The market appears to be undervaluing the prospect of an earnings recovery at PPG and Raytheon Technologies.
Following the November election, Joe Biden was sworn in as the 46th president of the United States. Although Biden enters office with the U.S. economy still reeling from the coronavirus disease 2019 (COVID-19) pandemic, he has a number of tailwinds at his back. The Federal Reserve has pledged to keep lending rates at or near historical lows, and Democrat control of both houses of Congress makes it more likely that additional fiscal stimulus is passed.
Clover Health (NASDAQ: CLOV) considered its alternatives before going public. Ultimately, though, the innovative health insurer decided to be bought by a special purpose acquisitions company (SPAC). In this Motley Fool Live video recorded on Nov. 16, 2020, Tom Gardner, co-founder and CEO of The Motley Fool, and Bill Mann, director of Small Cap Research, spoke with Clover Health co-founder and CEO Vivek Garipalli about why Clover Health chose to go public via a SPAC.
Changes to Apple's mobile advertising tools could negatively impact Facebook and other mobile advertisers.
Multiple therapies are on the market today for treating multiple sclerosis (MS). In this Motley Fool Live video recorded on Jan. 13, 2021, healthcare and cannabis bureau chief Corinne Cardina and Fool.com writer Keith Speights discuss BioNTech's experimental MS vaccine and why it could be a game changer in the treatment of the neurological disorder. This was using the mRNA tech indicated toward multiple sclerosis.
Eight Chinese bomber planes and four fighter jets entered the southwestern corner of Taiwan's air defence identification zone on Saturday, and Taiwan's air force deployed missiles to "monitor" the incursion, the island's Defence Ministry said. China, which claims Taiwan as its own territory, has conducted almost daily flights over the waters between the southern part of Taiwan and the Taiwan-controlled Pratas Islands in the South China Sea in recent months.
Many seniors get the bulk of their income from Social Security, and you may be planning to do the same once it's your turn to retire. The average senior on Social Security today collects $1,543 a month, or $18,516 per year, in benefits. If you retire on just Social Security, you could easily end up spending half of your income on healthcare, leaving you with very little money to cover your remaining bills.
My friend had the best of intentions, but I knew she was doomed from the start for one key reason -- her goals were too extreme. In fact, if you're eager to stick to this year's goals, the simple act of taking it slow could be your ticket to success.
Alex Lieberman and co-founder Austin Rief have built Morning Brew from a dorm-room project to a $75 million media company in less than six years, becoming one of the go-to sources for millennials seeking business news. The company has already grown considerably from its initial daily newsletter, and last year, it sold a majority stake to media-company Insider that should provide substantial funds to continue that expansion. On Jan. 16, Lieberman joined Motley Fool marketing manager Margaret Powell on Motley Fool Live to discuss a broad range of topics, including the strategies he and Rief used to grow the business in the early days and the lessons he learned guiding his young company through the pandemic.
Even in a post-pandemic world, the movie theater operator faces a slew of structural challenges that will be difficult to overcome.
Adelaide United and Melbourne Victory sweated through sweltering conditions with the Reds edging to a 1-0 win on Saturday.
Last year, numerous stock market records were broken. Online investing app Robinhood, which is known for its commission-free trades and gifting of free shares of stock to new users, gained approximately 3 million new users in 2020. Since the average age of Robinhood's user base is only 31, many of these new users are likely millennial or novice investors.
Follow all the action from St Mary’s as the holders aim to defend their trophy
Reigning Olympic champion Sofia Goggia continued her remarkable podium-topping season with a back-to-back victory in the second World Cup downhill in Crans-Montana on Saturday.
Iran, the Middle East's worst-hit country from coronavirus, will begin vaccinations in the coming weeks, the country's president says.
James Anderson completed career-best figures in Asian conditions as he continued to set the standard for England, but Sri Lanka posted a strong first-innings score of 381 in Galle. Anderson, England's record wicket-taker, is still raising the bar at the age of 38 and finished with an outstanding return of six for 40 at a venue that is far from a swing bowler's ideal hunting ground. But Anderson has long since become a master of tailoring his skills to the task at hand and dismissed both of Sri Lanka's key men, overnight centurion Angelo Mathews and Niroshan Dickwella eight short of a maiden hundred, as well as tail-ender Suranga Lakmal. Their efforts, combined with a priceless 67 from number eight Dilruwan Perera, meant the tourists were still up against it after 140 overs in the field on a pitch that has surely seen its best batting days. With three for Mark Wood and one for Sam Curran, all 10 wickets fell to seam, leaving spinners Jack Leach and Dom Bess nursing a combined return of nought for 195 in 64 overs. Sri Lanka resumed on 229 for four but saw their platform eroded almost immediately as Anderson and Mathews, the two key figures from Friday's play, faced off again. With the second new ball still hard Anderson had to the tools to conjure some seam movement off the pitch and leapt up for caught behind as his sixth delivery of the morning flicked something on the way through. There was no doubt pad was involved but, when the umpire rejected the appeal, an uncertain Joe Root was persuaded to take a second look with DRS. A tiny spike showed up on UltraEdge leaving Mathews (110) looking aggrieved but England overjoyed. Debutant Ramesh Mendis was unable to wipe away their smiles, gone for a seven-ball duck as he flicked Wood off his pads and Jos Buttler flung himself to intercept the ball as it headed towards fine leg. At that point a sub-300 total still looked possible, but Dickwella would not allow it. He drove well against the pacemen and looked far too assured to let either Bess or Leach cut him short, sweeping and cutting nicely. With Dilruwan offering bright support sticking firm at number eight, Dickwella stamped down English momentum to take the score to 313 for six at lunch. The wicketkeeper passed fifty for the 16th time before the break and moved past his career best of 83 afterwards, and seemed dead set on a maiden hundred. But England hatched a fresh plan and, to no great surprise, it hinged on Anderson's application. Angling the ball across the left-hander with a ring of catchers on the off-side, he drew Dickwella into rash drive that was well tracked by Leach at mid-off. He had fallen eight short and Anderson had his five-for. Suranga Lakmal offered himself up as a willing sixth, flashing his second ball to Zak Crawley at gully. Once again, though, Sri Lanka collected themselves and went again. Dilruwan managed things exceptionally, putting on 49 for the last two wickets before he was last man out, hooking Curran to fine leg.
Spain's fifth seed and former world number one Carolina Marin breezed into the final of badminton's Thailand Open Saturday, beating South Korea's An Se-young 21-19, 21-15.
Ugandan peacekeepers say they killed 189 al-Shabaab fighters in attack on one of their camps in Somalia.
(Bloomberg) -- There are better ways than yield curve control to achieve favorable financing conditions in the euro area, given the differences between its 19 member states, according to European Central Bank Governing Council member Olli Rehn.Yield curve control, proposed as one option by, among others, Spanish central bank Governor Pablo Hernandez de Cos, “would be a rather mechanical approach” to the question of financing conditions, and “not sensible” given the euro area has at least 19 different yield curves, Rehn said in an interview on Finland’s YLE TV1.The ECB is buying bonds to limit the differences between yields for the strongest and weakest economies in the euro zone, officials familiar with the matter told Bloomberg earlier this month. The central bank has specific ideas on what spreads are appropriate, according to one person, emulating the so-called yield curve control deployed by the Bank of Japan and Reserve Bank of Australia.The ECB has decided to assess how to define “favorable” financing conditions and what is the best way to determine how those conditions develop, Rehn said.The decision comes after the central bank ramped up its monetary policy support to the economy in December and partly justified the decision with the need to preserve “favorable” financing conditions for businesses and households. As the meaning of that term hasn’t been made clear yet, investors have little insight into what conditions would prompt further action from the Frankfurt-based central bank.“We need certain indicators” to examine “how to retain favorable financing conditions, allowing lending to households and companies to function well,” Rehn said. But there should be “no automation” as “it’s better to leave enough room for common sense and consideration,” he said. “In that sense monetary policy is as much an art as it is a science.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Perth Scorchers are on track to go top of the BBL ladder after imports Jason Roy and Colin Munro helped set Melbourne Stars 183 for victory at the MCG.
British ministers are to discuss on Monday further tightening travel restrictions, the BBC reported on Saturday, adding that people arriving in the country could be required to quarantine in hotels. Prime Minister Boris Johnson told a news conference on Friday that the UK may need to implement further measures to protect its borders from new variants of COVID-19. Britain's current restrictions ban most international travel while new rules introduced earlier in January require a negative coronavirus test before departure for most people arriving, as well as a period of quarantine.