Zillow Group, Inc. ZG recently announced that it has resumed home buying for Zillow Offers in another five of its existing markets.Notably, homeowners from Los Angeles and Riverside in California as well as Minneapolis, Cincinnati and Orlando will now be able to sell their homes
The Allstate Corporation ALL has agreed to acquire National General Holdings Corporation, a specialty personal lines insurance holding company, for a deal value of approximately $4 billion in cash or $34.50 per share. This move is in line with the company’s long-term strategy
In a move to deliver secure and high-speed Wi-Fi, CommScope Holding Company, Inc. COMM recently introduced the Wireless Rapid Deployment Unit (“RDU”). The best-in-class solution has been designed by CommScope’s Professional Services Team to meet increasing demand for a mob
A look at the weighted underlying holdings of the WisdomTree U.S. Total Dividend Fund (DTD) shows an impressive 20.3% of holdings on a weighted basis have experienced insider buying within the past six months.
Valero Energy Corp (Symbol: VLO), which makes up 0.19% of the Wis
Uber Technologies, Inc. UBER is launching grocery-delivery services in some Latin American and Canadian cities as demand for grocery deliveries surges amid the coronavirus pandemic. The company has witnessed a 176% rise in grocery orders since February.Uber has partnered with Co
The Bank of New York Mellon Corporation BK has developed a new foreign-exchange (FX) solution enabled by application programming interface (API) in collaboration with Deutsche Bank DB. This solution aims to reduce the confirmation times for restricted emerging-market currency tr
United Airlines Holdings, Inc. UAL is witnessing reduced demand to some domestic destinations following a surge in COVID-19 cases as well as new quarantine requirements.At a Town Hall on Jul 6, management informed that the company’s June consolidated capacity was down approxim
Intercontinental Exchange, Inc.’s ICE ICE Data Services has partnered with BondLink to provide issuers a cloud-based market data dashboard on a real-time basis. The launch of the municipal bond market data package is expected in July 2020.Boston, MA based BondLink is a venture
COVID-19 has been putting billions of lives in danger. The biological hazard has also roiled the global economy, with stock markets experiencing turbulence. Likewise, the U.S. economy has been on a roller-coaster ride so far this year. The fiscal year began on a bright note but
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Cullen/Frost Bankers, Inc. (Symbol: CFR). The average 12-month price target for CFR — averaging the work of 10 analysts — reveals an average price target of $77.50
In recent trading, shares of argenx SE (Symbol: ARGX) have crossed above the average analyst 12-month target price of $243.73, changing hands for $245.40/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
In recent trading, shares of Check Point Software Technologies, Ltd. (Symbol: CHKP) have crossed above the average analyst 12-month target price of $111.72, changing hands for $115.88/share. When a stock reaches the target an analyst has set, the analyst logically has two way
The coronavirus pandemic has wreaked havoc in at least 188 countries and territories, causing severe harm to lives and economies. In response, central banks in many countries slashed interest rates to make borrowing cheaper and encourage spending to boost the economy.Global mark
SiriusXM SIRI is nearing a $300 million deal to buy the Stitcher podcasting platform from broadcaster The E.W. Scripps SSP for about $300 million, per a Wall Street Journal report.Stitcher will provide yet another way for Sirius XM to expand its audience further from 34.8 millio
Investors in L Brands, Inc. LB need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 18, 2020 $15.00 Put had some of the highest implied volatility of all equity options today.
Walmart Inc. WMT 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 breaks the recent trend of the company, as the stock is now trading above
The one thing that has gained immense popularity amid the coronavirus pandemic is undoubtedly the work-from-home trend. Though prior to this virus outbreak, work from home was a concept in practice in just a few companies, it has now emerged as a megatrend and is set to remain s
Canadian and U.S. cannabis companies are facing a spike in already high costs of insurance to protect top executives from personal liability, following a slew of lawsuits by disgruntled investors alleging fraud and misinformation, with more such action expected.
Around four-fifths of German firms with foreign exposure have experienced a collapse in revenues as a result of the coronavirus crisis, and 93% expect global economic conditions to improve only in 2021 or later, according to a survey.