August 26, 2020
“Shares of Salesforce soared more than 27% Wednesday morning, as investors continued to rally around the enterprise-software company’s strong fiscal second-quarter earnings. Salesforce reported adjusted earnings per share of $1.44 on revenue of $5.15 billion on Tuesday. That blew away analyst expectations of… Continue Reading…
August 25, 2020
“Stocks drifted lower Tuesday morning after each of the S&P 500 and Nasdaq touched yet another record intraday high earlier in the session. A closely watched index tracking US consumer confidence unexpectedly deteriorated in August to a fresh pandemic-era low, cooling hopes… Continue Reading…
August 20, 2020
“PSEG (PEG) is currently shelling out a dividend of $0.49 per share, with a dividend yield of 3.59%. This compares to the Utility – Electric Power industry’s yield of 3.44% and the S&P 500’s yield of 1.63%. In terms of dividend… Continue Reading…
August 17, 2020
“Shares of CureVac, the German biotech specializing in the messenger RNA technology that is the basis of many of the leading Covid-19 vaccine programs, is set to soar on its second day of trading. CureVac shares (ticker: CVAC) were up 42% in… Continue Reading…
August 17, 2020
“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…
August 13, 2020
“What happened Coronavirus-related stocks declined sharply on Wednesday, extending their losses following Russia’s announcement on Tuesday that it had developed the world’s first COVID-19 vaccine. As of 11:55 a.m. EDT, shares of Novavax (NASDAQ:NVAX), Heat Biologics (NASDAQ:HTBX), Sorrento Therapeutics (NASDAQ:SRNE), Vaxart (NASDAQ:VXRT), and iBio (NYSEMKT:IBIO) were down 20%, 17%, 15%, 14%,… Continue Reading…
August 11, 2020
“Russia says it has registered the world’s first vaccine for Covid-19. There are caveats, but an effective vaccine would be great news for the world… Investors want to believe. Europe’s FTSE 100 index gained 1.4%. Asia’s Hang Seng Index rose 2.1%. The Dow Jones Industrial Average and S&P 500 are up 1.2%… Continue Reading…
August 11, 2020
“Stocks mostly rose Tuesday, with the S&P 500 closing in on a record level as hopes for a vaccine and further stimulus spurred a global risk rally and a pop in “reopening” stocks. The Nasdaq underperformed again as shares of… Continue Reading…
August 5, 2020
“America’s services sector grew for a second month in a row in July and beat economists’ expectations. But beneath the headline number, some things are still quite gloomy. The Institute for Supply Management’s index to measure non-manufacturing activity climbed to 58.1, from… Continue Reading…
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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