Good MorningEquities advanced on Thursday under the double impetus of better than expected economic data & earnings. On the earnings front, a raft of reports came in not only better than expected but with improved guidance over the past two days. The reports underscore the expectation for the economic rebound to accelerate faster than previously predicted and continue to drive earnings growth over the remainder of the year.
On the economic front, there are two reports that have traders buzzing. The first is the weekly jobless claims figure. While still high at over 770,000 the figure fell unexpectedly over the past week and heightened the expectation for positive job growth in January. The second is the Factory Orders numbers, Factory Orders jumped 1.1% and nearly doubled the consensus as rising demand across all industries leaves shelves and inventories bare.
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Stocks | | | familiarizing yourself with some of the leading cannabis stocks can help you to take advantage of what is expected to be an industry worth billions in the coming years. Here are 3 smoking hot cannabis stocks that are worth adding now.
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Markets | | | Deutsche Bank made a profit of 624 million euros ($748 million) during the pandemic year 2020 as bond trading revenues grew and the German bank met its target for cutting costs.
The yearly net profit compared to a loss of 5.26 billion euros in 2019, when earnings were hit by large one... Read the Full Story |
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Politics | | | NAIROBI, Kenya — The head of the Africa Centers for Disease Control and Prevention says the COVID-19 case fatality rate on the continent “is becoming very troubling” as it creeps ever higher than the global one.
John Nkengasong told reporters that the fatality rate on the 54-nation c... Read the Full Story |
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Politics | | | STOCKHOLM — Sweden says it will develop a digital vaccination certificate this summer to allow people who have been vaccinated to travel.
Digitalization Minister Anders Ygeman said three authorities in Sweden had been asked to work on producing the certificate, and the plan is to coor... Read the Full Story |
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Politics | | | RAMALLAH, West Bank — The Palestinian Authority says it will receive 10,000 doses of Russia’s Sputnik V coronavirus vaccine, allowing it to step up a vaccination campaign launched earlier this week.
Health Minister Mai al-Kaila says in a statement that the doses will arrive Thursday. ... Read the Full Story |
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Politics | | | NAIROBI, Kenya — South Sudan has joined a growing list of African countries reimposing COVID-19 pandemic restrictions as infections rise again.
A statement by the national COVID-19 task force bans all social gatherings including religious and sporting events, and it closes schools.
... Read the Full Story |
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Markets | | | Professional staffing solutions provider Kforce Inc. (NASDAQ: KFRC) stock has been trying to break three-year highs on the acceleration of the post-pandemic economic recovery. Shares are tracking the benchmark S&P 500 index (NYSEARCA: SPY). The stay-at-home restrictions mandated during the COVID... Read the Full Story |
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Stocks | | | Often times the results are a one-off thing, hampered by an outlook for slowing growth, or coupled with weak guidance. That’s why the companies are on our list today are so attractive. They not only beat their consensus targets but Read the Full Story |
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Markets | | | Shares of The Clorox Company (NYSE:CLX) are falling after the company released calendar Q4 earnings and what some are calling weak guidance. To be clear, shares aren’t falling because the guidance is weak Read the Full Story |
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For technology buffs, one of the more exciting activities out there is to watch Apple patents. Sometimes, Apple will patent some amazing or otherwise bizarre piece of technology, but never actually do anything with it. The game that follows is whether or not a new patent will ever see the light of... Read the Full Story |
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The Early Bird Stock Of The Day Banco Santander-Chile, together with its subsidiaries, provides commercial and retail banking services in Chile. It operates through Retail Banking, Middle-Market, Corporate Investment Banking, and Corporate Activities segments. The company offers debit and credit cards, checking accounts, and savings products; consumer, automobile, commercial, mortgage, and government-guaranteed loans; and Chilean peso and foreign currency-denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines, as well as mortgage financing services. It also provides mutual fund management, insurance and securities brokerage, foreign exchange services, financial leasing, financial consulting and advisory, investment management, foreign trade, leasing, factoring, treasury, and transactional services, as well as specialized services to finance residential projects. In addition, the company offers short-term financing and fundraising, and brokerage services, as well as derivatives, securitization, and other products; and manages capital allocations. It serves individuals, small to middle-sized entities, companies, and large corporations, as well as universities, government entities, and local and regional governments. The company was incorporated in 1977 and is headquartered in Santiago, Chile. Banco Santander-Chile operates as a subsidiary of Banco Santander, S.A. | | View Today's Stock Pick |
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