{"id":61626,"date":"2025-02-20T15:15:46","date_gmt":"2025-02-20T15:15:46","guid":{"rendered":"https:\/?p=61626"},"modified":"2025-02-20T15:15:46","modified_gmt":"2025-02-20T15:15:46","slug":"top-corporate-stock-news-february-20th-2025","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/top-corporate-stock-news-february-20th-2025\/","title":{"rendered":"Top Corporate Stock News: February 20th, 2025"},"content":{"rendered":"<h2 data-start=\"83\" data-end=\"98\"><a href=\"https:\/?p=61626&amp;preview=true\">Stock News:<\/a><\/h2>\n<ol data-start=\"99\" data-end=\"3421\">\n<li data-start=\"99\" data-end=\"236\"><strong data-start=\"102\" data-end=\"119\">Alphabet Inc:<\/strong> Milan prosecutors plan to drop a case against the company after it agreed to pay $340 million to settle a tax claim.<\/li>\n<li data-start=\"237\" data-end=\"333\"><strong data-start=\"240\" data-end=\"254\">Apple Inc:<\/strong> The company is set to launch a new budget iPhone model to compete with rivals.<\/li>\n<li data-start=\"334\" data-end=\"467\"><strong data-start=\"337\" data-end=\"364\">AtkinsRealis Group Inc:<\/strong> CIBC raised its target price to C$92 from C$88 after acquiring a 70% stake in David Evans Enterprises.<\/li>\n<li data-start=\"468\" data-end=\"591\"><strong data-start=\"471\" data-end=\"490\">Bombardier Inc:<\/strong> Canadian investigators are probing a Delta Air Lines crash involving a Bombardier-made regional jet.<\/li>\n<li data-start=\"592\" data-end=\"686\"><strong data-start=\"595\" data-end=\"613\">BHP Group Ltd:<\/strong> Raised $3 billion through senior unsecured bonds for corporate purposes.<\/li>\n<li data-start=\"687\" data-end=\"784\"><strong data-start=\"690\" data-end=\"701\">BP Plc:<\/strong> <a href=\"https:\/\/www.stocktargetadvisor.com\/stock\/USA\/NYE\/BHP\">BHP<\/a> considering selling its Castrol lubricants business for approximately $10 billion.<\/li>\n<li data-start=\"785\" data-end=\"925\"><strong data-start=\"788\" data-end=\"819\">Cadence Design Systems Inc:<\/strong> Forecasted annual revenue and profit below analyst estimates due to soft demand for chip design software.<\/li>\n<li data-start=\"1019\" data-end=\"1137\"><strong data-start=\"1022\" data-end=\"1039\">Chevron Corp:<\/strong> Plans to lay off 8,000 employees amid a decline in oil prices and a reduced 2024 profit forecast.<\/li>\n<li data-start=\"1138\" data-end=\"1247\"><strong data-start=\"1142\" data-end=\"1163\">CoStar Group Inc:<\/strong> Forecasted annual revenue below estimates due to challenges in the property market.<\/li>\n<li data-start=\"1248\" data-end=\"1401\"><strong data-start=\"1252\" data-end=\"1282\">Constellation Energy Corp:<\/strong> Skipped its quarterly earnings investor call, opting for a prior call due to its $16.4 billion acquisition of Calpine.<\/li>\n<li data-start=\"1402\" data-end=\"1514\"><strong data-start=\"1406\" data-end=\"1430\">Delta Air Lines Inc:<\/strong> Investigators are analyzing black boxes from a Delta regional jet crash in Toronto.<\/li>\n<li data-start=\"1515\" data-end=\"1638\"><strong data-start=\"1519\" data-end=\"1541\">Devon Energy Corp:<\/strong> Beat analysts&#8217; expectations for Q4 profit, with higher production compensating for lower prices.<\/li>\n<li data-start=\"1639\" data-end=\"1752\"><strong data-start=\"1643\" data-end=\"1656\">EQT Corp:<\/strong> Beat analysts&#8217; expectations for Q4 profit, benefiting from higher natural gas prices and sales.<\/li>\n<li data-start=\"1753\" data-end=\"1893\"><strong data-start=\"1757\" data-end=\"1773\">Equifax Inc:<\/strong> A lawsuit against the company for monopolizing the market for income and employment verification services will proceed.<\/li>\n<li data-start=\"1894\" data-end=\"1987\"><strong data-start=\"1898\" data-end=\"1916\">Ford Motor Co:<\/strong> Middle managers will not receive stock bonuses this year to cut costs.<\/li>\n<li data-start=\"1988\" data-end=\"2102\"><strong data-start=\"1992\" data-end=\"2048\">Global Blue Group Holding Ltd &amp; Shift4 Payments Inc:<\/strong> Shift4 to acquire Global Blue in a $2.5 billion deal.<\/li>\n<li data-start=\"2103\" data-end=\"2227\"><strong data-start=\"2107\" data-end=\"2129\">HSBC Holdings Inc:<\/strong> Aims to save $1.8 billion in costs by the end of next year, alongside a $2 billion share buyback.<\/li>\n<li data-start=\"2228\" data-end=\"2333\"><strong data-start=\"2232\" data-end=\"2247\">Intel Corp:<\/strong> Silver Lake is in exclusive talks to buy a majority stake in Intel&#8217;s Altera business.<\/li>\n<li data-start=\"2334\" data-end=\"2449\"><strong data-start=\"2338\" data-end=\"2370\">James Hardie Industries Plc:<\/strong> Reported strong Q3 profits, projecting growth and margin expansion for FY2026.<\/li>\n<li data-start=\"2450\" data-end=\"2551\"><strong data-start=\"2454\" data-end=\"2488\">LyondellBasell Industries N.V:<\/strong> Will begin layoffs at its shuttered Houston refinery in April.<\/li>\n<li data-start=\"2552\" data-end=\"2679\"><strong data-start=\"2556\" data-end=\"2590\">National Health Investors Inc:<\/strong> Activist investor Jonathan Litt is launching a proxy fight and nominating two directors.<\/li>\n<li data-start=\"2680\" data-end=\"2792\"><strong data-start=\"2684\" data-end=\"2714\">Occidental Petroleum Corp:<\/strong> Struck deals to divest upstream assets for $1.2 billion, reporting a Q4 loss.<\/li>\n<li data-start=\"2877\" data-end=\"3000\"><strong data-start=\"2881\" data-end=\"2914\">Supernus Pharmaceuticals Inc:<\/strong> Depression treatment trial failed to meet the main goal, causing a decline in shares.<\/li>\n<li data-start=\"3001\" data-end=\"3116\"><a href=\"https:\/\/www.stocktargetadvisor.com\/stock\/USA\/NSD\/TSLA\"><strong data-start=\"3005\" data-end=\"3019\">Tesla Inc:<\/strong><\/a> Progressing toward opening showrooms in New Delhi and Mumbai for selling electric cars in India.<\/li>\n<li data-start=\"3233\" data-end=\"3353\"><strong data-start=\"3237\" data-end=\"3251\">UniCredit:<\/strong> Could withdraw its buyout offer for Banco BPM if shareholders back a competing bid for Anima Holding.<\/li>\n<li data-start=\"3354\" data-end=\"3421\"><strong data-start=\"3358\" data-end=\"3382\">Xerox Holdings Corp:<\/strong> Launched a $1 billion buyback program.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Stock News: Alphabet Inc: Milan prosecutors plan to drop a case against the company after it agreed to pay $340 million to settle a tax&#8230;<\/p>\n","protected":false},"author":3,"featured_media":55651,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-61626","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-blog","post_format-post-format-image"],"acf":[],"yoast_head":"<!-- This site is optimized with the 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