Tesla Q2 2020 Earnings: Stock Price Targets Popping

Tesla released its Q2 2020 earnings report last night, and analysts responded with a flood of price target increases for Tesla stock (NASDAQ:TSLA). We’re finally starting to see a significant number of analysts with price targets in excess of $1,000, although the company’s valuation still gives most analysts pause. The automaker reported $6 billion in revenue…

8 Dividend Aristocrat Stocks to Buy Now

[Editor's note: "8 Dividend Aristocrat Stocks to Buy Now" was previously published in June 2020. It has since been updated to include the most relevant information available.]After the big shock in March, many investors are still looking for defensive stocks to buy now. Of course, in the most extreme example, you can elect to go…

Intel Slumps After Chip Production Process Delayed Again

(Bloomberg) — Intel Corp. shares slumped after warning about another production delay, sparking concern the world’s largest chipmaker will fall further behind rivals in a crucial area it once dominated.The timing of a new 7-nanometer process “is shifting approximately six months relative to prior expectations,” the company said as it reported quarterly results on Thursday.…

Milestone Pharmaceuticals Announces $25 Million Private Placement

MONTREAL and CHARLOTTE, N.C., July 23, 2020 /CNW/ — Milestone Pharmaceuticals Inc. (Nasdaq: MIST), a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines, today announced that it has entered into a securities purchase agreement with affiliates of an existing shareholder, RTW Investments, LP, for a $25 million private placement. The private…

BlackBerry Announces Proposed Redemption of Existing Convertible Debentures and Issuance of New Convertible Debentures

WATERLOO, Ontario, July 22, 2020 /CNW/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced that it has obtained consents from the beneficial owners of 88.39% of its outstanding 3.75% unsecured convertible debentures (TSX: BB.DB.V) (the “3.75% Debentures”) including Fairfax Financial Holdings Limited and certain of its affiliates (together, “Fairfax”), to give effect to an extraordinary resolution…

Is Nokia Stock a Buy Right Now? This Is What You Need to Know

The days when Nokia (NOK) handsets were all the rage are now a bygone era. The former market leader sold its phone business to Microsoft in 2014, and although today the Finnish tech company remains a major multinational telecommunications player, since the “glory years,” shares have been in decline.However, following the coronavirus infected bloodbath, shares…

Two Cheap Dividend Stocks Raising Dividends Last Week

Welcome to another edition of my weekly review of dividend increases. I follow this process in order to monitor existing dividend holdings. It is helpful to see if my investments continue growing their dividends, and if my original investment thesis is working. I also find this process helpful, in order to identify companies for further research. WBA Riased…