Year: 2020

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also… …read more […]

Finding the perfect stock shouldn’t be a chore. After all, the information you need is out there, just waiting for you. The trick is knowing how to parse it, how to connect it, and how to interpret it. TipRanks offers a Smart Score that collects and collates datapoints on every stock from across the TipRanks database, bringing together 8 separate factors that are commonly used to assess the strength of an investment. Some of these are well known, such as the simple moving average or the return on equity, others are bit more esoteric, like the hedge fund activity or …read more […]

Stock futures drifted lower in early trading as investors awaited the Labor Department’s weekly jobs report and eyed another set of corporate earnings results. A day earlier, the S&P 500 ended higher for a fourth straight session and came within striking distance of its recent record close. …read more […]

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(Bloomberg) — With the pandemic intensifying the plight of U.S. retailers, companies from J. Crew Group Inc. to the owner of Ann Taylor are using Chapter 11 bankruptcy filings to quickly get out of costly, long-term leases and shutter thousands of stores.By seeking court protection, firms like Neiman Marcus Group Inc. and the parent company of Men’s Wearhouse avoid the headache of protracted negotiations with individual landlords. But the moves threaten to upend huge swaths of the real estate market and the half-trillion dollar market for commercial mortgage-backed securities.“This is now black-letter law — a debtor can cram down a …read more […]

This news release contains forward-looking statements. For a description of related risk factors and assumptions, please see the section entitled “Caution Regarding Forward-Looking Statements” and the other relevant sections of this news release. …read more […]

LAVAL, QC, Aug. 6, 2020 /CNW/ — * Second-Quarter 2020 Financial Results * Revenues of $1. …read more […]

Stocks are soaring.
And the number of big-name investors who are seeing things as we do is getting longer by the day.
Earlier this week, former Fed insider Ed Yardeni commented on his former employer’s actions. The recent moves by Jay Powell and the Fed will have a big effect on the markets, he said.
Most notably, their fight against deflation would be “wildly bullish” for things like growth stocks and gold.
It makes us wonder whether he read Monday’s column, where we ended on the same note.
“Buy gold,” we said. “Buy stocks,” we begged.
How-To
But what stocks to buy?
We’ll tell you the same …read more […]

dollars and in accordance with IFRS.MONTREAL, Aug. …read more […]

After COVID-19 forced Disney to delay the theatrical release of the live-action movie for months, the company has finally decided to release ‘Mulan’ on its streaming service Disney+. …read more […]

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Israel’s Wix.com, which helps small businesses build and operate websites, swung to a loss in the second quarter as it ploughed investments into marketing to meet the demands of new customers during the COVID-19 pandemic. The company on Thursday reported a quarterly net loss excluding one-time items of 26 cents per share, compared with a profit of 34 cents per share a year earlier. The result fell short of analyst estimates – according to I/B/E/S data from Refinitiv Wix was expected to earn 24 cents a share ex-items on revenue of $233 million, partly due to a doubling …read more […]

The dollar’s supremacy of well over two years has turned sharply and the current downward trend will continue into next year on expectations the U.S. economic recovery is flagging, especially compared to Europe, buttressing the euro, a Reuters poll showed. A surge in coronavirus cases across several U.S. states and some data pointing to an economic recovery losing steam pushed the dollar index down 4.1% in July, its biggest monthly percentage fall in a decade. …read more […]

Shenzhen Kangtai Biological Products will produce AstraZeneca Plc’s potential COVID-19 vaccine in mainland China, the British drugmaker said on Thursday, its first deal to supply one of the world’s most populous countries. To meet market demand in China, Shenzhen Kangtai will ensure it has annual production capacity of at least 100 million doses of the experimental shot AZD1222, which AstraZeneca co-developed with researchers at Oxford University, by the end of this year, AstraZeneca said. It must have capacity to produce at least 200 million doses by the end of next year as part of the exclusive framework agreement, …read more […]

(Bloomberg) — Deutsche Lufthansa AG warned that compulsory dismissals are likely in Germany amid slow progress in talks with unions, stiffening its tone as the carrier braces for years of reduced demand.Europe’s biggest airline posted an adjusted operating loss of 1.7 billion euros ($2 billion) in the second quarter, wrapping up a dismal set of results for European carriers after the coronavirus grounded virtually all passenger flights.Lufthansa has set a goal of slashing headcount by about 22,000 as it trims its fleet by at least 100 planes to clamp down on expenses and pay back some 9 billion euros in …read more […]