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The Latest: UK to subsidize wages of pandemic-idled workers
The Latest: UK to subsidize wages of pandemic-idled workers
| September 24th | 2020  3:37AM
The Latest: UK to subsidize wages of pandemic-idled workers
LONDON — Britain’s top treasury official is preparing to announce new plans to help workers hurt by the COVID-19 pandemic. Chancellor Rishi Sunak is expected to unveil an income support program Thursday under which the government would subsidize the wages of workers whose hours have been cut due to the pandemic. He is scheduled to announce his plans in a speech to the House of Commons at around 11:45 a.m.
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Asian shares fall as caution sets in after Wall St retreat
Asian shares fall as caution sets in after Wall St retreat
| September 24th | 2020  2:35AM
Asian shares fall as caution sets in after Wall St retreat
Asian shares were mostly lower Thursday as caution set in after a retreat on Wall Street driven by a decline in technology shares. Market players are feeling less optimistic about action from the U.S. Federal Reserve and Congress to help the U.S. economy amid the distractions of the presidential election and the battle over the Supreme Court seat left vacant by the death of Justice Ruth Bader Ginsburg.
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China auto show forging ahead under anti-virus controls
China auto show forging ahead under anti-virus controls
| September 23rd | 2020  10:59PM
China auto show forging ahead under anti-virus controls
BEIJING (AP) — The first event for the CEO of Swedish electric car brand Polestar at this month’s Beijing auto show: A two-week quarantine in a hotel. The auto show, the first major in-person sales event for any industry since the coronavirus pandemic began, opens Saturday in a sign the ruling Communist Party is confident China has contained the disease.
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California is ready to pull the plug on gas vehicles
California is ready to pull the plug on gas vehicles
| September 23rd | 2020  10:02PM
California is ready to pull the plug on gas vehicles
SACRAMENTO, Calif. (AP) — California will ban the sale of new gasoline-powered passenger cars and trucks in 15 years, Gov. Gavin Newsom announced Wednesday, establishing a timeline in the nation's most populous state that could force U.S. automakers to shift their zero-emission efforts into overdrive. The plan won't stop people from owning gas-powered cars or selling them on the used car market.
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US experts vow ‘no cutting corners’ as vaccine tests expand
US experts vow ‘no cutting corners’ as vaccine tests expand
| September 23rd | 2020  7:26PM
US experts vow ‘no cutting corners’ as vaccine tests expand
WASHINGTON (AP) — A huge international study of a COVID-19 vaccine that aims to work with just one dose is getting underway as top U.S. health officials sought Wednesday to assure a skeptical Congress and public that they can trust any shots the government ultimately approves. Hopes are high that answers about at least one of several candidates being tested in the U.S.
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Executive leaves mine project amid recorded comment fallout
Corporate news news icon
| September 23rd | 2020  7:05PM
Executive leaves mine project amid recorded comment fallout
JUNEAU, Alaska (AP) — The man helping lead efforts to develop a copper and gold mine near the headwaters of a major salmon fishery in Alaska has resigned following the release of recorded comments in which he “embellished” relationships with elected and regulatory officials, Northern Dynasty Minerals Ltd. said Wednesday. Tom Collier served…
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New SUV is next step in VW's post-scandal electric offensive
New SUV is next step in VW's post-scandal electric offensive
| September 23rd | 2020  6:22PM
New SUV is next step in VW's post-scandal electric offensive
FRANKFURT, Germany (AP) — Volkswagen is unveiling a battery-powered sport-utility vehicle that is headed for global markets including the United States and China, as the company takes a major step forward in its campaign to make electric cars a mass-market choice. The ID.4 combines the battery drive favored by environmental rules in Europe…
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Judge: Eric Trump must give NY deposition before election
Eric Trump
| September 23rd | 2020  6:13PM
Judge: Eric Trump must give NY deposition before election
NEW YORK (AP) — President Donald Trump’s son Eric has until Oct. 7 to speak to New York investigators probing his family’s business practices, a judge ruled Wednesday, rejecting his lawyers’ contention that his “extreme travel schedule” on the campaign trail warranted a delay until after the November election. State Judge Arthur Engoron…
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Stocks close sharply lower as tech sector takes another hit
Stocks close sharply lower as tech sector takes another hit
| September 23rd | 2020  5:40PM
Stocks close sharply lower as tech sector takes another hit
Wall Street experienced more whiplash Wednesday as stocks closed broadly lower, wiping out the market's gains from the day before. The S&P 500 fell 2.4% after giving up an earlier gain. The selling, which accelerated in the afternoon, was widespread, though technology stocks accounted for the biggest losses. The decline deepens the benchmark index's September slide to 7.5% after a five-month rally.
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DOJ nearing antitrust action on Google; Trump eyes tech curb
Google
| September 23rd | 2020  5:18PM
DOJ nearing antitrust action on Google; Trump eyes tech curb
WASHINGTON (AP) — As the Trump administration moves toward antitrust action against search giant Google, it’s campaigning to enlist support from sympathetic state attorneys general across the country. And President Donald Trump pushed his campaign against Big Tech on Wednesday, touting curbs on legal protections for social media platforms he denounces as biased against conservative views.
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How major US stock indexes fared Wednesday
Financial markets news icon
| September 23rd | 2020  4:50PM
How major US stock indexes fared Wednesday
Technology companies dragged U.S. stocks sharply lower Wednesday as Wall Street's tumultuous month continues to churn. The latest losses erased the S&P 500's gains from a day earlier and deepened the benchmark index’s September slide to 7.5% after a five-month rally. Worries about a potential second wave of COVID-19…
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Wall Street closing sharply lower as tech sector takes hit
Wall Street closing sharply lower as tech sector takes hit
| September 23rd | 2020  4:31PM
Wall Street closing sharply lower as tech sector takes hit
Wall Street racked up more losses Wednesday as stocks closed broadly lower, wiping out the market's gains from the day before. The S&P 500 fell 2.4% after giving up an earlier gain. The selling, which accelerated in the afternoon, was widespread, though technology stocks accounted for the biggest losses. The decline deepens the benchmark index's September slide to 7.5% after a five-month rally.
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Nike, Western Digital rise; Stitch Fix, Steelcase fall
Financial markets news icon
| September 23rd | 2020  4:18PM
Nike, Western Digital rise; Stitch Fix, Steelcase fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday: 3M Co., down $2.83 to $159.51. The maker of adhesives and protective equipment is considering selling its food safety business, according to media reports. Lululemon Athletica Inc., up $3.17 to $316.77. The athletic…
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California moves to end sales of new gas-powered cars
California moves to end sales of new gas-powered cars
| September 23rd | 2020  4:17PM
California moves to end sales of new gas-powered cars
SACRAMENTO, Calif. (AP) — California will outlaw sales of new gasoline-powered passenger cars and trucks by 2035, Gov. Gavin Newsom announced Wednesday, a move he says will cut greenhouse gas emissions by 35% in the nation’s most populous state. His plan would not ban people from owning gas-powered cars or selling them on the used car market.
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Wells Fargo CEO apologizes for comments about diversity
Wells Fargo CEO apologizes for comments about diversity
| September 23rd | 2020  4:04PM
Wells Fargo CEO apologizes for comments about diversity
NEW YORK (AP) — Wells Fargo CEO Charles Scharf apologized Wednesday for comments he made suggesting it is difficult to find qualified Black executives in the financial industry. Scharf said in a memo to employees “there is a very limited pool of Black talent to recruit from” in corporate America. The memo was written in June, but became public only this week.
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Pfizer (NYSE:PFE) Stock: A Strong Option for Dividend Investors
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| September 23rd | 2020  6:05AM
Pfizer (NYSE:PFE) Stock: A Strong Option for Dividend Investors
Finding a great dividend stock to hold in your portfolio over the long-term can be a challenge in today’s market. With many companies cutting their payouts or at risk of doing so shortly, the degree of difficulty for dividend investors has gone up thanks to the pandemic and its impact on corporate earnings. Buying a great dividend-paying stock…
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Analysts Aren't Bullish on Factset Research Systems Stock…Is it a Contrarian Buy?
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| September 23rd | 2020  6:00AM
Analysts Aren't Bullish on Factset Research Systems Stock…Is it a Contrarian Buy?
Factset Research Systems (NYSE:FDS) may be one of the most under-loved U.S. mid-cap stocks—and this could be a good thing. The maker of analytical software for investment professionals has some of the best growth metrics in the information services space, although you wouldn't know it by the Street's opinions of its stock. Covered by 14 analysts, Factset does not presently have a single buy rating.
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Wendy’s (NYSE: WEN) Stock a Pandemic and Recovery Play
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| September 23rd | 2020  5:30AM
Wendy’s (NYSE: WEN) Stock a Pandemic and Recovery Play
Fast food restaurant chain The Wendy’s Company (NYSE: WEN) shares sold off with the S&P 500 index (NYSEARCA: SPY) during the pandemic plunge commencing in late February 2020. Shares were able to recover back to pre-COVID highs but formed a double-top at the $23.98 price level. Shares are currently in a downdraft setting up opportunistic pullback…
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BioXCel Therapeutics (NASDAQ:BTAI) A Hot Buy That Confuses Analysts
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| September 23rd | 2020  5:00AM
BioXCel Therapeutics (NASDAQ:BTAI) A Hot Buy That Confuses Analysts
A lot of people have been following the healthcare market these days, if for no other reason than they now have a deeply personal connection to it thanks to Covid-19. But healthcare is more than one disease, as many hospitals discovered during the early days when few procedures were allowed to take place. One big new area for healthcare is the use…
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Zacks: Brokerages Expect BRP Inc (NASDAQ:DOOO) Will Announce Quarterly Sales of $1.20 Billion
$2.84 Billion in Sales Expected for Corning Incorporated (NYSE:GLW) This Quarter
Ship Finance International Limited (NYSE:SFL) Expected to Post Quarterly Sales of $115.74 Million
$30.52 Million in Sales Expected for Sangamo Therapeutics Inc (NASDAQ:SGMO) This Quarter
$400,000.00 in Sales Expected for Workhorse Group Inc (NASDAQ:WKHS) This Quarter
$6.05 Million in Sales Expected for Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) This Quarter
Brokerages Expect Nevro Corp (NYSE:NVRO) Will Post Quarterly Sales of $103.56 Million
Brokerages Anticipate Plains GP Holdings LP (NYSE:PAGP) Will Announce Quarterly Sales of $6.48 Billion
Sunstone Hotel Investors Inc (NYSE:SHO) Expected to Post Quarterly Sales of $59.67 Million
Zacks: Brokerages Expect Newmont Goldcorp Corp (NYSE:NEM) Will Post Quarterly Sales of $3.17 Billion
Brokerages Anticipate MasTec, Inc. (NYSE:MTZ) Will Post Quarterly Sales of $1.91 Billion
Manitowoc Company Inc (NYSE:MTW) Expected to Post Quarterly Sales of $306.35 Million
Generac Holdings Inc. (NYSE:GNRC) Expected to Announce Quarterly Sales of $653.47 Million
ASGN Inc (NYSE:ASGN) Expected to Announce Quarterly Sales of $931.41 Million
Hancock Whitney Corp (NYSE:HWC) Expected to Post Quarterly Sales of $315.63 Million
$383.52 Million in Sales Expected for Kennametal Inc. (NYSE:KMT) This Quarter
$259.46 Million in Sales Expected for Mueller Water Products, Inc. (NYSE:MWA) This Quarter
$891.87 Million in Sales Expected for Flowserve Corp (NYSE:FLS) This Quarter
Zacks: Brokerages Anticipate BioLife Solutions Inc (NASDAQ:BLFS) Will Announce Quarterly Sales of $10.71 Million

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Analyst Ratings

CompanyBrokerageAction
Cisco Systems, Inc. logo
CSCO
Cisco Systems, Inc.
UBS GroupInitiated Coverage
at $41.00
Tesla Inc logo
TSLA
Tesla Inc
Needham & Company LLCInitiated Coverage
at Sell
MACOM Technology Solutions Holdings Inc logo
MTSI
MACOM Technology Solutions Holdings Inc
Stifel NicolausUpgrade
to Buy
Nikola Corporation logo
NKLA
Nikola Corporation
WedbushDowngrade
to Underperform
Rockwell Automation logo
ROK
Rockwell Automation
Daiwa Capital MarketsUpgrade
to Outperform
Goldman Sachs Group Inc logo
GS
Goldman Sachs Group Inc
UBS GroupUpgrade
to Buy
BP plc logo
BP
BP plc
ScotiabankInitiated Coverage
at Sector Perform
Werner Enterprises, Inc. logo
WERN
Werner Enterprises, Inc.
Wells Fargo & CompanyInitiated Coverage
at Equal Weight
Schneider National Inc logo
SNDR
Schneider National Inc
Wells Fargo & CompanyInitiated Coverage
at Equal Weight
Saia Inc logo
SAIA
Saia Inc
Wells Fargo & CompanyInitiated Coverage
at Equal Weight
Old Dominion Freight Line logo
ODFL
Old Dominion Freight Line
Wells Fargo & CompanyInitiated Coverage
at Equal Weight
Total SA logo
TOT
Total SA
ScotiabankInitiated Coverage
at Sector Perform
See All Analyst Ratings

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