To The Moon

This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Baxter International Inc. sank 0.33% to $33.02 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.49 and the Dow Jones Industrial Average rising 0.69% to 45,014.04.This was the stock's third consecutive day of losses.Baxter International Inc. closed $10.99 short of its 52-week high , which the company achieved on March 8th.The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Medtronic PLC fell 0.46% to $85.32, Stryker Corp. fell 0.31% to $389.76, and Becton Dickinson & Co. rose 0.08% to $221.43.Trading volume remained 372,111 below its 50-day average volume of 3.9 M.Data source: Dow Jones Market Data, FactSet. Data compiled December 4, 2024.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published i

Shipping company shares are under heavy selling pressure Tuesday as investors weighted news of a possible ceasefire between Israel and Hamas, which could result in merchant vessels returning to the Red Sea and lowering freight rates. Shares in A.P. Moller-Maersk and Hapag-Lloyd , which had raised guidance along with Q1 earnings as the Red Sea conflict pushed prices up, both fell more than 6% in European afternoon trading. In early U.S. trading, ZIM Integrated Shipping -13.6%, Frontline -5.1%, Scorpio Tankers -4.4%, Torm -4.4%, Safe Bulkers -4%, Teekay Tankers -3.8%, Danaos -3.8%, Tsakos Energy Navigation -3.5%, Star Bulk Carriers -3.2%, Euronav -3%, Costamare -2.9%, International Seaways -2.8%, Nordic American Tankers -2.5%, Teekay Corp. -2.3%. A ceasefire agreement likely would lead to a reduction or complete stop of Houthi attacks on ships in the Red Sea, which could see container ships return to the key shipping lane, meaning that 4% of global fleet capacity will co

Ardagh is poised to benefit from long-term expected global growth for metal cans.Ardagh's efforts to increase cash flow are materializing and can help drive the stock higher.Ardagh's low valuation as

Restaurant Brands International Inc. QSR is set to expand its Firehouse Subs brand’s presence in the Middle East. Recently, the brand inked a deal with the Apparel Group to unveil over 100 Firehouse Subs restaurants across the United Arab Emirates and Oman over the next 10 years.The collaboration between QSR's Firehouse Subs and the Apparel Group is poised to enhance the brand's international reach. The Apparel Group has been a strong partner with its robust track record of managing the company's Tim Hortons brand in the Middle East/North Africa region since 2013. QSR anticipates that the extensive experience and expertise of the Apparel Group will offer numerous advantages for the ongoing expansion of the brand.