NetworkNewsBreaks Archive - Page 1482 of 2272

ThursdayAug 27, 2020 9:42 am

NetworkNewsBreaks – Target Corp. (NYSE: TGT) Featured in Analysis Report

Following impressive financial results from both Walmart Inc. (NYSE: WMT) and The Home Depot Inc. (NYSE: HD), Target (NYSE: TGT) was featured in an analysis report ahead of its recently reported second quarter 2020 results (http://nnw.fm/Wg8NM). The August 18th report, written by LikeFolio Founder Andy Swan, reads, “Purchase Intent in 20Q2 increased by 13% YoY. Now, Purchase Intent has almost completely normalized. While +13% demand growth is impressive, it is important to note this is smaller than what we observed for WMT in the same quarter (+32% YoY).” About Target Minneapolis-based Target Corporation serves guests at nearly 1,900 stores and…

ThursdayAug 27, 2020 9:27 am

NetworkNewsBreaks – Nordstrom, Inc. (NYSE: JWN) Featured in Analysis Report

Nordstrom (NYSE: JWN) was featured in an analysis report highlighting the company’s performance ahead of it recently reported financial results for the second quarter of 2020. The report, written by LikeFolio Founder Andy Swan, reads, “Nordstrom's Anniversary sale is typically a predictive indicator for the company's future performance. This year, the event was shifted from July to August. This means the 2019 anniversary sale occurred in 19Q2, and the 2020 anniversary sale is currently underway in 20Q3. So far, Nordstrom Anniversary Sales Purchase Intent mentions are 22% lower YoY. This timing shift and COVID-related store closures paint an unusual picture…

ThursdayAug 27, 2020 9:00 am

NetworkNewsBreaks – CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) Appoints Dr. Patrick Wen to Science Advisory Board

CNS Pharmaceuticals (NASDAQ: CNSP) (“CNS”), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers of the brain and central nervous system, this morning announced the appointment of Patrick Wen, M.D., an accomplished neuro-oncologist, to the company’s Science Advisory Board. “We are excited to add Dr. Wen, a neuro-oncologist with a passion for and background in investigating cures for deadly brain cancers, such as glioblastoma, to our Science Advisory Board,” CNS Pharmaceuticals CEO John Climaco stated in the news release. “We believe Dr. Wen's extensive experience in the field of neuro-oncology will prove invaluable as…

WednesdayAug 26, 2020 2:49 pm

NetworkNewsBreaks – Cybin Corp. Poised Amid Groundbreaking Decision to Allow Psilocybin Therapy

Cybin Corp., an exemplary Canada-based life-science company focused on the development of pharmaceutical-grade psilocybin products, appears ideally positioned to leverage a milestone moment. Canada’s Minister of Health, the Honourable Patty Hajdu, recently approved the use of psilocybin therapy in the end-of-life treatment of four Canadians battling incurable cancer (http://nnw.fm/JVZYJ), and this groundbreaking decision bodes well for companies such as Cybin, which are operating in the sector. The approval marks the first known, legal medical exemption for psilocybin use in Canada since the compound became illegal in the country in 1974. A recent article discussing this anticipates more applications through the…

WednesdayAug 26, 2020 2:13 pm

NetworkNewsBreaks – DarioHealth Corp. (NASDAQ: DRIO) Positioned to Compete in ‘Largely Untapped US Market’

DarioHealth (NASDAQ: DRIO), a global digital-therapeutics company serving its users with dynamic mobile-health solutions, recently completed a round of successful fundraising that will assist in expanding the availability of its platform. DarioHealth secured approximately $28.6 million in aggregate gross proceeds from health-care funds and institutions across the United States and Israel through the private-placement transaction with accredited investors. The new capital coupled with existing cash puts the company in its best financial state since its inception (http://nnw.fm/wmeZq). A recent article discussing this quotes Dario CEO Erez Raphael, who stated, “We are pleased to have the confidence of our largest shareholder…

WednesdayAug 26, 2020 1:55 pm

NetworkNewsBreaks – Deltec Bank & Trust Ltd. Delves Into Intricacies Surrounding EU Recovery Fund

Deltec Bank & Trust, recently named the Best Private Bank Caribbean 2020 (http://nnw.fm/0dD3d), has published its latest investment research note entitled “EUreka” (http://nnw.fm/FtDJU). In the piece, Deltec looks into the intricacies around the European Union’s (“EU”) proactive fiscal response in dealing with the ongoing coronavirus outbreak and its impact on Eurozone financial-asset prices and the Euro. Deltec believes that the EU’s actions will benefit the government bonds and Europe’s weaker economies in the long term, with over-strained fiscal budgets set to be subsidized by the recovery-fund mechanism. A recent article discussing this reads, “Today, following the historic introduction of the…

WednesdayAug 26, 2020 1:41 pm

NetworkNewsBreaks – The JBoy Show Features 4x MLB All-Star, World Series Champion Tim Hudson

The JBoy Show, hosted by Jake Crain and providing an in-depth look at Southeastern Conference (“SEC”) sports with an emphasis on the SEC West, recently welcomed baseball legend Tim Hudson. Hudson is a four-time All-Star and World Series champion and has played with the Oakland Athletics, San Francisco Giants and Atlanta Braves. “I always just considered myself a baseball player growing up. I just loved playing the game . . . going out there to compete,” Hudson said in response to Crain’s question surrounding his college days playing for Hal Beard at Auburn, and preference as he joined the team…

WednesdayAug 26, 2020 12:57 pm

NetworkNewsBreaks – Foot Locker, Inc. (NYSE: FL) Featured in Analysis Report

Foot Locker (NYSE: FL) was featured in a recent analysis report discussing the unexpected rise in consumer demand regarding the popular shoe retailer. The report, written by LikeFolio Founder Andy Swan, reads, “In July, we noticed an usual uptick in consumer demand for an unlikely name: Foot Locker. It was so unlikely, we took a special look into it. We discovered a growing consumer base engaged with Foot Locker's digital drops. This is the kind of divergence opportunity we dream of...when we see a shift in consumer behavior that the market is not anticipating. Then, the company tipped its hand,…

WednesdayAug 26, 2020 12:44 pm

NetworkNewsBreaks – NVIDIA Corp. (NASDAQ: NVDA) Featured in Analysis Report

NVIDIA (NASDAQ: NVDA) was featured in an analysis report detailing the recent rise in consumer demand. The report, written by LikeFolio Founder Andy Swan, reads, “Last quarter, NVDA beat earnings expectations as gaming trends propelled GPU demand and data center revenue began pouring in. Now, data center revenue is projected to overtake its gaming segment revenue for the first time: analysts expect data-center sales of $1.72 billion, compared with gaming sales of $1.4 billion. LikeFolio data reveals impressive consumer demand across the board. Purchase Intent increased +30% YoY in 21Q2.” About NVIDIA NVIDIA’s invention of the GPU in 1999 sparked…

WednesdayAug 26, 2020 12:32 pm

NetworkNewsBreaks – Walmart Inc. (NYSE: WMT) Featured in Analysis Report

Walmart (NYSE: WMT) was featured in an analysis report highlighting the retail giant ahead of its first quarter earnings release. The report, written by LikeFolio Founder Andy Swan, reads, “Purchase Intent is settling in higher YoY, but lower than pantry-packing Q1. Purchase Intent in 20Q2: +32% YoY, -15% from prior quarter. We know expectations are high for this name, and investors will be listening for guidance related to the company's unrolling of Walmart Plus (its Amazon Prime competitive service).” About Walmart Walmart Inc. helps people around the world save money and live better - anytime and anywhere - in retail…

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