Hy-Vee announces changes in top leadership, new CEO
Hy-Vee announces changes in top leadership, new CEO
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Footwear NewsWalmart Cancels ‘Billions In Orders’ to Clear Out Inventory Excess
Walmart is cancelling orders to help it right-size inventory excesses.
- TipRanks
Billionaire Steve Cohen Pulls the Trigger on These 2 High-Yield Dividend Stocks
It’s easy to get vertigo, when markets get yanked around in several directions at once. The crazy currents we’ve seen in recent weeks have been a recipe for confusion – a bear turned into a bullish rally, inflation hit a 40+ year peak and then pulled back, the Federal Reserve made some of the most aggressive rate hikes in its history before sounding a dovish note. For the average investor, charting a course through these waters is a daunting task. It is in time like this that some expert advice
- Insider Monkey
Warren Buffett Loaded Up on These 10 Stocks for the Rest of 2022
In this article, we discuss the 10 stocks that Warren Buffett loaded up on for the rest of 2022. If you want to see more stocks in this selection, click Warren Buffett Loaded Up on These 5 Stocks for the Rest of 2022. Despite the high inflation and rising rates battering the US economy since […]
- TipRanks
2 “Strong Buy” Penny Stocks With Over 300% Upside on the Horizon
Finding returns is the point of investing, it’s the path to profits and prosperity. But how to get there – that’s the question investors need to answer. One common strategy – and one that offers plenty of promise for investors who don’t mind shouldering the extra risk – is to go after penny stocks. Traditionally seen as stocks priced for just pennies per share, these equities are now defined as those with a share price of $5 or less. For the tough-minded investors, these low-cost stocks present
- Barrons.com
It’s the Record Date for the Tesla Stock Split. What That Means.
Tesla stock will start trading at its three-for-one split adjusted price on Aug. 25. On the record date Wednesday, Tesla looks to see who its shareholders are.
- MarketWatch
Afraid you missed the stock-market bottom? This research says curb your FOMO.
Signs of FOMO are evident in the summer stock-market rally. A strategist takes a look at what happened to investors who 'missed' the bottom in previous bear markets.
- MarketWatch
This investor made $110 million from trading Bed Bath & Beyond — and he’s a 20-year-old student
A 20-year-old USC student has made a $110 million profit from trading meme stock favorite Bed Bath & Beyond, following a frenzy in Wednesday’s trading session.
- Business Insider
An indicator with a perfect track record shows stocks haven't bottomed yet - and markets shouldn't rule out a hard landing, BofA says
The so-called Rule of 20 has flashed at every market bottom since September 1974, according to Bank of America.
- Insider Monkey
“Winter Coming”: Michael Burry Sells These 11 Stocks to Brace for Impact
In this article, we discuss Michael Burry’s latest warnings about the economic outlook and the 11 stocks he is selling to brace for impact. If you want to read about five prominent stocks he dumped ahead of the economic crisis, click Michael Burry Sells These 5 Stocks to Brace for Impact. Michael Burry of “The […]
- Zacks
Is Annaly Capital Management (NLY) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Reuters
Indian rupee posts biggest intraday gain in over a week on risk rally
The Indian rupee closed higher on Wednesday marking its biggest single-day gain in more than one week spurred by dollar inflows, as improved risk appetite drove a rally in equities while the greenback posted losses. India's foreign exchange markets were shut on Monday and Tuesday. Dollar credits received by Indian exporters following the long weekend, healthy risk mood and weaker oil prices helped rupee make up for last week's underperformance, traders said.
- Motley Fool
3 Top Tech Stocks That Could Help Make You Rich by Retirement
Technology companies qualify as great compounders because many have dominant brands and are well-positioned to grow along with digital adoption and technological advancements. Apple (NASDAQ: AAPL) must surely qualify as one of the most innovative technology companies in the world. The technology behemoth has dipped just 5% year to date, despite a near-18% decline in the NASDAQ Composite index over the same period, a testament to its durability and resilience.
- Motley Fool
Nasdaq Bear Market: 3 Extraordinary Growth Stocks That Can Triple Your Money by 2028
A peak decline of 34% in the Nasdaq Composite is the perfect excuse for long-term investors to go shopping.
- Bloomberg
Philippines Eyes Billions With First Retail Bond Under Marcos
(Bloomberg) -- The Philippines is planning to sell its first local-currency bonds to retail investors since Ferdinand Marcos Jr. became president, in a debt offering that may raise billions of dollars. The sovereign will sell initially at least 30 billion pesos ($536 million) of bonds due in 2028, and allow existing holders to exchange debt due this year and early next year for the new securities, according to bankers involved in the transaction. The sale can easily raise $7 billion, said Michae
- Zacks
Lockheed (LMT) Wins $7.6B Deal to Procure 129 F-35 Aircraft
Lockheed's (LMT) Aeronautics business unit is going to provide 69 shipsets of technical hardware.
- Zacks
Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- MoneyWise
Blackstone is prepping a record $50 billion vehicle to scoop up cheap homes during the downturn — here's how to lock in higher yields than the big money
Priced out of the market? It's time to pivot.
- MarketWatch
Cardano leads way as largest cryptocurrencies decline
CRYPTO UPDATE All of the largest cryptocurrencies were down during morning trading on Wednesday, with Cardano (ADAUSD) seeing the biggest move, tumbling 5.55% to 54 cents. Polkadot (DOTUSD) shed 5.29% to $8.
- Reuters
Fed staff sees bond portfolio income turning negative in coming months
The development potentially signals that the stream of tens of billions of dollars from income earned from its bond portfolio that it has been sending annually to the U.S. Treasury may slow as the Fed shrinks its balance sheet. It should not affect the ability to implement monetary policy as directed by the Federal Open Market Committee, according to minutes of the July 26-27 meeting. The negative income would be shown as a deferred asset on the Fed's balance sheet, which "would be extinguished over time as net income turned positive again in later years."
- Insider Monkey
10 Copper Stocks to Buy Now as Recession Fears Recede
In this article, we discuss 10 copper stocks to buy now as recession fears recede. If you want to see more stocks in this selection, click 5 Copper Stocks to Buy Now as Recession Fears Recede. Copper prices reached their highest level in more than five weeks on August 10, after data reflected U.S. inflation […]