USA News and Press, Liberty All-Star Equity Fund From 01/10/23

Shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) rose by 12% on Tuesday after closing 23% higher the previous day. The gains come ahead of a key earnings report, expected on January 10 before market open. Does the market expect the company to boost its earnings? It has already been a to...

Oak Street Health Inc ( NYSE: OSH ) opened more than 30% up this morning after a report that CVS Health Corp ( NYSE: CVS ) is interested in buying the network of primary care centres. Deal could value Oak Street at $10 billion Late last night, Bloomberg said the healthcare gia...

Coinbase Global Inc ( NASDAQ: COIN ) has announced it will cut jobs again as it bids to minimise costs after a brutal crypto winter. Brian Armstrong, the co-founder and CEO of Coinbase , said in a blog announcement on 10 January that the layoffs are part of the company’s pl...

Shares of Tilray Inc ( NASDAQ: TLRY ) ended about 7.0% down on Monday after the cannabis company reported a loss for its second financial quarter. Tilray CEO reacts to the earnings report Still, CEO Irwin Simon is satisfied with the quarterly performance. Explaining why on CNBC&#x...

Zillow Group Inc ( NASDAQ: ZG ) is trading up on Monday after a Bank of America analyst issued a bullish note in favour of the tech-powered real estate marketplace. The bull case for Zillow stock Curtis Nagle double-upgraded the Zillow stock this morning to “buy” and sai...

The economic outlook for 2023, 2024 for the United States is largely predicated on the fact that the past year has been characterised by decelerating growth, monetary tightening and the Federal Reserves’ battle to tame inflation. The tough year that’s been 2022 and concerns of a...

Unemployment in the US is back down to five-decade lows of 3.5%. That’s the latest from the Bureau of Labor Statistics (BLS) employment situation report released on Friday. Despite the surge in the federal funds rate throughout 2022, the job numbers seem to be going from strength t...

Lululemon Athletica Inc ( NASDAQ: LULU ) lost about 10% on Monday after lowering its earnings outlook for the current financial quarter. Lululemon’s updated outlook for Q4 According to the athletic apparel retailer, its gross margin could contract by up to 110 basis points this...

Liberty All-Star Equity Fund ( NYSE: USA ) declares $0.15/share quarterly dividend , in line with previous. Forward yield 9.96% Payable March 6; for shareholders of record Jan. 20; ex-div Jan. 19. See USA Dividend Scorecard, Yield Chart, & Dividend Growth. ...

Shares of Biogen Inc ( NASDAQ: BIIB ) have gained nearly 45% since late September but CEO Christopher Viehbacher says there’s still “a lot that’s underestimated” at Biogen. Highlights from CEO’s interview with CNBC Viehbacher is convinced that the li...