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NASDAQ:TRMD News 7 January 2026

TORM (TRMD) stock jumps as Oaktree drops below one-third — what changes next

TORM (TRMD) stock jumps as Oaktree drops below one-third — what changes next

NEW YORK, Jan 7, 2026, 12:46 EST — Regular session TORM plc shares jumped 6.7% to $21.85 in midday U.S. trade on Wednesday. The product tanker owner said Oaktree Capital Management and its affiliates have fallen below a one-third ownership threshold, triggering a governance reset. Nasdaq That matters now because the “threshold date” strips out a set of limits written…
7 January 2026
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Stock Market Today

  • GM Surges Over 70% as Strong 2025 Earnings and Dividend Boost Impress Investors
    January 29, 2026, 10:48 AM EST. General Motors (GM) shares climbed to a record high after the Detroit automaker delivered robust 2025 earnings, beating expectations with $2.7 billion in net income and issuing a 20% dividend increase alongside a $6 billion stock buyback plan. GM's stock has surged more than 70% over the past year, outpacing U.S. rivals Ford and Stellantis amid an autos industry slowdown and trade tensions under the Trump administration. Analysts from TD Cowen and JPMorgan praise GM's strong execution, cash flow, capital allocation, and resilient North American truck franchise. In contrast, Ford's earnings and cash flow forecasts remain far behind GM, while Stellantis faces setbacks amid restructuring efforts.
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