit funding disclosures Adds comment in paragraphs 11, 12 from funding advocate By Mike Scarcella Oct 3 (Reuters) - More than 100 major companies from the technology, pharmaceutical, automotive and other sectors have urged the U.S. judiciary to adopt a nationwide rule requiring disclosure of third-party litigation funding in lawsuits.
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Companies ask US judiciary group to force lawsuit funding disclosures

UPDATE 1-Companies ask US judiciary group to force lawsuit funding disclosures Adds comment in paragraphs 11, 12 from funding advocate By Mike Scarcella Oct 3 (Reuters) - More than 100 major companies from the technology, pharmaceutical, automotive and other sectors have urged the U.S. judiciary to adopt a nationwide rule requiring disclosure of third-party litigation funding in lawsuits.
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Cisco set to invest in CoreWeave at $23 bln valuation, Bloomberg News reports

CORRECTED-UPDATE 1-Cisco set to invest in CoreWeave at $23 bln valuation, Bloomberg News reports (Oct. 3) Corrects paragraph 3 in Oct. 3 story to drop reference to CEO Michael Intrator Oct 3 (Reuters) - Cisco Systems CSCO.O is set to invest in CoreWeave, valuing the cloud services provider at $23 billion, according to a Bloomberg News report on Thursday, citing people familiar with the matter.
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Companies ask US judiciary group to force lawsuit funding disclosures

Companies ask US judiciary group to force lawsuit funding disclosures By Mike Scarcella Oct 3 (Reuters) - More than 100 major companies from the technology, pharmaceutical, automotive and other sectors have urged the U.S. judiciary to adopt a nationwide rule requiring disclosure of third-party litigation funding in lawsuits. Companies including Amazon.com, Google, Cisco, Meta, Comcast, Exxon, Zurich, Eli Lilly, Bayer, Ford, Pfizer and Novartis submitted the letter on Wednesday to the federal cou
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Cisco set to invest in Coreweave at $23 bln valuation, Bloomberg News reports

Cisco set to invest in Coreweave at $23 bln valuation, Bloomberg News reports Oct 3 (Reuters) - Cisco Systems CSCO.O is set to invest in Coreweave, valuing the cloud services provider at $23 billion, according to a Bloomberg News report on Thursday, citing people familiar with the matter. Reporting by Akash Sriram in Bengaluru; Editing by Mohammed
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Cisco Nears Investment In Coreweave At $23 Bln Valuation - Bloomberg News

BRIEF-Cisco Nears Investment In Coreweave At $23 Bln Valuation - Bloomberg News Oct 3 (Reuters) - CISCO NEARS INVESTMENT IN COREWEAVE AT $23 BILLION VALUATION - BLOOMBERG NEWS Source text : https://tinyurl.com/25fo9bmu Further company coverage: CSCO.O
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Greylock-backed Resolve AI raises $35 million in seed funding to help engineers

Greylock-backed Resolve AI raises $35 million in seed funding to help engineers By Krystal Hu Oct 1 (Reuters) - Resolve AI, a startup aiming to automate software operations, has raised $35 million in seed funding from investors led by Greylock, as the latest entrants to the space of developing AI-powered tools for software engineers. It is the largest check written so far this year by the Silicon Valley venture capital firm that has backed companies such as Airbnb and Meta.
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Smartsheet to go private in $8.4 bln deal with PE firms Vista and Blackstone

UPDATE 3-Smartsheet to go private in $8.4 bln deal with PE firms Vista and Blackstone Adds analyst comments in paragraphs 6-7, 9-10 By Rishi Kant Sept 24 (Reuters) - Workplace collaboration software maker Smartsheet will be taken private by Vista Equity Partners and Blackstone in a deal worth $8.4 billion, the companies said on Tuesday, in the latest sign that buyout deals were picking up steam after a dull 2023. Smartsheet SMAR.N investors will get $56.50 per share in cash, an 8.5% premium over
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Cisco And University Of Ottawa Equip Engineering Students With Job-Ready It And Cybersecurity Skills

BRIEF-Cisco And University Of Ottawa Equip Engineering Students With Job-Ready It And Cybersecurity Skills Sept 24 (Reuters) - Cisco Systems Inc CSCO.O : CISCO AND UNIVERSITY OF OTTAWA EQUIP ENGINEERING STUDENTS WITH JOB-READY IT AND CYBERSECURITY SKILLS Source text for Eikon: ID:nGNX8lqtLm Further company coverage: CSCO.O
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Canadian National Railway relocates operations from tourist town Jasper due to wildfire threat

Canadian National Railway relocates operations from tourist town Jasper due to wildfire threat Sept 19 (Reuters) - Canadian National Railway CNR.TO will relocate its operations from Jasper, a town in the province of Alberta, to Hinton, about 100 kilometers away, said the Teamsters Canada Rail Conference in a statement. The popular tourist town, which is vulnerable to wildfires, was ravaged by one in late July .
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