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Trading Ideas

Is Carnival Corporation & Plc (CCL) A Good Stock To Buy?

In this article you are going to find out whether hedge funds think Carnival Corporation & Plc (NYSE:CCL) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus […] …read more […]

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Business News

Trump congratulates self on U.S. jobs report, will hold news conference at 10 a.m. EDT

President Donald Trump on Friday sent a tweet taking credit for a stunning U.S. jobs report that showed the country’s unemployment rate dropped during the thick of the coronavirus pandemic, and then announced he would hold a news conference at 10 a.m. (1400 GMT) on the topic.

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Trading Ideas

Smith & Wesson Stock Changes Ticker Symbol After Company Split

There’s a rumor investors can expect a Smith & Wesson IPO. But Smith & Wesson stock already trades on the Nasdaq. However, that was when it was a part of American Outdoor Brands (Nasdaq: AOBC). On June 1, 2020, the company announced it was spinning off from its parent company. It’s moving forward as an independent publicly traded company.
But what led the company to this decision? Here’s what we know…
Smith and Wesson Stock: The History

Smith & Wesson is an American firearm brand. It’s produced firearms since 1852. Now, it produces guns for sports, protection and recreation.
In 2001, Sat-T-Hammer bought Smith …read more […]

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Trading Ideas

Hertz’s Possibly Worthless Equity Soars Amid Recovery Optimism

(Bloomberg) — Hertz Global Holdings Inc. shares are rallying two weeks after the company filed for bankruptcy in an extreme example of the bets investors are making on recovery from the coronavirus pandemic.The car renter’s stock traded as high as $2.92 before the start of regular trading Friday, a 258% surge from Wednesday’s close. Hertz and its rival Avis Budget Group Inc. got a boost Thursday from signs air travel is poised to rebound.Hertz also is likely to benefit from prices of used cars at auctions coming all the way back from a mid-April collapse. Market researcher J.D. Power said …read more […]

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Business News

Take Five: Bulls charge past hurdles

Have HSBC and Standard Chartered “chosen profits over human rights” in backing China’s national security law for Hong Kong, as some suggest? Or does it reflect the tightrope businesses must navigate between Hong Kong’s protesters and Beijing?

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