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Micron Technologies Stock is a Bargain at These Levels
Micron Technologies Stock is a Bargain at These Levels
| May 18th | 2021  1:00AM
Micron Technologies Stock is a Bargain at These Levels
Memory and storage chip giant Micron Technology (NYSE: MU) stock has been selling off with the rest of the chip stocks as investors flee growth for value stocks amidst the global chip shortage. The maker of DRAM, NAND, and NOR memory chips was a pandemic benefactor and is set to gain from the re-openings, but the supply shortage is impacting sentiment.
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Samsung thrives as Seoul mulls pardon of corporate heir
Lee Jae-yong
| May 18th | 2021  12:37AM
Samsung thrives as Seoul mulls pardon of corporate heir
SEOUL, South Korea (AP) — Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison after his conviction in a massive corruption scandal, even though business has rarely looked better at South Korea’s largest company. Lee is just the latest South Korean corporate boss to run his business from behind bars, communicating decisions through visiting company executives.
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Biden plan would pick winners, losers in move to green jobs
Biden plan would pick winners, losers in move to green jobs
| May 18th | 2021  12:03AM
Biden plan would pick winners, losers in move to green jobs
WASHINGTON (AP) — In Georgia, school bus-maker Blue Bird has visions of going from selling a few hundred electric buses annually to 15,000. In Michigan, Ford plans to produce an all-electric version of its F-150 pickup truck. Both companies are looking to President Joe Biden's $2.3 trillion infrastructure proposal to help transform the automotive sector as electric vehicles shift from a luxury niche to mainstream America.
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Ransomware hits AXA units in Asia, hurts Ireland healthcare
Ransomware hits AXA units in Asia, hurts Ireland healthcare
| May 17th | 2021  11:31PM
Ransomware hits AXA units in Asia, hurts Ireland healthcare
PARIS (AP) — Cybercriminals have hit four Asian subsidiaries of the Paris-based insurance company AXA with a ransomware attack, impacting operations in Thailand, Malaysia, Hong Kong and the Philippines, the insurer said. The criminals claimed to have stolen 3 terabytes of data including medical records and communications with doctors…
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Prison group sues to keep immigrant detention center open
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| May 17th | 2021  11:07PM
Prison group sues to keep immigrant detention center open
SEATTLE (AP) — Private prison corporation GEO Group has sued Washington state, saying a new law mandating the closure of the immigrant detention center it operates in Tacoma would unconstitutionally subvert federal authority. The law enacted by the Legislature in March interferes with a contract signed between GEO and Immigration and Customs Enforcement, according to the company’s complaint filed last month in U.S.
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Asia shares rise despite ongoing pandemic, inflation worries
Asia shares rise despite ongoing pandemic, inflation worries
| May 17th | 2021  10:07PM
Asia shares rise despite ongoing pandemic, inflation worries
TOKYO (AP) — Asian shares rose Tuesday, partly on bargain-hunting from the recent global market falls amid continuing pessimism about the conronavirus pandemic. Japan's benchmark Nikkei 225 surged 2.1% in morning trading to 28,412.06. South Korea's Kospi gained 1.1% to 3,169.67. Australia's S&P/ASX 200 added 0.8% to 7,078.40. Hong…
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Japan's economy shrinks 5.1% as pandemic dries up spending
Japan's economy shrinks 5.1% as pandemic dries up spending
| May 17th | 2021  9:34PM
Japan's economy shrinks 5.1% as pandemic dries up spending
TOKYO (AP) — The Japanese economy contracted at an annual rate of 5.1% in January-March, slammed by a plunge in spending over the coronavirus pandemic, according to government data released Tuesday. The Cabinet Office’s preliminary seasonally adjusted GDP, or gross domestic product, showed household consumption dropped at an annualized rate of 5.6%, while government spending declined 6.9%.
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California places Tesla's 'Full Self-Driving' under review
California places Tesla's 'Full Self-Driving' under review
| May 17th | 2021  8:02PM
California places Tesla's 'Full Self-Driving' under review
LOS ANGELES (AP) — California's Department of Motor Vehicles is reviewing whether Tesla is violating a state regulation by advertising its vehicles as being fully autonomous without meeting the legal definition of self-driving. The department confirmed the review Monday in an email to The Associated Press. State regulation prohibits advertising…
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Buffett's firm sells off financials, halves Chevron stake
Warren Buffett
| May 17th | 2021  7:20PM
Buffett's firm sells off financials, halves Chevron stake
OMAHA, Neb. (AP) — Investor Warren Buffett's company pared back its holdings in financial firms further during the first quarter and also halved its new investment in Chevron. Berkshire Hathaway Inc. provided an update on its U.S. stock holdings in a filing with regulators Monday. Many investors follow Berkshire's holdings closely because…
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EU, US agree to temporarily suspend tariffs in steel dispute
EU, US agree to temporarily suspend tariffs in steel dispute
| May 17th | 2021  6:04PM
EU, US agree to temporarily suspend tariffs in steel dispute
BRUSSELS (AP) — The European Union on Monday decided to temporarily suspend some measures at the heart of a steel tariff dispute with the United States that is seen as one of the major trade issues dividing the two sides. With the decision, “we are walking the talk in our efforts to reboot the trans-Atlantic relationship,” EU trade chief…
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EXPLAINER: How AT&T-Discovery deal affects consumers, rivals
AT&T
| May 17th | 2021  5:37PM
EXPLAINER: How AT&T-Discovery deal affects consumers, rivals
NEW YORK (AP) — AT&T said Monday it will combine its massive WarnerMedia media assets, which includes HBO and CNN, with Discovery Inc. to create a new media heavyweight in a $43 billion deal. The deal, which isn't slated to close until next year, will create new publicly traded company that will enter a streaming arena that has been…
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Detroit tourism seeks rebound after year lost to pandemic
Timothy Tharp
| May 17th | 2021  5:00PM
Detroit tourism seeks rebound after year lost to pandemic
DETROIT (AP) — Timothy Tharp has owned businesses in Detroit long enough to remember when parts of downtown resembled a ghost town. He’s also seen its resurgence with new restaurants, hotels and throngs of people since the city's emergence from bankruptcy. Then came COVID-19 and people stopped coming. Tharp estimates his three restaurants…
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Oprah and CNN: AT&T is merging media business with Discovery
AT&T
| May 17th | 2021  4:49PM
Oprah and CNN: AT&T is merging media business with Discovery
NEW YORK (AP) — The merger of Discovery and AT&T's WarnerMedia operations, marrying the likes of HBO and CNN with HGTV and Oprah Winfrey, is another illustration of the head-spinning speed in which streaming has transformed the media world. The companies are essentially placing a $43 billion bet that they'll still be in the mix when…
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US stocks slip further from records amid inflation fears
US stocks slip further from records amid inflation fears
| May 17th | 2021  4:39PM
US stocks slip further from records amid inflation fears
NEW YORK (AP) — U.S. stocks slipped on Monday, tacking more losses onto last week’s stumble, as worries about inflation continue to dog Wall Street. The S&P 500 dipped 10.56, or 0.3%, to 4,163.29, with tech stocks and other former market darlings once again taking the brunt of the losses. The benchmark index is coming off a 1.4% weekly drop from its record high, which would have been even worse if not for a late rebound.
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How major US stock indexes fared Monday
Stock markets news icon
| May 17th | 2021  4:20PM
How major US stock indexes fared Monday
U.S. stocks closed modestly lower Monday, tacking more losses onto last week’s stumble, as worries about inflation continue to dog Wall Street. The S&P 500 lost 0.3% following its 1.4% drop last week from its record high. Big Tech stocks weighed most heavily on the market. The sector has been responsible for big swings in both directions…
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Streaming landscape shifts with $43B AT&T Discovery deal
AT&T
| May 17th | 2021  3:22PM
Streaming landscape shifts with $43B AT&T Discovery deal
NEW YORK (AP) — AT&T said Monday it will combine its massive WarnerMedia media assets, which includes HBO and CNN, with Discovery Inc. to create a new media heavyweight in a $43 billion deal. The deal, which isn't slated to close until next year, will create new publicly traded company that will enter a streaming arena that has been…
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France holds global talks to offer debt relief for Sudan
France holds global talks to offer debt relief for Sudan
| May 17th | 2021  3:11PM
France holds global talks to offer debt relief for Sudan
PARIS (AP) — French President Emmanuel Macron announced the cancellation of Sudan's $5 billion debt to France in an effort to support the country's transitional leadership and help its crippled economy recovering, at a Paris conference gathering African leaders and international creditors. Macron hosted the event Monday for Gen. Abdel-Fattah Burhan, head of Sudan’s ruling sovereign council, and Prime Minister Abdalla Hamdok.
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Dillard's Surges 22.7% After Spectacular Earnings Report
Dillard
| May 17th | 2021  12:00PM
Dillard's Surges 22.7% After Spectacular Earnings Report
Regional department store chain Dillard's (NYSE:DDS) recently turned in an earnings report that far surpassed expectations on several fronts. Not only did it turn in wins for earnings and revenue, it also shattered Wall Street expectations and drew in trading volume that was nearly three times normal levels. The company turned in gains of 22.7% on…
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Massive Earnings Win Prompts Explosive Gains for DoorDash
Massive Earnings Win Prompts Explosive Gains for DoorDash
| May 17th | 2021  11:00AM
Massive Earnings Win Prompts Explosive Gains for DoorDash
DoorDash (NYSE:DASH), a leading figure in food delivery connecting restaurants and customers, turned in a magnificent earnings report late Thursday that led to 22.1% gains on Friday amid trading volume that was nearly five times normal levels. Some profit-taking appears to have settled in, as the company gave back some of those gains going into trading…
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3 REITs to Buy and Hold for the Long Term
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| May 15th, 5:00 AM
3 REITs to Buy and Hold for the Long Term
Buy and hold investing certainly has its advantages, but you need to make sure you are choosing only the best stocks for your portfolio to ride out any volatility. If you select too many high-risk companies for your portfolio, you might find that it is difficult to sit tight over the years during declines. On the other hand, choosing stable securities…
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MarketBeat: Week in Review 5/10 – 5/14
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| May 15th, 6:00 AM
MarketBeat: Week in Review 5/10 – 5/14
This was a week when inflation was done being subtle. The data doesn’t lie. Inflation is here and the market doesn’t like it. The Dow Jones and S&P 500 Index were each down about 3% and the Nasdaq dropped about 5%. However all of the indexes were coming off record highs and they all remain firmly positive for 2021. Plus, the markets broke a three-day skid as investors went shopping for value over growth.
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Two Niche Plays On EV To Put On Your Watchlist 
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| May 17th, 1:00 AM
Two Niche Plays On EV To Put On Your Watchlist 
Innovation And Results Will Drive These Stocks Higher  It is without a doubt the EV market is a huge growth opportunity. It is also fairly clear the EV investment market got ahead of itself in 2020. Now, with prices for EV stocks trading at multi-month lows, it looks like a good time to start buying them again. With the EV car and truck markets…
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The Latest: Death toll in Israeli strikes in Gaza up to 33
The Latest:  Death toll in Israeli strikes in Gaza up to 33
| May 16th, 8:38 AM
The Latest: Death toll in Israeli strikes in Gaza up to 33
GAZA CITY, Gaza Strip — The Gaza Health Ministry says the death toll from Israeli strikes on a main thoroughfare in Gaza City has climbed to 33, including 12 women and eight children. It was the deadliest single attack since heavy fighting between Israel and Gaza’s Hamas rulers erupted nearly a week ago. The airstrikes hit Wahda Street, a major thoroughfare.
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Taiwan Semiconductor To Invest More In Arizona Chip Factories
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| May 16th, 1:00 AM
Taiwan Semiconductor To Invest More In Arizona Chip Factories
Shares of Taiwan Semiconductor (NYSE: TSM) have been correcting since mid-February and are down 5% since the company reported first-quarter results last month. Last week, news broke that the chipmaker may invest billions into U.S.-based chip factories.  Earlier in May, TSMC said it would build as many as six additional factories in Arizona, in addition to a $12 billion plant previously announced in May of 2020.
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Twitter Stock is a Steal at These Levels
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| May 16th, 1:00 AM
Twitter Stock is a Steal at These Levels
Social media platform Twitter (NYSE: TWTR) stock has been fallen hard along with other social media peers Pinterest (NYSE: PINS) and Snap (NYSE: SNAP) due to slow down concerns stemming from the acceleration of the re-opening trends. This has driven money from growth stocks to value stocks as investors rush to capture what’s left of the return to normal narrative with the spread of COVID vaccinations.
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Dillard's Surges 22.7% After Spectacular Earnings Report
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| May 17th, 12:00 PM
Dillard's Surges 22.7% After Spectacular Earnings Report
Regional department store chain Dillard's (NYSE:DDS) recently turned in an earnings report that far surpassed expectations on several fronts. Not only did it turn in wins for earnings and revenue, it also shattered Wall Street expectations and drew in trading volume that was nearly three times normal levels. The company turned in gains of 22.7% on…
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Freight Car America Gets Derailed
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| May 17th, 1:00 AM
Freight Car America Gets Derailed
It’s Not A Good Time To Buy FreightCar America, Yet  FreightCar America (NASDAQ: RAIL) has been working hard on a transformation that is proving beneficial to the company. The problem is that Q1 results are far below expectations even with the weakly updated guidance and give little reason to own the stock. At least for now. Later, in the second half, after the reopening is fully underway things may be different.
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Pipeline operator says "normal operations" have resumed
Pipeline operator says \"normal operations\" have resumed
| May 15th, 4:35 PM
Pipeline operator says "normal operations" have resumed
ATLANTA (AP) — The operator of the nation's largest gasoline pipeline — hit on May 7th by a ransomware attack — announced Saturday that it has resumed “normal operations," delivering fuel to its markets, including a large swath of the East Coast. Georgia-based Colonial Pipeline had begun the process of restarting the pipeline's operations…
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Next Digital trading halted after Jimmy Lai's assets frozen
Jimmy Lai
| May 17th, 8:36 AM
Next Digital trading halted after Jimmy Lai's assets frozen
HONG KONG (AP) — The Hong Kong stock exchange halted trading of Next Digital shares Monday at the media company's request after authorities froze assets belonging to its founder, Jimmy Lai, who has been a high-profile voice in the the territory's pro-democracy movement. Later in the day, the media tycoon and nine other pro-democracy activists pleaded guilty to taking part in an unlawful assembly in 2019.
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Its Time to Reserve Some Restaurant Brands International Shares
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| May 17th, 1:00 AM
Its Time to Reserve Some Restaurant Brands International Shares
Investors looking for a play on the quick service restaurant (QSR) rebound should look no further than Restaurant Brands International (NYSE:QSR). The company behind the Burger King, Popeye's Louisiana Kitchen, and Tim Horton's restaurant chains is expected to be a major beneficiary of increased customer traffic in the post-pandemic world. With dining…
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AT&T, Discovery join media brands as cord-cutters encroach
AT&T
| May 17th, 11:26 AM
AT&T, Discovery join media brands as cord-cutters encroach
NEW YORK (AP) — AT&T will join its media operations with those owned by Discovery, creating a new company in a $43 billion deal that will oversee CNN, HBO, TNT and TBS along Discovery's Food Network, HGTV and others. With the agreement Monday, AT&T is pulling back from a yearslong campaign to break into the streaming and entertainment…
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Detroit tourism seeks rebound after year lost to pandemic
Timothy Tharp
| May 15th, 11:09 AM
Detroit tourism seeks rebound after year lost to pandemic
DETROIT (AP) — Timothy Tharp has owned businesses in Detroit long enough to remember when parts of downtown resembled a ghost town. He’s also seen its resurgence with new restaurants, hotels and throngs of people since the city's emergence from bankruptcy. Then came COVID-19 and people stopped coming. Tharp estimates his three restaurants…
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AT&T, Discovery join media houses as cord-cutting encroaches
AT&T
| May 17th, 8:08 AM
AT&T, Discovery join media houses as cord-cutting encroaches
NEW YORK (AP) — AT&T will combine its massive media operations that include CNN, HBO, TNT and TBS in a $43 billion deal with Discovery, the owner of lifestyle networks including the Food Network and HGTV. It is a major directional shift for AT&T which squared off with the Justice Department less than three years ago in an antitrust fight when it wanted to acquire Time Warner Inc.
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AT&T, Discovery join media brands as cord-cutting encroaches
AT&T
| May 17th, 9:43 AM
AT&T, Discovery join media brands as cord-cutting encroaches
NEW YORK (AP) — AT&T will join its massive media operations that include CNN, HBO, TNT and TBS in a $43 billion deal with Discovery, the owner of lifestyle networks including the Food Network and HGTV. The new media company enters a streaming arena that has been flooded in the past two years with new players including those owned by AT&T and Discovery which operate HBO Max and Discovery+, respectively.
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Global stocks, US futures mixed as virus cases surge in Asia
Global stocks, US futures mixed as virus cases surge in Asia
| May 17th, 6:17 AM
Global stocks, US futures mixed as virus cases surge in Asia
BEIJING (AP) — Global stock markets were mixed Monday after surging new coronavirus cases in Thailand and Taiwan fueled disease fears and Chinese factory and consumer activity were weaker than expected. London and Frankfurt opened lower. Shanghai and Hong Kong advanced while Tokyo declined. Wall Street futures fell after…
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Massive Earnings Win Prompts Explosive Gains for DoorDash
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| May 17th, 11:00 AM
Massive Earnings Win Prompts Explosive Gains for DoorDash
DoorDash (NYSE:DASH), a leading figure in food delivery connecting restaurants and customers, turned in a magnificent earnings report late Thursday that led to 22.1% gains on Friday amid trading volume that was nearly five times normal levels. Some profit-taking appears to have settled in, as the company gave back some of those gains going into trading…
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Ransomware attack hits 4 Asian countries of AXA subsidiary
Technology news icon
| May 17th, 11:11 AM
Ransomware attack hits 4 Asian countries of AXA subsidiary
PARIS (AP) — A targeted ransomware attack hit four countries among the Asian operations of AXA Partners, the international subsidiary of AXA insurance group, with some data in Thailand accessed, AXA Partners said. The criminals claimed to have stolen 3 terabytes of data, including medical records and communications with doctors and hospitals. The attack and its full impact were being investigated.
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EU, US agree to temporarily suspend tariffs in steel dispute
EU, US agree to temporarily suspend tariffs in steel dispute
| May 17th, 6:04 PM
EU, US agree to temporarily suspend tariffs in steel dispute
BRUSSELS (AP) — The European Union on Monday decided to temporarily suspend some measures at the heart of a steel tariff dispute with the United States that is seen as one of the major trade issues dividing the two sides. With the decision, “we are walking the talk in our efforts to reboot the trans-Atlantic relationship,” EU trade chief…
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Thermo Fisher Scientific Inc. (NYSE:TMO) Receives Average Rating of "Buy" from Brokerages
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| May 18th, 2:24 AM
Thermo Fisher Scientific Inc. (NYSE:TMO) Receives Average Rating of "Buy" from Brokerages
Shares of Thermo Fisher Scientific Inc. (NYSE:TMO) have been given a consensus recommendation of "Buy" by the twenty-two analysts that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and seventeen have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $535.05.
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ICON Public Limited (NASDAQ:ICLR) Given Consensus Rating of "Buy" by Brokerages
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| May 18th, 2:24 AM
ICON Public Limited (NASDAQ:ICLR) Given Consensus Rating of "Buy" by Brokerages
ICON Public Limited (NASDAQ:ICLR) has earned an average recommendation of "Buy" from the eleven analysts that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $236.00.
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V.F. Co. (NYSE:VFC) Receives Average Recommendation of "Buy" from Analysts
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| May 18th, 2:24 AM
V.F. Co. (NYSE:VFC) Receives Average Recommendation of "Buy" from Analysts
Shares of V.F. Co. (NYSE:VFC) have been given an average recommendation of "Buy" by the eighteen research firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and twelve have issued a buy recommendation on the company.
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The Hershey Company (NYSE:HSY) Given Consensus Rating of "Buy" by Brokerages
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| May 18th, 2:24 AM
The Hershey Company (NYSE:HSY) Given Consensus Rating of "Buy" by Brokerages
The Hershey Company (NYSE:HSY) has received an average rating of "Buy" from the seventeen brokerages that are covering the stock, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $164.64.
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Ventas, Inc. (NYSE:VTR) Given Consensus Recommendation of "Hold" by Analysts
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| May 18th, 2:24 AM
Ventas, Inc. (NYSE:VTR) Given Consensus Recommendation of "Hold" by Analysts
Shares of Ventas, Inc. (NYSE:VTR) have been given an average recommendation of "Hold" by the twenty analysts that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and five have assigned a buy recommendation to the company. The…
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McAfee Corp. (NASDAQ:MCFE) Expected to Announce Earnings of $0.28 Per Share
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| May 18th, 2:24 AM
McAfee Corp. (NASDAQ:MCFE) Expected to Announce Earnings of $0.28 Per Share
Brokerages forecast that McAfee Corp. (NASDAQ:MCFE) will report $0.28 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for McAfee's earnings. The lowest EPS estimate is $0.19 and the highest is $0.33. The firm is expected to issue its next quarterly earnings report on Tuesday,…
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PAR Technology Co. (NYSE:PAR) Expected to Post Earnings of -$0.33 Per Share
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| May 18th, 2:23 AM
PAR Technology Co. (NYSE:PAR) Expected to Post Earnings of -$0.33 Per Share
Equities research analysts expect that PAR Technology Co. (NYSE:PAR) will post earnings per share of ($0.33) for the current quarter, Zacks reports. Two analysts have issued estimates for PAR Technology's earnings. PAR Technology posted earnings of ($0.24) per share in the same quarter last year, which suggests a negative year over year growth rate of 37.5%.
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Zacks: Brokerages Expect Keurig Dr Pepper Inc. (NASDAQ:KDP) Will Announce Earnings of $0.37 Per Share
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| May 18th, 2:23 AM
Zacks: Brokerages Expect Keurig Dr Pepper Inc. (NASDAQ:KDP) Will Announce Earnings of $0.37 Per Share
Wall Street analysts predict that Keurig Dr Pepper Inc. (NASDAQ:KDP) will report earnings per share of $0.37 for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Keurig Dr Pepper's earnings, with estimates ranging from $0.35 to $0.37. Keurig Dr Pepper posted earnings per share of $0.33 in the same quarter last year, which indicates a positive year over year growth rate of 12.1%.
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Zacks: Brokerages Expect Arthur J. Gallagher & Co. (NYSE:AJG) to Announce $1.06 Earnings Per Share
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| May 18th, 2:22 AM
Zacks: Brokerages Expect Arthur J. Gallagher & Co. (NYSE:AJG) to Announce $1.06 Earnings Per Share
Equities analysts expect Arthur J. Gallagher & Co. (NYSE:AJG) to report $1.06 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Arthur J. Gallagher & Co.'s earnings, with the lowest EPS estimate coming in at $1.02 and the highest estimate coming in at $1.08. Arthur J. Gallagher & Co.
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-$0.09 EPS Expected for Anaplan, Inc. (NYSE:PLAN) This Quarter
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| May 18th, 2:22 AM
-$0.09 EPS Expected for Anaplan, Inc. (NYSE:PLAN) This Quarter
Equities research analysts predict that Anaplan, Inc. (NYSE:PLAN) will announce ($0.09) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Anaplan's earnings. The lowest EPS estimate is ($0.10) and the highest is ($0.09). Anaplan reported earnings per share of ($0.10)…
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Zacks Investment Research Lowers loanDepot (NYSE:LDI) to Sell
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| May 18th, 2:15 AM
Zacks Investment Research Lowers loanDepot (NYSE:LDI) to Sell
loanDepot (NYSE:LDI) was downgraded by Zacks Investment Research from a "hold" rating to a "sell" rating in a research note issued on Tuesday, Zacks.com reports. According to Zacks, "loanDepot Inc. provides mortgage and non-mortgage loan products. The Company offers consumer credit products to customers, ranging from home loans to unsecured personal loans.
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Zacks Investment Research Downgrades LendingClub (NYSE:LC) to Hold
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| May 18th, 2:15 AM
Zacks Investment Research Downgrades LendingClub (NYSE:LC) to Hold
LendingClub (NYSE:LC) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a report issued on Tuesday, Zacks.com reports. According to Zacks, "LendingClub Corporation provides internet financial services. The Company offers online marketplace for loan approval, pricing, servicing and support operations as well as regulatory and legal framework which connects borrowers and investors.
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Diageo (LON:DGE) Given a GBX 3,800 Price Target by The Goldman Sachs Group Analysts
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| May 18th, 2:09 AM
Diageo (LON:DGE) Given a GBX 3,800 Price Target by The Goldman Sachs Group Analysts
Diageo (LON:DGE) has been assigned a GBX 3,800 ($49.65) target price by equities research analysts at The Goldman Sachs Group in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The firm presently has a "buy" rating on the stock. The Goldman Sachs Group's price objective suggests a potential upside of 13.06% from the company's previous close.A number of other research firms also recently weighed in on DGE.
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Jefferies Financial Group Reiterates $290.00 Price Target for Microsoft (NASDAQ:MSFT)
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| May 18th, 2:09 AM
Jefferies Financial Group Reiterates $290.00 Price Target for Microsoft (NASDAQ:MSFT)
Microsoft (NASDAQ:MSFT) has been given a $290.00 price target by equities researchers at Jefferies Financial Group in a report released on Tuesday, Borsen Zeitung reports. The brokerage presently has a "buy" rating on the software giant's stock. Jefferies Financial Group's target price points to a potential upside of 18.28% from the stock's current…
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Jefferies Financial Group Reiterates "$300.00" Price Target for salesforce.com (NYSE:CRM)
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| May 18th, 2:09 AM
Jefferies Financial Group Reiterates "$300.00" Price Target for salesforce.com (NYSE:CRM)
salesforce.com (NYSE:CRM) received a $300.00 target price from investment analysts at Jefferies Financial Group in a note issued to investors on Tuesday, Borsen Zeitung reports. The firm presently has a "buy" rating on the CRM provider's stock. Jefferies Financial Group's price target would suggest a potential upside of 39.50% from the stock's current…
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Jefferies Financial Group Analysts Give Oracle (NYSE:ORCL) a $75.00 Price Target
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| May 18th, 2:09 AM
Jefferies Financial Group Analysts Give Oracle (NYSE:ORCL) a $75.00 Price Target
Oracle (NYSE:ORCL) received a $75.00 price target from equities research analysts at Jefferies Financial Group in a report released on Tuesday, Borsen Zeitung reports. The brokerage presently has a "neutral" rating on the enterprise software provider's stock. Jefferies Financial Group's target price indicates a potential downside of 5.16% from the…
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$237.25 Million in Sales Expected for Texas Capital Bancshares, Inc. (NASDAQ:TCBI) This Quarter
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| May 18th, 2:07 AM
$237.25 Million in Sales Expected for Texas Capital Bancshares, Inc. (NASDAQ:TCBI) This Quarter
Wall Street analysts forecast that Texas Capital Bancshares, Inc. (NASDAQ:TCBI) will announce sales of $237.25 million for the current quarter, Zacks reports. Seven analysts have provided estimates for Texas Capital Bancshares' earnings. The highest sales estimate is $254.70 million and the lowest is $215.40 million. Texas Capital Bancshares posted…
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Newell Brands Inc. (NASDAQ:NWL) Receives Consensus Rating of "Hold" from Analysts
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| May 18th, 2:07 AM
Newell Brands Inc. (NASDAQ:NWL) Receives Consensus Rating of "Hold" from Analysts
Shares of Newell Brands Inc. (NASDAQ:NWL) have earned an average recommendation of "Hold" from the eleven analysts that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $25.50.
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Sandstorm Gold Ltd. (NYSE:SAND) Receives Consensus Recommendation of "Buy" from Analysts
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| May 18th, 2:07 AM
Sandstorm Gold Ltd. (NYSE:SAND) Receives Consensus Recommendation of "Buy" from Analysts
Shares of Sandstorm Gold Ltd. (NYSE:SAND) have received an average recommendation of "Buy" from the eleven research firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $11.94.
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