11:34 AM EST, 01/15/2025 (MT Newswires) -- RBC reports that its Canadian Airlines Heatmap points to weaker leading indicators, including airfares, web traffic, and decelerating North American RPKs (revenue passenger kilometre). The focus for Air Canada ( ACDVF ) remains on 2025, which analyst James McGarragle expects to be a tough operating environment. McGarragle's Street-low estimates move lower on fuel,...

11:25 AM EST, 01/15/2025 (MT Newswires) -- Ribbon Acquisition Corp units (RIBBU) were slightly higher in their trading debut on Nasdaq Wednesday after the blank check company priced its initial public offering of 5 million units at $10.00 per unit. The units were up about 0.2% in recent trading after opening at $10.02. Each unit consists of one Class A...

11:29 AM EST, 01/15/2025 (MT Newswires) -- The US Federal Trade Commission and the states of Illinois and Minnesota filed a lawsuit against Deere (DE) for allegedly driving up equipment repair costs for farmers and depriving them of the ability to make timely repairs on important farming equipment. Illegal repair restrictions can be devastating for farmers, who rely on affordable...

Palo Alto Networks, Inc. ( PANW ) shares are trading higher on Wednesday. In fact, shares of software companies are trading higher amid overall market strength after CPI data was in line with estimates and core CPI rose by less than expected. Meanwhile, Palo Alto announced it is working with International Business Machines Corporation ( IBM ) and the U.K....