In this article HLT 9984.T-JP DIDI YUM Hilton Worldwide Holdings Inc. signage is displayed outside one of the company’s hotel locations in San Francisco. David Paul Morris | Bloobmerg | Getty Images Check out the companies making headlines in midday trading. Zoom Video — Shares of the teleconferencing company jumped nearly 5.5% after KeyBanc upgraded
Month: July 2021
Saving for retirement involves more than just putting money into a 401(k) account and hoping for the best. Using strategies that maximize savings and minimize taxes should help you achieve the retirement lifestyle you want and deserve. Your nest egg consists of the money you set aside for retirement, along with investment earnings generated by
Biotechnology company Cassava Sciences (NASDAQ:SAVA) has only two primary product candidates, but they’re highly significant. SAVA stock holders, like all biotech-sector investors, should stay informed on all clinical developments as they’re likely to influence the share price. Source: Shutterstock Cassava Sciences shares are particularly sensitive to news-related events. That’s not a bad thing, though, as the
It’s finally happening. Shareholders approved the long-awaited merger between Churchill Capital and Lucid (NASDAQ:LCID) on Friday. This was the last roadblock to making the deal a reality. As such, as of Monday, CCIV stock has converted into LCID stock. The company is known as Lucid Group and trades on the Nasdaq. Source: T. Schneider / Shutterstock.com The
Shares of digital marketing platform Marin Software (NASDAQ:MRIN) have been on a rollercoaster of late. MRIN stock was trading at $3.50 on June 24 and shot up to highs of $27 in the first week of July. It has surged in popularity due to the growing retail trading interest in the stock and news of its
A worker hoists a flight chain at the Calder Brothers’ facility in Taylors, South Carolina, U.S., July 19, 2021. Brandon Granger | Calder Brothers Corporation | Reuters The U.S. economy is now larger than it was before the pandemic, but its growth rate may have peaked this year at a much slower pace than expected.
Traders on the floor of the New York Stock Exchange, June 25, 2021. Source: NYSE We’re halfway through second-quarter earnings. The results not only continue to beat forecasts by a wide margin, but estimates for the third and fourth quarter — and now even for 2022 — are continuing to rise. And most say estimates
In this article AMZN SWKS GILD TMUS PINS A worker assembles a box for delivery at the Amazon fulfillment center in Baltimore, Maryland, U.S., April 30, 2019. Clodagh Kilcoyne | Reuters Check out the companies making headlines Thursday after the bell: Amazon — Amazon shares fell more than 6% in after-hours trading after the company reported its first
Cleveland-Cliffs (NYSE:CLF) — a Cleveland, Ohio-based steelmaker — has made it very clear that it expects to significantly reduce its debt this year. That could mean great things for CLF stock. Source: IgorGolovniov / Shutterstock.com Essentially, this reduction is a direct result of the company’s free cash flow (FCF) generated in the second quarter, as well
So far, it’s been the biggest IPO this year. Yet, that hasn’t meant much for investors who bought Coupang (NYSE:CPNG) stock after it began trading on the New York Stock Exchange back in March. On its first day of trading, it hit prices topping $69 per share. After that? It’s been a long slide for
On this podcast, Stig Brodersen talks with Leland Miller who’s an investment expert on the Chinese economy. IN THIS EPISODE, YOU’LL LEARN: – How the Chinese central bank operates, and which interests they have in manipulating their interest rate – What the real drivers behind the trade war are – How to understand the Chinese
Hey, cut me some slack. I would have written about ContextLogic’s (NASDAQ:WISH) Chief Financial Officer (CFO) resigning from his position in late June, but I only got the opportunity to write about WISH stock in the dog days of July. Source: sdx15 / Shutterstock.com Rajat Bahri’s last day as CFO was July 23. In his
Yuriko Nakao | Getty Images The U.S. Marshals Service, one of the primary law enforcement agencies of the Department of Justice, has hired custodian Anchorage Digital for cryptocurrency seized or forfeited in various criminal cases. The Marshals Service has spent more than a year seeking a custodian and financial services provider for its stockpile of
Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013. Andrew Harrer | Bloomberg | Getty Images Securities and Exchange Commission Chair Gary Gensler said Wednesday he wants mandatory disclosure on climate risks, and he wants the agency to
Federal Reserve Jerome Powell testifies during a Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh | Reuters The Federal Reserve has edged closer to winding down its bond buying program, but some market pros say the central bank could now
Direct vs. Indirect Distribution Channel: An Overview A distribution channel is a chain of businesses or intermediaries through which a good or service passes until it reaches the end consumer. Channels are broken into direct and indirect forms. Distribution channels can include the manufacturer, warehouses, shipping centers, retailers and even the internet. Direct channels allow the
There is absolute clarity on the point that global economic growth is gaining traction. And that means good things for the future of shipping stocks. The international Monetary Fund expects global economic growth at 6% for 2021 and 4.4% for 2022. For the current year, emerging economies are likely to grow at 6.7%. Performance of
Tesla (NASDAQ:TSLA) has been stuck in a relatively tight trading range in recent months, mostly hovering around the high $500’s or mid $600’s range. Let’s review why TSLA stock may be one of the worse investments in the world at this time – and not regain its recent highs for quite some time. Source: Sheila
AT&T (NYSE:T) shocked the world this summer. AT&T has long been a centerpiece of many retirees and income investors’ portfolios. T stock generally yielded in the 6% range annually, and at times paid an even higher rate than that. Source: Jonathan Weiss/Shutterstock This was a massive number in a zero interest rate world. With banks paying
Zomedica (NYSEAMERICAN:ZOM) might be in some sort of trouble with the launch of its new TruForma diagnostic machine. That is why ZOM stock has been falling and will likely keep dropping in the days ahead. Source: Postmodern Studio / Shutterstock.com Here is the likely reason. On May 14, 2021, Dr. Stephanie Morley resigned as its
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