Deep-pocketed investors have adopted a bearish approach towards Lam Research ( LRCX ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in LRCX usually suggests something big is about to happen. We gleaned this information...

10:44 AM EDT, 05/28/2024 (MT Newswires) -- S&P Global Ratings said Tuesday that it has affirmed all its ratings on Canadian Pacific Railway (CP.TO) and related subsidiaries, including its BBB+ issuer credit rating on the company. In summary, the rating agency believes the freight railroad services provider is well-positioned to deleverage to the mid-20% area for funds from operations to...

10:41 AM EDT, 05/28/2024 (MT Newswires) -- GameStop ( GME ) shares were up nearly 15% in recent Tuesday trading, extending gains from late Friday, after the company said it completed an offering of 45 million shares priced at-the-market, generating $933.4 million in gross proceeds. After paying underwriter commissions and other offering expenses, the retail chain plans to use the...

(Reuters) -U.S. trading moved to a shorter settlement on Tuesday, which regulators hope will reduce risk and improve efficiency in the world's largest financial market but may temporarily lead to a rise in transaction failure for investors. To comply with a rule change the U.S. Securities and Exchange Commission (SEC) adopted last February, investors in U.S. equities, corporate and municipal...