Archive for Tag: trade idea

TOP 5 STOCKS TO WATCHOUT & TRADE TODAY – AUGUST 27, 2021

1.Dell:-Stocks of Dell and HP traded lower in Friday’s premarket on worries over higher input costs and lengthening order backlogs due to component shortages. HP chief executive Enrique Lores told analysts after the company’s quarterly results that it had a full quarter’s worth of order backlogs that it hadn’t...

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Boeing Plans Investment in Virgin Orbit’s $3.2 Billion SPAC Listing

Boeing Co.is trading up 0.24% at 212.67 Boeing Co.has committed to invest in Richard Branson’s Virgin Orbit as part of the satellite-launching start-up’s planned $3.2 billion SPAC listing later this year, according to a person familiar with the matter. Virgin Orbit plans to list on the Nasdaq stock market...

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ING reports $2.5 billion pre-tax profit, plans dividends and buybacks

ING Groep NVis trading up 1.07% at 11.28 ING Groep NVon Friday reported a better-than-expected quarterly pre-tax profit of 2.07 billion euros ($2.45 billion) and said it plans to resume paying dividends as it reversed some provisions for bad loans taken amid the coronavirus pandemic. Analysts had forecast a...

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Sanofi bets on mRNA vaccines beyond COVID in $3.2 billion Translate Bio deal

Sanofiis trading down 0.18% at 86.59 Sanofi has agreed to buy U.S. biotech company Translate Bio (NASDAQ:TBIO) in a $3.2 billion deal, as it bets on next-generation mRNA vaccine technology beyond the COVID-19 pandemic, confirming a Reuters exclusive report. The French pharmaceuticals firm said it would acquire all outstanding...

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TOP 5 STOCKS TO WATCHOUT & TRADE TODAY – JULY 28, 2021

1.APPLE : Apple reported third quarter earnings that set a record and beat Wall Street expectations. Apple announced earnings per share of $1.30 on revenue of $81.43 billion. Analysts polled by Investing.com anticipated EPS of $1.01 on revenue of $73.26 billion. Apple shares are up 10% from the beginning...

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Johnson & Johnson forecasts $2.5 billion in COVID-19 vaccine sales this year

Johnson & Johnson (NYSE:JNJ) is trading up 0.94% at 168.45 Johnson & Johnson on Wednesday forecast just $2.5 billion in 2021 sales of its COVID-19 vaccine, which has fallen way behind rival shots from Pfizer and Moderna (NASDAQ:MRNA) as the company deals with vaccine production issues and safety concerns....

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Facebook Slips After Biden Accuses it of Killing with Vaccine Misinformation

Facebook (NASDAQ:FB) is trading down 0.96% at 341.16 Facebook (NASDAQ:FB) stock was trading 0.4% lower in Monday’s premarket trading after U.S. President Joe Biden accused it of “killing people” by allowing the spread of misinformation about Covid-19 vaccines on its social network. “The only pandemic we have is among...

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Boeing cuts 787 production as new structural problem discovered

Boeing (NYSE:BA) Cois trading down 0.54% at 238.29 Boeing (NYSE:BA) Cosaid on Tuesday it would cut its 787-production rate as it works through a new production-related structural defect in its troubled twin-aisle airliner program. The company now forecasts delivering fewer than half of the lingering 100 or so 787s...

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U.S. states allege Google ‘unlawfully’ preserves Play Store monopoly

Alphabet (NASDAQ:GOOGL) Inc is trading down 0.10% at 2529.79 Thirty-seven U.S. state and district attorneys general sued Alphabet (NASDAQ:GOOGL) Inc’s Google on Wednesday, alleging that it bought off competitors and used restrictive contracts to unlawfully maintain a monopoly for its app store on Android phones. The allegations about Google’s...

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