Text size Justin Sullivan / Getty Images Coca-Cola shares are rising early Wednesday morning, a day after launching better-than-expected earnings. The reason: An update from Morgan Stanley, which argues that stocks have become too cheap. Analyst Dara Mohsenian raised its rating on Coca-Cola (ticker: KO) shares to Equal Weight’s Overweight, …
Read More »What Delta Airlines Is Doing to Continue Protecting COVID-19 Passengers
DETROIT – At a time when passengers are concerned that others are wearing masks and that the flights are too crowded, Local 4 observed first-hand how Delta Airlines keeps everyone safe of the coronavirus (COVID-19). READ: Delta will maintain social distancing as many other airlines complete COVID-19 security measures Help …
Read More »EV Stock NIO rally has gone too far, says Goldman
Text size Goldman Sachs analyst Fei Fang downgraded US depositary receipts from Chinese electric vehicle maker NIO to Sell from Hold. ADRs are falling on Friday, but that’s after nearly doubling in the past month. Photography by Giulia Marchi / Bloomberg Recovery of a stock of electric vehicles has gone …
Read More »Publix Joins List of Retailers Requiring Face Masks
FLORIDA Publix joins the list of retailers that require customers to wear face masks. Publix made the announcement shortly after Target and CVS announced Thursday that their stores will require skins. Walmart made the same announcement for its stores and Sam’s Clubs on Wednesday. The Publix mask policy will take …
Read More »The new Virgin Galactic CEO made a Star Wars attraction at Disney. Wall Street is stumped.
Text size George Whitesides, left, will become Virgin Galactic’s chief space officer. Michael Colglazier takes over as CEO. Courtesy of Virgin Galactic. Shares of Virgin Galactic, a pioneer of space tourism, shot up after the company named a new CEO. He comes from Disney and the former CEO stays. The …
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