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Pfizer to Collaborate with Boston Scientists
Publish Date : 6/9/2021 5:32:00 AM
The world’s largest drugmaker by revenue, Pfizer Inc. (NYSE: PFE) said late Wednesday that is starting a major research collaboration with Boston area scientists, putting them in charge of their own projects to speed up and improve discovery of new medicines.
Fitch Ratings May Downgrade US Debt Rating
Publish Date : 6/9/2021 4:24:00 AM
Fitch Ratings Agency said late Wednesday that it will review the US debt rating and might downgrade the rating if US lawmakers fail to increase the nation’s borrowing limit before the government runs out of money in August.
Deutsche Bank Reiterate Hold Rating on Kinder Morgan
Publish Date : 6/8/2021 2:10:00 PM
Kinder Morgan, Inc. (NYSE: KMI) maintained Hold rating at Deutsche Bank, as the analysts believe that the company’s scale and high splits payout have worked negatively for it. They set a price target of $30 per share for the stock based on a discounted cash flow model.
Ford Retains Buy Rating at Deutsche Bank
Publish Date : 6/8/2021 2:00:00 PM
Analysts at Deutsche Bank maintained Buy rating on the shares of Ford Motor Co. (NYSE: F) based on its valuation. They reduced the stock’s price target to $19 from $20.
Sector Scan: Integrated Oil & Gas and Exploration & Production Sectors Rise, General Mining Loses
Publish Date : 6/8/2021 1:00:00 PM
Integrated oil and gas sector gained 1.04 percent to become the market’s best performing sector, closely followed by exploration and production industry with 0.94 percent gain. General mining sector added 4.39 percent to become the day’s worst performing sector.
Fed Chief and Banking Chief Square Off
Publish Date : 6/8/2021 12:20:00 PM
A sideshow has emerged as the biggest story from Fed Chairman Ben Bernanke's speech yesterday at the International Monetary Conference.
Fed Chief Delivers Sober Economic Assessment
Publish Date : 6/8/2021 12:00:00 PM
Federal Reserve Chairman Ben Bernanke didn't put any gloss or spin on his story of a still-struggling U.S. economy during a June 7 speech at the International Monetary Conference in Atlanta.
Dividend Scan: NYX, USHS, FDX, MRX, GNTX, PM, MFSF
Publish Date : 6/8/2021 11:40:00 AM
Despite the US market remaining volatile during the day, several companies declared their future dividend plans. Some notable dividend payers are discussed here.
Hot Stocks of the Day: MCD, BP, MRK, HSY, COV, MS, WPRT
Publish Date : 6/8/2021 11:00:00 AM
The US market started Wednesday’s trading on a soft note following Federal Reserve Chairman Ben Bernanke’s assessment of the global economic recovery. The Dow Jones industrial average added 0.11 percent or 13.09 points to trade at 12,083.90, and the Standard & Poor’s 500 index added 0.12 percent or 1.45 points to trade at 1,286.39. However, the Nasdaq Stock Market Inc. composite index fell 0.30 percent or 8.11 points to trade at 2,693.55.
52-Week High & Low Stocks: TIN, MIND, TLB, SNE, CPY
Publish Date : 6/7/2021 2:00:00 PM
As the US market remained poised to close Tuesday’s trading on a positive note, several stocks recorded a new 52-week high/low. Some notable stocks are discussed here.

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