Stock Market - Most Anticipated Earnings Releases for the week beginning October 12th, 2020 |
- Most Anticipated Earnings Releases for the week beginning October 12th, 2020
- In 2009, AIG Predicted They Could Lose $6.2 billion in the Event of a Severe Influenza
- Apple Starts Shipping Devices From Stores to Speed Up Deliveries
- Why attentive investors of Albertsons Companies (ACI) are excited about earnings on October 20.
- Kohl’s vs Macy’s vs Nordstrom
- Best Robinhood Alternative? (Excluding Fidelity and Merrill)
- Is hold a safe heaven to go for the next 3 months?
- Does anyone have a clue of what trading platform this is?
- Thoughts on Nikola stock
| Most Anticipated Earnings Releases for the week beginning October 12th, 2020 Posted: 10 Oct 2020 05:30 AM PDT
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| In 2009, AIG Predicted They Could Lose $6.2 billion in the Event of a Severe Influenza Posted: 10 Oct 2020 12:52 PM PDT (source) https://www.secinfo.com/dsvr4.s82v.htm Exact line: https://www.secinfo.com/dsvr4.s82v.htm?Find=%221918%20Flu%20Epidemic%22&Line=179247#Line179247 Pandemic Influenza "On April 25, 2009, the World Health Organization (WHO) stated that new lab studies confirm that the latest outbreak of Swine Flu is a new strain of a humanly transmissible influenza virus that has the potential to trigger an influenza pandemic. On April 29, 2009, the WHO raised its flu alert level to 5, the second highest level, which indicates a pandemic is imminent. The swine flu virus has the potential to spread rapidly and has already spread from North America to Australia and Asia. If such a pandemic were to take place, early quarantine and vaccination could be critical to containment. Although AIG continues to monitor the developing facts, current evidence suggests that a resulting pandemic would be of moderate severity with some chance that it could be severe. A significant global pandemic could have a material adverse effect on Life Insurance & Retirement Services operating results and liquidity from increased mortality and morbidity rates. Utilizing a scenario-based approach and an industry standard model, AIG has analyzed its insurance risk associated with pandemic influenza. As previously reported, for a severe event, considered to be a recurrence of the 1918 Flu Epidemic, the analysis indicates AIG could incur a pre-tax loss of approximately $6.2 billion if this event were to recur. For a mild event, considered to be a recurrence of the influenza epidemic of 1968, the analysis indicates AIG could incur a pre-tax loss of approximately $0.6 billion if such an event were to recur. These analyses were based on 2007 policy data representing approximately 95 percent of AIG's individual life, group life and credit life books of business, net of reinsurance at that point in time. These estimates do not include claims that could be made under other policies, such as business interruption or general liability policies, and does not reflect estimates for losses resulting from disruption of AIG's own business operations or asset valuation losses that may arise consequent to such a pandemic. These related losses may be significant and in some scenarios exceed the losses incurred from AIG's life insurance coverages. Although it is too early to be definitive about the likely dimensions of the aggregate life insurance loss, if there is a swift and effective response for its containment, some key features of the swine flu virus that place its likely impact toward the lower end of the range provided above are as follows: • Virulence: The mortality level of those infected is estimated to be significantly lower than that of the 2006-2007 "avian flu" (H5N1) virus but higher than that of a seasonal flu outbreak; • Infectiousness: The level of infectiousness, measured by the virus's initial reproductive number is currently estimated to be below that of each of the last three pandemics; • Human Immunity: The swine flu is a strain of the H1N1 influenza virus and hence some of the population may have built up immunity to the virus; • Age profile of deaths to date: Although currently affecting a similar age profile to that of the 1918 pandemic flu, initial clinical reports are predominantly recording "severe pneumonia" symptoms, meaning that it may not be triggering the worst case scenario of a severe immune system reaction in the affected population like that in the 1918 Flu Epidemic." [link] [comments]  | ||
| Apple Starts Shipping Devices From Stores to Speed Up Deliveries Posted: 10 Oct 2020 05:28 PM PDT https://finance.yahoo.com/news/apple-starts-shipping-devices-stores-203514688.html (Bloomberg) -- Apple Inc. is starting to use its network of retail stores as distribution centers for shipping products to consumers, joining a trend popularized by other retailers. The Cupertino, California-based technology giant has typically shipped devices like iPhones, Macs, iPads, and accessories from warehouses located across a customer's region or directly from China. Now items that are in stock can be shipped directly to consumers from a network of almost 300 retail stores spread across the U.S. and Canada, according to people familiar with the matter. Apple told staff the shift will mean faster delivery times for customers who live further from distribution centers than from stores, according to the people who asked not to be identified discussing internal policies. The products will be shipped through United Parcel Service Inc. in Canada and FedEx Corp. in the U.S. via ground shipping and may be delivered as early as the day after a customer's order, Apple told its staff. The program will apply to customers who live within 100 miles from a store, the people said. [link] [comments]  | ||
| Why attentive investors of Albertsons Companies (ACI) are excited about earnings on October 20. Posted: 10 Oct 2020 06:43 PM PDT Albertsons Companies Stock Updates - ACI - Has gone mostly unnoticed since their IPO in June. As luck would have it EV mania was in full stride and if you were not a SPAQ or working on the next electric-powered anything then you were at best noticed second. As one of America's largest retail grocery chains, ACI has quietly sat in the shadows and raked in the cash during the peak of Covid-19 lockdowns and nationwide non-essential business closures. For those that haven't already done their Due Diligence on Albertsons Companies, they have increased same-store sales for 10 straight quarters. Yes, even before covid-19. If anything, they have only benefited from the national safety protocols that were put in place along with non-essential business closures as they were seen as an essential business. Even work from home implementation by thousands of businesses has donated quite heavily to their bottom line. As Jim Cramer mentioned in his stock market based television show, Albertsons is not the same company as they were in 2015 or even 2018. Under their new CEO debt has been reduced by Billions of dollars and by restructuring their long term debts while federal interest is at /near zero percent they have become a much leaner, and even more efficient company. The current PEG ratio that is popular and most referred to when measuring a company's growth tells a story of great potential for ACI investors. With a PEG at 0.40 it's clear that the unnoticed stock is Extremely undervalued. For perspective sake, if a company's PEG ratio is 1.0 that would indicate that the price of the stock accurately reflects it's growth. So a PEG of 0.50 would indicate an extreme undervalue on share price. As mentioned earlier, ACI has a PEG of 0.40 currently. Couple all the aforementioned positive catalysts with the fact that they have also seen a 275% jump in digital sales since Covid-19 and one can only assume that their earnings report scheduled for October 20, 2020 will be positive. The consensus price target by 18 Analysts is $19.50. The high price target is $26.00. From today's entry price of $14.26 a share, this could be a very lucrative buy opportunity for attentive investors. ACI - Albertsons Companies Earnings 10-20-2020 [link] [comments]  | ||
| Posted: 10 Oct 2020 02:54 PM PDT I'm currently holding fairly large positions in all of these but am thinking about concentrating on just one of them... The way I see it, of all three Nordstrom has suffered the hardest hit from Covid. They have stylists and tailors etc. They sell fancier clothes and people don't need to look fancy as much these days. But I think most pain is already priced in. So, when things go back to normal I also think Nordstrom will recover the most. Nordstrom also has the best off price business.. the Rack. However, Kohl's cooperates with Amazon.. Macy's is growing a lot online. What do you think? [link] [comments]  | ||
| Best Robinhood Alternative? (Excluding Fidelity and Merrill) Posted: 10 Oct 2020 05:59 AM PDT I'm looking for the best Robinhood alternative. It's my trading account, I also have an IRA and an ETF account. I want the same convenient features, easy to view charts, and fractional shares. I buy in $50-100 increments, entirely disregarding market price, so fractional shares are a must. Merrill did not have this feature. Fidelity/Merrill: Merrill was where I opened my IRA. The apps aren't great, look awful, charts are weak, and no fractional shares. Ended up moving it to Fidelity, where I have my ETF account. With my IRA and ETF accounts in Fidelity, I'd like a different broker for my trading account. Having different apps helps me change my mindset to adapt to the strategy for that account I'm looking for something that is as user friendly as Robinhood. The app is incredibly easy to use, looks good imo, and I like how convenient everything is to access and use. Live customer service reps is an absolute must given Robin's track record with errors/issues and people failing to be able to talk to someone about it. TLDR: What's your favorite non-robinhood trading account broker, excluding Merrill or Fidelity? [link] [comments]  | ||
| Is hold a safe heaven to go for the next 3 months? Posted: 10 Oct 2020 02:40 PM PDT I've been researching on buying gold stocks (mines) for the last weeks. When the fed keeps printing money, i've become very bullish on buying gold since it historically always booms when there is big inflation & uncertainty. Am I right or am I missing something here? [link] [comments]  | ||
| Does anyone have a clue of what trading platform this is? Posted: 10 Oct 2020 12:57 PM PDT My friend is not telling me what platform this. I know, what a great friend. Does anyone have a clue? https://imgur.com/gallery/GEGNBcF. I GOT A CLUE IT IS A CRYPTO TRADING PLATFORM. https://imgur.com/gallery/tIieHYD [link] [comments]  | ||
| Posted: 10 Oct 2020 12:59 PM PDT I was just wondering about nikola stock near and long term. It seems the stock is broken right now. Is it worth investing in yet? It seems pretty volatile right now with mixed ideas on how the company will fare. [link] [comments]  |
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