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Business

“Under Armour to raise hourly wages to $15 for more than 8,000 retail, distribution workers”

“Under Armour announced Wednesday it is raising wages for hourly retail workers to $15 in the United States and Canada, impacting more than 8,000 jobs. The increases, which could be as much as 50% for some workers, will be effective June… Continue Reading…

Stocks

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

“Savara, Inc. (SVRA)… Overall, SVRA has 3 recent analyst reviews, and all are Buys, making the analyst consensus rating a Strong Buy. The average price target stands tall at $4.67, which suggests the stock has room for 173% upside in the… Continue Reading…

Business, Economy

“Boat sales took off… now dealers can’t keep up with demand”

“Boat sales skyrocketed last year… as more Americans turned to the lifestyle amid more flexible work environments that allowed people to spend extra time enjoying the outdoors. Sales of boats, marine products and services across the country leaped to a… Continue Reading…

Stocks

“BlackRock raises dividend by 14%, with first new payout in March”

“BlackRock Inc. BLK, -0.90% said Thursday that it will raise its dividend by 14%. The investment management’s new quarterly dividend of $4.13 a share, up from $3.63 a share, will be payable March 23 to shareholders of record on March 5. The stock… Continue Reading…

Stocks

“These 2 Penny Stocks Are Poised to Go Boom, Say Analysts”

“Matinas BioPharma (MTNB)… Turning now to the rest of the Street, other analysts echo Hazlett’s sentiment. As only Buy recommendations have been published in the last three months, MTNB earns a Strong Buy analyst consensus. With the average price target… Continue Reading…

Stocks

“Stitch Fix shares rise nearly 50% in early trading after yesterday’s earnings beat”

“Shares of the company’s stock were up $16.86, or 47.05%, in early trading on the Nasdaq stock exchange. For the company’s fiscal first quarter, which ends Oct. 31, Stitch Fix reported earnings of 9 cents a share. The company booked $490.4 million… Continue Reading…

Business, Stocks

“Ant Group to raise $34.5 billion, valuing it at over $313 billion, in biggest IPO of all time”

“Ant Group would raise $34.5 billion in its dual initial public offering after setting the price for its shares on Monday, making it the biggest listing of all time. The Chinese financial technology giant previously said it would split its stock… Continue Reading…

Business

“Procter & Gamble beats estimates as sales jump 9%, raises forecast amid strong demand”

“Procter & Gamble reported on Tuesday that fiscal first-quarter revenue rose 9%, fueled by demand for its cleaning and laundry products during the coronavirus pandemic. On the heels of the strong quarter, P&G raised its sales outlook and expectations for core earnings growth… Continue Reading…

Stocks

“Why Hertz Global’s Stock Is Up 90%”

“Hertz Global (NYSE: HTZ) shares are trading higher on Friday after the company announced it secured commitments of $1.65 billion in debtor-in-possession financing… Hertz Global shares traded up 97.57% to $2.04 on Friday. The stock has a 52-week high of $20.85 and… Continue Reading…

Stocks

“These 2 Penny Stocks Could Rally All the Way to $11, Says Cantor”

“Rockwell Medical (RMTI) With the goal of transforming iron deficiency and anemia management in a wide variety of therapeutic areas, Rockwell Medical works to improve the lives of patients all over the world. Given the strength of its technology and… Continue Reading…