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UK-China ties freeze with debate over Huawei, Hong Kong
UK-China ties freeze with debate over Huawei, Hong Kong
| July 13th | 2020  3:08AM
UK-China ties freeze with debate over Huawei, Hong Kong
LONDON (AP) — Only five years ago, then-British Prime Minister David Cameron was celebrating a “golden era” in U.K.-China relations, bonding with President Xi Jinping over a pint of beer at the pub and signing off on trade deals worth billions. Those friendly scenes now seem like a distant memory. Hostile rhetoric has ratcheted up in recent days over Beijing’s new national security law for Hong Kong.
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Asian shares gain on hopes for recovery, despite outbreaks
Asian shares gain on hopes for recovery, despite outbreaks
| July 13th | 2020  3:01AM
Asian shares gain on hopes for recovery, despite outbreaks
TOKYO (AP) — Shares rose in Asia on Monday, cheered by upbeat projections for a global economic rebound that were tempered by worries over expanding coronavirus outbreaks. Investors were looking ahead to the release of China's economic growth data for April-June, a key indicator for trade, manufacturing and investments with implications for the entire region.
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This Week: Bank earns, retail sales, housing starts
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| July 13th | 2020  1:10AM
This Week: Bank earns, retail sales, housing starts
A look at some of the key business events and economic indicators upcoming this week: BANK EARNINGS Several major U.S. banks report quarterly results Tuesday. JPMorgan, Citigroup and Wells Fargo are set to deliver their earnings for the April-June quarter. Investors will be focusing on whether the banks’…
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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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Libyan forces set conditions for lifting oil blockade
Government and politics news icon
| July 13th | 2020  12:30AM
Libyan forces set conditions for lifting oil blockade
CAIRO (AP) — Forces loyal to a Libyan commander said they will only allow the reopening of oil fields and terminals once a mechanism has been set up to fairly distribute revenue across the country, which is split between rival, warring factions. Powerful tribes in eastern Libya loyal to Khalifa Hifter closed export terminals and choked off major pipelines at the start of the year.
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Asian shares gain on hopes for recovery, despite outbreaks,
Stock markets news icon
| July 12th | 2020  11:35PM
Asian shares gain on hopes for recovery, despite outbreaks,
TOKYO (AP) — Shares rose in Asia on Monday, cheered by upbeat projections for a global economic rebound that were tempered by worries over expanding coronavirus outbreaks. Investors were looking ahead to the release of China's economic growth data for April-June, a key indicator for trade, manufacturing and investments with implications for the entire region.
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California CEO resigns over video showing racist outburst
Media news icon
| July 12th | 2020  10:51PM
California CEO resigns over video showing racist outburst
SAN FRANCISCO (AP) — The chief executive of a California technology company resigned after the release of a video showing him using vulgar and racist language toward an Asian family at a restaurant. Solid8 CEO Michael Lofthouse resigned from the San Francisco Bay Area tech startup Saturday, KPIX-TV reports. Lofthouse issued…
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Hyundai exec: Online sales will help with virus resurgence
Hyundai exec: Online sales will help with virus resurgence
| July 12th | 2020  9:01PM
Hyundai exec: Online sales will help with virus resurgence
DETROIT (AP) — The past five years have been rough for Hyundai in the U.S. as it scrambled to catch up with a massive shift in consumer preferences from cars to trucks and SUVs. The South Korean auto company ran through multiple leaders as it added utility vehicles to a car-heavy lineup, but sales fell after peaking in 2016. …
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Chatham announces plan to buy newspaper publisher McClatchy
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| July 12th | 2020  3:25PM
Chatham announces plan to buy newspaper publisher McClatchy
NEW YORK (AP) — Hedge fund Chatham Asset Management plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control. The companies did not put a price on the deal in an announcement Sunday. The agreement still needs the approval of a bankruptcy judge; a hearing is scheduled for July 24. McClatchy is one of the largest newspaper companies in the U.S.
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The Latest: Surgeon general urges face coverings
Economy news icon
| July 12th | 2020  1:44PM
The Latest: Surgeon general urges face coverings
WASHINGTON -- Surgeon General Jerome Adams said Sunday the Trump administration is “trying to correct” its guidance from earlier in the coronavirus epidemic that wearing face coverings was not necessary. With virus cases surging and many states and cities now issuing orders to wear masks in public, Adams said he and other administration officials were wrong back in March.
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The Latest: French fans allowed back into stadium for soccer
The Latest: French fans allowed back into stadium for soccer
| July 12th | 2020  12:59PM
The Latest: French fans allowed back into stadium for soccer
LE HAVRE, France — For the first time since the coronavirus shut down sports and chased away spectators, Neymar and Kylian Mbappe were starring in Sunday's return of fans to elite European soccer. “Now it’s for real ... we’re back,” Mbappe tweeted before the kick-off of Paris Saint-Germain against Le Havre, an exhibition match that was…
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Average US gas price up 2 cents over 2 weeks to $2.24/gallon
Energy industry news icon
| July 12th | 2020  12:58PM
Average US gas price up 2 cents over 2 weeks to $2.24/gallon
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline increased by 2 cents over the past two weeks, to $2.24 per gallon. That’s 59 cents below the average pump price from a year ago. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the increase comes as crude oil prices rise.
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The Latest: DeVos downplays risks of return to schools
Social affairs news icon
| July 12th | 2020  12:39PM
The Latest: DeVos downplays risks of return to schools
WASHINGTON -- Education Secretary Betsy DeVos is downplaying the risk of sending kids back to school despite surging coronavirus cases in many parts of the U.S. Speaking in Sunday TV interviews, DeVos stressed that kids attending school in the fall should be the rule, not the exception. She asserted that “there’s nothing…
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The Latest: Italy sees jump in new coronavirus cases
Legislature news icon
| July 12th | 2020  12:08PM
The Latest: Italy sees jump in new coronavirus cases
ROME — Local outbreaks of COVID-19 among workers at a courier service in northern Italy and among migrants rescued in the Mediterranean Sea have helped swell an increase in the nation’s daily new cases. Calabria, which in recent days had been registering a couple or even no new daily coronavirus infections, had 28 new cases on Sunday,…
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The Latest: Record high level of new infections in Florida
The Latest: Record high level of new infections in Florida
| July 12th | 2020  11:48AM
The Latest: Record high level of new infections in Florida
ST. PETERSBURG, Fla. — Florida on Sunday reported the largest single-day increase in positive coronavirus cases in any one state since the beginning of the pandemic. According to state Department of Health statistics, 15,299 people tested positive, for a total of 269,811 cases. California had the previous record of daily positive cases — 11,694, four days ago.
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The Latest: Party prompts new mask rules at French resort
Social affairs news icon
| July 12th | 2020  11:10AM
The Latest: Party prompts new mask rules at French resort
PARIS — After images of thousands of people dancing provoked renewed debate in France over social distancing, the mayor of the Mediterranean resort of Nice announced Sunday that face masks will be obligatory at all of the city’s events from now on. Video of dense crowds dancing at a DJ’s outdoor set on Saturday night drew hundreds of thousands of views and criticism that many partygoers didn’t wear masks or stay apart.
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3 Smart Buys Ahead of Earnings Season
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| July 11th | 2020  7:30AM
3 Smart Buys Ahead of Earnings Season
As earnings season approaches, investors are on the lookout for companies that offer a good entry point with the potential to head higher on positive results. The truth is that it can be quite difficult to trade earnings since you have to be right on how the market reacts to the release as well as the direction the stock moves. That’s why it’s…
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MarketBeat: Week in Review
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| July 11th | 2020  7:00AM
MarketBeat: Week in Review
It was another volatile week for equity markets. The Dow continued its up-again, down-again pattern, but the Nasdaq surged to a record high. It’s further evidence that timing the market is a fool’s errand. However, when you understand the reasons the market is moving, it can help you position your portfolio for gains. And in advance of…
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Jefferies Financial Group Raises Premier Oil (LON:PMO) Price Target to GBX 68
Morgan Stanley Lowers Melrose Industries (LON:MRO) Price Target to GBX 140
Bank of America Upgrades Legal & General Group (LON:LGEN) to "Buy"
easyJet (LON:EZJ) Given a GBX 760 Price Target at JPMorgan Chase & Co.
Arcturus Therapeutics (NASDAQ:ARCT) Coverage Initiated by Analysts at B. Riley
Vaxart (NASDAQ:VXRT) Earns Buy Rating from Analysts at B. Riley
Agree Realty's (ADC) Buy Rating Reiterated at Stifel Nicolaus
Royal Mail (LON:RMG) Price Target Raised to GBX 115
Jupiter Fund Management's (JUP) "Overweight" Rating Reaffirmed at JPMorgan Chase & Co.
BT Group - CLASS A's (BT.A) "Neutral" Rating Reiterated at Citigroup
Netflix's (NFLX) "Buy" Rating Reiterated at Royal Bank of Canada
Wells Fargo & Co Reiterates Hold Rating for Discover Financial Services (NYSE:DFS)
Chipotle Mexican Grill's (CMG) "Buy" Rating Reaffirmed at Wells Fargo & Co
Odonate Therapeutics (NASDAQ:ODT) Rating Lowered to Hold at BidaskClub
BidaskClub Upgrades NetEase (NASDAQ:NTES) to Strong-Buy
Wells Fargo & Co Reiterates Buy Rating for Public Service Enterprise Group (NYSE:PEG)
B2Gold Corp. (TSE:BTO) Senior Officer Dale Alton Craig Sells 50,000 Shares
Zacks Investment Research Downgrades Wave Life Sciences (NASDAQ:WVE) to Sell
Boingo Wireless (NASDAQ:WIFI) Lifted to Hold at Zacks Investment Research

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