Month: September 2020

The domino effect applies to Wall street, too. Shares of Plug Power (PLUG) trended down on Wednesday along with its brethren in the renewable energy segment, seemingly after Tesla’s Battery Day failed to deliver the goods. Nevertheless, it is a minor setback in what has been a breakout year for the fuel cell pioneer. Shares are up by a magnificent 286% so far, driven by outstanding earnings beats and investors’ insatiable hunger for alternative energy stocks.However, the drop just goes to show how correlated stock market moves can be. As in tandem with the tilt to the downside, the company …read more […]

A look at the shareholders of Tortoise Acquisition Corp. (NYSE:SHLL) can tell us which group is most powerful… …read more […]

Top news and what to watch in the markets on Thursday, September 24, 2020. …read more […]

Arizona, Mississippi, Montana, New Jersey and South Dakota are letting voters decide on legal cannabis this year. That could give a big boost to the size of the legal US cannabis market. …read more […]

WATERLOO, ON, Sept. 24, 2020 /CNW/ — BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months ended August 31, 2020 (all figures in U. …read more […]

The big shareholder groups in American Airlines Group Inc. (NASDAQ:AAL) have power over the company. Insiders often… …read more […]

We dug up an old penny last night.
A post needed to go in the ground, so we picked up a shovel and broke through the sod.
After just a few scoops of our farm’s fine and, right now, very dry topsoil, we noticed something out of place. It wasn’t shiny, but it wasn’t dull like a rock.
We bent over, rubbed it between our fingers and gave it a close look.
It was a penny, dated 1944.
Buried Treasure
It turns out another man had worked this patch of land so many years ago. And he left an accidental deposit that serves as a fine …read more […]

Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see U.S. Bancorp… …read more […]

Partnership Kick-off for NFL Alumni Academy Activation in Canton, OhioVANCOUVER, BC and ERIE, PA, Sept. 24, 2020 /CNW/ – ImagineAR Inc. …read more […]

Zhong Shanshan’s net worth reached $58.7bn thanks to his water and vaccine firms. …read more […]

The cinema chain warns it may need to raise more money in the event of further coronavirus restrictions. …read more […]

ChargePoint Inc, one of the world’s oldest and largest electric vehicle charging networks, said on Thursday it will go public by merging with Switchback Energy Acquisition Corp in a deal that values the company at $2.4 billion. The deal is expected to close near the end of the year and the company will be named ChargePoint Holdings Inc. A trading symbol on the New York Stock Exchange has not been identified. Reuters last week reported ChargePoint and Switchback were nearing a deal. …read more […]

(Bloomberg) — Before the pandemic emptied the city, few lenders benefited from the heady local real estate market as much as regional players New York Community Bancorp Inc. and Signature Bank.Now they’re becoming a case study for potential trouble from a sudden downturn in the Big Apple’s property sector, and their share prices are suffering. New York Community Bancorp and Signature were among the top five most-active lenders in New York in the first half of the year, and almost all of their portfolios are tied to the area.With retail and apartment vacancies rising and rents falling, and with the …read more […]

AstraZeneca is still waiting for the U.S. drug regulator to approve the restart of the clinical trial of its potential COVID-19 vaccine in the United States almost three weeks after it was paused due to safety concerns. The U.S. trial of AstraZeneca’s COVID-19 vaccine candidate, initially developed by the University of Oxford, remains on hold while regulators investigate an illness in one of the participants, even after a British study and other programmes outside of the United States have resumed. …read more […]

(Bloomberg) — Oil dropped toward $39 a barrel — even after a decline in American crude and fuel stockpiles — following warnings over global energy demand and the state of the U.S. economy.Futures in New York fell 1% after rising for a second day on Wednesday. Federal Reserve officials stressed that more fiscal stimulus is critical to sustain the U.S. economic recovery, while the head of commodities trader Mercuria Energy Group said that global oil markets won’t be able to absorb OPEC+ production increases as demand remains weaker than expected.That was after the market found support on Wednesday from Energy …read more […]