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SBGI earnings call for the period ending March 31, 2021.
With President Biden about to unleash a potential trillion-dollar spending spree on green infrastructure, ESG investors could see opportunities in the years to come
Stock futures are trading slightly higher on Sunday evening as investors gear up for this week’s Fed meeting.
The Fed’s two-day policy meeting will likely dominate investor behavior this week. Its forecasts could move the markets.
The big takeaway from the past week in business news is that A) secretly released documents show that billionaires aren’t paying their fair share in taxes. And meanwhile, B) hotels and restaurants and other businesses can’t find enough people to work
Mortgage rates fall back ahead of this week’s FED policy decision in spite of inflation fears. Weaker NFP numbers may have eased pressure on the FED to make any immediate moves…
(Bloomberg) -- Washington Prime Group Inc., a real estate investment trust that operates enclosed malls and strip centers across the U.S., filed for bankruptcy after the Covid-19 pandemic curtailed in-person shopping.The Chapter 11 filing in Houston will allow Washington Prime to continue operating while it seeks to implement a restructuring agreement that it reached with certain creditors, according to a board resolution filed with the bankruptcy petition. The company, which estimated its asset
(Bloomberg) -- Hedge funds are bullish on the Australian dollar, and two key events this week may vindicate their convictions.Australian jobs data and a speech by central bank Governor Philip Lowe could provide the trigger for the Aussie to rise above 78 U.S. cents before it encounters resistance at 80 cents. Leveraged funds hold a net long position of 20,509 contracts in the currency in the week ended June 8, according to data from the Commodity Futures Trading Commission.The Aussie has been la
With rates staying in a hot zone, over 14 million homeowners can benefit from a refi.
(Bloomberg) -- The world’s emergence from the coronavirus pandemic is set to unleash a wave of spending by older consumers, with increasing opportunities for investors in aging-linked stocks.That’s the view of money managers who see huge pent-up demand from wealthy seniors for medical services and luxury goods. They also expect that the forced adoption of the internet by older people during lockdown will open up this demographic permanently to e-commerce companies and social networks.The number
(Bloomberg) -- Global bond investors are on the prowl for emerging markets that are ahead of the game on inflation.TS Lombard recommends funds buy local debt from Brazil, where a third interest-rate hike is expected when officials meet Wednesday. PineBridge Investments praised inflation tough talk from Bank of Russia Governor Elvira Nabiullina and predicted gains for the nation’s longer-maturity bonds.Central bankers in the developing world are treading a fine line managing price pressures in pl
TOKYO (Reuters) -Oil prices rose on Monday, extending three weeks of gains that have been underpinned by an improved outlook for fuel demand as increased COVID-19 vaccinations help lift travel curbs, along with tightness in supply. Brent crude was up 51 cents, or 0.7%, at $73.20 a barrel by 0644 GMT, the highest since May 2019. U.S. West Texas Intermediate gained 47 cents, or 0.7%, to $71.38 a barrel, the highest since October 2018.
Prices of the world's No. 1 crypto on Sunday trade sharply higher after digital-asset bull Elon Musk says Tesla would resume allowing transactions at the vehicle-maker's stores when key members of bitcoin infrastructure can confirm that 50% of the energy used to mine for bitcoin is derived from clean energy sources.
(Bloomberg) -- Trying to keep up with the frenzied rise of so-called meme stocks might feel a bit like playing a game of whack-a-mole, bewildering analysts and investors alike.While there’s no steadfast definition of what constitutes a meme stock, one common thread across the many names being pitched on social media is a focus on heavily shorted companies. Shares of Reddit icon GameStop Corp. jumped as much as 2,500% in January after day traders noticed its short interest had ballooned to record
The classic mix of stocks and bonds may be a relic of an age long past.
Wages are soaring and jobs opening are at record highs as workers feel empowered to put a price on their dignity.
(Bloomberg) -- After the longest rally in almost a year, the Treasury market is ill-positioned for any surprises from the Federal Reserve next week.Bond investors, who have been abandoning short bets, are anticipating that officials will reaffirm that their ultra-loose policy remains appropriate, and that it’s too soon to start even contemplating tapering the central bank’s purchases of Treasury and mortgage-backed securities.Any hint that such discussions are in the works could provide a rude a
Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet's Quant Ratings, we zero in on five names. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. Workhorse Group Inc. recently was downgraded to Sell with a D rating by TheStreet's Quant Ratings.
Let’s talk about growth stocks. These are stocks that have shown strong and sustained share price appreciation, sometimes ranging into triple-digit gains over the course of a year or more. In short, these are stocks that make investors say, “If only I’d bought in when…!” There’s no point dwelling on the past. A savvy investor, aiming to build a growth-oriented portfolio, will set up a profile for a solid growth stock, and look to match it. The factors to look for: that strong appreciation we men
A flurry of bearish catalysts for Tesla (TSLA) stock appear to be piling up. Investors who have bought and held this stock over the past decade have seen absolutely insane returns. The question of whether Tesla has grown to a size that doesn’t make sense anymore is a topic of conversation for many investors. At this point, the company has been valued at just shy of $600 billion. (See Tesla stock analysis on TipRanks) For investors on the fence with Tesla, it pays to be aware of some bearish cata
A Texas hospital system’s mandatory COVID-19 vaccination policy for employees can stand after a federal judge on Saturday dismissed a closely watched lawsuit from workers refusing to get the shot.