For obvious reasons, the HealthCare sector has been extremely resilient during the Covid-19 shutdown, having given up just a bit over 3% over the past three months versus losses of 10-30% in many other segments of the broad equity markets.
As of late, it has definitely been a great time to be an investor in Ameriprise Financial, Inc. AMP. The stock has moved higher by 19.8% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could sugg
As of late, it has definitely been a great time to be an investor in Genmab A/S GMAB. The stock has moved higher by 29.6% 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 st
On May 19, two of the biggest carriers in the United States — Southwest Airlines Co. LUV and United Airlines Holdings, Inc. UAL — reported slower ticket cancellations and an uptick in demand for tickets, with the summer vacation season approaching. Also, Delta Air Lines, Inc
As of late, it has definitely been a great time to be an investor in Celestica Inc. CLS. The stock has moved higher by 21.9% 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
Stanley Black & Decker, Inc. SWK yesterday provided an update on its second-quarter revenues, while taking part in JPMorgan Homebuilding & Building Products conference.The indication of a rise in the expectation for second-quarter revenues has lifted sentiments for the s
Facebook, Inc. FB on May 19 rolled out Facebook Shops. The new feature is aimed at businesses which can display and sell their products on the social media platform, said the company’s Chief Executive Mark Zuckerberg.
Santander Consumer USA Holdings Inc. SC has agreed to a settlement of nearly $550 million with a group of attorneys general over malpractices in its subprime auto lending business. The attorneys general represent 33 states and the District of Columbia.The states accused Santande
SEI Investments Co.’s SEIC strong global presence, solid assets under management (AUM) balance, and diversified products and services will continue to aid growth. Moreover, rising demand for the SEI Wealth Platform (“SWP”) across several financial institutions will likely
Air Products and Chemicals, Inc. APD announced that it signed a definitive deal to invest roughly $2 billion for a world-scale coal-to-methanol manufacturing facility in East Kalimantan, Indonesia.
The economic and financial research and analysis industry has been busy over the past three months, calculating the devastation that the deadly coronavirus has caused globally and especially in the U.S. economy.Several opinions are emerging about the time and path of recovery. S
Shares of Cimpress plc CMPR have declined since the beginning of this year. The decline in share price primarily reflects the adverse impacts of the coronavirus pandemic on the company’s operational performance.Notably, Cimpress belongs to the Zacks Consumer Services - Miscell
Urban Outfitters Inc. URBN released preliminary first-quarter fiscal 2021 results, wherein it reported loss per share. Also, the top and the bottom line declined from the year-ago quarter. Margins were also dismal in the reported quarter.Management informed that “These prelimi
Shares of Wheaton Precious Metals Corp. WPM scaled a fresh 52-week high of $47.05 during the trading session on May 19, before retracting a bit to close at $46.70. The company’s continued focus on mine expansions, strong financial position and higher gold prices contributed to
The Zacks Oil and Gas - US E&P industry consists of companies based in the United States focused on exploration and production (E&P) of oil and natural gas. These firms are engaged in finding hydrocarbon reservoirs, drilling oil and gas wells, and producing and selling t
In a market where complacency levels may falter any time if there is a second wave of virus contagion and medical metrics worsen, picking the right stock is a challenge. The metric return on equity goes a long way in resolving this issue.
Very recently, the Fed notified that the current coronavirus-related economic downturn is totally different from those that we faced before. Fed Chair Jerome Powell in a speech said, “earlier in the post-World War II period, recessions were sometimes linked to a cycle of high
Eastman Chemical Company EMN benefits from its cost-management actions, innovation-driven growth model and synergies of acquisitions amid challenges including a difficult demand environment.Shares of the chemical maker are down 9.5% in the past year, compared with a 22.6% declin
Tsingshan Holding Group, the world's biggest stainless steel producer, has sold the entire output of its Chinese plants through June, said two sources familiar with its sales, a sign of potentially strong domestic demand for the metal
Merit Medical Systems MMSI is gaining traction on portfolio expansion and solid prospects in its Peripheral Intervention unit. However, tough competition has been offsetting the positives to some extent.