RBC Capital analyst Ashish Sabadra initiated coverage on Nasdaq Inc ( NDAQ ) with an Outperform rating and a price target of $88. The price target reflects higher growth prospects and a higher degree of recurring revenue mix following the acquisition of Adenza, and growth in Solutions revenues, the analyst says. Nasdaq’s peer group is trading at an average of 21...

01:49 PM EDT, 09/27/2024 (MT Newswires) -- Consumer stocks were rising Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.1% higher. In corporate news, Costco's (COST) fiscal Q4 earnings rose more than expected while the warehouse chain's revenue fell short of Wall Street's estimates. Its shares...

01:54 PM EDT, 09/27/2024 (MT Newswires) -- GR Silver Mining ( GRSLF ) on Friday said it closed a non-brokered private placement that raised $2.37 million. The company placed 14.8-million units in the financing, with each priced at $0.16 and made up of a share and one half of a two-year warrant to buy a second share for C$0.22. Proceeds...

Sept 27 (Reuters) - Canadian National Railway ( CNI ) said on Friday that labor union Unifor has filed a notice of dispute to the Canadian Minister of Labor, just three days after initiating negotiations. Also known as conciliation, the notice of dispute can be sent by either party to the Canadian Minister of Labor during a negotiation and typically...