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UK reportedly poised to backtrack on Huawei inclusion in 5G
UK reportedly poised to backtrack on Huawei inclusion in 5G
| July 14th | 2020  7:20AM
UK reportedly poised to backtrack on Huawei inclusion in 5G
LONDON (AP) — The British government is reportedly poised to backtrack on plans to give Chinese telecommunications giant Huawei a limited role in the U.K.‘s new high-speed mobile phone network, a decision with broad implications for relations between the two countries. Britain’s decision to re-examine the question, the results of which will be announced Tuesday, came after the U.S.
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“Growth has stalled" .... surging infections hit Delta
“Growth has stalled\" .... surging infections hit Delta
| July 14th | 2020  7:12AM
“Growth has stalled" .... surging infections hit Delta
Delta Air Lines lost $5.7 billion during a brutal three-month stretch in which air travel collapsed because of the coronavirus pandemic, and a hoped-for recovery has been delayed by a resurgence of infected Americans. “Growth has stalled,” Delta CEO Ed Bastian said. “It was growing at a pretty nice clip through June. The virus, unfortunately,…
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Denny’s (NASDAQ: DENN) Shares Entering Value Play Territory
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| July 14th | 2020  7:10AM
Denny’s (NASDAQ: DENN) Shares Entering Value Play Territory
Iconic diner restaurant chain Denny’s, Inc. (NASDAQ: DENN) shares have been suffering since peaking out at $14.96 post-pandemic on June 6, 2020. Shares have collapsed towards pandemic lows fading against the strength of the benchmark S&P 500 index (NYSEARCA: SPY). The relaxing of isolation mandates initially improved sentiment but the rise…
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Dollar Tree (NASDAQ: DLTR) Stock a Buy: The Perfect Recession Play
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| July 14th | 2020  7:00AM
Dollar Tree (NASDAQ: DLTR) Stock a Buy: The Perfect Recession Play
Although the stock market has been in a clear uptrend for months, there are plenty of valid concerns about the state of the U.S. economy at this point. Unemployment remains high and we are still learning about the true extent of the economic damage caused by lockdowns and the pandemic. In early June, the National Bureau of Economic Research officially declared that the U.S.
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White House campaign urges jobless to 'find something new'
Donald Trump
| July 14th | 2020  6:02AM
White House campaign urges jobless to 'find something new'
WASHINGTON (AP) — A new White House-backed ad campaign aims to encourage people who are unemployed or unhappy in their jobs or careers to go out and “find something new.” The opening ad in the “Find Something New” campaign beginning Tuesday features ordinary people sharing their stories. A companion website provides links to training and other resources.
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Singapore economy contracts 41% on quarterly basis
Singapore economy contracts 41% on quarterly basis
| July 14th | 2020  5:53AM
Singapore economy contracts 41% on quarterly basis
SINGAPORE (AP) — Singapore's economy entered recession in the April-June quarter, contracting 12.6% from the same period a year earlier. Preliminary data reported Tuesday showed the economy contracting 41.2% in quarterly terms in April-June as the city-state, heavily reliant on trade and tourism, imposed “circuit breaker” precautions to curb the coronavirus pandemic.
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Huawei posts 13.1% revenue growth amid pandemic, sanctions
Huawei posts 13.1% revenue growth amid pandemic, sanctions
| July 14th | 2020  5:48AM
Huawei posts 13.1% revenue growth amid pandemic, sanctions
HONG KONG (AP) — Huawei Technologies reported Tuesday that its revenue grew 13.1% in the first half of the year compared with a year earlier, despite sanctions from the U.S and challenges from the coronavirus pandemic. Revenue rose to 454 billion yuan ($64.9 billion) in January-June compared to 401.3 billion yuan during the same period last year.
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UK economic bounceback falls short of V-shaped recovery hope
UK economic bounceback falls short of V-shaped recovery hope
| July 14th | 2020  5:20AM
UK economic bounceback falls short of V-shaped recovery hope
LONDON (AP) — The British economy grew by far less than anticipated during May, dampening hopes that the recovery from what is set to be one of the country's deepest recessions in centuries will be rapid. The Office for National Statistics said Tuesday that the economy grew by 1.8% in May from the previous month after some easing of the lockdown, such as encouraging those in construction or manufacturing to return to work.
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Global shares drop on jitters over virus, China-US friction
Global shares drop on jitters over virus, China-US friction
| July 14th | 2020  5:17AM
Global shares drop on jitters over virus, China-US friction
TOKYO (AP) — Global shares fell Tuesday as skepticism set in about the recent upward momentum in global markets given rising confirmed coronavirus cases and percolating tensions between the U.S. and China. France's CAC 40 slipped 1.8% in early trading to 4,967.27, while Germany's DAX was down 1.5% at 12,606.80. Britain's FTSE 100 dipped 0.4% to 6,148.83.
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Small businesses worldwide fight for survival amid pandemic
Small businesses worldwide fight for survival amid pandemic
| July 14th | 2020  3:55AM
Small businesses worldwide fight for survival amid pandemic
Hour after hour in the dark, Chander Shekhar’s mind raced ahead to morning. More than three months had dragged by since the coronavirus forced Shekhar to shut down his business — a narrow, second-floor shop racked with vibrantly colored saris, on a block in New York’s Jackson Heights neighborhood once thronged with South Asian immigrant shoppers.
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UK economic bounceback in May far slower than anticipated
Consumer products and services news icon
| July 14th | 2020  3:41AM
UK economic bounceback in May far slower than anticipated
LONDON (AP) — The British economy grew by far less than anticipated during May, dampening hopes that the recovery from what is set to be one of the country's deepest recessions in centuries will be rapid. The Office for National Statistics said Tuesday that the economy grew by 1.8% in May from the previous month after some easing of the lockdown, such as encouraging those in construction or manufacturing to return to work.
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Widow of ex-Korean Air boss convicted of assaulting workers
Lee Myung-hee
| July 14th | 2020  2:59AM
Widow of ex-Korean Air boss convicted of assaulting workers
SEOUL, South Korea (AP) — The widow of the former Korean Air chairman received a suspended prison sentence Tuesday for assault and other abuses of her chauffeur, security guard and other employees in a case that extended a bizarre legal saga surrounding the company’s founding family. The Seoul Central District Court found the 70-year-old…
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The Container Store (NYSE: TCS) Stock Building Steam for a Larger Rally
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| July 13th | 2020  1:00AM
The Container Store (NYSE: TCS) Stock Building Steam for a Larger Rally
Storage products retailer The Container Store (NYSE: TCS) shares have languished throughout 2020 falling with the benchmark S&P 500 index (NYSEARCA: SPY) but not participating in the rally back to -pre-COVID levels until recently. The market is questioning whether TCS is a pandemic benefactor due to its 93 brick and mortar stores but is reconsidering the utility of products during lockdowns and the efficiency of their online commerce.
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CubeSmart (NYSE: CUBE) Offers Excellent Value and Yield
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| July 13th | 2020  1:00AM
CubeSmart (NYSE: CUBE) Offers Excellent Value and Yield
CubeSmart (NYSE: CUBE), a self-administered and self-managed REIT, provides its customers with storage space. While this is far from the sexiest industry, CUBE shares offer excellent value and yield at current levels. Like many companies, CubeSmart has been forced to alter its operations to adjust to the “new-normal” environment. But a…
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Disney Stock (NYSE: DIS) Rallies Into Park Reopening
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| July 13th | 2020  1:00AM
Disney Stock (NYSE: DIS) Rallies Into Park Reopening
It’s been touch and go for several weeks but on Saturday, The Walt Disney Company (NYSE: DIS) officially reopened its Walt Disney World theme park in Orlando after months of coronavirus driven closure. Even though the number of guests allowed in was limited and tightly controlled, there are still many who thought the move was a little premature…
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Alibaba Aims for 1 Billion Consumers As Stock Hits All-Time Highs
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| July 13th | 2020  1:00AM
Alibaba Aims for 1 Billion Consumers As Stock Hits All-Time Highs
With more than a 50% rally from the lows of March through last week, few on Wall Street are bearish when it                                                                      …
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Guidance Lifts Pepsico, Double-Digit Gains Are Still In Sight
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| July 13th | 2020  1:00AM
Guidance Lifts Pepsico, Double-Digit Gains Are Still In Sight
Pepsico Was Already A Buy Pepsico (NASDAQ: PEP) was a buy long before it released calendar 2nd quarter earnings. The company is the second-largest soft drink brand on the planet and a well-diversified, dividend-paying consumer staple. When it comes to the dividend, Pepsico’s pedigree bears the hallmarks of royalty. With 48 years of consecutive…
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There’s Another 20% Still In Store For Big Tech
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| July 13th | 2020  1:00AM
There’s Another 20% Still In Store For Big Tech
Wedbush Doubles-Down On Secular Tech Winners Last week, in a letter to shareholders, Wedbush doubled-down on big-tech names calling for another 20% to 30% upside for secular winners. The analysts say Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) will be the biggest winners during the next phase of the market but they are not the only ones well-positioned…
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Pfizer (PFE) Looks Like a Buy as Vaccine Chances Surge
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| July 13th | 2020  1:00AM
Pfizer (PFE) Looks Like a Buy as Vaccine Chances Surge
There's little doubt that in the pharmaceutical market right now, the biggest prize of all is a coronavirus vaccine. Companies throughout the market are jockeying frantically for position, each one desperate to gain that first-mover advantage of being the first company with a potential way to halt the disease and get the world back to some kind of normal.
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Analyst Ratings

CompanyBrokerageAction
Aspen Group Inc logo
ASPU
Aspen Group Inc
B. RileyInitiated Coverage
at $14.00
EverBank Financial Corp logo
EVER
EverBank Financial Corp
BofA SecuritiesDowngrade
to Underperform
Wayfair Inc logo
W
Wayfair Inc
WedbushUpgrade
to Outperform
Quest Diagnostics Inc logo
DGX
Quest Diagnostics Inc
BofA SecuritiesUpgrade
to Buy
Matador Resources Co logo
MTDR
Matador Resources Co
MKM PartnersUpgrade
to Buy
Laboratory Corp. of America Holdings logo
LH
Laboratory Corp. of America Holdings
BofA SecuritiesUpgrade
to Buy
Hecla Mining logo
HL
Hecla Mining
B. RileyUpgrade
to Buy
Harley-Davidson Inc logo
HOG
Harley-Davidson Inc
BMO Capital MarketsUpgrade
to Outperform
Mohawk Industries, Inc. logo
MHK
Mohawk Industries, Inc.
Wells Fargo & CoLower Price Target
$80.00 ➝ $70.00
Teladoc Health Inc logo
TDOC
Teladoc Health Inc
CitigroupInitiated Coverage
at Buy
Inovalon Holdings Inc logo
INOV
Inovalon Holdings Inc
CitigroupInitiated Coverage
at Neutral
HMS Holdings Corp logo
HMSY
HMS Holdings Corp
CitigroupInitiated Coverage
at Neutral
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