Tag Archives: WFC

Top 10 Canadian Stocks To Watch Right Now

What happened

On Thursday, Canadian marijuana company HEXO (NYSE:HEXO) announced yet another flotation of new securities to bolster its finances. The company’s stock price soon went in the expected direction — down, that is, by nearly 6% on the day.

So what

In Thursday’s pronouncement, HEXO said that it would issue equity “units” to investors. This is a common instrument of capital-seeking marijuana companies. Usually, one unit is a package comprising the company’s stock and a warrant thrown in as a sweetener.

Image source: Getty....More>>>

Top Bank Stocks To Invest In 2023

Avis Budget  (CAR)  shares jumped Thursday, after Bank of America upgraded the car rental stalwart to buy from neutral.

“Many of the macro factors driving ‘over-earning’ by the company in 2021 will likely persist well into 2022,” BofA analysts wrote in a commentary.

That includes “limited incoming vehicle supply and tight average fleet, elevated revenue per day from the ongoing supply/demand imbalance and moderated per unit fleet cost from elevated used vehicle pricing.”

So: “Combined with ongoing execution by Avis,....More>>>

Hot Bank Stocks To Invest In Right Now

Haverty Furniture Companies, Inc. (HVT Quick QuoteHVT ) recently shared business updates for third-quarter sales and comparable store sales performance. Management cited that the company’s sales for the third quarter to date grew more than 21% year over year. Also, comps improved 19.5% year over year in the same time frame.

Written business was up 2.7% and comps written business grew 1% year over year so far in the third quarter.

With respect to this, Clarence Smith, chairman and CEO, Haverty, said, “Our business continues to be strong as we work to deliver customers’....More>>>

Top 10 Bank Stocks To Invest In 2023

Aareal Bank AG (OTCMKTS:AAALF – Get Rating) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 1,300 shares, a drop of 7.1% from the September 15th total of 1,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ? days.

Aareal Bank Price Performance

Shares of Aareal Bank stock opened at $31.99 on Wednesday. Aareal Bank has a 12 month low of $24.50 and a 12 month high of $33.00. The stock’s fifty day simple moving average is $31.99....More>>>

Best Bank Stocks To Watch For 2023

WELLINGTON, New Zealand–The Reserve Bank of New Zealand left its policy rate unchanged at a record low, as an outbreak of the Covid-19 Delta variant upends daily life and threatens to set back the economic recovery.

The central bank on Wednesday said the economy no longer needs the current level of monetary stimulus, but it decided to keep the cash rate at 0.25% for now because of uncertainty stemming from the virus outbreak.

New Zealand has entered a lockdown that has closed schools and most businesses following the discovery of Covid-19 cases that are the first in the....More>>>