CFRA’s Sam Stovall sees a troublesome seasonal pattern that affects August and September.
Schlagwort-Archiv: Financial
Stocks open flat as coronavirus relief talks continue
Stocks fell as lawmakers try to make inroads on a new coronavirus stimulus package and tech shares gave back some of their gains from Monday
Stocks making the biggest moves in the premarket: Twitter, Alphabet, Regeneron, Sony & more
The stocks making the biggest moves in premarket trading include Twitter, Alphabet, Regeneron, Sony, and more.
AIG quarterly profit tumbles on catastrophe losses, private-equity losses
Insurer AIG posted a 56% fall in quarterly adjusted earnings, spurred partly by higher catastrophe losses and lower private-equity returns.
Take-Two raises sales forecast as videogames get stay-at-home boost
Take-Two Interactive Software raised its fiscal year adjusted sales forecast after beating quarterly estimates on demand for its videogame franchises „Grand Theft Auto“ and „NBA 2K“ from people stuck at home due to lockdowns.
Clorox posted its highest sales growth in ‚modern history‘ last fiscal year, CEO says
Clorox is seeing „broad-based strength“ in the midst of the coronavirus pandemic, CEO Benno Dorer told CNBC.
Move over Nikola: A new electric truck SPAC called Lordstown is forming and the shares are surging
The latest deal between a SPAC and electric vehicle start-up was announced on Monday, when DiamondPeak Holdings said it would merger with Lordstown Motors.
Virgin Galactic partners with Rolls-Royce as it looks to build an aircraft for supersonic air travel
Space tourism venture Virgin Galactic announced it signed an agreement with Rolls-Royce to develop an aircraft for supersonic travel.
HSBC’s first-half profits miss expectations as bank sets aside more funds for loan losses
HSBC reported a 65% fall in pre-tax profits for the first half of 2020 to $4.3 billion — missing analysts‘ expectations.
Stocks making the biggest moves in the premarket: ADT, Google, Clorox, Eli Lilly, Marathon Petroleum & more
The stocks making the biggest moves in premarket trading include ADT, Google, Clorox, Eli Lilly, Marathon Petroleum, and more.