-
Under Armour used the pandemic to make long-lasting improvements to the business, analysts say
Under Armour Inc. has used the tumultuous time during the COVID-19 pandemic to make long-term improvements to the business, BMO Capital Markets analysts say, driving an upgrade of the stock to outperform from market perform. BMO raised its price target by $2 to $25. BMO analysts led by Simeon Siegel note improved gross margins, with more growth possible. The athletic company has also found operational efficiencies after a period in which there was a “grow-at-all-costs mind-set.” And Under Armour UAA, +1.40% has been socking away cash, which could lead to stock repurchases and earnings per share growth. “We are upgrading
-
Good Advice Helped Showbiz Talent Survive Pandemic
Good Advice Helped Showbiz Talent Survive Pandemic – Variety Good Advice Helped Showbiz Talent Survive Pandemic – Variety You will be redirected back to your article in seconds
-
California pushes for auto insurance refund checks due to less driving during pandemic
Three auto insurance companies in California are receiving increased pressure from the state to issue auto insurance refunds due to the lack of driving during the pandemic. (iStock) California is taking action against three auto insurance companies, directing them to reimburse their drivers for premiums they were charged at the start of the pandemic. The three companies in question include Allstate Northbook Indemnity, Mercury Insurance and CSAA Insurance Exchange, which provide insurance to about 20% of Californian drivers, according to an Oct. 6 press release from the state’s department of insurance. Data analysis by the department showed these
-
JPMorgan edges closer to leaving pandemic behind, its earnings show
Oct 13 (Reuters) – JPMorgan Chase & Co (JPM.N) beat analysts’ profit estimates on Wednesday, thanks to record revenue in some investment banking businesses and a sunnier economic outlook that allowed the largest U.S. bank to release money it had set aside for potential loan losses during the coronavirus pandemic. JPMorgan’s third-quarter profit was 24% higher than the same period last year, and the bank’s average loans and deposits rose, as did credit-card spending, helping JPMorgan’s lending income rise 2.5% from the second quarter. On a call with analysts, executives were cautiously optimistic that the economy is finally on a
-
What to do now that pandemic unemployment insurance programs expired
Millions of Americans and their families will see a significant drop in their unemployment benefits, or lose them altogether, now that three key pandemic relief programs for the jobless have expired. Moving forward, 5.1 million people supported by Pandemic Unemployment Assistance (for freelancers, gig workers and caregivers), and 3.8 million people drawing from Pandemic Emergency Unemployment Compensation (for the long-term unemployed) will lose access to benefits entirely. This amounts to roughly 76% of all UI recipients as of late August losing their jobless aid altogether. The 2.6 million people who qualify for traditional UI will lose the $300 weekly supplement,
-
Global Business Management Platforms Supporting The COVID Pandemic Recovery
Have you ever wondered about the connection between successful social networking and audience engagement? If you are trying to impact your business using Instagram, it is time to understand the importance of having a loyal and active target audience demographic. Instagram is a social site that runs on the principles of building virtual communities. Hence among other determiners, the platform’s algorithms consider each user’s interactions and communication habits to determine visibility and reach for their posts. Often you may need to boost your content visibility and buy Socialboss likes to get on the Explore page or build a positive online
-
Officially, the pandemic recession lasted only two months.
Daily Business Briefing July 19, 2021Updated July 21, 2021, 7:16 p.m. ET July 21, 2021, 7:16 p.m. ET Times Square in March last year as lockdown began in New York. Employers cut 22 million jobs in March and April 2020.Credit…Ashley Gilbertson for The New York Times The pandemic recession is officially over. In fact, it has been over for more than a year. The National Bureau of Economic Research, the semiofficial arbiter of U.S. business cycles, said Monday that the recession had ended in April 2020, after a mere two months. That makes it by far
- Uncategorized
Elevated Default Risks Highlight Uneven Pandemic Recovery For Travel, Leisure
The printed info is full of shiny, new ideas to lodging and eating and adventuresome sights within the neighboring areas to discover. Become a Travel + Leisure Club member for customized and most well-liked entry to resorts, eating, shopping and travel. Based in Montreal, Canada, Valsoft’s focus is to acquire and develop vertical software companies that provide mission-critical options of their respective area of interest or market. Crossref is a not-for-profit membership organization for scholarly publishing. He expects travel and leisure clients will rush to get something, anything, to look ahead to in their calendars after their enforced 12 months
The Number One Source For Business
/cloudfront-us-east-2.images.arcpublishing.com/reuters/YTPTJQBG7FJWLINERSQ4RRHMNY.jpg)
