Pebblebrook Hotel Trust PEB continues to reopen its hotel properties as severe lockdown policies are gradually being given relaxations. The company has resumed operations at an additional urban hotel since Aug 17, bringing the total number of open hotels and resorts to 35. These
Last night’s first 2020 U.S. presidential debate fanned concerns over the election itself and the likelihood of a protracted battle after election day. The fallout of the debate kicked the level of political uncertainty up even further.
Steadily declining price of solar photovoltaic (PV) modules over the past decade has played the role of a key catalyst driving module shipment in the United States. Per a report by the U.S. Energy Information Administration (EIA), the average value of solar PV module shipments,
TowneBank TOWN has been struggling lately, but the selling pressure may be coming to an end soon. That is because TOWN recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
Global funds recommended cutting equity allocations to the lowest since early 2010 and increasing bond holdings to their highest since then, according to a September Reuters poll which found a correction in world stocks before year-end was likely.
Investors in SunPower Corporation SPWR need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 15, 2021 $15.00 Call had some of the highest implied volatility of all equity options today.
Spirit of Texas Bancshares, Inc. STXB has been struggling lately, but the selling pressure may be coming to an end soon. That is because STXB recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
Renewable Energy Group, Inc. REGI was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the sto
Goldman Sachs GS plans the restructuring of its business lines in commensurate with the strategy which was unveiled earlier this January, with reshuffling of the bank’s business units and a number of changes in management. Per the strategic plan, the merchant banking and asset
It seems to be a wise idea to add Northrim BanCorp, Inc. NRIM stock to your portfolio now amid the coronavirus pandemic, given the strength in the company’s fundamentals and solid prospects. Moreover, its steady capital-deployment activities reflect a strong balance-sheet posi
Eagle Bancorp, Inc. EGBN recently announced the reinstatement of its share-repurchase program. The buyback plan was suspended in the first quarter of 2020 in the wake of business disruptions caused by the coronavirus pandemic.
JPMorgan JPM has agreed to pay a penalty of $920 million to fully settle the probes related to “historical trading practices by former employees in the precious metals and U.S. treasuries markets, and related conduct between 2008 and 2016.” The company also admitted to wrong
SYNNEX SNX delivered stellar third-quarter fiscal 2020 results, wherein its top and bottom lines surpassed respective the Zacks Consensus Estimate and marked year-over-year improvements as well. The company’s fiscal third-quarter non-GAAP earnings of $3.33 per share topped the
The Philippine central bank is expected to keep key interest rates unchanged on Thursday while assessing future moves after some aggressive policy easing this year to support the pandemic-ravaged economy, a Reuters poll showed.
Despite a 30% rise since the March 23 lows of this year, at the current price of around $83 per share, we believe that Duke Energy (NYSE:DUK) stock has more upside potential. The stock has risen from $64 to $83 off the recent bottom, underperforming the S&P which moved ov
Snowflake (NYSE: SNOW), the cloud-based data warehousing company that went public recently, is valued at about $60 billion, or about $220 per share. The company trades at a whopping 230x trailing Revenues – well above many other high-growth SaaS names. Can Snowflake justify
Our indicative theme on Cryptocurrency Stocks – which includes semiconductor, payments, and brokerage players who have exposure to bitcoin and cryptocurrencies – gained about 5% over the last week on an equally weighted basis and is up a solid 80% year-to-date. This comp
Singapore's central bank will likely keep policy settings steady in October on hopes the economy will recover as the financial hub further loosens coronavirus curbs and on expectations fiscal policy will be the main driver of a rebound, a Reuters poll showed.
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