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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…

Economy

“Holiday crowds at the mall will be smaller this year: ShopperTrak predicts as much as 25% drop in shoppers”

“Black Friday might be losing its clout. But it is still expected to be the busiest day in stores during the 2020 holiday shopping season, according to a new report… Traffic in retail stores is expected to be down 22% to… Continue Reading…

Economy

“25% of U.S. malls are expected to shut within 5 years…”

“Another new report out this week from Coresight Research estimates 25% of America’s roughly 1,000 malls will close over the next three to five years, with the pandemic accelerating a demise that was already underway before the new virus emerged. … Continue Reading…

Stocks

“Salesforce stock is surging more than 25% a day after its blockbuster earnings report”

“Shares of Salesforce soared more than 27% Wednesday morning, as investors continued to rally around the enterprise-software company’s strong fiscal second-quarter earnings.  Salesforce reported adjusted earnings per share of $1.44 on revenue of $5.15 billion on Tuesday. That blew away analyst expectations of… Continue Reading…

Economy, Stocks

“Stocks are finally flashing signs of a confirmed bottom, says analyst who called 25% rally”

“With the S&P 500 surging more than 10% for the week ending April 9 to wrap up its best weekly gain since 1974, investors might be giving more credence to the belief that the worst of the stock market rout is… Continue Reading…

Banking, Economy

“Fed Cuts Interest Rates by Another Quarter Point”

“The Federal Reserve lowered interest rates by a quarter of a percentage point on Wednesday, its second cut since late July, and suggested it was prepared to move aggressively if the United States economy showed additional signs of weakening. For… Continue Reading…

Banking, Economy

“FED CUTS RATE BY A QUARTER POINT, CITES ‘GLOBAL DEVELOPMENTS,’ ‘MUTED INFLATION’”

“The Federal Reserve lowered its benchmark rate by a quarter point Wednesday as an insurance policy not against what’s wrong with the economy now, but what could go wrong in the future. It was the first rate cut by the… Continue Reading…

Real Estate

“These 25 cities are losing more residents than they are gaining as population declines”

“The United States is the third largest landmass of any country in the world. Indeed, Americans have options when deciding where to live. .. According to recent Census data, nearly a fifth of all states reported a population decline in… Continue Reading…