Nasdaq Markets

(RTTNews) - Cracker Barrel Old Country Store, Inc. (CBRL) will host a conference call at 11:00 AM ET on June 2, 2020, to discuss Q3 20 earnings results.

What a truly wild time to be an investor. Panic and uncertainty surrounding the coronavirus disease 2019 (COVID-19) pandemic initially sent the benchmark S&P 500 to its fastest bear market decline in history (it took only 17 trading sessions to fall at least 20% from its rec

(RTTNews) - U.K. stocks advanced on Tuesday as hopes of economic recovery helped offset jitters over increasingly violent social unrest in the U.S. and rising U.S.-China tensions.

(RTTNews) - Canada-based cannabis company Hexo Corp. said Monday that it's cannabis manufacturing and processing facility in Belleville, Ontario, has received a Health Canada licence amendment for the sale of dried and fresh cannabis, cannabis extracts, cannabis topicals and edi

Investors in Adaptimmune Therapeutics plc ADAP need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 19, 2020, $5.00 Put some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied

Investors are always looking for stocks that are poised to beat at earnings season and Campbell Soup Company CPB may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Campbell Soup is seeing

(RTTNews) - U.S. Cellular (USM), an 83%-owned subsidiary of Telephone & Data Systems (TDS), said that it has appointed Laurent Therivel as President and Chief Executive Officer, effective July 1, 2020.

Image source: The Motley Fool.

(RTTNews) - Ahead of Monday's holiday for Pancila Day, the Indonesia stock market had moved higher in six straight sessions, advancing more than 240 points or 5 percent along the way. The Jakarta Composite Index now sits just above the 4,750-point plateau and it's expected to op

What happened Shares of Evolent Health (NYSE: EVH) closed down 23% on Monday because the healthcare company's partner, Passport Health Plan, didn't get its Medicaid contract with the state of Kentucky renewed for 2021.

What happened Shares of electric-car maker Tesla (NASDAQ: TSLA) jumped on Monday, rising nearly 8% by the time the market closed.

DALLAS (Reuters Breakingviews) - The coronavirus lockdowns dragging on in the world’s densest cities have many urban dwellers yearning for more space. That makes a surge in people deciding to decamp to the suburbs and beyond appear likely. But at least one problem will

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of CNA Financial Corp (Symbol: CNA) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.48), with the stock changing hands as low as $29.57 on the day. D

Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of CVR Energy Inc (Symbol: CVI) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.6), with the stock changing hands as low as $19.90 on the day. Divide

Costco (NASDAQ: COST) recently announced fiscal second-quarter earnings results that included some minor letdowns for investors. Customer traffic posted a rare decline in the period despite surging demand in the early days of the COVID-19 pandemic containment efforts.

Global crisis or not, some of the world’s biggest companies’ march toward ubiquity appears unstoppable. Facebook’s (FB) V-shaped recovery since the mid-March collapse has resulted in a new all-time high, with the landmark being achieved on May 21.   

According to SunTrust Robinson analyst Youssef Squali, Facebook’s latest venture is about to propel it even further ahead.

The social media colossus recently unveiled Facebook Shops, its new eCommerce arm. Businesses are now able to use Facebook as a digital shopfront to sell their products to customers, who can do all of their online shopping directly through Facebook or Instagram without ever leaving the FB eco system.

Facebook already made its debut into the eCommerce space with the addition of Marketplace in 2016. The feature now attracts over 800 million MAUs (monthly active users), but the C2C focus has meant it has remained unmonetized. The new Shops, according to Squali’s analysis, indicates “every incremental 1 million SMEs (small to medium enterprises) could drive ~300bps of top line growth.”

So, how will Facebook make money from the new addition? Well, for one, through fees. Facebook will charge a 5% fee for sales over $8, or $0.40 otherwise on each transaction. However, this is not really where Facebook expects to monetize the platform, as it will use the fees to cover payment processing, taxes, and development.

The real opportunity is in a segment from which Facebook already derives much of its revenue – through advertising. Squali believes using Facebook Shop will be a no brainer for advertisers who “will be more willing to spend on the platform given the likely improvement in conversion, due to the seamless checkout and more accurate ROI measurability.”

Squali added, “We believe this approach for a B2C offering should start yielding green shoots relatively quickly, as FB converts a subset of the ~160 million mostly free and mostly small businesses on its platform into paying advertisers. It should also benefit from higher ad prices driven by greater advertiser bid density, the ability to close the loop and improve ROAS visibility with higher conversion rates from a fully integrated checkout.”

Accordingly, the 5-star analyst has a Buy rating on Facebook, accompanied by a $245 price target. The analyst forecasts upside potential of 6% from current levels. (To watch Squali’s track record, click here)

The view from the rest of the Street is similarly bullish. Facebook’s Strong Buy consensus rating is based on 31 Buys and 4 Holds. Yet, at $243.21, the average price target implies the analysts expect upside potential of 5% in the coming months. (See Facebook stock analysis on TipRanks)

To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the

In trading on Monday, shares of Brookfield Asset Management Inc's Cumulative Class A Preference Shares, Series 28 (TSX: BAM-PRX.TO) were yielding above the 7% mark based on its quarterly dividend (annualized to $0.6817), with shares changing hands as low as $9.71 on the day.