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Boeing reports more 737 MAX cancellations, deliveries fall

Boeing Co lost another three orders for its grounded 737 MAX jetliner in September, and delivered 11 total aircraft to customers, less than half the number from the same month a year ago, company data showed on Tuesday. The closely watched monthly snapshot also shows that quality flaws on the 787 Dreamliner continue to hamper efforts to develop an alternative cash cow to the 737 MAX, grounded after two fatal crashes in 2018 and 2019. As Boeing works to win regulatory approval, potentially early next month, to fly the 737 MAX again in the United States, the coronavirus …read more […]

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J.P. Morgan Still Thinks Nikola Stock is a Buy — With Caveats

From just $10 a share to nearly $80, Nikola Corporation (NKLA) stock has come a long way. Problem is — after approaching that $80 stock price in June, Nikola has come just about full circle. At a $25 share price, Nikola stock is almost back where it started from, prior to conducting its IPO-by-reverse merger into publicly-traded special purpose acquisition vehicle VectoIQ. Nevertheless, not all investors are dismayed by Nikola’s downfall. Indeed, at least one analyst — J.P. Morgan’s Paul Coster — seems to think that Nikola’s dramatically lower stock price today gives investors a second bite at this apple.And …read more […]

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The Power and Pitfalls of Margin Trading

Margin trading can add a potent boost to an investor’s purchasing power. But it can also lead to financial ruin if not used properly. Now, some financial institutions can be stingy with how much and to whom margin is offered. But it remains a useful tool for an experienced investor or trader… once they know how to harness it.

Let’s start with the basics. Margin trading – also known as trading on margin – is essentially a line of credit offered by a brokerage. This loan (usually with interest) allows an investor to buy more stocks or securities than they would …read more […]

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3 “Strong Buy” Stocks Trading at Rock-Bottom Prices

Whether markets move up or down, every investor loves a bargain. There’s a thrill in finding a valuable stock at low, low price – and then watching it appreciate in the mid- to long-term. Portfolio growth of that sort is one of the reasons we’re all in the investing game to begin with.So, how are investors supposed to distinguish between the names poised to get back on their feet and those set to remain down in the dumps? That’s what the pros on Wall Street are here for.Using TipRanks’ database, we pinpointed three beaten-down stocks the analysts believe are gearing …read more […]

Newsmakers

Valeo Pharma (OTC: VPHIF) Announces That Hesperco™ Immune Support Has Started Shipping

MONTREAL, Oct. 13, 2020  – Valeo Pharma Inc. (CSE:VPH) (OTCQB: VPHIF) (FSE:VP2) (“Valeo“), a Canadian specialty pharmaceutical company, announced today that it has commenced shipping online orders of its unique flavonoid formulation, HespercoTM. HespercoTM capsules contain a powerful […]