Trading Ideas
Downgrade: Here's How Analysts See Ladder Capital Corp (NYSE:LADR) Performing In The Near Term
The latest analyst coverage could presage a bad day for Ladder Capital Corp (NYSE:LADR), with the analysts making… …read more […]
Month: May 2020
Trading Ideas
Things Look Grim For Karyopharm Therapeutics Inc. (NASDAQ:KPTI) After Today's Downgrade
Market forces rained on the parade of Karyopharm Therapeutics Inc. (NASDAQ:KPTI) shareholders today, when the analysts… …read more […]
Business News
GM tops estimates despite coronavirus, sets North American restart
General Motors Co on Wednesday reported a huge plunge in first-quarter profit that raced past expectations, and the automaker outlined plans for a May 18 restart of most of its North American plants shut down by the coronavirus pandemic.
Trading Ideas
Business News
World shares subdued amid weak data; oil resumes gains
Global shares struggled on Wednesday as weak economic data, doubts about the easing of coronavirus lockdowns and simmering U.S.-China tensions cast a pall over markets.
Business News
Qatar Airways expects to re-open routes this month
Qatar Airways on Wednesday said it will start expanding its network this month in anticipation of countries easing travel restrictions that have halted global aviation.
Business News
New York Times warns of ad sales drop after upbeat first-quarter results
The New York Times Co warned of a steep fall in advertising sales in the current quarter after beating Wall Street’s profit and revenue estimates on Wednesday, as it added more subscribers in a period dominated by heavy news coverage around the COVID-19 pandemic.
Business News
Qatar Airways to add more flights, rebuild network to 80 destinations by June
Qatar Airways on Wednesday said it planned to start rebuilding its network this month and targeted flying to 80 destinations by June.
Business News
Barrick reports 55% higher adjusted profit helped by gold prices
Canadian miner Barrick Gold Corp reported a nearly 55% rise in quarterly adjusted profit on Wednesday, benefiting from a surge in gold prices and higher copper production.
Trading Ideas
Barrick profit jumps on higher prices, trims gold 2020 output
The Canadian miner now expects attributable gold production to range between 4.6 million ounces to 5 million ounces compared with the earlier range of 4.8 million ounces to 5.2 million ounces. The government of Papua New Guinea had announced in April that it would not renew a 20-year special mining lease for the Porgera gold mine, which is jointly owned by Barrick and China’s Zijin Mining , due to environmental damage and social unrest. …read more […]
Business News
New York Times beats first-quarter revenue estimates
The New York Times Co beat Wall Street’s revenue estimates on Wednesday as it added more subscribers in a quarter dominated by heavy news coverage around the COVID-19 pandemic.
Trading Ideas
Shopify Sales Surge as Businesses Shift Online Amid Pandemic
(Bloomberg) — Shopify Inc. reported first-quarter revenue that topped analysts’ estimates as it brings more businesses online during the coronavirus pandemic.Sales grew by 47% to $470 million from the same quarter a year ago, Ottawa-based Shopify said in a statement Wednesday. Analysts had expected about $443 million, according to data compiled by Bloomberg.“We are working as fast as we can to support our merchants by re-tooling our products to help them adapt to this new reality,” Chief Executive Officer Tobi Lutke said in the quarterly release.The key metric of gross merchandise volume, which represents the value of all goods sold …read more […]
Business News
CVS Health first-quarter profit beats on COVID-19 stockpiling
CVS Health Corp on Wednesday posted first-quarter profit above Wall Street estimates, as its pharmacy benefits management business and its drugstores benefited from customers stockpiling medicines due to COVID-19 lockdowns.
Business News
Futures rise on optimism around easing of lockdowns
U.S. stock index futures rose on Wednesday as investors turned hopeful of a pickup in business activity with several countries and U.S. states relaxing coronavirus-induced curbs.
Trading Ideas
Mailbag: Don’t Forget to Live
Investors have some grand opportunities these days.
But first… they need to screw their heads on straight.
Things are bad out there. Unemployment is at record levels. Production is plunging. And the food supply is turning up short.
It’s not exactly the vision of America daddy promised while bouncing us on his knee.
But, then again, April was one of the best months for investors in decades. Subscribers to our fast-moving trading services saw some tremendous gains, with multiple opportunities to double their money.
A kind subscriber took the time to drop us a line:
I’m finally doing well on options with your strategies. I just …read more […]