Skip to content
  
  

Zxcoachoutlet

Business

Menu
  • business
  • finance
  • insurance
  • money
  • personal

Tag: gain

Natural Gas Could Rise Fast, and One Producer is Poised to Gain

October 9, 2020
| No Comments
| business

Text size

Southwestern Energy Co., natural gas production site


Julia Schmalz/Bloomberg

Natural gas prices could rocket higher this winter, and some producers could emerge from hibernation in much stronger shape.

Morgan Stanley analyst Mark Carlucci thinks

EQT

(EQT), the largest gas producer in the U.S., can do particularly well under those circumstances and he upgraded the shares to Overweight from Equal Weight in a note on Friday.

Southwestern Energy

(SWN), another gas producer, is also improving, and Carlucci upgraded its shares to Equal Weight from Underweight.

Natural gas prices have been depressed for years because there’s simply too much of it. Natural gas is a byproduct of oil production, and a boom in oil drilling in the U.S. has also led to an increase in natural gas supplies. But oil drilling has declined amid the pandemic and is likely in for a longer slump given depressed prices. So natural gas

… Read More

Read More »

Posted in %1$s Tagged %1$s

RMB Has Strongest Single-Day Gain In 15 Years VS The USD

October 9, 2020
| No Comments
| business

index

istock

Week In Review

  • The Wall Street Journal pointed out this Monday that China has steadily increased its purchases of US crude oil since May.
  • Bloomberg announced this Tuesday that Singaporean sovereign wealth funds, GIC and Temasek will participate in the Ant Group IPO, with the former reportedly making a $1 billion investment.
  • It was reported this Wednesday that over 400 million Chinese are vacationing domestically during the Golden Week holiday. Thus, it is no surprise that consumption plays are performing well this week.
  • On Thursday, Ping An Insurance-backed company Lufax Holdings filed for a New York Stock Exchange listing under the ticker LU.

Key News

Let’s not bury the lead: THE STRONGEST SINGLE DAY OF PERFORMANCE FOR THE RENMINBI VERSUS THE US DOLLAR IN 15 YEARS! The renminbi (RMB) moved $0.09 versus the USD last night! You might remember how China “devalued” its currency back in August 2015. Last

… Read More

Read More »

Posted in %1$s Tagged %1$s

Dow Futures Gain As Markets Remain Focused On Stimulus Talks

October 9, 2020
| No Comments
| business

The Friday Market Minute

  • Global stocks press forward on U.S. stimulus hopes, with gains in Europe capped by a worrying surge in coronavirus infection rates.
  • House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin will resume talks Friday, with President Trump pressing for stand-alone agreements versus the Democrats preference for a comprehensive relief bill.
  • European coronavirus infections are rising at record levels in many major economies as the autumn weather turns, but leaders are hoping to avoid sweeping lockdowns in the weeks ahead.
  • Oil prices on pace for a 10% week gain on supply outages and improving demand, while the dollar tumbles to a three-week low against a basket of its global peers.
  • U.S. equity futures suggest a firmer open on Wall Street, which is looking at its best five-day stretch since August, heading into the teeth of the third quarter earnings seasons next week.

U.S. equity futures edged higher

… Read More

Read More »

Posted in %1$s Tagged %1$s

Dow Futures Gain on Stimulus Hopes; Jobless Claims in Focus

October 8, 2020
| No Comments
| business

The Thursday Market Minute

  • Global stocks extend gains on U.S. stimulus hopes as lawmakers press ahead with talks of targeted support.
  • House Speaker Pelosi and Treasury Secretary Mnuchin remain engaged in negotiations as President Trump pushes for a ‘piecemeal’ deal before next month’s elections.
  • Trump tells Fox Business that stimulus talks are progressing, and could include more than support for the airline sector.
  • Weekly jobless claims could upend risk sentiment, but Wall Street is looking to extend its best week since August heading into the teeth of the third quarter earnings season.
  • Morgan Stanley agrees to pay $7 billion to buy investment management firm Eaton Vance.
  • European stocks extend gains, rising to a four-week high, even as coronavirus infections continue to surge and lockdown discussions accelerate as cooler weather sets in.
  • Oil prices edge higher following a surprise drawdown in U.S. gasoline stocks suggests a possible uptick in domestic energy
… Read More

Read More »

Posted in %1$s Tagged %1$s

After Market Hours: GoPro, Alphatec Holdings, CareDx Gain; Resources Connection, EXFO Slip

October 7, 2020
| No Comments
| business

(RTTNews) – GoPro Inc. (GPRO) – Shares of the action camera maker gained nearly 5% in extended session on top of its 30% rise in regular trading Wednesday. GoPro announced that its subscribers increased to over 500,000, up from 400,000 in August. It also said that the target of 600,000 to 700,000 subscribers by year-end should be exceeded if adoption rates continue as expected.

Alphatec Holdings, Inc. (ATEC) – Shares of the medical device company surged 45% in after-hours trade Wednesday on its third-quarter outlook. Alphatec expects third-quarter revenues of $40.7 million to $41.1 million, which is above analysts current estimates of $30.98 million. The company expects U.S. revenue growth of 41% to 43%.

CareDx, Inc (CDNA) – The health care company’s stock gained 15% in after-hours Wednesday driven by its strong outlook. For the third quarter, CareDx expects revenues of about $53.0 million, an increase of 57% compared to

… Read More

Read More »

Posted in %1$s Tagged %1$s

Dow Futures Gain on Trump Stimulus U-Turn; Dollar Grinds Higher As Markets Eye Talks in Washington

October 7, 2020
| No Comments
| business

The Wednesday Market Minute

  • Global stocks mixed as markets react to contradictory statements on stimulus from President Donald Trump.
  • Hours after ordering White House officials to stop negotiating with Democrats, Trump suggested he would sign a ‘stand alone’ bill to support airlines and small businesses.
  • White House economic adviser Larry Kudlow tells CNBC a piecemeal agreement on stimulus is a “low probability event”.
  • The U.S. dollar edges higher amid the stimulus uncertainty, made more complicated by the President’s coronavirus diagnosis, while benchmark 10-year Treasury yields hold at 0.764%.
  • Oil prices eases as the Energy Department trims near-term demand forecasts and Hurricane Delta slows to a category 3 storm as it heads towards the crude production areas of the Louisiana coast.
  • U.S. equity futures suggest a firmer open on Wall Street, with a 240 point gain priced for the Dow Jones Industrial Average.

U.S. equity futures powered ahead Wednesday, while the

… Read More

Read More »

Posted in %1$s Tagged %1$s

Dow Futures Gain on Trump Stimulus U-Turn

October 7, 2020
| No Comments
| business

The Wednesday Market Minute

  • Global stocks mixed as markets react to contradictory statements on stimulus from President Donald Trump.
  • Hours after ordering White House officials to stop negotiating with Democrats, Trump suggested he would sign a ‘stand alone’ bill to support airlines and small businesses.
  • The U.S. dollar edges higher amid the stimulus uncertainty, made more complicated by the President’s coronavirus diagnosis, while benchmark 10-year Treasury yields hold at 0.764%.
  • Oil prices eases as the Energy Department trims near-term demand forecasts and Hurricane Delta slows to a category 3 storm as it heads towards the crude production areas of the Louisiana coast.
  • U.S. equity futures suggest a firmer open on Wall Street, with a 190 point gain priced for the Dow Jones Industrial Average.

U.S. equity futures powered ahead Wednesday, while the dollar inched higher against its global peers, as markets reacted to a U-turn on stimulus talks from President

… Read More

Read More »

Posted in %1$s Tagged %1$s

Dow Jones Posts Small Gain as Boeing Predicts Tough Decade Ahead, Walmart Launches Insurance Business

October 6, 2020
| No Comments
| insurance

The stock market was volatile on Tuesday after posting solid gains to start the week. The Dow Jones Industrial Average (DJINDICES: ^DJI) was up 0.37% at 1:10 p.m. EDT today, outperforming the other major indexes.

One thing keeping the stock market in check could be comments from Federal Reserve chairman Jerome Powell, who warned on Tuesday that too little government aid would lead to a weak economic recovery. Congress has yet to agree on additional stimulus measures, and an agreement does not appear close.

Shares of Boeing (NYSE: BA) were moving in the wrong direction on Tuesday after the airplane manufacturer predicted a difficult decade ahead. Meanwhile, the stock of Walmart (NYSE: WMT) was little changed after the retailer announced an insurance brokerage business.

An airplane.

Image source: Getty Images.

Boeing forecasts tough years ahead

The coronavirus pandemic has greatly reduced demand for air travel. While the number of daily air passengers

… Read More

Read More »

Posted in %1$s Tagged %1$s

Major Gulf bourses gain as financials lead

October 6, 2020
| No Comments
| business

FILE PHOTO: A Saudi trader observes the stock market on monitors at Falcom stock exchange agency in Riyadh, Saudi Arabia February 7, 2018. REUTERS/Faisal Al Nasser

(Reuters) – Major Gulf stock markets edged higher in early trade on Tuesday, helped by financial shares, with Dubai on track to end three sessions of losses.

Saudi Arabia’s benchmark index .TASI increased 0.6%, with Al Rajhi Bank 1120.SE rising 0.9% and telecoms firm Etihad Etisalat 7020.SE jumping 5.1%.

Dubai’s main share index .DFMGI gained 0.6%, led by a 1.2% rise in sharia-compliant lender Dubai Islamic Bank DISB.DU and a 1% increase in Emirates NBD Bank ENBD.DU.

The Abu Dhabi index .ADI edged up 0.2%, supported by a 0.2% gain in the country’s largest lender First Abu Dhabi Bank FAB.AD.

The United Arab Emirates has resumed granting work permits for foreigners employed by government and semi-government entities as well as entry permits

… Read More

Read More »

Posted in %1$s Tagged %1$s

Asian shares gain on stimulus hopes, Trump leaving hospital

October 6, 2020
| No Comments
| business

Shares advanced in on Tuesday Asia after hopes for economic aid from Washington helped Wall Street recover its losses from the initial shock of learning President Donald Trump had tested positive for the coronavirus.

Trump left the hospital after spending less than three days there, returning to the White House late Monday despite uncertainty over his recovery and risks that he is still infectious.

Shares rose in Tokyo, Hong Kong and Seoul.

Overnight, the S&P 500 climbed 1.8%. Treasury yields and oil all rose after Trump and House Speaker Nancy Pelosi both noted the importance over the weekend of additional support for the economy.


Australia’s S&P/ASX 200 edged 0.1% lower to 5,938.60. Later Tuesday, the treasurer was set to reveal a big spending financial blueprint for the next few years that will drive business investment and job creation while repairing pandemic damage to the economy.

The annual budget is expected

… Read More

Read More »

Posted in %1$s Tagged %1$s

Posts navigation

1 2 3 Next

Recent Posts

  • Barrett says George Floyd video was ‘very personal’ for her family
  • M1 Finance closes $45M Series C mere months after it raised its $33M Series B
  • The Wake Up for Wednesday, Oct. 14, 2020
  • Business Leaders from Finance, Technology, Retail and Hospitality Call For Civility and Patience Ahead of The 2020 Election | News
  • Personal Preparedness is a Year-Round Commitment and More Important Than Ever

Archives

  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020

Categories

  • business
  • finance
  • insurance
  • money
  • personal
January 2021
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Oct    

Tags

Announces Bank Big billion Business Buy Car Company Coronavirus COVID19 deal Debate demand dollar finance Financial Global Group Growth Health Home insurance Investing Investors IPO Jobs Life Market Markets million money News Oil Pandemic personal Recovery report September shares Stimulus Stock stocks Talks Top Trump

About Us

  • Advertise Here
  • Contact Us
  • Privacy Policy
  • Sitemap

Hairstyle 2020 | All Rights Reserved.

Hairstyle theme by Flythemes