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Snap-On (NYSE:SNA) Reaches New 12-Month High – Should You Buy?
themarketsdaily13d ago

Snap-On (NYSE:SNA) Reaches New 12-Month High – Should You Buy?

Snap-On Incorporated (NYSE:SNA – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $375.28 and last traded at $368.4850, with a volume of 60676 shares traded. The stock had previously closed at $370.07. Wall Street Analysts Forecast Growth Several analysts recently commented [...]

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Canadian Imperial Bank of Commerce (NYSE:CM) Sets New 1-Year High – Should You Buy?
themarketsdaily13d ago

Canadian Imperial Bank of Commerce (NYSE:CM) Sets New 1-Year High – Should You Buy?

Canadian Imperial Bank of Commerce (NYSE:CM – Get Free Report) (TSE:CM)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $94.54 and last traded at $93.5330, with a volume of 129628 shares. The stock had previously closed at $93.13. Wall Street Analyst Weigh In A [...]

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Redwire (RDW) Stock Pulls Back As Traders Digest Missile Defense Win
benzinga13d ago

Redwire (RDW) Stock Pulls Back As Traders Digest Missile Defense Win

Redwire Corporation (NASDAQ:RDW) shares are trading lower Thursday as the stock continues to pull back from recent strength. The pullback comes as traders potentially take profits and digest the company's latest major contract announcement. Here’s what investors need to know.Redwire shares are sliding. Why is RDW stock falling?$151 Billion Missile Defense Agency SHIELD Contract Sparks RallyRedwire shares jumped Tuesday after the company said it secured a spot on the Missile Defense Agency's Multi-Vendor SHIELD IDIQ contract, under its $151 billion defense program. The program is designed to support U.S. homeland defense with advanced missile-tracking and intercept capabilities.Participation in the SHIELD IDIQ positions Redwire to compete for task orders across a wide range of missile defense work, potentially boosting long-term revenue opportunities if the company successfully wins follow-on awards.Why RDW Stock Is Pulling Back TodayDespite the positive contract news, RDW stock is ...Full story available on Benzinga.com

#ECONOMY
Trump’s Tariff Boasts Blown Up as Trade Deficit Balloons
thedailybeast13d ago

Trump’s Tariff Boasts Blown Up as Trade Deficit Balloons

Win McNamee/Getty ImagesThe U.S. trade deficit soared in November, nearly doubling the previous month as President Donald Trump’s widespread use and threat of tariffs have led to intense trade volatility. The trade deficit was up nearly 95 percent in November from the prior month, or $27.6 billion, hitting $56.8 billion, according to the latest data released by the Commerce Department’s Bureau of Economic Analysis. It was a sharp reversal from previous months, when the deficit had been shrinking and even hit its lowest level since 2009 in October. Read more at The Daily Beast.

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miningweekly13d ago

Sibanye-Stillwater updates on strategy, structure, capital allocation, implementation

South African gold is a strategic priority, and that includes the Burnstone project, and South African platinum group metals (PGMs) are certainly strategic priorities and that includes a number of PGM projects. Sibanye-Stillwater CEO Dr Richard Stewart highlighted this on Thursday, January 29, when he also presented new information on organisational structure, operational and capital allocation detail, and expected implementation outcomes.

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Bitcoin Whale Panic-Sells 200 BTC in Devastating $8 Million Loss Amid Market Turmoil
bitcoinworld13d ago

Bitcoin Whale Panic-Sells 200 BTC in Devastating $8 Million Loss Amid Market Turmoil

BitcoinWorldBitcoin Whale Panic-Sells 200 BTC in Devastating $8 Million Loss Amid Market TurmoilIn a stark demonstration of cryptocurrency market volatility, a major Bitcoin holder executed a panic sale of 200 BTC this week, crystallizing a devastating loss estimated at $8 million. This significant transaction, originating from an anonymous wallet, underscores the intense pressure large investors face during market downturns and provides a critical case study in on-chain [...]This post Bitcoin Whale Panic-Sells 200 BTC in Devastating $8 Million Loss Amid Market Turmoil first appeared on BitcoinWorld.

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