Author: Admin
5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures rebound after the Dow’s worst session in weeks Traders on the floor of the NYSE, March 21, 2022. Source: NYSE U.S. stock futures rose Thursday as NATO leaders were trying to find ways to pressure […]
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Bank of America downgrades NetApp, says cloud data company has limited upside from here
Analysts downgraded NetApp to neutral from buy, saying investments required for growth at the company will limit its ability to generate operating income. Source
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BlackRock’s Larry Fink, who oversees $10 trillion, says Russia-Ukraine war is ending globalization
Larry Fink, chief executive officer of BlackRock Inc., in Zurich, Switzerland, on Thursday, March 7, 2019. Stefan Wermuth | Bloomberg via Getty Images Larry Fink, the CEO and chairman of the world’s biggest asset manager BlackRock, said Russia’s invasion of Ukraine has upended the world order that had been in place since the end of […]
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Stocks making the biggest moves premarket: KB Home, Spotify, Nikola and others
Check out the companies making headlines before the bell: Darden Restaurants (DRI) – The parent of Olive Garden and other restaurant chains reported quarterly earnings of $1.93 per share, missing the $2.10 consensus estimate, with revenue and comparable-store sales also below analyst forecasts. Darden said the omicron variant significantly impacted guest demand, staffing levels and […]
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Boris Johnson says Putin has crossed red line ‘into barbarism’ as UK slaps on more sanctions
British Prime Minister Boris Johnson disembarks from his plane, as he arrives to take part in a NATO summit to discuss Russia’s invasion of Ukraine, on March 24, 2022 in Brussels, Belgium. Pool | Getty Images News | Getty Images LONDON — British Prime Minister Boris Johnson said Thursday that Russian President Vladimir Putin has […]
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Wild moves in Russian stocks as market reopens after monthlong shutdown
A man walks past Moscow’s stock market building in downtown Moscow on February 28, 2022. Natalia Kolesnikova | Afp | Getty Images Russia’s stocks moved sharply on Thursday, after the market partially reopened for limited trading after its longest shutdown since the fall of the Soviet Union. The Moscow Exchange resumed trading in 33 Russian […]
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Russian oligarch Abramovich’s two superyachts worth a combined $1 billion are escaping sanctions — for now
Eclipse, the private luxury yacht of Russian billionaire Roman Abramovich, anchors at Cruise Port in Marmaris district of Mugla, Turkey on March 22, 2022. Anadolu Agency | Anadolu Agency | Getty Images The azure waters of southwest Turkey saw the arrival of a two multimillion-dollar superyachts this week reportedly belonging to Russian oligarch Roman Abramovich, […]
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Logitech is a huge buy at these levels and can go up nearly 49% from here, Bank of America says
Analysts consider the computer peripherals manufacturer “too inexpensive to ignore” after the stock tumbled nearly 13% year to date. Source
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Alaska Airlines to convert 2 more Boeing jets into freighters in bet on air cargo boom
Alaska Airlines employee Jeff Ferguson loads cargo at Ted Stevens Anchorage International Airport in Anchorage, Alaska. Mark Thiessen | AP Alaska Airlines is turning two of its midlife Boeing 737-800s into cargo planes, a bet that the pandemic boom in air freight will continue to generate revenue even after more passengers return to travel. The […]
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Buy Johnson Controls as sell-off is ‘unfounded,’ Deutsche Bank says
Investors should buy the dip on Johnson Controls, according to Deutsche Bank. Source
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