Business, Stocks

“McDonald’s revenue falls 30% despite progress at U.S. restaurants”

“Shares of the company fell nearly 2% in early trading Tuesday. Still, McDonald’s said it expects to accelerate U.S. restaurant closures this year and permanently shutter about 200 locations. More than half of those are lower sales volume locations inside Walmart stores. The… Continue Reading…

Stocks

“Tesla shares slide 9% as traders take profits from 2020′s high-flying stocks”

“…The stock dropped 9%, building on a 5% decline from the previous session. Friday’s losses put Tesla on track for its first back-to-back weekly decline since early May; the stock was also headed for its worst day since May 1.… Continue Reading…

Stocks

“3 Stocks You Can Keep Forever”

“1. Walmart Walmart (NYSE:WMT) has a simple formula with a proven long-term success rate. Opening its first discount store nearly six decades ago, the retailer keeps costs low and passes these savings on to its customers. This sounds deceptively easy, but other companies have… Continue Reading…

Banking, Stocks

“Coca-Cola earnings fall 33%, but company sees improving demand…”

“Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 42 cents, adjusted, vs. 40 cents expected Revenue: $7.2 billion vs. $7.2 billion expected Coke reported fiscal… Continue Reading…

Stocks

“Is TOP SHIPS Inc (TOPS) a Stock to Watch This Week?”

“Overall market sentiment has been down on TOP SHIPS Inc (TOPS) stock lately. TOPS receives a Bearish rating from InvestorsObserver’s Stock Sentiment Indicator… TOP SHIPS Inc (TOPS) stock is unchanged -3.05% while the S&P 500 has risen 1.05% as of 9:53 AM… Continue Reading…

Business, Stocks

“Top Ships downgraded at Maxim on potential for delays at shipyards”

“Top Ships (TOPS -4.8%) tumbles after Maxim Group downgrades shares to Hold from Buy and removes its prior $0.40 price target, citing the potential for delays at shipyards delivering five new ships to the company in 2021. The company has four ships in… Continue Reading…

Stocks

“Tesla stock is now pricier than shares of Google’s Alphabet”

“Tesla Inc. TSLA, 0.68% shares on Monday rose more than 14%, headed for a record high and trading above shares of Google’s parent Alphabet Inc. GOOG, -1.42% GOOGL, -1.45% and Priceline.com’s Booking Holdings Inc. BKNG, -1.49%. The stock’s one-day gain is its best since a 16% jump in March. The rally… Continue Reading…

Stocks

“US STOCKS-Nasdaq ends at record high as Wall St rises with tech shares”

“U.S stocks rose on Wednesday and the Nasdaq hit a record closing high, supported by technology shares as early signs of an economic rebound… Apple Inc and Microsoft Corp provided the biggest boosts to the Dow and S&P 500, with… Continue Reading…

Stocks

“Twitter stock jumps on potential subscription platform”

“Shares of Twitter jumped more than 8% in morning trading Wednesday after the company posted a job listing saying it was building a subscription platform under the code name “Gryphon.”  The company revealed little about the new platform, though it said it will work… Continue Reading…

Stocks

“Top Ships Inc. Announces Pricing of $15.9 Million Common Shares Registered Direct Offering”

“TOP Ships Inc. (the “Company”) (NASDAQ:TOPS) announced today that it has entered into a placement agency agreement with Maxim Group LLC relating to the sale of the Company’s common shares (the “Placement Agency Agreement”).  Pursuant to the Placement Agency Agreement,… Continue Reading…