Earnings season is set to pick up this week, giving investors a better picture of the state of corporate profitability amid the ongoing coronavirus pandemic. …read more […]
What’s more critical for the stock market’s health than the outcome of the presidential election? A COVID-19 vaccine, so says Goldman Sachs. With Q3 earnings season kicking into gear this week, the firm believes the virus’ effect on fundamentals should be the focus, as opposed to the race to the White House. “The vaccine represents a more important factor than the election result for the path of equities… The consequences of the semi-frozen economy on an uneven road to recovery will be in Q3 results,” Goldman Sachs’ U.S. equity strategist David Kostin commented. Even though elections are a source …read more […]
Cisco Systems, Inc. (NASDAQ:CSCO) is the market leader in networking hardware and software. Cisco returns cash to its shareholders through stock repurchases and a growing dividend. The company is now a Dividend Challenger having raised the dividend for 9 consecutive years. The current yield is approximately 3.75%. The company is highly profitable, generates prodigious cash flow, and has net […] …read more […]
Morgan Stanley (NYSE:MS) defied analyst predictions to release its quarterly results, which were ahead of market… …read more […]
While penny stock investing is typically for those with high risk tolerance, you can mitigate some of that risk by looking at gold penny stocks. Commodities markets can offer more stability than other sectors, and there is no shortage of penny gold stocks to choose from.
Whether you’re looking to open a position in commodities or have some mad money you want to put in a boom-or-bust lottery ticket, the top gold penny stocks offer an exciting prospect for investors looking to capitalize on cheap gold exposure. From mining companies to commodities brokers, check out our gold penny stock list below.
The …read more […]
It looks like Caterpillar Inc. (NYSE:CAT) is about to go ex-dividend in the next four days. You will need to purchase… …read more […]
Out on Wall Street, things are always changing. Share prices fluctuate, new players make their market debuts, the macro environment gets shaken up and long-term trends shift. That said, one thing remains the same: growth is the name of the game. Growth stocks consistently score a spot on investors’ wish lists, given their potential to deliver returns. This growth potential goes above and beyond the norm, as these plays have already posted some spectacular gains in 2020, with the upside set to keep on coming in the long run. Knowing what you’re looking for is one thing, but how are …read more […]
A surge in September retail sales is great news for the holiday season. …read more […]
Many popular investment options are looking downright grisly in 2020. …read more […]
Eli Lilly & Co. announced a definitive agreement to snap up privately-held biotechnology company Disarm Therapeutics for $135 million, in a bid to a develop a new class of disease-modifying therapeutics for patients with axonal degeneration.Under the terms of the agreement, Disarm shareholders will be eligible for up to $1.225 billion in future payments for potential development, regulatory and commercial milestones should Lilly (LLY) successfully develop and commercialize new medicines resulting from the acquisition. Axonal degeneration is a common, yet unaddressed, pathology in a broad range of neurological diseases and is known to cause severe sensory, motor, and cognitive symptoms.Disarm …read more […]
The airline said it will operate a daily 737 Max flight between Miami and New York from Dec. 29 to Jan. 4, with flights available for booking from Oct. 24. “We remain in contact with the FAA and Boeing on the certification process and we’ll continue to update our plans based on when the aircraft is certified,” the company said in an statement. The Boeing 737 MAX has been grounded since March 2019 after two fatal crashes killed 346 people, but the FAA is expected to lift its grounding order at some point in November. …read more […]
(Bloomberg) — U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin had a lengthy talk Saturday night about efforts to craft a stimulus package to help the U.S. economy weather the impact of the coronavirus.Victoria, the Australian state worst hit by the coronavirus outbreak, announced an easing of restrictions on Sunday, but left key sectors of the economy shuttered until next month to ensure community transmission is further contained.Even as new U.S. cases jumped by the most since late July, President Donald Trump, at campaign rallies on Saturday, pushed states such as Michigan to lift emergency measures. Daily cases …read more […]
(Bloomberg Opinion) — I don’t know who’ll prevail in the U.S. election. But one thing we can probably all agree on is that incumbent leader President Donald Trump has had an extraordinary impact on the global oil market. From crippling the oil exports of Iran and Venezuela to taking credit for brokering the biggest-ever voluntary production cuts, Trump’s fingerprints are all over.How might that change after the November vote?The U.S. oil industryThings will carry on pretty much as they are if Trump retains his place in the White House. I couldn’t find any new initiatives on his campaign website, while …read more […]
It’s a busy week on the economic calendar. October PMIs and China stats are in focus. Brexit, COVID-19, and U.S politics will also influence. …read more […]
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