Year: 2020

Yahoo Finance’s Brian Sozzi and Alexis Christoforous discuss Pier 1 after the company announces plans to close nearly half its outlets. …read more […]

(Bloomberg) — Shares of Bank of America Corp. and JPMorgan Chase & Co. fell pre-market Tuesday after UBS cut its ratings on the two stocks, piling on to Monday’s spate of big bank downgrades.UBS analysts led by Saul Martinez in a note urged “greater selectivity” in 2020. Martinez cited accelerating bank stock outperformance late last year, as concerns about lower interest rates eased. That was positive, he said, but “valuations now incorporate the persistence of historically elevated profitability levels.”The UBS downgrades follow downgraded investment ratings for bank stocks including JPMorgan, Citigroup Inc., and Morgan Stanley earlier this week. Several analysts …read more […]

(Bloomberg) — Gas stations around the U.S. are rushing to upgrade fuel pumps to accept credit and debit cards with chips after Visa Inc. and Mastercard Inc. rejected a request to delay a looming deadline to complete the work.Beginning in October, station operators that haven’t modernized their pumps will face liability for any card fraud that happens at their businesses. The industry is “massively under-prepared,” said Joshua Smith, chief executive officer of Gas Pos, which sells point-of-sale systems.“There’s not enough technicians to do the installments,” Smith said. “There’s not enough inventory. Even if there were enough contractors, there’s not enough …read more […]

Anyone researching Jaguar Health, Inc. (NASDAQ:JAGX) might want to consider the historical volatility of the share… …read more […]

The calendar might have flipped to 2020, but that doesn’t mean everything has changed. Investors are still scouring the Street in search of the most compelling investment opportunities, the names that could see 2020 be their year.These aren’t just any run of the mill stocks. We’re talking about tickers that are set to outperform the broader market and can hand over substantial returns in the year ahead. Having said that, tackling this job isn’t always easy. With so many options out there, it can seem overwhelming. Luckily, Wall Street analysts are here to lend a hand.Often experts in the industries …read more […]

(Bloomberg) — One year ago, Jeffrey Gundlach offered a mostly cautious outlook after what he called “the year no one made money.” As it turned out, 2019 was a year pretty much anyone could cash in — on stocks, bonds, commodities, even Bitcoin.DoubleLine Capital’s chief investment officer will discuss his outlook for 2020 on Tuesday when he hosts his annual “Just Markets” webcast. Gundlach will likely comment on his usual array of topics, from his outlook for gold to his concern about the U.S. budget deficit. He may also address this year’s U.S. presidential election.Here’s what Gundlach predicted a year …read more […]

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]

Does the January share price for Griffon Corporation (NYSE:GFF) reflect what it’s really worth? Today, we will… …read more […]

The three main U.S. indexes on Monday rebounded from early losses that was sparked by a rush to safe-haven assets following the killing of a top Iranian general last week by the United States. Helping the tech-heavy Nasdaq futures outperform on Tuesday, Micron Technology Inc rose 3.1% in premarket trading after Cowen & Co upgraded the chipmaker to “outperform” on earlier-than-expected recovery in memory market. …read more […]

American farmers have become increasingly reliant on aid from the U.S. Department of Agriculture (USDA) since the U.S.-China trade war began in March 2018. …read more […]

Doug Baker has been the CEO of Ecolab Inc. (NYSE:ECL) since 2004. First, this article will compare CEO compensation… …read more […]