 (OTSJS), Quote.Headers.trade-ideas

Stellantis Leverages Its Management Organisation with Changes to Drive Performance Under the Leadership of Carlos Tavares
The Company also confirmed that the formal process to identify a successor to Carlos Tavares, when he retires at the conclusion of his CEO term in early 2026 is already under way. This is being led by a Special Committee of the Board Chaired by John Elkann and will complete its work by the&nbsp;fourth quarter&nbsp;of 2025.

News

STLA

Reported Earlier, Stellantis CEO Carlos Tavares Prepares For 2026 Retirement, Announces Strategic Leadership Changes

Embraer-Empresa Brasileira De Aeronautica

Reported Earlier, Embraer's E190F E-Freighter Cleared By FAA, Set To Replace Older Models

The units are expected to be listed on the NASDAQ Capital Market (&quot;NASDAQ&quot;) and trade under the ticker symbol &quot;RDACU&quot; beginning October 11, 2024. Each unit consists of one ordinary share and one right. Each right entitles the holder thereof to receive one-tenth (1/10) of one ordinary share upon the consummation of an initial business combination. No fractional rights will be issued upon separation of the units.

IPOs

RDAC

RDACU

Reported Earlier, Rising Dragon Acquisition Corp. Prices $50M Initial Public Offering Of 5M Units At $10/Unit

Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has reportedly been secretly aiding law enforcement agencies in leveraging its products for surveillance purposes.
What Happened: In the last five years, Apple has conducted two &#8220;Global Police Summit&#8221; events gathering police agencies worldwide to discuss the best use of the tech giant&#8217;s products, <a href="https://www.forbes.com/sites/thomasbrewster/2024/10/09/apple-sells-privacy-to-consumers-but-its-quietly-helping-police-use-iphones-for-surveillance/">reported</a> Forbes on Thursday.
This revelation challenges the popular notion that Apple maintains a strained relationship with law enforcement, a belief rooted in its <a href="https://www.benzinga.com/analyst-ratings/analyst-color/16/02/6390642/mark-cuban-on-apples-fbi-denial-amen-a-standing-ovation">refusal to aid the FBI</a> in hacking an iPhone associated with&nbsp;the 2015 San Bernardino terrorist&nbsp;attacks.
See Also:&nbsp;<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41238300/tesla-robotaxi-ambitions-come-as-most-americans-grow-wary-of-autonomous-tech?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla Robotaxi Ambitions Come As Most Americans Grow Wary Of Autonomous Tech</a>
The tech behemoth has been hosting meetings at its Cupertino and Elk Grove campuses and launched undisclosed projects to assist law enforcement in using&nbsp;iPhones, Macs, Vision Pro, and CarPlay.
These summits, attended by delegates from nearly 50 global police departments, provided law enforcement with an opportunity to discuss their technology use in their operations, the report noted.
Apple has also been cultivating relationships with California law enforcement to encourage the use of its products in police and sheriff&#8217;s departments.
The report emerged a&nbsp;year after the last Global&nbsp;Police Summit and coincides with the exit of Gary Oldham,&nbsp;the Apple employee who led&nbsp;these initiatives.
Apple did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga&#8217;s</a> request for comment.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: In 2016, the <a href="https://www.benzinga.com/news/16/02/6342721/tim-cook-fbi-is-asking-apple-for-something-too-dangerous-to-create">FBI allegedly asked Apple to develop</a> a new version of iOS that would disable security features to access data on an iPhone involved in the San Bernardino attack.
Tim Cook strongly opposed the request, citing concerns that creating such software would be too dangerous. He argued that creating a backdoor sets a precedent for undermining encryption, threatening the privacy of millions of users.
Today, several of Apple&#8217;s features play a significant role in assisting law enforcement, though some have also raised concerns as well.
In 2022, the &#8216;Find My&#8217; feature <a href="https://www.benzinga.com/news/22/12/30157396/apples-find-my-feature-helps-police-track-airpods-allegedly-stolen-from-canadian-hotel">helped police recover stolen</a> AirPods, while in 2023, the NameDrop feature was <a href="https://www.benzinga.com/news/23/11/35975957/apples-namedrop-feature-is-the-latest-victim-of-misinformation-this-time-police-departments-are-the">misinterpreted by some departments</a>.
Apple&#8217;s Crash Detection feature also <a href="https://www.benzinga.com/news/23/02/30827866/iphone-owners-sober-up-apple-crash-detection-feature-rats-on-drunk-driver-to-cops">contributed to the arrest of a drunk</a> driver. However, other products have prompted concern—Apple&#8217;s <a href="https://www.benzinga.com/markets/cryptocurrency/22/04/26508133/apples-airtag-facilitates-stalking-police-report-analysis-shows">AirTag has been misused for stalking</a>, and the Vision Pro headset <a href="https://www.benzinga.com/general/entertainment/24/02/37229209/apple-vision-pro-users-lets-cross-the-streets-the-old-fashioned-way-san-diego-police">faced criticism from San Diego police</a> for safety risks.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/news/24/10/41285255/tesla-pulls-an-apple-drops-the-charging-port-before-cupertino-could-remove-it-from-the-iphone?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla Pulls An Apple, Drops The Charging Port Before Cupertino Could Remove It From The iPhone</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Tech

Media

AAPL

Apple Goes From Waging Encryption War With FBI To Holding Hush-Hush Global Police Summits — An Evolving Relationship With Law Enforcement?

Wells Fargo &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) will release earnings results for its third quarter before the <a href="https://www.benzinga.com/quote/WFC/earnings">opening bell on Friday, Oct. 11.</a>
Analysts expect the San Francisco-based bank to report quarterly earnings at $1.28 per share, down from $1.48 per share in the year-ago period. Wells Fargo projects to report revenue of $20.41 billion for the recent quarter, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Sept. 12, Wells Fargo said it reached a formal agreement with the OCC to enhance its anti-money laundering and sanctions risk management practices, following an enforcement action by the regulator.
Wells Fargo shares gained 0.4% to close at $57.75 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TCOM/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Wolfe Research analyst Steven Chubak upgraded the stock from Peer Perform to Outperform with a price target of $65 on Oct. 8. This analyst has an accuracy rate of 65%.</li>
<li>Evercore ISI Group analyst John Pancari maintained an Outperform rating and raised the price target from $65 to $68 on Oct. 2. This analyst has an accuracy rate of 62%.</li>
<li>Goldman Sachs analyst Richard Ramsden maintained a Buy rating and cut the price target from $68 to $65 on Sept. 11. This analyst has an accuracy rate of 68%.</li>
<li>Deutsche Bank analyst Matt O' Connor upgraded the stock from Hold to Buy with a price target of $65 on Sept. 3. This analyst has an accuracy rate of 64%.</li>
<li>BMO Capital analyst James Fotheringham maintained a Market Perform rating and raised the price target from $57 to $59 on July 15. This analyst has an accuracy rate of 75%.</li>
</ul>
Considering buying WFC stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="510" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11033842/image-80-1024x510.png" alt="" class="wp-image-590775" style="width:641px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11033842/image-80-1024x510.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11033842/image-80-300x149.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11033842/image-80-768x382.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11033842/image-80.png 1342w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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</ul>

Earnings

Price Target

Pre-Market Outlook

Markets

Analyst Ratings

Trading Ideas

Wells Fargo Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Thursday.
U.S. stocks settled lower on Thursday, with the S&amp;P 500 and Dow Jones index retreating from record high levels during the session.
On the economic data front, U.S. initial jobless claims rose by 33,000 from the prior week to 258,000 in the week ending October 5th, compared to market estimates of 230,000. The annual inflation rate in the U.S. eased for a sixth straight month to 2.4% in September from 2.5% in the previous month but came in above market estimates of 2.3%.
Domino&#8217;s Pizza Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>) reported mixed third-quarter results on Thursday. Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) reported downbeat third-quarter earnings on Thursday.
Most sectors on the S&amp;P 500 closed on a negative note, with real estate, communication services, and industrial stocks recording the biggest losses on Thursday. However, energy and materials stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 58 points to 42,454.12 on Thursday. The S&amp;P 500 fell 0.21% to 5,780.05, while the Nasdaq Composite fell 0.05% at 18,282.05 during Thursday's session.
Investors are awaiting earnings results from JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), Wells Fargo &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), and Fastenal Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NASDAQ">FAST</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 70.7, the index remained in the &#8220;Greed&#8221; zone on Thursday, versus a prior reading of 71.4.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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</ul>
Photo courtesy: Shutterstock

FAST

S&P Pulls Back From Record High As Inflation Data Dents Investor Optimism: Fear Index Remains In 'Greed' Zone

This new industrial warehouse will be located on a 25-acre parcel just east of Interstate 5, giving it near immediate access to California&#39;s primary north/south highway and the ability to serve&nbsp;90%&nbsp;of California consumers within a single day truck turn. The partners have designed the new warehouse as a Class-A divisible cross-dock facility with 185&#39; truck courts and 36&#39; clear height.

Reported Earlier, Tejon Ranch Teams With Dedeaux To Build 510,500 Sq. Ft. Warehouse At The Tejon Ranch Commerce Center

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is set to lower the interest rate on its <a href="https://www.benzinga.com/topic/apple-card">Apple Card high-yield savings account</a>, effective Friday, Oct. 11. The new annual percentage yield (APY) will be 4.10%, a decrease from the previous 4.25%.
What Happened: This marks the third reduction in the interest rate for the Apple Card savings account this year, and the second in recent weeks.
In late September, the APY decreased from 4.4% to 4.25%, following an earlier cut from 4.5% to 4.4% in April. The upcoming rate will drop below the initial 4.15% APY introduced in April 2023.
Interest rates for savings accounts often fluctuate in response to Federal Reserve adjustments. Recently, a significant 50 basis point reduction occurred in September, and further cuts are anticipated, as noted by Federal Reserve policymakers.
Other high-yield savings accounts, such as those from Discover, American Express, and Capital One, now also offer a 4.10% APY.
See Also: <a href="https://www.benzinga.com/news/24/10/41242624/elon-musk-vows-to-defend-freedom-of-speech-but-within-the-boundaries-of-the-law-as-x-gets-brazil-gre?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Vows To Defend Freedom Of Speech, But &#8216;Within The Boundaries Of The Law&#8217; As X Gets Brazil Greenlight To Resume Operations</a>
Apple collaborates with Goldman Sachs for its savings account, which is available to Apple card holders and manageable via the iPhone Wallet app. The account allows users to earn interest on their Daily Cash balance and funds transferred from bank accounts or Apple Cash.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: The Apple Card savings account, launched in April 2023, initially offered a competitive 4.15% APY, significantly higher than the national average of 0.35%, according to the <a href="https://www.benzinga.com/news/23/04/31835722/apple-now-offering-savings-account-with-4-15-interest-allowing-card-users-to-get-paid-on-their-cash">FDIC</a>.
This move was part of Apple&#8217;s strategy to enhance its financial services offerings in collaboration with Goldman Sachs. Despite the recent reductions, the account remains competitive, with rates aligning with other high-yield savings accounts.
Earlier this year, Apple <a href="https://www.benzinga.com/news/24/01/36505931/apple-card-raises-annual-percentage-yield-for-second-time-from-4-25-to-4-35">raised the APY to 4.35%</a> in January, marking the second increase since the account&#8217;s inception, as noted in January. However, the rate still lagged behind some competitors, such as Goldman Sachs&#8217; Marcus brand offering a 4.5% APY.
As interest rates continue to fluctuate, Apple Card savings account holders should stay informed about potential changes and how they might impact their savings strategy.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/news/24/10/41200026/chinese-hackers-breach-at-t-verizon-networks-in-major-wiretap-data-theft-putting-us-national-securit?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Chinese Hackers Breach AT&amp;T, Verizon Networks In Major Wiretap Data Theft Putting US National Security At Risk: Report</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Apple

Personal Finance

Apple Card Slashes Savings Account Interest For 3rd Time Following Fed's Decisions: Here's What You Need To Know

BlackRock, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) will release earnings results for its third quarter, before the opening bell on Friday, Oct. 11.
Analysts expect the San Francisco, California-based company to report quarterly earnings at $10.38 per share, down from $10.91 per share in the year-ago period. BlackRock projects to report revenue of $5.01 billion for the quarter, according to data from Benzinga Pro.
On Oct. 1, BlackRock said it completed the acquisition of Global Infrastructure Partners.
BlackRock shares fell 0.1% to close at $955.59 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TJX/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>TD Cowen analyst Bill Katz maintained a Buy rating and boosted the price target from $960 to $1,077 on Oct. 10. This analyst has an accuracy rate of 68%.</li>
<li>Wells Fargo analyst Michael Brown maintained an Overweight rating and raised the price target from $1,000 to $1,070 on Oct. 9. This analyst has an accuracy rate of 66%.</li>
<li>Barclays analyst Banjamin Budish maintained an Overweight rating and boosted the price target from $990 to $1,010 on Oct. 7. This analyst has an accuracy rate of 83%.</li>
<li>Evercore ISI Group analyst Glenn Schorr maintained an Outperform rating and raised the price target from $945 to $995 on Oct. 4. This analyst has an accuracy rate of 72%.</li>
<li>Goldman Sachs analyst Alexander Blostein maintained a Buy rating and boosted the price target from $960 to $1,040 on Oct. 3. This analyst has an accuracy rate of 73%.</li>
</ul>
Considering buying BLK stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="497" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11032023/image-79-1024x497.png" alt="" class="wp-image-590751" style="width:575px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11032023/image-79-1024x497.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11032023/image-79-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11032023/image-79-768x372.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11032023/image-79.png 1355w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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</ul>

BlackRock Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Upstream&#39;s shares are expected to begin trading on the Nasdaq Global Market on October 11, 2024 under the ticker symbol &quot;UPB.&quot; The offering is expected to close on October 15, 2024, subject to the satisfaction of customary closing conditions.

Reported Earlier, Upstream Bio Prices $255M Upsized Initial Public Offering Of 15M Common Shares At $17/Share

IVCA believes that the transactions contemplated by the IVCA Proposal and subsequent negotiations between IVCA and BTH (together, the &quot;Transaction&quot;) offers the best value to BTH shareholders, customers, employees and partners and presents an opportunity to allow BTH to capitalize on its innovative work in sales enablement and AI technologies to build a global leader in one of the most exciting sectors within enterprise software.

IVAC

Investcorp India Acquisition Corp. Advances $275M Business Combination with Bigtincan, Delisting BTH from ASX

The Transaction has been entered in to at the request of NSC to address regulatory concerns pursuant to its agreed acquisition of US Steel. The Transaction is subject to NSC completing its pending acquisition of US Steel, which is subject to various other regulatory requirements.
Under the terms of the agreement, ArcelorMittal will pay&nbsp;$1&nbsp;consideration for the Transaction; further, NSC will inject cash and forgive partner loans in an amount estimated to be approximately&nbsp;$0.9 billion.

NPSCY

Nippon Steel Exits Calvert Joint Venture, Selling Stake To ArcelorMittal In Strategic Move Tied To U.S. Steel Deal

Headquartered in France, Opella employs over 11,000 people, operates in 100 countries, and manages 13 best-in-class manufacturing sites and four research and innovation centers. With a portfolio of 100 leading brands, including Allegra, Doliprane, Novanight, Icy Hot, and Dulcolax, Opella is the world&#39;s third-largest company in the over the counter and vitamins, minerals, and supplements market, serving more than half a billion consumers worldwide.

Sanofi Engages In Discussions To Sell 50% Controlling Stake In Opella To CD&R

U.S. automaker General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) <a href="https://www.benzinga.com/news/22/10/29213189/general-motors-to-offer-energy-storage-and-management-services">subsidiary</a> GM Energy on Thursday launched an energy storage product called the PowerBank to rival EV giant Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Powerwall product.
What Happened: The GM Energy PowerBank is a stationary storage product that allows users the ability to store and transfer energy from the grid or solar panel system to provide power when there is an outage. 
It comes in two variants with 10.6 kWh and 17.7 kWh battery capacity. On combining two PowerBanks with 17.7 kWh battery capacity, customers can power an average American home for about 20 hours, the company said.
Why It Matters: The GM Energy Storage Bundle is estimated at about $11,000, not including installation or taxes, according to <a href="https://gmenergy.gm.com/for-home/products/gm-energy-storage-bundle">the</a> company&#8217;s website. It includes the GM Energy PowerBank and GM Energy Home Hub &amp; Inverter.
The PowerBank is a seeming rival to <a href="https://www.benzinga.com/news/24/08/40478134/tesla-breaks-powerwall-production-record-at-giga-nevada-as-it-aims-to-ramp-up-energy-storage-deploym">Tesla&#8217;s Powerwall</a>. Powerwall, like PowerBank, is a compact home battery that stores energy generated by solar or from the grid.
The Powerwall 3, meanwhile, has an energy capacity of 13.5 kWh and is priced at $16,702 in California, including gateway, accessories, installation, and taxes. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
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<li><a href="https://www.benzinga.com/news/24/10/41285210/tesla-stock-falls-nearly-3-in-overnight-trading-on-robinhood-after-self-driving-cybercab-unveil">Tesla Stock Falls Nearly 3% In Overnight Trading On Robinhood After Self-Driving Cybercab Unveil</a></li>
</ul>
Photo courtesy: General Motors

TSLA

GM Unit Launches Home Battery PowerBank To Rival Tesla's Powerwall

With U.S. stock futures trading slightly lower this morning on Friday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) to report quarterly earnings at $4.01 per share on revenue of $41.65 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. JPMorgan shares fell 0.1% to $212.56 in after-hours trading.</li>
<li>SunLink Health Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSY#NYSE">SSY</a>) announced the sale of its Trace regional hospital real estate for $2 million. SunLink Health shares gained 6% to $0.86 in after-hours trading.</li>
<li>Analysts are expecting Wells Fargo &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) to post quarterly earnings at $1.28 per share on revenue of $20.41 billion. The company will release earnings before the markets open. Wells Fargo shares gained 0.1% to $57.80 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Before the markets open, Fastenal Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NASDAQ">FAST</a>) is projected to report quarterly earnings at 51 cents per share on revenue of $1.91 billion. Fastenal shares fell 0.6% to $69.60 in after-hours trading.</li>
<li>Analysts expect The Bank of New York Mellon Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BK#NYSE">BK</a>) to post quarterly earnings at $1.42 per share on revenue of $4.54 billion before the opening bell. Bank of New York Mellon shares gained 0.6% to $74.89 in after-hours trading.</li>
</ul>
Check This Out: 
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<li><a href="https://www.benzinga.com/news/24/10/41272079/top-2-health-care-stocks-that-are-ticking-portfolio-bombs">Top 2 Health Care Stocks That Are Ticking Portfolio Bombs</a></li>
</ul>
Photo courtesy: Shutterstock

Long Ideas

JPMorgan, Wells Fargo And 3 Stocks To Watch Heading Into Friday

The size of the offering reflects an increase of&nbsp;$300 million&nbsp;in aggregate principal amount of the Notes from the previously announced offering size of&nbsp;$500 million. The Notes will be issued in lieu of the same amount of debt previously intended to be provided under the new term loan facility to be entered into by Treasure Holdco, Inc. (&quot;Spinco&quot;) and to be assumed by Magnera in conjunction with and assuming the closing of the Transaction.

BERY

Reported Earlier, Berry Global And Glatfelter Upsize Senior Secured Notes To $800M Ahead Of Strategic Merger Into Magnera

Ecopetrol plans to prepay the 2030 Loan with the funds from the external credit of&nbsp;USD 250 million&nbsp;executed with Sumitomo Mitsui Banking Corporation (announced through relevant information on&nbsp;August 21, 2024) and available cash on hand for&nbsp;USD 250 million.
This prepayment is expected to reduce the Company&#39;s financial expenses and is a result of Ecopetrol&#39;s solid cash position and ability to manage and optimize its financing sources.

Reported Earlier, Ecopetrol Makes $500M Partial Prepayment On 2030 Loan, Strengthening Debt Management Strategy

IMTX

Reported Earlier, Immatics Prices $150M Public Offering Of 16.25M Common Shares At $9.25/Share

Live Nation Entertainment&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) Ticketmaster has announced its support for the richer event tickets feature in Apple Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) Wallet, which was introduced with iOS 18.
What Happened: In a blog post on Thursday, Ticketmaster revealed that it is set to roll out support for the richer tickets in Apple Wallet. &#8220;Ticketmaster&nbsp;is the first ticketing company&nbsp;to enable the new, enhanced&nbsp;ticket experience in Apple Wallet.&#8221;
The updated feature will offer users crucial&nbsp;information on their tickets, such&nbsp;as a venue map,&nbsp;parking details, recommended Apple Music&nbsp;playlists, weather forecasts for the&nbsp;event day, and a real-time location-sharing option.
See Also:&nbsp;<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41238300/tesla-robotaxi-ambitions-come-as-most-americans-grow-wary-of-autonomous-tech?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla Robotaxi Ambitions Come As Most Americans Grow Wary Of Autonomous Tech</a>
Mark Yovich, president of Ticketmaster, expressed his pride in collaborating with Apple to deliver this enhanced ticketing experience to fans.
&#8220;With the new, enhanced ticket in Apple Wallet experience, fans are closer to the action from the moment they add their pass to their iPhone,&#8221; he stated.
The new feature will make its debut later this month at the&nbsp;Los Angeles Football Club or LAFC&nbsp;home game at BMO Stadium.&nbsp;
iPhone users running iOS 18.0&nbsp;or later will be able to access the detailed tickets&nbsp;via the Ticketmaster or LAFCapps.
The company also plans to extend this feature to Miami HEAT tickets and more events in 2025.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: This development comes in the wake of recent controversies surrounding Ticketmaster.
Earlier this year, the <a href="https://www.benzinga.com/general/entertainment/24/09/40697540/oasis-fans-furious-as-dynamic-pricing-pushes-ticket-prices-sky-high-its-just-not-fair-says-">company faced backlash</a> over its dynamic pricing strategy, which led to a significant increase in ticket prices for the Oasis reunion tour.
Previously, the Department of Justice also <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/39011644/doj-case-against-live-nation-is-weak-analysts-say-separating-ticketmaster-is-unlike">filed an antitrust lawsuit</a> against Live Nation Entertainment, Ticketmaster&#8217;s parent company.
The lawsuit challenges <a href="https://www.benzinga.com/general/entertainment/24/05/38680805/live-nation-fights-back-against-monopoly-claims-will-the-bad-blood-continue">Live Nation&#8217;s market dominance</a> through its subsidiary, Ticketmaster, and is part of the Joe Biden administration&#8217;s broader efforts to combat monopolistic practices across various industries.
The Justice Department has already taken steps against major tech companies like Alphabet Inc. and Apple, while the Federal Trade Commission is pressing Meta Platforms Inc.
Amazon.com Inc. is also facing a lawsuit for alleged monopolistic practices in the online marketplace.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Image Credits &#8211; Apple
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

iOS 18 Users To Benefit From Richer Even Tickets In Apple Wallet After Ticketmaster Announces Support

Launch of Exchange Offers Satisfies Key Milestone in Implementation of EchoStar&#39;s Balance Sheet Optimization Transactions and Increased Support from Existing Stakeholders Now Representing Over&nbsp;90%&nbsp;of DISH&#39;s Approximately&nbsp;$5 Billion&nbsp;of Existing Convertible Notes Satisfies Minimum Tender Condition

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