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Stocks

“Link Shares Jump 27% on Pacific Equity, Carlyle Group Takeover Proposal”

“Link Administration Holdings Ltd, an Australia-based provider of services in superannuation administration industry, said it has received a conditional A$2.76 billion proposal from a consortium comprising Pacific Equity Partners, Carlyle Group to acquire 100% of the stake, sending its shares up 27%… Continue Reading…

Stocks

“3 “Strong Buy” Dividend Stocks Yielding Over 9%”

“New Mountain Finance Corporation (NMFC)… Overall, the Wall Street consensus on NMFC is a Strong Buy, based on 4 reviews including 3 Buys and 1 Hold. The shares are selling for $9.88, and the average price target of $10.92 implies a… Continue Reading…

Business

“Like This Website? Help Raxxmorz.com Grow. Like, follow, comment, and share this website”

For those who like this content you can also follow me on: Twitter, Linkedin, and Tumblr. Raxxmorz.com is the main hub for content of course. Please share the articles. Spread the word. Also don’t be shy. Feel free to leave… Continue Reading…

Economy

[September] “U.S. economy plunges 31.4% in the second quarter but a big rebound is expected”

“The Commerce Department reported Wednesday that the gross domestic product, the economy’s total output of goods and services, fell at a rate of 31.4% in the April-June quarter, only slightly changed from the 31.7% drop estimated one month ago. The… Continue Reading…

Stocks

“Raymond James Predicts Over 100% Rally for These 3 Stocks”

“Mesa Air Group (MESA)… Turning now to the rest of the Street, 3 Buys and no Holds or Sells have been published in the last three months. Therefore, MESA has a Strong Buy consensus rating. With the average price target… Continue Reading…

Stocks

“5 Stocks With 40% Upside or More for Investors”

“The market has seen record lows followed by record highs over the course of this year, and investors who have been sitting on the sidelines to avoid the madness might believe that they’ve missed an opportunity to jump in at… Continue Reading…

Business, Cryptocurrencies

“Square buys $50 million in bitcoin, says cryptocurrency ‘aligns with company’s purpose’”

“Square said Thursday it bought 4,709 bitcoins, worth approximately $50 million. This represents about 1% of Square’s total assets as of the end of the second quarter of 2020… The price of the digital currency has risen to around $10,724 from $7,100… Continue Reading…

Stocks

“Raymond James Predicts Over 100% Rally for These 3 Stocks”

“Mesa Air Group (MESA)… Turning now to the rest of the Street, 3 Buys and no Holds or Sells have been published in the last three months. Therefore, MESA has a Strong Buy consensus rating. With the average price target… Continue Reading…

Business, Economy

“JPMorgan Projects 50%-Plus Airline Revenue Decline In 2021”

“JPMorgan is cautious on the airline industry and reducing its forecasts on the basis of conservative demand.  The Airline Analyst: Jamie Baker upgraded JetBlue Airways (NASDAQ: JBLU) from Underweight to Overweight with a $17 price target.  Baker upgrades United Airlines (NASDAQ: UAL) from Neutral to Overweight and raised… Continue Reading…