Both Walmart (WMT) and Target (TGT) delivered fantastic second-quarter reports this week, and Barron’s had noted for the reports that Target was likely to receive a major boost from its results. That’s the way it’s been played, with Target stock jumping 12% on Wednesday afternoon, while Walmart reported losses after …
Read More »European equities fell after minutes show the cautious stance of the Fed
Pedestrians wearing protective face masks pass a McDonalds Corp. fast food restaurant near the skyscraper offices of Sparkasse AG, center, in Frankfurt, Germany, on Wednesday 19 August 2020. Germany registered the highest number of new cases of coronavirus in almost four months, fighting fears of a resurgence of infections in …
Read More »Intel stock market jumps on $ 10 billion purchase
Text size Photo by Alexander Koerner / Getty Images Intel shares are on the rise after the chip company announced an accelerated $ 10 billion program for purchase. Following the completion of the repurchase, Intel said it will have $ 17.6 billion in purchases from the $ 20 billion authorization …
Read More »Get your flu in September – before cases start to climb
Reuters With the coronavirus still widespread, it’s time to start thinking seriously about flu, which typically spreads in fall and winter. A major flu outbreak would not only overwhelm hospitals this fall and winter, but also likely overwhelm a person who can contract both at the same time. Doctors do …
Read More »Stock market ignores restrictions of Trump administration. Here’s why it should not.
Text size Kevin Frayer / Getty Images Brands responded calmly to the recent escalation of the Trump administration’s war on Chinese telecom giant Huawei. Maybe too calm. U.S. Commerce Department regulations issued Aug. 17 will in theory prevent Huawei from purchasing any hardware or software that has all inputs of …
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