Cart

0

Economy

“U.S. Food Suppliers Are Having Trouble Keeping Shelves Stocked”

“Some of the largest U.S. food distributors are reporting difficulties in fulfilling orders as a lack of workers weighs on the supply chain. Sysco Corp., North America’s largest wholesale food distributor, is turning away customers in some areas where demand… Continue Reading…

Economy

“UK car production plummets to lowest level since 1956 amid chip shortage, worker absences”

“U.K. car production plummeted to a new low last month, marking the worst July performance for the industry since 1956, according to a trade group. The Society of Motor Manufacturers and Traders said Thursday that U.K. manufacturers built just 53,438 vehicles in… Continue Reading…

Economy

“Former Cisco CEO says he is ‘not investing in China'”

“Former long-time Cisco CEO John Chambers has done business in China for decades, dealing with corporate leaders and government officials. The various dealings were always tough, acknowledges Chambers, but importantly there was a certain predictability to them and a focus on win-win… Continue Reading…

Business, Economy

“Samsung to Hire 40,000 in $205 Billion Three-Year Spree”

“Samsung Group has unveiled a 240 trillion won ($205 billion) expansion that will entail hiring 40,000 people over three years, a sprawling investment blueprint intended to build the South Korean conglomerate’s lead in next-generation technologies…” https://finance.yahoo.com/news/samsung-create-10-000-jobs-060421527.html I hate to say… Continue Reading…

Economy

“U.S. Coal Consumption Hit 60-Year Low In 2020”

“Six of the world’s ten largest consumers of coal are in the Asia Pacific region. All of last year’s top consumers saw a decline in coal consumption from 2019, with the exception of China and Vietnam. Below were the world’s… Continue Reading…

Stocks

“Investing in These 3 Stocks Could Double Your Money, Says Oppenheimer”

“Enovix (ENVX)… Are other analysts in agreement? They are. Only Buy ratings, 3 to be exact, have been issued in the last three months. Therefore, the message is clear: ENVX is a Strong Buy. Given the $29.67 average price target, shares… Continue Reading…

Stocks

“4 Penny Stocks Insiders Are Buying”

“The Trade: CASI Pharmaceuticals, Inc. (NASDAQ: CASI) Chairman & CEO Wei-Wu He acquired a total of 480000 shares at an average price of $1.28. To acquire these shares, it cost $613,800.00… The Trade: ServiceSource International, Inc. (NASDAQ: SREV) 10% owner Edenbrook Capital Llc, Jonathan Brolin acquired a total of… Continue Reading…

Stocks

“Billionaire Dan Loeb Snaps Up These 2 “Strong Buy” Stocks”

“Zimmer Biomet Holdings (ZBH)… Matson’s view on ZBH is hardly an outlier, as the stock has no fewer than 13 positive reviews set in recent weeks – for a Strong Buy analyst consensus. The shares have an average price target of… Continue Reading…

Stocks

“3 Big Dividend Stocks Yielding at Least 8%; RBC Says ‘Buy’”

“Magellan Midstream Partners (MMP)… With 9 recent reviews, including 4 Buys and 5 Holds, MMP has a Moderate Buy rating from the analyst consensus. The stock sells for $47.77, while the $52.11 average price target indicates room for ~10% upside… Continue Reading…

Stocks

“Bluebird’s stock falls 21% as it says it will focus on U.S. market for gene therapies, citing ‘European payers'”

“Shares of Bluebird Bio Inc. were down 21.6% in premarket trading on Monday after the company announced several setbacks to its business as part of its second-quarter earnings announcement. Bluebird plans to wind down its gene therapy operations in Europe,… Continue Reading…