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US stocks fall further from records amid inflation fears
US stocks fall further from records amid inflation fears
| May 17th | 2021  2:41PM
US stocks fall further from records amid inflation fears
U.S. stocks are slipping in Monday afternoon trading to tack more losses onto last week’s stumble, as worries about inflation continue to dog Wall Street. Tech stocks once again were taking the brunt of the losses, and they helped pull the S&P 500 down by 0.5%, as of 2:20 p.m. Eastern time. The benchmark index is coming off a 1.4%…
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Cyprus president unveils 'ambitious' economic stimulus plan
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| May 17th | 2021  2:12PM
Cyprus president unveils 'ambitious' economic stimulus plan
NICOSIA, Cyprus (AP) — Cyprus' president on Monday unveiled a 4.4 billion-euro ($5.34 billion) economic stimulus plan, which he described as the “most ambitious ever” in the country’s 61-year history as an independent republic. Nicos Anastasiades said the five-pronged plan is projected to add another 7% to the gross domestic product over…
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Stocks fall in afternoon trading on Wall Street as tech lags
Stocks fall in afternoon trading on Wall Street as tech lags
| May 17th | 2021  1:26PM
Stocks fall in afternoon trading on Wall Street as tech lags
Stocks fell in afternoon trading on Wall Street Monday as the market comes off of its worst weekly decline since February. Big Tech stocks were the heaviest weights pulling the major indexes lower. The sector has been responsible for big swings in either direction over the last few weeks as investors weigh the impact of rising inflation and a broad economic recovery.
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AT&T will merge WarnerMedia operations with rival Discovery
AT&T
| May 17th | 2021  1:04PM
AT&T will merge WarnerMedia operations with rival Discovery
NEW YORK (AP) — AT&T and Discovery will merge their media operations in a $43 billion deal that will create a new company overseeing CNN, HBO, TNT and TBS, along with Discovery's Food Network, HGTV and others. With the agreement Monday to spin off WarnerMedia, AT&T is pulling back from a yearslong campaign to break into the streaming…
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German Greens want more rail travel, fewer domestic flights
German Greens want more rail travel, fewer domestic flights
| May 17th | 2021  12:06PM
German Greens want more rail travel, fewer domestic flights
BERLIN (AP) — Germany's environmentalist Greens party wants to boost rail travel at the expense of domestic flights to help the country achieve its goal of sharply reducing greenhouse gas emissions. The Greens' candidate for chancellorship in this year's national election, Annalena Baerbock, said Monday that her party would reduce government…
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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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Stocks fall in morning trading on Wall Street as tech lags
Stocks fall in morning trading on Wall Street as tech lags
| May 17th | 2021  11:44AM
Stocks fall in morning trading on Wall Street as tech lags
Stocks fell in morning trading on Wall Street Monday as the market comes off of its worst weekly decline since February. Big Tech stocks were the heaviest weights pulling the major indexes lower. The sector has been responsible for big swings in either direction over the last few weeks as investors weigh the impact of rising inflation and a broad economic recovery.
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AT&T, Discovery join media brands as cord-cutters encroach
AT&T
| May 17th | 2021  11:26AM
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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EU, US agree to temporarily suspend tariffs in steel dispute
EU, US agree to temporarily suspend tariffs in steel dispute
| May 17th | 2021  11:20AM
EU, US agree to temporarily suspend tariffs in steel dispute
BRUSSELS (AP) — The European Union and the United States on Monday decided to temporarily suspend measures at the heart of a steel tariff dispute 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 Valdis Dombrovskis said.
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Ransomware attack hits 4 Asian countries of AXA subsidiary
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| May 17th | 2021  11:11AM
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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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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France holds global talks to offer debt relief for Sudan
France holds global talks to offer debt relief for Sudan
| May 17th | 2021  10:58AM
France holds global talks to offer debt relief for Sudan
PARIS (AP) — French and African leaders and international organizations held a conference Monday in Paris to negotiate debt relief and raise global support for Sudan’s transitional leadership. French President Emmanuel Macron was hosting the event for Gen. Abdel-Fattah Burhan, head of Sudan’s ruling sovereign council, and Prime Minister Abdalla Hamdok.
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World Economic Forum cancels big event in 2021 amid pandemic
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| May 17th | 2021  10:52AM
World Economic Forum cancels big event in 2021 amid pandemic
GENEVA (AP) — World Economic Forum organizers say they have decided to cancel their annual gathering — usually held in Davos, Switzerland each year — this year amid concerns related to the COVID-19 pandemic. After multiple attempts to find a proper date and venue, most recently settling on hopes to hold it in Singapore in August, the…
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Stocks fall in early trading on Wall Street as Big Tech lags
Stocks fall in early trading on Wall Street as Big Tech lags
| May 17th | 2021  10:22AM
Stocks fall in early trading on Wall Street as Big Tech lags
Stocks fell in early trading on Wall Street Monday as the market comes off of its worst weekly decline since February. Big Tech stocks were the heaviest weights pulling the major indexes lower. The sector has been responsible for big swings in either direction over the last few weeks as investors weigh the impact of rising inflation and a broad economic recovery.
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Indonesia's Gojek, Tokopedia to merge as GoTo Group
Indonesia's Gojek, Tokopedia to merge as GoTo Group
| May 17th | 2021  10:04AM
Indonesia's Gojek, Tokopedia to merge as GoTo Group
SINGAPORE (AP) — Indonesian ride hailing company Gojek and the country's biggest e-commerce firm Tokopedia said Monday that they are merging to form the GoTo Group, adding to surging competition in Southeast Asia that is attracting billions of dollars from investors. The companies said the deal was Indonesia's biggest ever, based on historical…
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Stocks open mostly lower on Wall Street as Big Tech lags
Stocks open mostly lower on Wall Street as Big Tech lags
| May 17th | 2021  9:47AM
Stocks open mostly lower on Wall Street as Big Tech lags
Stocks are off to a mostly lower start on Wall Street as the market comes off its worst weekly decline since February. The S&P 500 was off 0.1% in the early going Monday. Losses for several Big Tech companies helped pull the Nasdaq down 0.4%. AT&T and Discovery rose sharply after the companies said they would combine their media businesses. Steelmakers were higher after the U.S.
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Freight Car America Gets Derailed
Freight Car America Gets Derailed
| May 17th | 2021  1:00AM
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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Its Time to Reserve Some Restaurant Brands International Shares
Its Time to Reserve Some Restaurant Brands International Shares
| May 17th | 2021  1:00AM
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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Two Niche Plays On EV To Put On Your Watchlist 
Two Niche Plays On EV To Put On Your Watchlist 
| May 17th | 2021  1:00AM
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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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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Gas crunch from cyberattack intensifies in nation's capital
Gas crunch from cyberattack intensifies in nation's capital
| May 14th, 7:13 PM
Gas crunch from cyberattack intensifies in nation's capital
Gas shortages at the pumps have spread from the South, all but emptying stations in Washington, D.C., following a ransomware cyberattack that forced a shutdown of the nation’s largest gasoline pipeline. Though the pipeline operator paid a ransom, restoring service was taking time. As Georgia-based Colonial Pipeline reported making “substantial…
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Passing on your password? Streaming services are past it
Passing on your password? Streaming services are past it
| May 14th, 5:24 PM
Passing on your password? Streaming services are past it
NEW YORK (AP) — Many of us were taught to share as kids. Now streaming services ranging from Netflix to Amazon to Disney+ want us to stop. That's the new edict from the giants of streaming media, who are hoping to discourage the common practice of sharing account passwords without alienating subscribers who've grown accustomed to the…
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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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5 Steps to Save Money for a Vacation
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| May 15th, 1:00 AM
5 Steps to Save Money for a Vacation
If you're anything like me, you're ready to break out of your shell and go on a looong trip, never mind these short trips we've taken within our tri-state area.  Think you might need some pointers to figure out where to go and what to do next? Because let's face it: We're all out of practice. Check out this guide to determine the best way to save…
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The Latest: Georgia public universities won't require shots
The Latest: Georgia public universities won't require shots
| May 14th, 5:49 PM
The Latest: Georgia public universities won't require shots
ATLANTA — Georgia’s 26 public universities and colleges do not currently plan to require students, faculty or staff to be vaccinated against COVID-19 in the fall, according to guidance issued by the University System of Georgia. The 340,000-student university system in March asked all campuses “to plan for resuming normal operations for…
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Granholm: Normal service at gas pump likely by late Sunday
Alejandro Mayorkas, Jennifer Granholm
| May 15th, 12:34 AM
Granholm: Normal service at gas pump likely by late Sunday
WASHINGTON (AP) — Energy Secretary Jennifer Granholm says the nation is “over the hump” on gas shortages following a ransomware cyberattack that forced a shutdown of the nation’s largest gasoline pipeline. Problems peaked Thursday night, and service should return to normal in most areas by the end of the weekend, Granholm said Friday in an interview with The Associated Press. “The good news is that ...
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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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The Latest: Maryland to end mask mandate this weekend
The Latest: Maryland to end mask mandate this weekend
| May 14th, 5:23 PM
The Latest: Maryland to end mask mandate this weekend
ANNAPOLIS, Md. -- Maryland is ending its statewide mask mandate this weekend, following guidance from the U.S. Centers for Disease Control and Prevention, Gov. Larry Hogan announced Friday. The mask mandate will end effective Saturday, the Republican governor said at a news conference. In alignment with CDC guidance, face…
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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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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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Stocks close higher with help from tech, still down for week
Stocks close higher with help from tech, still down for week
| May 14th, 4:50 PM
Stocks close higher with help from tech, still down for week
Stocks marched solidly higher again Friday, though the major indexes still ended with their worst weekly loss since February after a sharp pullback earlier in the week. The S&P 500 rose 1.5%, its second straight gain. The gains were broad, though technology sector stocks powered much of the rally. Retailers, banks, communication companies and industrial stocks also helped lift the market.
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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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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.
Read Article
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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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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Exchange Income (TSE:EIF) Given New C$47.00 Price Target at Raymond James
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| May 17th, 2:13 PM
Exchange Income (TSE:EIF) Given New C$47.00 Price Target at Raymond James
Exchange Income (TSE:EIF) had its price target raised by investment analysts at Raymond James from C$45.00 to C$47.00 in a research report issued on Monday, BayStreet.CA reports. The firm currently has a "strong-buy" rating on the stock. Raymond James' target price indicates a potential upside of 17.59% from the stock's previous close.Several other equities research analysts have also recently issued reports on the company.
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Aurora Cannabis (TSE:ACB) Price Target Cut to C$6.50 by Analysts at Stifel Nicolaus
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| May 17th, 2:13 PM
Aurora Cannabis (TSE:ACB) Price Target Cut to C$6.50 by Analysts at Stifel Nicolaus
Aurora Cannabis (TSE:ACB) had its price target cut by equities research analysts at Stifel Nicolaus from C$7.80 to C$6.50 in a research report issued on Monday, BayStreet.CA reports. Stifel Nicolaus' target price would suggest a potential downside of 21.97% from the company's current price.ACB has been the subject of a number of other research reports.
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$0.37 Earnings Per Share Expected for Nielsen Holdings plc (NYSE:NLSN) This Quarter
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| May 17th, 2:11 PM
$0.37 Earnings Per Share Expected for Nielsen Holdings plc (NYSE:NLSN) This Quarter
Analysts expect that Nielsen Holdings plc (NYSE:NLSN) will report $0.37 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Nielsen's earnings. The lowest EPS estimate is $0.34 and the highest is $0.39. Nielsen reported earnings of $0.41 per share during the same quarter last year, which would indicate a negative year over year growth rate of 9.8%.
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Zacks: Brokerages Expect MongoDB, Inc. (NASDAQ:MDB) Will Announce Earnings of -$0.36 Per Share
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| May 17th, 2:10 PM
Zacks: Brokerages Expect MongoDB, Inc. (NASDAQ:MDB) Will Announce Earnings of -$0.36 Per Share
Analysts expect MongoDB, Inc. (NASDAQ:MDB) to announce earnings per share (EPS) of ($0.36) for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for MongoDB's earnings. The lowest EPS estimate is ($0.37) and the highest is ($0.36). MongoDB reported earnings of ($0.13) per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 176.9%.
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Analysts Expect Kosmos Energy Ltd. (NYSE:KOS) Will Announce Earnings of -$0.04 Per Share
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| May 17th, 2:10 PM
Analysts Expect Kosmos Energy Ltd. (NYSE:KOS) Will Announce Earnings of -$0.04 Per Share
Equities analysts expect Kosmos Energy Ltd. (NYSE:KOS) to post earnings of ($0.04) per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Kosmos Energy's earnings. Kosmos Energy reported earnings per share of ($0.23) in the same quarter last year, which indicates a positive year over year growth rate of 82.6%.
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Pinduoduo Inc. (NASDAQ:PDD) Expected to Announce Earnings of -$0.68 Per Share
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| May 17th, 2:10 PM
Pinduoduo Inc. (NASDAQ:PDD) Expected to Announce Earnings of -$0.68 Per Share
Brokerages expect that Pinduoduo Inc. (NASDAQ:PDD) will post earnings per share of ($0.68) for the current quarter, according to Zacks. Three analysts have made estimates for Pinduoduo's earnings, with estimates ranging from ($0.83) to ($0.40). Pinduoduo posted earnings of ($0.50) per share during the same quarter last year, which suggests a negative year-over-year growth rate of 36%.
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Sienna Senior Living (TSE:SIA) PT Raised to C$16.50
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| May 17th, 2:07 PM
Sienna Senior Living (TSE:SIA) PT Raised to C$16.50
Sienna Senior Living (TSE:SIA) had its price target hoisted by analysts at Scotiabank from C$15.00 to C$16.50 in a research note issued on Monday, BayStreet.CA reports. Scotiabank's price target suggests a potential upside of 6.18% from the company's previous close.SIA has been the topic of several other research reports. National Bank Financial upped…
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SNC-Lavalin Group (TSE:SNC) Rating Increased to Outperform at Raymond James
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| May 17th, 2:07 PM
SNC-Lavalin Group (TSE:SNC) Rating Increased to Outperform at Raymond James
SNC-Lavalin Group (TSE:SNC) was upgraded by equities researchers at Raymond James from a "market perform" rating to an "outperform" rating in a report issued on Monday, BayStreet.CA reports. The firm presently has a C$40.00 price target on the stock, up from their prior price target of C$25.00. Raymond James' target price indicates a potential upside…
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Whitecap Resources (TSE:WCP) Given a C$7.00 Price Target at Tudor Pickering & Holt
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| May 17th, 2:07 PM
Whitecap Resources (TSE:WCP) Given a C$7.00 Price Target at Tudor Pickering & Holt
Whitecap Resources (TSE:WCP) has been assigned a C$7.00 target price by investment analysts at Tudor Pickering & Holt in a research note issued on Monday, BayStreet.CA reports. The brokerage currently has a "buy" rating on the stock. Tudor Pickering & Holt's price objective suggests a potential upside of 18.64% from the stock's current price.Other equities analysts have also issued research reports about the stock.
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CIBC Boosts Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Price Target to C$41.00
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| May 17th, 1:21 PM
CIBC Boosts Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Price Target to C$41.00
Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) had its price objective boosted by CIBC from C$40.00 to C$41.00 in a report issued on Monday, The Fly reports. The firm presently has a "neutral" rating on the financial services provider's stock.Several other equities analysts also recently commented on the company. Scotiabank cut their price…
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Raymond James Lowers Canadian Pacific Railway (NYSE:CP) Price Target to C$100.00
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| May 17th, 1:21 PM
Raymond James Lowers Canadian Pacific Railway (NYSE:CP) Price Target to C$100.00
Canadian Pacific Railway (NYSE:CP) (TSE:CP) had its price target dropped by Raymond James from C$500.00 to C$100.00 in a research note issued on Monday, The Fly reports. The brokerage presently has an "outperform" rating on the transportation company's stock.All Aboard Canadian Pacific (NYSE:CP): Railway Looks Primed for Blowout Q3 and Q4 EarningsA number of other equities analysts have also weighed in on the stock.
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Kuehne + Nagel International (OTCMKTS:KHNGY) Receives Underweight Rating from JPMorgan Chase & Co.
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| May 17th, 1:15 PM
Kuehne + Nagel International (OTCMKTS:KHNGY) Receives Underweight Rating from JPMorgan Chase & Co.
Kuehne + Nagel International (OTCMKTS:KHNGY)'s stock had its "underweight" rating reiterated by equities researchers at JPMorgan Chase & Co. in a report issued on Monday, The Fly reports.A number of other research analysts also recently issued reports on KHNGY. Bank of America downgraded shares of Kuehne + Nagel International from a "neutral" rating to an "underperform" rating in a research report on Thursday, April 29th.
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Extra Space Storage (NYSE:EXR) Price Target Increased to $150.00 by Analysts at Truist
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| May 17th, 12:48 PM
Extra Space Storage (NYSE:EXR) Price Target Increased to $150.00 by Analysts at Truist
Extra Space Storage (NYSE:EXR) had its price target upped by investment analysts at Truist from $137.00 to $150.00 in a note issued to investors on Monday, The Fly reports. The firm presently has a "buy" rating on the real estate investment trust's stock. Truist's price target would indicate a potential upside of 2.63% from the stock's current price.
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Tapestry (NYSE:TPR) PT Raised to $47.00
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| May 17th, 12:48 PM
Tapestry (NYSE:TPR) PT Raised to $47.00
Tapestry (NYSE:TPR) had its price target increased by equities researchers at MKM Partners from $38.00 to $47.00 in a note issued to investors on Monday, The Fly reports. The firm presently has a "neutral" rating on the luxury accessories retailer's stock. MKM Partners' price objective would suggest a potential upside of 0.34% from the stock's current…
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Voya Financial (NYSE:VOYA) Price Target Raised to $70.00 at Truist
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| May 17th, 12:48 PM
Voya Financial (NYSE:VOYA) Price Target Raised to $70.00 at Truist
Voya Financial (NYSE:VOYA) had its target price raised by equities research analysts at Truist from $57.00 to $70.00 in a research report issued to clients and investors on Monday, The Fly reports. The brokerage presently has a "hold" rating on the asset manager's stock. Truist's target price indicates a potential upside of 1.94% from the stock's current price.
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Callon Petroleum (NYSE:CPE) Receives Average Rating of "Hold" from Brokerages
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| May 17th, 12:47 PM
Callon Petroleum (NYSE:CPE) Receives Average Rating of "Hold" from Brokerages
Callon Petroleum (NYSE:CPE) has been given an average rating of "Hold" by the sixteen analysts that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $23.60.
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Patrick Cimerola Sells 100 Shares of Choice Hotels International, Inc. (NYSE:CHH) Stock
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| May 17th, 12:45 PM
Patrick Cimerola Sells 100 Shares of Choice Hotels International, Inc. (NYSE:CHH) Stock
Choice Hotels International, Inc. (NYSE:CHH) insider Patrick Cimerola sold 100 shares of the firm's stock in a transaction on Friday, May 14th. The shares were sold at an average price of $120.00, for a total transaction of $12,000.00. Following the completion of the transaction, the insider now directly owns 24,317 shares of the company's stock, valued at approximately $2,918,040.
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Sturm, Ruger & Company, Inc. (NYSE:RGR) Director Sells $300,240.00 in Stock
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| May 17th, 12:45 PM
Sturm, Ruger & Company, Inc. (NYSE:RGR) Director Sells $300,240.00 in Stock
Sturm, Ruger & Company, Inc. (NYSE:RGR) Director Ronald C. Whitaker sold 4,000 shares of the business's stock in a transaction dated Friday, May 14th. The stock was sold at an average price of $75.06, for a total transaction of $300,240.00. Following the transaction, the director now owns 30,892 shares in the company, valued at $2,318,753.52. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
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Alexis P. Michas Sells 9,994 Shares of BorgWarner Inc. (NYSE:BWA) Stock
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| May 17th, 12:45 PM
Alexis P. Michas Sells 9,994 Shares of BorgWarner Inc. (NYSE:BWA) Stock
BorgWarner Inc. (NYSE:BWA) Director Alexis P. Michas sold 9,994 shares of BorgWarner stock in a transaction dated Friday, May 14th. The stock was sold at an average price of $51.30, for a total value of $512,692.20. Following the sale, the director now directly owns 76,121 shares in the company, valued at $3,905,007.30. The sale was disclosed in a legal…
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