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Stocks

“3 Stocks Under $5 That Could Deliver Triple-Digit Wins”

“AutoWeb, Inc. (AUTO)… Overall, AutoWeb stands as a ‘Strong Buy’ name among Wall Street analysts. In the last three months, the stock has won 3 bullish recommendations. With a return potential of 81%, the stock’s consensus price target lands at $6.33…… Continue Reading…

Business, Economy

“Lowe’s gives $100 million more in bonuses to hourly employees”

“Lowe’s said Wednesday it will give $100 million more in bonuses to hourly employees, as strong demand for home improvement continues. It marks the sixth time the home improvement retailer has given additional pay to workers at its stores… With the… Continue Reading…

Stocks

“3 “Strong Buy” Healthcare Stocks Under $5 That Could Go Boom”

“Kintara Therapeutics (KTRA)… Are other analysts in agreement? They are. Only Buy ratings, 3 to be exact, have been issued in the last three months. Therefore, the word on the Street is that KTRA is a Strong Buy. Given the… Continue Reading…

Business

“Cleveland-Cliffs to Buy ArcelorMittal USA for $1.4 Billion”

” Cleveland-Cliffs Inc. will buy the U.S. operations of ArcelorMittal SA for $1.4 billion in cash and shares to become the biggest flat-rolled steel producer in North America. Ohio-based Cleveland-Cliffs expects its second major deal in less than a year to… Continue Reading…

Business

“Apple has quietly dropped 22% from its peak, giving up $500 billion in market cap”

“It took just 12 trading sessions for Apple to plunge more than 20% from its all-time high, shedding more than half a trillion in market capitalization. The tech giant has plunged 22.6% from its intraday record high of $137.98 from Sept. 2,… Continue Reading…

Business, Stocks

“Immunomedics shares double after Gilead agrees to buy the cancer drugmaker in $21 billion deal”

“Gilead Sciences will acquire biotech company Immunomedics in a $21 billion deal that will expand Gilead’s availability of cancer treatments, the companies announced on Sunday.  Shares of Immunomedics surged more than 100% in premarket trading Monday. The deal will provide Gilead access to the drug Trodelvy, a… Continue Reading…

Business

“Verizon to buy wireless services provider Tracfone in $6.25 billion deal”

“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…

Business

“Nvidia to buy Arm Holdings from SoftBank for $40 billion”

“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…

Economy

“Citi Has a Message for Oil Bulls: $60 Oil to Return by 2021”

“Citigroup Inc. has a message to cheer up despairing oil bulls: prices will get back to $60 a barrel before the end of 2021… It will take until late 2021 for global oil consumption to return to the 2019 level… Continue Reading…

Business

“Mall owners Simon, Brookfield set to rescue JC Penney from bankruptcy in $800 million deal”

“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…