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Stocks

“Fast-Growing Stocks: See 23 Companies Expecting Up To 1,433% Earnings Growth In Q3”

“With Q3 earnings season getting underway, here’s a look at today’s fastest-growing stocks expecting 54% to 1,433% EPS increases in their next report. Alpha Pro Tech (APT) leads the list, expecting 1,433% earnings growth when it next reports…” https://www.investors.com/research/fast-growing-stocks-amzn-amd-pfsi-apt-q3-earnings-estimates/?src=A00220 This article talks… Continue Reading…

Economy

[September] “U.S. economy plunges 31.4% in the second quarter but a big rebound is expected”

“The Commerce Department reported Wednesday that the gross domestic product, the economy’s total output of goods and services, fell at a rate of 31.4% in the April-June quarter, only slightly changed from the 31.7% drop estimated one month ago. The… Continue Reading…

Stocks

“The 7 Best Stocks to Buy for the Fourth Quarter”

“Investors are taking some profits off the table. But there are still some stocks you can buy now that will continue to run thanks to more fundamental trends. These are the seven best stocks to buy for the fourth quarter and… 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

“Second-quarter GDP plunged by worst-ever 32.9% amid virus-induced shutdown”

“The U.S. economy saw the biggest quarterly plunge in activity ever, though the plummet in the second quarter wasn’t as bad as feared. Gross domestic product from April to June plunged 32.9% on an annualized basis, according to the Commerce… Continue Reading…

Business

“…What to expect as oil and gas majors unveil their second-quarter results”

“Oil and gas majors are likely to report “horrendous” second-quarter results over the next two weeks, energy analysts have told CNBC, with the three-month period through to the end of June widely expected to mark the “low point” of 2020…… Continue Reading…

Business

“United Airlines Reports ‘Most Difficult’ Quarter in Nearly 100 Years”

“Typically, when a public company reports earnings, it highlights a positive in its release, no matter how much money it lost in the previous three months. But on Tuesday, United Airlines did not spin, telling investors it recently completed “the… Continue Reading…

Business

“Disney’s profit plunged 91% last quarter as its parks closed their doors”

“Disney’s profit dropped a whopping 91% during the first three months of 2020, revealing the widespread damage that the coronavirus pandemic has brought on its media empire. Although sales for its second quarter were up 21% to $18 billion, Disney’s profit… Continue Reading…

Business

“Losses Are About To Get Much Worse At 11 Companies This Quarter”

“So far, analysts are forecasting 11 S&P 500 companies, including consumer discretionary companies Ford Motor (F) and General Motors (GM), plus industrial American Airlines (AAL) to lose $1 billion or more in the second quarter. This is according to an Investor’s Business Daily analysis of data… Continue Reading…

Economy

“US GDP shrank 4.8% in the first quarter amid biggest contraction since the financial crisis”

“Gross domestic product fell 4.8% in the first quarter, according to government numbers released Wednesday that provide the first detailed glimpse into the deep damage the coronavirus wreaked on the U.S. economy. Economist surveyed by Dow Jones had expected the… Continue Reading…