latest news in companies

Wall Street Analyst Raises Eli Lilly Target to $1,400 Following Pipeline Gains

Wall Street Analyst Raises Eli Lilly Target to $1,400 Following Pipeline Gains

New York, Wednesday, 16 September 2026.
Berenberg upgraded Eli Lilly to a Buy rating, raising its price target to $1,400 after admitting it previously underestimated the pharmaceutical giant’s expanding external pipeline.

Intel and SK Hynix Discuss Historic Partnership to Produce Memory Chips in the United States

Intel and SK Hynix Discuss Historic Partnership to Produce Memory Chips in the United States

Columbus, Wednesday, 16 September 2026.
South Korea’s SK Hynix is negotiating a landmark partnership to manufacture memory chips at Intel’s Ohio facility, driven by growing AI demand and threats of 100% U.S. tariffs.

New Military Satellite Partnership Delivers Rapid Multi-Orbit Connectivity

New Military Satellite Partnership Delivers Rapid Multi-Orbit Connectivity

Washington, Wednesday, 16 September 2026.
Intellian and Network Innovations have partnered to launch a 30-minute deployable satellite terminal, offering the world’s first simultaneous connection across military and commercial satellite frequencies.

Micron Prepares for Critical Earnings Release as Artificial Intelligence Demand Questions Shift Market Sentiment

Micron Prepares for Critical Earnings Release as Artificial Intelligence Demand Questions Shift Market Sentiment

Boise, Wednesday, 16 September 2026.
Ahead of its September 30 earnings report, Micron faces market volatility despite Wall Street projecting a record $30.89 earnings per share, driven by emerging debates over artificial intelligence development speeds.

Australia’s Sicona Expands to the United States with $10.3 Million New Orleans Battery Plant

Australia’s Sicona Expands to the United States with $10.3 Million New Orleans Battery Plant

New Orleans, Wednesday, 16 September 2026.
Australia’s Sicona Battery Technologies acquired U.S. startup Advano, investing $10.3 million in New Orleans to manufacture advanced battery materials ahead of upcoming 2027 federal supply chain restrictions.

Canceled Late Show Wins Top Emmy Award After Network Departure

Canceled Late Show Wins Top Emmy Award After Network Departure

Los Angeles, Wednesday, 16 September 2026.
Four months after CBS canceled The Late Show citing financial losses, Stephen Colbert’s series won Outstanding Variety Series at the 2026 Emmy Awards amidst ongoing political scrutiny.

Major Retailers Enforce Strict Purchase Limits to Stop Resellers

Major Retailers Enforce Strict Purchase Limits to Stop Resellers

Minneapolis, Wednesday, 16 September 2026.
Target and major retailers implemented strict anti-scalping limits on September 16, 2026, as overwhelming demand and massive lines for Pokémon’s 30th anniversary cards sparked nationwide crowds.

Top Shareholder Pushes for Atlanta Braves Sale Amid Peak Valuations

Top Shareholder Pushes for Atlanta Braves Sale Amid Peak Valuations

Atlanta, Wednesday, 16 September 2026.
Activist shareholder Breach Inlet Capital has urged the Atlanta Braves to initiate a sale, warning that record franchise valuations could plummet due to an impending Major League Baseball lockout.

Major Plant-Based Frozen Dessert Recalled Nationwide After Small Stones Found Inside

Major Plant-Based Frozen Dessert Recalled Nationwide After Small Stones Found Inside

Washington, Thursday, 17 September 2026.
Danone has recalled So Delicious Salted Caramel Cluster pints nationwide due to stone contamination in cashews. Remarkably, this is the brand’s second recall for identical issues within one year.

Kia Cuts Electric SUV Prices by Up to 16,000 Dollars to Drive Sales

Kia Cuts Electric SUV Prices by Up to 16,000 Dollars to Drive Sales

Irvine, Thursday, 17 September 2026.
Following a 33% drop in August sales, Kia and its dealers slashed EV9 electric SUV prices by up to $16,000 in September 2026 to stay competitive.