Month: May 2020

The housing market in Austin, Texas, is quickly rebounding from the effects of the coronavirus. Getty As mortgage applications, price appreciation and slowly growing new listings indicate that the national real estate industry is finally mending from the coronavirus, some housing markets are charting faster and stronger recoveries than others. The reasons why some cities
0 Comments
Zillow CEO Richard Barton told CNBC on Friday that the online real estate company has not observed a dramatic spike in people moving out of dense, urban areas due to the coronavirus pandemic.  “We’re all searching for our data to confirm our bias, or our theory, that people are moving out of the city into the suburbs,” Barton said
0 Comments
The municipal market concluded the final trading session of May on steady footing, with secondary yields remaining flat Friday amid a pickup in issuance. Meanwhile, New York City will begin to reopen starting June 8, the mayor and governor said Friday. Generic municipal yields have held at steady levels, though some sources said that is
0 Comments
Both of these brokers have features built to appeal to buy-and-hold investors who take a long view. Vanguard built its reputation on mutual funds, and it is the world’s top provider of index funds. The brokerage was launched in 1983. Merrill Edge started operations in 2010 following Bank of America’s acquisition of Merrill Lynch, so
0 Comments
Sony’s PlayStation 5 is “on track” for a full global launch later this year, according to the head of the Japanese company’s video-gaming division, despite fears that the coronavirus emergency could curtail supplies of the long-awaited console. As Sony prepares to unveil the PS5’s first slate of games at an online showcase next week, manufacturing
0 Comments
US daily death toll rises by most in week Mamta Badkar in New York The daily coronavirus death toll in the US climbed the most in seven days, a further sign the pandemic is spreading outside the country’s longtime hotspots New York and New Jersey as states push ahead with plans to gradually reopen their
0 Comments
Bloomberg | Bloomberg | Getty Images Check out the companies making headlines after the bell. Salesforce.com — The enterprise software provider’s stock dropped 3% in extended trading after the company provided its first-quarter financial results. Salesforce.com said it had earnings of 70 cents per share excluding some items on revenue of $4.87 billion, while analysts
0 Comments
Trading Nation: Homebuilders surge 44% this quarter, here’s where it could be headed Jobless claims indicate Covid-19’s worst economic damage may be over—Four experts on what’s next Market is recovering faster than most investors think, Oppenheimer’s John Stoltzfus suggests Market is showing resiliency despite coronavirus risks, Oppenheimer’s John Stoltzfus says Disney moves to reopen Orlando.
0 Comments
For years, Apple (AAPL​) has held onto its rank as the most valuable publicly traded company in the world. As of May 27, 2020, its market capitalization is $1.4 trillion. That’s above the likes of other major technology companies, such as Amazon.com (AMZN) and Google (GOOG). Apple shares are trading at $318 a share.  The rise of Apple
0 Comments
Reena SenGupta founded RSG Consulting in 2001 to provide research and consultancy to law firms and in-house counsel. With nearly 30 years’ experience of business and the City, she is known as one of the leading analysts of the legal profession. As editor and publishing director of Chambers & Partners Publishing in the mid-nineties, she devised the research
0 Comments
CNBC’s Jim Cramer said Wednesday that he thought some stocks were rallying too far too quickly given the high level of unemployment in the United States as the economy tries to pull out of the coronavirus slowdown.  “It’s too ‘happy days are here again,'” Cramer said on “Squawk on the Street.” “It’s just not going
0 Comments
Real estate investment trusts (REITs) is one of the most popular options for investors seeking regular income. A REIT must distribute more than 90% of its earnings each year in order to maintain its tax-free status. For investors, that means relatively high dividend payments and consistent dividend policies. They have become popular with investors because
0 Comments
Construction workers build a Toll Brothers home in Boca Raton, Florida. Joe Raedle | Getty Images Check out the companies making headlines after the bell. Virgin Galactic Holdings — The aerospace company’s stock fell 3% in extended trading after fellow space travel company SpaceX had to delay its historic astronaut launch with NASA because of bad weather.
0 Comments
Drug developers like Celgene (CELG) are constantly innovating new medicine to offset the risk of sliding sales tied to expiring patents and that means investors should always be paying attention to when patents are set to end on key, top-selling therapies, such as Celgene’s Revlimid. Read on to learn more about Celgene’s top-selling drugs and the
0 Comments
Walmart (WMT) is a U.S.-based multinational retail corporation that operates as a chain of discount department stores and a chain of warehouse stores. The company has over 11,500 locations across the globe and is the world’s largest company by revenue. Additionally, Walmart is the largest private employer in the world with over 2.2 million employees.
0 Comments