Kellogg, FedEx Get Boost in Married Worker Pension Rehearing Bid
Kellogg Co. and FedEx Corp. have received a boost in their efforts to revisit a recent court decision regarding pension calculations for married workers. The Sixth Circuit Court of Appeals has ordered retirees to respond to the companies' petitions for a rehearing. The core issue revolves around whether pensions with post-death payments for surviving spouses are actuarially equivalent to traditional single-life pensions, especially when outdated life expectancy data is used.
Denison Mines stock gains 1.79% as price holds above key moving averages
Denison Mines (DNN) stock rose 1.79% to $3.99, maintaining a bullish technical pattern as its price remains above its 20-day, 50-day, and 200-day moving averages. While technical indicators like MACD and ADX are neutral, RSI is in buy territory, though CCI and Stoch RSI suggest overbought conditions. Experts anticipate sideways consolidation or a slight increase this week, with a potential breakout above $4.18 if momentum continues, but caution is advised due to overbought oscillators hinting at a possible near-term pullback.
DouYu International Holdings Limited Filed Its Annual Report on Form 20-F
DouYu International Holdings Limited announced that it has filed its annual report on Form 20-F with the Securities and Exchange Commission (SEC) for the fiscal year ended December 31, 2025. The report, containing audited consolidated financial statements, was filed on April 17, 2026, Eastern Time. Shareholders and ADS holders can request hard copies of the report free of charge.
Amcor Debuts Apex Jars and Flava Closure
Amcor has introduced significant packaging innovations, including Apex PET jars with Elevate technology for enhanced hot-fill capabilities and reduced shipping costs, and a lightweight Flava Flip Top Closure for various sauces. Additionally, the company is investing millions of euros in a new printing line in the Netherlands to boost its industrial film capabilities across Europe. These advancements aim to improve sustainability, efficiency, and performance in packaging.
Whittier Trust Co. Acquires 8,090 Shares of Philip Morris International Inc. $PM
Whittier Trust Co. increased its stake in Philip Morris International Inc. by 2.2% in Q4, acquiring an additional 8,090 shares to bring its total holdings to 380,288 shares valued at $59.0 million. This comes despite significant insider sales from CFO Emmanuel Babeau and CEO Jacek Olczak. The company maintains an average analyst rating of "Moderate Buy" with a target price of $195.72, and offers a quarterly dividend of $1.47.
Gilead extends Arcellx tender offer again (GILD:NASDAQ)
Gilead Sciences has once again extended its tender offer to acquire all outstanding shares of Arcellx. As of April 16, nearly 18% of Arcellx's outstanding shares have been tendered. This marks another extension in Gilead's efforts to complete the acquisition.
Scotiabank Flags CAD $85 Million Adjusted Q2 Boost From KeyCorp Stake
Scotiabank anticipates a CAD $85 million adjusted boost to its Q2 2026 earnings from its stake in U.S. regional lender KeyCorp. This reflects a CAD $77 million net income contribution from KeyCorp's Q1 performance, after a one-month reporting lag, and excludes approximately CAD $8 million in intangible amortization. Scotiabank, operating as Bank of Nova Scotia (TSE:BNS), expects to release its Q2 results on May 27, 2026.
BofA raises Western Digital stock price target on margin outlook By Investing.com
BofA Securities has raised its price target for Western Digital Corp. (NASDAQ:WDC) to $415 from $375, maintaining a Buy rating due to an improved margin outlook. The firm anticipates Western Digital will exceed its Q3 fiscal 2026 revenue, margins, and EPS guidance, driven by incremental gross margins and secular growth in the hard disk drive market. Despite the bullish analyst outlook, InvestingPro analysis suggests the stock might be overvalued based on its Fair Value assessment, although it is trading at a low P/E relative to near-term earnings growth.
BofA raises Western Digital stock price target on margin outlook
BofA Securities has increased its price target for Western Digital Corp. (NASDAQ:WDC) to $415 from $375, maintaining a Buy rating, citing an optimistic outlook on the company's gross margin expansion. The firm's analysis projects Western Digital's third-quarter fiscal 2026 revenue, margins, and EPS to surpass guidance, especially noting incremental gross margins above 70%. The upgrade also considers the secular growth in the hard disk drive market and strong enterprise demand, despite InvestingPro's suggestion that the stock may be overvalued based on its Fair Value assessment.
Welch Group LLC Sells 11,799 Shares of Aflac Incorporated $AFL
Welch Group LLC reduced its stake in Aflac Incorporated by 18.0% during the fourth quarter, selling 11,799 shares and retaining 53,635 shares valued at $5.914 million. Aflac missed quarterly earnings estimates, reporting $1.57 EPS against a $1.69 consensus, with revenues down 9.6% year-over-year. Insider selling of Aflac stock has been significant, totaling 572,632 shares worth approximately $63.5 million in the last three months, though institutional investors hold a substantial 67.44% of the stock.

