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Jet fuel prices take flight as vaccine roll-outs spur hopes of more air travel

Global jet fuel markets are coming back to life, resuscitated by a rebound in air cargo demand, gradually recovering passenger traffic and hopes that COVID-19 vaccines will spur more international flights in 2021......»»

Category: topSource: foxnewsDec 15th, 2020

JPMorgan keeps S&P 500 target as it increases earnings per share view

Strategists at JPMorgan on Friday lifted their view of earnings per share but kept their S&P 500 price target of 4,400. After a strong first quarter driven by robust demand and margin recovery, JPMorgan lifted its 2021 earnings per share view for S&P 5.....»»

Category: topSource: marketwatchMay 21st, 2021

Peloton’s bike wait time back to pre-COVID-19 levels

Peloton reported revenue growth of $1.26 billion in the quarter, up 141%, driven by strong demand for its Connected Fitness Products, an acceleration of deliveries and low churn levels......»»

Category: topSource: foxnewsMay 6th, 2021

Moderna reports $1.7 billion in COVID-19 vaccine sales, posts first profit ever

Moderna Inc. brought in $1.7 billion in sales of its COVID-19 vaccine in the first quarter of 2021, marking the company's fir.....»»

Category: topSource: marketwatchMay 6th, 2021

HannStar Board, GBM see 1Q21 profits hike on year

PCB makers HannStar Board and Global Brands Manufacture (GBM) both saw their net profits hike on year in the first quarter of 2021, driven by robust demand for PC, consumer electronics and automotive applications......»»

Category: topSource: digitimesApr 30th, 2021

: Goldman Sachs thinks the U.K. economy will grow faster than the U.S. — here’s why

Early indications show the country is bouncing back faster than expected due to its COVID-19 vaccine rollout......»»

Category: topSource: marketwatchApr 28th, 2021

: Shares in pharma giant Roche rise as COVID-19 tests offset drug sales slump

Demand for healthcare giant Roche’s COVID-19 tests helped to offset a decline in the core drugs business, the company said on Wednesday, as it reported sales for the first quarter of 2021 and confirmed its outlook for the year......»»

Category: topSource: marketwatchApr 21st, 2021

Bank Of America And Citigroup Struggle After Stellar Q1 Earnings

Bank Of America Corporation (NYSE: BAC) and Citigroup Inc (NYSE: C) reported first-quarter 2021 earnings results Thursday morning and, like Goldman Sachs Group Inc (NYSE: GS), JPMorga.....»»

Category: earningsSource: benzingaApr 15th, 2021

Delta sees profit later this year as it posts another dismal quarter

Air travel, stifled by the COVID-19 pandemic, is widely expected to rebound in the second half of 2021 as wide vaccine rollouts encourage travel and drive summer bookings......»»

Category: topSource: foxnewsApr 15th, 2021

Goldman Sachs posts record results as profits jump

Investment bank Goldman Sachs saw its profits nearly quintuple in the first quarter, driven by a massive surge of revenue from its core investment banking and trading operations......»»

Category: topSource: foxnewsApr 14th, 2021

Earnings Previews: Goldman Sachs, JPMorgan, Wells Fargo and Bed Bath & Beyond

Three of the five largest U.S. banks will report first-quarter 2021 earnings before markets open Wednesday morning. We'll also hear from specialty retailer Bed, Bath & Beyond......»»

Category: blogSource: 247wallstApr 12th, 2021

Hamilton Beach Brands Holding Company Announces Fourth Quarter And Full Year 2020 Results

GLEN ALLEN, Va., March 16, 2021 /PRNewswire/ -- Highlights from Continuing Operations - Q4 2020 Compared to Q4 2019 Revenue increased 14.4% to $234.0 million, driven by continued strong consumer demand in the US and Canadian consumer markets as well .....»»

Category: earningsSource: benzingaMar 16th, 2021

Smartphone shipments to grow 5.5% in 2021, says IDC

Smartphone shipments are forecast to grow 13.9% on year in the first quarter of 2021 and 5.5% for the full year 2021, driven by continued recovery in demand and a supply-side push of 5G devices, according to IDC......»»

Category: topSource: digitimesMar 12th, 2021

ABF substrate prices likely to rise

ABF substrate prices are likely to rise later in the first half of 2021, driven by rebounding demand for crypto mining chips and a sharp rise in demand for server applications starting in the second quarter, according to industry sources......»»

Category: topSource: digitimesFeb 23rd, 2021

Goldman Sachs boosts US GDP forecast to 6.8% in 2021 and now expects $1.5 trillion in COVID-19 stimulus

The bank is expecting President Joe Biden's COVID-19 relief package to reach $1.5 trillion, u.....»»

Category: worldSource: nytFeb 9th, 2021

South Africa halted the rollout of AstraZeneca"s COVID-19 vaccine after new analysis finds it "provides minimal protection" from new variant

AstraZeneca said it and Oxford started to adapt their vaccine to the new variant and are hoping to have it ready by the fourth quarter of 2021. A vial and .....»»

Category: worldSource: nytFeb 7th, 2021

Goldman cuts Brent forecasts to $30 on price war, virus impact

Goldman Sachs cut its second- and third-quarter Brent price forecasts to $30 per barrel, citing the oil price war between Russia and Saudi Arabia and a significant collapse in oil demand due to the coronavirus that has killed more than 3,500 globally......»»

Category: topSource: reutersMar 9th, 2020

Goldman faces $260M hit from equity bets as Uber plunges

Goldman Sachs Group Inc.’s bets on four companies delighted investors a quarter ago. This time around, they’re inflicting about $260 million of pain. Those losses are driven by investments made for... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 7th, 2019

Tesla disappointing Q1 results will fuel demand concerns, says Goldman Sachs

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 4th, 2019

3 Underrated Stocks That Just Hit Goldman’s Hedge Fund VIP List

Each quarter, Goldman Sachs releases a list of the 50 stocks that appeared most often among the top-10 holdings of 800+ fundamentally-driven h.....»»

Category: topSource: insidermonkeyMay 21st, 2018