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Televisa, Univision to jointly produce Spanish TV content
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| April 13th | 2021  11:46PM
Televisa, Univision to jointly produce Spanish TV content
MEXICO CITY (AP) — Grupo Televisa, Mexico’s largest television network, announced Tuesday it is joining with U.S. Spanish-language broadcaster Univision to form a third company that will produce content for both that will be the “definitive global leader in Spanish-language media.” The new company will be known as TelevisaUnivision.…
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Asian stock markets advance after new Wall St high
Asian stock markets advance after new Wall St high
| April 13th | 2021  11:37PM
Asian stock markets advance after new Wall St high
BEIJING (AP) — Asian stock markets rose Wednesday after Wall Street hit a high following an uptick in U.S. inflation and an order by regulators to suspend use of Johnson & Johnson's coronavirus vaccine. Shanghai, Hong Kong, Seoul and Sydney rose, while Tokyo was off less than 0.5%. On Wall Street, the benchmark S&P 500 index closed 0.3% higher in choppy trading.
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New Zealand bans live cow exports due to welfare concerns
New Zealand bans live cow exports due to welfare concerns
| April 13th | 2021  11:30PM
New Zealand bans live cow exports due to welfare concerns
WELLINGTON, New Zealand (AP) — New Zealand announced Wednesday it is banning the export of live cows and other farm animals by sea due to welfare concerns. Agriculture Minister Damien O’Connor said the ban would take up to two years to be fully enforced to give those who had invested in the business a chance to transition out. …
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Japan's Toshiba president steps down amid acquisition talks
Nobuaki Kurumatani
| April 13th | 2021  11:21PM
Japan's Toshiba president steps down amid acquisition talks
TOKYO (AP) — The president of Toshiba Corp. stepped down Wednesday, a week after the the Japanese technology and manufacturing conglomerate said it was studying an acquisition proposal from a global fund where he previously worked. Nobuaki Kurumatani tendered his resignation at a board meeting, and the board accepted, effective Wednesday, Tokyo-based Toshiba said in a statement.
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Toshiba board meets amid reports of president's resignation
Toshiba board meets amid reports of president's resignation
| April 13th | 2021  9:04PM
Toshiba board meets amid reports of president's resignation
TOKYO (AP) — The board of Toshiba Corp. is meeting Wednesday, amid Japanese media reports that the president is stepping down as the technology conglomerate studies an acquisition proposal from a global fund where he previously worked. Toshiba said decisions on directors will be discussed at the board meeting, and an announcement will be made, but declined to comment on the resignation.
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Televisa, Univision merge to form Spanish language TV giant
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| April 13th | 2021  8:41PM
Televisa, Univision merge to form Spanish language TV giant
MEXICO CITY (AP) — Grupo Televisa, Mexico’s largest television network, announced Tuesday it is merging with U.S. Spanish-language broadcaster Univision to form what they called the “definitive global leader in Spanish-language media.” The new company will be known as TelevisaUnivision. Both firms have been struggling to capture a share…
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Fed leaders agree: Economics has a racial-disparity problem
Eric Rosengren, Jerome Powell
| April 13th | 2021  6:28PM
Fed leaders agree: Economics has a racial-disparity problem
WASHINGTON (AP) — Top Federal Reserve policymakers on Tuesday underscored their concern that Black and Hispanic people are sharply underrepresented in the economics field, which lessens the perspectives that economists can bring to key policy issues. “If we don’t have a diverse group of people in the field, we won’t have the right topics to focus on,” said Eric Rosengren, president of the Federal Reserve Bank of Boston.
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The Latest: Jailed restauranteur seeks refund of $15K fines
The Latest: Jailed restauranteur seeks refund of $15K fines
| April 13th | 2021  5:15PM
The Latest: Jailed restauranteur seeks refund of $15K fines
HOLLAND, Mich. — A western Michigan restaurant owner who spent four nights in jail for violating coronavirus-related orders is firing back weeks later with a demand that $15,000 in fines be refunded and contempt findings dropped. An attorney for Marlena Pavlos-Hackney said her rights were violated during a contentious court hearing on March 19.
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Stocks close mixed as regulators seek pause in J&J vaccine
Stocks close mixed as regulators seek pause in J&J vaccine
| April 13th | 2021  5:07PM
Stocks close mixed as regulators seek pause in J&J vaccine
A choppy day of trading on Wall Street ended with indexes mixed Tuesday as a drop in bond yields hurt bank stocks but helped big technology companies. The S&P 500 rose 0.3% after briefly slipping into the red in the early going. The modest gain nudged the benchmark index to an all-time high. Technology stocks and companies that rely on consumer spending helped lift the broad market index.
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Danaher, Novocure rise; Amarin, American Airlines fall
Financial markets news icon
| April 13th | 2021  4:28PM
Danaher, Novocure rise; Amarin, American Airlines fall
Stocks that traded heavily or had substantial price changes Tuesday: TransDigm Group Inc., down $5.31 to $618.33. The aircraft parts maker is selling its Technical Airborne Components business to Searchlight Capital Partners. Fastenal Co., down 73 cents to $49.98. The distributor of nuts,…
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How major US stock indexes fared Tuesday
Stock markets news icon
| April 13th | 2021  4:21PM
How major US stock indexes fared Tuesday
Stocks closed mixed on Wall Street Tuesday as gains from a handful of Big Tech companies were tempered by weakness elsewhere in the market. Treasury yields fell, which hurt banks but helped tech companies. The S&P 500 rose 0.3%, notching another record high. The Dow Jones Industrial Average slipped 0.2% and the tech-heavy Nasdaq rose 1.1%.
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NJ offshore wind to connect at 2 former power plants onshore
Corporate news news icon
| April 13th | 2021  3:38PM
NJ offshore wind to connect at 2 former power plants onshore
ATLANTIC CITY. N.J. (AP) — A large offshore wind energy project planned off the coast of New Jersey will connect onshore to two former power plants, and cables will run under two of the state's most popular beaches, officials said Tuesday. At a virtual public hearing on the Ocean Wind project planned by Orsted, the Danish wind energy…
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Buy the Dip on Bally's as Huge New Moves are Planned
Buy the Dip on Bally
| April 13th | 2021  2:00PM
Buy the Dip on Bally's as Huge New Moves are Planned
Bally's (NYSE:BALY) has been hit hard by the coronavirus and the various government restrictions placed on casino gaming and racetrack operations therein. Recently, however, the company sent news our way about moves it was making to help bring the company back to prominence. Though the company was down nearly 5% in premarket trading, what the company…
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3 Digital Marketplace Stocks Forming New Bases After 2020 Rallies
3 Digital Marketplace Stocks Forming New Bases After 2020 Rallies
| April 13th | 2021  6:34AM
3 Digital Marketplace Stocks Forming New Bases After 2020 Rallies
By now, we’re all familiar with the theme of pandemic lockdowns boosting business among digital sales platforms, such as Shopify (NYSE: SHOP), Etsy (NASDAQ: ETSY) and Fiverr (NYSE: FVRR).  Not only were people shopping more from home, as retailers closed down or limited their capacity, especially early in the pandemic, but brick-and-mortar…
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eBay Stock is Post-Pandemic Stimulus Play
eBay Stock is Post-Pandemic Stimulus Play
| April 13th | 2021  6:30AM
eBay Stock is Post-Pandemic Stimulus Play
E-commerce and auction platform eBay (NASDAQ: EBAY) shares are forming a perfect storm breakout powered by the acceleration of the collectibles market arguably fueled in part by stimulus checks and economic recovery. E-commerce companies were clear pandemic  benefactors as stay-at-home mandates confined consumers to digital transactions and entertainment.
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3 Reasons to Hitch a Ride with Uber Stock
3 Reasons to Hitch a Ride with Uber Stock
| April 13th | 2021  6:15AM
3 Reasons to Hitch a Ride with Uber Stock
Sometimes, you have a company like Uber (NYSE:UBER) that comes along and creates an innovative product or service which makes it difficult to imagine what life was like before it. If you aren’t familiar with this company, Uber provides a ridesharing application that offers a quick and convenient way to help people get from point A to point B and has essentially deemed taxis obsolete.
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U.S. Concrete Stock is a Top U.S. Infrastructure Play
U.S. Concrete Stock is a Top U.S. Infrastructure Play
| April 13th | 2021  6:00AM
U.S. Concrete Stock is a Top U.S. Infrastructure Play
Concrete and aggregate products maker U.S. Concrete (NASDAQ: USCR) stock has been on a tear thanks to the housing boom and tailwinds created by the Biden infrastructure bill. The stock has benefited as both a pandemic benefactor from housing and re-opening play with infrastructure spending. Construction and raw materials prices including lumber, steel and concrete have surged double-to-triple digits in the last year.
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The Q1 Earnings Outlook: Why You Should Be Ready For A Correction
The Q1 Earnings Outlook: Why You Should Be Ready For A Correction
| April 13th | 2021  5:45AM
The Q1 Earnings Outlook: Why You Should Be Ready For A Correction
What To Expect From The S&P 500 Q1 Earnings Season  One of our favorite data points to track is the weekly earnings consensus estimates from Factset. As good as the weekly predictions and outlook are, it is the trend of predictions and the outlook for future growth we're most concerned about. With the Q1 reporting season already underway…
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3 Bullish Chart Patterns with Good Fundamentals
3 Bullish Chart Patterns with Good Fundamentals
| April 13th | 2021  5:30AM
3 Bullish Chart Patterns with Good Fundamentals
In technical analysis, classic chart patterns have varying degrees of success in predicting where a stock is headed. Several studies have shown that certain patterns have historically been right 80% of the time or more. This may sound fairly foolproof, but the glass half empty investor would point out the 20% chance of being dreadfully wrong. Because…
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Sleeping Giant Cisco Stock is Reawakening For a Huge Breakout
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| April 12th, 1:00 AM
Sleeping Giant Cisco Stock is Reawakening For a Huge Breakout
Network communications giant Cisco Systems (NASDAQ: CSCO) stock is reawakening for a long-awaited breakout after a decade-long consolidation. The former high flyer from the early days of the internet mania has gone into hibernation written off as a legacy player despite being a critical component of enabling the world wide web infrastructure to function properly.
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3 Digital Media Stocks Setting Up For Further Gains
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| April 12th, 1:00 AM
3 Digital Media Stocks Setting Up For Further Gains
Digital media companies Pinterest (NYSE: PINS), Snapchat (NYSE: SNAP) and Sea Limited (NYSE: SE) are all forming corrections after strong run-ups in 2020.  Much has been written lately about pullbacks in techs, Internet companies, and growth stocks in general, following big gains in 2020. Rather than taking a position of “nothing lasts…
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3 Digital Marketplace Stocks Forming New Bases After 2020 Rallies
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| April 13th, 6:34 AM
3 Digital Marketplace Stocks Forming New Bases After 2020 Rallies
By now, we’re all familiar with the theme of pandemic lockdowns boosting business among digital sales platforms, such as Shopify (NYSE: SHOP), Etsy (NASDAQ: ETSY) and Fiverr (NYSE: FVRR).  Not only were people shopping more from home, as retailers closed down or limited their capacity, especially early in the pandemic, but brick-and-mortar…
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2 South Korea firms reach US electric vehicle battery deal
2 South Korea firms reach US electric vehicle battery deal
| April 11th, 10:30 AM
2 South Korea firms reach US electric vehicle battery deal
WASHINGTON (AP) — Two big South Korean electric vehicle battery makers said Sunday they have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries in Georgia. President Joe Biden called it “a win for American workers and the American auto industry.” The agreement between LG…
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China's EV Market Ready To Charge Higher
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| April 12th, 1:00 AM
China's EV Market Ready To Charge Higher
EV's Take Market Share In China  The latest data out of China shows that not only is China's auto market back to pre-pandemic levels but the EV market continues to take share. Data from China's Passenger Car Association show sales of passenger vehicles in the nation grew 70% in the first quarter and totaled 5.09 million. This is shy of the Q1 high set back in 2018 but well within striking distance.
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Biden sees `win' for US in electric vehicle battery deal
Biden sees `win' for US in electric vehicle battery deal
| April 11th, 1:58 PM
Biden sees `win' for US in electric vehicle battery deal
WASHINGTON (AP) — Two big South Korean electric vehicle battery makers said Sunday they have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries in Georgia. President Joe Biden called it “a win for American workers and the American auto industry.” The agreement between LG…
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Here’s Why Carnival Stock Is Still A Buy
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| April 12th, 1:00 AM
Here’s Why Carnival Stock Is Still A Buy
Shares of cruise ship major Carnival (NYSE: CCL) hit their highest post-pandemic price last week in a sign that now’s as good a time as ever to get involved. In what will surely become one of the greatest recovery stories of all time, shares have now run up close to 300% in the past twelve months. It hasn’t been all plain sailing, however,…
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Buy the Dip Before Delta Airlines Stock Soars Higher
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| April 13th, 1:00 AM
Buy the Dip Before Delta Airlines Stock Soars Higher
Delta Air Lines (NYSE:DAL) will kick-off the much-anticipated earnings season for airlines on April 15. But DAL stock is experiencing some turbulence as it prepares to report earnings. However, in fairness, the stock has been having an uneven recovery. If you had bought DAL stock at the beginning of the year, you’re up 22%. But in the last month,…
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3 Bullish Chart Patterns with Good Fundamentals
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| April 13th, 5:30 AM
3 Bullish Chart Patterns with Good Fundamentals
In technical analysis, classic chart patterns have varying degrees of success in predicting where a stock is headed. Several studies have shown that certain patterns have historically been right 80% of the time or more. This may sound fairly foolproof, but the glass half empty investor would point out the 20% chance of being dreadfully wrong. Because…
Read Article
Fastenal Is Why You Should Be Worried About The Broad Market
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| April 13th, 1:00 AM
Fastenal Is Why You Should Be Worried About The Broad Market
Good News Not Good Enough For Fastenal Fastenal (NASDAQ: FAST) reported a decent FQ1 but the report is a great example of what we have begun to fear in the market. The results were completely as expected,  margins are under pressure, and costs are rising throughout the supply chain. Granted, this is all the result of a rapidly reopening economy…
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Tesla Stock Steadies For A Fresh Rally
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| April 13th, 1:00 AM
Tesla Stock Steadies For A Fresh Rally
A 3.5% pop on Monday had shares of Tesla (NASDAQ: TSLA) right around their short-term resistance level of $710. They’ve been consolidating below there for the past month after selling off sharply in February and look ripe for a breakthrough. The catalyst for the 40% drop was the sudden uptick in interest rates, a macro factor that’s considered to be bearish for high growth and tech names like Tesla.
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How Badly Undervalued is Overstock Right Now?
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| April 12th, 1:30 PM
How Badly Undervalued is Overstock Right Now?
Overstock (NASDAQ:OSTK) made plenty of headway in 2020 thanks to its focus on home furniture and its completely online operation that made it both remarkably resistant to an increasingly attractive during the pandemic. While it's done very well for itself lately, that hasn't been as reflected in the current share price as some had hoped. The stock…
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Aphria Catches COVID-19, Revenue Down On Lockdowns
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| April 12th, 1:00 AM
Aphria Catches COVID-19, Revenue Down On Lockdowns
Another Shock For Aphria Investors  Aphria (NASDAQ: APHA) reported its FQ3 results and revealed an issue that will likely plague the entire Canadian cannabis industry this earnings cycle. Lockdowns in key markets across the country and globally took a big bite out of revenue. The news has the market down about 10% in early trading because Aphria investors were expecting so much more.
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3 Top Stock Upgrades Moving The Tech Market
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| April 12th, 1:00 AM
3 Top Stock Upgrades Moving The Tech Market
Upgrades Are Moving The Market, But Beware The High Hurdles  Among the biggest risks to the market, today are the number of upgrades we're seeing. The consensus estimate for S&P 500 (NYSEARCA: SPY) Q1 earnings has nearly doubled in the last six months and is likely to keep rising into the end of the reporting season. What this means for near-term market movement is upward price pressure.
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U.S. Concrete Stock is a Top U.S. Infrastructure Play
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| April 13th, 6:00 AM
U.S. Concrete Stock is a Top U.S. Infrastructure Play
Concrete and aggregate products maker U.S. Concrete (NASDAQ: USCR) stock has been on a tear thanks to the housing boom and tailwinds created by the Biden infrastructure bill. The stock has benefited as both a pandemic benefactor from housing and re-opening play with infrastructure spending. Construction and raw materials prices including lumber, steel and concrete have surged double-to-triple digits in the last year.
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McDonald’s Doubles Down on Digital, Delivery, and Drive-Thru
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| April 12th, 1:00 AM
McDonald’s Doubles Down on Digital, Delivery, and Drive-Thru
On McDonald’s (NYSE: MCD) fourth-quarter earnings call, CEO Chris Kempczinski talked about the company’s growth pillars, using a “MCDs” acronym. The “M” stands for maximizing marketing, the “C” stands for a commitment to the core menu, and the “D” stands for “doubling down on digital,…
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3 Reasons to Hitch a Ride with Uber Stock
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| April 13th, 6:15 AM
3 Reasons to Hitch a Ride with Uber Stock
Sometimes, you have a company like Uber (NYSE:UBER) that comes along and creates an innovative product or service which makes it difficult to imagine what life was like before it. If you aren’t familiar with this company, Uber provides a ridesharing application that offers a quick and convenient way to help people get from point A to point B and has essentially deemed taxis obsolete.
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Organigram Down On COVID-19 Impact, Buying Opportunity In Sight
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| April 13th, 1:00 AM
Organigram Down On COVID-19 Impact, Buying Opportunity In Sight
Lockdowns Cut Into Organigram Revenue  Cannabis investors that didn't get the message when Aphria (NASDAQ: APHA) reported should pay attention to Organigram (NASDAQ: OGI). The company just reported its worst results since the 2018 cannabis market implosion and has shares down by 10%. The reason is not because of any underlying weakness in the cannabis market, far from it, the reason is because of COVID-19.
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The Q1 Earnings Outlook: Why You Should Be Ready For A Correction
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| April 13th, 5:45 AM
The Q1 Earnings Outlook: Why You Should Be Ready For A Correction
What To Expect From The S&P 500 Q1 Earnings Season  One of our favorite data points to track is the weekly earnings consensus estimates from Factset. As good as the weekly predictions and outlook are, it is the trend of predictions and the outlook for future growth we're most concerned about. With the Q1 reporting season already underway…
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Gates Industrial (NYSE:GTES) Lowered to Hold at Zacks Investment Research
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| April 13th, 11:06 PM
Gates Industrial (NYSE:GTES) Lowered to Hold at Zacks Investment Research
Gates Industrial (NYSE:GTES) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a report released on Tuesday, Zacks.com reports. According to Zacks, "Gates Industrial Corporation PLC is a manufacturer of engineered power transmission and fluid power solutions. The company offers portfolio of products to diverse replacement channel customers and to original equipment manufacturers as specified components.
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Cameco (NYSE:CCJ) Stock Rating Lowered by Zacks Investment Research
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| April 13th, 7:04 PM
Cameco (NYSE:CCJ) Stock Rating Lowered by Zacks Investment Research
Cameco (NYSE:CCJ) (TSE:CCO) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a research note issued to investors on Tuesday, Zacks.com reports. Cameco Stock is the Real Deal Uranium Play According to Zacks, "Cameco Corporation is one of the world's largest uranium producers, a significant supplier of conversion services and one of two CANDU fuel manufacturers in Canada.
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Blackstone Mortgage Trust (NYSE:BXMT) Rating Increased to Hold at Zacks Investment Research
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| April 13th, 7:04 PM
Blackstone Mortgage Trust (NYSE:BXMT) Rating Increased to Hold at Zacks Investment Research
Blackstone Mortgage Trust (NYSE:BXMT) was upgraded by Zacks Investment Research from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Tuesday, Zacks.com reports. According to Zacks, "Blackstone Mortgage Trust, Inc. is a real estate investment trust. It operates as a real estate finance and investment management company.
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-$0.31 EPS Expected for Virgin Galactic Holdings, Inc. (NYSE:SPCE) This Quarter
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| April 13th, 6:31 PM
-$0.31 EPS Expected for Virgin Galactic Holdings, Inc. (NYSE:SPCE) This Quarter
Equities research analysts expect Virgin Galactic Holdings, Inc. (NYSE:SPCE) to post earnings of ($0.31) per share for the current quarter, according to Zacks. Zero analysts have made estimates for Virgin Galactic's earnings, with estimates ranging from ($0.31) to ($0.30). Virgin Galactic posted earnings of ($0.30) per share in the same quarter last year, which would indicate a negative year over year growth rate of 3.3%.
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ENI (NYSE:E) Rating Increased to Neutral at BNP Paribas
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| April 13th, 6:30 PM
ENI (NYSE:E) Rating Increased to Neutral at BNP Paribas
ENI (NYSE:E) was upgraded by analysts at BNP Paribas from an "underperform" rating to a "neutral" rating in a note issued to investors on Tuesday, Stock Target Advisor reports.3 Oil & Gas Stocks Worth Watching in 2021A number of other analysts also recently weighed in on E. Morgan Stanley raised shares of ENI from an "underweight" rating to an "overweight" rating in a research report on Tuesday, March 30th.
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Zacks Investment Research Lowers Credicorp (NYSE:BAP) to Sell
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| April 13th, 5:46 PM
Zacks Investment Research Lowers Credicorp (NYSE:BAP) to Sell
Credicorp (NYSE:BAP) was downgraded by Zacks Investment Research from a "hold" rating to a "sell" rating in a research report issued on Tuesday, Zacks.com reports. According to Zacks, "CreditCorp LTD is a limited liability company to act as a holding company, to coordinate the policy and administration of its subsidiaries and engage in investing activities.
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Apollo Global Management (NYSE:APO) Downgraded by Zacks Investment Research
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| April 13th, 4:33 PM
Apollo Global Management (NYSE:APO) Downgraded by Zacks Investment Research
Apollo Global Management (NYSE:APO) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a research note issued on Tuesday, Zacks.com reports. Hospital Stocks - Best Hospital Stocks to BuyAccording to Zacks, "Apollo Global Management LLC provides alternative asset manager services. It operates primarily in New York,…
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Ares Management (NYSE:ARES) Upgraded to "Buy" by Zacks Investment Research
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| April 13th, 4:33 PM
Ares Management (NYSE:ARES) Upgraded to "Buy" by Zacks Investment Research
Ares Management (NYSE:ARES) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a research note issued to investors on Tuesday, Zacks.com reports. The firm currently has a $62.00 price objective on the asset manager's stock. Zacks Investment Research's price target would indicate a potential upside of 10.91% from the stock's previous close.
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Tudor Pickering Raises Canadian Natural Resources (TSE:CNQ) Price Target to C$45.00
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| April 13th, 4:25 PM
Tudor Pickering Raises Canadian Natural Resources (TSE:CNQ) Price Target to C$45.00
Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) had its target price hoisted by Tudor Pickering to C$45.00 in a research note issued on Tuesday, Stock Target Advisor reports. The firm currently has a "buy" rating on the stock. Tudor Pickering's price target points to a potential upside of 18.11% from the company's previous close.Other analysts have also recently issued research reports about the company.
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Ryanair's (RYAAY) "Buy" Rating Reaffirmed at Deutsche Bank Aktiengesellschaft
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| April 13th, 4:14 PM
Ryanair's (RYAAY) "Buy" Rating Reaffirmed at Deutsche Bank Aktiengesellschaft
Ryanair (NASDAQ:RYAAY)'s stock had its "buy" rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Tuesday, The Fly reports.Airline Stocks - Top Airline Stocks to Buy NowSeveral other research analysts have also recently issued reports on the company. HSBC cut Ryanair from a "buy" rating to a "hold" rating in a report on Monday.
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The Goldman Sachs Group Boosts Zai Lab (NASDAQ:ZLAB) Price Target to $211.23
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| April 13th, 4:14 PM
The Goldman Sachs Group Boosts Zai Lab (NASDAQ:ZLAB) Price Target to $211.23
Zai Lab (NASDAQ:ZLAB) had its price target hoisted by equities research analysts at The Goldman Sachs Group from $205.73 to $211.23 in a research report issued to clients and investors on Tuesday, The Fly reports. The brokerage currently has a "buy" rating on the stock. The Goldman Sachs Group's price target would suggest a potential upside of 30.95%…
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Illinois Tool Works (NYSE:ITW) PT Raised to $220.00 at Barclays
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| April 13th, 3:57 PM
Illinois Tool Works (NYSE:ITW) PT Raised to $220.00 at Barclays
Illinois Tool Works (NYSE:ITW) had its price target increased by equities research analysts at Barclays from $207.00 to $220.00 in a report issued on Tuesday, Benzinga reports. The brokerage presently has an "equal weight" rating on the industrial products company's stock. Barclays's price objective points to a potential downside of 0.67% from the company's previous close.Other analysts have also issued research reports about the stock.
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Lennox International (NYSE:LII) PT Raised to $315.00
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| April 13th, 3:57 PM
Lennox International (NYSE:LII) PT Raised to $315.00
Lennox International (NYSE:LII) had its target price boosted by Barclays from $300.00 to $315.00 in a research report issued on Tuesday, Benzinga reports. The brokerage presently has an "equal weight" rating on the construction company's stock. Barclays's price objective suggests a potential downside of 4.99% from the company's current price.Lennox…
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Barclays Boosts Parker-Hannifin (NYSE:PH) Price Target to $330.00
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| April 13th, 3:57 PM
Barclays Boosts Parker-Hannifin (NYSE:PH) Price Target to $330.00
Parker-Hannifin (NYSE:PH) had its price target increased by investment analysts at Barclays from $310.00 to $330.00 in a report issued on Tuesday, Benzinga reports. The firm currently has an "overweight" rating on the industrial products company's stock. Barclays's target price suggests a potential upside of 4.21% from the stock's previous close.A number of other equities research analysts have also issued reports on PH.
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Rockwell Automation (NYSE:ROK) Price Target Raised to $269.00
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| April 13th, 3:57 PM
Rockwell Automation (NYSE:ROK) Price Target Raised to $269.00
Rockwell Automation (NYSE:ROK) had its target price upped by equities research analysts at Barclays from $265.00 to $269.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage presently has an "equal weight" rating on the industrial products company's stock. Barclays's target price suggests a potential upside of 2.78%…
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Barclays Raises Stanley Black & Decker (NYSE:SWK) Price Target to $219.00
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| April 13th, 3:57 PM
Barclays Raises Stanley Black & Decker (NYSE:SWK) Price Target to $219.00
Stanley Black & Decker (NYSE:SWK) had its price target hoisted by Barclays from $214.00 to $219.00 in a report released on Tuesday, Benzinga reports. The brokerage presently has an "overweight" rating on the industrial products company's stock. Barclays's target price would indicate a potential upside of 8.30% from the company's previous close.A number of other equities analysts have also recently issued reports on the company.
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Trane Technologies (NYSE:TT) Given New $180.00 Price Target at Barclays
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| April 13th, 3:57 PM
Trane Technologies (NYSE:TT) Given New $180.00 Price Target at Barclays
Trane Technologies (NYSE:TT) had its price objective upped by Barclays from $173.00 to $180.00 in a report released on Tuesday, Benzinga reports. The brokerage currently has an "overweight" rating on the stock. Barclays's price objective suggests a potential upside of 5.57% from the company's previous close.Other equities research analysts have also issued reports about the stock.
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Morgan Stanley Raises Southwest Airlines (NYSE:LUV) Price Target to $80.00
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| April 13th, 3:57 PM
Morgan Stanley Raises Southwest Airlines (NYSE:LUV) Price Target to $80.00
Southwest Airlines (NYSE:LUV) had its target price boosted by equities researchers at Morgan Stanley from $59.00 to $80.00 in a report issued on Tuesday, Benzinga reports. The brokerage presently has an "overweight" rating on the airline's stock. Morgan Stanley's price objective would suggest a potential upside of 26.64% from the stock's current price.Weighing…
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Kontoor Brands (NYSE:KTB) Upgraded at UBS Group
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| April 13th, 3:57 PM
Kontoor Brands (NYSE:KTB) Upgraded at UBS Group
Kontoor Brands (NYSE:KTB) was upgraded by equities research analysts at UBS Group from a "neutral" rating to a "buy" rating in a research note issued on Tuesday, Benzinga reports.Kontoor Brands Defies The OddsA number of other research firms have also issued reports on KTB. Piper Sandler raised their price target on shares of Kontoor Brands from $59.00 to $70.00 and gave the stock an "overweight" rating in a research report on Monday.
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