September 14, 2020
“Verizon Communications said Monday it would buy wireless services provider Tracfone, a unit of Mexican telecom America Movil, in a $6.25 billion cash and stock deal. Several mergers in recent years have led to an increasingly concentrated wireless industry in the U.S.,… Continue Reading…
September 14, 2020
“Chipmaker Nvidia has agreed to buy Arm Holdings, a designer of chips for mobile phones, from SoftBank in a deal worth $40 billion, the companies announced Sunday. The deal will include $21.5 billion in Nvidia stock and $12 billion in cash, including $2 billion payable at… Continue Reading…
September 13, 2020
“Global soybean demand has been robust recently, with new American crop sales at record levels, said Jim Sutter, CEO of the U.S. Soybean Export Council. On Tuesday, prices of U.S. soybean futures rose to their highest levels since 2018 after the U.S. Department… Continue Reading…
September 13, 2020
“Energy Transfer LP (ET)… Overall, ET has a Moderate Buy consensus rating, based on 10 reviews evenly split between 5 Buys and 5 Holds. Shares are selling for $5.96, and the average price target of $9.70 suggests it has room for… Continue Reading…
September 13, 2020
“With the sector finally in a correction, it’s time to start loading up on these seven Nasdaq stocks to buy: Avalara (NASDAQ:AVLR) Duck Creek Technologies (NASDAQ:DCT) ZoomInfo (NASDAQ:ZI) Cisco (NASDAQ:CSCO) Datadog (NASDAQ:DDOG) Costco (NASDAQ:COST) Nasdaq (NASDAQ:NDAQ) While there will be some slowdown in this trend as the… Continue Reading…
September 12, 2020
“The numbers are out, and the National Football League ratings for its 2020 Kickoff game Thursday attracted an average of 19.3 million viewers for the night, NBC Sports said on Friday. That’s about a 12% drop versus last year’s season… Continue Reading…
September 12, 2020
“Cheniere Energy Partners (ticker: CQP)… Current yield: 7.5% Chevron Corp. (CVX)… Current yield: 6.4% China Petroleum & Chemical Corp. (SNP)… Current yield: 9.9% Delek Logistics Partners (DKL)… Current yield: 11.5% Enbridge (ENB)… Current yield: 7.8% Kinder Morgan (KMI)… Current yield: 7.9% Sunoco (SUN)… Current yield: 13.1% Total SE… Continue Reading…
September 12, 2020
“Samsung shares could rally over 40% in the next year, according to one analyst who sees TV and smartphone sales rebounding sharply in the near-term and a boost in the chip division. SK Kim, analyst at Daiwa Capital Markets, raised his… Continue Reading…
September 11, 2020
“U.S. mall owners Simon Property Group and Brookfield Property Partners are close to finalizing an $800 million deal to rescue the embattled department store chain J.C. Penney from bankruptcy, avoiding a total liquidation and saving about 70,000 jobs and 650 stores, Joshua Sussberg of the… Continue Reading…
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