WESCO International stock price target raised to $305 by Oppenheimer

Oppenheimer has downgraded Denny's stock rating to 'Perform' following news of an acquisition. This change reflects concerns about the potential impact of the acquisition on Denny's future performance. Investors should pay attention to how this decision might affect the company's stock value and overall market perception.

Oppenheimer has reinstated Costco as a Top Pick, signaling strong confidence in the retailer's performance. This decision is significant as it reflects Oppenheimer's belief in Costco's robust business model and growth potential, which could attract more investors and boost the company's stock.

Oppenheimer has revised its stock price target for Costco, lowering it from $1,130 to $1,050. This adjustment reflects concerns about the company's future performance and market conditions. Investors should take note, as such changes can impact stock value and investor confidence.

In a positive move for investors, a director of the First Trust Mortgage Income Fund has purchased $6,000 worth of shares. This kind of insider buying often signals confidence in the company's future performance, which can be reassuring for current and potential investors. Such actions can indicate that those closest to the company believe in its growth prospects, making it a noteworthy development in the financial landscape.

Berenberg has initiated coverage of SigmaRoc with a Hold rating and set a price target of GBP 1.20. This move indicates a cautious approach towards the company's stock, suggesting that while it may not be a strong buy, it is also not expected to decline significantly. Investors should pay attention to this rating as it reflects Berenberg's analysis of SigmaRoc's potential in the market.

In a recent discussion, IBM's CEO expressed a contrasting view to JPMorgan's Jamie Dimon regarding the use of technology during meetings. While Dimon considers checking emails or texting disrespectful, IBM's leader believes it depends on the context and the number of participants. This debate highlights the evolving norms around technology in professional settings and raises questions about communication etiquette in the workplace.

MSNBC is embarking on a significant rebranding initiative with a budget of $20 million aimed at clarifying its identity and reducing viewer confusion. This move is crucial as it seeks to strengthen its position in the competitive media landscape, ensuring that audiences can easily recognize and connect with the network's offerings. By investing in a clear and cohesive brand image, MSNBC hopes to enhance viewer loyalty and attract new audiences, making this rebranding effort a pivotal moment for the network.

CytomX Therapeutics has seen a significant rise in its stock price following promising initial data indicating that its experimental drug, CX-801, is functioning as intended. This development is crucial as it suggests potential effectiveness in treating certain conditions, which could lead to further investment and interest in the company's future products. Investors are optimistic about the implications of this data, as successful trials can pave the way for new treatments and boost the company's market position.

Norway's stock market closed lower today, with the Oslo OBX index dropping by 0.62%. This decline reflects broader concerns in the market, impacting investor confidence and signaling potential economic challenges ahead. Such fluctuations are important to watch as they can influence investment strategies and economic forecasts.