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How to pick winners in the retail sector amid the pandemic

  • How to pick winners in the retail sector amid the pandemic How to pick winners in the retail sector amid the pandemic 3:59
    Should I rent or own property? Should I rent or own property? 1:43
    Macy's Star Shone Bright for Over 150 Years. Now It's Flickering Macy's Star Shone Bright for Over 150 Years. Now It's Flickering 7:48
    The End of the Mad Rush: How 2020 Is Reshaping Black Friday The End of the Mad Rush: How 2020 Is Reshaping Black Friday 6:27
3:53 p.m. Today - Barrons.com
Here are the European Stocks With Pricing Power to Benefit When Pandemic Ends, Says Citigroup With vaccination well under way, there’s growing anticipation that the Covid-19 pandemic’s impact on day-to-day lives will soon end.
3:44 p.m. Today - Barrons.com
Semiconductor Company ASML Beat Expectations, Sending the Stock Surging. Why It Could Drop. The Dutch company is a critical supplier to major chip makers, including Intel, TSMC, and Samsung Electronics.
3:43 p.m. Today - MarketWatch.com
Biden administration puts temporary halt to oil, gas leases in Arctic refugePresident Joe Biden's administration announced plans Wednesday for a temporary moratorium on oil and gas leasing in Alaska's Arctic National Wildlife Refuge after the Trump administration issued leases in a part of the refuge considered sacred by the Indigenous Gwich'in.
3:31 p.m. Today - Barrons.com
Luxury Stocks Rise as Burberry and Richemont Show Signs of Recovery Investors were encouraged by updates from British fashion group Burberry and Cartier owner Compagnie Financière Richemont.
1:43 p.m. Today - Barrons.com
ACI Worldwide Weighs Its Options. It Could Sell for as Much as $6.26 Billion. Just weeks after an activist firm urged ACI Worldwide to put itself on the block, the payments-software provider is weighing strategic options, including a sale.
1:22 p.m. Today - MarketWatch.com
Why Tesla is not a safe stock for long-term investors  Supercharged sentiment driving Tesla shares leaves little room for error.
12:34 p.m. Today - Barrons.com
Why Alphabet and Other Big Tech Stocks Rallied Tech titans’ stocks rallied a investors appeared optimistic with their prospects under the new administration of President Joe Biden.
12:26 p.m. Today - By Claudia Assis
United Airlines posts nearly $2 billion in quarterly lossesUnited loses nearly $2 billion in its fourth straight quarter of losses amid pandemic-related travel restrictions and fears.
11:44 a.m. Today - By Fang Block
French Illustrator Pierre Le-Tan’s Collection Going Up for AuctionThe 400-lot Sotheby’s sale includes 40 of his own works
11:19 a.m. Today - Barrons.com
Stocks Close at New Records as Biden Becomes President Tech stocks led the charge, with the Nasdaq closing up 2%
10:50 a.m. Today - Barrons.com
Snowflake Is Cheaper, but Not Cheap Enough Snowflake’s still-high valuation leaves analysts cautious even though the shares have fallen by one-third from their peak six weeks ago.
10:13 a.m. Today - By Lina Saigol
Burberry sales fall as COVID forces store closures, but strong Asia growth buoys investorsBritish luxury-goods group Burberry warned that the spread of new strains of coronavirus could lead to more disruption for the business.
10:12 a.m. Today - By Tonya Garcia
Amazon Prime member total reaches 142 million in U.S. with more shoppers opting in for a full year, data showsGlobal e-commerce sales were $4.28 trillion in 2020 with a 14.3% increase expected in 2021, according to eMarketer.
10:12 a.m. Today - By Jack Denton
Audi is betting on the luxury market in a new electric-vehicle venture with China's oldest car makerAudi and FAW, China’s oldest car maker, have started a new company to produce premium, fully-electric vehicles in northeastern China, in a bet on the world’s largest car market.
10:11 a.m. Today - By Tonya Garcia
German-based Mytheresa joins growing list of e-commerce retailers going publicMany retailers filed for bankruptcy in 2020, but digital retailers aim to take advantage of the online shift
9:47 a.m. Today - Barrons.com
How Rent-A-Center Stock Can Gain 80%: Fund Manager The market hasn’t fully appreciated what Mitch Fadel’s return to Rent-A-Center has meant for the company, or what its recently announced acquisition of Acima will do.
9:27 a.m. Today - By Jack Denton
Regulators have hit PC gaming giant Valve with a $2 million fine for breaking antitrust rules on SteamGaming giant Valve has been hit with a €1.6 million ($2 million) fine after European Union regulators ruled it helped restrict cross-border sales on Steam, the world's largest online platform for PC games.
8:49 a.m. Today - Barrons.com
Three More Companies File to Go Public. One Makes a Covid-19 Test. PurposeBuilt Brands, Lucira Health, and Signify Health are joining the recent flurry of companies doing initial public offerings.
8:41 a.m. Today - Barrons.com
Intel Says It Will Top Sales Guidance. Here’s How Much the Beat Could Be. Susquehanna Financial Group analyst Christopher Rolland calculated that Intel would generate $600 million to $700 million more in fourth-quarter sales than expected.
8:29 a.m. Today - By Tonya Garcia
Avocado price drop drives down Mission Produce revenueMission Produce beat expectations in its first earnings report after going public in October.
8:21 a.m. Today - Barrons.com
A Short Seller Pans Plug Power Stock. But Wall Street Disagrees. Kerrisdale Capital Management has a short position in Plug Power stock. It outlined why in a lengthy report released Wednesday.
8:05 a.m. Today - By Tomi Kilgore
GameStop's stock drops, ahead of short seller's livestream on 5 reasons to sellShares of GameStop Corp. dropped 2.2% in afternoon trading Wednesday, after well-known short seller Citron Research said it will livestream a bearish call on the video game seller, after the recent rocket ride. The livestream, which was , was rescheduled to Thursday so as The stock has run up 104.4% just this month, after the company reached an agreement with an activist investor on a board shake up and reported strong holiday sales, which . Citron said it will give five reasons why buyers of GameStop's stock at current levels "are the suckers at this poker game." Citron said it believes the stock will fall "fast" back to $20. The stock has nearly tripled (up 177.8%) over the past three months, while the S&P 500 has gained 11.8%.
7:16 a.m. Today - Barrons.com
Why Beyond Meat Sales Could Struggle This Year Several factors are working against the plant-based protein maker this year, analysts warn. Blame the pandemic.
7:03 a.m. Today - By Tomi Kilgore
Bank of New York Mellon's stock drops to lead S&P 500 losers after profit missShares of Bank of New York Mellon Corp. dropped 7.0% in midday trading Wednesday, enough to pace the S&P 500's decliners, after the bank reported fourth-quarter profit that fell more than forecast as continued low interest rates hurt results. The stock was on track for the biggest one-day loss since March 16, 2020, when it plunged 14.5% as the COVID-19 pandemic weighed. The bank reported net income that fell to $702 million, or 79 cents a share, from $876 million, or 98 cents a share, in the year-ago period, missing the consensus analyst EPS estimate of 88 cents, according to FactSet. The bank said the results included $159 million, or 18 cents a share, in litigation, severance, losses on business sales and real estate charges, and a $460 million, or 50 cents a share, gain on the sale of an equity investment. Chief Executive Todd Gibbons said he expects low interest rates will be "a significant headwind" in 2021. The stock has advanced 14.9% over the past three months, while the SPDR Financial Select Sector ETF has rallied 24.3% and the S&P 500 has gained 11.6%.
6:20 a.m. Today - Barrons.com
Ford Has a Hidden Asset Just Like GM. Its Stock Could Rise Soon Too. GM stock is at record highs. Ford shares aren’t. But Ford has some things going for it that can drive shares higher, including a valuable investment in an EV start-up.
6:10 a.m. Today - Barrons.com
Intel Reports Earnings Tomorrow. Here’s What to Expect. Intel is expected to report its largest annual sales in its history on Thursday. But the chip giant’s future will be the focus.
5:13 a.m. Today - Barrons.com
Beaten-Down Coca-Cola Stock Looks Like a Buy, Bernstein Says The beauty industry has embraced social media, acquisitions, and direct-to-consumer sales in a way that can provide a blueprint for others, analyst Callum Elliot argues.
5:05 a.m. Today - By Jacob Passy
Home builder confidence falls amid rising COVID-19 cases, higher prices for materialsA number of factors are making it harder to build homes right now, which is bad news for buyers.
5:03 a.m. Today - Barrons.com
Utz’s Acquisitions Make the Stock a Buy, Says Citigroup Citigroup analyst Wendy Nicholson raised her price target on Utz Brands stock to $26 with the buys of Truco Enterprises and Vitner’s. Utz stock has recently doubled.
4:58 a.m. Today - Barrons.com
Fastenal’s Earnings Highlight Improving Strength of Industrial Economy The company’s sales usually speed up and slow down in lockstep with overall industrial activity. The latest signal is so far, so good.
4:49 a.m. Today - By Tomi Kilgore
Tesla stock rises as price target tops $1,000 at OppenheimerTesla's stock rose Wednesday after Oppenheimer analyst Colin Rusch raised his price target to a Street high $1,036, while reiterated his outperform rating.
4:22 a.m. Today - Barrons.com
P&G Notched Another Strong Quarter on Pandemic-Fueled Sales Shares were on the decline early Wednesday although both adjusted earnings per share and revenue were higher than Wall Street expected..
3:57 a.m. Today - By Barbara Kollmeyer
FTSE 100 weighed down by strong pound and downgrade for Standard Chartered London stocks were left out of a global move higher for equities on Wednesday, as the pound climbed and banks were dragged south by a Standard Chartered downgrade.
3:49 a.m. Today - By Tomi Kilgore
Marriott Vacations provides preview of fourth-quarter results, with VPG rising as tours droppedMarriott Vacations Worldwide Corp. provided Wednesday a preliminary look at fourth-quarter results, saying volume per guest (VPG) increased 9% from a year ago while tours declined 59% amid the COVID-19 pandemic. Contract sales for vacation ownership rose to $178 million, a 25% increase from the sequential third quarter; the average estimate, of the two analysts who provided estimates to FactSet, was $177 million ($173 million and $181 million). The vacation company said interval international exchange transactions for the quarter rose about 17% from a year ago, and the average revenue per member was down 4%. The company said it ended 2020 with about $1.3 billion in liquidity. The stock, which was still inactive in premarket trading, has run up 42.2% over the past three months while the S&P 500 has gained 10.3%.
3:44 a.m. Today - Barrons.com
Morgan Stanley Reports Record Revenues as M&A, Trading Take Off With more fee-based income and less exposure to potential virus-related loan losses, the investment bank outshone other lenders.
Marriott Vacations sees Q4 contract sales $178 mln, up 25% from Q3
3:37 a.m. Today
2:59 a.m. Today - By Ciara Linnane
UPDATE: Bionano Genomics prices $200 million underwritten stock offering at a discount of $6 a shareBionano Genomics Inc. priced a $200 million underwritten stock offering at a discount of $6 a share, selling 33.3 million shares. The stock closed Tuesday at an alltime high of $9.14. The genome sequencing company's shares have gained 662% in the last 12 months on little news flow, and trading volumes have been active in recent sessions. Bionano previously sold 29 million shares at $3.05 a share less than two weeks ago. The stock fell 22% in premarket trade to reflect the dilutive effect of the offering. Oppenheimer was sole bookrunner on the deal with BITG acting as lead manager and Ladenburg Thalmann and Maxim Group acting as co-managers. Underwriters have a 30-day option to purchase another 5 million shares at the offering price. Bionano shares traded for less than $1 for much of 2020, before prices shot higher just before the end of the year despite no public announcements about changes at the genome-analysis company, which lost nearly $30 million on sales of $4.5 million in the first nine months of 2020.
2:49 a.m. Today - Barrons.com
Stocks That Are More of a Gamble Than an Investment Academics say there’s more in common with stock-market investing and gambling than you might imagine. And they have a simple methodology for determining that stocks are gambles rather than investments.
2:48 a.m. Today - By Ciara Linnane
Morgan Stanley shares higher premarket after earnings beat Morgan Stanley shares rose 2.2% in premarket trade Wednesday, after the bank blew past estimates for its fourth quarter. The bank said it had net income of $3.4 billion, or $1.81 a share, in the quarter, up from $2.2 billion, or $1.30 a share, in the year-earlier period. Revenue rose to $13.6 billion from $10.9 billion. The FactSet consensus was for EPS of $1.30 and revenue of $11.6 billion. The year-earlier numbers were impacted by the acquisition of ETrade, which was completed on Oct. 2, and is included in the wealth management segment, the bank said in a statement. Investment banking revenue rose 46% in the quarter to $7.004 billion, as higher advisory revenues for M&A and a more than doubling of equity underwriting revenue offset a decline in debt underwriting. Sales and trading revenues rose 32% from a year ago to $4.220 billion, boosted by gains in equity and fixed income trading. The bank's wealth management division delivered revenue of $5.7 billion, up from $4.6 billion a year ago. Net interest income rose to $1.207 billion from $1.033 billion. Investment management revenues fell to $1.1 billion from $1.4 billion a year ago. Shares have gained 30% in the last 12 months, while the S&P 500 has gained 14%.
Morgan Stanley Q4 sales and trading net revenue up 32% to $4.220 bln
2:36 a.m. Today
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