Recession-hit Japan's exports, imports fall due to pandemic. Bank Stocks: Solid Value or Substantial Risk?. The Latest: Japan ending state of emergency in 3 prefectures.
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The Early Bird Newsletter

Thursday, May 21st

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Markets

Recession-hit Japan's exports, imports fall due to pandemic

Recession-hit Japan's exports plunged nearly 22% in April, marking their worst drop in more than a decade, as the coronavirus pandemic slammed global demand for autos, machinery and chemicals. Imports fell 7% from a year earlier, according to Finance Ministry data released Thursday. ...

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Stocks

Bank Stocks: Solid Value or Substantial Risk?

If you are looking for good value in today’s market, you might be having a hard time. The market has rallied strong over the last several weeks and left many investors that were waiting for a retest of the March lows in the dust. There are some sectors in the market that have been beaten up ...

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Politics

The Latest: Japan ending state of emergency in 3 prefectures

Japan’s economy minister says experts have approved a government plan to remove a coronavirus state of emergency in Osaka and two neighboring prefectures in the west where the infection is deemed slowing, while keeping the measure in place in the Tokyo region and Hokkaido

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Politics

The Latest: African countries urged to up testing tenfold

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — ‘We’re expendable’: Ru...

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Politics

China lawmakers gather as doubts swirl over pandemic safety

China is convening its biggest political gathering and President Donald Trump has said he is considering holding the Group of Seven summit in June as doubts simmer over how safe is safe enough with the pandemic still not under control

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Politics

Ex-Green Beret nabbed in exec's escape has lived on the edge

Decades before a security camera caught Michael Taylor coming off a jet that was carrying one of the world’s most-wanted fugitives, the former Green Beret had a hard-earned reputation for taking on dicey assignments. Over the years, Taylor had been hired by parents to rescue abducted ...

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Stocks

Intel Leads Blue Chip Rally

The recovery in equities continued on Thursday as the Dow Jones Industrial Index soared and was up more than 400 points at one stage. As economies around the world and within the US continue to reopen while authorities scale back restrictions, investors haven’t been slow about flooding back in...

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Markets

It’s Time To Start Buying Dividend King Hormel

Consumer Staples Continue To Shine Among the best investment choices are consumer staples and Dividend Kings. When those pedigrees intersect, I usually find a stock that’s on the move, or about to be. Today’s news is no different. Hormel (HRL)  made headlines with a “mixed&rd...

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Markets

Home Depot Thinks About Next Move

After a staggering 70% bounce from March’s lows and with shares back trading at pre-coronavirus levels, the only thing that could have rapidly undone the recovery for The Home Depot (NYSE: HD) was a dismal earnings report.

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The Early Bird Stock Of The Day

Nike Inc

Nike Inc

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories: running, NIKE basketball, the Jordan brand, football, training, and sportswear. It also markets products designed for kids, as well as for other athletic and recreational uses, such as American football, baseball, cricket, lacrosse, skateboarding, tennis, volleyball, wrestling, walking, and outdoor activities; and apparel with licensed college and professional team and league logos, as well as sells sports apparel. In addition, the company sells a line of performance equipment and accessories, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment under the NIKE brand for sports activities; various plastic products to other manufacturers; athletic and casual footwear, apparel, and accessories under the Jumpman trademark; casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks; and action sports and youth lifestyle apparel and accessories under the Hurley trademark. Further, it licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. NIKE, Inc. sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.

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The Early Bird is a daily email newsletter powered by MarketBeat that covers the top stories that will impact the stock market each day. Read your copy every morning at 7:00 AM Eastern so that you can "catch the worm" when the market opens.

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