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Business

“Coca-Cola earnings top estimates, despite 9% decline in revenue”

“Coca-Cola on Thursday reported that its third-quarter revenue fell 9% as the coronavirus pandemic weighed on demand for fountain soft drinks, Powerade and Dasani. But the company topped earnings estimates, sending shares up 3% in premarket trading. Here’s what the company reported for… Continue Reading…

Banking, Business

“Morgan Stanley tops analysts’ revenue estimates by $1 billion on stronger-than-expected trading”

“The bank said Thursday in a release that profit jumped 25% from a year earlier to $2.72 billion, or $1.66 per share, exceeding the $1.28 estimate of analysts surveyed by Refinitiv. It generated revenue of $11.7 billion, 16% higher than a year… Continue Reading…

Stocks

“Analysts Say These 3 Stocks Are Their Top Picks for 2021”

“SLM Corporation (SLM)… Overall, SLM has a Strong Buy rating from the analyst consensus, based on 4 reviews breaking down to 3 Buys and 1 Hold. The shares are selling for $7.97, and their average price target of $9.33 indicates room… Continue Reading…

Stocks

“Time to Bottom Fish? Top Analyst Offers 3 Stocks to Buy”

“Smartsheet, Inc. (SMAR)… Overall, SMAR’s Moderate Buy consensus rating is based on 9 Buys and 4 Holds set in recent days. The stock is selling for $45 and the average price target of $60.54 suggests room for 32.5% upside growth… New… Continue Reading…

Stocks

“…3 Top-Ranked Dividend Stocks – August 19, 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…

Stocks

“Is TOP SHIPS Inc (TOPS) a Stock to Watch This Week?”

“Overall market sentiment has been down on TOP SHIPS Inc (TOPS) stock lately. TOPS receives a Bearish rating from InvestorsObserver’s Stock Sentiment Indicator… TOP SHIPS Inc (TOPS) stock is unchanged -3.05% while the S&P 500 has risen 1.05% as of 9:53 AM… Continue Reading…

Business, Stocks

“Top Ships downgraded at Maxim on potential for delays at shipyards”

“Top Ships (TOPS -4.8%) tumbles after Maxim Group downgrades shares to Hold from Buy and removes its prior $0.40 price target, citing the potential for delays at shipyards delivering five new ships to the company in 2021. The company has four ships in… Continue Reading…

Stocks

“Top Ships Inc. Announces Pricing of $15.9 Million Common Shares Registered Direct Offering”

“TOP Ships Inc. (the “Company”) (NASDAQ:TOPS) announced today that it has entered into a placement agency agreement with Maxim Group LLC relating to the sale of the Company’s common shares (the “Placement Agency Agreement”).  Pursuant to the Placement Agency Agreement,… Continue Reading…

Economy

“Oil in New York Tops $40 With Demand Recovery Accelerating”

“Oil rallied as stronger consumption continued to push physical markets higher, even as many countries struggle to bring the coronavirus under control. Futures in New York traded above $40 a barrel on Friday and are up about 11% this week.… Continue Reading…

Banking

“Federal Debt Tops $26 Trillion for First Time; Jumps $2 Trillion in Just 63 Days”

“The debt of the federal government topped $26 trillion for the first time on Tuesday, when it climbed from $25,960,547,920,986.11 to $26,003,751,512,344.91, according to data released today by the Treasury Department. The federal debt had topped $24 trillion for the first… Continue Reading…