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UK economy in recession after 20.4% second quarter slump
UK economy in recession after 20.4% second quarter slump
| August 12th | 2020  4:00AM
UK economy in recession after 20.4% second quarter slump
LONDON (AP) — The British economy has fallen into recession after official figures Wednesday showed it contracting by a record 20.4% in the second quarter as a result of lockdown measures put in place to counter the coronavirus pandemic. The slump recorded by the Office for National Statistics follows a 2.2% quarter-on-quarter contraction in the first three months of the year.
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UK economy officially in recession after 20.4% Q2 slump
UK economy officially in recession after 20.4% Q2 slump
| August 12th | 2020  3:13AM
UK economy officially in recession after 20.4% Q2 slump
LONDON (AP) — The British economy has fallen into recession after official figures Wednesday showed it contracting by a record 20.4% in the second quarter as a result of lockdown measures put in place to counter the coronavirus pandemic. The slump recorded by the Office for National Statistics follows a 2.2% quarter-on-quarter contraction in the first three months of the year.
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Shares mostly lower in Asia after retreat on Wall Street
Shares mostly lower in Asia after retreat on Wall Street
| August 12th | 2020  1:50AM
Shares mostly lower in Asia after retreat on Wall Street
Shares were mostly lower in Asia on Wednesday after Wall Street pumped the brakes on its recent rally. Tokyo’s Nikkei 225 index edged higher, while the Shanghai Composite sank 1.6%. Overnight, a late slide in big technology companies left indexes broadly lower, breaking a seven-day winning streak for the S&P 500. A discouraging lack of progress on talks over more economic aid for the U.S.
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Companies test antibody drugs to treat, prevent COVID-19
Companies test antibody drugs to treat, prevent COVID-19
| August 12th | 2020  1:09AM
Companies test antibody drugs to treat, prevent COVID-19
With a coronavirus vaccine still months off, companies are rushing to test what may be the next best thing: drugs that deliver antibodies to fight the virus right away, without having to train the immune system to make them. Antibodies are proteins the body makes when an infection occurs; they attach to a virus and help it be eliminated.
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Appeals court tosses antitrust ruling against Qualcomm
Appeals court tosses antitrust ruling against Qualcomm
| August 11th | 2020  9:22PM
Appeals court tosses antitrust ruling against Qualcomm
SAN FRANCISCO (AP) — A federal appeals court has overturned an antitrust ruling against Qualcomm, dismissing arguments that it unlawfully squeezed out cellphone chip rivals and charged excessive royalties to manufacturers such as Apple. The 3-judge panel unanimously sided with the San Diego chipmaker in tossing out a district court's earlier ruling on a lawsuit brought by the U.S.
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Tesla boosts turbocharged stock with plan for 5-for-1 split
2020 tesla model x, r m
| August 11th | 2020  7:42PM
Tesla boosts turbocharged stock with plan for 5-for-1 split
SAN RAMON, Calif. (AP) — Tesla will split its stock for the first time in its history so more investors can afford to buy a stake in the electric car pioneer following a meteoric rise in its market value. The five-for-one stock split announced Tuesday won't change how much Tesla's business is worth, but will automatically reduce the price of its shares by 80% when it's completed on Aug.
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Rising star in Detroit departs suddenly for Silicon Valley
Dhivya Suryadevara
| August 11th | 2020  6:36PM
Rising star in Detroit departs suddenly for Silicon Valley
SILVER SPRING, Md. (AP) — The chief financial officer at General Motors, Dhivya Suryadevara, is trading Detroit for Silicon Valley in a surprise departure to join the payments startup Stripe. A rising star in the auto sector, Suryadevara became GM's first female CFO in 2018 at the age of 39, and quickly became a trusted voice for Mary Barra, the first woman to head a major U.S.
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Buy Pinterest Stock Even At All Time Highs
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| August 11th | 2020  6:15AM
Buy Pinterest Stock Even At All Time Highs
Like many other tech companies that fall into the internet / social media/e-commerce industry buckets, Pinterest (NYSE: PINS) has done well out of the coronavirus. It wasn’t always like this though and the company had a shaky start. They only IPO’d in April of last year but by March of this year, shares were already down 70% from their…
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Micron Technology (NASDAQ: MU) a Lagging Buy in the Semiconductor Group
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| August 11th | 2020  6:00AM
Micron Technology (NASDAQ: MU) a Lagging Buy in the Semiconductor Group
Memory and storage semiconductor maker Micron Technology (NYSE: MU) shares haven’t been participating with the benchmark S&P 500 index (NYSEARCA: SPY) recovery nor the recent rise in the chip stocks tracked by the Market Vectors Semiconductors ETF (NASDAQ: SMH). The momentum was broken by the negative earnings reaction and subsequent analyst downgrade on shares of storage sector peer Western Digital (NYSE: WDC).
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3 Transportation Stocks to Buy That Are On the Move
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| August 11th | 2020  5:00AM
3 Transportation Stocks to Buy That Are On the Move
Things are constantly changing in the stock market, including which sectors are showing relative strength and helping the market tick upwards. While technology stocks have been roaring up higher for months, new economic data such as falling jobless claims and a slowdown in the number of COVID-19 cases in many states are adding optimism to the areas of the market that have been lagging behind.
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Wynn Working Hard To Get Back To Winning Ways
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| August 11th | 2020  1:00AM
Wynn Working Hard To Get Back To Winning Ways
News of a coronavirus vaccine from Russia this morning was enough to send the S&P 500 index to all-time highs in pre-market trading and Wynn Resorts (NASDAQ: WYNN) up more than 4%. Shares of the high-end hotel and casino company have had a strong start to August and this looks set to continue. They closed Monday’s session up 10% and will be up more than 20% on the month if today’s strength continues.
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Nautilus (NYSE: NLS) Set to Surge On Impressive Q2 Revenue
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| August 11th | 2020  1:00AM
Nautilus (NYSE: NLS) Set to Surge On Impressive Q2 Revenue
Nautilus (NYSE: NLS) shares are set to open more than 11% higher after its Q2 earnings release blew away expectations. The home fitness equipment maker reported $114.2 million in revenue, up 94% yoy. When Nautilus released its Q1 2020 numbers, it raised its Q2 revenue guidance to $94 million. Even that number was well above consensus estimates of a little under $70 million.
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Canada Goose (NYSE:GOOS) Down On Earnings, But The Time To Buy Is Now
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| August 11th | 2020  1:00AM
Canada Goose (NYSE:GOOS) Down On Earnings, But The Time To Buy Is Now
It Was A Bad Quarter, But That Was Expected Canada Goose (NYSE:GOOS) did not report a great quarter, but that was expected. The company saw its revenue fall -63.3% from the previous year as demand for high-end, luxury outerwear virtually dried up. The salient point for investors is that, although demand dried up, results were much better than expected.
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It’s Time To Buy Haverty Furniture Companies (NYSE:HVT)
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| August 11th | 2020  1:00AM
It’s Time To Buy Haverty Furniture Companies (NYSE:HVT)
Haverty Furniture Companies Is Emerging Stronger Than Before Haverty Furniture Companies (NYSE:HVT) has been on my perma-watchlist for the last couple of years because of two things. The first was its outlook for growth, the second was its position as a dividend-payer with high probability for future dividend increases. Admittedly, that thesis didn’t play out quite like I thought it would because of two things.
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Tempted by Inovio Pharmaceuticals (NASDAQ:INO)?
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| August 11th | 2020  1:00AM
Tempted by Inovio Pharmaceuticals (NASDAQ:INO)?
It would be easy to be tempted by Inovio Pharmaceuticals (NASDAQ:INO) , a little biotech company out of Pennsylvania that's part of the seemingly endless fray to produce a coronavirus vaccine. Some of the newest reports out of the company even suggest that it's close. As good as that news may be, there's a lot else weighing on Inovio Pharmaceuticals…
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L Brands (NYSE: LB) News Alters Its Outlook: Chart Offering Entry Point
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| August 11th | 2020  1:00AM
L Brands (NYSE: LB) News Alters Its Outlook: Chart Offering Entry Point
L Brands (NYSE: LB) stock surged more than 35% on July 29 on news that the company will resume efforts to spin off Victoria’s Secret. In the announcement, LB added that: It would cut headcount at its corporate headquarters by 15%. The company is trying to reverse overseas operating losses through lease negotiations and other tactics. In…
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Sysco Corporation (NYSE:SYY), Up But Still Not A Buy
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| August 11th | 2020  1:00AM
Sysco Corporation (NYSE:SYY), Up But Still Not A Buy
Sysco Corporation Is Not Exactly Pandemic Proof When it comes to the best sectors for today’s investors the food-services and restaurant sector does not spring to mind. If anything, F&B and the companies that supply them are going to be under pressure for quite some time. Even with a vaccine, it will be years before the public is comfortable going out like it was before the pandemic struck.
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Medical Marijuana Makes Tilray a Buy-on-the-Dip Pot Stock
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| August 11th | 2020  1:00AM
Medical Marijuana Makes Tilray a Buy-on-the-Dip Pot Stock
Shares of Tilray (NASDAQ:TLRY) stock are likely to start trading sharply lower after an earnings report that showed continued weakness in cannabis demand. Prior to the market open, TLRY stock is down over 10%. That puts its yearly decline at nearly 56% for the year. The S&P 500 Index, SPX, is up nearly 5%. For the quarter ending on June 30, 2020,…
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Park Hotels and Resorts (NYSE: PK) Stock is a Pre-Vaccine Value Play
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| August 11th | 2020  1:00AM
Park Hotels and Resorts (NYSE: PK) Stock is a Pre-Vaccine Value Play
The nation’s second-largest domestic lodging real estate investment trust (REIT) Park Hotels and Resorts (NYSE: PK) shares have been severely depressed. The stock collapsed with the benchmark S&P 500 index (NYSEARCA: SPY)but has failed to rally back to pre-pandemic levels. The REIT owns 60 high-end domestic hotel properties placing it in the COVID-19 epicenter industry stock group.
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Cerus Co. (NASDAQ:CERS) Insider Sells $167,000.47 in Stock
Insider Buying: Del Taco Restaurants Inc (NASDAQ:TACO) Director Buys 23,760 Shares of Stock
Wallace E. Jr. Boston Sells 10,000 Shares of American Public Education, Inc. (NASDAQ:APEI) Stock
Insider Selling: Trupanion Inc (NASDAQ:TRUP) CRO Sells 5,200 Shares of Stock
Ares Management Corp (NYSE:ARES) General Counsel Sells $356,336.32 in Stock
Fortive Corp (NYSE:FTV) SVP William W. Pringle Sells 5,000 Shares
Orsula V. Knowlton Sells 8,000 Shares of Tabula Rasa HealthCare Inc (NASDAQ:TRHC) Stock
Arista Networks Inc (NYSE:ANET) Director Sells $388,561.00 in Stock
Mueller Water Products, Inc. (NYSE:MWA) CFO Sells $395,454.15 in Stock
U.S. Physical Therapy, Inc. (NYSE:USPH) CFO Lawrance W. Mcafee Sells 4,450 Shares
Gordon Sheridan Stephenson Sells 5,071 Shares of Zillow Group Inc (NASDAQ:Z) Stock
Expeditors International of Washington (NASDAQ:EXPD) VP Christopher J. Mcclincy Sells 6,007 Shares
New York Times Co (NYSE:NYT) CFO Sells $540,212.40 in Stock
Fortinet Inc (NASDAQ:FTNT) VP Sells $562,406.46 in Stock
Insider Selling: SolarWinds Corp (NYSE:SWI) EVP Sells 30,004 Shares of Stock
Insider Selling: ServiceNow Inc (NYSE:NOW) Director Sells 1,500 Shares of Stock
ASGN Inc (NYSE:ASGN) Insider Randolph C. Blazer Sells 10,000 Shares
Walter Villiger Sells 50,000 Shares of BioLife Solutions Inc (NASDAQ:BLFS) Stock
TTEC Holdings Inc (NASDAQ:TTEC) EVP Martin F. Deghetto Sells 20,000 Shares

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Sector Performance

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Popular Stocks

CompanyCurrent PricePrice Change
Apple Inc. logo
AAPL
Apple Inc.
$437.50-2.97%
Microsoft Co. logo
MSFT
Microsoft Co.
$203.38-2.34%
Facebook, Inc. logo
FB
Facebook, Inc.
$256.13-2.61%
Alphabet Inc logo
GOOGL
Alphabet Inc
$1,480.54-1.09%
Amazon.com, Inc. logo
AMZN
Amazon.com, Inc.
$3,080.67-2.14%
NVIDIA Co. logo
NVDA
NVIDIA Co.
$434.00-2.82%
Canopy Growth Corp logo
CGC
Canopy Growth Corp
$16.95-5.47%
Alibaba Group Holding Ltd logo
BABA
Alibaba Group Holding Ltd
$248.420.12%
Tesla Inc logo
TSLA
Tesla Inc
$1,374.39-3.11%
General Electric logo
GE
General Electric
$6.730.90%
Micron Technology, Inc. logo
MU
Micron Technology, Inc.
$47.76-2.83%
Advanced Micro Devices, Inc. logo
AMD
Advanced Micro Devices, Inc.
$76.88-6.52%
AT&T Inc. logo
T
AT&T Inc.
$30.20-0.03%
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Analyst Ratings

CompanyBrokerageAction
Akebia Therapeutics Inc logo
AKBA
Akebia Therapeutics Inc
Needham & Company LLCInitiated Coverage
at $18.00
Enphase Energy Inc logo
ENPH
Enphase Energy Inc
OppenheimerInitiated Coverage
at $77.00
Revance Therapeutics Inc logo
RVNC
Revance Therapeutics Inc
MizuhoInitiated Coverage
at $32.00
RingCentral Inc logo
RNG
RingCentral Inc
Needham & Company LLCInitiated Coverage
at $340.00
American Tower Corp logo
AMT
American Tower Corp
OppenheimerInitiated Coverage
at $290.00
Zendesk Inc logo
ZEN
Zendesk Inc
OppenheimerInitiated Coverage
at $113.00
FireEye Inc logo
FEYE
FireEye Inc
OppenheimerInitiated Coverage
at $18.00
Fortinet Inc logo
FTNT
Fortinet Inc
OppenheimerInitiated Coverage
at $160.00
Itron, Inc. logo
ITRI
Itron, Inc.
OppenheimerInitiated Coverage
at $75.00
Blackline Inc logo
BL
Blackline Inc
OppenheimerInitiated Coverage
at $95.00
Radware Ltd. logo
RDWR
Radware Ltd.
OppenheimerInitiated Coverage
at $27.00
Alpine Immune Sciences Inc logo
ALPN
Alpine Immune Sciences Inc
Piper SandlerLower Price Target
$21.00 ➝ $18.00
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