12:08 PM EDT, 05/29/2024 (MT Newswires) -- (Updates with stock move in the headline and first paragraph, and analyst actions in the fourth paragraph.) American Airlines Group ( AAL ) shares fell 14% in recent trading Wednesday after the company cut its Q2 earnings guidance. Adjusted earnings per diluted share for the June quarter are now expected between $1 and...

12:10 PM EDT, 05/29/2024 (MT Newswires) -- Duckhorn Portfolio's ( NAPA ) recent acquisition of Sonoma-Cutrer should help the winery company build top-line growth over time although the company and its stock may continue to be knocked around for a while before recovering, RBC Capital Markets said in a research note on Wednesday. The RBC analysts cut their price target...

12:09 PM EDT, 05/29/2024 (MT Newswires) -- The California Public Employees' Retirement System tentatively intends to vote against a proposed $56 billion pay package for Tesla (TSLA) Chief Executive Elon Musk, CalPERS CEO Marcie Frost said Wednesday. As of today, minus the conversation that has yet to happen with Tesla, we would not be voting in favor of that proposal,...

12:10 PM EDT, 05/29/2024 (MT Newswires) -- T. Rowe Price Group ( TROW ) said Wednesday it has teamed up with Ascensus to enhance the online platform and mobile experience for 529 plan account owners. The company said it will remain as the investment and program manager for its four state-sponsored 529 plans, with Ascensus providing recordkeeping and account servicing...