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Business, Stocks

“Procter & Gamble sales rise 4% as consumers buy more cleaning products”

July 30, 2020

“…Shares of the company rose 1.5% in morning trading. Here’s what the company reported for the quarter ended June 30 compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $1.16, adjusted,… Continue Reading…

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Economy

“The Boat Business Is Booming”

July 3, 2020

“The run on boats is happening across the country. Chuck Cashman, the chief revenue officer of the boat dealership MarineMax, which has 64 locations in 23 states, says sales are up in every single category. Nearly three quarters of queries… Continue Reading…

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Stocks

“3 “Strong Buy” Penny Stocks That Could Go Boom”

June 2, 2020

“Reed’s, Inc. (REED) Reed’s, a small cap company in the craft soda markets, is best known for its ginger ale and ginger beer products. The company’s eponymous brand and product line also extends to zero-sugar sodas and ginger candy. It’s a… Continue Reading…

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Stocks

“7 High-Yield Dividend Value Stocks to Buy”

May 22, 2020

“While near-term fluctuations in the stock market can be unpredictable, dividends are one of the few reliable sources of market returns. Stocks with high dividend yields can serve as a great foundation for a long-term investment portfolio. One of the best places… Continue Reading…

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Stocks

“U.S. airlines want a $50 billion bailout. They spent $45 billion buying back their stock.”

April 8, 2020

“We don’t know yet which companies are going to get how much in federal bailout money and what the bailout terms will be. But it’s a sure bet that a ton of money will be earmarked for our nation’s four… Continue Reading…

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Banking, Economy

“The Fed to start buying Treasurys Friday across all durations, starting with 30-year bond”

March 13, 2020

“In an announcement Friday, the central bank said it was accelerating to Friday purchases it announced a day before. The move comes in response to market demand that the Fed act immediately to quell what has been an extraordinarily volatile… Continue Reading…

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Stocks

“Up 71%, Is Novavax Stock Still a Strong Buy?”

January 22, 2020

“Yesterday, next-generation vaccine maker Novavax (NASDAQ:NVAX) saw its shares jump by an astounding 71% on nearly 24 times the average daily volume. Investors bid up this small-cap biotech stock in response to the spread of a deadly respiratory virus (a type of coronavirus) from China… Continue Reading…

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Economy

Sales Up: “No Line to Board Private Jets, but There Is a Line to Buy Them”

January 1, 2020

“Mr. Papariella’s clients often look to buy used jets, some decades old, that still perform at a high level but cost less up front, he said. A Gulfstream G4 from 2002 might cost $3 million — far better than $60… Continue Reading…

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Investing

“Should you buy a piece of your favorite sports team?”

November 5, 2019

“Major League Baseball will soon allow investment funds to purchase small stakes in its clubs, Bloomberg reported. It’s a move that could let Wall Street firms, college endowments and high-net-worth individuals buy into the sport… Still, baseball team values have soared… Continue Reading…

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Economy, Stocks

“Hong Kong Stock Market Retracts Offer to Buy London Exchange”

October 8, 2019

“Hong Kong’s stock exchange will no longer proceed with its nearly $37 billion offer to buy its London competitor, it announced on Tuesday morning, in a setback for the exchange’s long-running effort to build a closer connection to European markets…” https://www.nytimes.com/2019/10/07/business/hong-kong-london-stock-exchange.html

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