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DexCom, Inc. Just Recorded A 58% EPS Beat: Here’s What Analysts Are Forecasting Next, , on October 29, 2020 at 12:10 pm
DexCom, Inc. (NASDAQ:DXCM) just released its quarterly report and things are looking bullish. It was overall a..., DexCom, Inc. (NASDAQ:DXCM) just released its quarterly report and things are looking bullish. It was overall a...,
LVMH and Tiffany kiss and make up over takeover dispute, , on October 29, 2020 at 12:01 pm
The French luxury brand will pay less to buy the US jeweller, ending a bitter dispute over the deal., The French luxury brand will pay less to buy the US jeweller, ending a bitter dispute over the deal.,
How Biden’s retirement plans could save small business workers, , on October 29, 2020 at 12:00 pm
If Joe Biden wins 401(K) plans could be in for a major shake-up – one that could benefit tens of millions of AmericansThe 401(K) retirement plan has proved an extremely popular – and cost-effective – retirement benefit that’s provided by millions of small business...
ConocoPhillips posts smaller-than-expected loss as oil prices recover, , on October 29, 2020 at 11:21 am
Crude prices began recovering in the third quarter after a number of countries started easing their months-long cornonavirus-led lockdowns, which had slammed fuel demand and forced many oil companies to merge for survival. Excluding curtailments and other items,...
Tesla plans to open about 52 new service centers in 2021: Electrek, , on October 29, 2020 at 11:19 am
Last week, analysts at Brokerage RBC noted that Tesla's investment in service and quality has not been enough to keep up with its increasing sales and has the potential to damage the brand. "Service could be particularly important as Tesla continues to try to expand...
Is Advanced Micro Devices (NASDAQ:AMD) Using Too Much Debt?, , on October 29, 2020 at 11:12 am
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the..., David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...,
Analyst Estimates: Here’s What Brokers Think Of FireEye, Inc. (NASDAQ:FEYE) After Its Third-Quarter Report, , on October 29, 2020 at 11:12 am
FireEye, Inc. (NASDAQ:FEYE) came out with its quarterly results last week, and we wanted to see how the business is..., FireEye, Inc. (NASDAQ:FEYE) came out with its quarterly results last week, and we wanted to see how the business is...,
Marvell to buy Inphi in $10 billion chip deal to bolster data center, 5G business, , on October 29, 2020 at 11:07 am
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Bausch Health To Reduce Debt By $150 Million Using Cash Generated From Operations, , on October 29, 2020 at 11:00 am
LAVAL, Quebec, Oct. 29, 2020 /CNW/ -- Bausch Health Companies Inc., LAVAL, Quebec, Oct. 29, 2020 /CNW/ -- Bausch Health Companies Inc.,
Have Insiders Been Buying AGNC Investment Corp. (NASDAQ:AGNC) Shares This Year?, , on October 29, 2020 at 10:54 am
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is..., We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...,
Here comes the best GDP report on record*: Morning Brief, , on October 29, 2020 at 10:25 am
Top news and what to watch in the markets on Thursday, October 29, 2020., Top news and what to watch in the markets on Thursday, October 29, 2020.,
Apple earnings preview: All eyes on smartphone outlook after iPhone 12 debut, , on October 29, 2020 at 9:02 am
Apple is set to report fiscal fourth-quarter earnings after market close on Thursday., Apple is set to report fiscal fourth-quarter earnings after market close on Thursday.,
Cruise Lines Lobby Trump’s White House to End No-Sail Order, , on October 29, 2020 at 9:00 am
(Bloomberg) -- The world’s biggest cruise lines have roughly doubled the number of lobbyists they’re dispatching to congressional offices and several federal agencies this year. But as they try to resume sailing from U.S. ports, one of their most effective targets has...
Shell raises dividend as retail boost drives confidence, , on October 29, 2020 at 8:31 am
Royal Dutch Shell on Thursday raised its dividend after easily beating quarterly profit forecasts and outlined plans to shrink its oil and gas operations as it presses forward with a transition to low-carbon energy. The Anglo-Dutch company hit record earnings from its...
Shell Raises Dividend as Profit Beats Expectations, , on October 29, 2020 at 7:53 am
(Bloomberg) -- Royal Dutch Shell Plc raised its dividend and pledged to grow the payout steadily, just six months after slashing it for the first time since the Second World War.Amid a painful year for Big Oil, the Anglo-Dutch energy giant offered investors some good...
Panasonic second-quarter profit beats estimates on boost from Tesla battery business, , on October 29, 2020 at 7:29 am
Panasonic Corp reported an 11% increase in second-quarter operating profit on Thursday, beating analyst estimates, helped by solid performance from its Tesla Inc battery business. Panasonic, the main battery cell supplier for Tesla Inc, posted profit of 92.8 billion...
Oil Holds Near Four-Week Low After Plunging on Resurgent Virus, , on October 29, 2020 at 7:19 am
(Bloomberg) -- Oil held near a four-week low after a surge in European virus cases and a bigger-than-expected jump in American crude stockpiles pushed prices down by the most in almost two months in the previous session.Futures in New York were steady near $37 a...
Nokia cuts full-year profit forecast, sets new strategy, , on October 29, 2020 at 6:32 am
Nokia cut its full-year profit forecast on Thursday even as the telecom network equipment maker's quarterly underlying profit met expectations in its first earnings under new CEO Pekka Lundmark. The Finnish firm also announced a new strategy under which it will have...
Rising costs weigh on AB InBev despite higher beer sales, , on October 29, 2020 at 6:28 am
Anheuser-Busch InBev, the world's largest brewer, scrapped its interim dividend and said quarterly profits dipped on Thursday as the shift to drinking at home pushed up its costs. The maker of Budweiser, Stella Artois and Corona lagers enjoyed a surprise rise in sales...
Stocks Drop in Asia; U.S., Europe Futures Recover: Markets Wrap, , on October 29, 2020 at 5:15 am
(Bloomberg) -- Asian stocks dropped Thursday after shares tumbled in the U.S. and Europe, as rising coronavirus infections and tougher lockdowns added to worries about the economic hit from the pandemic. U.S. futures rebounded from the worst of the overnight...
Central Banks Sell Gold for First Time in a Decade, , on October 29, 2020 at 5:00 am
(Bloomberg) -- Central banks became gold sellers for the first time since 2010 as some producing nations exploited near-record prices to soften the blow from the coronavirus pandemic.Net sales totaled 12.1 tons of bullion in the third quarter, compared with purchases...
Britain expects verdict on Pfizer’s COVID-19 vaccine before AstraZeneca’s – Times, , on October 29, 2020 at 4:06 am
Britain believes that the vaccine, which Pfizer is co-developing with Germany's BioNTech SE , could be ready to distribute before Christmas, the report said. Pfizer's Chief Executive Albert Bourla has previously said the company could release data on whether or not...
Gilead cuts 2020 sales outlook as COVID-19 drug remdesivir falls short, , on October 29, 2020 at 4:00 am
Remdesivir brought in $873 million in the quarter, below analysts' estimates of $960 million, according to Refinitiv IBES data. Gilead Chief Commercial Officer Johanna Mercier said that although the United States saw a surge in COVID-19 cases over the summer, many...
Oil Market Faces Iran Shock If Biden Win Points to Nuclear Deal, , on October 29, 2020 at 4:00 am
(Bloomberg) -- For fragile oil markets, the outcome of next week’s U.S. election poses yet another risk: the prospect that major producer Iran may regain its role in international trade.Challenger Joe Biden, leading in most polls, has signaled he’ll seek to bring Iran...
Aurora Cannabis (ACB): Prepare for More Dilution Yet Again, , on October 29, 2020 at 3:28 am
More dilution could be on the way for beleaguered shareholders of Aurora Cannabis (ACB). The company gave note of a preliminary prospectus, which over the next 25 months authorizes the Canadian cannabis player to issue up to US$500 million in securities. The...
Samsung Warns of Weaker Outlook Even as Profit Beats, , on October 29, 2020 at 3:19 am
(Bloomberg) -- Samsung Electronics Co. warned earnings in the current quarter will decline, saying the strong growth in its mobile and memory business that helped third-quarter profit beat will ease amid intensifying competition and weakening demand.The world’s...
Taiwan’s UMC to Aid U.S. Pursuit of Chinese Firm for Theft, , on October 29, 2020 at 3:15 am
(Bloomberg) -- Taiwan’s United Microelectronics Corp. pledged “substantial assistance” to the U.S. in a high-profile trade-secrets prosecution of Chinese chipmaker Fujian Jinhua Integrated Circuit Co.UMC pleaded guilty Wednesday in San Francisco federal court in a...
Buy Twilio Stock. It’s Well Positioned for Sustained Success, Says 5-Star Analyst, , on October 29, 2020 at 3:05 am
Twilio (TWLO) has been one of 2020’s success stories. Shares have more than tripled as the cloud communications specialist has made the most of the pandemic necessitating a shift toward remote work.In Q3, revenue increased by 51.8% to $448 million, beating consensus...
Is SAP Stock a Buy Right Now? This Is What You Need to Know, , on October 29, 2020 at 2:35 am
The market can be a brutal place -- just ask SAP (SAP). The German software giant’s share price nosedived by 27% this week, its sharpest drop in 12 years, after COVID-19 impacted Q3 results and inflicted cuts on the firm’s full year guidance.SAP reported Q3 revenue of...
Marvell Nears Deal to Acquire Inphi for $10 Billion, , on October 29, 2020 at 2:13 am
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U.S. Stock Futures Rebound After Worst Selloff in Four Months, , on October 29, 2020 at 1:44 am
(Bloomberg) -- U.S. stock futures climbed as investors looked for positive catalysts after concern over coronavirus infections and tougher lockdowns Wednesday spurred the market’s worst decline in more than four months.S&P 500 futures contracts expiring in...
Nvidia targets Arm’s customer network, CEO tells SoftBank’s Son, , on October 29, 2020 at 12:54 am
The chief executive of Nvidia Corp said his planned acquisition of Arm from SoftBank Group Corp cost an "arm and a leg," but that the chip designer's valuable network of customers made it worthwhile. Japanese tech conglomerate SoftBank announced in September it would...
New Jersey Refinery Becomes Latest Casualty of Collapse in Fuel Demand, , on October 29, 2020 at 12:13 am
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Ford Posts Strong Third-Quarter Earnings, Sees 2020 Profit, , on October 28, 2020 at 11:44 pm
(Bloomberg) -- Ford Motor Co., riding a wave of momentum from new models and new management, handily beat expectations with third-quarter earnings that outran the economic effects of the coronavirus pandemic.Fueled by strong sales of pricey pickups, Ford posted...
3 “Perfect 10” Stocks to Weather the Market Storm, , on October 28, 2020 at 11:26 pm
After a period of cooling off its impact on the markets, fear of the coronavirus played havoc on Wall Street again today. Consequentially, the tech heavy Nasdaq had its worst day since early September, dropping by almost 4%. In times like these, a more comprehensive...
Exxon Mobil to keep dividend flat for first time since 1982, , on October 28, 2020 at 10:54 pm
Exxon Mobil Corp on Wednesday kept its fourth-quarter dividend flat at 87 cents a share, signaling 2020 will be the first year since 1982 that the U.S. oil producer has not raised its shareholder payout. The largest U.S. oil producer by volume was caught off guard by...
Tiffany and LVMH Approach New Deal, , on October 28, 2020 at 10:45 pm
The two firms hashed out a price of $131.50, sources said, but the jeweler’s board still needs to sign off on it to move on., The two firms hashed out a price of $131.50, sources said, but the jeweler’s board still needs to sign off on it to move on.,
Exxon Keeps S&P 500’s Third-Highest Dividend Despite Oil Rout, , on October 28, 2020 at 10:42 pm
(Bloomberg) -- Exxon Mobil Corp. is maintaining the third-highest dividend in the S&P 500 Index, underscoring its historic commitment to the payout despite this year’s virus-driven oil crash.Investors will be paid 87 cents a share for the current quarter, matching...
Stock market news live updates: Stock futures open higher after rout, , on October 28, 2020 at 10:16 pm
Stock futures opened slightly higher Wednesday evening after the three major indices endured a deep rout during the regular session., Stock futures opened slightly higher Wednesday evening after the three major indices endured a deep rout during the regular session.,
Time-Honored Market Election Signal on Verge of Turning on Trump, , on October 28, 2020 at 10:03 pm
(Bloomberg) -- It’s a fool’s errand trying to find an election signal in a stock market roiled by a global pandemic, but investors will take any edge they can get. One such indicator is flashing a warning for Donald Trump’s chances on Nov. 3.The sharp equities selloff...
Raytheon Sinks After Disclosing U.S. Probe of Defense Books, , on October 28, 2020 at 10:00 pm
(Bloomberg) -- Raytheon Technologies Corp. fell after the company disclosed a demand from the U.S. Department of Justice for records dating back more than a decade from the company’s missile business.The criminal subpoena was dated Oct. 8 and Raytheon is cooperating,...
UPS sinks despite profit, revenue beat, , on October 28, 2020 at 9:44 pm
Yahoo Finance's Kristin Myers and Sibile Marcellus discuss why UPS shares sunk despite better than expected quarterly earnings., Yahoo Finance's Kristin Myers and Sibile Marcellus discuss why UPS shares sunk despite better than expected quarterly earnings.,
ByteDance Pulls Most of Its TikTok Traffic From Fastly Network, , on October 28, 2020 at 9:41 pm
(Bloomberg) -- ByteDance Ltd. pulled most of its TikTok traffic from the network of Fastly Inc., suggesting a crackdown by the Trump administration is forcing the Chinese technology giant to change its operations.Fastly runs a content delivery network that pushes data...
Toyota, Lexus recall list: Company adds 1.5M US vehicles for engine stalling, , on October 28, 2020 at 9:25 pm
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Mortgage rates sink to a record low — and borrowers say, ‘Yes, please’, , on October 28, 2020 at 9:15 pm
Rates go lower and lower, prompting more homeowners and homebuyers to pounce., Rates go lower and lower, prompting more homeowners and homebuyers to pounce.,
Visa posts beat on quarterly estimates, , on October 28, 2020 at 9:01 pm
Visa reported Q4 estimates that topped the Street's expectations. The credit-card company posted $1.12 EPS and $5.41B in revenue, outperforming consensus estimates of $1.09 EPS and $5B in revenue. Yahoo Finance’s Myles Udland breaks down the details., Visa reported Q4...
Agnico Eagle Reports Third Quarter 2020 Results – Strong Operational Performance and Record Realized Gold Prices Drive Strong Quarterly Free Cash Flow; Dividend Increased by 75%; Ongoing Exploration Success Reported at Existing Operations and Pipeline Projects, , on October 28, 2020 at 9:00 pm
Stock Symbol: AEM (NYSE and TSX)(All amounts expressed in U. dollars unless otherwise noted)TORONTO, Oct., Stock Symbol: AEM (NYSE and TSX)(All amounts expressed in U. dollars unless otherwise noted)TORONTO, Oct.,
Golden Star Resources Reports Results for the Three and Nine Months Ended September 30, 2020, , on October 28, 2020 at 8:53 pm
Operational Delivery Continues as Prestea Sale Unlocks Investment CapacityTORONTO, Oct. 28, 2020 /CNW/ - Golden Star Resources Ltd., Operational Delivery Continues as Prestea Sale Unlocks Investment CapacityTORONTO, Oct. 28, 2020 /CNW/ - Golden Star Resources Ltd.,
Ford posts beat on quarterly estimates, , on October 28, 2020 at 8:52 pm
Ford reported Q3 estimates that topped the Street's expectations. The auto-manufacturer posted $0.65 EPS and $34.7B in revenue, outperforming consensus estimates of $0.19 EPS and $33.98B in revenue. Yahoo Finance’s Jared Bilkre breaks down the details., Ford reported...
Etsy beats Q3 estimates as online shoppers boost sales, , on October 28, 2020 at 8:35 pm
Etsy beat investor expectations on both top and bottom lines in its third quarter earnings report, released after hours on Wednesday. Although the company posted higher Q3 profit thanks to a boost in online shopping, expects a possible deceleration, particularly on...
Pinterest sees revenue boom in Q3, driven by recovery in advertising demand, , on October 28, 2020 at 8:27 pm
Pinterest released its third quarter earnings report after hours on Wednesday, beating on its top line and bottom lines. The company saw its monthly active users rise 37% and its revenue grow 58% year over year driven with a recovery in advertiser demand. Yahoo...
Visa profit falls 23% as payment volumes plunge, , on October 28, 2020 at 8:20 pm
Net income fell to $2.4 billion, or $1.07 per Class A share, for the fourth quarter ended Sept. 30, from $3.03 billion, or $1.34 per Class A share, a year earlier. Net revenue fell 17% to $4.8 billion as consumer spending was limited due to the health crisis, which...
Osteoporosis drug helps Amgen third-quarter profit beat estimates, , on October 28, 2020 at 8:09 pm
The higher-than-expected results were partially offset by lower drug prices and the effects of the COVID-19 pandemic. The biotechnology company said that more patients had resumed interacting with their doctors in the third quarter than earlier in the health crisis,...
Pelosi Hopes Market Rout Pushes Trump Into a Stimulus Deal, , on October 28, 2020 at 8:02 pm
(Bloomberg) -- House Speaker Nancy Pelosi said she hopes the current selloff in U.S. stocks will prompt President Donald Trump to agree to Democratic demands in stalled stimulus talks and end a three-month stalemate.“What the president cares a lot about is the stock...
Callaway Golf plunges following Topgolf merger, , on October 28, 2020 at 8:00 pm
Shares of Callaway Golf plunged on Tuesday following an announcement that Callaway and Topgolf had agreed on an all-stock merger, with Topgolf having an implied equity value of approximately $2 billion. Yahoo FInance’s Dan Roberts joins The Final Round panel to...
Boeing warns of layoffs amid COVID-19, 737 Max woes, , on October 28, 2020 at 7:02 pm
Yahoo Finance’s Emily McCormick and Kristin Myers discuss Boeing's quarterly earnings as the company warns of layoffs., Yahoo Finance’s Emily McCormick and Kristin Myers discuss Boeing's quarterly earnings as the company warns of layoffs.,
US STOCKS-S&P 500, Dow sink 3% to late-Sept lows on virus, election worry, , on October 28, 2020 at 6:55 pm
The S&P 500 and the Dow slumped on Wednesday to their lowest levels since late September, as coronavirus cases climbed globally and investors also worried about the possiblity of a contested U.S. presidential election next week. A spiraling pandemic and the...
Is Xeris Pharmaceuticals (NASDAQ:XERS) Weighed On By Its Debt Load?, , on October 28, 2020 at 6:41 pm
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility..., Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...,
Did Neovasc Inc. (TSE:NVCN) Insiders Buy Up More Shares?, , on October 28, 2020 at 6:14 pm
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that..., It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...,
VMware (NYSE:VMW) Has Gifted Shareholders With A Fantastic 184% Total Return On Their Investment, , on October 28, 2020 at 5:53 pm
When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares..., When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares...,
U.S. antitrust regulator loses bid to revive Qualcomm case, , on October 28, 2020 at 5:38 pm
In a brief order, the U.S. 9th Circuit Court of Appeals said it would not rehear arguments over whether the San Diego, California-based company had engaged in anticompetitive patent-licensing practices to keep a monopoly on the market for modem chips that connect...
Have Insiders Been Buying STORE Capital Corporation (NYSE:STOR) Shares?, , on October 28, 2020 at 5:14 pm
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be..., We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...,
Why Gilead Sciences (GILD) Stock is a Compelling Investment Case, , on October 28, 2020 at 4:38 pm
Tao Value recently released its Q3 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 7.08% for the quarter, underperforming its benchmark, the MSCI All Country World Index (ACWI) which returned 8.41% in the same quarter. You...
LVMH, Tiffany agree on lower price in takeover deal, sources say, , on October 28, 2020 at 4:12 pm
U.S. jeweler Tiffany & Co has agreed with LVMH to slightly lower the price of its acquisition by the French luxury goods group, in a move that could end a legal dispute between the two, two sources familiar with the matter said on Wednesday. The new terms would...
Alibaba’s Co-Founder Lucy Peng to Get $5 Billion Richer on Ant IPO, , on October 28, 2020 at 4:08 pm
(Bloomberg) -- Lucy Peng has been dubbed Alibaba Group Holding Ltd.’s most influential woman.The co-founder of the e-commerce giant rarely speaks in public and is little known outside of China, but over the past two decades she’s played a key role guiding Jack Ma’s...
Coronavirus update: Case surges spark fear in markets globally; experts wary about a vaccine by the end of the year, , on October 28, 2020 at 3:59 pm
Investor confidence slides as the U.S. election and European lockdowns cast shadow over the next few weeks., Investor confidence slides as the U.S. election and European lockdowns cast shadow over the next few weeks.,
If You Own Hanesbrands (HBI) Stock, Should You Sell It Now?, , on October 28, 2020 at 3:57 pm
Steel City Capital recently released its Q3 2020 Investor Letter, a copy of which you can download here. During the third quarter of 2020, the fund returned 1.6% net of fees, while the S&P 500 Index was up 8.5%. You should check out Steel City Capital’s top 5...
Toyota recalling 5.84 million vehicles for fuel pump issue, , on October 28, 2020 at 3:01 pm
The largest Japanese automaker said Wednesday it was adding another 1.52 million U.S. vehicles to the recall that was first announced in January and covers numerous models built between July 2017 through September. Toyota said the vehicles that have a fuel pump that...
Facebook’s Zuckerberg struggles to connect, forcing U.S. Senate hearing to pause, , on October 28, 2020 at 2:51 pm
A U.S. Senate Commerce Committee hearing on a key social media legal protection was briefly delayed when Facebook Inc Chief Executive Mark Zuckerberg struggled to appear remotely. "We are unable to make contact with Mr. Mark Zuckerberg," Senator Roger Wicker, who...
What Is The Ownership Structure Like For Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)?, , on October 28, 2020 at 2:27 pm
Every investor in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) should be aware of the most powerful..., Every investor in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) should be aware of the most powerful...,
COVID winter ‘fears are playing out’ as stocks slide: Kirk Hartman, Wells Fargo Global CIO, , on October 28, 2020 at 2:24 pm
Kirk Hartman, Wells Fargo Asset Management President & Global CIO, joins Yahoo Finance's Alexis Christoforous and Brian Sozzi to discuss Wednesday's market sell-off, the election's impact on the markets, and much more. , Kirk Hartman, Wells Fargo Asset Management...
The Returns At Kinder Morgan (NYSE:KMI) Provide Us With Signs Of What’s To Come, , on October 28, 2020 at 2:13 pm
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few..., Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few...,
Microsoft beats expectations on cloud strength, , on October 28, 2020 at 2:04 pm
Yahoo Finance’s Alexis Christoforous and Brian Sozzi discuss Microsoft’s earnings and AMD’s chip deal with Daniel Newman, Futurum Research Principal Analyst., Yahoo Finance’s Alexis Christoforous and Brian Sozzi discuss Microsoft’s earnings and AMD’s chip deal with...
General Electric rises on surprise Q3 earnings beat, , on October 28, 2020 at 1:49 pm
Yahoo Finance's Emily McCormick joins The First Trade with Alexis Christoforous and Brian Sozzi to discuss United Parcel Service and General Electric's third-quarter earnings report., Yahoo Finance's Emily McCormick joins The First Trade with Alexis Christoforous and...
Boeing to cut 20% of workforce by end of 2021, , on October 28, 2020 at 1:44 pm
The planemaker is extending previously announced cuts as it faces slumping demand in the pandemic., The planemaker is extending previously announced cuts as it faces slumping demand in the pandemic.,
J.P. Morgan Presents 3 Stocks With Double Digit-Upside, , on October 28, 2020 at 1:42 pm
November 3 is fast-approaching, and Wall Street is bracing for a Biden win. But what would a Democrat-controlled White House mean for the markets?Even though some investors think a Biden presidency would be detrimental to stocks and put pressure on the markets, Marko...
Shareholders Are Thrilled That The Heat Biologics (NASDAQ:HTBX) Share Price Increased 117%, , on October 28, 2020 at 1:33 pm
Some Heat Biologics, Inc. (NASDAQ:HTBX) shareholders are probably rather concerned to see the share price fall 49..., Some Heat Biologics, Inc. (NASDAQ:HTBX) shareholders are probably rather concerned to see the share price fall 49...,
Mastercard shares fall as profit drops on virus-led travel slowdown, , on October 28, 2020 at 12:47 pm
The pandemic has forced companies to lay off workers by the millions, hurting their spending power, and the hit to air travel has also taken a toll on cross-border card transaction volumes. Mastercard reported a 36% drop in cross-border volume on a local currency...
Chegg, Inc.’s (NYSE:CHGG) Path To Profitability, , on October 28, 2020 at 12:07 pm
With the business potentially at an important milestone, we thought we'd take a closer look at Chegg, Inc.'s..., With the business potentially at an important milestone, we thought we'd take a closer look at Chegg, Inc.'s...,
Boeing sees Q3 earnings improvement but warns on layoffs as coronavirus, 737 MAX weigh, , on October 28, 2020 at 11:55 am
Boeing earnings reflect the dual crises of COVID-19 and the grounded 737 MAX, which hasn't flown in more than a year., Boeing earnings reflect the dual crises of COVID-19 and the grounded 737 MAX, which hasn't flown in more than a year.,
Earnings Beat: Amkor Technology, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models, , on October 28, 2020 at 11:49 am
A week ago, Amkor Technology, Inc. (NASDAQ:AMKR) came out with a strong set of quarterly numbers that could..., A week ago, Amkor Technology, Inc. (NASDAQ:AMKR) came out with a strong set of quarterly numbers that could...,
Blackstone third-quarter earnings rise on strong asset sales, , on October 28, 2020 at 11:37 am
Blackstone Group LP said on Wednesday third-quarter distributable earnings rose 9% year-on-year, as the world's largest manager of alternative assets such as private equity and real estate took advantage of a rise in corporate valuations to cash out on some of its...
A Look At BioCryst Pharmaceuticals’ (NASDAQ:BCRX) CEO Remuneration, , on October 28, 2020 at 11:31 am
Jon Stonehouse became the CEO of BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) in 2007, and we think it's a good time..., Jon Stonehouse became the CEO of BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) in 2007, and we think it's a good time...,
Did You Miss Bank of America’s (NYSE:BAC) 39% Share Price Gain?, , on October 28, 2020 at 11:22 am
The main point of investing for the long term is to make money. But more than that, you probably want to see it rise..., The main point of investing for the long term is to make money. But more than that, you probably want to see it rise...,
Profitable pickup trucks, Jeeps drive FCA back into black, , on October 28, 2020 at 11:21 am
U.S. sales of high-margin pickup trucks and Jeeps hauled Fiat Chrysler back into the black in the third quarter following pandemic-related shutdowns, and the carmaker on Wednesday reinstated a profit forecast for 2020 that assumes no more disruption from a freshly...
GE Jumps on Surprise Profit as CEO Larry Culp Sees Turnaround Accelerating, , on October 28, 2020 at 11:14 am
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MetLife, Inc. (NYSE:MET) Looks Like A Good Stock, And It’s Going Ex-Dividend Soon, , on October 28, 2020 at 10:35 am
It looks like MetLife, Inc. (NYSE:MET) is about to go ex-dividend in the next four days. Investors can purchase shares..., It looks like MetLife, Inc. (NYSE:MET) is about to go ex-dividend in the next four days. Investors can purchase shares...,
GE reports smaller loss as business recovers from pandemic lows, , on October 28, 2020 at 10:33 am
Cash flow for its industrial operations was $514 million in the third quarter, compared with the average analyst estimate of an outflow of $876 million. GE has laid out plans to cut $2 billion in costs, a great deal of which is at the aviation unit. Revenue at GE's...
Exxon Undertaking Thorough Assessments, , on October 28, 2020 at 10:27 am
ExxonMobil (NYSE: XOM) has outlined that it is undertaking 'thorough and thoughtful' assessments as it seeks to make its organization more efficient and nimbler., ExxonMobil (NYSE: XOM) has outlined that it is undertaking 'thorough and thoughtful' assessments as it...
Analysts Just Made A Major Revision To Their Kala Pharmaceuticals, Inc. (NASDAQ:KALA) Revenue Forecasts, , on October 28, 2020 at 10:21 am
Today is shaping up negative for Kala Pharmaceuticals, Inc. (NASDAQ:KALA) shareholders, with the analysts delivering a..., Today is shaping up negative for Kala Pharmaceuticals, Inc. (NASDAQ:KALA) shareholders, with the analysts delivering a...,
A Closer Look At Albertsons Companies, Inc.’s (NYSE:ACI) Impressive ROE, , on October 28, 2020 at 10:19 am
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will..., One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...,
Sony Raises Profit Forecast Ahead of Big PlayStation 5 Debut, , on October 28, 2020 at 9:35 am
(Bloomberg) -- Sony Corp. raised its fiscal-year operating profit outlook by 13% to 700 billion yen ($6.7 billion) as its video game unit rode a surge in demand for entertainment from home-bound consumers.The forecast, up from a previous 620 billion yen, surpassed the...
Ericsson Stockpiles to Supply BT, Rivals After Huawei 5G Ban, , on October 28, 2020 at 9:00 am
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Aston Martin capital raise subscribed as Mercedes deal revs up shares, , on October 28, 2020 at 8:52 am
Shares in the company jumped 12.8% to 61.5 pence by 0834 GMT after it said on Tuesday Daimler unit Mercedes-Benz would lift its stake in the British carmaker to up to 20% by 2023. The companies also agreed to expand an existing supply agreement, giving Aston Martin...
Oil Declines After Report Points to Increasing U.S. Stockpiles, , on October 28, 2020 at 7:57 am
(Bloomberg) -- Oil retreated back below $39 a barrel after an industry report pointed to a bigger-than-expected increase in U.S. crude stockpiles, offsetting supply disruptions from Hurricane Zeta.The American Petroleum Institute reported crude inventories expanded by...
U.S., European Stock Futures Fall; Dollar Climbs: Markets Wrap, , on October 28, 2020 at 7:15 am
(Bloomberg) -- U.S. and European equity futures fell and Asian stocks were mixed Wednesday amid concern about the impact of the worsening pandemic on economic activity in some parts of the world. The dollar advanced.S&P 500 futures retreated and European contracts...
Africa Energy Announces Second Significant Discovery Offshore South Africa, , on October 28, 2020 at 7:15 am
VANCOUVER, BC, Oct. 28, 2020 /CNW/ - Africa Energy Corp., VANCOUVER, BC, Oct. 28, 2020 /CNW/ - Africa Energy Corp.,
The Pessimist’s Guide to Jack Ma’s Record-Breaking Ant IPO, , on October 28, 2020 at 6:57 am
(Bloomberg) -- Few initial public offerings have aroused more anticipation than the blockbuster listing of Jack Ma’s Ant Group Co.Demand for the record $34.5 billion IPO has been so strong this week that Ant decided to stop taking orders from big investors a day...
Deutsche Bank Lifts Outlook After Trading Beats Wall Street, , on October 28, 2020 at 6:43 am
(Bloomberg) -- Deutsche Bank AG raised the outlook for the investment bank after its debt traders snapped a long streak of losing market share with a Wall Street-beating result that more than offset weakness in the corporate bank.Income from trading fixed-income...
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