Month: October 2020

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Analysts Say These 3 Stocks Are Their Top Picks for 2021

October 1, 2020 admin Comments Off on Analysts Say These 3 Stocks Are Their Top Picks for 2021

As the fourth quarter began, it’s a sensible time to start lining up stocks for the coming year. The investing environment is unsettled, at the least, with the coronavirus still behaving unpredictably, the election around the corner, and a strong, but somewhat unsteady, economic recovery in progress after the summer’s sharp recessionary pressures. It’s no wonder, then, that investors welcome the professional insight of Wall Street’s stock analysts.Those analysts have been working overtime through this eventful year, and with 2021 around the corner, they are starting to point out their best ideas for the new year. We used the TipRanks …read more […]

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Boeing to move 787 production to South Carolina in 2021

October 1, 2020 admin Comments Off on Boeing to move 787 production to South Carolina in 2021

Boeing Co said on Thursday it will move the rest of its 787 Dreamliner production to South Carolina in 2021, a cost-cutting strategy that raises questions over the future its giant Everett plant north of Seattle. Reuters first reported on Sept. 21 that Boeing was near a decision to move Dreamliner production to South Carolina as its strategy of supporting two plants has been severely tested by the coronavirus slump in international travel, on top of a cyclical downturn in demand for big jets. As recently as last year, Boeing was making record numbers of 787s at its …read more […]

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Bed Bath & Beyond Is on the Verge of an Epic Comeback

October 1, 2020 admin Comments Off on Bed Bath & Beyond Is on the Verge of an Epic Comeback

(Bloomberg Opinion) — In many cases, the pandemic has served to entrench the previously existing winners and losers in the retail sector. Chains such as Macy’s Inc. and Kohl’s Corp., already deeply challenged before the public health crisis, look no closer to a turnaround. Walmart Inc. and Target Corp., meanwhile, have solidified their dominance with turbocharged sales. Against that backdrop, the latest quarterly earnings results from Bed Bath & Beyond Inc. stand out, because they show the long-suffering home goods chain to be in comeback mode. Bed Bath & Beyond, which also owns stores such as Buybuy Baby …read more […]

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McAfee IPO: Cyber Security Firm Filed with SEC

October 1, 2020 admin Comments Off on McAfee IPO: Cyber Security Firm Filed with SEC

A McAfee IPO is filed with the SEC. After rumors the company would go public in 2019, the cyber security firm is bringing McAfee stock back to the market after nearly a decade.
But is McAfee a good investment opportunity? Here’s what we know…
McAfee IPO: The Business

John McAfee founded the company in 1987. McAfee is an American computer security company based in Santa Clara, California. As of June 27, 2020, the company’s consumer products have protected over 600 million devices. Its enterprise products are used by 86% of the Fortune 100 and 61% of the Global 2000.
In McAfee’s prospectus, the company …read more […]

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Noble Energy shareholders likely to approve $4.2 billion Chevron deal

October 1, 2020 admin Comments Off on Noble Energy shareholders likely to approve $4.2 billion Chevron deal

Noble Energy Inc shareholders on Friday are expected to approve its sale to Chevron for about $4.2 billion in stock, cementing the first big energy deal since the coronavirus crushed global fuel demand. The purchase would boost Chevron’s U.S. shale oil holdings and add nearly 1 billion cubic feet of natural gas reserves close to growing markets. Proxy advisers Institutional Shareholder Services (ISS) and Glass Lewis have recommended approval of the deal. …read more […]