‘They Blew It’: Wall Street Reacts to Fed’s Emergency Cut
Daily Investor Insights
by mark benson
4y ago
‘They Blew It’: Wall Street Reacts to Fed’s Emergency Cut By Andreea Papuc, Sarah Ponczek, and Anchalee Worrachate March 15, 2020  JonesTrading’s O’Rourke points to market, says Fed ‘blew it’  UBS Global Wealth reckons economies can recover this year The Federal Reserve’s shock interest-rate cut and bond-buying program rippled through global markets on Monday, with S&P 500 Index futures falling by the most allowed and Treasury yields plunging at the start of what promises to be another volatile week. Early reaction to the Fed moves on Wall Street was mixed. Some said th ..read more
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Is There Really a Toilet Paper Shortage?
Daily Investor Insights
by mark benson
4y ago
Is There Really a Toilet Paper Shortage? The household staple has consistently been out of stock during the coronavirus outbreak. Manufacturers may not be willing to increase supplies.   Empty toilet paper shelves have become a familiar sight at stores like this Costco in Teterboro, N.J., during the coronavirus pandemic. Credit…Seth Wenig/Associated Press By Michael Corkery and Sapna Maheshwari March 13, 2020 If there’s one image that captures the panic seeping through the United States this week, it might be the empty store shelves where toilet paper usually sits ..read more
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Gap’s New CEO Revealed Her Game Plan to Turn Around the Struggling Company After Transforming Old Navy into the Second Largest Apparel Retailer In the Country
Daily Investor Insights
by mark benson
4y ago
Gap’s new CEO revealed her game plan to turn around the struggling company after transforming Old Navy into the second largest apparel retailer in the country Bethany Biron March 14, 2020 After 15 years with the company and four years as CEO at Old Navy, Sonia Syngal is preparing to take over at the helm at Gap Inc. and has high hopes to turn around the ailing retailer. Syngal, who took over as CEO on March 13, helped Old Navy become the second largest apparel retailer in the country. Now she wants to bolster the rest of the Gap Inc. portfolio… Read more   The post Gap’s New CEO ..read more
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Adobe, DocuSign and Slack Suggest They Aren’t Seeing a Big Coronavirus Impact — For Now
Daily Investor Insights
by mark benson
4y ago
Adobe, DocuSign and Slack Suggest They Aren’t Seeing a Big Coronavirus Impact — For Now The enterprise software vendors generally issued top-line guidance that wasn’t too far removed from analyst estimates. ERIC JHONSA MAR 13, 2020  For now at least, enterprise software vendors are maintaining a cautiously optimistic tone about how significantly their sales will be hurt by the coronavirus outbreak. Adobe (ADBE) – Get Report, whose stock is up over 8% after it beat February quarter estimates and issued May quarter sales guidance that was just slightly below consensus, said on its earnin ..read more
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Charles Schwab (SCH): +10.1%
Daily Investor Insights
by mark benson
4y ago
The post Charles Schwab (SCH): +10.1% appeared first on Daily Investor Insights - Curated Stock Market Perspectives and Individual Stocks ..read more
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Oracle (ORCL): +13.2%
Daily Investor Insights
by mark benson
4y ago
The post Oracle (ORCL): +13.2% appeared first on Daily Investor Insights - Curated Stock Market Perspectives and Individual Stocks ..read more
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Tilray (TLRY): -22.7%
Daily Investor Insights
by mark benson
4y ago
The post Tilray (TLRY): -22.7% appeared first on Daily Investor Insights - Curated Stock Market Perspectives and Individual Stocks ..read more
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Two Companies Are Making Progress on Coronavirus Treatments. The Stocks Aren’t Responding.
Daily Investor Insights
by mark benson
4y ago
Two Companies Are Making Progress on Coronavirus Treatments. The Stocks Aren’t Responding. By Daren Fonda March 9, 2020  Gilead Sciences and Regeneron Pharmaceuticals are both making progress in developing treatments for coronavirus, according to a report published Monday by Leerink Research. But the stocks were off more than 4% in afternoon trading, a sign that investors remain skeptical…. Read more The post Two Companies Are Making Progress on Coronavirus Treatments. The Stocks Aren’t Responding. appeared first on Daily Investor Insights - Curated Stock Market Perspectives and In ..read more
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Waste Management (WM) and Waste Connections (WCN): Goldman Sachs Downgrades Both Stocks to NEUTRAL
Daily Investor Insights
by mark benson
4y ago
The post Waste Management (WM) and Waste Connections (WCN): Goldman Sachs Downgrades Both Stocks to NEUTRAL appeared first on Daily Investor Insights - Curated Stock Market Perspectives and Individual Stocks ..read more
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Italy Leads Sharp Rebound for European Equities as Governments Start to Step Up Coronavirus Support
Daily Investor Insights
by mark benson
4y ago
European stocks rebounded Friday, on the heels of an historic losing day, as more support appeared for hard-hit economies in the region, while several exchanges banned banned short selling of hard-hit Spanish and Italian equities. U.S. stock futures pointed to a strong rally on Wall Street as investors there waited for a coronavirus aid package from Congress. The Stoxx Europe 600 index XX:SXXP surged 8% to 319.87, after recording its worst-ever loss of 11% on Thursday, with record slumps for other indexes as well. The FTSE MIB Italy index IT:I945 soared 17%, reversing an equal loss on Thursda ..read more
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