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World shares mostly higher after Wall Street rally
World shares mostly higher after Wall Street rally
| May 28th | 2020  6:13AM
World shares mostly higher after Wall Street rally
BANGKOK (AP) — Global markets were mostly higher on Thursday as investors pinned their hopes on an economic rebound from the coronavirus pandemic. Shares rose in Paris, London and Tokyo but dropped in Hong Kong, where tensions are flaring over Beijing’s effort to exert more control over the former British colony. Germany's DAX gained 0.7% to 11,740.63 and the CAC 40 in Paris climbed 0.8% to 4,722.51.
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Hong Kong's business hub status imperiled by security law
Hong Kong's business hub status imperiled by security law
| May 28th | 2020  5:38AM
Hong Kong's business hub status imperiled by security law
HONG KONG (AP) — A national security law proposed by China could imperil Hong Kong’s status as one of the world’s best places to do business. The law, approved Thursday in Beijing, led Secretary of State Mike Pompeo to say Washington will no longer treat Hong Kong, already reeling from anti-government protests and the pandemic, as autonomous…
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The Latest: Tanzania virus data not updated in a month
The Latest: Tanzania virus data not updated in a month
| May 28th | 2020  5:29AM
The Latest: Tanzania virus data not updated in a month
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Virus deaths surpass 100,000 in US while cases rise in India. …
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Nissan to close Indonesia, Spain auto plants after losses
Nissan to close Indonesia, Spain auto plants after losses
| May 28th | 2020  5:22AM
Nissan to close Indonesia, Spain auto plants after losses
TOKYO (AP) — Nissan announced Thursday it will close two auto plants, in Spain and Indonesia, as it sank into the red for the first time in 11 years after the coronavirus pandemic sent global demand plunging and halted production. Nissan’s Chief Executive Makoto Uchida told reporters the production in Europe will be centered at the British…
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The Latest: Russia cases increase; 3rd highest in the world
Economy news icon
| May 28th | 2020  4:45AM
The Latest: Russia cases increase; 3rd highest in the world
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Virus deaths surpass 100,000 in US while cases rise in India. …
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Nissan plans to close Barcelona factories, 3,000 jobs lost
Nissan plans to close Barcelona factories, 3,000 jobs lost
| May 28th | 2020  4:02AM
Nissan plans to close Barcelona factories, 3,000 jobs lost
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'Didn't give a damn': Inside a ravaged Spanish nursing home
'Didn't give a damn': Inside a ravaged Spanish nursing home
| May 28th | 2020  3:26AM
'Didn't give a damn': Inside a ravaged Spanish nursing home
MADRID (AP) — Zoilo Patiño was just one of more than 19,000 elderly people to die of coronavirus in Spain’s nursing homes but he has come to symbolize a system of caring for the country’s most vulnerable that critics say is desperately broken. When the Alzheimer’s-stricken 84-year-old succumbed in March on the same day 200 others died…
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Most Australian News Corp small papers to go digital-only
Most Australian News Corp small papers to go digital-only
| May 28th | 2020  2:49AM
Most Australian News Corp small papers to go digital-only
CANBERRA, Australia (AP) — Australia’s largest newspaper publisher, News Corp., announced on Thursday that most of its suburban and regional mastheads across the country will become digital-only next month due to the pandemic and digital platforms sharing their content. News Corp. Australasia executive chairman Michael Miller described the shift that will take effect on June 29 as significant and said jobs will be lost.
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Asian shares mixed after Wall Street rally; Hong Kong lower
Stock markets news icon
| May 28th | 2020  2:18AM
Asian shares mixed after Wall Street rally; Hong Kong lower
BANGKOK (AP) — Asian stocks were mixed after an upbeat open on Thursday, as investors pinned their hopes on an economic rebound from the coronavirus crisis. Shares rose in Tokyo, Sydney and Mumbai but dropped in Hong Kong, where tensions are flaring over Beijing’s effort to exert more control over the former British colony. …
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Lebanon crisis brings mixed legacy for central bank governor
Riad Salameh
| May 28th | 2020  2:14AM
Lebanon crisis brings mixed legacy for central bank governor
BEIRUT (AP) — Touted as the guardian of Lebanon’s monetary stability, he steered the tiny country's finances for nearly three decades, through post-war recovery and bouts of unrest. Now, Lebanon’s central bank governor is being called a “thief” by some anti-government protesters who see him as a member of a corrupt ruling elite whose mismanagement has driven the country to the edge of bankruptcy.
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The Latest: India sees record jump of COVID-19 cases
The Latest: India sees record jump of COVID-19 cases
| May 28th | 2020  1:02AM
The Latest: India sees record jump of COVID-19 cases
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: —India coronavirus cases continue to rise with record jump of over 6,500 …
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The Latest: South Korea's central bank lowers rate to 0.5%
Legislature news icon
| May 27th | 2020  10:25PM
The Latest: South Korea's central bank lowers rate to 0.5%
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — US deaths from coronavirus surpass 100,000 mark. — Long Island…
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Arizona sues Google over 'deceptive' location tracking
Law and order news icon
| May 27th | 2020  9:33PM
Arizona sues Google over 'deceptive' location tracking
PHOENIX (AP) — Google kept tabs on the whereabouts of its users even if they had turned off location tracking, an Arizona official alleged in a lawsuit filed Wednesday. The suit filed by Attorney General Mark Brnovich stemmed from an investigation that began after The Associated Press reported on Google's location tracking in 2018. …
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The Latest: China reports only two new cases of coronavirus
Economy news icon
| May 27th | 2020  9:12PM
The Latest: China reports only two new cases of coronavirus
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — US deaths from coronavirus surpass 100,000 mark. — Long Island…
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Big Quarter for Pizza as Papa John's (PZZA) and Domino's (DPZ) Report Gains
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| May 27th | 2020  1:00AM
Big Quarter for Pizza as Papa John's (PZZA) and Domino's (DPZ) Report Gains
With restaurant dining rooms only just starting to come back in a lot of places—some have been open for most of a month in at least some capacity—one thing was clear: when the going gets tough, America gets take-out. And take-out pizza was a very big deal in the last month, as reported by earnings from both Papa John's (NASDAQ: PZZA) and…
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This Is The Most Virus-Resistant Retail Stock On The Market?
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| May 27th | 2020  1:00AM
This Is The Most Virus-Resistant Retail Stock On The Market?
And The Winner Is? When it comes to the market and who wins and who doesn’t the only votes that count are dollars. Looking at the market and using percentage gain as the measure there is a clear winner when it comes to the pandemic. Up nearly 50% from its pre-correction levels, Tractor Supply Co. (TSCO) just announced some news that has the stock even higher in today’s action.
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There are Better Buys than HP at the Moment (HPQ)
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| May 27th | 2020  1:00AM
There are Better Buys than HP at the Moment (HPQ)
Investors will be looking for clarity as Hewlett Packard Inc. (NYSE:HPQ) prepares to report second-quarter 2020 earnings on May 27, 2020. Whether or not the company hits analysts’ projections for revenue is largely irrelevant. On a year-over-year basis both sales and profit are likely to be down considerably. However, investors will be keen to hear the guidance that Hewlett Packard (HP) will provide.
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Zoom Stock Has Peaked - Here's Why (ZM)
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| May 27th | 2020  1:00AM
Zoom Stock Has Peaked - Here's Why (ZM)
If a stock is pretty much flat in terms of performance over the past two months, while the broader equity market as a whole has undergone an eye-watering powerful recovery, investors will be asking the uncomfortable questions. That’s the situation that Zoom Communications (NASDAQ: ZM) finds itself in as the coronavirus pandemic continues to retreat…
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Under Armour (NYSE: UAA) (NYSE: UA) Stock an Undervalued Buying Opportunity
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| May 27th | 2020  1:00AM
Under Armour (NYSE: UAA) (NYSE: UA) Stock an Undervalued Buying Opportunity
Shares of the enigmatic athleisure brand Under Armour (NYSE: UAA) (NYSE: UA) have been in a downtrend since peaking in July 2019 at $27.72 on the heels of its last upbeat earnings report. Management ate crow in the following quarters as they missed guidance and continued to lose credibility with shrinking forecasts underscoring the inept performance.
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Analyst Ratings

CompanyBrokerageAction
Bank of Montreal logo
BMO
Bank of Montreal
BMO Capital MarketsDowngrade
to Sector Perform
Helmerich & Payne, Inc. logo
HP
Helmerich & Payne, Inc.
Piper SandlerUpgrade
to Overweight
ABIOMED, Inc. logo
ABMD
ABIOMED, Inc.
BTIG ResearchDowngrade
to Hold
TreeHouse Foods Inc. logo
THS
TreeHouse Foods Inc.
DA DavidsonInitiated Coverage
at Buy
TopBuild Corp logo
BLD
TopBuild Corp
Credit Suisse GroupInitiated Coverage
at Outperform
Meritage Homes Corp logo
MTH
Meritage Homes Corp
Credit Suisse GroupInitiated Coverage
at Outperform
Mohawk Industries, Inc. logo
MHK
Mohawk Industries, Inc.
Credit Suisse GroupInitiated Coverage
at Underperform
Jeld-Wen Holding Inc logo
JELD
Jeld-Wen Holding Inc
Credit Suisse GroupInitiated Coverage
at Underperform
Stanley Black & Decker, Inc. logo
SWK
Stanley Black & Decker, Inc.
Credit Suisse GroupInitiated Coverage
at Neutral
Armstrong World Industries Inc logo
AWI
Armstrong World Industries Inc
Credit Suisse GroupInitiated Coverage
at Outperform
Fortune Brands Home & Security Inc logo
FBHS
Fortune Brands Home & Security Inc
Credit Suisse GroupInitiated Coverage
at Neutral
Toll Brothers Inc logo
TOL
Toll Brothers Inc
Credit Suisse GroupInitiated Coverage
at Neutral
See All Analyst Ratings

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