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Reuters
UK businesses most downbeat about profits since Q4 2020 – BCC
British companies are the most downbeat about the outlook for their profits since the depths of the COVID-19 pandemic in late 2020 despite widespread plans to raise prices, a major survey showed on Thursday, adding to signs of gloom about the economy. Only one in three businesses are confident their profits will increase in the coming year, while 39% expect a decline, according to the British Chambers of Commerce’s (BCC) quarterly survey, the largest of its kind. Concerns that soaring inflation will become entrenched have spurred the Bank of England to hike interest rates.
CNW Group
The Valens Company to Release Financial Results for the Third Quarter of 2022
The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) (the “Company” “The Valens Company” or “Valens”) a leading manufacturer of cannabis products, is pleased to announce it will issue its third quarter 2022 financial results for the period ended August 31, 2022, on Thursday, October 13, 2022, before market open.
SmartAsset
Investing Pros Point to These Barriers When Implementing ESG Policies
Investments that weigh environmental, social and governance (ESG) factors have a material impact on the investment policies of a group of recently surveyed asset owners. But hurdles remain on the road toward implementing ESG policies, respondents say in the multipart … Continue reading → The post Investing Pros Point to These Barriers When Implementing ESG Policies appeared first on SmartAsset Blog.
Barrons.com
AMD’s Revenue Misses by a Mile. The Stock Is Falling.
The chip maker warned that revenue for the third quarter would be lower than expected. CEO Lisa Su said that the PC market has “weakened significantly.”
Motley Fool
What the Smartest Investors Know About Carnival Stock
Cruise line Carnival (NYSE: CCL) has become a popular comeback story on Wall Street. COVID-19 did a lot of damage to tourism-focused companies like Carnival, which are just now getting their sea legs back under them. Carnival could hit the high seas at full capacity over the next several years.
Motley Fool
Why Agenus Stock Rose 18.4% on Thursday
Shares of Agenus (NASDAQ: AGEN), a clinical-stage biopharmaceutical company that specializes in immuno-oncology, saw its shares jump 18.4% on Thursday. First, the company on Wednesday said it planned to present data on botensilimab, a therapy that is being studied for its effectiveness as a combination drug or a monotherapy to active T-cell immune responses in patients who have pancreatic cancer, colorectal cancer, or melanoma, a type of skin cancer. Another move that helped push up the stock was the announcement of inside buying of Agenus stock by some members of the company’s board of directors on Wednesday, including Susan Hirsch, Wadih Jordan, Ulf Wiinberg, and Timothy Wright, totaling more than 30,000 Agenus shares.
Motley Fool
Why Ford, Tesla, and Nio Stocks Fell Today
Tic-tac-toe, three in a row, shares of Ford Motor Company (NYSE: F), Tesla (NASDAQ: TSLA), and Nio (NYSE: NIO) are down 2%, 1.9%, and 5.9%, respectively. In the case of electric vehicle (EV) specialists Tesla and Nio, it’s basically Wall Street to blame for today’s declines. Granted, yesterday’s announcement that Elon Musk has apparently decided he will buy Twitter after all is probably still having an effect on Tesla stock — but there’s new news, too.
Insider Monkey
15 Best Short Squeeze Stocks to Buy Now
In this article, we discuss 15 best short squeeze stocks to buy now. If you want to see more stocks like these, check out 5 Best Short Squeeze Stocks to Buy Now. In 2021, retail trading activity resulted in an unparalleled short squeeze that led major capital market players to lose billions of dollars. In […]
Motley Fool
These 3 Oil Stocks Are Wildly Undervalued as Crude Surges Toward $90 a Barrel
Oil prices have been all over the place this year. WTI, the primary U.S. oil price benchmark, started 2022 at around $75 a barrel before rocketing over $120 a barrel following Russia’s invasion of Ukraine. The move could keep a floor under crude prices and potentially push them higher depending on demand and other supplies.
Zacks
The Zacks Analyst Blog Highlights Shell, Chevron, Cheniere Energy, Kinder Morgan and Energy Transfer LP
Shell, Chevron, Cheniere Energy, Kinder Morgan and Energy Transfer LP are part of the Zacks top Analyst Blog.
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