Stock Market

Hasbro’s quarterly sales outperformed analysts’ expectations driven by demand for its board games and toys as the coronavirus pandemic-led restrictions kept more families at home. Hasbro (HAS), which owns popular branding games like Monopoly, Scrabble and Jenga, said that net revenue increased 12.8% to $1.78 billion in the three months ended Sept. 27, surpassing the

Check out the companies making headlines midday Monday: Dunkin’ Brands — Shares of the restaurant chain spiked more than 15% after the company said it held preliminary talks regarding its potential acquisition by Inspire Brands, although the company said there’s “no certainty that any agreement will be reached.” The New York Times reported that the

by Michael Snyder Right now we are experiencing the calm before the storm.  Many Biden supporters believe that a Trump victory would literally be the worst thing that could possibly happen to our country, but at the moment most of them are quite confident that Biden will win.  Likewise, many Trump supporters are absolutely convinced

Shares in PhaseBio Pharmaceuticals (PHAS) plunged 9.5% on Friday after the company announced that it has decided to discontinue its Covid-19 trial for treatment pemziviptadil. “Ater a strategic review of the VANGARD clinical trial that included an assessment of the evolving COVID-19 treatment landscape, feedback from the U.S. Food and Drug Administration (FDA) and an

by Charles Hugh-Smith The belief that central banks printing currency can “buy/fix” everything that’s broken, lost or scarce is the ultimate in denial, fantasy and magical thinking. Let’s revisit the pandemic projection chart I prepared on February 2, 2020, nine days after authorities publicly acknowledged the Covid virus outbreak in China. Wave 2 shown on the

Aptinyx (APTX) had a roller-coaster week last week, rising on positive clinical trial results, and falling sharply after announcing an equity offering that will dilute current investors but help shore up the company’s balance sheet. In the Phase 2 study assessing NYX-783 in 153 patients with post-traumatic stress disorder (PTSD), the NMDA receptor modulator met

Which investment strategy has stood the test of time? Growth investing. The pros from Wall Street argue that stocks with outsized growth prospects reflect some of the most compelling plays out there. This growth potential extends beyond the near-term, with these names set to deliver handsome returns through 2020 and beyond.  That said, finding stocks

by psuedoPilsner The source of the chart: twitter.com/Mahesh10816/status/1320116405874782208 These pictures are examples of what is important in the Chinese Communist Party’s Blue-Gold-Yellow (BGY) program. They take advantage of all those Western politicians, celebrities, and their families who are greedy for Chinese wealth, and threaten them by getting hold of and recording their sex and drug videos,

RBC Capital upgraded PulteGroup’s stock to Buy from Hold and lifted the price target to $53 (20.5% upside potential) from $52, following the home construction company’s better-than-expected 3Q earnings and revenues. Shares rose 3.2% on Friday. On Oct. 23, RBC Capital analyst Michael Dahl said that “PHM remains well positioned on land, margins, and mix

by Saad Ullah New fall is ahead as new bearish pattern emerges on the stocks of the biggest technical company. Apple, the largest tech company by market capitalization, has been slowly declining in recent weeks. However, this is probably not the end of the bearish trend that has gripped the stock. According to a technical analysis by

The race to be first to market with a COVID-19 vaccine is far from over. However, Novavax (NVAX), so far, is the clear winner – at least on Wall Street. Shares have surged by a barely believable 2,236% year-to-date, as investors have cheered the progress of NVX-CoV2373, the company’s COVID-19 vaccine candidate. However, as with

by Martin Armstrong Documents have surfaced that indicate Hunter Biden’s signature on a receipt for $85 at a Delaware computer The Mac Shop where he dropped off laptops that included details of his international business deals and photos. The New York Post reported that Hunter Biden’s laptop was abandoned at the computer shop in April 2019 for

from Kerry Lutz’s Financial Survival Network [embedded content] Octavio Marenzi is CEO of Opimas. While the economy continues to go down hill, stock markets and real estate have been going gangbusters. The flood of money has created winners and losers. Income that was previously spent on travel is going into savings and other purchases. The Chinese travel market

Check out the companies making headlines in midday trading.  Virgin Galactic — Shares of the space tourism stock slipped more than 5% after Goldman initiated coverage on the company with a neutral rating. The firm is the only one on the Street to have less than a buy-equivalent rating on the stock. Goldman said the

Authored by Mike Shedlock via MishTalk, The Covid recession isn’t even over yet, but there is already talk of a double dip coming. Double-Dip Ahead? 1. Back-to-back, the NBER is likely to call it one big recession. Europe may call it two. 2. Short-term, I expect more silly US decoupling theories. 3. Some claim the

A trader walks past a campaign sign for U.S. President-elect Donald Trump and U.S. Vice President-elect Mike Pence on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, Nov. 9, 2016. Michael Nagle | Bloomberg | Getty Images About a third of the S&P 500 companies report earnings, including

BY JOHN RUBINO Somewhere back in the depths of the 20th century, a bunch of governors, mayors, and public sector union leaders got together and cooked up one of history’s greatest financial scams. They would offer teachers, cops, and firefighters extremely generous pensions but would avoid raising taxes to fund the resulting future obligations. Grateful workers

Apple’s (AAPL) accessories business might make up only 1 to 2% of overall sales, but Deutsche Bank analyst Jeriel Ong thinks one of the iPhone 12’s new features could drive extra revenue. The iPhone 12 comes with a new feature called MagSafe. This is an old MacBook feature now revived across the whole spectrum of

Take a look at some of the biggest movers in the premarket: Intel (INTC) — The chipmaker reported third-quarter earnings of $1.11 per share, in line with estimates. Revenue was higher than expected at $18.33 billion, while analysts surveyed by Refinitiv expected $18.25 billion. The company’s Data Center Group, however, saw revenue decline by 7%

by Michael Snyder Can you imagine how Joe Biden’s campaign team must be feeling right now?  They have been working night and day for months to put their candidate in a position to win the election, and he has been leading in most national polls.  Over the last several days they spent many hours carefully

Shares of Alaska Air Group increased 2.3% on Thursday after the airlines company managed to lower its daily cash burn to approximately $4 million in 3Q from approximately $5 million in 2Q. Meanwhile, Alaska Air (ALK) reported 3Q loss of $3.23 per share, wider than both the analysts’ loss estimate of $3.01 per share and the year-ago loss of

Traders wear masks as they work on the floor of the New York Stock Exchange as the outbreak of the coronavirus disease (COVID-19) continues New York, May 27, 2020. Lucas Jackson | Reuters The bond market appears to be waking up. After trading in a close range since June, Treasury yields are starting to break

from Kerry Lutz’s Financial Survival Network [embedded content] Dr. Jerome Corsi is back… The U.S. dollar has joined other major currencies in a race to zero value as central banks are failing, unable to preserve purchasing power in fiat currency that has lost 100% of its value since the U.S. went completely off of the gold standard

Cars are ubiquitous. Love them or hate them, you can’t get around them – or sometimes, get around without them. This makes them attractive as long-term investments for investors who know that the market, while dynamic and changing, is not going away. Deutsche Bank analyst Emmanuel Rosner has been following the state of the car

BY JOHN RUBINO US stocks are behaving amazingly well given the political and economic near-chaos of the past few months. This is probably the first recession that inflated rather than popped financial asset bubbles. Why? Because panicked governments and central banks are dumping trillions of play-money dollars into the system, a big part of which flow directly into

A visitor at Intel’s Artificial Intelligence (AI) Day walks past a signboard during the event in Bangalore, India Manjunath Kiran | Getty Check out the companies making headlines after hours Thursday: Intel — Intel shares dropped 10% after the bell on the back of mixed results for the company’s fiscal third quarter. The chip maker

AT&T reported better-than-feared quarterly sales driven by “solid” wireless and fiber broadband subscriber growth, sending shares up more than 5% in morning trading. AT&T’s (T) total revenue declined to $42.3 billion in the third quarter from $44.6 billion in the year-ago quarter, but topped the average analyst expectation of $41.59 billion. The COVID-19 pandemic impacted

Take a look at some of the biggest movers in the premarket: Coca-Cola (KO) – Coca-Cola beat estimates by 9 cents a share, with quarterly earnings of 55 cents per share. Revenue topped forecasts as well. The partial reopening of theaters and restaurants helped the company’s results, and an organic sales decline of 6% was

Lam Research Corp. reported stronger-than-expected 3Q results as revenues jumped 47% to $3.18 billion year-over-year and surpassed analysts’ expectations of $3.11 billion. The company’s top-line mainly benefited from increased demand for memory chips across personal computers, storage and networking categories driven by COVID-19 pandemic-led remote working and online learning trend. Lam’s (LRCX) 1Q adjusted EPS

Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Netflix — The entertainment stock sank 6.5% after missing Wall Street expectations for third-quarter earnings and subscriber additions. Netflix added 2.2 million subscribers globally