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Wells Fargo: These 3 High-Yield Dividend Stocks Have Double Digit Upside

The stock markets have been having a string of good days, as earnings season has been a bit less grim than expected. While aggregated revenues are down nearly 10% year-over-year, many companies have been clearing the lowered expectations bar. Writing from Wells Fargo on the current mood and prospects, equity strategist Chris Harvey describes the situation as a ‘melt up.’ He sees room for another 5% growth in the S&P 500 by year’s end.Harvey specifically noted that two policies put in place to support the economy against the corona virus shutdowns have had a boosting effect on the stock markets …read more […]

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BP Plc Cuts Dividends, Is Exxon Mobil Next?

British based energy giant BP PLC (NYSE:BP) cut dividends by 50% to 31.50 cents/share for each American Depository Receipt ( minus any ADR fees). This was the first dividend cut for BP since 2010, when it had a costly oil spill in the Gulf of Mexico. BP Follows Royal Dutch Shell And Cuts Dividends This is the second […] …read more […]

Mining & Metals

Appia (OTC: APAAF) Discovers at Least Seven Surface Rare Earth and Uranium Zones on the Alces Lake Project

Toronto, Ontario– – Appia Energy Corp.  (CSE: API) (OTCQB: APAAF) (FSE: A0I.F) (FSE: A0I.MU) (FSE: A0I.BE) (the “Company” or “Appia”) is pleased to provide an update on the recently completed Phase 1 field exploration program on the Company’s high-grade […]

Healthcare

CloudMD (OTC: DOCRF) Continues U.S. Expansion with Acquisition of U.S. Based Chronic Care Medical Clinic

CloudMD will implement its telehealth technology across clinic network Digital healthcare and telemedicine are the great equalizer for healthcare delivery; demand is surging and part of the new normal.  The U.S. recently has made swift […]

Healthcare

Teladoc (NYSE: TDOC) CEO Jason Gorevic: “Pandemic Accelerated Widespread Adoption of Virtual Care”.

      Teladoc Health, Inc. (NYSE: TDOC) Q2 2020 Earnings Call Highlights Jason Gorevic, CEO “…We reported the results of our second quarter, 2020, which was characterized by outperformance across all key financial and operational metrics driven […]

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Dan Gilbert’s $30 Billion Fortune Revealed in Rocket IPO

(Bloomberg) — Dan Gilbert’s long-awaited initial public offering of Rocket Cos. may have been downsized on Wednesday, but it finally reveals the vast fortune he’s built in a city battered by the last financial crisis.The listing values his mortgage company at about $35 billion after it priced 100 million shares at $18 each on Wednesday. While below a marketed range of $20 to $22 for 150 million shares, the Detroit-based firm, which includes Quicken Loans, has a higher market value than Ford Motor Co.The IPO makes Gilbert, 58, one of the biggest beneficiaries of the era of ultra-low interest rates …read more […]

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ViacomCBS Rises After Streaming Prospects Outweigh Ad Drop

(Bloomberg) — Streaming video is the media world’s new favorite playing field, and ViacomCBS Inc. wants investors to remember it’s in the game.The entertainment company rose in premarket trading after highlighting growth in its streaming business as a bright spot last quarter. Its two pay services, CBS All Access and Showtime, now have more than 16 million combined subscribers. ViacomCBS’s free service, Pluto TV, has more than 33 million users worldwide.The shares gained as much as 5.6% to $27.45 in New York trading Thursday. They were down 38% this year through Wednesday.In a call with analysts, ViacomCBS said it expects …read more […]

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3 “Perfect 10” Stocks That Can Charge Forward in 2020

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 […]