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Is it Time to Take a Bite of Apple Stock?
Is it Time to Take a Bite of Apple Stock?
| August 3rd | 2021  5:08AM
Is it Time to Take a Bite of Apple Stock?
Last week Apple (NASDAQ: AAPL) reported another strong quarter that confirmed business conditions are healthy in a strengthening global economy. However, management’s forecast for slowing growth in the current period and lack of guidance spooked some investors. Apple stock retreated from its pre-earnings build-up just as it had appeared it…
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3 Semiconductor Stocks Set to Soar
3 Semiconductor Stocks Set to Soar
| August 3rd | 2021  5:05AM
3 Semiconductor Stocks Set to Soar
Although many semiconductor stocks have rallied substantially in 2021, with the way these companies are delivering such strong earnings they could end up looking like bargains at current price levels by the end of the year. Consider the fact that widespread shortages could last well into the next year and help companies in the industry achieve new levels of success.
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LegalZoom.com Stock is Ready to Rally
LegalZoom.com Stock is Ready to Rally
| August 3rd | 2021  5:00AM
LegalZoom.com Stock is Ready to Rally
Online legal and compliance solutions platform LegalZoom (NYSE: LZ) stock is in price discovery mode after its recent IPO. The two-decade-old company based out of Glendale, CA, is a premier forerunner to the subscription model for legal forms, business compliance, trademarks and copyrights, and legal advice. The Company has a mission to democratize…
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Carmaker Stellantis reports record 1H margins, $7b profits
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| August 3rd | 2021  4:13AM
Carmaker Stellantis reports record 1H margins, $7b profits
MILAN (AP) — Automaker Stellantis on Tuesday said Tuesday it achieved faster-than-expected progress on synergies and record margins in its first six months as a combined company, despite suffering 700,000 units in lower production due to interruptions in the semiconductor supply chain. The company — formed from French carmaker Peugeot…
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BMW reaps $5.7 billion in profit, warns on parts shortages
BMW reaps $5.7 billion in profit, warns on parts shortages
| August 3rd | 2021  4:07AM
BMW reaps $5.7 billion in profit, warns on parts shortages
FRANKFURT, Germany (AP) — BMW reported 4.8 billion euros ($5.7 billion) in net profit in the second quarter, rounding out a strong earnings season for Germany's three big automakers as global auto markets continue to recover from the pandemic — particularly when it comes to luxury cars. The company warned, however, that shortages of…
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ON Semiconductors, Another Reason To GET Bullish On Microchips
ON Semiconductors, Another Reason To GET Bullish On Microchips
| August 3rd | 2021  4:00AM
ON Semiconductors, Another Reason To GET Bullish On Microchips
ON Semiconductor Is About To Set A New High ON Semiconductors (NASDAQ: ON) has given another confirmation of what we already knew to be true about the semiconductor industry. Global systemic demand for microchips has sparked a secular upcycle in the microchip industry.  ON Semiconductor’s exposure to the OEM auto market and computer vision/automation industry make it a top pick in the sector.
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Asian markets lower on virus worries after Wall Street slips
Asian markets lower on virus worries after Wall Street slips
| August 3rd | 2021  2:02AM
Asian markets lower on virus worries after Wall Street slips
BEIJING (AP) — Asian stock markets followed Wall Street lower on Tuesday as jitters about the spread of the coronavirus's delta variant dented enthusiasm about strong corporate profits. Investors looked ahead to U.S. jobs data due out this week for signs of the health of the world's biggest economy. Shanghai, Tokyo, Hong…
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IMF OKs big increase in funds to alleviate pandemic impact
IMF OKs big increase in funds to alleviate pandemic impact
| August 2nd | 2021  9:24PM
IMF OKs big increase in funds to alleviate pandemic impact
WASHINGTON (AP) — The governing body of the International Monetary Fund has approved a $650 billion expansion in the agency's resources to support economically vulnerable countries battling the coronavirus pandemic and the economic downturn it has caused. The 190-nation lending institution said Monday that its board of governors approved…
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Oregon: Settlement with Victoria 's Secret owner ends 'fear'
Oregon: Settlement with Victoria 's Secret owner ends 'fear'
| August 2nd | 2021  7:27PM
Oregon: Settlement with Victoria 's Secret owner ends 'fear'
SALEM, Ore. (AP) — Oregon officials believe a $90 million settlement it has reached with the parent company of Victoria's Secret guarantees an end to its “culture of harassment and fear.” Under the settlement, Victoria’s Secret and Bath & Body Works, owned by L Brands Inc., each committed to invest $45 million over at least five years…
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Treasury Department's borrowing plans assume debt-limit deal
Treasury Department's borrowing plans assume debt-limit deal
| August 2nd | 2021  5:02PM
Treasury Department's borrowing plans assume debt-limit deal
WASHINGTON (AP) — The Treasury Department has unveiled plans to borrow $673 billion in the current quarter while employing emergency measures to keep the government from an unprecedented default on the national debt. Treasury Secretary Janet Yellen on Monday announced a new round of measures to keep the government under the newly established…
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Stocks end mixed after starting August off on a choppy note
Stocks end mixed after starting August off on a choppy note
| August 2nd | 2021  4:50PM
Stocks end mixed after starting August off on a choppy note
Stocks gave back some of their recent gains Monday after a day of choppy trading on Wall Street led the major indexes to a mixed finish. The S&P 500 slipped 0.2% in the final hour of trading after holding a slight gain for much of the afternoon. The benchmark index is coming off a weekly loss, though it ended July higher, its sixth straight month of gains.
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Square, ON Semi rise; TG Therapeutics, Foot Locker fall
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| August 2nd | 2021  4:24PM
Square, ON Semi rise; TG Therapeutics, Foot Locker fall
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How major US stock indexes fared Monday
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| August 2nd | 2021  4:22PM
How major US stock indexes fared Monday
Stocks closed mixed on Wall Street Monday after a day of choppy trading. Investors were balancing unease about the spread of a more contagious coronavirus variant against another round of encouraging company earnings. The S&P 500 closed lower after being slightly higher for much of the day. Roughly 150 members of the index will report their results this week, and the July jobs report comes out on Friday.
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US stocks close mixed after posting their 6th monthly gain
US stocks close mixed after posting their 6th monthly gain
| August 2nd | 2021  4:04PM
US stocks close mixed after posting their 6th monthly gain
Stocks closed mixed on Wall Street Monday after a day of choppy trading. Investors were balancing unease about the spread of a more contagious coronavirus variant against another round of encouraging company earnings. The S&P 500 lost 0.2% It was slightly higher for much of the day before turning lower in the last half-hour of trading. Roughly 150…
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US stocks turn mixed after posting their 6th monthly gain
US stocks turn mixed after posting their 6th monthly gain
| August 2nd | 2021  3:48PM
US stocks turn mixed after posting their 6th monthly gain
Stocks were mixed on Wall Street in choppy trading Monday as investors balanced unease about the spread of a more contagious coronavirus variant against another round of encouraging company earnings. The S&P 500 was down 0.1% as of 3:42 p.m. Eastern. The benchmark index is coming off a weekly loss, though it ended July higher, its sixth straight month of gains.
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Buy Simon Property Group as a Best-In-Class Play
Buy Simon Property Group as a Best-In-Class Play
| August 2nd | 2021  12:00PM
Buy Simon Property Group as a Best-In-Class Play
Simon Property Group (NYSE:SPG) is expected to deliver a strong earnings report after the market closes on August 2. The expectation is for the company to report earnings per share of $2.37 on revenue of $1.14 billion. And the whisper number suggests that Simon Property Group will report earnings per share of $2.47.  The reason for what will likely be a stellar report is obvious.
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Hasbro Stock has Been Basing for a Breakout
Hasbro Stock has Been Basing for a Breakout
| August 2nd | 2021  8:00AM
Hasbro Stock has Been Basing for a Breakout
Entertainment products and content company Hasbro, Inc. (NYSE: HAS) shares have finally broken out of a multi-month trading range on its impressive Q2 2021 earnings release. Hasbro is building an entertainment universe with its slate of theatrical and television productions and content. The acceleration of COVID vaccinations is driving consumers back to the theaters for an experience that can’t be duplicated at home on the big screen.
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5 Reasons To Own KLA Corporation
5 Reasons To Own KLA Corporation
| August 2nd | 2021  7:00AM
5 Reasons To Own KLA Corporation
A Grand Slam Quarter For KLA Corporation We have been fond of KLA Corporation (NASDAQ: KLAC) for several years. The company is fundamental to the microchip industry as a manufacturer and servicer of the equipment with which microchip wafers are made and that can be seen in the quarterly results. The company just released its fiscal 2021 Q4 results and absolutely knocked the ball right out of the park.
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What Does High Unemployment Have to Do with Your Investments?
What Does High Unemployment Have to Do with Your Investments?
| August 2nd | 2021  6:00AM
What Does High Unemployment Have to Do with Your Investments?
The unemployment rate jumped in April 2020 to a level not seen since the 1930s. The unemployment rate (currently 5.9%) and the number of unemployed (9.5 million), has decreased from April 2020, according to the Bureau of Labor Statistics. However, unemployment remains higher compared to levels prior to the COVID-19 pandemic. Unemployment hovered at…
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5 Reasons To Own KLA Corporation
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| August 2nd, 7:00 AM
5 Reasons To Own KLA Corporation
A Grand Slam Quarter For KLA Corporation We have been fond of KLA Corporation (NASDAQ: KLAC) for several years. The company is fundamental to the microchip industry as a manufacturer and servicer of the equipment with which microchip wafers are made and that can be seen in the quarterly results. The company just released its fiscal 2021 Q4 results and absolutely knocked the ball right out of the park.
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Hasbro Stock has Been Basing for a Breakout
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| August 2nd, 8:00 AM
Hasbro Stock has Been Basing for a Breakout
Entertainment products and content company Hasbro, Inc. (NYSE: HAS) shares have finally broken out of a multi-month trading range on its impressive Q2 2021 earnings release. Hasbro is building an entertainment universe with its slate of theatrical and television productions and content. The acceleration of COVID vaccinations is driving consumers back to the theaters for an experience that can’t be duplicated at home on the big screen.
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Buy Simon Property Group as a Best-In-Class Play
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| August 2nd, 12:00 PM
Buy Simon Property Group as a Best-In-Class Play
Simon Property Group (NYSE:SPG) is expected to deliver a strong earnings report after the market closes on August 2. The expectation is for the company to report earnings per share of $2.37 on revenue of $1.14 billion. And the whisper number suggests that Simon Property Group will report earnings per share of $2.47.  The reason for what will likely be a stellar report is obvious.
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Forgotten oil and gas wells linger, leaking toxic chemicals
Ashley Williams Watt
| July 31st, 9:11 AM
Forgotten oil and gas wells linger, leaking toxic chemicals
CRANE, Texas (AP) — Rusted pipes litter the sandy fields of Ashley Williams Watt’s cattle ranch in windswept West Texas. The corroded skeletons are all that remain of hundreds of abandoned oil wells that were drilled long before her family owned the land. The wells, unable to produce any useful amounts of oil or gas, were plugged with cement decades…
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Pharmaceutical plant idled despite effort to save jobs
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| August 1st, 1:12 PM
Pharmaceutical plant idled despite effort to save jobs
CHARLESTON, W.Va. (AP) — A West Virginia pharmaceutical plant that employed nearly 1,500 people has been idled despite a last-ditch attempt by labor and advocacy groups to keep it open. Time ran out Saturday for workers at the former Mylan pharmaceuticals plant in Morgantown, the Charleston Gazette-Mail reported. Drugmaker Viatris Inc.
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Square to buy installment payment firm Afterpay in $29B deal
Square to buy installment payment firm Afterpay in $29B deal
| August 1st, 10:35 PM
Square to buy installment payment firm Afterpay in $29B deal
Digital payments company Square Inc. says it has agreed to acquire Afterpay, which provides a “buy now, pay later’’ option for merchants, in an all-stock deal valued at about $29 billion. Square allows retailers to process credit card transactions using devices that plug into tablets or smartphones. The San Francisco-based company said…
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What Does High Unemployment Have to Do with Your Investments?
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| August 2nd, 6:00 AM
What Does High Unemployment Have to Do with Your Investments?
The unemployment rate jumped in April 2020 to a level not seen since the 1930s. The unemployment rate (currently 5.9%) and the number of unemployed (9.5 million), has decreased from April 2020, according to the Bureau of Labor Statistics. However, unemployment remains higher compared to levels prior to the COVID-19 pandemic. Unemployment hovered at…
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Stocks open August higher after posting 6th monthly gain
Stocks open August higher after posting 6th monthly gain
| August 2nd, 10:20 AM
Stocks open August higher after posting 6th monthly gain
Stocks were rising in early trading Monday as investors embraced another strong set of earnings as well as progress in Washington to pass a large infrastructure package. The S&P 500 index was up 0.4% as of 10 a.m. Eastern. The Dow Jones Industrial Average was up 0.5% and the Nasdaq composite was up 0.3%. The indexes ended July higher,…
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Ferrari earnings surge back to growth in second quarter
Ferrari earnings surge back to growth in second quarter
| August 2nd, 11:36 AM
Ferrari earnings surge back to growth in second quarter
MILAN (AP) — Luxury sports car maker Ferrari has surged back to second-quarter growth, posting a 206-million-euro ($245 million) profit on Monday after seeing its earnings drop precipitously in the same period a year ago due to the pandemic shutdown. Based in the northern Italian city of Maranello, Ferrari said net profit for the three…
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Global stocks rise even as China's manufacturing slows
Global stocks rise even as China's manufacturing slows
| August 2nd, 5:12 AM
Global stocks rise even as China's manufacturing slows
SINGAPORE (AP) — Global stocks started the week higher Monday, even as China reported a slowdown in manufacturing activity and countries continued to be hammered by the delta variant. Investors were spurred by encouraging earnings on Wall Street, which recently wrapped up another strong month. The S&P 500 notched six straight months of gains ending July.
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Allianz warns of risk, confirms US Justice Department probe
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| August 1st, 6:06 PM
Allianz warns of risk, confirms US Justice Department probe
The Allianz financial services company is warning that lawsuits brought by U.S. investors against the company could end up having a material impact on its future financial results. The major German company made the disclosure Sunday, noting that it received a request from the U.S. Department of Justice for documents and information related…
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Asian stocks rise even as China's manufacturing slows
Asian stocks rise even as China's manufacturing slows
| August 2nd, 3:16 AM
Asian stocks rise even as China's manufacturing slows
SINGAPORE (AP) — Asian stocks started the week higher Monday, even as China reported a slowdown in manufacturing activity and countries in the region continued to be hammered by the delta variant. Tokyo’s Nikkei 225 jumped 1.8% to close at 27,781.02, while the Kospi in Seoul rose 0.6% to 3,221.40. The Hang Seng in Hong Kong advanced 0.9% to 26,204.46 in afternoon trading.
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Foot Locker buying atmos, Eurostar in pair of deals
Foot Locker
| August 2nd, 10:29 AM
Foot Locker buying atmos, Eurostar in pair of deals
Foot Locker is acquiring a pair of companies in deals worth over $1 billion. The New York footwear and clothing company said Monday that it's buying Text Trading Co., which owns and licenses Japanese retailer atmos, for $360 million. The transaction accelerates Foot Locker's Asia-Pacific expansion. Atmos, with fiscal 2020 revenue of about $175 million, has 49 stores worldwide.
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This Week: Construction spending, GM earns, nonfarm payrolls
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| August 2nd, 1:10 AM
This Week: Construction spending, GM earns, nonfarm payrolls
A look at some of the key business events and economic indicators upcoming this week: EYE ON CONSTRUCTION Economists project that spending on construction projects increased nationally in June after falling the previous month. They expect the Commerce Department will report Monday that spending on housing, nonresidential and government construction projects rose 0.5% in June.
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Square, ON Semi rise; TG Therapeutics, Foot Locker fall
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| August 2nd, 4:24 PM
Square, ON Semi rise; TG Therapeutics, Foot Locker fall
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China's July manufacturing weakens amid export weakness
China's July manufacturing weakens amid export weakness
| August 2nd, 1:03 AM
China's July manufacturing weakens amid export weakness
BEIJING (AP) — China’s manufacturing growth in July slowed to its lowest level in 15 months as export demand weakened and factories coped with disruptions in supplies of raw materials and components, two surveys found. A monthly purchasing managers’ index released by Caixin, a business magazine, declined to 50.3 from June’s 51.3 on a 100-point scale on which numbers above 50 show activity increasing.
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Stocks start August higher after posting 6th monthly gain
Stocks start August higher after posting 6th monthly gain
| August 2nd, 2:56 PM
Stocks start August higher after posting 6th monthly gain
Stocks edged higher on Wall Street in choppy trading Monday as investors balanced unease about the spread of a more contagious coronavirus variant against another round of encouraging company earnings. The S&P 500 was up 0.1% as of 2:47 p.m. Eastern. The benchmark index is coming off a weekly loss, though it ended July higher, its sixth straight month of gains.
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EU investigates Facebook's proposed purchase of Kustomer
EU investigates Facebook's proposed purchase of Kustomer
| August 2nd, 11:22 AM
EU investigates Facebook's proposed purchase of Kustomer
LONDON (AP) — European Union regulators are opening an in-depth investigation of Facebook's plan to buy Kustomer over concerns that the deal would stifle competition for customer relationship management software. The EU Commission said Monday it's also investigating the acquisition because of worries that Facebook would get more data for personalized ads, handing it even more of an advantage in the online advertising market.
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Treasury Department's borrowing plans assume debt-limit deal
Treasury Department's borrowing plans assume debt-limit deal
| August 2nd, 5:02 PM
Treasury Department's borrowing plans assume debt-limit deal
WASHINGTON (AP) — The Treasury Department has unveiled plans to borrow $673 billion in the current quarter while employing emergency measures to keep the government from an unprecedented default on the national debt. Treasury Secretary Janet Yellen on Monday announced a new round of measures to keep the government under the newly established…
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Madison Square Garden Entertainment (NYSE:MSGE) Lifted to "Buy" at Zacks Investment Research
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| August 3rd, 5:16 AM
Madison Square Garden Entertainment (NYSE:MSGE) Lifted to "Buy" at Zacks Investment Research
Madison Square Garden Entertainment (NYSE:MSGE) 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 brokerage currently has a $78.00 price objective on the stock. Zacks Investment Research's price objective points to a potential upside of 10.36% from the company's previous close.
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Mizuho Financial Group (NYSE:MFG) Upgraded at Zacks Investment Research
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| August 3rd, 5:16 AM
Mizuho Financial Group (NYSE:MFG) Upgraded at Zacks Investment Research
Mizuho Financial Group (NYSE:MFG) was upgraded by Zacks Investment Research from a "sell" rating to a "hold" rating in a research report issued on Tuesday, Zacks.com reports. According to Zacks, "THE MIZUHO FINANCIAL GROUP is a bank holding company which operates and manages its banks, long-term credit banks, specialized securities companies and other…
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Madrigal Pharmaceuticals (NASDAQ:MDGL) Upgraded at Zacks Investment Research
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| August 3rd, 5:16 AM
Madrigal Pharmaceuticals (NASDAQ:MDGL) Upgraded at Zacks Investment Research
Madrigal Pharmaceuticals (NASDAQ:MDGL) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a report released on Tuesday, Zacks.com reports. The brokerage presently has a $98.00 target price on the biopharmaceutical company's stock. Zacks Investment Research's price objective would suggest a potential upside of 11.46% from the company's previous close.
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Monarch Casino & Resort (NASDAQ:MCRI) Upgraded to Strong-Buy at Zacks Investment Research
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| August 3rd, 5:16 AM
Monarch Casino & Resort (NASDAQ:MCRI) Upgraded to Strong-Buy at Zacks Investment Research
Monarch Casino & Resort (NASDAQ:MCRI) was upgraded by Zacks Investment Research from a "hold" rating to a "strong-buy" rating in a research note issued on Tuesday, Zacks.com reports. The brokerage currently has a $73.00 price target on the stock. Zacks Investment Research's price objective indicates a potential upside of 11.65% from the stock's current price.
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Merchants Bancorp (NASDAQ:MBIN) Downgraded by Zacks Investment Research to Strong Sell
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| August 3rd, 5:16 AM
Merchants Bancorp (NASDAQ:MBIN) Downgraded by Zacks Investment Research to Strong Sell
Merchants Bancorp (NASDAQ:MBIN) was downgraded by Zacks Investment Research from a "hold" rating to a "strong sell" rating in a report released on Tuesday, Zacks.com reports. According to Zacks, "Merchants Bancorp is a diversified bank holding company. It provides multi-family housing and health care facility financing, mortgage warehousing, retail…
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Verint Systems Inc. (NASDAQ:VRNT) Expected to Announce Earnings of $0.47 Per Share
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| August 3rd, 5:13 AM
Verint Systems Inc. (NASDAQ:VRNT) Expected to Announce Earnings of $0.47 Per Share
Equities research analysts expect Verint Systems Inc. (NASDAQ:VRNT) to announce $0.47 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Verint Systems' earnings, with estimates ranging from $0.40 to $0.53. Verint Systems reported earnings of $1.06 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 55.7%.
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$0.14 Earnings Per Share Expected for Outfront Media Inc. (REIT) (NYSE:OUT) This Quarter
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| August 3rd, 5:13 AM
$0.14 Earnings Per Share Expected for Outfront Media Inc. (REIT) (NYSE:OUT) This Quarter
Analysts expect that Outfront Media Inc. (REIT) (NYSE:OUT) will report $0.14 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Outfront Media's earnings. The lowest EPS estimate is $0.12 and the highest is $0.16. Outfront Media reported earnings of ($0.15) per share during…
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$0.91 Earnings Per Share Expected for Sonoco Products (NYSE:SON) This Quarter
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| August 3rd, 5:12 AM
$0.91 Earnings Per Share Expected for Sonoco Products (NYSE:SON) This Quarter
Equities analysts expect Sonoco Products (NYSE:SON) to post $0.91 earnings per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Sonoco Products' earnings, with the lowest EPS estimate coming in at $0.89 and the highest estimate coming in at $0.93. Sonoco Products posted earnings of $0.86 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 5.8%.
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Equinor ASA (NYSE:EQNR) Expected to Announce Earnings of $0.85 Per Share
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| August 3rd, 5:12 AM
Equinor ASA (NYSE:EQNR) Expected to Announce Earnings of $0.85 Per Share
Brokerages predict that Equinor ASA (NYSE:EQNR) will report earnings of $0.85 per share for the current quarter, according to Zacks. Zero analysts have made estimates for Equinor ASA's earnings. Equinor ASA posted earnings of $0.09 per share during the same quarter last year, which would suggest a positive year over year growth rate of 844.4%. The firm…
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Deckers Outdoor Co. (NYSE:DECK) Expected to Post Earnings of $4.06 Per Share
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| August 3rd, 5:12 AM
Deckers Outdoor Co. (NYSE:DECK) Expected to Post Earnings of $4.06 Per Share
Brokerages expect Deckers Outdoor Co. (NYSE:DECK) to post $4.06 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Deckers Outdoor's earnings, with the lowest EPS estimate coming in at $3.68 and the highest estimate coming in at $4.49. Deckers Outdoor posted earnings per share of $3.58…
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Crane Co. (NYSE:CR) Expected to Post Earnings of $1.38 Per Share
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| August 3rd, 5:12 AM
Crane Co. (NYSE:CR) Expected to Post Earnings of $1.38 Per Share
Brokerages expect that Crane Co. (NYSE:CR) will announce earnings of $1.38 per share for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Crane's earnings. The highest EPS estimate is $1.44 and the lowest is $1.35. Crane posted earnings of $1.05 per share during the same quarter last year, which would indicate a positive year over year growth rate of 31.4%.
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Zacks: Analysts Anticipate NuStar Energy L.P. (NYSE:NS) to Post $0.33 EPS
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| August 3rd, 5:11 AM
Zacks: Analysts Anticipate NuStar Energy L.P. (NYSE:NS) to Post $0.33 EPS
Analysts expect NuStar Energy L.P. (NYSE:NS) to report earnings per share of $0.33 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for NuStar Energy's earnings, with the highest EPS estimate coming in at $0.50 and the lowest estimate coming in at $0.20. NuStar Energy reported earnings of $0.06…
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Short Interest in AdaptHealth Corp. (NASDAQ:AHCO) Grows By 19.4%
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| August 3rd, 5:09 AM
Short Interest in AdaptHealth Corp. (NASDAQ:AHCO) Grows By 19.4%
AdaptHealth Corp. (NASDAQ:AHCO) was the target of a large increase in short interest in July. As of July 15th, there was short interest totalling 3,760,000 shares, an increase of 19.4% from the June 30th total of 3,150,000 shares. Based on an average trading volume of 1,150,000 shares, the short-interest ratio is currently 3.3 days. Approximately 4.1% of the shares of the stock are short sold.
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ACM Research, Inc. (NASDAQ:ACMR) Short Interest Update
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| August 3rd, 5:09 AM
ACM Research, Inc. (NASDAQ:ACMR) Short Interest Update
ACM Research, Inc. (NASDAQ:ACMR) saw a significant increase in short interest in July. As of July 15th, there was short interest totalling 1,190,000 shares, an increase of 19.1% from the June 30th total of 998,800 shares. Currently, 9.4% of the shares of the stock are sold short. Based on an average daily volume of 324,600 shares, the days-to-cover ratio is currently 3.7 days.
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Arch Capital Group Ltd. (NASDAQ:ACGL) Short Interest Update
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| August 3rd, 5:09 AM
Arch Capital Group Ltd. (NASDAQ:ACGL) Short Interest Update
Arch Capital Group Ltd. (NASDAQ:ACGL) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 4,970,000 shares, a drop of 13.3% from the June 30th total of 5,730,000 shares. Currently, 1.3% of the company's stock are sold short. Based on an average daily trading volume, of 1,670,000 shares, the short-interest ratio is currently 3.0 days.
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Ameris Bancorp (NASDAQ:ABCB) Short Interest Down 14.2% in July
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| August 3rd, 5:09 AM
Ameris Bancorp (NASDAQ:ABCB) Short Interest Down 14.2% in July
Ameris Bancorp (NASDAQ:ABCB) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 1,690,000 shares, a decline of 14.2% from the June 30th total of 1,970,000 shares. Currently, 2.6% of the shares of the company are short sold. Based on an average daily trading volume, of 419,200 shares, the short-interest ratio is presently 4.0 days.
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PubMatic (PUBM) Set to Announce Quarterly Earnings on Tuesday
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| August 3rd, 5:08 AM
PubMatic (PUBM) Set to Announce Quarterly Earnings on Tuesday
PubMatic (NASDAQ:PUBM) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, August 10th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. PubMatic has set its Q2 2021 guidance at - EPS.Parties interested in listening to the company's conference call can do so using this link. 3…
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Brokerages Anticipate Supernus Pharmaceuticals, Inc. (NASDAQ:SUPN) Will Post Quarterly Sales of $134.83 Million
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| August 3rd, 4:10 AM
Brokerages Anticipate Supernus Pharmaceuticals, Inc. (NASDAQ:SUPN) Will Post Quarterly Sales of $134.83 Million
Analysts predict that Supernus Pharmaceuticals, Inc. (NASDAQ:SUPN) will post $134.83 million in sales for the current quarter, Zacks reports. Three analysts have issued estimates for Supernus Pharmaceuticals' earnings, with estimates ranging from $127.74 million to $140.45 million. Supernus Pharmaceuticals posted sales of $126.73 million during the same quarter last year, which suggests a positive year over year growth rate of 6.4%.
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$20.65 Billion in Sales Expected for Phillips 66 (NYSE:PSX) This Quarter
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| August 3rd, 4:10 AM
$20.65 Billion in Sales Expected for Phillips 66 (NYSE:PSX) This Quarter
Equities research analysts forecast that Phillips 66 (NYSE:PSX) will report $20.65 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Phillips 66's earnings, with estimates ranging from $18.64 billion to $22.66 billion. Phillips 66 reported sales of $11.18 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 84.7%.
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He warns that added stimulus "will set off inflationary pressures of a kind we have not seen in a generation. With consequences for the value of the dollar and financial stability."

Popular Stocks

CompanyCurrent PricePrice Change
Apple Inc. logo
AAPL
Apple Inc.
$145.52-0.23%
Microsoft Co. logo
MSFT
Microsoft Co.
$284.82-0.03%
Facebook, Inc. logo
FB
Facebook, Inc.
$351.95-1.22%
Alphabet Inc. logo
GOOGL
Alphabet Inc.
$2,697.090.10%
Tesla, Inc. logo
TSLA
Tesla, Inc.
$709.673.27%
Amazon.com, Inc. logo
AMZN
Amazon.com, Inc.
$3,331.480.12%
NVIDIA Co. logo
NVDA
NVIDIA Co.
$197.501.29%
Alibaba Group Holding Limited logo
BABA
Alibaba Group Holding Limited
$200.092.51%
Nio Inc - logo
NIO
Nio Inc -
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Canopy Growth Co. logo
CGC
Canopy Growth Co.
$18.80-0.58%
General Electric logo
GE
General Electric
$100.60-2.90%
Micron Technology, Inc. logo
MU
Micron Technology, Inc.
$77.640.08%
Advanced Micro Devices, Inc. logo
AMD
Advanced Micro Devices, Inc.
$108.632.30%
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Analyst Ratings

CompanyBrokerageAction
Old Dominion Freight Line, Inc. logo
ODFL
Old Dominion Freight Line, Inc.
The Goldman Sachs GroupDowngrade
to Neutral
XPO Logistics, Inc. logo
XPO
XPO Logistics, Inc.
The Goldman Sachs GroupUpgrade
to Buy
MarketWise logo
MKTW
MarketWise
OppenheimerInitiated Coverage
at Outperform
Processa Pharmaceuticals, Inc. logo
PCSA
Processa Pharmaceuticals, Inc.
OppenheimerInitiated Coverage
at $20.00
TriCo Bancshares logo
TCBK
TriCo Bancshares
Piper SandlerUpgrade
to Overweight
Barclays PLC logo
BCS
Barclays PLC
Royal Bank of CanadaUpgrade
to Sector Perform
Mercer International Inc. logo
MERC
Mercer International Inc.
Royal Bank of CanadaLower Price Target
$15.00 ➝ $13.00
LKQ Co. logo
LKQ
LKQ Co.
Truist SecuritiesBoost Price Target
$58.00 ➝ $63.00
TG Therapeutics, Inc. logo
TGTX
TG Therapeutics, Inc.
HC WainwrightLower Price Target
$89.00 ➝ $84.00
Immunovant, Inc. logo
IMVT
Immunovant, Inc.
Credit Suisse GroupDowngrade
to Underperform
BJ's Restaurants, Inc. logo
BJRI
BJ's Restaurants, Inc.
Stifel NicolausLower Price Target
$55.00 ➝ $48.00
Enbridge Inc. logo
ENB
Enbridge Inc.
BMO Capital MarketsBoost Price Target
$52.00 ➝ $55.00
See All Analyst Ratings

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He warns that added stimulus "will set off inflationary pressures of a kind we have not seen in a generation. With consequences for the value of the dollar and financial stability."

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