Hurricane Laura, which made landfall on Aug 27 near the Texas-Louisiana border as a Category 4 storm, has left a path of destruction in its wake. As the wind gusts from this catastrophic storm caused widespread structural damage, particularly in the state of Louisiana, more than
After a confused and volatile reaction to the Federal Reserve's formal adoption of an average inflation target, it took Asian and European traders to embrace the signal and take the dollar lower.
American Water Works AWK, through a wide and extensive network, provides water and wastewater services to more than 15 million customers. The company is poised to benefit from systematic capital expenditure and acquisitions to further expand footprint across the United States.We
Gearing up for a key election next year, Mexican President Andres Manuel Lopez Obrador has wielded corruption as both a stick with which to beat political adversaries, and a lightning rod to deflect criticism from his record in office.
Darden Restaurants, Inc. DRI is poised to benefit from digitalization, menu innovation and other sales-building initiatives. Also, solid performance by Olive Garden and LongHorn Steakhouse segments along with operational readjustments are adding to the upside.In the past three m
Edison International (Symbol: EIX) has been named as a Top 10 dividend paying utility stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among utilities, EIX shares displayed both attractive valuation metrics and s
Crestwood Equity Partners LP (Symbol: CEQP) has been named as a Top 25 dividend stock, according the most recent Dividend Channel ''DividendRank'' report. The report noted that among the coverage universe, CEQP shares displayed both attractive valuation metrics and strong pr
Big Lots (BIG) came out with quarterly earnings of $2.75 per share, beating the Zacks Consensus Estimate of $2.71 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.
U.S. Federal Reserve chair Jerome Powell tried to address economic inequalities in his landmark policy move. Still the Fed holding rates lower-for-longer may support bulging asset prices - which is unlikely to benefit the neediest and could well widen the wealth gap in the near term.
U.S. technology giants are increasingly dominating the stock market in the midst of the coronavirus pandemic, even as they draw accusations of unfair business practices, and some investors fear the pump is primed for a tech-fueled sell-off.
U.S. steel imports shot up in July on a monthly comparison basis, but were down year over year for the first seven months of 2020 — according to the latest American Iron and Steel Institute ("AISI") report.The association of North American steel makers noted that total domesti
As of late, it has definitely been a great time to be an investor in Celsius Holdings, Inc. CELH. The stock has moved higher by 42.1% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest
As of late, it has definitely been a great time to be an investor in Conduent Incorporated CNDT. The stock has moved higher by 83% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest th
Turkey's economy is expected to have severely contracted nearly 12% in the second quarter due to the coronavirus lockdown, a Reuters poll showed on Friday, logging its worst year-over-year performance in more than a decade.
Japanese Prime Minister Shinzo Abe's signature shock-and-awe 'Abenomics' stimulus strategy was already faltering even before Friday's news that he will be stepping down for health reasons.
China's factory activity likely expanded at a slightly faster pace in August, fuelled by rising infrastructure spending and improving global demand, a Reuters poll showed on Friday, as the Chinese economy continues to recover from the coronavirus crisis.
Japan's factory output likely grew for a second straight month in July, signalling a gradual recovery from the blow delivered by the coronavirus pandemic, a Reuters poll of 17 economists showed on Friday.
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