The Philippine central bank is expected to hold interest rates steady on Thursday, with liquidity in the economy still ample and despite a deeper-than-expected contraction in third-quarter gross domestic product, a Reuters poll found.
Airlines are scrambling to prepare ultra-cold shipping and storage facilities to transport COVID-19 vaccines developed by Pfizer and Moderna, whose doses, which require deep freezing, are likely to be among the first to be distributed.
Berkshire Hathaway Inc's new bet on the U.S. pharmaceutical industry signals hope for shares of large drug companies, which have lagged a broad market rally amid concern about efforts to rein in prescription drug prices.
Are These The Best Stocks To Watch For A Trade Tomorrow? Since the stock market crash in March due to the coronavirus, some of the top stocks to watch have rebounded strongly. The S&P 500 index has posted a 62% increase from the market bottom in March. In November the Dow is
Our indicative theme of Housing Stocks is up a solid 25% year-to-date, versus 11% for the S&P 500, as the housing market continues to boom, despite surging coronavirus cases. As of Q3, the median price of a single-family home in the U.S. is up 12% from a year ago to $313,500,
Albemarle Corporation (NYSE:ALB) – a chemical company that is also one of the largest players in the lithium space – has seen its stock rally by over 30% over the last two weeks, trading at levels of about $123 currently. There are a couple of factors driving the su
After a 280% rally from 23rd March, we believe there may be better places for your money than Snap’s stock (NYSE:SNAP) at the present time based on its valuation. Snap’s stock has rallied from $11 to $40 off the recent bottom compared to the S&P which move
Advancement in vaccine development and new therapeutics have lifted broader markets, but tepid air travel demand continues to weigh on Boeing (NYSE: BA). In the third-quarter earnings report, the company reduced the 10-year commercial market deliveries by 11% to 17,000 aircraft
Despite a 47% rise since the March lows, at the current price of around $38 per share we believe Boston Scientific stock (NYSE: BSX), has more room for growth in the near term. BSX stock has rallied from $26 to $38 off the recent bottom compared to the S&P which moved 60% o
We believe that Flowserve Corporation stock (NYSE: FLS), a manufacturer of pumps and valves, may be a good opportunity at the present time. FLS stock trades near $33 currently and it is, in fact, down 36% so far this year (from $51 at the beginning of 2020). It traded at $46 in
After rising almost 120% from its March lows of this year, at the current price of almost $11, US Steel Corp stock (NYSE: X) looks highly overvalued. US Steel stock rallied from $5 to $11 off its recent bottom, compared to the S&P 500 which increased 60% from its recent low
On Monday, Moderna (NASDAQ: MRNA) stock rallied by over 10% after the company said that its Covid-19 vaccine – which is based on messenger RNA technology – was 94.5% effective based on preliminary data. Investors have good reason to be optimistic about Moderna for m
Target (NYSE: TGT) is scheduled to report its fiscal third-quarter results on Wednesday, November 18. We expect Target to likely beat the revenue and earnings expectations, driven by a boost in products related to in-home activities, such as home office and entertainment needs.
The market dipped on Tuesday after once again climbing to new highs to start the week. Monday’s jump was spurred by the second positive coronavirus vaccine news in as many weeks, this time from Moderna. The dual announcements help Wall Street remain bullish even as cases rise i
Barfresh Food Group Inc. BRFH came out with a quarterly loss of $0.01 per share in line with the Zacks Consensus Estimate. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.
The euro zone is on track for its first double-dip recession in nearly a decade, according to a Reuters poll of economists which points to a more muted recovery next year despite expectations for 500 billion euros of additional monetary stimulus.
Do You Have These Top E-Commerce Stocks On Your Q4 2020 Watchlist?E-commerce stocks have been some of the biggest winners in the stock market this year. The COIVID-19 pandemic has forced traditional retail stores to close their doors, which harshly impacted the entire retail sect
HEXO (HEXO) closed at $0.76 in the latest trading session, marking a +1.86% move from the prior day. This change outpaced the S&P 500's 0.48% loss on the day. Meanwhile, the Dow lost 0.56%, and the Nasdaq, a tech-heavy index, lost 0.21%.
Frontline (FRO) closed the most recent trading day at $6.65, moving -1.77% from the previous trading session. This change lagged the S&P 500's 0.48% loss on the day. At the same time, the Dow lost 0.56%, and the tech-heavy Nasdaq lost 0.21%.