Month: December 2019

Contrary to what you may have heard, physical retail isn’t dead. True, some retailers have struggled mightily in the wake of rapid industry disruption by Amazon (Nasdaq: AMZN) and the rise of e-commerce. But there are plenty of investment opportunities available to you when it comes to retail stocks.
Perhaps no activity belongs to the fabric of what it is to be America more than shopping does. Whether done in traditional brick-and-mortar stores or through online portals, Americans will continue to shop in any foreseeable future. So expect retail stocks to continue producing profits for you for many years to come.

What …read more […]

Stock futures edged up Friday morning ahead of the release of the Labor Department’s November jobs report. …read more […]

OPEC will remove 340,000 barrels a day while non-OPEC producers will cut production by 160,000 barrels, the report said. …read more […]

Unfortunately for some shareholders, the NetSol Technologies (NASDAQ:NTWK) share price has dived 30% in the last… …read more […]

UCB SA said on Friday its experimental plaque psoriasis drug produced better results compared to AbbVie Inc’s blockbuster drug, Humira, in reducing the severity of the disease. UCB’s drug, bimekizumab, also met the main goal of clearing or almost clearing the skin of plaques or rashes in a late-stage study, as assessed by an investigator, according to the Belgium-based company. AbbVie’s Humira is the world’s top selling drug and treats rheumatoid arthritis and psoriasis. …read more […]

Q1 2020 Comtech Telecommunications Corp Earnings Call …read more […]

U.S. Democratic presidential contender Bernie Sanders launched a plan on Friday to provide high-speed broadband for every U.S. household at a cost of $150 billion, pledging to use antitrust powers to take on internet, telecom and cable companies. Sanders, a leading candidate in the crowded field seeking the Democratic nomination to take on Republican President Donald Trump in the November 2020 election, said the funding would go toward infrastructure grants and technical assistance to local governments to build out publicly owned networks. …read more […]

(Bloomberg) — OPEC+ will adjust its output target and redistribute production cuts between its members under pressure from Saudi Arabia, which has long carried an outsized share of the burden.The group, which pumps more than half the world’s oil, agreed in Vienna on Friday to reduce its output target by 500,000 barrels a day, said a delegate, bringing it in line with recent production levels. Saudi Energy Minister Prince Abdulaziz bin Salman gave a clear signal before the meeting that his priority was to get some members to stop cheating and implement the cuts they have promised.“Like religion, if you …read more […]