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Why McDonald's May Still Be One Of The Best Real Estate Stocks
Friday, July 22, 2022 - 12:19pm | 870Anyone who has read biographies on the life of McDonald's Corp. (NYSE: MCD) Ray Kroc or seen the movie “The Founder” is aware that the fast food giant is less in the hamburger business than in the real estate business. Ray Kroc made his fortune on that assumption. He ran with it,...
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EU Reports Weaker Manufacturing Data The Day After The ECB Hikes Rates
Friday, July 22, 2022 - 10:23am | 2089(Friday Market Open) Investors seem to have a day to focus on earnings because there’s little economic news to digest, but social media stocks are certainly giving them something to chew on. Potential Market Movers Twitter (NYSE: TWTR) reported a loss of eight cents per share, well below...
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Europe And Russia Continue To Square Off Over Natural Gas
Thursday, July 21, 2022 - 10:34am | 2253(Thursday Market Open) Equity index futures were mixed ahead of the European Central Bank (ECB) interest rate decision. Dow futures were down more than 100 points, but Nasdaq futures were up about 13 points. Potential Market Movers The ECB was expected to raise its key rate by 25 basis points but...
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Tesla to $1,175? Here Are 5 Other Price Target Changes for Thursday
Thursday, July 21, 2022 - 7:20am | 254Mizuho raised Tesla, Inc. (NASDAQ: TSLA) price target from $1,150 to $1,175. However, Mizuho analyst Vijay Rakesh maintained a Buy rating on the stock. Tesla shares rose 3.3% to $766.88 in pre-market trading. Goldman Sachs reduced IDEXX Laboratories, Inc. (NASDAQ: IDXX) price target...
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Nokia, Tesla And Some Other Big Stocks Moving Higher In Today's Pre-Market Session
Thursday, July 21, 2022 - 7:19am | 301Super Micro Computer, Inc. (NASDAQ: SMCI) rose 18.8% to $54.17 in pre-market trading after the company issued Q4 sales guidance above estimates. Nokia Oyj (NYSE: NOK) rose 6.6% to $5.01 in pre-market trading after reporting upbeat Q2 profit. Alcoa Corporation (NYSE: AA) rose 5.9% to $47.72 in pre-...
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Macy's Plans Four New Off-Mall, Small-Format Stores In Fall 2022
Wednesday, July 20, 2022 - 2:34pm | 185Macy's Inc (NYSE: M) will open four new off-mall, small-format stores in 2022 fall as part of its Polaris strategy. The locations will include Market by Macy's and the first-ever dual Market by Macy's and Macy's Backstage off-price locations. The company focuses on...
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This Crazy Real Estate Market Has Some Of The Nation's Largest Home Builders Jumping Into The Rental Business
Wednesday, July 20, 2022 - 11:23am | 818It’s an excellent time to own single-family rental properties, a realization that’s reaching some of the nation’s largest home builders. According to the National Association of Home Builders, 13,000 single-family homes were built as rentals in the first quarter of this year....
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Macau Plans To Reopen Casinos: Read How Stocks React
Wednesday, July 20, 2022 - 7:35am | 295Macao is planning to reopen most non-essential industries and commercial companies, including casinos and venues, for limited operation from midnight of July 23, 2022, until the stroke of midnight on July 30, 2022 Premises still suspended from operation include nurseries for...
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Mattel, Skydance Media Intend To Develop 'Matchbox' Live-Action Motion Picture
Tuesday, July 19, 2022 - 4:12pm | 217Mattel Inc (NASDAQ: MAT), along with media company Skydance, plans to develop Matchbox, its real-world die-cast toy vehicle line, into a live-action motion picture. The Matchbox brand was invented in 1953 by automotive expert and enthusiast Jack Odell. For Mattel Films, the project will...
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Wedbush Previews 'Nothing Straightforward' About Q2 For Restaurants
Tuesday, July 19, 2022 - 1:25pm | 751Wedbush analysts Nick Setyan, Paul Hao, and Michael Symington said they expect Texas Roadhouse Inc (NASDAQ: TXRH) (Outperform, $100 price target) to report in-line-to-above same-store sales growth for Q2. Analysts also expect TXRH's 2H SSS growth expectations to remain largely...
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Apple Upstages Goldman Sachs On Monday, Bringing Rally To A Screeching Halt
Tuesday, July 19, 2022 - 10:30am | 2277(Tuesday Market Open) A big slide in the U.S. dollar appears to be pushing stocks higher Tuesday as a slew of earnings arrived before the opening bell. Potential Market Movers The U.S. Dollar Index ($DXY) was down 0.75% before the market opened, continuing its three-day slide. As of early...
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Lincoln Educational Services Expands Nationally To 23 Campuses
Wednesday, July 13, 2022 - 3:00pm | 215Lincoln Educational Services Corp (NASDAQ: LINC) plans to open its second campus in the metropolitan Atlanta area. This new campus is the first of five new campuses LINC intends to open nationwide within the next five years. Lincoln Educational currently operates 22 campuses in 14...
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Alibaba, Zoom Video And 76 Biggest Movers From Yesterday
Tuesday, July 12, 2022 - 5:35am | 2849Gainers Kaspien Holdings Inc. (NASDAQ: KSPN) shares climbed 161.9% to close at $6.81 on Monday on heavy volume amid mention of the stock on social media. Pliant Therapeutics, Inc. (NASDAQ: PLRX) shares surged 159% to close at $23.00 on Monday after the company said its treatment for Idiopathic...
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Read Why Jefferies Downgraded This Athletic Apparel Retailer
Monday, July 11, 2022 - 1:43pm | 138Jefferies analyst Randal Konik downgraded Lululemon Athletica Inc (NASDAQ: LULU) to Underperform from Hold and reduced the price target to $200 from $375, implying a 29% downside. Konik sees risks to Lululemon's consensus estimates amidst rising competition and...
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Why These Casino Stocks Are Moving Lower, Here's 45 Stocks Moving In Monday's Mid-Day Session
Monday, July 11, 2022 - 12:11pm | 1605Gainers Pliant Therapeutics, Inc. (NASDAQ: PLRX) jumped 112.6% to $18.88 after the company said its treatment for Idiopathic Pulmonary Fibrosis was well tolerated in a Phase 2a study. La Jolla Pharmaceutical Company (NASDAQ: LJPC) gained 80.9% to $6.13 after Innoviva entered into a definitive...