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The Latest: British PM to announce new social restrictions
The Latest: British PM to announce new social restrictions
| September 22nd | 2020  4:03AM
The Latest: British PM to announce new social restrictions
LONDON — British Prime Minister Boris Johnson will announce new restrictions on social interaction Tuesday as the government tries to slow the spread of the coronavirus before it spirals out of control. Cabinet Office Minister Michael Gove told Sky News that pubs and restaurants across England will be ordered to close at 10 p.m. and people…
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Asian shares track Wall Street retreat; big banks tumble
Asian shares track Wall Street retreat; big banks tumble
| September 22nd | 2020  2:47AM
Asian shares track Wall Street retreat; big banks tumble
Shares slipped Tuesday in Asia after markets tumbled worldwide on worries about the pandemic’s economic pain. Shares declined in Hong Kong, Seoul, Sydney and Shanghai while Japanese markets were closed for a holiday. Stocks of big banks fell after a report alleged that several are profiting from illicit dealings with criminal networks.
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Asian shares track Wall Street retreat on pandemic pains
Asian shares track Wall Street retreat on pandemic pains
| September 22nd | 2020  12:41AM
Asian shares track Wall Street retreat on pandemic pains
Shares slipped Tuesday in Asia after markets tumbled worldwide on worries about the pandemic’s economic pain. Hong Kong's Hang Seng lost 0.3% to 23,894.72 and the Kospi in South Korea sank 1.7% to 2,348.24. The S&P/ASX 200 in Australia lost 0.6% to 5,787.00 and the Shanghai Composite index edged 0.1% lower to 3,312.88. …
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Canadian auto workers extend Ford contract, delay strike
Consumer products and services news icon
| September 22nd | 2020  12:19AM
Canadian auto workers extend Ford contract, delay strike
DETROIT (AP) — The union that represents Canadian auto workers has extended its contract with Ford beyond an 11:59 p.m. deadline, a sign that progress is being made toward an agreement. The Unifor union has scheduled a news conference for 10 a.m. Tuesday to discuss the talks. It picked Ford as a potential strike target on Sept. 8. …
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Critic of Chinese leader sentenced to 18 years in graft case
Critic of Chinese leader sentenced to 18 years in graft case
| September 21st | 2020  11:58PM
Critic of Chinese leader sentenced to 18 years in graft case
BEIJING (AP) — The former chairman of a state-owned real estate company who publicly criticized President Xi Jinping’s handling of the coronavirus pandemic was sentenced to 18 years in prison on Tuesday on corruption charges, a court announced. Ren Zhiqiang, who became known for speaking up about censorship and other sensitive topics,…
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British man sentenced to 5 years for hacking US companies
Technology news icon
| September 21st | 2020  7:35PM
British man sentenced to 5 years for hacking US companies
ST. LOUIS (AP) — A British man who was part of a hacking collective called The Dark Overlord was sentenced Monday to five years in prison for helping the group steal information from several companies in the U.S., including Missouri, Illinois and Georgia. Nathan Francis Wyatt, 39, was sentenced after he pleaded guilty in federal court in St.
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Powell: Many small companies can borrow without Main Street
Powell: Many small companies can borrow without Main Street
| September 21st | 2020  5:39PM
Powell: Many small companies can borrow without Main Street
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell says that many mid-size U.S. businesses are now able to borrow from banks, suggesting that the need for a Fed lending program that was designed to serve struggling medium-size companies has waned. In remarks prepared for delivery Tuesday to the House Financial Services Committee, Powell…
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Bank shares slide on report of rampant money laundering
Bank shares slide on report of rampant money laundering
| September 21st | 2020  5:28PM
Bank shares slide on report of rampant money laundering
The financial sector was hit hard Monday following a report alleging that a number of banks — JPMorgan, HSBC, Standard Chartered Bank, Deutsche Bank and Bank of New York Mellon among them — have continued to profit from illicit dealings with disreputable people and criminal networks despite previous warnings from regulators. According…
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Founder of GM electric truck partner quits amid allegations
Founder of GM electric truck partner quits amid allegations
| September 21st | 2020  5:07PM
Founder of GM electric truck partner quits amid allegations
FRANKFURT, Germany (AP) — Shares in electric and hydrogen-powered truck startup Nikola plunged on Monday after the company's founder resigned amid allegations of fraud — just two weeks after signing a $2 billion partnership with General Motors. The company said late Sunday that Trevor Milton resigned. The departing executive chairman…
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Wall Street falls, S&P 500 down 1.2% as global markets swoon
Michael Capolino
| September 21st | 2020  4:59PM
Wall Street falls, S&P 500 down 1.2% as global markets swoon
NEW YORK (AP) — Wall Street slumped Monday as markets tumbled worldwide on worries about the pandemic’s economic pain, though the S&P 500 had pared its losses by the end of the day. The drops began in Asia as soon as trading opened for the week, and they accelerated in Europe on worries about the possibility of tougher restrictions there to stem rising coronavirus counts.
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Democrats unveil temporary funding bill to avert shutdown
Nancy Pelosi
| September 21st | 2020  4:53PM
Democrats unveil temporary funding bill to avert shutdown
WASHINGTON (AP) — Democrats controlling the House unveiled a government-wide temporary funding bill on Monday that would keep federal agencies fully up and running into December. The measure would prevent a partial shutdown of the government after the current budget year expires at the end of the month, but Republicans immediately protested, and a Senate…
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How major US stock indexes fared Monday
Leading economic indicators news icon
| September 21st | 2020  4:34PM
How major US stock indexes fared Monday
Stocks closed broadly lower on Wall Street Monday as markets tumbled worldwide on worries about the pandemic’s economic pain. The S&P 500 ended with its fourth-straight loss, though a last-hour rally helped trim its decline by more than half. Industrial, health care and financial stocks accounted for much of the selling. Technology stocks recovered from an early slide to notch a gain.
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Watchdog: Millions in danger of missing virus relief payouts
Watchdog: Millions in danger of missing virus relief payouts
| September 21st | 2020  4:34PM
Watchdog: Millions in danger of missing virus relief payouts
WASHINGTON (AP) — Millions of Americans are in danger of missing coronavirus relief payments of up to $1,200 per individual because of incomplete government records, a government watchdog said in a report issued Monday. The Government Accountability Office, Congress’ auditing arm, said that possibly 8.7 million or more individuals who…
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Nikola, Illumina fall; Cubic, Rent-A-Center rise
Financial markets news icon
| September 21st | 2020  4:28PM
Nikola, Illumina fall; Cubic, Rent-A-Center rise
NEW YORK (AP) — JPMorgan Chase & Co., down $3.04 to $95.31. The bank allegedly continued profiting from illicit dealings with criminal networks despite previous fines, according to a report. Allstate Corp., up 75 cents to $92.03. The insurance company announced an accelerated $750 million stock buyback agreement. Nikola Corp., down $6.61 to $27.58.
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S&P 500 sinks more than 1.5% as markets tumble worldwide
Michael Capolino
| September 21st | 2020  4:07PM
S&P 500 sinks more than 1.5% as markets tumble worldwide
NEW YORK (AP) — Stocks are closing lower on Wall Street Monday as markets tumble worldwide on worries about the pandemic’s economic pain. The S&P 500 fell 1.2%, though a last-hour recovery helped it more than halve its loss from earlier in the day. European stocks slid earlier on the possibility of tougher restrictions to stem rising coronavirus counts.
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Closing prices for crude oil, gold and other commodities
Financial markets news icon
| September 21st | 2020  3:53PM
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for October delivery fell $1.80 to $39.31 a barrel Monday. Brent crude oil for November delivery fell $1.71 to $41.44 a barrel. Wholesale gasoline for October delivery fell 6 cents to $1.18 a gallon. October heating oil fell 5 cents to $1.11 a gallon. October natural gas fell 21 cents to $1.84 per 1,000 cubic feet. Gold for December delivery fell $51.50 to $1,910.60 an ounce.
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Detroit auto show changes dates, moves to September of 2021
Corporate news news icon
| September 21st | 2020  3:19PM
Detroit auto show changes dates, moves to September of 2021
DETROIT (AP) — Detroit's big auto show is changing dates once again. The show will now is scheduled to take place from Sept. 28 through Oct. 9 next year. Organizers had moved the show from January to June in order to take advantage of better weather and outdoor activities, including autonomous vehicle demonstrations. But…
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US delegation visits Kosovo to invest in infrastructure
US delegation visits Kosovo to invest in infrastructure
| September 21st | 2020  3:15PM
US delegation visits Kosovo to invest in infrastructure
PRISTINA, Kosovo (AP) — A high-level delegation from the Untied States visited Kosovo on Monday to discuss how to move ahead with projects signed at a White House meeting between Kosovo and Serbia normalizing economic ties. Officials from the U.S. International Development Finance Corporation (DFC), USAID, EXIM Bank, Departments of Energy…
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Soaring wealth during pandemic highlights rising inequality
Soaring wealth during pandemic highlights rising inequality
| September 21st | 2020  2:56PM
Soaring wealth during pandemic highlights rising inequality
WASHINGTON (AP) — Americans' household wealth rebounded last quarter to a record high as the stock market quickly recovered from a pandemic-induced plunge in March. Yet the gains flowed mainly to the most affluent households even as tens of millions of people endured job losses and shrunken incomes. The Federal Reserve said Monday that American households' net worth jumped nearly 7% in the April-June quarter to $119 trillion.
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Brokerages Expect First of Long Island Corp (NASDAQ:FLIC) Will Post Quarterly Sales of $29.11 Million
Murphy Oil Co. (NYSE:MUR) Expected to Announce Quarterly Sales of $479.66 Million
$62.23 Million in Sales Expected for Heritage Financial Corp (NASDAQ:HFWA) This Quarter
$2.15 Billion in Sales Expected for Alcoa Corp (NYSE:AA) This Quarter
Zacks: Brokerages Anticipate Fifth Third Bancorp (NASDAQ:FITB) Will Announce Quarterly Sales of $1.85 Billion
$180.80 Million in Sales Expected for First Midwest Bancorp Inc (NASDAQ:FMBI) This Quarter
Zacks: Brokerages Expect Heartland Express, Inc. (NASDAQ:HTLD) Will Announce Quarterly Sales of $168.82 Million
Fate Therapeutics Inc (NASDAQ:FATE) Expected to Announce Quarterly Sales of $9.58 Million
Analysts Anticipate Radware Ltd. (NASDAQ:RDWR) Will Post Quarterly Sales of $62.00 Million
$156.55 Million in Sales Expected for First Financial Bancorp (NASDAQ:FFBC) This Quarter
$287.03 Million in Sales Expected for RingCentral Inc (NYSE:RNG) This Quarter
Zacks: Brokerages Anticipate Harmonic Inc (NASDAQ:HLIT) Will Announce Quarterly Sales of $82.53 Million
Pegasystems Inc. (NASDAQ:PEGA) Expected to Announce Quarterly Sales of $250.78 Million
HMS Holdings Corp (NASDAQ:HMSY) Expected to Announce Quarterly Sales of $171.01 Million
$5.55 Billion in Sales Expected for Flex Ltd (NASDAQ:FLEX) This Quarter
$296.33 Million in Sales Expected for Ritchie Bros. Auctioneers Inc (NYSE:RBA) This Quarter
Zacks: Analysts Anticipate Regions Financial Corp (NYSE:RF) Will Announce Quarterly Sales of $1.48 Billion
$5.76 Billion in Sales Expected for Rite Aid Co. (NYSE:RAD) This Quarter
Quanta Services Inc (NYSE:PWR) Expected to Post Quarterly Sales of $3.08 Billion

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Analyst Ratings

CompanyBrokerageAction
Semtech Co. logo
SMTC
Semtech Co.
OppenheimerInitiated Coverage
at $65.00
Tesla Inc logo
TSLA
Tesla Inc
Credit Suisse GroupSet Price Target
$400.00
Ecolab Inc. logo
ECL
Ecolab Inc.
Evercore ISIInitiated Coverage
at Outperform
Linde PLC logo
LIN
Linde PLC
Evercore ISIInitiated Coverage
at Outperform
Air Products & Chemicals, Inc. logo
APD
Air Products & Chemicals, Inc.
Evercore ISIInitiated Coverage
at Outperform
Celanese Co. logo
CE
Celanese Co.
Evercore ISIInitiated Coverage
at Outperform
LyondellBasell Industries NV logo
LYB
LyondellBasell Industries NV
Evercore ISIInitiated Coverage
at Outperform
Primo Water Co. logo
PRMW
Primo Water Co.
Raymond JamesInitiated Coverage
at Outperform
PNM Resources Inc logo
PNM
PNM Resources Inc
SidotiInitiated Coverage
at Buy
Illumina, Inc. logo
ILMN
Illumina, Inc.
JPMorgan Chase & Co.Downgrade
to Neutral
Yamana Gold Inc. logo
AUY
Yamana Gold Inc.
CSFBSet Price Target
$7.25
Methanex Co. logo
MEOH
Methanex Co.
Raymond JamesSet Price Target
$30.00
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