Year: 2020

The markets are up, and the bulls are running. According to Mike Wilson, chief US equity strategist for Morgan Stanley, now is the time to buy in. Wilson believes that the market’s recent rise signals “a pretty darn good” economic recovery in store for us next year. “We think that a return of topline growth and a material reduction in the cost base will lead to operating leverage flow through that such that peak profits will appear again before peak sales… We’ve seen margin upside drive earnings growth coming out of prior recessions and expect the same this time, with …read more […]

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Yahoo Finance’s Alexis Christoforous and Brian Sozzi speak with Senior Columnist Rick Newman about the foiled cyber attack against Tesla’s Gigafactory in Nevada. …read more […]

The planemaker said it was conducting a review to find the root cause and has notified the U.S. Federal Aviation Administration. “We immediately contacted the airlines that operate the eight affected airplanes to notify them of the situation and the airplanes have been temporarily removed from service until they can be repaired,” Boeing spokesman Peter Pedraza said. Aircraft for United Airlines , Singapore Airlines and Air Canada are impacted by the impromptu grounding, aviation publication Air Current, which first reported the news, said. …read more […]

(Bloomberg) — Coca-Cola Co. plans to offer early-departure packages to almost 40% of its North American workforce to cut costs amid changes in the soft-drink business.About 4,000 employess in the region will be offered packages with benefits if they agree to leave, the soda maker said in a statement Friday. A similar program will follow in other countries and there will also be an unspecified number of layoffs, the company said.The Atlanta-based corporation is reducing its staff amid continuing challenges for companies selling sugary drinks as consumers cut back on calories. Bottled water also faces new hurdles amid growing environmental …read more […]

If you want to know who really controls Hecla Mining Company (NYSE:HL), then you’ll have to look at the makeup of its… …read more […]

VBI Vaccines (VBIV) is an almost-$1 billion company with less than $2 million in annual sales. It also might be the creator of the best vaccine of all for preventing coronavirus. At least, that’s what investment firm Raymond James thinks.On Wednesday, 5-star Raymond James analyst Steven Seedhouse upgraded VBI Vaccines stock to “strong buy” on the strength of the company’s enveloped virus-like particle (eVLP) vaccine against COVID-19, saying it “might” be “the best” COVID vaccine out there — and sparking a 32% price rally in VBI’s stock Thursday.As Seedhouse explains, when you’re gauging the effectiveness of a vaccine, it’s essential …read more […]

More than a dozen Kmart and Sears stores have been listed for lease as the beleaguered chains — and the entire retail sector — continue to struggle and the coronavirus pandemic wears on. …read more […]

Nasdaq approves listing with trading expected to begin today under the symbol “GP”VANCOUVER, British Columbia, Aug. 28, 2020 /CNW/ — GreenPower Motor Company Inc. …read more […]

With a price-to-earnings (or “P/E”) ratio of 47.3x Quidel Corporation (NASDAQ:QDEL) may be sending very bearish… …read more […]

Investors who take an interest in Occidental Petroleum Corporation (NYSE:OXY) should definitely note that the… …read more […]

A Unity Technologies IPO is filed with the SEC. After numerous rumors, investors are excited to get their hands on one of the top gaming platforms. And it looks like Unity picked a great time to go public.
But is Unity stock a good investment? Here’s what we know…
Unity Technologies IPO: The Business

David Helgason, Joachim Ante and Nicholas Francis founded Unity Technologies in 2004. It’s a Danish-American video game software development company located in San Francisco, CA. Unity claims it’s the world’s leading platform for creating and operative interactive 3D content. It provides software to create, run and monetize interactive content …read more […]

The company said it would have nine operating units that would sit under four geographical segments, along with global ventures and bottling investments divisions, compared with its current model that includes 17 business units. The voluntary separation packages would also be offered to employees in Canada and Puerto Rico. …read more […]

* Launching Highly Dutch across Canada in the second half of September * Bringing innovative products to market, including expanded RIPPLE suite of products * Appointed new head of operations * Signed distribution agreements for international exports to Australia/NZTORONTO, Aug. 28, 2020 /CNW/ – The Green Organic Dutchman Holdings Ltd. …read more […]

“Bitcoin is … the only known commodity in the universe that has a deterministic and fixed supply,” the Winklevoss brothers wrote in a blog post saying the cryptocurrency may one day hit $500,000. …read more […]