Year: 2020

Vaccine manufacturers testify before Congress, earnings bonanza: What to know in the week ahead …read more […]

A Joe Biden presidency wouldn’t just be a win for the Democrats, it would be a win for managed care organizations (MCOs). Back in March, the former Vice President’s strong showing on Super Tuesday fueled a rally from large health insurance stocks. Why? It came down to Senator Bernie Sanders’ proposed Medicare for All program that would largely do away with the need for health insurance, posing a major threat to the space’s top players. Biden’s policy, on the other hand, supports the strengthening of the Affordable Care Act, which is ideal for the companies currently on the exchanges established …read more […]

Shareholders in Novavax, Inc. (NASDAQ:NVAX) may be thrilled to learn that the analysts have just delivered a major… …read more […]

The economic downturn since the coronavirus pandemic has been odd in so many ways. Why shouldn’t it expose some economic myths and misconceptions? …read more […]

There’s been a notable change in appetite for Netflix, Inc. (NASDAQ:NFLX) shares in the week since its second-quarter… …read more […]

K12 Inc.’s (NYSE:LRN) price-to-earnings (or “P/E”) ratio of 80x might make it look like a strong sell right now… …read more […]

The European Union is reportedly in talks to make advance purchase deals of potential COVID-19 vaccines with drugmakers Moderna (MRNA), Sanofi (SNY) and Johnson & Johnson (JNJ) as well as biotech firms BioNtech (BNTX) and CureVac.The most advanced talks appear to be those with Johnson & Johnson and Sanofi because the EU is already discussing details on the number of doses needed, Reuters reported. With U.S. giant Johnson & Johnson, the EU is negotiating a supply of 200 million doses of its potential vaccine, the Reuters report said, adding that additional supplies may also be available.“We are in talks …read more […]

Healthcare costs, Social Security and lifestyle choices should be considered before you act on an early retirement offer. …read more […]

It’s that time of year again. Earnings season is in full swing, and investors are bracing for some bad news as companies report their second quarter results. Ahead of the upcoming prints, the Street is calling for a sharp profit decline as a result of the COVID-19 pandemic and the heavy blow it dealt to the economy. While the results could be rough for many, the pros from RBC Capital argue that the health crisis has altered consumer behavior for the foreseeable future. To this end, the investment firm, which lands within the top four on TipRanks’ list of …read more […]

Lockheed Martin (LMT) has won a $15 billion contract to supply the U.S. Air Force with its C-130J Hercules transport aircraft.The contract was awarded for the development, integration and production of all the four variants of the military transport aircraft. The U.S. Air Force said that the contract is for an indefinite quantity and indefinite delivery. Work, which will be performed at Lockheed’s plant in Georgia, is expected to be completed July 16, 2030.The C-130J aircraft can carry tons of supplies more than 3,000 miles and deliver “the last mile” to remote operating bases, keeping trucks off dangerous highways. It …read more […]

The aftermath of the coronavirus recession has split America in two: Those who have emerged from the crisis still financially intact versus others who are shaken. …read more […]

Indian Oil Corp Ltd’s 300,000 barrels per day refinery on the country’s east coast to be shut for three weeks for maintenance, the top district administrative official told Reuters on Sunday. “The Indian Oil refinery in Paradip will remain shut from July 25 to August 15 for maintenance,” said Sangram Keshari Mohapatra, the top bureaucrat in the district of Jagatsinghpur, where the refinery is located. …read more […]

Shares in Nikola Corp. (NKLA) plunged almost 15% in extended market trading on Friday as the maker of hydrogen-fueled vehicles filed an offering to sell 23.9 million shares of common stock.The stock dropped to $41.78 in after-market trading on Friday. According to the SEC filing, the 23,9 million shares of common stock are issuable upon the exercise of 890,000 warrants originally issued in a private placement in connection with the initial public offering of VectoIQ and up to 23 million shares. The company expects to receive $11.50 per warrant and generate up to $274.7 million from the exercise of the …read more […]

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […] …read more […]

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […] …read more […]