It was a week wherein oil futures closed at their highest levels since March and gas prices hit an eight-month high.On the news front, Southwestern Energy Company SWN reached an agreement to acquire Montage Resources MR in an all-stock transaction, while Chevron CVX announced it
Ryanair Holdings plc RYAAY will be cutting capacity by 20% for September and October due to a drop in bookings lately as coronavirus cases in some European Union countries surge. Following this news, shares of the company dipped 2.4% at the close of business on Aug 17.The cuts w
Comtech Telecommunications Corp. CMTL recently announced that Mission-Critical Technologies group, part of its Government Solutions segment, secured funding of $1.9 million to provide support to the City of Baltimore. The funding is likely to provide the requisite wherewithal fo
In recent trading, shares of Ultragenyx Pharmaceutical Inc (Symbol: RARE) have crossed above the average analyst 12-month target price of $87.31, changing hands for $87.56/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: d
Investors are always looking for stocks that are poised to beat at earnings season and Lowe's Companies, Inc. LOW may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.
In recent trading, shares of Plug Power Inc (Symbol: PLUG) have crossed above the average analyst 12-month target price of $11.62, changing hands for $12.20/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on val
In recent trading, shares of Exponent Inc. (Symbol: EXPO) have crossed above the average analyst 12-month target price of $82.67, changing hands for $83.05/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
In recent trading, shares of Mirati Therapeutics Inc (Symbol: MRTX) have crossed above the average analyst 12-month target price of $141.28, changing hands for $144.25/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
In recent trading, shares of Sealed Air Corp (Symbol: SEE) have crossed above the average analyst 12-month target price of $41.22, changing hands for $41.31/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on val
The National Bank of Hungary (NBH) is likely to leave interest rates unchanged next week based on a Reuters poll of economists, some of whom expect another cut in its base rate this year after a deeper-than-expected slump in second-quarter economic output.
Homebuilder sentiment hit a record high in August, signaling that the worst of the economic downturn is probably over. According to the National Association of Home Builders/Wells Fargo Housing Market Index, confidence in the market for single-family homebuilders bounced to its
More than 30 million Americans have become jobless during the pandemic. Although first-time claims for unemployment insurance last week fell below 1 million for the first time since Mar 21 in a sign that the labor market is continuing its recovery from the coronavirus pandemic,
Wall Street is having a dream run since Mar 23, defying coronavirus-induced economic woes, and August is no exception. All the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — have rallied 50% or more from their recent low levels recorded on Ma
Josh Black was looking for the next lucrative deal after scoring a 500% profit in a few weeks by investing in electric truck maker Nikola Corp following the announcement of its merger with a blank-check acquisition company.
As of late, it has definitely been a great time to be an investor in Atlas Air Worldwide Holdings, Inc. AAWW. The stock has moved higher by 22% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, cou
As of late, it has definitely been a great time to be an investor in Arbor Realty Trust, Inc. ABR. The stock has moved higher by 30.8% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could sugges
As of late, it has definitely been a great time to be an investor in AGCO Corporation AGCO. The stock has moved higher by 19.4% 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 that
As of late, it has definitely been a great time to be an investor in Assurant, Inc. AIZ. The stock has moved higher by 19% 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 that the s
The Philippine central bank is widely expected to pause monetary easing on Thursday after four consecutive rate cuts to save ammunition in case the economy, already in a recession, deteriorates further, a Reuters poll showed.