Company News for Feb 24, 2020

Zacks Equity Research

Mon, Feb 24, 2020, 9:36 AM

Deere & Co.’s DE shares rallied 7% after the company reported first quarter 2020 adjusted earnings per share of $1.63, outpacing the Zacks Consensus Estimate of $1.28.
Shares of W. P. Carey Inc. WPC surged 3.7% after the company posted fourth quarter 2019 adjusted earnings per share of $1.28, surpassing the Zacks Consensus Estimate of $1.26.
Pinnacle West Capital Corp. PNW shares gained 2.5% after posting fourth quarter 2019 adjusted earnings per share of $0.57, beating the Zacks Consensus Estimate of $0.47.
Shares of Teck Resources Ltd TECK plunged 15.3% after reporting fourth quarter 2019 adjusted earnings per share of $0.31, missing the Zacks Consensus Estimate of $0.35.

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Zacks Investment Research

Trump ‘offered to block electric car rollout’ as he asked oil bosses for $1bn
Donald Trump told oil industry executives he would dismantle Joe Biden’s pro-electric vehicle agenda as he asked for $1bn (£800m) to help return him to the White House, it has been claimed.
The Telegraph
A millennial who went to college in his 30s when his career stalled says his Bachelor's degree is 'worthless' and that he's been looking for a job for 3 years
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The U.S. national debt is a hot topic as the government continues to spend more than it earns. With the debt currently standing at a staggering $34 trillion, the interest payments alone are eating up a significant portion of the budget. In fact, the ...
Benzinga
Ask an Advisor: Can a Nursing Home Take Our IRA? We Have a $100K IRA and a Trust to Protect Our Assets
My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.
SmartAsset
A 63-year-old peak boomer said she 'can't even think about retiring' despite having a master's degree and working two jobs
Cathy, a 63-year-old clerical worker in Minnesota, fears she may never be able to fully retire, even though she's worked her entire life.
Business Insider
Morgan Stanley Predicts up to 110% Rally for These 2 ‘Strong Buy’ Stocks
Uncertainty is the word of the day, in reference to the near-term economic future. Sentiment will hinge on the inflation numbers due out next week. March’s figure rose to 3.5%, and April’s job numbers showed a marked slowing in the labor market; that combination has stoked fears of stagflation. But – corporate earnings from Q1 are beating expectations, and the stock market has taken a turn for the better with the S&P 500 closing just below 5,200 yesterday. Economic strategists are still optimist
TipRanks
1 Magnificent Dividend Stock Down 25% to Buy and Hold Forever
A falling stock price has made Agree Realty an even more attractive passive-income investment.
Motley Fool
Tesla Stock Closed Down. A Departing Exec Said What Everyone Is Thinking.
The outgoing head of product launches said layoffs have rocked the company and hurt morale and that it is “hard to see the long game.”
Barrons.com
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Barrons.com

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Company News for Feb 24, 2020

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