Site-Wide Activity 2016-11-15T12:53:11+00:00

Site-Wide Activity

  • TOPSHOT – Vehicles run on the Paris’ ring road, the “Peripherique”, on December 9, 2019 in Porte de Vincennes in Paris, during a strike of Paris public transports over French government’s plan to overhaul the country’s retirement system, as part of a national strike. French commuters experienced a chaotic journey getting to work on Monday as public sector workers entered a fifth consecutive day of nationwide strikes. Nationwide, public sector workers have protested against government plans to up
    Paris commuters face 300 miles of traffic jams as France enters its fifth day of strikes

  • Bank of America is betting on two little-known chip stocks that are positioned to win big from the rise of 5G. The firm double upgraded shares of Qorvo and Skyworks Solutions to buy from underperform. Bank of America raised Qorvo’s price target to $130 per share from $80 per share and hiked Skyworks Solutions’ price target to $122 per share from $92 per share. The firm estimates 1.4 billion 4G smartphones and several hundred million other devices will need to be upgraded when 5G materializes.
    Bank of America just got really bullish suddenly on these small chip stocks

  • Shares of Wingstop look poised to rally 75%, and investors should buy the stock ahead of the company’s analyst day on January 16, Goldman Sachs said Monday. The firm added the restaurant chain to its “Americas Conviction List” based on same-store sales momentum and international growth opportunities.
    Goldman Sachs really likes this wing restaurant

  • Citi said in its downgrade of Chevron that it was “worried” about signs of “anemic returns” and “problematic project execution.” The 14-month underperformance of energy equities has been acute: global IOCs have lagged global equities by 20%, while for US E&P and Services, it has been over 50%. Within this mayhem, CVX has emerged as a relative safe haven, benefiting from balance sheet strength and clear capital allocation. But we think that safe-haven status might now be overplayed. 2019 has seen
    Here are the biggest analyst calls of the day: Virgin Galactic, Macy's, Chevron & more

  • Apple is poised to lose market share in China to local smartphone makers, who are ahead on 5G technology, according to Rosenblatt Securities. “We remain cautious on iPhone sales as recent signs point to Huawei’s 5G Mate 30 smartphone starting to gain market share in China in the high-end segment,” Jun Zhang, China tech analyst, said in a note on Monday. “Huawei has launched eight 5G smartphone models in China. We believe Apple will lose market share in China in the March quarter.” Huawei’s 5G Ma
    Apple will lose market share in China during the transition to 5G, analyst says

  • The most impressive resumes concisely and compellingly illustrate one major message: “This is how I made things better for the companies I worked for.” While it might sound harsh, 90% of the time, I refuse to read through resumes that include an objective. No objectives, pleaseVirtually every objective I’ve read has either been too broad or too short, never just right. The second is just too “in your face,” while the last objective sounds overly presumptuous. Gary Burnison CEO, Korn FerryIn gene
    After 20 years of hiring, I refuse to look at resumes that have this common yet outdated section

  • But that may have created unrealistic expectations among millennials that markets will never go down and that investing isn’t that risky. Millennials, typically defined as those 23 to 38, “don’t have any clue” about risk, he says. How the investing environment shapes perceptionsThe past few years have created an almost perfect environment for millennials to discount the risks they’re taking when it comes to investing, Lafferty says. But Lafferty says while these companies can make investing simp
    Millennials should brace for a 'bucket of cold water' when it comes to their investments

  • Bank of America is betting on two little-known chip stocks that are positioned to win big from the rise of 5G. The firm double upgraded shares of Qorvo and Skyworks Solutions to buy from underperform. Bank of America raised Qorvo’s price target to $130 per share from $80 per share and hiked Skyworks Solutions’ price target to $122 per share from $92 per share. The firm estimates 1.4 billion 4G smartphones and several hundred million other devices will need to be upgraded when 5G materializes.
    Bank of America just got really bullish suddenly on these small chip stocks

  • Shares of Wingstop look poised to rally 75%, and investors should buy the stock ahead of the company’s analyst day on January 16, Goldman Sachs said Monday. The firm added the restaurant chain to its “Americas Conviction List” based on same-store sales momentum and international growth opportunities.
    Goldman Sachs really likes this wing restaurant

  • Virgin Galactic’s spacecraft, left, alongside the next in the company’s fleet under construction. Virgin Galactic shares rose more than 13% in trading from its previous close of $7.26. Morgan Stanley’s price target of $22 a share represents a 203% increase from Virgin Galactic’s current levels. Morgan Stanley forecast $800 billion in annual sales for hypersonic travel by 2040, or just about two decades from now. The firm is the third on Wall Street to begin covering Virgin Galactic’s stock.
    Virgin Galactic shares to triple as it disrupt airlines with hypersonic travel, Morgan Stanley says

  • Apple is poised to lose market share in China to local smartphone makers, who are ahead on 5G technology, according to Rosenblatt Securities. “We remain cautious on iPhone sales as recent signs point to Huawei’s 5G Mate 30 smartphone starting to gain market share in China in the high-end segment,” Jun Zhang, China tech analyst, said in a note on Monday. “Huawei has launched eight 5G smartphone models in China. We believe Apple will lose market share in China in the March quarter.” Huawei’s 5G Ma
    Apple will lose market share in China during the transition to 5G, analyst says

  • Jordan Siemens | Getty ImagesWhen Tara Unverzagt started her own financial planning firm, South Bay Financial Partners, in 2014, she already had a head start. That’s because Unverzagt’s mother, Janet Tussing — one of the first female certified financial planners — was retiring and passed along her book of business. And because Pyne is Hispanic, he has also helped open her eyes to how different cultural backgrounds can affect financial planning. Adding young talent to a financial planning firm do
    Advisors hire next-generation talent to thrive. Here's how some practices have already done it

  • Why is it so difficult for people to do the right thing when it comes to money? So if we know what we should be doing around money, why is it so hard to make it happen? It turns out that, when it comes to money matters, we are wired to do it all wrong. Our brains have evolved over thousands of years to focus on short-term survival in a dangerous world with limited resources. It turns out that when we are doing what we should do around money we are overriding our natural impulses.
    When it comes to money matters, our brains are actually wired to do it all wrong

  • Merck & Company, Inc., d.b.a. Merck Sharp & Dohme outside the United States and Canada, is an American pharmaceutical company and one of the largest pharmaceutical companies in the world. Merck said on Monday it would buy cancer drug developer ArQule in a $2.7 billion all-cash deal, bolstering its oncology franchise with the smaller rival’s lead drug that is being tested as a treatment for blood cancer. The offer of $20 per share for ArQule is more than double its closing price on Friday. Merck’
    Merck to buy cancer drug developer ArQule for $2.7 billion in cash

  • France’s Sanofi on Monday agreed to buy California-headquartered biotechnology firm Synthorx in a cash deal worth about $2.5 billion as it steps up a push in the lucrative field of cancer drugs under its new chief executive. Sanofi has offered to buy all the outstanding shares of Synthorx common stock for $68 per share in cash, or a 172% premium to Synthorx’s closing price on Dec. 6, 2019. “This acquisition fits perfectly with our strategy to build a portfolio of high-quality assets and to lead
    France's Sanofi to buy biotech firm Synthorx for $2.5 billion

  • LAS VEGAS, NV – JULY 27: WNBA Commissioner Cathy Engelbert addresses the media before the AT&T WNBA All-Star Game 2019 on July 27, 2019 at the Mandalay Bay Events Center in Las Vegas, Nevada. McDonald’s announced Monday that it has elected Women’s National Basketball Association Commissioner Cathy Engelbert to its board. Chris Kempczinski, who formerly served as the president of McDonald’s USA, is now chief executive of the fast-food giant. She is the third woman on McDonald’s board, joining Anc
    McDonald's adds WNBA commissioner to board

  • Apple will begin taking orders for its new Mac Pro, which starts at $5,999, on Tuesday, Dec. 10. Apple first announced the Mac Pro in June during its annual developer conference and said in mid-November that it would launch in December. The Mac Pro does not include a display, but Apple will also sell its new 6K Pro Display XDR, which starts at $4,999. But the Mac Pro isn’t built for regular consumers. “The Mac Pro is Apple’s most powerful computer ever and we’re proud to be building it in Austin
    Apple's $5,999 Mac Pro goes on sale this week

  • Leuthold’s Jim Paulsen: We may be coming out of a year of recession fearThe November jobs report saw blowout numbers on Friday with unemployment rate falling to 3.5 percent. But even with an economy of close to full employment, issues like the trade war and low interest rates have clouded investors with recession fears. Jim Paulsen, chief investment strategist at the Leuthold Group, joins “Squawk Box” to discuss why he thinks this may finally be coming to an end.
    Leuthold's Jim Paulsen: We may be coming out of a year of recession fear

  • Here’s how the Fed might react to the blowout November jobs reportCNBC’s Steve Liesman reports on how the Fed may react to the blowout November jobs report.
    Here's how the Fed might react to the blowout November jobs report

  • Dow to open lower after Friday’s big rallyTraders work on the floor of the New York Stock Exchange (NYSE) on November 04, 2019 in New York City. Spencer Platt | Getty ImagesU.S. stock futures were pointing to a modestly lower Wall Street open on Monday after a powerful market rally Friday, fueled by the government’s strong November jobs data. The Dow Jones Industrial Average surged 337 points, nearly erasing the sharp declines in the early part of last week. Friday’s rally also put the Nasdaq ju
    5 things to know before the stock market opens Monday

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