Month: June 2020

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Trading Ideas

Moderna’s New Vaccine Business Could Be Bigger Than COVID, Says 5-Star Analyst

June 3, 2020 admin Comments Off on Moderna’s New Vaccine Business Could Be Bigger Than COVID, Says 5-Star Analyst

Coronavirus is a monster, a pandemic, a threat to humanity on a global scale.Do I overstate the case? Perhaps, but after nearly 375,000 deaths globally, and 6.2 million infections — meaning there will be more deaths to come — I don’t think I overstate the case by much.Coronavirus has already tipped the United States into a recession, and most of the rest of the world as well. Airlines are barely flying, restaurants half-open — if they’re lucky — and amusement parks even in countries such as China, which claims to have largely recovered from the epidemic, operate at a fraction …read more […]

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Trading Ideas

LVMH's Arnault mulls ways to renegotiate deal with Tiffany – sources

June 3, 2020 admin Comments Off on LVMH's Arnault mulls ways to renegotiate deal with Tiffany – sources

LVMH agreed to acquire Tiffany in November, but the deal has yet to close pending regulatory approvals. Arnault said at the time Tiffany would “thrive for centuries to come” under LVMH. Arnault has been in talks with his advisers this week to identify ways to pressure Tiffany to lower the agreed deal price of $135 per share, the sources said. …read more […]

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Trading Ideas

3 “Perfect 10” Stocks That Are Poised for a Bull Run

June 3, 2020 admin Comments Off on 3 “Perfect 10” Stocks That Are Poised for a Bull Run

The S&P 500 is showing a sustained rally, and has powered past the 2,750 to 2,850 range analysts had just three weeks ago predicted as resistance levels. That the economy is still in the midst of a serious recession, no one doubts – but the stock market’s performance is giving investors some reason for hope.Finding the right stock plays in the current environment is a challenge for every investor. The crisis sparked by the coronavirus and the unprecedented economic shutdown policies has defied all the rules, making it difficult to predict where a given stock may head. Fortunately, TipRanks has …read more […]

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Business News

LVMH’s Arnault mulls ways to renegotiate deal with Tiffany: sources

June 3, 2020 admin Comments Off on LVMH’s Arnault mulls ways to renegotiate deal with Tiffany: sources

LVMH CEO Bernard Arnault is exploring ways to reopen negotiations on the French luxury goods giant’s $16.2 billion acquisition of U.S. jewelry chain Tiffany & Co , as U.S. social unrest and the coronavirus pandemic weigh on the retail sector, people familiar with the matter said on Wednesday.

…read more […]