Quest Diagnostics Inc
Sell this medical testing stock poised to fall more than 15% from here, Citi says in downgrade
It’s time for investors to sell shares of Quest Diagnostics , according to Citi. Analyst Patrick Donnelly downgraded shares of the medical testing company to sell from neutral, citing risks ahead to the company earnings per share guidance and 4% to 5% long-term growth guide for its base business. “While management has continued to reiterate […]
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Stocks making the biggest moves midday: Allstate, AT&T, IBM, Tesla and more
In this article IBM ALL T NVDA TSLA DDOG KMI Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk looks at a robot display during a tour of the new Tesla Motors auto plant, formerly operated New United Motor Manufacturing Inc. (NUMMI), in Fremont, California, U.S., on Wednesday, Oct. 27, 2010. Bloomberg | Bloomberg | Getty […]
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October’s wild investing could give way to a new stock rally, as earnings roll out in the 7 days in advance
Oct has a reputation for spooking traders with its wild swings. But it has also normally been the time when marketplaces form bottoms right before driving higher into what can be the very best time of calendar year for stocks. In the week in advance, the current market could present additional evidence of whether or […]
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Inventory is piling up as consumer demand slows. That’s bad news for these stocks
It’s time to sell stocks that are seeing inventory pile up at the same time as consumer demand slows, according to Adam Parker of Trivariate Research. Inventory levels are becoming the key performance indicator for equities as companies continue to deal with global supply chain issues made worse by the pandemic, according to a research […]
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CDC expects monkeypox outbreak to grow as total cases surpass 1,400 and vaccine demand outstrips supply
A person arrives to receive a monkeypox vaccination at the Northwell Health Immediate Care Center at Fire Island-Cherry Grove, in New York, U.S., July 15, 2022. Eduardo Munoz | Reuters The Centers for Disease Control and Prevention has confirmed more than 1,400 monkeypox infections across 44 states and territories in the U.S. and said it […]
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Stocks making the biggest moves premarket: DocuSign, Vail Resorts, Stitch Fix and others
Check out the companies making headlines before the bell: DocuSign (DOCU) – The electronic-signature technology company’s stock plunged 26.1% in the premarket after its quarterly profit and revenue fell short of Wall Street forecasts. DocuSign had previously warned that a return to post-Covid working conditions could cut into its business. Vail Resorts (MTN) – Vail […]
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Stocks could stay choppy as fears about the Fed overshadow earnings news
Traders on the floor of the NYSE, March 29, 2022. Source: NYSE Earnings season is here, and it may distract investors from other issues, but it’s not likely to be the big driver of the overall market in the week ahead. Investors instead will keep an eye on the things that have been worrying the […]
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Uninsured face surprise medical bills for Covid testing, hospital treatment after U.S. Congress fails to fund pandemic aid program
Secretary of Health and Human Services Xavier Becerra testifies before the Senate Health, Education, Labor, and Pensions Committee hearing to discuss reopening schools during the coronavirus disease (COVID-19) at Capitol Hill in Washington, D.C., September 30, 2021. Shawn Thew | Pool | Reuters People who don’t have health insurance are now being charged $100 or […]
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Goldman’s ways to play deglobalization, onshoring trend fueled by pandemic and Ukraine war
Goldman Sachs strategists say companies that are reducing their global exposure or benefit from onshoring are outperforming so far this year. Source
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Stocks making the biggest moves midday: Twitter, Starbucks, Tesla and more
Andrew Burton | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Twitter — The social media company soared 26.6% after a filing revealed that Elon Musk has taken a 9.2% passive stake in the firm, worth about $2.9 billion. The purchase came weeks after the Tesla CEO polled […]
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