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Tag: stocks

The ‘consumerization of healthcare’ is a $600 billion opportunity for these stocks, UBS says

Shoppers wait in line at the pharmacy of a Walmart store in Charlotte, North Carolina, Sept. 13, 2018. Callaghan O’Hare | Bloomberg | Getty Images (This story is for CNBC Pro subscribers only).  The “consumerization of healthcare” will continue to grow after the pandemic, and it could benefit both high-tech companies and stodgy retailers, according …

The ‘consumerization of healthcare’ is a $600 billion opportunity for these stocks, UBS saysRead More

Suppliers ration stocks of tinned tomatoes after surge in demand | Business

Tinned tomato suppliers are rationing stocks to supermarkets after demand in the UK surged more than 30% and threatened to use up supplies ahead of this year’s harvest. Supermarkets and convenience store groups are understood to be jockeying for supplies as families continue to buy more tinned foods than usual after the closure of schools …

Suppliers ration stocks of tinned tomatoes after surge in demand | BusinessRead More

Anticipated lockdown extension, adequate stocks in place, say retailers

Retailers on Tuesday assured there is enough inventory to meet the demand during the extended lockdown period, stating they had stocked up in anticipation of such a move from the government to curb the spread of coronavirus pandemic. According to a PTI report: Future Retail, V-Mart along with wholesale players — Lots Wholesale Solutions and …

Anticipated lockdown extension, adequate stocks in place, say retailersRead More

Retail stocks’ worst month ever, and chart analyst warns of more pain

Retail stocks are getting pummeled as the coronavirus outbreak worsens and swaths of the country enter a lockdown. The XRT retail ETF has fallen 33% in March, its worst month ever. Some of its components have performed even worse — Kohl’s, Macy’s, and Guess have all dropped by more than 60%. Ari Wald, head of …

Retail stocks’ worst month ever, and chart analyst warns of more painRead More

Coronavirus stocks: Amazon tops JPMorgan list

Stay-at-home stocks are the talk of the Street. JPMorgan analysts raised their share price and revenue estimates for Amazon and Netflix on Wednesday, naming Amazon and Facebook their top stock picks in this historically volatile market. Ebay, Chewy, Peloton, Chegg and Spotify were among the other names highlighted in the note, which called e-commerce and subscription-based …

Coronavirus stocks: Amazon tops JPMorgan listRead More

Australian stocks remain in freefall as coronavirus panic drives market down 10% for week | World news

Coronavirus panic has stripped almost 10% from the value of Australian stocks over the past week amid fears the outbreak could dent a global economy already struggling with persistently low growth. Any potential hit to the Australian economy will further deepen damage done by bushfires and floods that have ravaged the east coast in recent …

Australian stocks remain in freefall as coronavirus panic drives market down 10% for week | World newsRead More

Stocks making the biggest moves after hours: Gap, CSX and more

Pedestrians walk past a Gap Inc. store in New York. Craig Warga | Bloomberg | Getty Images Check out the companies making headlines after hours on Tuesday: Gap Inc. — Stock of the clothing retailer was up more than 4% in extended trading after the company announced it no longer planned to spin-off Old Navy …

Stocks making the biggest moves after hours: Gap, CSX and moreRead More

Retail stocks that could have a strong 2020

Some of the most beaten-down names in retail might end up being your best bets in 2020. That’s not to say there still isn’t reason to be wary about some of these companies. You’re taking a risk when you invest in a struggling business, especially in the challenged retail industry, which has faced management shakeups, …

Retail stocks that could have a strong 2020Read More

French luxury stocks drop as Trump threatens heavy new tariffs

Matthew Lloyd | Getty Images Shares of French luxury goods makers, including LVMH and Hermes, dropped in European trading on Tuesday after President Donald Trump’s administration said it may place heavy tariffs on several goods. LVMH – which includes the brands Louis Vuitton and Hennessy – and Hermes each fell more than 2% following the announcement. …

French luxury stocks drop as Trump threatens heavy new tariffsRead More