JPMorgan upgrades this beaten-down industrial salt stock, says it’s primed for a major turnaround

JPMorgan upgrades this beaten-down industrial salt stock, says it’s primed for a major turnaround

Compass Minerals could be a winner from this year’s cold winter, per JPMorgan. Analyst Jeffrey Zekauskas upgraded the stock to overweight from neutral. He also raised his target price by $2 to $15 per share, which suggests 25.3% upside potential from Tuesday’s close. Compass Minerals has struggled of late, with multiple “business dislocations that have…

Read More
Fed Chair Powell says central bank doesn’t ‘need to be in a hurry’ to lower interest rates further

Fed Chair Powell says central bank doesn’t ‘need to be in a hurry’ to lower interest rates further

Federal Reserve Bank Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill on March 06, 2024 in Washington, DC.  Chip Somodevilla | Getty Images Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t…

Read More
Coca-Cola (KO) Q4 2024 earnings

Coca-Cola (KO) Q4 2024 earnings

James Quincey, CEO of Coca-Cola, speaking on CNBC’s “Squawk Box” outside of the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by a global rise in demand for its drinks. Shares of the company rose 2%…

Read More
McDonald’s (MCD) Q4 2024 earnings

McDonald’s (MCD) Q4 2024 earnings

A McDonald’s restaurant in Omaha, Nebraska, on Oct. 23, 2024. Mario Tama | Getty Images McDonald’s is set to report its fourth-quarter earnings before the bell on Monday. Here is what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: $2.83 expected Revenue: $6.44 billion expected The fast-food giant…

Read More
Jobs report January 2025:

Jobs report January 2025:

A hiring sign is displayed in the window of a Chipotle on August 22, 2024 in Alexandria, Virginia.  Anna Rose Layden | Getty Images Job creation was weaker than expected in January, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls rose by a seasonally adjusted 143,000 for the month, down from an upwardly revised…

Read More
Back To Top