Coinbase Global Inc (NASDAQ:COIN) stock sold off this week after the company announced it received a “Wells Notice” from the U.S. Securities and Exchange Commission in regard to its Lend program.
Requisite Capital Management's Bryn Talkington took advantage of the pullback and added to her position in Coinbase, she said Thursday on CNBC's “Fast Money Halftime Report.”
The stock traded down from $280 last week to $257 on the SEC news, she said.
See Also: Mark Cuban Wants Coinbase To Be 'Aggressive' In Its Dealings With SEC For Greater Good Of Crypto Industry
Talkington told CNBC that she is a big fan of Coinbase CEO Brian Armstrong and a big believer in the technology around cryptocurrency.
Coinbase reported revenue of $2 billion and net income of $1.6 billion last quarter, she said, adding that the company also has $4.4 billion in cash.
Coinbase has the potential to reach net income of about $8 billion next year, Talkington said.
“If you look at their runway, this company is growing so fast.”
Coinbase also just got approved to offer its platform in Japan and Germany, which are really large crypto markets, she noted.
Hot Heal Care Stocks For 2023: Prudential Financial Inc.(PRU)
Prudential Financial, Inc., through its subsidiaries, offers various financial products and services in the United States, Asia, Europe, and Latin America. The company operates through three divisions: The U.S. Retirement Solutions and Investment Management, The U.S. Individual Life and Group Insurance, and The International Insurance and Investments. The U.S. Retirement Solutions and Investment Management division provides individual variable and fixed annuity products, as well as offers retirement investment and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors. This division also provides investment management and advisory services to the public and private marketplace. The U.S. Individual Life and Group Insurance division offers individual variable life, term life, and universal life insurance products; and group life, long-term and short-term group disability, long-term care, and group corporate-, bank-and trus t-owned life insurance products to institutional clients. This division also sells accidental death and dismemberment, and other ancillary coverages, as well as provides plan administrative services; and offers preferred provider and indemnity dental coverage plans to clients. The International Insurance and Investments division provides international individual life insurance products in Japan, Korea, and other foreign countries; and offers proprietary and non-proprietary asset management, investment advice, and services to retail and institutional clients internationally. In addition, the company engages in real estate brokerage franchise business, which involves marketing its franchises to the real estate companies. Further, it provides institutional clients and government agencies with various services in connection with the relocation of their employees. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.
Advisors’ Opinion:
- [By Louis Navellier and the InvestorPlace Research Staff]
The current Dividend Grader rating for LYB stock is A.
Best Dividend Stocks: Prudential (PRU)
Source: JHVEPhoto / Shutterstock.com
- [By Josh Enomoto]
As well, the company posted a 11% sales increase in the fiscal second quarter of 2021 relative to the year-ago level. That it was also a bump up sequentially from fiscal Q1 results was a nice bonus. Moving forward, whether the coronavirus variants wreak havoc on society or if things normalize, Walgreens enjoys a critical essential business. Thus, it’s one of the dividend stocks to consider.
Prudential Financial (PRU)
- [By Shane Hupp]
COPYRIGHT VIOLATION NOTICE: “Bank of Nova Scotia Buys 33,446 Shares of Prudential Financial Inc (PRU)” was originally published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this story on another website, it was illegally copied and republished in violation of United States & international trademark & copyright legislation. The correct version of this story can be accessed at www.tickerreport.com/banking-finance/4192921/bank-of-nova-scotia-buys-33446-shares-of-prudential-financial-inc-pru.html.
- [By Motley Fool Transcribers]
Prudential Financial Inc (NYSE:PRU)Q4 2018 Earnings Conference CallFeb. 07, 2019, 11:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
Hot Heal Care Stocks For 2023: Methanex Corporation(MEOH)
Methanex Corporation, incorporated on March 5, 1992, is a producer and supplier of methanol to a range of international markets in North America, Asia Pacific, Europe and South America. The Company operates production sites in Canada, Chile, Egypt, New Zealand, the United States, and Trinidad and Tobago. Its global operations are supported by a global supply chain of terminals, storage facilities and a fleet of methanol ocean tankers. Its global supply chain and distribution network provides its customers with supply of methanol. Its subsidiary, Waterfront Shipping Company Limited, operates its fleet, which is made up of approximately 20 vessels ranging from 3,000 to 50,000 deadweight tons of capacity. It has over three production facilities in New Zealand that supply methanol primarily to customers in Asia Pacific. The Company operates over two plants in Trinidad, Titan and Atlas, which supply methanol to markets in North America, Europe, Asia Pacific and South America.
The Company’s joint venture facility in Egypt is located on the Mediterranean Sea, and supplies methanol to markets in Europe and Asia Pacific. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America. The Punta Arenas production complex in southern Chile caters to customers in South America. Its total annual production capacity, including Methanex interests in jointly owned plants, is approximately 9.4 million tons, and is located in New Zealand, the United States, Trinidad, Egypt, Canada and Chile. In addition to the methanol produced at its sites, the Company purchases methanol produced by others under methanol offtake contracts and on the spot market. The Company operates an approximately 1.26 million tons per year methanol facility in Egypt and has marketing rights for the production. The Egypt methanol facility is located to supply European and Asia Pacific methanol markets. The Company produces over 148,000 metric tons at this plant. Its Medicine Hat facility produces approximately 0.5 million tons.
Advisors’ Opinion:
- [By Joseph Griffin]
COPYRIGHT VIOLATION NOTICE: “Methanex Co. (MEOH) Sees Significant Drop in Short Interest” was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this report on another site, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this report can be viewed at www.tickerreport.com/banking-finance/4197514/methanex-co-meoh-sees-significant-drop-in-short-interest.html.
- [By Ethan Ryder]
Citigroup set a $84.00 price objective on Methanex (NASDAQ:MEOH) (TSE:MX) in a report published on Thursday morning. The brokerage currently has a hold rating on the specialty chemicals company’s stock.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Methanex (MEOH)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Methanex Co. (TSE:MX) (NASDAQ:MEOH) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$102.00 and last traded at C$101.83, with a volume of 186302 shares. The stock had previously closed at C$99.69.
Hot Heal Care Stocks For 2023: Solar Senior Capital Ltd.(SUNS)
Solar Senior Capital Ltd. (SUNS), incorporated on December 16, 2010, is a management investment company. The Company’s investment objective is to seek to maximize current income consistent with the preservation of capital. Its primary investment objective is to generate current income through investments in the United States senior secured loans. The Company invests primarily in the United States middle market companies. The Company invests in senior loans, including first lien and second lien debt instruments. The Company also invests in debt of public companies that are thinly traded. The Company invests in senior loans made primarily to private, leveraged middle-market companies with approximately $20 million to $100 million of earnings before income taxes, depreciation and amortization (EBITDA). SUNS is managed by Solar Capital Partners, LLC (Solar Capital Partners).
The Company’s business model is focused on the direct origination of investments through portfolio companies or their financial sponsors. The Company also invests a portion of the portfolio in opportunistic investments, including foreign securities. The Company’s investments consist of cash, cash equivalents, the United States Government securities or investment grade debt securities maturing in over one year or less from the time of investment (collectively referred to as temporary investments). SUNS also issues various classes of indebtedness and one class of stock senior to its common stock. Its investment portfolio totals approximately $306.5 million and its net asset value is over $188.3 million. Its portfolio is consisted of debt and equity investments in over 45 portfolio companies.
The Company invests approximately $114.2 million across over 20 portfolio companies through a combination of primary and secondary market purchases. The Company invests in various industries, such as aerospace and defense, healthcare facilities, air freight and logistics, healthcare services, automobiles, healthcare technology, asset management and custody banks, hotels, restaurants and leisure, building products, industrial conglomerates, chemicals, insurance, commercial services and supplies, Internet software and services, communications equipment, information technology (IT) services, construction and engineering, leisure equipment and products, consumer finance, machinery, containers and packaging, media, distributors, multiline retail, consumer services, paper and forest products, financial services, personal products, real estate activities, professional services, telecommunications services, research and consulting services, education services, software, food products, specialty retail, footwear, textiles, apparel and luxury goods, healthcare equipment and supplies, and utilities.
Advisors’ Opinion:
- [By Motley Fool Transcribers]
Solar Senior Capital Ltd (NASDAQ:SUNS)Q4 2018 Earnings Conference CallFeb. 22, 2019, 10:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Logan Wallace]
These are some of the headlines that may have impacted Accern’s scoring:
Get Solar Senior Capital alerts:
Financial Survey: Solar Capital (SLRC) vs. Solar Senior Capital (SUNS) (americanbankingnews.com) Research Analysts Offer Predictions for Solar Senior Capital Ltd’s Q1 2019 Earnings (SUNS) (americanbankingnews.com) Solar Capital Ltd (SLRC) CEO Michael Gross on Q2 2018 Results – Earnings Call Transcript (seekingalpha.com) Solar Senior Capital’s (SUNS) Buy Rating Reiterated at Maxim Group (americanbankingnews.com) Solar Senior Capital NII in-line, misses on revenue (seekingalpha.com)
SUNS stock traded down $0.07 during trading on Monday, hitting $16.85. The company had a trading volume of 7,787 shares, compared to its average volume of 28,851. The company has a market capitalization of $271.40 million, a PE ratio of 11.95 and a beta of 0.60. Solar Senior Capital has a 52-week low of $16.10 and a 52-week high of $18.40.
- [By Logan Wallace]
Maxim Group reaffirmed their buy rating on shares of Solar Senior Capital (NASDAQ:SUNS) in a research report released on Tuesday. They currently have a $18.50 target price on the asset manager’s stock.
Hot Heal Care Stocks For 2023: Washington Federal, Inc.(WAFD)
Washington Federal, Inc. operates as the bank holding company for Washington Federal, National Association that provides financial services in the United States. The company accepts deposit products, such as business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts. It also offers single-family residential, construction, land development, multi-family residential, commercial and industrial, consumer, and home equity loans. In addition, the company, through its subsidiaries, is involved in the real estate investment and insurance brokerage activities. It has 247 branches in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, and Texas. Washington Federal, Inc. was founded in 1917 and is headquartered in Seattle, Washington.
