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Author: therawinformant
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Pfizer Inc. Just Missed EPS By 16%: Here’s What Analysts Think Will Happen Next
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Las Vegas Sands Corp. (NYSE:LVS) Analysts Are More Bearish Than They Used To Be
Today is shaping up negative for Las Vegas Sands Corp. (NYSE:LVS) shareholders, with the analysts delivering a…
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Community Health Systems, Inc. Beat Analyst Profit Forecasts, And Analysts Have New Estimates
Shareholders of Community Health Systems, Inc. (NYSE:CYH) will be pleased this week, given that the stock price is up…
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Exclusive: Exxon prepares spending, job cuts in last ditch move to save dividend
Exxon Mobil Corp is preparing deep spending and job cuts, according to people familiar with the matter, as it fights to preserve a 8% shareholder dividend with a multi-billion-dollar quarterly loss looming. The largest U.S. oil company slashed this year’s budget by 30% in April, but Chief Executive Darren Woods’s turnaround through rebounding demand and increased asset sales have not panned out and losses are climbing. On Friday, Exxon is expected to report a $2.63 billion second-quarter loss, according to Refinitiv Eikon data, on sharply lower prices and weaker production, the first back-to-back quarterly losses in at least 36 years.
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A day in the life of a Forex trader
Forex trading is usually considered a very strenuous activity for the individual, but most traders say that they feel quite relaxed most of the time. In order to clear up some misconceptions about forex trading in general, it’s a good idea to look at it the way a daily forex trader looks at it. It’s Read More…
The post A day in the life of a Forex trader appeared first on Wall Street Survivor.
source https://blog.wallstreetsurvivor.com/2020/07/30/a-day-in-the-life-of-a-forex-trader/
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JetBlue Airways Corporation (NASDAQ:JBLU) Analysts Just Cut Their EPS Forecasts Substantially
Today is shaping up negative for JetBlue Airways Corporation (NASDAQ:JBLU) shareholders, with the analysts delivering…
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HBO Now Will Become ‘HBO’ App on Amazon Fire TV as of Aug. 1
Amid the stalled talks between Amazon and WarnerMedia over getting HBO Max on Fire TV devices, the two sides reached an agreement on one front, at least: Fire TV users who subscribe to HBO Now will continue to be able to access the service, which is being rebranded simply as HBO, as of Aug. 1. […]
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Heat Biologics, Inc. (NASDAQ:HTBX) Analysts Just Slashed This Year’s Revenue Estimates By 12%
The latest analyst coverage could presage a bad day for Heat Biologics, Inc. (NASDAQ:HTBX), with the analysts making…
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Results: Advanced Micro Devices, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
As you might know, Advanced Micro Devices, Inc. (NASDAQ:AMD) just kicked off its latest second-quarter results with…
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Chinese Nio, Tesla Electric Vehicle Competitor Li Auto Raises $1.1B In US IPO
Li Auto Inc. has raised $1.1 billion in its initial public offering in the United States, Bloomberg reported. What Happened The Chinese electric vehicles maker sold 95 million American depositary shares priced at $11.50 each on Wednesday — above its previously indicated range of $8 to $10. The IPO values Li Auto at about $10 billion on these terms. The shares will begin trading Thursday under the symbol "LI" at the Nasdaq Stock Market.Goldman Sachs Group Inc (NYSE: GS), Morgan Stanley (NYSE: MS), UBS Group AG (NYSE: UBS), and China International Capital Corporation Limited (OTC: CNICF) are serving as the underwriters for the offering.Xiang Li, the CEO of the automaker will reportedly have 21% stake in the company at the conclusion of the IPO, with 72.7% of the total voting power.The listing is occurring simultaneously with a $380 million sale of shares to investors, including an affliate of the web-based shopping platform Meituan Dianping (OTC: MPNGY) and TikTok parent company ByteDance Ltd. Hillhouse Capital has also reportedly expressed interest in purchasing shares to the tune of $300 million at the IPO price.Why It Matters Li Auto sells SUVs priced between $21,000 and $70,000. It last reported a net loss of $10.89 million for the first quarter, with total revenue of $120.28 million. In the similar quarter last year, the company had posted a net loss of $344 million, an indication that its nearing profitability, Bloomberg noted.This month, another Chinese EV maker Nio Inc (NYSE: NIO), which held its IPO in September 2018, rallied to a record high and has run up nearly 216% year-till-date.A recent debutant on the markets, Nikola Corp (NASDAQ: NKLA) skyrocketed after its listing last month, and has clocked gains of 202% YTD. Elon Musk-led Tesla Inc (NASDAQ: TSLA) has surged 258% YTD.Photo by Jengtingchen via Wikimedia. See more from Benzinga * Apple Faces Fresh EU Antitrust Complaint Filed By Messaging App Telegram * Credit Suisse Reports Q2 Earnings Beat * Cryptocurrency Platform Diginex Aims Nasdaq Listing Through SPAC Merger By September(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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