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…

Stocks

“7 Nasdaq Stocks You Need To Buy Before They Bounce Back Up”

“With the sector finally in a correction, it’s time to start loading up on these seven Nasdaq stocks to buy: Avalara (NASDAQ:AVLR) Duck Creek Technologies (NASDAQ:DCT) ZoomInfo (NASDAQ:ZI) Cisco (NASDAQ:CSCO) Datadog (NASDAQ:DDOG) Costco (NASDAQ:COST) Nasdaq (NASDAQ:NDAQ) While there will be some slowdown in this trend as the… Continue Reading…

Banking

“TREASURIES-Yields climb after August jobs report”

“U.S. Treasury yields shot higher on Friday, propelled by a drop in the August unemployment rate and ahead of a big burst of supply next week. The benchmark 10-year yield was last up 9.1 basis points at 0.7131%. The U.S.… Continue Reading…

Stocks

“These 19 Big Stocks Raise Their Dividends Despite Coronavirus”

“Nineteen S&P 500 companies upped their dividends during April, including materials company Newmont (NEM), consumer staples firm Costco Wholesale (COST) and information technology giant Apple (AAPL), says S&P Dow Jones Indices. The average dividend hike by these companies is 8.4%. Boosting a dividend might be the… Continue Reading…

Stocks

“Sprint Stock Soars After Judge Approves Its Merger With T-Mobile”

“T-Mobile US and Sprint stocks are soaring after a federal judge gave his stamp of approval to the wireless carriers’ long-pending combination, ruling that the merger wouldn’t lead to less competition and higher prices for consumers in the U.S. Sprint stock (ticker: S)… Continue Reading…

Economy

“Wives now out-earn their husbands nearly a third of the time”

“…Among married couples, wives now out-earn their husbands nearly 30% of the time, up from 15.9% in 1981, according to recently released data from the Census Bureau. “Men’s wages have stagnated in the past decade or so, in part because the economy… Continue Reading…

Stocks

“Tesla Stock Jumped 20%. It Makes No Sense.”

“Tesla shares rose almost 20% Monday, hitting another all-time high. The question is why? The move, frankly, baffled investment pros… But first a run down of recent numbers. They are incredible. Monday was the largest percentage increase in Tesla (ticker: TSLA) stock since May… Continue Reading…

Stocks

“Amazon soars after huge earnings beat”

“Shares of Amazon climbed as much as 11% in extended trading on Thursday after smashing earnings expectations for the fourth quarter. The company’s market cap surged above $1 trillion after hours on the back of the powerhouse earnings report. In doing so, it joined Apple, Alphabet and Microsoft,… Continue Reading…