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Hottest commodity in Lebanon's economic chaos: The US dollar
Hottest commodity in Lebanon's economic chaos: The US dollar
| July 8th | 2020  8:17AM
Hottest commodity in Lebanon's economic chaos: The US dollar
BEIRUT (AP) — The lines snaked around the block. Then they swelled to fill the whole street, before they turned into a raucous mob of men shoving to the front of the line. There at the exchange bureau, they could buy rationed dollars, the hottest commodity in Lebanon. The small Mediterranean country’s financial meltdown has thrown Lebanese into a frantic search for dollars as their local currency's value evaporates.
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Allstate acquires National General for $4 billion in cash
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| July 8th | 2020  8:12AM
Allstate acquires National General for $4 billion in cash
SILVER SPRING, Md. (AP) — Allstate is buying National General Holdings for $4 billion in cash, expanding the scope of its insurance holdings. National General shareholders will get $32 per share that they hold, plus closing dividends of about $2.50 per share, for a total of about $34.50 each. National General had gross…
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Global shares mixed as pandemic uncertainty squelches buying
Global shares mixed as pandemic uncertainty squelches buying
| July 8th | 2020  7:46AM
Global shares mixed as pandemic uncertainty squelches buying
TOKYO (AP) — Global stock markets were mixed Wednesday as uncertainty over the coronavirus pandemic sapped the buying enthusiasm that has been driving prices higher. Wall Street appeared set to edge up on the open, with Dow futures up 0.1% and S&P 500 futures 0.2% higher. In Europe, France's CAC 40 fell 0.7% to 5,007, while Germany's DAX was down 0.3% at 12,580.
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UK Treasury chief plans boost to youth jobs
Rishi Sunak
| July 8th | 2020  3:54AM
UK Treasury chief plans boost to youth jobs
LONDON (AP) — British Treasury chief Rishi Sunak on Wednesday is set to announce a 2-billion-pound ($2.5 billion) program to create jobs for young people as the government tries to revive an economy battered by the COVID-19 pandemic. Announcement of the funding, which will create government-subsidized minimum wage jobs for 16- to 24-year-olds,…
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Asian shares mostly lower as pandemic saps buying momentum
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| July 8th | 2020  2:28AM
Asian shares mostly lower as pandemic saps buying momentum
TOKYO (AP) — Shares were mostly lower in Asia on Wednesday as uncertainty over the coronavirus pandemic sapped the buying enthusiasm that has been driving prices higher. The selling followed a deeper pullback on Wall Street and in France, Germany and elsewhere after the European Union’s executive arm said this year’s recession caused by the pandemic will be deeper than forecast.
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PayPal (NASDAQ: PYPL) Stock Moves Steadily Upward
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| July 8th | 2020  1:00AM
PayPal (NASDAQ: PYPL) Stock Moves Steadily Upward
We’ve heard that slow and steady wins the race, but how about just steady? Since putting in a COVID-19 low on March 23, shares of online payments giant PayPal (NASDAQ: PYPL) have been moving just one direction, north. Following the crash in equities through much of February and March, PayPal’s shares had fallen 35% from the all-time highs they had just set in January.
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Nu Skin (NYSE: NUS) Climbs on Bump in Guidance: Are Shares Still a Good Value?
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| July 8th | 2020  1:00AM
Nu Skin (NYSE: NUS) Climbs on Bump in Guidance: Are Shares Still a Good Value?
Nu Skin Enterprises (NYSE: NUS) climbed nearly 25% on massive volume during the final trading session before the long July 4thweekend. Shares of the personal care and wellness products company moved in response to an update to its Q2 guidance; it now expects $603 to $608 million in revenue for the quarter. Nu Skin’s previous forecast called for…
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3 Value Stocks to Consider Buying Now
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| July 8th | 2020  1:00AM
3 Value Stocks to Consider Buying Now
Investors tend to group stocks into two broad categories: value stocks and growth stocks. Both offer their own unique set of advantages, but in this market, it might be the right time to start focusing on buying undervalued companies with solid fundamentals. With growth stocks hitting new all-time highs seemingly every day, the possibility for a correction and sky-high valuations is turning some investors towards value stocks.
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Nvidia (NASDAQ: NVDA) Is Still A Buy, Even at All-Time Highs
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| July 8th | 2020  1:00AM
Nvidia (NASDAQ: NVDA) Is Still A Buy, Even at All-Time Highs
With a 100% rally from February 2019 through February 2020, many investors of blue-chip chip stock Nvidia (NASDAQ: NVDA) were surely popping bottles and congratulating themselves on the completion of a stunning recovery. From a previous all time high set in October 2018, shares had fallen more than 50% over the following few months and many would have…
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Genuine Parts Co. (NYSE: GPC) Stock is a Restart Winner
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| July 7th | 2020  6:23AM
Genuine Parts Co. (NYSE: GPC) Stock is a Restart Winner
Automotive parts supplier Genuine Parts Co. (NYSE: GPC) shares have moved in parallel with the benchmark  S&P 500 index (NYSEARCA: SPY) from the pandemic panic sell-off in February to the recovery since the end of March 2020. The Company distributes automotive and industrial replacement parts through North America and Europe. The stay-in-shelter…
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Overstock (NASDAQ: OSTK) Has Soared Since Mid-March: Can It Keep Rolling?
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| July 7th | 2020  1:00AM
Overstock (NASDAQ: OSTK) Has Soared Since Mid-March: Can It Keep Rolling?
Online retailer Overstock.com (NASDAQ: OSTK) has had quite the ride in 2020. After spending the first seven weeks of the year range-bound between around $7.50 and $9.50 a share, pandemic-related fears sent shares down to a mid-March low of $2.53 a share. Since then, the stock has skyrocketed to nearly $40 a share. That includes yesterday’s gain…
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Shopify (NYSE:SHOP) Continues to Fire On All Cylinders
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| July 7th | 2020  1:00AM
Shopify (NYSE:SHOP) Continues to Fire On All Cylinders
Shopify (NYSE: SHOP) continues to move higher on news of yet another paradigm-shifting partnership with Chipotle Mexican Grill (NYSE: CMG). The two companies are partnering to create a virtual farmer’s market. On June 30, Shopify announced that it would help create virtual storefronts for chain suppliers of Chipotle restaurants. For its part,…
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Freeport-McMoRan (NYSE: FCX) Recovery Flies Past 100% Mark
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| July 7th | 2020  1:00AM
Freeport-McMoRan (NYSE: FCX) Recovery Flies Past 100% Mark
By the time Monday’s session drew to a close, there was no denying that shares of mining giant Freeport-McMoRan (NYSE: FCX) had successfully tapped into value hunting investors who have been rushing back into equities in the aftermath of March’s lows. It might have been hard to see it happening back in the depths of Q1 when the stock was…
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Trip.com (NASDAQ: TCOM) Jumps 10% In Two Sessions
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| July 7th | 2020  1:00AM
Trip.com (NASDAQ: TCOM) Jumps 10% In Two Sessions
Even though coronavirus cases in the US are still surging in many states and much-awaited reopenings are being rolled back, stocks have continued to see a strong bid in recent weeks. There has been much head-scratching as to how this can be with reports of up to half the US population being unemployed, but there we are. Stocks like Amazon (NASDAQ:…
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It’s Time To Get Piggish On Harley Davidson (NYSE: HOG)
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| July 7th | 2020  1:00AM
It’s Time To Get Piggish On Harley Davidson (NYSE: HOG)
Citi Sets Street High Price Target For Harley Davidson One of the many adages driving stock market sentiment is the idea that pigs get fat and hogs get slaughtered. What this means is that when the time is right it’s OK to be a little greedy with your investments or trading so long as you don’t forget about the risk. Being a little piggish…
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Bloomin' Brands (NASDAQ: BLMN) Has Recovery On the Menu
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| July 7th | 2020  1:00AM
Bloomin' Brands (NASDAQ: BLMN) Has Recovery On the Menu
The restaurant sector has been beaten pretty badly by the coronavirus outbreak, which only makes sense when—like a lot of retailers—you're required by government mandate to close most of your storefronts and operate essentially only out of a back room. Bloomin' Brands (NASDAQ: BLMN) is no exception, and worse yet, this one had some pretty hefty downside going into the pandemic.
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General Mills (GIS) VS Kellogg Company (K): One Stock Is Clearly Winning
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| July 7th | 2020  1:00AM
General Mills (GIS) VS Kellogg Company (K): One Stock Is Clearly Winning
Evenly Matched But One Is Clearly Winning In my quest for the very best consumer staples investments for dividend-growth, I’ve matched two of the market’s most iconic brands. In the one corner is General Mills (NYSE: GIS)  and the other Kellogg Company (NYSE: K). Both are well-known as purveyors of fine breakfast cereals, both are…
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As Small Businesses Try to Recover so Too Does Paychex (NASDAQ:PAYX)
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| July 7th | 2020  1:00AM
As Small Businesses Try to Recover so Too Does Paychex (NASDAQ:PAYX)
We sometimes hear an economy referred to as a Goldilocks economy, not too hot, not too cold. At the individual stock level, Paychex (NASDAQ:PAYX) can be considered a Goldilocks company - not too exciting, but not all that boring either. The fortunes of the Rochester, New York-based payroll services provider are largely tied to the success of small businesses.
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3 Digital Health Stocks That Will Keep Your Portfolio Well
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| July 7th | 2020  1:00AM
3 Digital Health Stocks That Will Keep Your Portfolio Well
Healthcare is going digital. And yet this is one case where technology is actually bringing back a little intimacy to the doctor-patient relationship. I’m generally fascinated by the way events, such as the Covid-19 pandemic, bring about or provide a catalyst for trends that when we look at them in 10 years will seem so obvious. That’s…
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BioLife Solutions (NASDAQ:BLFS) Price Target Raised to $26.00
Cimarex Energy (NYSE:XEC) PT Raised to $32.00
Morgan Stanley Increases Cactus (NYSE:WHD) Price Target to $22.00
Vale (NYSE:VALE) Price Target Raised to $16.00
Turning Point Brands (NYSE:TPB) Earns Buy Rating from Analysts at Craig Hallum
Synchrony Financial (NYSE:SYF) Price Target Raised to $22.00 at Citigroup
Citigroup Increases Schneider National (NYSE:SNDR) Price Target to $30.00
DA Davidson Increases Smartsheet (NYSE:SMAR) Price Target to $50.00
Regal Beloit (NYSE:RBC) Price Target Raised to $93.00
New Mountain Finance (NYSE:NMFC) Stock Rating Upgraded by Zacks Investment Research
Knight-Swift Transportation (NYSE:KNX) PT Raised to $50.00
Host Hotels and Resorts (NYSE:HST) Price Target Cut to $12.00 by Analysts at Royal Bank of Canada
Goldman Sachs Group (NYSE:GS) PT Raised to $265.00
Wedbush Boosts Deckers Outdoor (NYSE:DECK) Price Target to $211.00
Concho Resources (NYSE:CXO) Given New $58.00 Price Target at Morgan Stanley
Morgan Stanley Boosts Core Laboratories (NYSE:CLB) Price Target to $24.00
STAAR Surgical (NASDAQ:STAA) Price Target Increased to $70.00 by Analysts at Canaccord Genuity
Sprouts Farmers Market (NASDAQ:SFM) Rating Lowered to Underweight at Barclays
Intellia Therapeutics (NASDAQ:NTLA) Upgraded to Buy by Zacks Investment Research

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Analyst Ratings

CompanyBrokerageAction
BioLife Solutions Inc logo
BLFS
BioLife Solutions Inc
Maxim GroupBoost Price Target
$18.00 ➝ $26.00
Turning Point Brands Inc logo
TPB
Turning Point Brands Inc
Craig HallumInitiated Coverage
at $40.00
Sprouts Farmers Market Inc logo
SFM
Sprouts Farmers Market Inc
BarclaysDowngrade
to Underweight
Eldorado Resorts Inc logo
ERI
Eldorado Resorts Inc
Jefferies Financial GroupBoost Price Target
$38.00 ➝ $51.00
Lincoln Electric Holdings, Inc. logo
LECO
Lincoln Electric Holdings, Inc.
Robert W. BairdBoost Price Target
$86.00 ➝ $91.00
STAAR Surgical logo
STAA
STAAR Surgical
Canaccord GenuityBoost Price Target
$45.00 ➝ $70.00
GenMark Diagnostics, Inc logo
GNMK
GenMark Diagnostics, Inc
Canaccord GenuityBoost Price Target
$17.00 ➝ $20.00
Smartsheet Inc logo
SMAR
Smartsheet Inc
DA DavidsonBoost Price Target
$45.00 ➝ $50.00
Deckers Outdoor Corp logo
DECK
Deckers Outdoor Corp
WedbushBoost Price Target
$185.00 ➝ $211.00
Seanergy Maritime Holdings Corp. logo
SHIP
Seanergy Maritime Holdings Corp.
Maxim GroupDowngrade
to Hold
Regal Beloit Corp logo
RBC
Regal Beloit Corp
KeyCorpBoost Price Target
$90.00 ➝ $93.00
Assembly Biosciences Inc logo
ASMB
Assembly Biosciences Inc
SVB LeerinkBoost Price Target
$36.00 ➝ $38.00
See All Analyst Ratings

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