Stocks

After the Reddit-fueled rally last month, MicroVision (MVIS) has given back much of its gains. So is now the time to buy this lidar stock or is Velodyne (VLDR) a better investment?.Last month MicroVision (MVIS) became a much talked about company on the Reddit WallStreetBets Investing forum. MVIS is a company that develops Lidar technology.… More

The infrastructure space is expected to benefit from increasing infrastructure spending as the global economy gradually reopens. Furthermore, President Biden’s proposal to spend $2 trillion-plus to rebuild infrastructure and reshape the U.S. economy could turbo-drive drive the industry’s growth. Given this backdrop, we believe lesser-known companies in the infrastructure sector, such as Federal Signal (NYSE:FSS)… More

By Liz Hampton (Reuters) – A Canadian renewable energy firm on Wednesday sued Citigroup Inc (NYSE:C) for rejecting force majeure declarations during a February winter storm and billing it over $100 million for replacement power, according to lawsuits filed in a Texas state court. Shannon Wind and Flat Top Wind, subsidiaries of Innergex Renewable Energy… More

Investors looking for dividend stocks should consider strategies such as the Dogs of the Dow. But make sure to check these stocks in our POWR Ratings system to find high yielding gems such as Verizon Communications (VZ), Pfizer (NYSE:PFE), and International Business Machines (NYSE:IBM).While high risk/reward investors focus on growth stocks, more conservative investors concentrate… More

By Gram Slattery RIO DE JANEIRO (Reuters) – Samarco Mineracao SA, a joint venture between Brazilian miner Vale SA (NYSE:VALE) and BHP Group (NYSE:BHP) Ltd, has filed for bankruptcy protection to prevent creditors’ claims from affecting its operations, Vale said in a Friday securities filing. The collapse of a dam at the Samarco mine complex… More

(Reuters) – Hertz Global Holdings (OTC:HTZGQ) Inc said on Saturday it has selected an enhanced proposal from Centerbridge Partners, Warburg Pincus, and Dundon Capital Partners to provide the equity capital required to fund the car rental company’s exit from Chapter 11. The proposed deal, which is subject to approval by the U.S. bankruptcy court for… More

(Reuters) – Wealth manager AMP (OTC:AMLTF) Ltd said on Monday that U.S.-based Ares Management (NYSE:ARES) Corp was interested in buying a 100% stake in its asset management arm’s private markets business, at the end of a 30-day exclusivity period between the two parties. AMP said it and Ares continued to work towards a potential deal,… More

Investing.com – Israel stocks were higher after the close on Monday, as gains in the Real Estate, Insurance and Financials sectors led shares higher. At the close in Tel Aviv, the TA 35 rose 1.29% to hit a new 1-month high. The best performers of the session on the TA 35 were Maytronics (TASE:MTRN), which… More

By David Shepardson WASHINGTON (Reuters) – The United Auto Workers union criticized Ford Motor (NYSE:F) Co’s plan to build a new vehicle in Mexico rather than at an Ohio plant, suggesting it might be in violation of the automaker’s contractual commitments. In a letter made public on Tuesday, UAW Vice President Gerald Kariem said Ford… More

(Reuters) – Australia’s banking regulator said on Friday it had closed the investigation against Westpac Banking (NYSE:WBK) Corp for possible breaches of anti-money laundering and counter-terrorism laws. The bank was first accused of breaching the laws in 2019 by the country’s financial crime watchdog AUSTRAC, which led to parallel probes by corporate regulator ASIC and… More

(Reuters) – Venture investor Chamath Palihapitiya on Saturday confirmed in a tweet that he has freed up some capital by selling shares in Virgin Galactic Holdings (NYSE:SPCE) Inc, for investing at scale without impacting his pace and strategic view. “I hated to do it but my balance sheet shrank by almost $2B this week,” he… More

WASHINGTON (Reuters) – The Massachusetts financial professional who gained notoriety as GameStop (NYSE:GME) bull “Roaring Kitty” is no longer a broker registered with the Financial Industry Regulatory Authority, according to the organization’s online records. Keith Gill, known as Roaring Kitty on YouTube and DeepF***ingValue on Reddit, is no longer a registered financial broker as of… More

Investing.com – NetApp (NASDAQ:NTAP) reported on Wednesday third quarter earnings that beat analysts’ forecasts and revenue that topped expectations. NetApp announced earnings per share of $1.1 on revenue of $1.47B. Analysts polled by Investing.com anticipated EPS of $1.01 on revenue of $1.43B. NetApp shares are up 7% from the beginning of the year, still down… More

By Herbert Lash NEW YORK (Reuters) – Stocks on Wall Street traded near breakeven on Friday as investors sold technology shares and rotated into economically sensitive cyclical stocks in anticipation the U.S. economy will boom on pent-up demand once the coronavirus pandemic is subdued. Industrials led rising sectors in the S&P 500, spurred by a… More