Author: CapitalGainsFund

Jul 11

NewsWatch: S&P 500 earnings set to plunge as the coronavirus batters all sectors — with Wall Street counting on a bounce that may not come

MARKETWATCH FRONT PAGE The one certainty about the outlook for companies in a COVID-19 world is that second-quarter earnings will be very bad, the worst in over 10 years. See full story. The Biden-Sanders climate-change policy pact: 8 key features Presidential candidate Joe Biden has advanced environmental policy recommendations that most analysts find more ambitious […]
Jul 10

The Ratings Game: Bed Bath & Beyond stock sinks more than 24% after earnings miss but analysts see opportunity

Bed Bath & Beyond Inc. stock took a 24.5% nosedive in Thursday trading after COVID-19-related closures drove wider-than-expected losses and steep sales declines, but analysts are upbeat about the path forward for the troubled home retailer. Bed Bath & Beyond BBBY, +4.26% reported a fiscal first quarter adjusted loss of $1.96 per share and a […]