
HSBC Downgrades Nike From Buy to Hold
With the rapid spread of the novel coronavirus (COVID-19) and fears mounting, many company stocks are being downgraded by analysts. In this light, the HSBC (HSBC) downgraded the stocks of Nike (NKE) f...
With the rapid spread of the novel coronavirus (COVID-19) and fears mounting, many company stocks are being downgraded by analysts. In this light, the HSBC (HSBC) downgraded the stocks of Nike (NKE) f...
On Wednesday, Feb. 26, 2020, Papa John’s Inc. (NASDAQ: PZZA) announced that earnings for its fourth-quarter beat the expectation of analysts, as well as exceeding the top and bottom lines. The furth...
Following the credit card company, Mastercard’s revelation on Monday, Feb. 24, 2020, that the deadly coronavirus outbreak could have an effect on its revenue for the 2020 fiscal year, its shares f...
Following a fresh round of funding, British fintech start-up has been able to raise $500 million, which now brings the valuation of the company to $5.5 billion. TCV, a Silicon Valley-based venture ...
Turbo Tax maker, Intuit (INTU) Inc. has made a move to acquire financial services and software company, Credit Karma in a deal that is worth about $7.1 billion in both cash and stock. Credit Karma i...
On Monday, Feb 24, 2020, Bernama state news agency reported that subsidiaries of Goldman Sachs (GS) numbering three pleaded not guilty to charges of misleading investors regarding $6.5 billion i...
Nvidia (NVDA), one of the major artificial intelligence and graphics chip makers in the United States, submitted its long-awaited fourth-quarter financial report on 13th February 2020. In the re...
On Monday, Xerox Holdings Corporation upped the ante in its bid for a stunning merger with HP Inc (HP +2.6%). Worth around $18.40 in cash and 0.149 Xerox shares (XRX + 1.4 %) for each HP sha...
By the close of 2019, the stock market had recorded a 22.3% increase in the Dow 30 Industrials with the S&P 500 at 28.9%, and the NASDAQ at 35.2%; making 2019 a really good year for the stock ...
With a booming stock market, we always sell stocks higher than the price at which it was bought. Even though the stock market is not highly volatile, we can never be very sure of what the market will ...