JACKSONVILLE, Fla, Nov 10, 2020 (GLOBE NEWSWIRE) – Landstar System, Inc (NASDAQ: LSTR), a global light-asset provider of integrated transportation management solutions that provides secure and specialized transportation services, today announced its participation in Stephens Annual Investment Conference 2020 Landstar President and CEO Jim Gattoni will provide an overview of the company and provide an update regarding the current level of business activity The Landstar presentation starts at 10:00 a.m. EST on Wednesday November 18 It will be broadcast live online at www Investorland Starcom ; Click ‘Webcast’ Stephens’ presentation will be available on the Landstar website through November 25 For more information about presentations or webcast, please call Landstar Investor Relations at 904-390-1334 or email [email protected]
Landstar System, Inc is a global light-asset provider of integrated transportation management solutions that provides safe and specialized transportation services to a wide range of clients using a network of agents, external capacity providers and employees Landstar transportation service companies are certified according to ISO 9001: 2015 Quality Management System standards The RC14001: 2015 Environmental Health, Safety and Security Management System Standards Landstar System, Inc. is headquartered in Jacksonville, Florida whose common stock is traded on the NASDAQ Stock Market® under the symbol LSTR
Here we go a week after the national election and we still don’t know the final results in a few states but the market has made some assumptions – it always does.
If you pull back this week, you might have missed the long-awaited rally in cheap stocks but there’s still an opportunity left in the S&P 500 and beyond
Former Vice President Biden has made a detailed proposal that includes tax increases for people whose taxable income exceeds $ 400,000 – mainly targeting the top 1% President Trump wants to keep the tax cuts that went into effect in 2018, which the owners have benefited from Significantly high income
Today we discovered that not only did they cover their salaries, but that many of their choices were doubly blessed. Here’s why
Growing pressure from investors around the world is forcing the multi-trillion dollar transportation industry to adapt or be left behind.
Beyond Meat’s partnership with McDonald’s to develop a McPlant burger was not enough to prevent stocks from collapsing after the company reported third-quarter earnings that were well below analysts’ expectations “Our financial results reflect a quarter where for the first time since the start of the pandemic, we have seen the full burden and inability to Predicting COVID-19 on our net revenue, and therefore, throughout P&L, ”Beyond Meat’s Chairman and CEO, Ethan Brown, said in a statement
Jim Cramer shared his thoughts on what a potential COVID-19 vaccine means from Pfizer Inc (NYSE: PFE) and BioNTech SE (NASDAQ: BNTX) for higher-traded tech stocks such as Stay HomeStay home stocks: Kramer said S&P 500 and Dow rose by the right amount, but Nasdaq futures rose a lot and he said many companies on the Nasdaq are not benefiting from the vaccine Kramer said the upcoming vaccine is not good news for cloud stocks and not good for the big spike in stocks Some companies rose this year as a stay-at-home game: « How many Nasdaq stocks can rise on this basis? » Kramer said some stocks are rising with the election of Joe Biden and the potential positives from improved relations with China and that is goodRelated link: Biden and Trump’s Response to Pfizer Vaccine Update, Stock Market Rise: Great News! Buying Airlines: Kramer said stocks that are rising like airlines and parks are taking the right steps Kramer said he would be “more comfortable buying airline shares of 10% compared to cloud stock, down 5%.” Andrew Ross Sorkin Kramer asked whether the shares were Moving upwards worth buying because the timeline for approval of the COVID-19 vaccine has not changed Kramer said that if you wait to buy, you will miss the full move. ”Stocks are trading in anticipation,” Kramer said. Price action: SPDR S&P 500 index rose Trust ETF (ARCA: SPY) up 4% to $ 365 75 in pre-market trade Invesco QQQ ETF (NASDAQ: QQQ) rose 1% to $ 296 55 airline stocks rose higher, as Southwest Airlines Co (NYSE) shares rose 1%. Shares in American Airlines Group (NASDAQ: AAL) gained 25%, and shares of JetBlue Airways Corporation (NASDAQ: JBLU) rose 18%, while the value of the Global JETS ETF (NYSE: JETS) rose 20%, reaching To $ 21 35 on Monday Watch more Benzinga * Click here for option deals from Benzinga * Biden and Trump react to Pfizer vaccine update, stock market rallies: « Great news! » * Children push parents to buy electric cars: Study (C) 2020 Benzinga.com does not provide Benzinga investment advice All rights reserved
Growth stocks dominated the first decade of the 21st century, and when 2020 began, many investors felt it was time for value stocks to take the lead. In theory, a bear market would be the ideal time for value stocks to outperform growth. , But from a year now, many valuable names have continued to underperform their growth-minded peers; Inexpensive energy companies, in particular, have continued to decline as oil prices fall combined with lower demand amid the pandemic The only financial stock on this list is $ 5 2 billion OneMain Holdings is a consumer credit and insurance company that is priced fairly conservatively. / p>
(Bloomberg) – Eric Yuan is, in many ways, the poster child for the Coronavirus economy His company Zoom Video Communications Inc. has hosted school lessons, family gatherings and business meetings for more than 300 million participants per day during the pandemic, video conferencing site inventory has risen by more than 500% this year. And, Yuan, a Chinese-born immigrant to the U.S., was once worth $ 28 6 billion – the 40 richest people on Earth This remarkable rise took a hit on Monday after Pfizer said the Covid-19 vaccine it developed with BioNTech SE had prevented more than 90%. % Of infections in one study, the most encouraging scientific progress yet in the battle against the virus, soared airlines, oil giants and hotel operators, but stocks that benefited from closings and work-from-home arrangements – such as Peloton Interactive, Netflix Inc and Al Bahr, the largest company. Internet in Southeast Asia – they all fell on Tuesday, the defeat in Asia continues for glove makers who have seen an increase in demand this year The main question now is whether these extraordinary gains can It continues, or whether people will stop using the services of companies like Zoom after the pandemic ends and return to the workplace « Natural Volatility » « I don’t think the trend around e-commerce or video collaboration or switching to the cloud will change as a result of the vaccine, » said Bloomberg Intelligence analyst. Mandeep Singh Ratings look rich for some of these names, but some are multi-year growth stories. This is just a natural volatility as investors look to spin in sectors that have been depressed by the pandemic such as travel, casinos and hospitality. Zoom shares plunged 17% in New York on Monday, resulting in Wiping $ 5 1 billion in net worth He sold more than $ 275 million in Zoom shares in 2020 and is still worth $ 20 billion, according to the Bloomberg Billionaires Index Peloton founder John Foley has become a billionaire thanks to the staggering rise in shares of the home fitness company He fell $ 300 million after the stock fell 20% saw Reed Hastings, chief executive of the movie and TV streaming service Netflix, drop his fortune by $ 416 million Forrest Lee, the billionaire behind Singapore-based Sea, lost nearly $ 1 billion as US depository receipts fell for his company 95% in the U.S. On Monday the Glovemakers, which have produced at least five billionaires, sank as their shares rose during the pandemic, on Tuesday Top Glove Corp., the world’s largest rubber glove maker, lost as much as 11% in early trade in Malaysia Riverstone Holdings Ltd fell 13%, while Hartalega Holdings Bhd, Kossan Rubber Industries Bhd and Supermax Corp all fell more than 8%. FedEx Corp., which led to the dumping of the fortunes of its owners, FedEx Corp., and Chairman Fred Smith’s net worth fell by about $ 250 million, with the express shipping company’s shares falling 57%. His fortune this year increased by more than 70% until Friday as telework and booming e-commerce boosted demand. On parcel delivery services Jay Chowdhury, CEO of cybersecurity company Zscaler Inc, and Tim Steiner, co-founder of YUK, the Ocado Group Plc online supermarket also reviews the implications of Pfizer’s vaccine study, « Ortega, Roll. » Young « Some companies and billionaires keep their profits The fortunes of founder Zara Amancio Ortega and his daughter Sandra rose through their stakes in the fast fashion retailer Inditex SA, as the vaccine study boosted consumers’ hopes of returning to brick and mortar stores Their wealth also saw an increase in their wealth on Monday, the hotelier Robert Rowling, as well as industrialist George Schaeffler and the Daishman family who control one of the largest shoe retailers in Europe, some companies are optimistic that even after the pandemic is brought under control, people will continue to use their services. « How can anyone get tired of Zoom? » For more articles like this one, please visit us at the Bloomberg comSubscribe now to stay ahead with the most trusted business news source, said CEO Kelly Stikelberg in a June interview with Bloomberg TV. © 2020 Bloomberg Else
Quinn analyst Geoffrey Osborne released a buy valuation Monday seeing shares reach $ 22, up from Friday’s closing price of $ 10.86 and stocks rose more than 30% at midday
Transportation-focused startup Elon Musk, The Boring Company, is recruiting engineering and operations jobs in Austin, Texas – an indication that the company is looking to start a new venture in the area What happened: The infrastructure-focused company hailed the geology of the city. Texas in a tweet – saying it provides « one of the best soils for tunneling – » as it announced, « Austin jobs are now available. » Austin jobs are now available https: // tco / imlQMDfprJ >> – The Boring Company (boringcompany) November 9, 2020 Half a dozen roles in Austin span from electrical engineer to employee accountant Why it matters: Musk’s Tesla Inc. (NASDAQ: TSLA) is building Gigafactory to manufacture Cybertruck and Semi as well as the Model 3 and Model Y in Austin The plant could employ up to 15,000 people, according to the Austin Business Journal in September, the carmaker was also looking to hire video game engineers and infotainment software developers in Austin There is no clarity about what If Boring is in talks with local officials about a tunneling project or if this future project is linked to Gigafactory Factory SEE ALSO: Elon Musk’s Boring launches new « Beat the Snail » challenge Image Courtesy: Steve Jurvetson via Flickr See more from Benzinga * click here To get deal options from Benzinga * Eli Lilly’s Antibody Treatment for COVID-19 Gets FDA Emergency Permission * Boeing 737 Max Jets May Be Groundless Next Week: (C) 2020 Report Benzin GA.com does not provide investment advice. All rights reserved.
The good news for the pharmaceutical giant could be good news for other vaccine makers who have come a long way in the testing process
Does high risk mean high reward? Not necessarily, as Wall Street professionals say, citing specifically about cash stocks, or stocks that trade at less than $ 5 a share, analysts advise with caution because these names may still be in their infancy, or they may face an uphill battle that is steep.Lure investors with bargain price tags, these stocks may be in the face of force majeure headwinds or have weak fundamentals However, analysts argue that there are companies in their early stages that reflect promising opportunities, with lower stock prices meaning that you get more benefits for your money moreover. Even what appears to be a slight rise in the share price could lead to large percentage gains, the bottom line? Not all risks are created equal To this end, professionals recommend that some due diligence be done before making an investment decision With this in mind, we turned to the investment firm Roth Capital for some inspiration The company’s analysts identified three compelling stocks, noting that each could To rise by more than 100% in the next year Using the TipRanks database, we discover what makes these three plays exciting even with the risks involved CohBar (CWBR) is focused on developing mitochondrial-based therapies (MBTs), and CohBar wants to find new therapies. For aging-related diseases and metabolic dysfunction based on the strength of its technology and $ 096 off the stock price, Roth Capital thinks it is now time to pull the trigger, analyst Elemer Piros writes for the company, and notes that CWBR was able to convert more than 100 mitochondrial peptides into 1,000 mitochondrial-based treatments. (MBT) Scientists and researchers in the company from all over the world have found that mitochondrial peptides regulate many physiological systems, including risk factors that lead to disease Cardiovascular, neurodegenerative diseases, obesity, diabetes, fatty liver disease, inflammatory conditions, fibrosis and cancerIt should be noted that peptides are either released continuously or intermittently to modify biological functions, but are difficult to deliver as therapies. In addition, they also tend to have shorter half-lives, Berros commented, “CohBar has developed methods for modifying peptides and planning to use modified analogs for development. Clinical “CB4211 is first for CWBR, which is an improved analog of mitochondrial-derived peptide MOTS-c. The company’s first clinical candidate to conclude phase 1b of a trial in patients with fatty liver according to the administration, there are 10 patients who will be randomly assigned to treatment with CB4211 and 10 for placebo, With results expected in the first quarter of 2021, non-alcoholic fatty liver disease (NAFLD) is a condition identified by excessive accumulation of fats in the form of triglycerides (steatosis) in the liver in individuals who consume little or no alcohol. The company will also target non-alcoholic steatohepatitis (NASH), the most severe form of NAFLD. Piros admits that competition in space is fierce, but says, « The winners cannot be identified yet. » B4211 offers a hitherto unexplored, essential mechanism of action that relies on the natural control of balance, which is lost due to environmental or genetic insults. The compound was derived from naturally occurring mitochondrial peptides, with the aim of restoring balance and restoring balance with the aim of reversing disease processes. , Piros sees attractive risk / return in CWBR shares “[We] estimate CohBar based on a analogous world of early to mid-stage companies with platforms that can deliver multiple candidate drugs. The average enterprise value for this group of companies is $ 268 million. CohBar at $ 38M and the analyst concluded that CohBar shares could trade in line with the average To this end, Piros is evaluating CWBR to buy with a $ 8 price target.If his thesis is implemented, there could be a potential twelve-month profit of 741% in the cards. (To see Piros’ record, click here) Overall, CWBR has a small but outspoken rookie camp with positive outlooks for its shares. Among the two analysts surveyed by TipRanks, both rated the stock as Buy with a 557% return potential, target price per share stands at $ 6 25 (see CWBR stock analysis on TipRanks) Eyenovia (EYEN) By leveraging its piezo print delivery technology, Eyenovia is developing a pipeline of micro-dose treatments with a trade Stocks at $ 3 41 each, Roth Capital sees an attractive entry point for investors In October, Eyenovia announced that a subsidiary of the Bausch Health Companies had acquired an exclusive license in the US and Canada to formulate experimental microdoses of an atropine ophthalmic solution (MicroPine), designed to reduce Myopia development in children 3 to 12 years old MicroPine, delivered via EYEN’s Optejet distributor, progresses through Phase 3, likely to launch in 2025 in accordance with the terms of the agreement, Bausch will oversee and expenses related to the ongoing Phase 3 trial CHAPERONE In return, Eyenovia will receive an upfront payment of $ 10 million and up to $ 35 million in approval and milestones ever based, along with royalties. Ranging from average single digits to mid-teens percentages of gross profit on sales in the US and Canada Jonathan Ashoff of Roth Capital told clients that “the deal confirms the health of the technology and the market, and adds that this agreement and MicroPine’s recent Asian deal with Arctic Vision,” alongside With nearly $ 25 million in R&D savings for EYEN provided by these two deals, EYEN’s cash flow should improve by nearly $ 100 million over the next several years and to that end, he argues that the company’s cash position should support its operations in the first half of the year of 22 bonus. Furthermore, assuming there are no COVID-related delays, Aschoff believes that EYEN should be able to initiate Phase 3 trials of VISION of MicroLine, a piezo formulation of pilocarpine designed to replace reading glasses for three to four hours while addressing the tolerability and drip issues associated with drops. The conventional eye by the year 20 This means that the experiments will be able to record within a few weeks, and the results can be published in 2021 if that is not enough. For a company to offer MicroStat (mydriasis filter) NDA by YE20, with U Q likely to launch in late 2021 ‘MicroStat’s marketing should be buoyed by the current pandemic, given that clinicians have been more reluctant than ever to reuse the same dropper for patients Multiple, and with reuse involving about 20-30 patients, the dropper dropper became about 20-30 times more expensive and I see that the doctor is very expensive it shouldn’t come as a surprise then that Aschoff left a buy rating and a $ 11 price target per share given this goal, it could be Stocks to rise 223% next year (To see Aschoff’s follow-up record, click here) Looking at the consensus details, 2 purchases have been released and no bookings or sell-offs in the past three months. Therefore, EYEN gets an average buy consensus rating Based on an 8 $ 50 average price target, stocks could earn 150% in the coming months (see EYEN stock analysis on TipRanks) Boqii Holding (BQ) Last but not least, we have Boqii Holding, which operates the largest online platform for pet products in China, with tr Its primary key to online retailing through overseas Chinese internet platforms owning an e-commerce site (the Bucky Cluster) is currently running for $ 4 45 each, Roth Capital believes its share price represents an opportunity to join the event, analyst Darren Ophati, who represents the company, told clients, BQ represents an opportunity at an early stage for investors to learn about China’s leading ecosystem for everything related to pets, which uniquely blends ‘community’ and ‘commerce’ in a comprehensive, online-based channel. And offline platform « Part of what makes BQ so compelling is that even though it primarily operates as an e-commerce company, it boasts a vertical multi-channel platform for pet products. From a superficial point of view, in addition, the company has merged into offline channels. » With the Internet such as pet stores and hospitals, the analyst argues that not only does this expand consumer access points, but the online community also keeps users interacting with various forms of content and marketing, « enhancing the overall value of the platform to end customers » according to Frost & Sullivan, is expected For the pet population growth in China to be among the fastest over the next several years, and is expected to match U Q ownership (400 million pets) by 2024 from about a third of this rate currently, Aftahi commented on this by saying: “We believe that BQ can To see exponential growth when we focus on the continued reliance of spending on e-commerce, as retail spending on online pets is expected to reach 52% of total sales Pet Retailer by 2024 “It should be noted that more than 60% of sales come from BQ stores located on third-party sites such as Tmall, JDcom and Pinduoduo, which Ophtie believes will“ expand the reach of the BQ brand ”. Further explanation, The analyst said: “Often these sites are the primary point of contact, and users can then be directed to the online BQ community for re-targeting, giving BQ the upper hand in customer ownership. From our point of view, BQ is set to achieve growth from the shift to e-commerce, Diversified across access points, but under the BQ brand regardless “All that BQ has to offer pushed my key to keep the purchase rating the same along with the call, leaving the target price at $ 10, indicating a potential 123% rise (to watch the record Aftahi Achievements, click here) When it comes to another analyst activity, he has been quiet as Ophay is the only analyst to post a review recently (see BQ stock analysis on TipRanks) to find good ideas for trading small stocks with attractive reviews visit Top Stocks To buy from TipRanks, a newly launched tool that unifies all stock insights for TipRanks Disclaimer: The opinions expressed in this article are only those of featured analysts The content is intended to be used for informational purposes only It is very important to do your own analysis before making any investment
The massive increase in shares of Canadian company Aurora Cannabis Inc. amid hopes that the election of Joe Biden as president would promote hemp reform appears to be overrated after the company’s quarterly profits released on Monday were disappointing, Jeffrey’s analyst Owen Bennett wrote in note « As of the time of writing, the Aurora share price has risen 135% since the end of Wednesday, » Bennett said. “Some might look at this performance, which also included gains of more than 20% at some point during the day, and assume the fundamentals are much improved and strong quarterly numbers. This is not the case, with Q1, for us, it doesn’t really stand out as something special or encouraging. The analyst said: “Aurora’s revenue was well above expectations, but we are debating the details that there is still reason to be cautious.” The Aurora Daily Special Discount brand used to be a large portion of its sales, but the company is now aiming to focus more on premium flower brands in resetting its top line “For this reset to be considered successful, we’ll need to see any lost sales from the Daily Special that make up ( In a growing market) via sales elsewhere, « that’s not the case, » said Bennett. In flowers, daily special sales decreased by CAD 5 million (US $ 3 million) while the rest of the flower business was nearly flat, while in extracts, except for the agreement. Biodiversity in the United States, sales of only $ 2 added 2 million, “Not overly impressive given the range of Aurora 20 portfolios,” said Jefferies rates Aurora at $ 6 Canadian $ 90 Target price Aurora shares plunged 9% at the start of the market and are down 57% Year-to-date, while the Cannabis ETF is down 96% and S&P 500 has gained 99%
Ah, the name « Carnival » evokes smiles and some cruise lines are about to resume cruises. Is this a good or bad time to invest in a carnival?
With pension plans fading, investors today may want to look to pensions to bridge the retirement gap, one expert said.
Nikola Corporation (NASDAQ: NKLA) revealed, in a regulatory filing on Monday, that the company is facing legal action from multiple federal agencies, stemming from allegations of short sellers in September. The electric vehicle company, along with current and former employees, has received countless From subpoenas from the U.S. Securities and Exchange Commission, the Department of Justice, the Attorney General’s Office for the Southern District of New York, and the New York County District Attorney’s office What happened: Monday’s disclosure was the first case in which the company recognized federal investigations, the Financial Times reported in September in September 19, the Department of Justice issued subpoenas to the grand jury against Nicola and its founder Trevor Milton, according to the EV maker SEC files a few days before the accident, the SEC issued subpoenas against the company, along with five of its employees, regarding the claims of Hindenburg Research The Securities and Exchange Commission later issued additional summonses, initially for three of the company’s officers and later extended them to Nikola’s directors. Nicola also faces several class-action lawsuits in California, Arizona, and the Eastern District of New York and Delaware for making misleading and / or false statements.Why it matters: In the earnings report for the quarter ending September 30, Nicola made it clear that business operations from the start were funded by the sale of Convertible Preferred Shares and Common Shares Cash Balance and Cash Rewards $ 907 5 million as of September 30, discontinued in money market funds, In support of liquidity requirements, the company recorded zero sales revenue expected to generate revenue from core business after its line of electric trucks hit the market in 2021 Nicola has been in talks with General Motors Corporation (NYSE: GM) since September and the latter promised to clarify Better about placing the deal before December 3 Deadline Terms of the deal revolve around the production of a pick-up truck – Nicolas Badger, and the fuel cell supply agreement Price action: After 4 NKLA shares fell 85% during trading hours, rising 225% in post-market hours to close at $ 19 05 Photo Courtesy: Nicolas Inc.See more Benzinga * Click here for option deals from Benzinga * Google faces « in-depth » antitrust investigations in India: FT * Sinovac COVID-19 vaccine trial in Brazil due to adverse event (C) 2020 Benzinga.com does not provide Benzinga investment advice All rights reserved
What the Nasdaq Stock Exchange witnessed on Monday is not only known as an « external day », but rather an « external reversal », and that could be dangerous
Stock futures were mixed Tuesday morning after an initial wave of optimism about a promising candidate vaccine eased, tech stocks remained under pressure, and contracts on the Nasdaq fell more than 1%.
Landstar System, NASDAQ, NASDAQ: LSTR, Investment
World News – AU – Landstar to participate in the Stephens Annual Investment Conference 2020
