The U.S. saw yet another day of record coronavirus casualties on Thursday, led mostly by a relentless surge in the stricken Sun Belt region.
A group of Ford employees has reportedly asked company executives to rethink its role in supplying vehicles to law enforcement organizations, making it the first large automotive manufacturer known to be facing internal pressure to change its relationship with American police departments. The letter, which tipsters revealed to Jalopnik, was reportedly written by a group of employees who are concerned about Ford's cozy relationship with U.S. law enforcement agencies. It comes in the wake of a message delivered to company employees in early June calling for employees to come forward with suggestions for addressing racial and social injustice.
Mortgage Connect LP, a national mortgage services provider for the nation's largest financial institutions, investors and servicers, is pleased to announce the addition of Gabe Minton as Chief Information Officer. With more than 26 years of experience developing next generation platforms, Minton joins a team made up of some of the most experienced and accomplished leaders in the mortgage industry.
(Bloomberg) -- A triple-leveraged ETF that tracks some of the world’s biggest technology companies is poised for its worst week of outflows in a decade after soaring more than 200% from its March low.The $6.8 billion ProShares UltraPro QQQ, which seeks investment results that correspond to three times the daily performance of the Nasdaq-100 Index, has already lost almost $500 million in the span, according to data compiled by Bloomberg. That puts the exchange-traded fund on pace for its largest weekly withdrawals since TQQQ started trading in February 2010.The megacap tech trade has ruled stocks for months, with investors piling into companies with rock-solid balance sheets and that benefit from the stay-at-home economy. The Nasdaq 100, including Microsoft, Apple, Amazon.com and Alphabet, is headed for an annual gain that ranks with its best of the last two decades, raising some concern whether the big-tech rally can continue.“The outflows here look like classic profit-taking from an ETF that has been in money printing machine mode for about three months straight,” said Eric Balchunas, an ETF analyst for Bloomberg Intelligence. “These traders know not to push their luck, which is the key to not losing your shirt with exotic ETFs.”The outflows may not persist, though. With more states slowing or reversing reopening measures, demand for the companies that can withstand another economic setback has been rising again. As of Thursday afternoon, the Nasdaq 100 was outperforming the other major equity benchmarks. TQQQ rose 0.9% at 2:01 p.m. in New York.(Adds trading to last paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Cruise line stocks are dropping across the board in Thursday-afternoon trading -- and that just isn't fair. As of 12:35 p.m. EDT, shares of Royal Caribbean (NYSE: RCL) have tumbled 5.2%, Norwegian Cruise Line Holdings (NYSE: NCLH) is down 4.2%, and even industry giant Carnival (NYSE: CCL) (NYSE: CUK) is slipping 2.5%.
The Toy Insider, one of the toy industry's most influential organizations and a trusted go-to resource for parents and gift-givers, will host their first-ever Sweet Suite@Home, the ultimate virtual toy party where members of the media and digital influencers are invited to remotely discover the hottest new toys from more than 50 toy companies.
Vancouver, British Columbia--(Newsfile Corp. - July 9, 2020) - ECO Canada - President and CEO Kevin Nilsen discusses the company's stewardship for the Canadian environmental workforce across all industries.If you cannot view the video above, please visit:https://www.b-tv.com/eco-canada-environmental-professionals-ceo-clip-90sec/ECO Canada is being featured on BNN Bloomberg on July 11th & 12th, 2020, throughout the day and evenings.ECO Canadawww.eco.ca About CEO Clips:CEO Clips is the largest library of publicly traded company ...
Demand for plant-based meat substitutes like the burgers from Beyond Meat (NASDAQ: BYND) is already strong, but the growth outlook might be brighter than investors thought. Kroger (NYSE: KR) on Thursday revealed that a few modest tweaks to its marketing approach helped those sales rise more than 75% in recent months compared with stores that were not participating in the study. Specifically, the supermarket giant moved meat substitutes over to the meat section of its stores rather than keeping them in the traditional refrigerated food sections.
SANTA BARBARA, Calif., July 09, 2020 -- As more insurtechs plan an entrance into the insurance market, many are turning to organizations like InsurTech NY, a community-based.
* U.S. COVID cases surge on Wednesday * NY prosecutor can get Trump's financial records -Supreme Court * Euro falls from 1-month high vs dollar * Chinese yuan rises to four-month peak vs dollar * Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh (Adds new comment, updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, July 9 (Reuters) - The dollar rallied from a four-week low on Thursday, as weaker U.S. stocks enhanced the currency's safe-haven appeal for investors following a surge in new coronavirus cases and a U.S. Supreme Court ruling on President Donald Trump's financial records. The dollar rally coincided with the Supreme Court ruling on Thursday that a New York prosecutor can obtain Trump's financial records.
Sage Growth Partners (SGP) today announced findings from a new survey of U.S. physicians that assesses how COVID-19 has changed the way they deliver care—specifically how they have incorporated telehealth into their practices. The survey was administered to 4,380 physicians across the U.S. in primary care, medical and surgical specialties, and behavioral health from May 28 - June 3 2020. It follows a previous physician survey conducted the week of May 20 2020.
Today we will run through one way of estimating the intrinsic value of Cohu, Inc. (NASDAQ:COHU) by projecting its...
Lucy Liu has been cast in the lead role of Shana Goldberg-Meehan's multi-camera workplace comedy pilot at ABC formerly known as "Bossy" and "Kids Matter Now." Liu will play Devin, described as the fierce and powerful head of Shelter, a large and successful modern furniture company. She is a force and is unfamiliar with failure. But […]
SCOTTSDALE, Ariz., July 09, 2020 -- The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), a producer of premium bottled alkaline and flavored water sold under.
GREELEY, Colo., July 09, 2020 -- Pilgrim’s Pride Corporation (NASDAQ: PPC) announced today that it will host its second quarter 2020 earnings conference call and webcast on.
Most pop producers pine for a proverbial “big break,” and for Yonatan Goldstein, who goes by Johnny Goldstein, they don’t get much larger than co-production credit on 12 out of 15 tracks from the Black Eyed Peas’ buzzing “Translation” album including breakout hit "Mamacita" featuring Ozuna and J. Rey Soul. The Epic Records release boasts […]
ProSight Specialty Insurance is proud to announce that it has been named a 2020 Impact Award winner by the Novarica Insurance Technology Research Council. As its name states, the Novarica Impact Award is presented to insurance CIOs and their teams for delivering business impacts, and ProSight did just that with its award-winning Legacy Decommissioning project.
The Global Biosurfactants Market will grow by $ 3388.02 K during 2020-2024
Morinaga Milk confirmed that its proprietary probiotic strain B. breve A1 is safe and effective for improving memory of older adults with MCI in a RCT
Shares of Incyte (NASDAQ: INCY) rose more than 19% in the first six months of the year, according to data provided by S&P Global Market Intelligence. After struggling to commercialize pipeline assets in recent years and diversify revenue away from Jakafi, Incyte appears to be making tangible progress with its late-stage pipeline. Wall Street appears a little more willing to buy into the company's growth pitch, which rests on a solid foundation provided by the Jakafi franchise.
The "Anti-Icing Coating - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Sheba Medical Center at Tel HaShomer and Immunicom, Inc. are initiating a ground-breaking clinical trial to evaluate the clinical effectiveness of the Immunicom LW-02 plasma filtration device as a monotherapy and in combination with an anti-PD-1 immune checkpoint inhibitor. Sheba Medical Center, which is located in metro Tel Aviv, Israel, is the largest medical facility of its kind in the Middle East and was recently ranked as one of the top 10 Best Hospitals in the World by Newsweek magazine.