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Oil-producing nations seek global deal to stabilize market
Oil-producing nations seek global deal to stabilize market
| April 10th | 2020  12:24AM
Oil-producing nations seek global deal to stabilize market
MOSCOW (AP) — Oil-producing countries including those of the OPEC cartel and Russia are trying to strike a global deal to pump less crude in a bid to limit a crash in prices that, while welcome for consumers, has been straining government budgets and pushed energy companies toward bankruptcy. Late Thursday OPEC and Russia reportedly had reached a tentative deal to cut production by 10 million barrels per day for two months.
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The Latest: South Korea reports 27 new coronavirus cases
The Latest: South Korea reports 27 new coronavirus cases
| April 10th | 2020  12:13AM
The Latest: South Korea reports 27 new coronavirus cases
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR — South Korea reports 27 new cases, 9th straight day below 100. …
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UN urges governments to tackle recession, scrap debt payment
UN urges governments to tackle recession, scrap debt payment
| April 10th | 2020  12:12AM
UN urges governments to tackle recession, scrap debt payment
UNITED NATIONS (AP) — More than 60 U.N. agencies and international organizations urged governments on Thursday to take immediate steps to address the unfolding global recession and financial crisis wrought by the coronavirus pandemic, especially in the world’s poorest countries. The U.N.-led Inter-Agency Task Force on Financing for Development…
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Asian shares steady after Wall St caps best week since 1974
Asian shares steady after Wall St caps best week since 1974
| April 9th | 2020  11:59PM
Asian shares steady after Wall St caps best week since 1974
BANGKOK (AP) — Asian shares are steady in quiet Good Friday trading after Wall Street closed out its best week in 45 years thanks to the Federal Reserve's titanic effort to support the economy through the coronavirus crisis. Many regional markets were closed. Japan's Nikkei 225 index edged 0.1% lower to 19,326.78 and the Shanghai Composite index lost 0.4% to 2,814.52.
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Smithfield temporarily shuts pork plant due to coronavirus
Smithfield temporarily shuts pork plant due to coronavirus
| April 9th | 2020  10:26PM
Smithfield temporarily shuts pork plant due to coronavirus
SIOUX FALLS, S.D. (AP) — A Smithfield Foods pork processing plant in South Dakota will temporarily close for cleaning after more than 80 employees were confirmed to have the coronavirus, the company announced Thursday. Smithfield Foods plans to suspend operations in a large section of the Sioux Falls plant on Saturday, then completely close on Sunday and Monday.
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White House says no 'surprise' bills for COVID-19 patients
White House says no 'surprise' bills for COVID-19 patients
| April 9th | 2020  9:48PM
White House says no 'surprise' bills for COVID-19 patients
WASHINGTON (AP) — Hospitals taking money from the $2 trillion stimulus bill will have to agree not to send “surprise” medical bills to patients treated for COVID-19, the White House said Thursday. Surprise bills typically happen when a patient with health insurance gets treated at an out-of-network emergency room, or when an out-of-network doctor assists with a hospital procedure.
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Toy manufacturers look to reduce carbon footprint
Mega Bloks
| April 9th | 2020  9:36PM
Toy manufacturers look to reduce carbon footprint
NEW YORK (AP) — Taking a toy out of the box can make a mess. Hardly eco-friendly, the process can yield more clutter from plastic and cardboard than the actual toy. But there are moves to change that as some toy manufacturers say they’re going green with a series of environmentally friendly initiatives: Army soldiers and…
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The Latest: China reports 42 new cases of coronavirus
Financial markets news icon
| April 9th | 2020  8:35PM
The Latest: China reports 42 new cases of coronavirus
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR — China reports 42 new cases of coronavirus. — California has…
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The Latest: UK's Boris Johnson out of intensive care
Government regulations news icon
| April 9th | 2020  7:34PM
The Latest: UK's Boris Johnson out of intensive care
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR — UK’s Boris Johnson out of intensive care. — NYC shortens time…
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Euro countries agree half trillion euros in support
Euro countries agree half trillion euros in support
| April 9th | 2020  6:56PM
Euro countries agree half trillion euros in support
FRANKFURT, Germany (AP) — Governments from the 19 countries that use the euro overcame sharp differences to agree Thursday on measures that could provide more than a half-trillion euros ($550 billion) for companies, workers and health systems to cushion the economic impact of the virus outbreak. Mario Centeno, who heads the finance ministers’…
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Unemployment spikes again; last Utah national park closes
Unemployment spikes again; last Utah national park closes
| April 9th | 2020  6:36PM
Unemployment spikes again; last Utah national park closes
SALT LAKE CITY (AP) — More than 33,000 new Utah residents filed for unemployment last week in yet another increase that illustrates the stunning collapse of the global economy as businesses across industries close or suffer while people stay at home to prevent the spread of the coronavirus. The new filings mark a 16% leap from the previous…
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Wall Street caps best week since 1974 on latest Fed stunner
Government business and finance news icon
| April 9th | 2020  5:42PM
Wall Street caps best week since 1974 on latest Fed stunner
NEW YORK (AP) — Wall Street closed out its best week in 45 years on Thursday after the Federal Reserve launched its latest titanic effort to support the economy through the coronavirus outbreak. The central bank announced programs to provide up to $2.3 trillion in loans to households, local governments and businesses as the country tips into what economists say may be the worst recession in decades.
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How major US stock indexes fared Thursday
Financial markets news icon
| April 9th | 2020  4:55PM
How major US stock indexes fared Thursday
Stocks closed broadly higher on Wall Street Thursday, rounding out the best week for the benchmark S&P 500 index since 1974. Investors welcomed a new effort by the Federal Reserve to support the economy through the coronavirus outbreak. The central bank announced programs to provide up to $2.3 trillion in loans to households, local governments and businesses.
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Senators block new virus aid, Pelosi decries 'stunt'
Mitch McConnell
| April 9th | 2020  4:54PM
Senators block new virus aid, Pelosi decries 'stunt'
WASHINGTON (AP) — The Senate twisted itself into knots Thursday over President Donald Trump’s new coronavirus aid request, as Democrats refused to rubber stamp his proposal for $250 billion more to boost small businesses, demanding modifications along with an additional $250 billion for health care providers and states. Republicans wouldn’t go along. …
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US gig workers and self-employed face delays in jobless aid
US gig workers and self-employed face delays in jobless aid
| April 9th | 2020  4:53PM
US gig workers and self-employed face delays in jobless aid
WASHINGTON (AP) — After Rich Cruse saw about $3,000 in income for his photography business quickly disappear to the coronavirus, he tried to apply for unemployment benefits in California. But like many states, his isn't yet accepting claims from the self-employed like him. That's left Cruse, 58, earning just meager pay driving for Uber Eats near San Diego.
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Panic grocery buying slows; iPhone sales plummeted in March
Panic grocery buying slows; iPhone sales plummeted in March
| April 9th | 2020  4:50PM
Panic grocery buying slows; iPhone sales plummeted in March
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the global economy, the work place and the spread of the virus. ___________________ GLOBAL SHOCK: There is no place on earth inhabited by humans that is not being hit by the economic shock of the pandemic.
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Add Levi's To Your Watchlist
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| April 9th | 2020  1:00AM
Add Levi's To Your Watchlist
In the middle of a 50% bounce in their stock price off the lows of last week, Levi Strauss & Co (NYSE: LEVI) released their Q1 earnings after Tuesday’s session. Their EPS and revenue both came in ahead of analyst expectations with the latter showing almost 6% growth year on year. Given the current economic environment, being able to post any…
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Costco’s 9% Comp Is A Strong Buy
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| April 9th | 2020  1:00AM
Costco’s 9% Comp Is A Strong Buy
Stay At Home Trends Will Linger Long Into The Future Retail has been a big spotlight during the pandemic for more reasons than one. The sector is about as diverse as it can be, ranging from staple items folks need every day to discretionary items we just don’t have to have. What is becoming more and more clear is that, while this pandemic continues…
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Where McDonald's (MCD) Stock Goes Next May Depend on Where Wendy's (WEN) Goes
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| April 9th | 2020  1:00AM
Where McDonald's (MCD) Stock Goes Next May Depend on Where Wendy's (WEN) Goes
Of all the things we've lost in the midst of this coronavirus outbreak—the ability to go into a store when we pleased as opposed to some kind of ranked schedule, the ability to sit down and enjoy a meal somewhere other than our homes, and so on—the ability to enjoy a Big Mac would seem to be one of those that would never fade away. However,…
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Analyst Ratings

CompanyBrokerageAction
Yelp Inc logo
YELP
Yelp Inc
SunTrust BanksLower Price Target
$37.00 ➝ $22.00
KLA Corporation logo
KLAC
KLA Corporation
BNP ParibasInitiated Coverage
at $190.00
Canadian Pacific Railway Ltd logo
CP
Canadian Pacific Railway Ltd
JPMorgan Chase & Co.Lower Price Target
$380.00 ➝ $359.00
Algonquin Power & Utilities Corp logo
AQN
Algonquin Power & Utilities Corp
JPMorgan Chase & Co.Boost Price Target
$16.00 ➝ $19.00
ORIX Co. logo
IX
ORIX Co.
Goldman Sachs GroupDowngrade
to Buy
James Hardie Industries plc logo
JHX
James Hardie Industries plc
Credit Suisse GroupDowngrade
to Neutral
Capitol Federal Financial, Inc. logo
CFFN
Capitol Federal Financial, Inc.
SidotiInitiated Coverage
at $15.00
Exponent, Inc. logo
EXPO
Exponent, Inc.
SidotiDowngrade
to Neutral
Ally Financial Inc logo
ALLY
Ally Financial Inc
CfraDowngrade
to Strong Sell
Open Text Corp logo
OTEX
Open Text Corp
National Bank FinancialLower Price Target
$55.00 ➝ $45.00
Maxar Technologies Inc logo
MAXR
Maxar Technologies Inc
Raymond JamesSet Price Target
$20.00
Maxar Technologies Inc logo
MAXR
Maxar Technologies Inc
National Bank FinancialLower Price Target
$20.00 ➝ $13.00
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