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Small businesses worldwide fight for survival amid pandemic
Small businesses worldwide fight for survival amid pandemic
| July 14th | 2020  3:55AM
Small businesses worldwide fight for survival amid pandemic
Hour after hour in the dark, Chander Shekhar’s mind raced ahead to morning. More than three months had dragged by since the coronavirus forced Shekhar to shut down his business — a narrow, second-floor shop racked with vibrantly colored saris, on a block in New York’s Jackson Heights neighborhood once thronged with South Asian immigrant shoppers.
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UK economic bounceback in May far slower than anticipated
Consumer products and services news icon
| July 14th | 2020  3:41AM
UK economic bounceback in May far slower than anticipated
LONDON (AP) — The British economy grew by far less than anticipated during May, dampening hopes that the recovery from what is set to be one of the country's deepest recessions in centuries will be rapid. The Office for National Statistics said Tuesday that the economy grew by 1.8% in May from the previous month after some easing of the lockdown, such as encouraging those in construction or manufacturing to return to work.
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UK reportedly poised to backtrack on Huawei inclusion in 5G
Economy news icon
| July 14th | 2020  3:36AM
UK reportedly poised to backtrack on Huawei inclusion in 5G
LONDON (AP) — The British government is reportedly poised to backtrack on plans to give Chinese telecommunications giant Huawei a limited role in the U.K.‘s new high-speed mobile phone network, a decision with broad implications for relations between the two countries. Britain’s decision to re-examine the question, the results of which will be announced Tuesday, came after the U.S.
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Widow of ex-Korean Air boss convicted of assaulting workers
Lee Myung-hee
| July 14th | 2020  2:59AM
Widow of ex-Korean Air boss convicted of assaulting workers
SEOUL, South Korea (AP) — The widow of the former Korean Air chairman received a suspended prison sentence Tuesday for assault and other abuses of her chauffeur, security guard and other employees in a case that extended a bizarre legal saga surrounding the company’s founding family. The Seoul Central District Court found the 70-year-old…
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Asia shares drop on jitters over virus, China-US friction
Asia shares drop on jitters over virus, China-US friction
| July 14th | 2020  2:46AM
Asia shares drop on jitters over virus, China-US friction
TOKYO (AP) — Shares fell in Asia on Tuesday as skepticism set in about the recent upward momentum in global markets given rising confirmed coronavirus cases and percolating tensions between the U.S. and China. The White House’s decision to reject nearly all Chinese maritime claims in the South China Sea added to investor jitters. The…
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UK economy around a quarter smaller than before pandemic
Economy news icon
| July 14th | 2020  2:34AM
UK economy around a quarter smaller than before pandemic
LONDON (AP) — Official figures show that the British economy managed to eke out some growth in May as lockdown restrictions started to be eased, but that it remains around a quarter smaller than before the coronavirus pandemic. The Office for National Statistics said Tuesday that the economy grew by 1.8% in May from the previous month.
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China's trade rises as economy recovers from virus slump
China's trade rises as economy recovers from virus slump
| July 14th | 2020  2:20AM
China's trade rises as economy recovers from virus slump
BEIJING (AP) — China’s trade improved in June in a fresh sign the world’s second-largest economy is recovering from the coronavirus pandemic. But its exporters face threats including tension with Washington and a possible downturn in U.S. and European demand. Chinese imports rose 3% over a year earlier to $167.2 billion, rebounding from May’s 3.3% decline, customs data showed Tuesday.
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Indian leader's virus fund won't disclose donors, payments
Narendra Modi
| July 14th | 2020  12:22AM
Indian leader's virus fund won't disclose donors, payments
NEW DELHI (AP) — Bejon Misra responded quickly to Indian Prime Minister Narendra Modi’s appeal in March for donations to a new fund to strengthen the country's fight against the coronavirus. The next day, the 69-year-old retired management professor made a donation. “It was a generous contribution because Modi is the face…
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China's trade rises as economy recovers from virus downturn
Financial markets news icon
| July 14th | 2020  12:18AM
China's trade rises as economy recovers from virus downturn
BEIJING (AP) — China’s imports of U.S. goods rose 10.6% in June over a year earlier and its global trade also increased in a fresh sign the world’s second-largest economy is gradually recovering from the coronavirus pandemic. China’s global imports rose 3% to $167.2 billion, while exports edged up 0.4% to $213.6 billion, customs data showed Tuesday.
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White House campaign urges jobless to 'find something new'
Donald Trump
| July 14th | 2020  12:07AM
White House campaign urges jobless to 'find something new'
WASHINGTON (AP) — A new White House-backed ad campaign aims to encourage people who are unemployed or unhappy in their jobs or careers to go out and “find something new.” The opening ad in the “Find Something New” campaign beginning Tuesday features ordinary people sharing their stories. A companion website provides links to training and other resources.
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Small businesses around the world struggle to survive
Government business and finance news icon
| July 14th | 2020  12:03AM
Small businesses around the world struggle to survive
Hour after hour in the dark, Chander Shekhar’s mind raced ahead to morning. More than three months had dragged by since the coronavirus forced Shekhar to shut down his business — a narrow, second-floor shop racked with vibrantly colored saris, on a block in New York’s Jackson Heights neighborhood once thronged with South Asian immigrant shoppers.
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The Latest: Hawaii to wait to waive quarantine requirement
The Latest: Hawaii to wait to waive quarantine requirement
| July 13th | 2020  11:22PM
The Latest: Hawaii to wait to waive quarantine requirement
HONOLULU — Hawaii’s governor says he will wait another month to waive a 14-day quarantine requirement for out-of-state travelers who test negative for COVID-19, citing an increasing number of cases locally, “uncontrolled” outbreaks in several U.S. mainland states and a shortage of testing supplies. The testing plan, as announced last month, was scheduled to take effect on Aug.
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The Container Store (NYSE: TCS) Stock Building Steam for a Larger Rally
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| July 13th | 2020  1:00AM
The Container Store (NYSE: TCS) Stock Building Steam for a Larger Rally
Storage products retailer The Container Store (NYSE: TCS) shares have languished throughout 2020 falling with the benchmark S&P 500 index (NYSEARCA: SPY) but not participating in the rally back to -pre-COVID levels until recently. The market is questioning whether TCS is a pandemic benefactor due to its 93 brick and mortar stores but is reconsidering the utility of products during lockdowns and the efficiency of their online commerce.
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CubeSmart (NYSE: CUBE) Offers Excellent Value and Yield
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| July 13th | 2020  1:00AM
CubeSmart (NYSE: CUBE) Offers Excellent Value and Yield
CubeSmart (NYSE: CUBE), a self-administered and self-managed REIT, provides its customers with storage space. While this is far from the sexiest industry, CUBE shares offer excellent value and yield at current levels. Like many companies, CubeSmart has been forced to alter its operations to adjust to the “new-normal” environment. But a…
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Disney Stock (NYSE: DIS) Rallies Into Park Reopening
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| July 13th | 2020  1:00AM
Disney Stock (NYSE: DIS) Rallies Into Park Reopening
It’s been touch and go for several weeks but on Saturday, The Walt Disney Company (NYSE: DIS) officially reopened its Walt Disney World theme park in Orlando after months of coronavirus driven closure. Even though the number of guests allowed in was limited and tightly controlled, there are still many who thought the move was a little premature…
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Alibaba Aims for 1 Billion Consumers As Stock Hits All-Time Highs
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| July 13th | 2020  1:00AM
Alibaba Aims for 1 Billion Consumers As Stock Hits All-Time Highs
With more than a 50% rally from the lows of March through last week, few on Wall Street are bearish when it                                                                      …
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Guidance Lifts Pepsico, Double-Digit Gains Are Still In Sight
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| July 13th | 2020  1:00AM
Guidance Lifts Pepsico, Double-Digit Gains Are Still In Sight
Pepsico Was Already A Buy Pepsico (NASDAQ: PEP) was a buy long before it released calendar 2nd quarter earnings. The company is the second-largest soft drink brand on the planet and a well-diversified, dividend-paying consumer staple. When it comes to the dividend, Pepsico’s pedigree bears the hallmarks of royalty. With 48 years of consecutive…
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There’s Another 20% Still In Store For Big Tech
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| July 13th | 2020  1:00AM
There’s Another 20% Still In Store For Big Tech
Wedbush Doubles-Down On Secular Tech Winners Last week, in a letter to shareholders, Wedbush doubled-down on big-tech names calling for another 20% to 30% upside for secular winners. The analysts say Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) will be the biggest winners during the next phase of the market but they are not the only ones well-positioned…
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Pfizer (PFE) Looks Like a Buy as Vaccine Chances Surge
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| July 13th | 2020  1:00AM
Pfizer (PFE) Looks Like a Buy as Vaccine Chances Surge
There's little doubt that in the pharmaceutical market right now, the biggest prize of all is a coronavirus vaccine. Companies throughout the market are jockeying frantically for position, each one desperate to gain that first-mover advantage of being the first company with a potential way to halt the disease and get the world back to some kind of normal.
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Kadmon (NYSE:KDMN) Cut to Hold at Zacks Investment Research
Irhythm Technologies (NASDAQ:IRTC) Lowered to Sell at Zacks Investment Research
ING Groep (NYSE:ING) Rating Increased to Buy at Zacks Investment Research
Legal & General Group (LON:LGEN) Price Target Increased to GBX 202 by Analysts at JPMorgan Chase & Co.
Polymetal International (LON:POLY) Receives "Outperform" Rating from Royal Bank of Canada
John Wood Group (LON:WG) Price Target Cut to GBX 400 by Analysts at JPMorgan Chase & Co.
Sealed Air (NYSE:SEE) Research Coverage Started at Jefferies Financial Group
TEGNA (NYSE:TGNA) Receives "Buy" Rating from Barrington Research
Molson Coors Brewing (NYSE:TAP) Earns Sell Rating from Analysts at Credit Suisse Group
Sanford C. Bernstein Reaffirms Buy Rating for Intuitive Surgical (NASDAQ:ISRG)
Sportsman's Warehouse (NASDAQ:SPWH) Given "Buy" Rating at William Blair
PerkinElmer (NYSE:PKI) Now Covered by Analysts at Needham & Company LLC
Grand Canyon Education's (LOPE) Buy Rating Reaffirmed at Barrington Research
Hudson Pacific Properties (NYSE:HPP) Given Buy Rating at Piper Sandler
Hewlett Packard Enterprise (NYSE:HPE) Given Hold Rating at Susquehanna Bancshares
Netflix's (NFLX) "Buy" Rating Reiterated at Bank of America
Alphabet (NASDAQ:GOOGL) Upgraded by Jefferies Financial Group to Buy
Arrow Electronics (NYSE:ARW) Receives Buy Rating from Citigroup
Maxim Integrated Products (NASDAQ:MXIM) Upgraded by Barclays to "Hold"

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Analyst Ratings

CompanyBrokerageAction
Sealed Air Corp logo
SEE
Sealed Air Corp
Jefferies Financial GroupInitiated Coverage
at $39.00
Molson Coors Brewing Co logo
TAP
Molson Coors Brewing Co
Credit Suisse GroupInitiated Coverage
at $31.00
PerkinElmer, Inc. logo
PKI
PerkinElmer, Inc.
Needham & Company LLCInitiated Coverage
at Hold
Celsion Co. logo
CLSN
Celsion Co.
Dawson JamesDowngrade
to Hold
Alphabet Inc logo
GOOGL
Alphabet Inc
Jefferies Financial GroupUpgrade
to Buy
Maxim Integrated Products Inc. logo
MXIM
Maxim Integrated Products Inc.
BarclaysUpgrade
to Hold
Edwards Lifesciences Corp logo
EW
Edwards Lifesciences Corp
OppenheimerInitiated Coverage
at $93.00
Stantec Inc. logo
STN
Stantec Inc.
Royal Bank of CanadaInitiated Coverage
at $46.00
Cavco Industries, Inc. logo
CVCO
Cavco Industries, Inc.
WedbushInitiated Coverage
at $195.00
Apache Co. logo
APA
Apache Co.
ScotiabankBoost Price Target
$12.00 ➝ $14.00
Chevron Co. logo
CVX
Chevron Co.
ScotiabankBoost Price Target
$90.00 ➝ $95.00
ConocoPhillips logo
COP
ConocoPhillips
ScotiabankLower Price Target
$50.00 ➝ $45.00
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