The video could add new fuel to charges leveled by Trump and some on the political right that Google is biased against conservatives. Google says it doesn’t rank search results to manipulate political sentiment.
“Most people here are pretty upset and pretty sad because of the election,” Google co-founder Sergey Brin says as the all-hands meeting begins. “Myself, as an immigrant and a refugee, I certainly find this election deeply offensive and I know many of you do, too. And I think it’s a very stressful time and it conflicts with many of our values.”
Best Small Cap Stocks To Own Right Now: Cowen Group, Inc.(COWN)
Cowen Group, Inc., a Delaware corporation, is a holding company formed in connection with the business combination of Ramius LLC (“Ramius”) and Cowen Holdings, Inc. (“Cowen Holdings”). The Company was jointly formed on June 1, 2009 by Cowen Holdings and RCG Holdings LLC (“RCG”) in connection with the transactions contemplated by the Transaction Agreement and the Agreement and Plan of Merger, dated as of June 3, 2009 (the “Transactions”).
Cowen Group, Inc. is a diversified financial services firm and, together with its consolidated subsidiaries (collectively, “Cowen Group” or the “Company”), provides alternative investment management, investment banking, research, and sales and trading services through its two business segments: Ramius and its affiliates comprise the Company’s alternative investment management segment, while Cowen and Company, LLC (“Cowen and Company”) is its broker-dealer segment. Advisors’ Opinion:
- [By Cory Renauer]
The Cowen Group (NASDAQ:COWN) was the first big investment bank to initiate significant coverage of the growing marijuana-stock universe. Cowen’s top pot stock analyst, Vivien Azer has been extremely bullish about legal marijuana sales growth and she’s a perfect example of a successful pot stock analyst who doesn’t want to talk about the biggest problems her stock picks are facing.
- [By Garrett Baldwin]
Tesla Inc. (NASDAQ: TSLA) stock hit a four-month low after a string of downgrades and fears about the company’s cash burn. CEO Elon Musk tweeted that the company will unveil its Model Y on March 14 and that it will shift Model 3 sales online around the globe. But Adam Jonas, a Morgan Stanley analyst, does not see this as a great buying opportunity. He thinks there is “something wrong” with the company. With more debt coming due and a significant level of cash burn, analysts wonder if Musk will need to raise more capital. Yesterday, Barclays slashed its price target for TSLA stock by 9% to $192. Cowen Inc. (NASDAQ: COWN) has named Aurora Cannabis Inc. (NYSE: ACB) its top pick in the marijuana sector. The investment bank cited strong growth potential for the legal cannabis market in Canada as a reason for its growing upside. Also, the bank foresees significant growth upside from the ever-increasing global medicinal demand. If you’re looking for another major trend that could push this stock and the booming slate of cannabis stocks higher… check out this shocking prediction about cannabis in 2020.
Stocks to Watch Today: AEO, XOM, JNJ
American Eagle Outfitters Inc. (NYSE: AEO) will lead another busy day of earnings reports on Wednesday. Investors expect the firm will report a jump in same-store sales. Analysts expect a boost from the firm’s Aerie brand of lingerie. However, Wall Street has real concerns about the firm’s forward guidance due to rising marketing costs and an uptick in employee pay.
CANNABIS UPDATE: Michigan just legalized adult-use marijuana. Three stocks to watch now.
- [By Ethan Ryder]
Cowen (NASDAQ:COWN) released its quarterly earnings data on Thursday. The financial services provider reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.17, Bloomberg Earnings reports. The firm had revenue of $259.90 million during the quarter, compared to the consensus estimate of $193.30 million. Cowen had a negative net margin of 4.32% and a positive return on equity of 7.61%. The firm’s revenue was up 27.1% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.30) earnings per share.
- [By Joseph Griffin]
ValuEngine cut shares of Cowen Inc Class A (NASDAQ:COWN) from a hold rating to a sell rating in a report published on Friday.
COWN has been the subject of a number of other reports. BidaskClub upgraded shares of Cowen Inc Class A from a sell rating to a hold rating in a research note on Saturday, April 7th. Sandler O’Neill started coverage on shares of Cowen Inc Class A in a research note on Friday, May 18th. They issued a buy rating and a $19.00 price objective for the company. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. Cowen Inc Class A presently has an average rating of Hold and an average price target of $17.67.
Best Small Cap Stocks To Own Right Now: Western Asset Municipal Partners Fund, Inc.(MNP)
Western Asset Municipal Partners Fund Inc. (the Fund), incorporated on November 24, 1992, is a diversified closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income, which is exempt from federal income taxes, consistent with the preservation of capital. As a secondary investment objective, the Fund seeks to enhance portfolio value by purchasing tax exempt securities that may appreciate in value relative to other similar obligations in the marketplace. The Fund invests primarily in investment-grade municipal bonds. Its portfolio also includes short-term investments. In July 2007, the Fund announced the completion of its merger with Western Asset Municipal Partners Fund II Inc.
Western Asset Municipal Partners Fund Inc. invests in sectors, such as education, hospitals, transportation, utilities, water and sewer, electric and pollution control. Legg Mason Partners Fund Advisor, LLC (LMPFA) is the Fund’s investment manager. Its sub-advisor is Western Asset Management Company (Western Asset). Both of these companies are subsidiaries of Legg Mason, Inc.
- [By Shane Hupp]
Fiera Capital Corp grew its holdings in shares of Western Asset Municipal Partners Fnd Inc (NYSE:MNP) by 46.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 196,895 shares of the financial services provider’s stock after purchasing an additional 62,761 shares during the quarter. Fiera Capital Corp’s holdings in Western Asset Municipal Partners Fnd were worth $2,780,000 at the end of the most recent quarter.
- [By Logan Wallace]
Media stories about Western Asset Municipal Partners Fnd (NYSE:MNP) have been trending positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Western Asset Municipal Partners Fnd earned a media sentiment score of 0.38 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 46.9266470312802 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Best Small Cap Stocks To Own Right Now: Midatech Pharma PLC(MTP)
Midatech Pharma PLC is an early-stage biopharmaceutical company that focuses on commercializing and developing products in oncology and other therapeutic areas. The Company’s segments include Pipeline Research and Development, and Commercial. The Pipeline Research and Development segment seeks to develop products using the nanomedicine and sustained release technology platforms. The Commercial segment distributes and sells the commercial products. Its products include Zuplenz, Gelclair, Oravig and Soltamox. Zuplenz is an oral soluble film indicated for moderately emetogenic chemotherapy-induced nausea and vomiting (CINV), radiotherapy-induced nausea and vomiting (RINV), and post-operative nausea and vomiting (PONV). Gelclair is a product indicated for the management and relief of pain due to oral mucositis. Oravig is an orally dissolving buccal tablet approved for oral thrush. Soltamox is an oral liquid solution of tamoxifen citrate for the prevention of breast cancer. Advisors’ Opinion:
- [By Money Morning News Team]
Midatech Pharma Plc. (NASDAQ: MTP) is a UK-based specialty pharmaceutical company that focuses on developing immunotherapy and oncology products.
It was founded in 2000 and has several drugs that are available for nausea, vomiting, pain relief, and more in its pipeline.
- [By Money Morning News Team]
For example, Midatech Pharma Plc. (NASDAQ: MTP) skyrocketed 584%, from $0.13 to $0.89 per share, on Feb. 26. This move followed news that it was finalizing a licensing agreement with a Chinese pharmaceutical company.
- [By Money Morning Staff Reports]
Just look at last week’s top gaining penny stock, Midatech Pharma Plc. (NASDAQ: MTP). On Feb. 26, Midpoint soared from $0.13 to $0.89 – a massive 584% gain.
- [By Shane Hupp]
Media stories about Midatech Pharma (NASDAQ:MTP) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Midatech Pharma earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.0428548550507 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.