Stocks pulled back from record highs Tuesday, with all three major U.S. indexes down over 1% through early afternoon trading. The drop followed the release of disappointing July retail figures, with sales down 1.1% from June. Headlines point to Delta variant concerns, but restaurants and b
Dogecoin (CRYPTO: DOGE) investors should soon expect to dive in for another major downturn. What Happened: According to a recent AMBCrypto technical analysis, Dogecoin's price rested on support located in the $0.28 area and its 12-hour 200-candle simple moving average.
No matter how many warnings experts issue regarding penny stocks, people invariably find their way into this speculative arena. And that issue has become even more prominent thanks to mobile trading apps like Robinhood (NASDAQ:HOOD). With the ability to wager on the full spectrum of investment vehicles right at your fingertips, Robinhood is somewhat of a mixed bag.
On the one hand, let’s at least give credit where it’s due. Prior to the novel coronavirus pandemic, financial analysts bemoaned that younger people were investing at a lower rate than prior generations at their....More>>>
Allegiant Travel (NASDAQ:ALGT) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Wednesday.
According to Zacks, “Shares of Allegiant Travel Company have declined 17.8% in the last three months. This downturn can be attributed to headwinds like capacity-related woes, safety-related issues and escalating fuel costs. In May, fuel costs were approximately $2.44 per gallon, higher than the April reading of $2.28 per gallon. With oil prices on an uptrend, it will not be surprising if Allegiant Travel....More>>>
Seadrill (NYSE:SDRL), while sporting one of the youngest fleets in the industry, is hugely over-levered with $8.9B in net debt. By the middle of 2017, net debt/EBITDA will hit 7x, above its maximum level of 6.5x. SDRL previously amended this so there is likely no room left. The firm has $3.17B of debt due in the next 12 months and only $1.25B of cash on hand. If sponsors don’t contribute $1-2B in capital, the equity will need to be restructured.
Seadrill also has over $4B in capex due through 2019 and this includes 14 newbuilds that are being delivered. None are contracted yet,....More>>>
CasinoCoin (CURRENCY:CSC) traded 26.1% lower against the U.S. dollar during the 24-hour period ending at 23:00 PM E.T. on June 10th. One CasinoCoin coin can currently be bought for about $0.0004 or 0.00000006 BTC on popular exchanges including cfinex and BitFlip. During the last seven days, CasinoCoin has traded 29.9% lower against the U.S. dollar. CasinoCoin has a market capitalization of $15.21 million and $5,864.00 worth of CasinoCoin was traded on exchanges in the last 24 hours.
Here’s how other cryptocurrencies have performed during the last 24 hours:
Equities research analysts expect PJT Partners Inc (NYSE:PJT) to announce earnings per share (EPS) of $0.38 for the current quarter, Zacks reports. Zero analysts have provided estimates for PJT Partners’ earnings. PJT Partners reported earnings of $0.27 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 40.7%. The business is scheduled to announce its next earnings results on Wednesday, August 1st.
According to Zacks, analysts expect that PJT Partners will report full year earnings of $2.29 per share for the current financial year.....More>>>
Shares of Apple Hospitality REIT, Inc. (NYSE:APLE) have been given a consensus rating of "Buy" by the six brokerages that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the compa