Trading Ideas

(Bloomberg) — Hanesbrands Inc. shares plunged as much as 16% after the company reported a review of its business and a slump in sales at a time when everyone’s wearing sweatpants.As consumers stay away from sporting events and college bookstores, the maker of Champion athletic gear saw revenue for the U.S. activewear segment decline 41% during the third quarter, the company said in a statement. Even excluding the C9 brand, which Target Corp. stopped selling in January, activewear sales declined 27% in its home market.While the Champion brand specifically saw improvements from the prior quarter, it wasn’t enough to offset …read more […]

iQIYI, Inc. (NASDAQ:IQ) received a lot of attention from a substantial price increase on the NASDAQGS over the last… …read more […]

Microsoft’s Xbox Series X is a monster of a console with huge amounts of promise. …read more […]

(Bloomberg) — Skyrocketing bullion prices helped Barrick Gold Corp. generate record amounts of cash — and shareholders are getting rewarded with another dividend hike.The world’s second-largest gold producer spun out $1.3 billion of free cash flow in the third quarter, prompting the company to hike its quarterly payout for a third time in the past year. Barrick reported quarterly earnings and revenue that topped analysts’ estimates on Thursday, as surging bullion prices helped offset the impacts of the coronavirus pandemic on its business.“In the face of unprecedented challenges we have succeeded in beating our earnings consensus, reinforcing our 10-year plan …read more […]

Here are some of Rigzone’s top upstream stories during the last week, just in case you missed them… …read more […]

International Business Machines Corp on Thursday became the latest U.S. technology company to launch a cloud platform directed at telecom operators deploying 5G and signed up Nokia and Samsung as partners. A cloud platform uses software instead of physical equipment to do network functions, helping telecom operators to build 5G networks faster, reduce costs and sell customised services to business clients. …read more […]

After setting up an account for a proper Stockpile review, the offerings appeared sparse. But it became clear very quickly that’s by design.
Stockpile is not your average brokerage. It’s not trying to be everything, and it’s good at what it does… but it’s not going to replace an average investor’s brokerage. Let’s get into why that is.

Growing up, every year my grandfather gifted me savings bonds on my birthday. I didn’t appreciate them at all at the time. But I sure did when it came time to buy my first car and found that I had a couple extra grand …read more […]

Stock futures jumped Thursday morning to extend a rally from a day earlier, as traders homed in on the outcome of the U.S. election with several key states’ results still hanging in balance. …read more […]

– Initiatives to Enable Company to Reinvest in Key Areas of Growth -DUBLIN, Nov. 5, 2020 /CNW/ — Endo International plc (NASDAQ: ENDP) today announced the initiation of several strategic actions to further optimize the Company’s operations and increase overall efficiency. …read more […]

(Bloomberg) — Alibaba Group Holding Ltd.’s revenue grew at the slowest pace on record for the July-September quarter, underscoring how the e-commerce giant’s post-pandemic rebound is starting to plateau.Revenue for the three months ended September rose 30% to 155.1 billion yuan ($23.4 billion), meeting the 154.8 billion yuan average of estimates. Profit fell 60% to 28.8 billion yuan from the year-earlier period, when it booked a one-time gain from the acquisition of its stake in Ant Group Co. The sales gain may not be enough to reassure investors worried about the derailment of Ant’s IPO, which sparked a $64 billion …read more […]

Gridlock in D.C. could be good for the stock market…really good, historical data shows. …read more […]

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When you buy shares in a company, it’s worth keeping in mind the possibility that it could fail, and you could lose… …read more […]

KITCHENER, ON, Nov. 5, 2020 /CNW/ – Quarterhill Inc. …read more […]

It’s a “very likely possibility” that President Trump could win election through court challenge, said Rutgers Law Professor Stacy Hawkins. …read more […]