Summary:

Investors might want to bet on Bemis (AMCR), as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.

Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective ...

Read Full News: https://finance.yahoo.com/news/know-bemis-amcr-rating-upgrade-160004870.html

Summary:

It looks like Ricegrowers Limited (ASX:SGLLV) is about to go ex-dividend in the next four days. If you purchase the stock on or after the 7th of July, you won’t be eligible to receive this dividend, when it is paid on the 30th of July.

Ricegrowers’s next dividend payment will be AU$0.33 per share, and in the last 12 months, the company paid a total of AU$0.33 per share. Looking at the last 12 months of distributions, Ricegrowers has a trailing yield of approximately 5.6% on its current stock price of A$5.94. We love seeing companies pay a dividend, but it’s also important to be sure that laying the golden eggs isn’t going to kill our golden goose! That’s why we should always check whether the dividend payments appear sustainable, and if the company is growing.

View our latest analys ...

Read Full News: https://simplywall.st/stocks/au/food-beverage-tobacco/asx-sgllv/ricegrowers-shares/news/ricegrowers-limited-asxsgllv-is-about-to-go-ex-dividend-and-it-pays-a-5-6-yield/

Summary:

This research report Added by Market Study Report, LLC, about the 'Service Delivery Platform Industry market' provides concise details on the market’s regional spectrum, industry size, and profit forecast. Besides that, the report illustrates primary obstacles and new expansion strategies implemented by key players in the industry.

The Service Delivery Platform Industry market report is an exhaustive assessment of this business space and provides crucial insights with regards to development trends of the market during the estimated timeframe. Additional details including regional scope of the industry and various policies are outlined in the report. Moreover, the report encompasses numerous parameters such as the impact of current market trends on investors.

Details concerning ...

Read Full News: http://news.marketsizeforecasters.com/service-delivery-platform-industry-market-set-to-register-healthy-cagr-during-2020-2025

Summary:

No matter how you assess the stock market’s performance in the June quarter, most analysts agree it was assisted by an unprecedented policy response from governments and central banks.

And with the health risks from COVID-19 still escalating globally, the outlook for further stimulus measures has become a hot topic heading into the second half of the year.

On that front, a number of Australian fund managers weighed in yesterday as part of Bloomberg’s ‘Inside Track’ webinar series, in a discussion titled ‘equity investing amid the coronavirus’. Macro outlook

Ned Bell, chief investment officer at Bell Asset Management, said while stimulus had supported valuations at a broader market level, it’s created something of a disconnect between stock prices and earnings fundamentals.

“I think m ...

Read Full News: https://stockhead.com.au/news/expert-view-policymakers-have-more-ammo-can-continue-to-stand-behind-these-markets/

Summary:

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Read Full News: https://www.fitchratings.com/research/corporate-finance/us-corp-ratings-trend-down-amid-pandemic-positive-outliers-exist-02-07-2020

Summary:

Facebook Inc (NASDAQ: FB) CEO Mark Zuckerberg weighed in on the growing advertising boycott centered around the company and told employees that he was reluctant to bow to pressure and was not worried about the withdrawal of advertisers.

The Facebook chief executive said, “We’re not gonna change our policies or approach on anything because of a threat to a small percent of our revenue, or to any percent of our revenue,” reported MarketWatch.

The comments by Zuckerberg were first reported by The Information, an online tech publication.

On the topic of acceding to the demand of the boycotters, Zuckerberg said, “Usually I tend to think that if someone goes out there and threatens you to do something, that actually kind of puts you in a box where in some ways it’s even harder to do what they ...

Read Full News: https://finance.yahoo.com/news/zuckerberg-tells-facebook-employees-hes-085232861.html

Summary:

We have made our live blog of the coronavirus pandemic free for all readers. Please consider supporting our journalism with a subscription.

The global death toll from coronavirus has passed 520,000 and there are more than 10.8 million known cases of infection, according to Johns Hopkins University.Victoria recorded 66 new cases of coronavirus overnight. Both New South Wales and Queensland recorded no new cases overnight.Don Harwin has been reinstated as NSW Arts Minister after he was cleared of breaking COVID-19 rules in April.Six AFL sides will move to Queensland for the next six rounds while four other Victorian sides will be temporarily moving interstate. Lockdown restrictions have eased across Queensland today. More than 20 Victorian schools have closed in the past week due to positiv ...

Read Full News: https://www.smh.com.au/national/coronavirus-updates-live-global-covid-19-cases-surpass-10-6-million-as-australian-death-toll-stands-at-104-20200702-p558ko.html

Summary:

In China, meanwhile, factories are cranking to life, but retail sales are going south and services industries are still below par. GDP is likely to expand 2.1 per cent this year, says Bloomberg Economics, one of the few major economies to advance. Six months ago, growth that slight would have been regarded as a disaster. Given gloom in the US and Europe, though, anything north of zero is a break.

The shape of recovery will depend on a number of questions: what a country is good at, who it trades with, whether infections are rising or falling and the fiscal and monetary policy responses. Will lockdowns be nationwide or pocket-sized? For example, the Philippines eased restrictions in the capital of Manila but tightened curbs in Cebu. In Indonesia, where limits on activity vary across the ar ...

Read Full News: https://www.smh.com.au/business/markets/alphabet-soup-using-a-letter-to-describe-an-economic-recovery-spells-trouble-20200703-p558ol.html

Summary:

Graphic Packaging Holding Compa with ticker code (GPK) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 19 and 15 calculating the mean target price we have 16.54. With the stocks previous close at 13.99 this indicates there is a potential upside of 18.2%. There is a 50 day moving average of 13.93 and the 200 moving average now moves to 14.3. The market capitalisation for the company is $3,877m. You can visit the company’s website by visiting: http://www.graphicpkg.com

Graphic Packaging Holding Company, together with its subsidiaries, provides paper-based packaging solutions to food, beverage, foodservice, and other consumer products companies. It operates through three segments: Paperboard Mills, Americas Paperboard ...

Read Full News: https://www.directorstalkinterviews.com/graphic-packaging-holding-compa-consensus-indicates-potential-18-2-upside-2/412838676

Summary:

Thursday's job report delivered another surprise to forecasters and economists as figures logged another new unexpected record. Meanwhile, Treasury yields offered solace to the heavily penalized big banks.

The U.S. recorded its biggest job increase ever at 2.5 million gains in the month of May. The resilient labor market then delivered another feat this Thursday morning by adding 4.8 million more jobs in June.

Most of the gains in May were attributed to individuals who had been furloughed due to the coronavirus returning to work as well as the large number of workers who were classified as employed but absent from work per the Bureau of Labor Statistics. June's job gains, on the other hand, were a result of the U.S. economy slowly reopening while the pandemic continues.

In total, the labo ...

Read Full News: https://finance.yahoo.com/news/uncertainty-yields-opportunity-203444815.html