• Singapore dollar looks vulnerable even as economy opens up
    Bloomberg

    Singapore dollar looks vulnerable even as economy opens up

    Singapore’s currency looks set to remain under pressure as global headwinds outweigh the benefits of more businesses reopening on June 2.

  • Verizon (VZ) Down 6.1% Since Last Earnings Report: Can It Rebound?
    Zacks

    Verizon (VZ) Down 6.1% Since Last Earnings Report: Can It Rebound?

    Verizon (VZ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • 2 Dividend Stocks You Can Safely Hold for Decades
    Motley Fool

    2 Dividend Stocks You Can Safely Hold for Decades

    While it's not the end-all indicator of a company's staying power, a company that has consistently raised its dividend for decades is likely one that possesses a durable competitive advantage that allows it to grow its revenue and profits over time. Here are two stocks that have delivered a good balance of capital appreciation and rising dividend payments for more than 25 years. Walmart (NYSE: WMT) currently pays a dividend yield of 1.72%.

  • GlobeNewswire

    SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS BBBY, IQ, MESA INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

    NEW ORLEANS,, May 25, 2020 -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending.

  • Reuters

    Toyota, Nissan and Honda gear up for Mexico reboot after COVID-19 lockdowns

    Japanese automakers Toyota, Nissan and Honda said they are gradually restarting in Mexico as the nation's automotive industry reboots in line with a broader economic reopening, despite still-high numbers of new coronavirus cases. Mexican officials in mid-May said the automotive industry could exit the coronavirus lockdown before June 1 if approved safety measures were in place. Toyota Motor Corp and Nissan Motor Co Ltd told Reuters on Monday that they were preparing to gradually resume operations, and Honda Motor Co Ltd last Friday said it had begun a gradual return to operations.

  • The Street Deconstructs Home Depot, Lowe's Earnings
    Benzinga

    The Street Deconstructs Home Depot, Lowe's Earnings

    Do-it-yourself home improvement retail rivals Home Depot Inc (NYSE: HD) and Lowe's Companies, Inc. (NYSE: LOW) reported first-quarter results last week. Here's how some of the Street's top analysts reacted to the reports.The Home Depot Analysts Piper Sandler analyst Peter Keith maintained a Neutral rating on Home Depot, price target lifted from $231 to $244.BofA Securities analyst Elizabeth Suzuki maintained at Neutral, price target lifted from $238 to $250.Raymond James analyst Matthew McClintock maintained at Outperform, price target lifted from $245 to $250.Piper Sandler's Key Takeaways On Home Depot Home Depot reported a "strong" first-quarter report, highlighted by a comp growth beat of 6.4%, while comps accelerated to double-digits in May, Keith said in a note.The company saw some incremental expenses due to the COVID-19 pandemic, but it also showed strong underlying expense leverage, the analyst said. Looking forward, Home Depot doesn't expect to report negative comps in any quarter in 2020 as it benefits from consumers spending less money on restaurants, travel and entertainment, he said. Piper Sandler's revised $244 price target is based on expectations for the company to establish itself as a beneficiary of increasing spending on home categories, even if the U.S. remains in a recession for the rest of the year, Keith said.A Neutral stance remains in place for valuation reasons, according to Piper Sandler. BofA Says Home Depot's Strong Comps Won't Last Home Depot's comp growth of 6.4% in the first quarter exceeded expectations of 5% as average ticket rose 11%, Suzuki said in a note. The company likely benefited from consumers "being stuck at home" and spending money on home improvement projects, the analyst said. Some of the purchases were likely pulled forward as more consumers return to work in the second and third quarters and any stimulus benefits will "wear off," she said.The expectations for momentum seen in the first quarter are not likely to last moving forward, according to BofA. Raymond James: Doing More In A 'Tough Environment'Home Depot deserves credit for shifting a business of its size to serve customer needs, such as contactless curbside pickup, McClintock said in a note. The company is also heavily focusing on digital, and this will serve as a competitive advantage moving forward, the analyst said. The retailer did a good job at managing its expenses while simultaneously investing "aggressively" in its One Home Depot strategic initiatives and its workers, he said. "Bigger picture, we believe HD is well positioned to outperform in what will likely be a tough environment over the next several quarters, and has a large share gain opportunity longer-term as independents fall by the wayside." View more earnings on HDRelated Link: Walmart Earnings Look Strong Across the Board, But Home Depot Down After Missing on EPSThe Lowe's Analysts BofA Securities analyst Elizabeth Suzuki maintained at Buy, price target lifted from $137 to $143.KeyBanc Capital Markets analyst Bradley Thomas maintained at Overweight, price target lifted from $125 to $130.BofA: 5 Reasons To Own The Stock Exiting Lowe's first-quarter report, there are five reasons to own the stock, Suzuki said in a note.These include:1\. There was "a lot to like" in the report, including an EPS beat, comp growth of 11.2% versus the Street's estimate of 4.1% and operating margin expansion of 206 basis points.2\. Lowe's has superior exposure to the do-it-yourself customer, who represents 75% to 80% of total sales versus Home Depot's 40% to 45%. By comparison, the Pro market was negatively impacted by social distancing requirements.3\. The online business saw an 80% year-over-year sales growth and it has plenty of room to continue expanding off its current low base.4\. Incremental COVID-related costs won't disrupt the long-term margin story after Lowe's already eliminated underperforming assets and made other strategic moves.5\. Demand for renovation products should remain a trend for the coming years.Lowe's Has Sustainable Momentum, KeyBanc Says Lowe's first-quarter momentum sustained into May, with a double-digit comp across all regions, Thomas said in a note.The retailer did choose to withdraw its outlook, although it kept a confident tone in its ability to improve gross margins and continue SG&A leverage, the analyst said. The company is considered to be "one of the strongest retailers" within KeyBanc's coverage given a compelling "self-help story" under CEO Marvin Ellison, he said. "We believe shares are compelling given the fundamental growth opportunity for the Company, and expect shares to see multiple expansion if execution continues to improve." Related Link: PreMarket Prep Stock Of The Day: Lowe's CompaniesLatest Ratings for HD DateFirmActionFromTo May 2020Morgan StanleyMaintainsOverweight May 2020StifelMaintainsBuy May 2020WedbushMaintainsNeutral View More Analyst Ratings for HD View the Latest Analyst RatingsSee more from Benzinga * Back To The Roots Announces Home Depot Partnership Amid Surge In Interest(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Reuters

    RPT-In China's auto market, worries grow that cashback deals and gifts presage damaging price war

    HANGZHOU, China/SHANGHAI, May 25 (Reuters) - Cashback offers, up to 10 free oil changes, generous prepaid gasoline cards - these are just some of the giveaways China's auto dealerships are using to woo customers out and about after spending much of February and March in lockdown. Cui Peng, a Geely sales manager in the eastern city of Hangzhou, says unit sales at his dealership jumped 30% in April from March and they are hoping for 25% growth in May.

  • Reuters

    Mexican auto industry groups urge Puebla state to allow operations to restart

    Mexican auto industry groups on Sunday urged the governor of the state of Puebla to allow a gradual restart of operations after economic activity was curbed to contain the spread of the novel coronavirus. Puebla, where Volkswagen and its luxury brand unit Audi have major plants, said on Friday conditions "do not exist" yet for the auto industry to restart activity, while carmakers with plants in other states have signalled they are being allowed to reopen. Mexico has 68,620 confirmed coronavirus infections, 2,082 of which were registered in Puebla.

  • Consumer confidence, new home sales: What to know in the week ahead
    Yahoo Finance

    Consumer confidence, new home sales: What to know in the week ahead

    This week is a shortened trading week with major markets closed Monday in observance of the Memorial Day holiday. Investor focus will remain on the coronavirus and its impact on the U.S. economy as most states across the country continued their phased reopening plans.

  • Reuters

    In China's auto market, worries grow that cashback deals and gifts presage damaging price war

    HANGZHOU, China/SHANGHAI, May 25 (Reuters) - Cashback offers, up to 10 free oil changes, generous prepaid gasoline cards - these are just some of the giveaways China's auto dealerships are using to woo customers out and about after spending much of February and March in lockdown. Cui Peng, a Geely sales manager in the eastern city of Hangzhou, says unit sales at his dealership jumped 30% in April from March and they are hoping for 25% growth in May.

  • If You're Retired, Consider Buying These 3 Stocks
    Motley Fool

    If You're Retired, Consider Buying These 3 Stocks

    Solid balance sheets, operations in critical industries, and rising dividends. What's not to love?

  • Barrons.com

    Costco, Salesforce, Dollar General, and Other Stocks for Investors to Watch This Week

    Markets are closed for Memorial Day. Then, first-quarter earnings season continues with results from Costco, Dollar General, Salesforce, Nordstrom, and Ulta Beauty.

  • Barrons.com

    Americans Are Buying Bikes, Kayaks, and Hammocks as Lockdowns Ease. These Stocks Will Benefit.

    Americans began the lockdown by hoarding toilet paper, sweat pants, and puzzles. Now, with Memorial Day around the corner, it’s bicycles, boats, and inflatable pools.

  • What Investors Should Look For in Costco's Q3 Report This Week
    Motley Fool

    What Investors Should Look For in Costco's Q3 Report This Week

    The warehouse retailer is navigating some stormy seas right now, but the long-term outlook should be stable.

  • Barrons.com

    Mom and Pop Retailers Are Struggling During the Lockdowns. Big Box Giants Are Thriving.

    Big-box chains will gobble up even more business from struggling smaller chains. That bodes well for their shares.

  • GM Delays Some Production Shifts At 3 U.S. Truck Plants – Report
    SmarterAnalyst

    GM Delays Some Production Shifts At 3 U.S. Truck Plants – Report

    General Motors Co. (GM) is delaying the resumption of second shifts at truck assembly factories in Michigan, Indiana and Mexico due to a shortage of parts from Mexico, Reuters reported.The news comes after the Detroit automaker on Monday resumed production after shutting down operations in March because of the coronavirus pandemic.Next week, General Motors is planning a second shift only at its Lansing Delta Township plant, according to the Reuters report. It will not immediately begin, the planned second shifts on Monday at its Ft Wayne, Indiana, Flint and Silao, Mexico plants that build full-size trucks, but could resume a second shift only as early as later next week.GM spokesman Dan Flores told Reuters: “demand for our full size picks has been very strong so we are certainly exploring ways to add production and will do that when it makes sense.”All of this is happening as Mexican auto parts production is only this week beginning to slowly resume. GM’s decision to delay resuming some production shifts shows the challenges of resuming production with thousands of suppliers.Last week, GM suppliers were told the company planned to resume three-shift production at it Fort Wayne plant and other plants as soon as June 1.Shares in GM rose 0.7% $25.98 in U.S. trading on Friday, trimming its year-to-date decline to 28%.Argus Research analyst Bill Selesky maintained his Hold rating on the stock, saying that depressed economic growth and waning consumer confidence should "further accentuate" weaker car sales trends, as consumers will probably defer large discretionary acquisitions.Overall though, TipRanks data shows that the rest of Wall Street analysts are cautiously optimistic about GM’s stock. The Moderate Buy consensus is based on 8 Buys, 3 Holds and 1 Sell. The $30.60 average price target implies 18% upside potential in the shares in the coming year. (See GM stock analysis on TipRanks).Related News: Tesla Asks China To Build Model 3 Cars With LFP Batteries – Report Fiat Chrysler Shares Decline on Dividend Payout Withdrawal Tesla Drops Alameda County Lawsuit Over California Plant Reopening More recent articles from Smarter Analyst: * Lufthansa Clinches $9.8 Billion Bailout Deal With German Government * Regeneron To Repurchase $5 Billion Stake From Sanofi   * Gates Foundation Buys Up Amazon, Apple, Twitter Stock; Trims Berkshire Hathaway Stake * Earnings: RBC Forecasts Choppy Results For Dell This Thursday

  • 3 Things to Watch in the Stock Market This Week
    Motley Fool

    3 Things to Watch in the Stock Market This Week

    Both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) rose over 3%. Costco's stock has outperformed during the recent market slump thanks to its persistently strong operating trends. The chain's earnings report on Thursday will include other important metrics like membership fee income, customer traffic, and subscriber renewal rates in both the U.S and international segments.

  • Investing.com

    Watch Now: Here's What Will Move Markets This Week - May 24 (Video)

    Investing.com - Our senior markets analyst Jesse Cohen gives us his top five things to know in financial markets in the week ahead, including:

  • Where Will Ford Motor Be in 5 Years?
    Motley Fool

    Where Will Ford Motor Be in 5 Years?

    The work-from-home movement and growth of ridesharing have implications for the Blue Oval's future.

  • Financial Times

    Hans Vestberg: The 5G evangelist with a vision for the future

    The 54-year-old Swede, who developed the strategy to be one of the first telecom companies in the world to set up 5G, laughs out loud when asked if the barrage of insults from Mr Legere distracted him early in his tenure as boss of a company worth almost $250bn. The brash Mr Legere may have been a different type of adversary for Mr Vestberg, who had previously faced off against the likes of Ren Zhengfei, the founder of Huawei, in his previous job running telecoms equipment company Ericsson.

  • 3 Stocks I Bought This Week, and 1 Stock I Sold
    Motley Fool

    3 Stocks I Bought This Week, and 1 Stock I Sold

    I finally got out of a notorious Chinese stock, but I was a net buyer for the week after buying into three other stocks.

  • Motley Fool

    Why Retailers Are Spending More

    In this episode of MarketFoolery, Chris Hill and Motley Fool analyst Ron Gross discuss all things retail. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. Ron Gross: Good to see you, Mr. Chris Hill.

  • ‘I woke up in a free country’: Costco shopper gets bounced from store after refusing to wear a mask
    MarketWatch

    ‘I woke up in a free country’: Costco shopper gets bounced from store after refusing to wear a mask

    In a viral video making the rounds Tuesday, one Costco shopper who refused to wear a mask thought it was a good idea to film the reaction of the store manager. He probably wasn’t expecting the reaction it got.