Month: May 2020

Todd Bunton, CFA, Growth & Income Stock Strategist at Zacks Investment Research, discusses a stock that might be worth a closer look by investors: Omega Healthcare Investors (OHI). This healthcare REIT is a dominate player in the skilled nursing facility space. It recently delivered a solid ‘beat and raise’, prompting analysts to revise their estimates
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Key Takeaways Noncurrent assets describe a company’s long-term investments/assets that have useful lives of at least one year. Noncurrent assets traditionally include real estate properties, manufacturing plants, equipment, and other tangible or fixed physical items that are highly illiquid because they can’t be expeditiously sold for cash. In some cases, noncurrent assets also include intangible
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The rising tensions between the U.S. and China could continue to hang over the technology sector, even though President Donald Trump on Friday stopped short of threatening Beijing with more trade actions. The president said the U.S. was ending its preferential treatment of Hong Kong and terminated the U.S. relationship with the World Health Organization
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Sonya Carp and her husband own two short-term rental properties in Florida, and they have decided to list one for sale as a result of the coronavirus pandemic. Courtesy of Sonya Carp Consolidation is hitting the market for short-term home rentals as the coronavirus pandemic has curtailed travel dramatically this year. Small landlords and venture-backed
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Spending by U.S. consumers fell a record 13.6% in April as the COVID-19 pandemic slashed demand for goods and services. The Labor Department reported on Friday that personal consumption expenditures fell $1.89 trillion last month while personal outlays dropped $1.91 trillion. Real personal consumption expenditures decreased 13.2%. The PCE price index fell 0.5%; excluding food
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In April 2012, when Facebook acquired the photo-sharing app Instagram for around $1 billion in cash and stock, many Wall Streeters were puzzled. At the time, Instagram was less than two years old, boasted an employee workforce of 13, and had no revenue. In 2019, Instagram generated $20 billion in advertising revenue, according to Omnicore, a
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CNBC’s Jim Cramer said Friday he’s concerned the stock market’s rally from its March lows may run out of steam unless Congress approves additional coronavirus relief measures.  “Without another package, I know it’s trillions of dollars, we’re just going to kind of sputter out,” Cramer said on “Squawk Box.” ”I get worried. It’s just too many people that
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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
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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
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Starbucks vs. Dunkin’: An Overview Starbucks Corp. (SBUX) and Dunkin’ Brands (DNKN) are the two largest eatery chains in the U.S. that specialize in coffee. Both companies offer similar coffee options—although different food options—and both have similar overall strategies. Nonetheless, there are key differences in their business models related to scale, store ownership, and branding. Despite
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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
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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
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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.
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Investors have been pouring money into the newly launched blockchain ETFs, here is what they need to know (BLOK, BLCN, LEGR, KOIN). AMP-TFR DAT SHR: https://www.zacks.com/funds/etf/BLOK/profile?cid=CS-YOUTUBE-FT-VID REALT-NDQ NEXGN: https://www.zacks.com/funds/etf/BLCN/profile?cid=CS-YOUTUBE-FT-VID FT-INDXX INN TP: https://www.zacks.com/funds/etf/LEGR/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
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The UK government has opened a path to citizenship for more than 300,000 Hong Kong residents in a bold riposte to China’s security crackdown on its former colony. Dominic Raab, foreign secretary, has pledged to extend visa rights for British National (Overseas) passport holders and facilitate their path to British citizenship unless Beijing rows back
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