September 30, 2019
“On Tuesday, the stock received a $100 price target from analysts at Morgan Stanley. That implies a robust rally of almost 50% from current levels. It would also require a move over the 2019 highs near $78, as well as… Continue Reading…
September 30, 2019
“Yes, they’re [Google] spending some money right now on one-day shipping but that’s a short-term drag and that’s actually going to make them much, much stronger in the long run,” Tepper said… “It’s trading in the mid-$1,700s right now. We… Continue Reading…
September 27, 2019
“The U.S. economy grew more slowly in the second quarter, updated figures confirm, and is slow growth is expected to persist through the end of the year largely because of the festering trade fight with China. Gross domestic product, the… Continue Reading…
September 27, 2019
“The Federal Reserve Bank of New York added $110.1 billion to the financial system Thursday, using the market for repurchase agreements, or repo, to relieve funding pressure in money markets…” https://www.wsj.com/articles/fed-adds-110-1-billion-to-financial-system-in-latest-transaction-11569505632
September 26, 2019
“The average total cost of employer-provided health coverage passed $20,000 for a family plan this year, according to a new survey… Annual premiums rose 5% to hit $20,576 for an employer-provided family plan in 2019, according to the yearly poll… Continue Reading…
September 26, 2019
“General Motors shares jumped 1.8% after the bell following a CNBC report that the automaker and United Auto Workers union are nearing a tentative agreement that could end the union’s ongoing strike… Shares of KB Home reached a year-to-date high Wednesday but slid as much… Continue Reading…
September 25, 2019
“1. Gold is liquid and portable. The bullion markets are traded continuously across the world. Based on a live market price, there is no subjectivity and it can be sold at anytime, unlike other physical assets such as real estate. 2. Gold… Continue Reading…
September 25, 2019
“The CEO of Juul is out, as a growing number of vaping-related deaths and threats of federal regulation present a monumental challenge for the e-cigarette company. Juul announced Wednesday that CEO Kevin Burns will be replaced by K.C. Crosthwaite, who… Continue Reading…
September 24, 2019
“The EPS of SLS is strolling at -1.49, measuring its EPS growth this year at 69.8%. As a result, the company has an EPS growth of 64.3% for the approaching year… Analyst’s mean target price for the company is $1.75 while analysts… Continue Reading…
September 24, 2019
“The New York Federal Reserve Bank said Friday it will inject billions into the US financial plumbing on a daily basis for the next three weeks in an effort to prevent a spike in short-term interest rates. The Fed will… Continue Reading…
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