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
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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
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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
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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
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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
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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,
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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
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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
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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
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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
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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
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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%
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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
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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
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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
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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
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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
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