Cart

0

Stocks

“3 Big Dividend Stocks Yielding Over 13%; RBC Says ‘Buy’”

“Energy Transfer LP (ET)… Overall, ET has a Moderate Buy consensus rating, based on 10 reviews evenly split between 5 Buys and 5 Holds. Shares are selling for $5.96, and the average price target of $9.70 suggests it has room for… Continue Reading…

Stocks

“Samsung shares could rally over 40% to record highs on smartphone rebound and chips, analyst says”

“Samsung shares could rally over 40% in the next year, according to one analyst who sees TV and smartphone sales rebounding sharply in the near-term and a boost in the chip division. SK Kim, analyst at Daiwa Capital Markets, raised his… Continue Reading…

Stocks

“3 Big Dividend Stocks Yielding Over 8%; Analysts Say Buy”

“Euronav NV (EURN) …The offshore storage business has powered strong earnings in 1H20. Euronav saw quarterly revenue and earnings rise in both Q1 and Q2, bucking the ‘normal’ trend in the corona crisis. Q2 earnings came in at $1.14 per share,… Continue Reading…

Economy

“The gold rally could forge ahead to $4,000, but analyst says two events could turn its fortunes”

“Gold prices could forge ahead to $4,000 per ounce in the next three years, but factors such as the development of a coronavirus vaccine and the November U.S. elections could change the fortunes of the precious metal, analysts say. This… Continue Reading…

Business

“Samsung says profit jumped 23%, likely thanks to strong chip demand”

“The South Korean conglomerate said on Tuesday that it expects to make an operating profit of roughly 8.1 trillion won ($6.8 billion) for the three months that ended in June. That’s up nearly 23% from the same period a year… Continue Reading…

Economy

“Where’s my money? 35 million still waiting on stimulus checks, feds say”

“An estimated 30 million to 35 million people in the United States are still waiting on federal coronavirus relief payments, CBS News reports. The payments of $1,200 per person or $2,400 per couple, plus money for each minor child, have been going… Continue Reading…

Banking

“JPMorgan Asset Says It’s Way Too Soon for Negative U.S. Rates”

““Three, four years down the line if the economy is still in a very weak state, then perhaps the Federal Reserve could consider negative rates,” said Seamus Mac Gorain, head of global rates in London at the $1.7 trillion investment… Continue Reading…

Economy

“28 percent of Americans say they’ve already lost wages due to coronavirus: poll”

“Twenty-eight percent of those surveyed said they’d already “lost wages or other personal income.” Another 16 percent said they were laid off or furloughed from work, and an additional 28 percent said they lost what they considered a “substantial amount” from… Continue Reading…

Economy, Real Estate

“Real Estate Billionaire Barrack Says Commercial Mortgages on Brink of Collapse”

“Real estate investor Tom Barrack said the U.S. commercial-mortgage market is on the brink of collapse and predicted a “domino effect” of catastrophic economic consequences if banks and government don’t take prompt action to keep borrowers from defaulting. Barrack, chairman… Continue Reading…

Economy

“Buffett says economy is slowing amid virus fears”

“Billionaire Warren Buffett says the viral outbreak in China has slowed economic growth, but he remains confident in the long-term future of American business… Buffett said the reports he gets from Berkshire’s assortment of more than 90 businesses and stock… Continue Reading…