Year: 2020

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White House Ditches Pre-Election Stimulus Hope, Sees Weeks to Go

October 27, 2020 admin Comments Off on White House Ditches Pre-Election Stimulus Hope, Sees Weeks to Go

(Bloomberg) — The White House on Tuesday appeared resigned to what most observers of the fiscal-stimulus negotiations had long concluded: there won’t be a pre-election package.“We’re confident that we can get something in the coming weeks,” White House spokeswoman Alyssa Farah said Tuesday. When pressed on Fox News about whether that means not this week, she said, “We’re hoping within weeks, I don’t want to get too ahead of any announcements.”The departure of U.S. senators from the Capitol for a pre-election break on Monday had already made the logistics for passing a bill by Election Day practically impossible.The failure of …read more […]

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Tiffany and LVMH discuss price cut to settle deal dispute

October 27, 2020 admin Comments Off on Tiffany and LVMH discuss price cut to settle deal dispute

The negotiations were based on a price in the range of $131-$134 for each Tiffany share, against the previous price of $135. Tiffany last month sued the Louis Vuitton owner in a Delaware court, alleging that the French company had been stalling the deal and that it had improperly tried to renegotiate the deal. LVMH had countersued, alleging that the U.S. company has been mismanaged during the COVID-19 pandemic. …read more […]

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Oppenheimer: These 3 Stocks Are Poised to Surge by at Least 60%

October 27, 2020 admin Comments Off on Oppenheimer: These 3 Stocks Are Poised to Surge by at Least 60%

It’s down to the wire. The U.S. Presidential elections are only a week away, and with the polls showing Biden has an edge over President Trump, investors are preparing.Oppenheimer’s Chief Investment Strategist John Stoltzfus points out that last week, stocks churned as investors rebalanced their portfolios, rotating and adding additional exposure to value stocks “while others took profits in growth names that had previously run-up substantially ahead of what could be higher capital gains and other taxes next year,” in the event that the Democrats come out on top.Highlighting that the expectation of an effective COVID-19 vaccine is behind the …read more […]

Investor Presentations

Logiq (OTC: LGIQ) “Asia Fintech/Ecomm with 10X Upside Potential” NEXT SUPER STOCK livestream Oct 21

October 27, 2020 admin Comments Off on Logiq (OTC: LGIQ) “Asia Fintech/Ecomm with 10X Upside Potential” NEXT SUPER STOCK livestream Oct 21

NEXT SUPER STOCK Logiq (OTC: LGIQ) livestream 10/21/2020 Weyland Tech (OTC: WEYL) NEXT SUPER STOCK CEO Livechat August 13 Weyland Tech (OTC: WEYL) NEXT SUPER STOCK livestream July 22, 2020 ABOUT THE EVENT NEXT SUPER STOCK Live! is […]

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Yes, Tesla Beat Earnings — and Yes, Tesla Stock Is Still a Sell, Says Analyst

October 27, 2020 admin Comments Off on Yes, Tesla Beat Earnings — and Yes, Tesla Stock Is Still a Sell, Says Analyst

For a day that marked Tesla’s (TSLA) fifth straight quarter of reporting positive profits, last week’s 0.7% increase in the share price of Tesla stock seemed somewhat underwhelming.Reporting earnings Wednesday night, Tesla closed trading Thursday up only modestly, and really, only barely outperforming the S&P 500’s overall 0.5% move. Tesla called Q3 its “best quarter in history,” with pro forma earnings coming in 36% ahead of expectations at $0.76 per share, sales of $8.8 billion about 6% better than predicted, and free cash flowing strongly — $1.9 billion over the past 12 months.Tesla told investors Wednesday that it remains on …read more […]