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A UK court dismissed a $3.2 billion lawsuit against major banks, including JPMorgan, UBS, and Citigroup, for alleged foreign exchange rigging on December 18, 2025.
First Horizon Corporation will announce its fourth-quarter and full-year 2025 financial results on January 15, 2026. The announcement, followed by a management conference call, comes at a time of significant market uncertainty and mixed performance across major industries.
An analysis identifying companies with high cash-burn rates, including Moderna, Upstart, and Purple, has triggered investor caution. This scrutiny reflects a broader market shift toward companies with strong liquidity and clear profitability paths amid persistent economic uncertainty.
Hormel Foods reported a 2% year-over-year revenue increase to $3.2 billion for Q4 2025 but faces significant profitability pressure from input cost inflation. In response, the company is implementing a strategic restructuring plan that includes cutting 250 corporate and sales jobs, which is expected to incur $20-$25 million in charges.
HSBC significantly lowered its price target for Zoetis (ZTS) to $140 from $180 but maintained a "Buy" rating. Barclays initiated coverage with a neutral "Equal-Weight" rating and a $136 target, reflecting broader caution in the agribusiness sector.