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Business, Stocks

“Ford Motor Q3 China Sales Rise 25%, Biggest Jump Since 2016; Target Price $10 in Best Case”

“Ford Motor Co, an American multinational automaker, said its vehicle sales climbed 25% in the third quarter of this year, the biggest year-over-year increase since 2016, as demand gradually recovered… Ford and its joint ventures, Changan Ford, JMC and Ford… Continue Reading…

Business, Stocks

“Exxon Mobil’s Dividend Yield Hits 10%: What Investors Need To Know”

“What Happened: Exxon Mobil Corporation’s (NYSE: XOM) dividend yield is sitting above 10% as of Thursday. The company paid out a dividend of 87 cents in September. Based on the ex-dividend date of Aug. 12, the annual dividend rate was 7.9%. The dividend… Continue Reading…

Stocks

“3 “Perfect 10” Stocks to Watch as Volatility Within the Market Continues”

“Camping World Holdings (CWH)… Overall, Camping World Holdings has a Moderate Buy analyst consensus rating, based on an even split of 4 Buy reviews and 4 Holds. The shares are selling for $29.20, and the average price target of $38.86… Continue Reading…

Economy

“Oil jumps more than 10% for the week following OPEC meeting, decline in U.S. inventory”

“Oil prices were mixed on Friday after a Libyan commander said a blockade on the country’s oil exports would be lifted for a month, while a declining U.S. equities market also weighed on futures… Brent fell 55 cents to $42.75 a… Continue Reading…

Economy

“U.S. productivity rises a record 10.1% in the second quarter”

“U.S. productivity rose at a 10.1% rate in the second quarter as the number of hours worked declined by the largest amount since the government started compiling the data more than 70 years ago. The Labor Department said Thursday that… Continue Reading…

Economy

“Google will invest $10 billion in India over the next few years”

“Google is planning to invest $10 billion in India as part of plans to make the internet “affordable and useful” for a billion people. CEO Sundar Pichai announced the investment via livestream on Monday at the annual Google (GOOGL) for India event. “This is a reflection of our confidence… Continue Reading…

Business

“Office Depot Plans 1-for-10 Reverse Stock Split”

“Office Depot  (ODP) – Get Report said it would execute a 1-for-10 reverse stock split after the close of trading June 30. In an April 28 Securities and Exchange Commission filing, the Boca Raton, Fla., chain had said the increased price resulting from the split would… Continue Reading…

Banking, Economy

“10-year Treasury yield erases recent gains as S&P 500 books near 6% loss”

“What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, 0.767% slumped 9.3 basis points to 0.651%, its lowest since May 29, falling below where it traded before the release of Friday’s jobs report. The benchmark maturity saw its biggest daily drop since… Continue Reading…

Economy

“Dentists’ offices are responsible for 10 percent of jobs regained last month”

“In a twist that shocked many of the nation’s top economists, the U.S.’s May jobs report released Friday showed the country added 2.5 million jobs last month, lowering the unemployment rate from 14.7 percent to 13.3 percent. A large chunk of that… Continue Reading…

Economy, Stocks

“Dow plunges 10% amid coronavirus fears for its worst day since the 1987 market crash”

“Stocks plummeted once again on Thursday after President Donald Trump and the Federal Reserve both failed to quell concerns over the economic slowdown stemming from the coronavirus, leading to a historic drop for the U.S. markets. The Dow Jones Industrial Average closed 2,352.60… Continue Reading…