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Spanish banks merge in sign of hard economic times ahead
Spanish banks merge in sign of hard economic times ahead
| September 18th | 2020  8:01AM
Spanish banks merge in sign of hard economic times ahead
LISBON, Portugal (AP) — Two of Spain’s biggest banks said Friday they were merging, pushed together by a need to weather tough economic times that likely will cost thousands of jobs. The tie-up between CaixaBank and Bankia will create the largest lender in the country, with assets of more than 664 billion euros ($787 billion). The deal comes as Europe’s financial sector braces for lean times.
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Global shares mixed amid worries on coronavirus, economy
Global shares mixed amid worries on coronavirus, economy
| September 18th | 2020  7:59AM
Global shares mixed amid worries on coronavirus, economy
TOKYO (AP) — Global shares were mixed on Friday as investors weighed the uncertainties around global economic outlook and a new rise in coronavirus cases in many countries. Wall Street appeared set for a subdued start to trading, with Dow futures sinking nearly 0.1% and S&P 500 futures up nearly 0.2%. France's CAC 40 fell 0.2% to 5,031, while Germany's DAX gained 0.3% to 13,246.
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France seeks EU sanctions on Turkey over energy tensions
France seeks EU sanctions on Turkey over energy tensions
| September 18th | 2020  7:11AM
France seeks EU sanctions on Turkey over energy tensions
NICOSIA, Cyprus (AP) — France on Friday backed Cyprus' calls for the European Union to consider imposing tougher sanctions on Turkey if the Turkish government won't suspend its search for energy reserves in eastern Mediterranean waters where Cyprus and Greece claim exclusive economic rights. French Minister for European Affairs Clement…
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Egyptian, Mexican, Moldovan exit in race for top post at WTO
Egyptian, Mexican, Moldovan exit in race for top post at WTO
| September 18th | 2020  6:32AM
Egyptian, Mexican, Moldovan exit in race for top post at WTO
GENEVA (AP) — World Trade Organization member countries on Friday trimmed a list of candidates vying to become the next director-general from eight to five. They ejected applicants from Egypt, Mexico and Moldova who had been hoping to lead a trade body that has become a lightning rod of criticism for the Trump administration. The WTO’s…
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Beam Global: An Under the Radar Play on Electric Vehicles
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| September 18th | 2020  6:30AM
Beam Global: An Under the Radar Play on Electric Vehicles
In the electric vehicle (EV) space, companies like Tesla, Nikola, and NIO garner much of the market's attention due their massive growth potential as automakers. Then there are some smaller, lesser-known players that stand ready to grab a meaningful slice of the EV pie. San Diego-based Beam Global (NASDAQ:BEEM), a play on EV charging infrastructure, has the potential to charge up investors' portfolios.
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3 Social Media Stocks to Buy on the Dip
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| September 18th | 2020  6:05AM
3 Social Media Stocks to Buy on the Dip
The rise of social media over the past decade has been swift and very rewarding for early investors. Data has become a new digital currency, with major social media companies finding innovative new ways to gather, use, and sell the information its users provide daily. With so many aspects of our lives shifting online, it makes sense that social media stocks offer attractive investment potential going forward.
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Stitch Fix (NASDAQ: SFIX) Stock Gearing Up For a Recovery Buy
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| September 18th | 2020  6:00AM
Stitch Fix (NASDAQ: SFIX) Stock Gearing Up For a Recovery Buy
Online styling and apparel retailer platform Stitch Fix (NASDAQ: SFIX) shares have been in a slow but steady recovery as restarts accelerate. While the Company is an ecommerce play, it has largely been ignored by the ecommerce momentum buyers since the pandemic triggered isolation mandates stifled the demand for fashion and business casual apparel. Instead, demand for athleisure ,comfort wear and accessories were the winners.
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Apple to launch first online store in India next week
Apple to launch first online store in India next week
| September 18th | 2020  3:45AM
Apple to launch first online store in India next week
NEW DELHI (AP) — Apple announced Friday that it will launch its first online store in India next week, as it seeks to increase sales in one of the world’s fastest-growing smartphone markets. The company at present uses third-party online and offline retailers to sell its products in the country. Apple CEO Tim Cook said…
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Asia mostly higher despite Wall Street slump, virus fears
Asia mostly higher despite Wall Street slump, virus fears
| September 18th | 2020  2:46AM
Asia mostly higher despite Wall Street slump, virus fears
TOKYO (AP) — Asian shares were mostly higher Friday despite some investor attention shifting again to the uncertainties in global economies amid the coronavirus pandemic, as reflected in the overnight fall on Wall Street. Japan's benchmark Nikkei 225 gained 0.2% to finish at 23,360.30. South Korea's Kospi added 0.4% to 2,414.86. Australia's S&P/ASX 200 lost 0.3% to 5,864.50.
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Wall Street Thinks Heinz Has The Beans To Get Back To Winning Ways
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| September 18th | 2020  1:00AM
Wall Street Thinks Heinz Has The Beans To Get Back To Winning Ways
There’s nothing like a little investor’s day for a company to get back on track and to reaffirm their goals and progress. On Wednesday, that’s exactly what Kraft Heinz (NASDAQ: KHC) did and it couldn’t have come at a better time. Their shares have been sloping lower since the middle of August after putting in a solid 80% run…
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Bangladesh economy shows early signs of pandemic recovery
Bangladesh economy shows early signs of pandemic recovery
| September 18th | 2020  12:41AM
Bangladesh economy shows early signs of pandemic recovery
DHAKA,Bangladesh (AP) — A rebound in garment orders after demand crashed during spring shutdowns is helping to revive the Bangladesh economy. Apparel makers, the country’s main export industry, say they are looking ahead to Christmas orders from the U.S. and other major markets. Remittances from Bangladeshi workers employed…
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Asia slightly higher despite Wall Street slump, virus fears
Asia slightly higher despite Wall Street slump, virus fears
| September 17th | 2020  11:32PM
Asia slightly higher despite Wall Street slump, virus fears
TOKYO (AP) — Asian shares were slightly higher Friday despite some investor attention shifting again to the uncertainties in global economies amid the coronavirus pandemic, as reflected in the overnight fall on Wall Street. Japan's benchmark Nikkei 225 was little changed but inched up less than 0.1% in morning trading to 23,326.00. South Korea's Kospi added 0.3% to 2,412.37.
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Giuliani associates face new federal fraud charges
Lev Parnas
| September 17th | 2020  6:17PM
Giuliani associates face new federal fraud charges
NEW YORK (AP) — Federal prosecutors brought new wire fraud charges Thursday against an associate of former New York Mayor Rudy Giuliani who was involved in attempts to get Ukrainian officials to investigate the son of U.S. Democratic presidential nominee Joe Biden. Lev Parnas and his business partner, David Correia, were charged with defrauding investors in a business called Fraud Guarantee.
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How major US stock indexes fared Thursday
Economy news icon
| September 17th | 2020  5:14PM
How major US stock indexes fared Thursday
Stocks closed lower Thursday after another slide in technology companies led a broad sell-off on Wall Street. The sell-off, which lost some of its strength toward the late afternoon, came a day after the Federal Reserve said it will keep interest rates at nearly zero for years to support the wheezing economy. Analysts…
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The Latest: Israel starts new lockdown, warns more may come
The Latest: Israel starts new lockdown, warns more may come
| September 17th | 2020  5:10PM
The Latest: Israel starts new lockdown, warns more may come
JERUSALEM — Israeli Prime Minister Benjamin Netanyahu is warning that authorities “may have no choice” but to enact even tighter measures as the country heads into a second lockdown following a months-long rise in coronavirus cases. In a televised address late Thursday, Netanyahu predicts that other countries will also be forced to impose…
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Macmillan CEO forced out over 'direction' of company
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| September 17th | 2020  4:56PM
Macmillan CEO forced out over 'direction' of company
NEW YORK (AP) — Macmillan's longtime CEO, John Sargent, will be leaving at the end of the year, forced out by what parent company Holtzbrinck Publishing Group is calling “a disagreement regarding the direction of Macmillan.” Macmillan spokesperson Erin Coffey told The Associated Press on Thursday that Sargent's departure was the decision…
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Lawyers: Trump son won't testify in NY probe before election
Eric Trump
| September 17th | 2020  4:56PM
Lawyers: Trump son won't testify in NY probe before election
NEW YORK (AP) — President Donald Trump’s son Eric is willing to comply with a subpoena to testify in a New York investigation into the family’s business practice, but only after the Nov. 3 election, the Trumps’ lawyers said in a court filing Thursday. The lawyers argued Eric Trump’s “extreme travel schedule” related to his father’s reelection…
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Lumber Liquidators (NYSE: LL) Stock Compelling Buy At These Levels
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| September 17th | 2020  6:05AM
Lumber Liquidators (NYSE: LL) Stock Compelling Buy At These Levels
Shares of specialty hard surface retailer Lumber Liquidators (NYSE: LL) have been on a rollercoaster ride surging off its March lows of $3.77 through its pre-COVID highs in June to peak out nearly 800% higher at $29.64. The pandemic influenced stay-at-home mandates helped spur the home improvement wave as homeowners set out to remodel and renovate properties as a high demand low supply housing market took shape by storm.
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STORE Capital (NYSE:STOR) Stock: A Strong Income-Generating REIT
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| September 17th | 2020  6:00AM
STORE Capital (NYSE:STOR) Stock: A Strong Income-Generating REIT
This year, Real Estate Investment Trusts (REITs) have been on quite the ride as the pandemic ravaged the commercial real estate industry. Since many retail businesses were forced to close up shop during the onset of the pandemic, collecting rent payments became a big issue for REITs during the first half of the year. This uncertainty led to large selloffs in the REIT sector that had many investors running for the exit.
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Snap-on Incorporated Forecasted to Earn FY2021 Earnings of $10.22 Per Share (NYSE:SNA)
KeyCorp Analysts Increase Earnings Estimates for FedEx Co. (NYSE:FDX)
Brokers Issue Forecasts for TE Connectivity Ltd's Q2 2021 Earnings (NYSE:TEL)
Q1 2021 EPS Estimates for American Express (NYSE:AXP) Lowered by Analyst
Boston Scientific Co. Forecasted to Earn Q1 2021 Earnings of $0.37 Per Share (NYSE:BSX)
Q1 2021 EPS Estimates for Cracker Barrel Old Country Store, Inc. Reduced by Truist Securiti (NASDAQ:CBRL)
Barrington Research Brokers Boost Earnings Estimates for Cinemark Holdings, Inc. (NYSE:CNK)
Crocs, Inc. (NASDAQ:CROX) to Post Q1 2021 Earnings of $0.39 Per Share, B. Riley Forecasts
Camping World Holdings Inc (NYSE:CWH) to Post Q1 2021 Earnings of $0.24 Per Share, Jefferies Financial Group Forecasts
Darden Restaurants, Inc. to Post Q1 2021 Earnings of $0.05 Per Share, KeyCorp Forecasts (NYSE:DRI)
KeyCorp Brokers Increase Earnings Estimates for Ethan Allen Interiors Inc. (NYSE:ETH)
Q1 2021 Earnings Estimate for K12 Inc. (NYSE:LRN) Issued By Barrington Research
Altria Group Inc to Post Q1 2021 Earnings of $1.07 Per Share, Piper Sandler Forecasts (NYSE:MO)
Q1 2021 EPS Estimates for Nike Inc Increased by Piper Sandler (NYSE:NKE)
Q1 2021 EPS Estimates for Scotts Miracle-Gro Co (NYSE:SMG) Lifted by Truist Securiti
Q4 2020 Earnings Forecast for Apple Inc. (NASDAQ:AAPL) Issued By Jefferies Financial Group
Northcoast Research Brokers Boost Earnings Estimates for Mohawk Industries, Inc. (NYSE:MHK)
Pi Financial Weighs in on SSR Mining Inc's Q4 2020 Earnings (NASDAQ:SSRM)
Cormark Analysts Cut Earnings Estimates for IT Tech Packaging (NASDAQ:TFII)

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Analyst Ratings

CompanyBrokerageAction
Truist Financial Corporation logo
TFC
Truist Financial Corporation
Raymond JamesBoost Price Target
$44.00 ➝ $45.00
Delek US Holdings Inc logo
DK
Delek US Holdings Inc
Raymond JamesLower Price Target
$20.00 ➝ $18.00
Phillips 66 logo
PSX
Phillips 66
Raymond JamesLower Price Target
$75.00 ➝ $69.00
Valero Energy Co. logo
VLO
Valero Energy Co.
Raymond JamesLower Price Target
$63.00 ➝ $60.00
Algonquin Power & Utilities Corp logo
AQN
Algonquin Power & Utilities Corp
Morgan StanleyLower Price Target
$16.00 ➝ $15.50
Ameren Corp logo
AEE
Ameren Corp
Morgan StanleyBoost Price Target
$80.00 ➝ $81.00
American Electric Power Company Inc logo
AEP
American Electric Power Company Inc
Morgan StanleyLower Price Target
$100.00 ➝ $98.00
Atmos Energy Co. logo
ATO
Atmos Energy Co.
Morgan StanleyLower Price Target
$101.00 ➝ $88.00
Avangrid Inc logo
AGR
Avangrid Inc
Morgan StanleyBoost Price Target
$49.00 ➝ $50.00
Bloom Energy Corp logo
BE
Bloom Energy Corp
Morgan StanleyBoost Price Target
$21.00 ➝ $23.00
CenterPoint Energy, Inc. logo
CNP
CenterPoint Energy, Inc.
Morgan StanleyLower Price Target
$21.00 ➝ $19.00
CMS Energy Co. logo
CMS
CMS Energy Co.
Morgan StanleyLower Price Target
$59.00 ➝ $57.00
See All Analyst Ratings

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