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Tilray Shares Rocket Higher After Combining With Aphria To Form Largest Cannabis Firm
Wednesday, December 16, 2020 - 11:01am | 2213Read More...Can “turnaround Tuesday” extend to Wednesday? Early signs are pointing green. Spillover optimism rules the roost as investors wait to see if there’s a stimulus deal. The other big question of the day is whether the Fed can put together the right combination of words and deeds to...
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McDonald's Setting the Tone Early As Strong Same-Store Sales Hint At Folks Going Back To Work
Thursday, October 8, 2020 - 10:14am | 2154Read More...If there were one word to describe market activity this week, it might be “shrug.” From the on-again-off-again stimulus talks, to the president’s battle with COVID-19, to the big election (and a big earnings season) just around the corner, there’s a whole host of...
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UPDATE: Bank of America Upgrades Jabil Circuit to Buy rating
Tuesday, May 15, 2012 - 7:28am | 87Read More...According to a research report this morning, Bank of America upgrades its rating on Jabil Circuit (NYSE: JBL) to Buy following a newly expanded relationship with Apple (NASDAQ: AAPL). Bank of America explained, “Apple has been a 10% customer for the past two quarters, and the relationship is...
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Jobless Claims Report Likely to Weigh On Stocks;Financials like Citigroup (C) Under Pressure
Thursday, December 17, 2009 - 10:13am | 122Read More...A report from the Labor Department on Thursday showing that first-time filings for unemployment insurance rose more than expected could weigh on stocks today. Initial jobless claims rose by 7,000 to 480,000 in the week ended Dec. 12, from a downward-revised 473,000 the prior week. Analysts had...
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BofA (BAC) Expected Higher After Board Appoints CEO
Thursday, December 17, 2009 - 5:31am | 122Read More...Bank of America (NYSE:BAC) is likely to rise today after the bank's board appointed Brian Moynihan as president and chief executive, ending an 11-week search for a replacement for Kenneth Lewis. Moynihan had previously been running the bank's consumer and small business operations, and he had been...
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The Week That Was - Week ending 16-Oct-09
Monday, October 19, 2009 - 12:01am | 347Read More...Though the market aggregate reacted positively throughout the week, the Bank of America (BAC) reported loses, posting a quarterly EPS of -$0.26 versus expectations of -$0.20. Leading the gaining sectors last week were the energy companies (+5.2%) with the oil prices surging to its highest levels...
