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Iraqi military: 3 rockets target US oil company in south
Energy industry news icon
| April 6th | 2020  5:49AM
Iraqi military: 3 rockets target US oil company in south
BAGHDAD (AP) — At least three rockets hit near the site of an American oil field service company in southern Iraq early on Monday, Iraq's military said, the first such attack in recent months to target U.S. energy interests in Iraq. The rockets targeted the site of Halliburton in the Burjesia area in the oil-rich Basra province, the military statement said.
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Shares rebound on signs of progress in battling virus
Shares rebound on signs of progress in battling virus
| April 6th | 2020  5:02AM
Shares rebound on signs of progress in battling virus
BANGKOK (AP) — World shares rose Monday as investors gleaned hope from signs that the battle against the coronavirus pandemic may be making some progress in some hard-hit areas. Benchmarks were up about 3% in Paris and Frankfurt and Tokyo jumped more than 4%. Oil prices fell back after reports said a meeting between OPEC and Russia reportedly has been delayed until April 9.
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Dubai's Emaar sells 80% stake in cooling system for $675M
Dubai's Emaar sells 80% stake in cooling system for $675M
| April 6th | 2020  3:30AM
Dubai's Emaar sells 80% stake in cooling system for $675M
DUBAI, United Arab Emirates (AP) — Dubai's state-backed developer Emaar said on Monday it sold an 80% share of its district cooling project around the Burj Khalifa, the world's tallest building, for $675 million as the city-state's property market suffers from the new coronavirus pandemic. The sale to Tabreed, also known as the National Central Cooling Co., had been rumored for months amid the property market slowdown.
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This Week: Debt tally, PriceSmart earns, consumer sentiment
Leading economic indicators news icon
| April 6th | 2020  1:10AM
This Week: Debt tally, PriceSmart earns, consumer sentiment
A look at some of the key business events and economic indicators upcoming this week: JUST CHARGE IT The Federal Reserve issues its February snapshot of U.S. consumer borrowing Tuesday. The tally, which excludes mortgages and other loans secured by real estate, is expected to show consumer borrowing increased by $15.6 billion, up from a gain of $12 billion the previous month.
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Chaos and scrambling in the US oil patch as prices plummet
Chaos and scrambling in the US oil patch as prices plummet
| April 6th | 2020  12:06AM
Chaos and scrambling in the US oil patch as prices plummet
NEW YORK (AP) — In Montana, a father and son running a small oil business are cutting their salaries in half. In New Mexico, an oil truck driver who supports his family just went a week without pay. And in Alaska, lawmakers have had to dip into the state's savings as oil revenue dries up. The global economic crisis caused by the coronavirus…
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Shares rebound on glimmers of progress in battling virus
Stock markets news icon
| April 5th | 2020  11:57PM
Shares rebound on glimmers of progress in battling virus
BANGKOK (AP) — Asian shares and U.S. futures rebounded on Monday as investors grasped at threads of hope that the battle against the coronavirus pandemic may be making some progress in some hard-hit areas. Markets in Tokyo, Seoul and Sydney gained more than 2% in early trading and Hong Kong was up nearly 1%. New York futures were about 3% higher.
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The Latest: UN Secretary-General: Domestic violence on rise
Economy news icon
| April 5th | 2020  9:39PM
The Latest: UN Secretary-General: Domestic violence on rise
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — UN Secretary-General says domestic violence reports on rise during pandemic …
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Mexico: More social spending, no business bailout for virus
Mexico: More social spending, no business bailout for virus
| April 5th | 2020  8:12PM
Mexico: More social spending, no business bailout for virus
MEXICO CITY (AP) — Mexican President Andrés Manuel López Obrador said Sunday there will be no huge economic stimulus program as the country faces the threat of coronavirus-induced crisis almost certainly unlike any it has seen in the past century. Instead, the administration will expand social programs, continue to prop up the heavily…
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Mexico: More social spending, no big business bailout
Mexico: More social spending, no big business bailout
| April 5th | 2020  7:43PM
Mexico: More social spending, no big business bailout
MEXICO CITY (AP) — Mexican President Andrés Manuel López Obrador said Sunday there will be no huge economic stimulus program as the country faces the threat of coronavirus-induced crisis almost certainly unlike any it has seen in the past century. Instead, the administration will expand his signature social programs, continue to prop…
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Boeing to continue production shutdown due to coronavirus
Boeing to continue production shutdown due to coronavirus
| April 5th | 2020  6:27PM
Boeing to continue production shutdown due to coronavirus
SEATTLE (AP) — Boeing said Sunday it will continue its shutdown of production indefinitely at its Seattle area facilities due to the spread of the coronavirus. The company in an email to Washington employees said it is extending the planned two-week shutdown rather than reopening Wednesday. The decision affects about 30,000 of Boeing’s…
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The Latest: Louisiana reports 68 coronavirus-related deaths
Social affairs news icon
| April 5th | 2020  4:09PM
The Latest: Louisiana reports 68 coronavirus-related deaths
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Louisiana health officials: 68 coronavirus-related deaths …
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The Latest: Fauci: Coronavirus could become seasonal
Government policy news icon
| April 5th | 2020  2:18PM
The Latest: Fauci: Coronavirus could become seasonal
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Fauci: Very good chance coronavirus “will assume a seasonal nature.” …
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No COVID-19 testing at home yet but quicker options coming
No COVID-19 testing at home yet but quicker options coming
| April 5th | 2020  10:45AM
No COVID-19 testing at home yet but quicker options coming
WASHINGTON (AP) — Home testing for the new coronavirus may sound like a good idea, but U.S. regulators say it's still too risky. They've stopped companies that quickly launched home-testing kits until they can show their products can accurately detect the virus. For now, the only way Americans can get tested is at hospitals,…
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Insider Q&A: 'Everyone will suffer' from US-China spat
Insider Q&A: 'Everyone will suffer' from US-China spat
| April 5th | 2020  10:30AM
Insider Q&A: 'Everyone will suffer' from US-China spat
WASHINGTON (AP) — Two months ago, the United States and China signed an interim “Phase 1'' trade deal, signaling a cease-fire in the trade war between the world's two biggest economies. China agreed to import much more U.S. farm, energy and other products. But the coronavirus changed everything. China expelled reporters from The Wall…
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Seafood industry struggling to stay afloat amid outbreak
Seafood industry struggling to stay afloat amid outbreak
| April 5th | 2020  10:05AM
Seafood industry struggling to stay afloat amid outbreak
PORTLAND, Maine (AP) — The seafood industry has been upended by the spread of the coronavirus, which has halted sales in restaurants and sent fishermen and dealers scrambling for new markets. Seafood is a global industry that relies on a complex network of fishermen, processors, buyers and distributors, all of which have been affected by the virus.
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How Monster Beverage (MNST) Stock Can Energize Your Portfolio
News Icon
| April 3rd | 2020  1:00AM
How Monster Beverage (MNST) Stock Can Energize Your Portfolio
Shares of energy drink producer Monster Beverage Corporation (NASDAQ: MNST) were on the verge of breaking out of a two-year price range peaking at $70.45 on Feb. 20th before COVID-19 infected the financial markets. Shares collapsed (-29%) slightly outperforming the S&P 500 (NYSEARCA: SPY) decline of (-35%) as systemic risk took front stage amid the coronavirus black swan event.
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Buy Chewy Inc. (CHWY) Stock Because It Won’t Stay Down
News Icon
| April 3rd | 2020  1:00AM
Buy Chewy Inc. (CHWY) Stock Because It Won’t Stay Down
Online pet care supplier Chewy, Inc. (NASDAQ: CHWY) shares have been resilient throughout the coronavirus pandemic market sell-off of 2020. Shares actually hit all-time highs at the $39.63 Fibonacci (fib) level on March 30, 2020. The S&P 500 (NYSEARCA: SPY) plunged (-35%) at the lows of the panic in mid-March. Online commerce has seen unprecedented activity due to social distancing initiatives and mandatory stay at home lockdowns.
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Disney Upgraded, It’s Time To Buy This Dip
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| April 3rd | 2020  1:00AM
Disney Upgraded, It’s Time To Buy This Dip
Way Too Much Selling, Not Enough Thinking An upgrade for Disney (DIS) from Atlantic Equities is shining the light on a great value investment; The Disney Company. The firm acknowledges Disney will take a hit from the virus but says the selling is overblown. At current levels, even with the expected impact on revenue, Disney is a buy. They set their…
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Sources: Neiman Marcus Moves to Launch Bankruptcy Protections
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| April 3rd | 2020  1:00AM
Sources: Neiman Marcus Moves to Launch Bankruptcy Protections
The retail sector had been kind of wobbly even before the coronavirus hit, turning the retail market into pretty much an online-only affair except for a bare handful of exceptions. That's done a number on a range of retailers, especially those whose business was focused on physical foot-traffic, like mall-centered retail. One more casualty of this…
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Analyst Ratings

CompanyBrokerageAction
Floor & Decor Holdings Inc logo
FND
Floor & Decor Holdings Inc
Stifel NicolausLower Price Target
$55.00 ➝ $30.00
Methanex Co. logo
MEOH
Methanex Co.
Raymond JamesSet Price Target
$22.00
Euronet Worldwide, Inc. logo
EEFT
Euronet Worldwide, Inc.
Northland SecuritiesInitiated Coverage
at $125.00
Under Armour Inc logo
UA
Under Armour Inc
B. RileyUpgrade
to Hold
Rio Tinto plc ADR logo
RIO
Rio Tinto plc ADR
Goldman Sachs GroupInitiated Coverage
at Buy
North American Construction Group Ltd logo
NOA
North American Construction Group Ltd
Raymond JamesDowngrade
to Hold
Uber Technologies Inc logo
UBER
Uber Technologies Inc
Goldman Sachs GroupLower Price Target
$49.00 ➝ $41.00
BHP Group Ltd logo
BHP
BHP Group Ltd
Goldman Sachs GroupInitiated Coverage
at Buy
Barnes Group Inc. logo
B
Barnes Group Inc.
Wells Fargo & CoBoost Price Target
$31.00 ➝ $32.00
Ford Motor logo
F
Ford Motor
Wolfe ResearchDowngrade
to Peer Perform
CenterPoint Energy, Inc. logo
CNP
CenterPoint Energy, Inc.
Wolfe ResearchUpgrade
to Outperform
Autoliv Inc. logo
ALV
Autoliv Inc.
Wolfe ResearchUpgrade
to Outperform
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