posted on: October 19, 2020
It was clear the time had come to do something.”, Everett mayor Cassie Franklin welcomed the temporary plant closure and thanked Boeing “for making what I know was not an easy decision.”, “Closing the production facility, however, will further reduce the potential to spread COVID-19,” Franklin said. The following are a few of this last week's most bullish and bearish posts that are worth another look.Bulls In "Tesla, Amazon, Nvidia May Be 'Extravagantly Priced' But Valuations Are Rational, Investment Firm Says," Shivdeep Dhaliwal is focused on reasons that Amazon.com, Inc (NASDAQ: AMZN) and the others are not overvalued, despite their high multiples.With tech earnings imminent, a key analyst has named some favorite stocks in the semiconductor space, including QUALCOMM, Inc. (NASDAQ: QCOM), according to Shanthi Rexaline's "4 Semiconductor Ideas Ahead Of Q3 Earnings." That cost them $4.00 million altogether. Note that this director also purchased around 21,000 shares of this Toronto-based alternative asset manager back in early September.Kronos Bio Inc (NASDAQ: KRON) had CEO Norbert Bischofberger and some other executives and directors take advantage of the initial public offering to buy more than 639,600 shares altogether at $19.00 apiece. Forget the Rent, Collect the Yield: Why Investors Looking to Retire Early Should Consider REITs, U.S Mortgage Rates Slide to another All-Time Low, 3 Monster Growth Stocks That Could Reach New Highs, These Are The 5 Best Stocks To Buy And Watch Now, Clifton, NJ: Say Bye To Expensive Solar Panels, Amid tensions with China, India warns Amazon, Flipkart over country of origin rule, GLOBAL MARKETS-Asian markets jump on vaccine, U.S. aid hopes; gains capped by China data, Last Week's Notable Insider Buys: Carnival, Citigroup And More, Wall Street Quietly Predicts Massive Market Event, Valuation: Casino stocks got clobbered by COVID-19. The Indian government has warned Amazon.com's local unit and Walmart's Flipkart that sellers on their platforms are not complying with a rule requiring that a product's country of origin be specified. The Latest: Boeing suspends operations in Seattle area. During this time, we will be conducting additional deep cleaning activities at impacted sites and establishing rigorous criteria for return to work. After speaking with NOVA’s founder and CEO John Berger, five-star analyst Joseph Osha, of JMP Securities, is even more confident in its long-term growth prospects, noting the “stock appears significantly undervalued.” Highlighting the storage business in particular, the analyst believes it is a major point of strength. BIG has cut the number of promo days in half in Q3 2020, when compared to Q3 2019.
At $42.50, the average price target implies 132% upside potential. “Organizations like these only have the privilege to exist when you have a healthy core business,” explained Nordlund, referring to the huge problems facing the commercial division with the 737 MAX and 787 Dreamliner. On top of this, DNLI could leverage this delivery platform for antibodies, proteins or enzymes not currently in its own portfolio, with increasing interest on assets from Biogen, according to Richter.
more_vert. In his letter, Nordlund assured that it is a pause until Boeing recovers its energies, drained by repeated problems with its main business, commercial airplanes. Boeing shares were rising 9.32% to $162.80 in premarket trading Tuesday. “The best case scenario is it’s just two weeks and you get some sort of bailout or some sort of stimulus package that injects a bunch of cash into Boeing and they’re effectively able to keep paying suppliers,” Herbert said. Bulls And Bears Of The Week: Citigroup, Eli Lilly, Ford, GE And More, Big Banks Could Lose Billions In The Global Energy Transition, Bearish Bets: 2 Intriguing Stocks You Should Consider Shorting This Week. What’s more critical for the stock market’s health than the outcome of the presidential election? The plant in South Carolina was Boeing's last commercial-jet factory still operating during the coronavirus outbreak. Ahead of a key data readout, Goldman Sachs has high hopes. “I think people would be very pleasantly surprised if it was just two weeks,” Ken Herbert, an industry analyst with investment bank Canaccord Genuity, said in an interview. Writing for Goldman Sachs, analyst Graig Suvannavejh points to its lead candidate, ATH-1017, which is a small molecule activator of HGF/MET currently being evaluated in a Phase 2/3 trial as a treatment for mild-to-moderate AD, as a key component of his bullish thesis. Another director also added 200,000 shares last week. This will be a key step to enabling the aerospace sector to bridge to recovery. He closed his message with an assurance on the future of the company. All Rights Reserved. See what else made the list and what to expect from those picks. Therefore, although BIG is guiding for flattish gross margins year-over-year, there is room for upside, in Keith’s opinion. “We’re balancing keeping livelihoods open versus keeping people safe. The suspension of production operations will last 14 days, during which Boeing will continue to monitor government guidance and actions on COVID-19 and its associated impacts on all company operations. Finally, NeXt plays a key role in Aerion’s AS2 executive supersonic jet.
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