USA News and Press, Liberty All-Star Equity Fund From 01/06/23

Shell plc ( LON: SHEL ) is in focus on Friday after it said the new levies in European Union and the United Kingdom could result in a $2.0 billion tax hit in its fourth quarter. Shell to report Q4 results in early February In September, EU said the fossil fuel companies will pay a...

S&P 500 is in the green this morning even though the Bureau of Labour Statistics reported a better-than-expected growth in nonfarm payrolls for December. Notable figures in the monthly jobs report Nonfarm payrolls went up by 223,000 last month – a slight decline from 256,...

Walgreens Boots Alliance Inc ( NASDAQ: WBA ) ended roughly 5.0% down even though it reported better-than-expected results for its first financial quarter. Is Walgreens stock a ‘buy’? Shareholders were put off by $5.2 billion of charge related to an opioid settlement that...

S&P 500 bottomed at 3,577 level in 2022 but a Piper Sandler analyst warns that we may see even worse this year. Kantrowitz bearish view on S&P 500 Michael Kantrowitz sees downside in the benchmark index to 3,225 level – about a 16% downside from here. Defending his dovish...

Microsoft Corp ( NASDAQ: MSFT ) was a disappointment for its shareholders in 2022. But the new year will likely be the one of “recovery”, a D.A. Davidson analyst said in a note this morning. Microsoft stock could climb to $270 On Thursday, Gil Luria recommended that inve...

Natural gas prices have tanked sharply to around $3.75 in less than a month. Still, Chesapeake Energy Corporation ( NASDAQ: CHK ) CEO does not expect that to be a threat for his company. Price of natural gas is still profitable According to Nick Dell’Osso, natural gas is st...

Amazon.com Inc ( NASDAQ: AMZN ), on Thursday, revealed plans of laying off 18,000 employees worldwide – a much bigger number than the one it suggested in its previous update. Amazon shares in the red again According to the tech behemoth, majority of these job cuts will affe...

Shares of Bed Bath & Beyond Inc ( NASDAQ: BBBY ) opened nearly 25% down this morning after the retailer warned of a potential bankruptcy. Bed Bath & Beyond stock down on Q3 results The Union-headquartered firm also reported its unaudited preliminary results for the third finan...

Avraham Eisenberg, the individual behind the $110 million exploit on Solana -based platform Mango Markets ( MNGO/USD ), has been denied bail and ordered to remain in custody pending his trial. According to court documents released on Wednesday, Puerto Rico District Court Judge Bruce M...

Every first week of a trading month has special meaning for financial market participants. First, it is the time when the US jobs data for the previous month is released. Because the Federal Reserve of the United States has a mandate that involves job creation too, the state of the job ma...