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11:28
Thermo Fisher Scientific Inc., a global leader in scientific services, recently announced a major investment plan.
The company has decided to invest up to $18 million in the construction of a brand-new distribution and labeling center. This strategic initiative aims to optimize its supply chain efficiency and enhance product delivery capabilities to meet the growing demands of global customers. The establishment of this center not only demonstrates Thermo Fisher's firm commitment to market expansion but also signals its ongoing investment in improving operational effectiveness. Through this modern facility, the company expects to deliver high-quality scientific products and services to customers more quickly and accurately, further consolidating its leadership position in the industry.
11:28
Barclays recently announced the initiation of coverage on organic baby food company Once Upon a Farm, PBC, with an initial rating of "Hold/Neutral."
This line also sets a target stock price of $25, reflecting a cautiously optimistic attitude toward the company's business outlook. The initiation of coverage marks formal attention from Wall Street institutions to this enterprise dedicated to providing clean-label, refrigerated children's nutrition products. Analysts pointed out in the report that although the company has differentiated advantages in its niche sector, its growth trajectory still requires ongoing observation due to fierce market competition and supply chain challenges.
11:26
Thai stocks face a wave of risk-averse sell-offs as blue-chip stocks plunge across the board
Golden Ten Data March 4|Thai stocks plunged sharply after reopening following the holiday, reflecting risk-averse sentiment triggered by uncertainty surrounding the Middle East conflict. As the Iran crisis shows no signs of easing, cautious sentiment has swept through emerging markets, prompting investors to seek safe-haven assets. Thailand's benchmark SET index plummeted more than 8% during early trading, temporarily triggering a circuit breaker. In the afternoon, the index recovered some losses and finally closed down 5.6% at 1384.61 points. All sectors declined, with industrial, financial, and energy sectors all in the red. Among individual stocks, Delta Electronics dropped more than 10%, Thai Oil fell 7.1%, and PTT Public Company Limited declined 4.1%.
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