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The Latest Breaking News from RBC

RBC Capital Remains On Sidelines For This MedTech Stock

Stryker Corporation (NYSE: SYK) reported 1Q FY22 results that beat on the top and bottom line, reflecting a solid rebound in procedure volumes in March.

Benzinga

Why This Analyst Thinks Tenet Healthcare's 'Q1 In Line On Solid Execution'

RBC Capital Markets views Tenet Healthcare Corp's (NYSE:THC) Q1 earnings in-line with expectations reflecting solid execution and labor cost management amid January omicron headwinds. The analysts have raised the price target from $89 to $104 (41% upside) with an Outperform rating. Against an increasingly difficult labor backdrop characterized by high agency utilization, Tenet could hold…

Benzinga

Report: Chinese credit card processor rebuffs Russian banks

A Russian news outlet says China's credit card processor has refused to work with banks in Russia for fear of being targeted by sanctions over its attack on Ukraine

The Independent UK

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Analysts Say Acadia's Negative Pain Data Increases Focus On Pimavanserin For Alzheimer's-Related Psychosis

Acadia Pharmaceuticals Inc (NASDAQ:ACAD) announced the primary endpoint miss of the phase 2 POC study of ACP-044 in acute postoperative pain following bunionectomy, a surgical procedure that moves toes back into the correct position. RBC Capital Markets writes that although trends of pain reduction were observed in the 400 mg QID ACP-044 arm compared…

Benzinga

With his bunker shot now part of Masters lore, new No. 2 Collin Morikawa ready for RBC Heritage

Collin Morikawa is ready to tackle the Pete Dye-designed Harbour Town course.

USA Today Sports Media Group

Rivian Analyst Thinks Stock Reflect Strong Mid-term Risk/Reward Profile But Warns Of This Imminent Risk

Rivian Automotive, Inc. (NASDAQ: RIVN) announced Tuesday, first-quarter production numbers that were in line with the company's expectations.

Benzinga

Royal Bank of Canada buys City wealth manager Brewin Dolphin for £1.6 billion

BREWIN Dolphin, one of the oldest names in the City, is being sold to Royal Bank of Canada in £1.6 billion deal.

Evening Standard

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Brewin Dolphin set to be acquired by RBC in £1.6bn deal

The wealth manager, which has offices across Scotland, is recommending the deal to shareholders

Insider UK

Brewin Dolphin to be acquired by Royal Bank of Canada in £1.6bn deal

The wealth manager, which has a strong presence in the North East and around UK regions, is recommending the deal to shareholders

Birmingham Post

Read Why RBC Capital Slashed Price Targets Of Uber, Lyft

RBC Capital analyst Brad Erickson slashed the price target on Uber Technologies Inc (NYSE:UBER) to $50 from $65 (57% upside) but kept an Outperform. Erickson cut the price target on Lyft Inc (NASDAQ:LYFT) to $50 from $53 (37% upside) and kept an Outperform. Erickson cited the findings from RBC's proprietary driver supply analysis that gave a relative…

Benzinga

Coupa Analysts Unanimously Think Shares Are Fairly Valued Following Post-Earnings Sell-off; 'Improvement Will Take Time'

Coupa Software Inc (NASDAQ: COUP) shares are tumbling on Tuesday after the business spend management software provider issued a below-consensus revenue forecast.

Benzinga

Johnson, Jones highlight most infamous Olympic doping cases

Russian star Kamila Valieva is at the center of the biggest doping story of the Beijing Games after Russian newspaper RBC reported that the figure skater tested positive for a banned substance before the Olympics

The Independent UK

Olympics Live: Russian skater positive for banned medication

Olympic figure skating favorite Kamila Valieva tested positive for a banned heart medication before her arrival at the Beijing Olympics, the Russian newspaper RBC reported, putting in jeopardy the team gold medal that she helped win earlier this week

The Independent UK

Report: Valieva tests positive for banned heart medication

Olympic favorite Kamila Valieva tested positive for a banned heart medication before her arrival at the Beijing Olympics, the Russian newspaper RBC reported, putting in jeopardy the team gold medal that she helped win earlier this week

The Independent UK

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