• Sanitation Districts Launch COVID-19 Rebate Program
    PR Newswire

    Sanitation Districts Launch COVID-19 Rebate Program

    The Los Angeles County Sanitation Districts have created a rebate program to aid businesses whose sewer usage was reduced due to the COVID-19 stay-at-home orders. This program provides a way for businesses with reduced or no water use as a result of the pandemic to potentially receive a reduction in their wastewater service charge.

  • Pomerantz Law Firm Announces the Filing of a Class Action against Chembio Diagnostics, Inc.  and Certain Officers - CEMI
    PR Newswire

    Pomerantz Law Firm Announces the Filing of a Class Action against Chembio Diagnostics, Inc. and Certain Officers - CEMI

    Pomerantz LLP announces that a class action lawsuit has been filed against Chembio Diagnostics, Inc. ("Chembio" or the "Company") (NASDAQ: CEMI) and certain of its officers. The class action, filed in United States District Court for the Eastern District of New York, and indexed under 20-cv-02961, is on behalf of a class consisting of all persons and entities other than Defendants who purchased or otherwise acquired Chembio securities between April 1, 2020, and June 16, 2020, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

  • Business Wire

    CORRECTING and REPLACING sweetgreen Launches $5 Greens Day

    Subhead of release should read: For the first time, the fast casual restaurant is offering best-selling items for $5 (instead of For the first time, the fast casual restaurant is offering best-selling items for $5, tomorrow only). Additionally, first paragraph, first sentence of release should read: available in stores and online on Wednesday, July 8th (instead of available in stores and online tomorrow).

  • Fox Business

    Harvard hit with backlash for charging full tuition despite online instruction

    Harvard University is facing backlash on Twitter for keeping its annual tuition prices of $49,653 per year despite the Ivy League institution's decision to continue with online coursework for the 2020-2021 academic year amid the coronavirus pandemic.

  • CNW Group

    TSX Venture Exchange Stock Maintenance Bulletins

    TSX Venture Exchange Stock Maintenance Bulletins

  • COVID-19 Impact & Recovery Analysis- Closed-Circuit Television (CCTV) Camera Market 2019-2023 | Growing Demand for IP-Based CCTV Cameras to Boost Growth | Technavio
    Business Wire

    COVID-19 Impact & Recovery Analysis- Closed-Circuit Television (CCTV) Camera Market 2019-2023 | Growing Demand for IP-Based CCTV Cameras to Boost Growth | Technavio

    The Global Closed-circuit Television (CCTV) Camera Market will grow by USD 8.65 bn during 2019-2023

  • Bloomberg

    Trump’s Waikiki Partner, DeVos-Tied Firm Among PPP Borrowers

    (Bloomberg) -- Companies associated with President Donald Trump and members of his administration were among recipients of small-business Covid loans, newly released data show.Irongate Azrep Bw LLC, Trump’s business partner in a hotel and residential tower in Waikiki, Hawaii, received a loan from the Paycheck Protection Program in the range of $2 million to $5 million, according to the data released on Monday, which shows loan ranges. Calls to Trump Waikiki weren’t returned.Trump International Hotel & Tower at Waikiki isn’t owned by Trump or his company, according to its website. Irongate uses the Trump name under license from Trump Marks Waikiki LLC, which is owned by Trump.Companies controlled by Trump, heads of his departments and their families were barred from receiving bailout money from some programs authorized by the CARES Act, which created coronavirus relief facilities earlier this year. But Congress exempted the PPP from those provisions.Also, in administering the program, the Small Business Administration waived ethics rules that otherwise would have required certain officials to seek approval from the agency’s Standards of Conduct Committee if they sought aid for a company in which they or a “household member” were an owner, officer, director or shareholder with at least a 10% stake.DeVos, PerdueCompanies that appear to match those associated with two Trump cabinet officials also received PPP loans. A company with a name matching one listed on the 2017 financial disclosure of Education Secretary Betsy DeVos received at least $6 million, the data show. The loans were made to Renaissance Acquisition Company LLC, which operates Indianapolis-based RenPSG, a provider of services to nonprofits.A spokesman for the Education Department declined to comment about DeVos’s finances. RenPSG didn’t respond to a request for comment.Perdue Inc., a Bonaire, Georgia-based trucking company founded by Agriculture Secretary Sonny Perdue, received a PPP loan of between $150,000 and $350,000. When Perdue joined the government in 2017, he disclosed $598,591 of passive ownership income from the company. That year, he signed a government ethics agreement in which he resigned from business roles and restructured family trusts. An Agriculture Department spokeswoman didn’t respond to a request for comment.The law firm of one of Trump’s top lawyers, Marc Kasowitz, also appears to have received a PPP loan, according to the SBA data. Kasowitz Benson Torres LLP received between $5 million and $10 million to retain 402 jobs, the data show.Kasowitz represented Trump before he became president in a wide range of lawsuits over a period of 15 years, according to the firm’s website. In 2017, after Special Counsel Robert Mueller was appointed to investigate Russian attempts to interfere with the election, Kasowitz helped coordinate the president’s first responses to the probe. Kasowitz didn’t immediately respond to email and phone requests for comment.Forgivable loans financed by the federal government also benefited a media company run by Trump’s longtime friend David Pecker. American Media, the publisher of the National Enquirer, received a loan in April from Bank of America Corp. of between $2 million and $5 million, records show.American Media is owned by Chatham Asset Management, a New Jersey-based hedge fund that oversees about $4 billion. Hedge funds are prohibited from receiving PPP loans, but businesses they own are eligible for the funds.“American Media made the decision to apply for PPP support in an effort to secure jobs that might have been lost as we and other publishers continue to navigate the current economic climate created by the Covid-19 pandemic,” Jon Hammond, a spokesman for the company, said. A spokesman for Chatham declined to comment.(Adds Kasowitz and American Media loans starting in 9th paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • GlobeNewswire

    The Global Bio-Fertilizers Market is expected to grow from USD 3,132.40 Million in 2019 to USD 5,398.31 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 9.49%

    New York, July 06, 2020 -- Reportlinker.com announces the release of the report "Bio-Fertilizers Market Research Report by Form, by Microorganism, by Technology, by Type, by.

  • Were Hedge Funds Right About Souring On L3Harris Technologies, Inc. (LHX)?
    Insider Monkey

    Were Hedge Funds Right About Souring On L3Harris Technologies, Inc. (LHX)?

    We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]

  • Were Hedge Funds Right About Willis Towers Watson (WLTW)?
    Insider Monkey

    Were Hedge Funds Right About Willis Towers Watson (WLTW)?

    At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]

  • Film News in Brief: Military Thriller ‘The Outpost’ Leads iTunes on Opening Day
    Variety

    Film News in Brief: Military Thriller ‘The Outpost’ Leads iTunes on Opening Day

    MONDAY, JULY 6 'The Outpost' Scores Solid Opening Day Numbers  Military thriller "The Outpost," starring Orlando Bloom and Scott Eastwood and released by Screen Media, was the top performer on iTunes on July 3, its opening day. "The Outpost" is based on Jake Tapper’s best-selling non-fiction book, "The Outpost: An Untold Story of American Valor." […]

  • Dow Jones Futures: Apple, Amazon, Tesla, Microsoft Lead Coronavirus Stock Market Rally; Alibaba, Dexcom, Chipotle Break Out
    Investor's Business Daily

    Dow Jones Futures: Apple, Amazon, Tesla, Microsoft Lead Coronavirus Stock Market Rally; Alibaba, Dexcom, Chipotle Break Out

    Futures: Fireworks continued on Wall Street, as Leaderboard stocks Apple, Amazon, Microsoft and Tesla led the Nasdaq to a new high. Three other Leaderboard stocks broke out.

  • Were Hedge Funds Right About Selling Monster Beverage Corp (MNST)?
    Insider Monkey

    Were Hedge Funds Right About Selling Monster Beverage Corp (MNST)?

    How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]

  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Sorrento Therapeutics, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 27, 2020 - SRNE
    Newsfile

    SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Sorrento Therapeutics, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 27, 2020 - SRNE

    New York, New York--(Newsfile Corp. - July 6, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Sorrento Therapeutics, Inc. ("Sorrento") (NASDAQ: SRNE) between May 15, 2020 and May 22, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Southern District of California. To get ...

  • Were Hedge Funds Right About Ditching HP Inc. (HPQ)?
    Insider Monkey

    Were Hedge Funds Right About Ditching HP Inc. (HPQ)?

    Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]

  • Were Hedge Funds Right About Ditching Automatic Data Processing, Inc. (ADP)?
    Insider Monkey

    Were Hedge Funds Right About Ditching Automatic Data Processing, Inc. (ADP)?

    The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]

  • Were Hedge Funds Right About Piling Into Shopify Inc (SHOP)?
    Insider Monkey

    Were Hedge Funds Right About Piling Into Shopify Inc (SHOP)?

    How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]

  • Were Hedge Funds Right About Checking Out Of Hilton Worldwide Holdings Inc (HLT)?
    Insider Monkey

    Were Hedge Funds Right About Checking Out Of Hilton Worldwide Holdings Inc (HLT)?

    At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]

  • Asia Stocks Trade Mixed; Dollar Edges Lower: Markets Wrap
    Bloomberg

    Asia Stocks Trade Mixed; Dollar Edges Lower: Markets Wrap

    (Bloomberg) -- Asian stocks were mixed Tuesday after strong global gains Monday that saw U.S. shares close higher for a fifth day. The dollar remained under pressure.Shares slipped in Japan and saw modest gains in South Korea and Australia. S&P 500 futures edged higher after the benchmark rallied for a fifth session, with tech gains pushing the Nasdaq Composite to a record high. Amazon.com Inc. shares rose past $3,000 for the first time, while Tesla Inc. extended a five-day rally to more than 40%. Treasuries were little changed. The dollar traded at its weakest since June 10.Investors began the week in an upbeat mood, shrugging off concerns about coronavirus infections sweeping across parts of the U.S. A surge in Chinese shares Monday helped push global stocks to their highest since early June, with investors putting their faith in an economic recovery powered by historic government stimulus and readying for the upcoming earnings season.China Stokes a Stock-Market Mania, Risking Repeat of 2015 Bubble“Investors have recognized that as bad as the economy in the U.S. is, it’s not as bad as what people thought it would look like in March and April,” said Nancy Prial, the co-chief executive officer at Essex Investment Management. “The market has started to sense we might see better than anticipated results fairly broadly across a wide spread of companies.”Elsewhere, oil held below $41 as rising coronavirus infections raised concerns of extended lockdowns that would damp demand. Gold was little changed.Here are some key events coming up:The EIA crude oil inventory report comes Wednesday.All eyes will be on the U.S. weekly jobless claims report on Thursday.Singapore holds its general election on Friday.Rate decisions in Australia and Malaysia Tuesday.These are the main moves in markets:StocksS&P 500 futures rose 0.1%. The S&P 500 Index increased 1.6% Monday.Japan’s Topix Index fell 0.3%.Kospi Index rose 0.6%.S&P/ASX 200 climbed 0.7%.CurrenciesThe Bloomberg Dollar Spot Index declined 0.1%.The euro rose 0.1% to $1.1316.The British pound was up 0.1% at $1.2500.The Japanese yen was little changed at 107.33 per dollar.BondsThe yield on 10-year Treasuries was little changed at 0.68%.CommoditiesWest Texas Intermediate crude rose 0.2% to $40.71 a barrel.Gold was little changed at $1,785 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Were Hedge Funds Right About Quitting Altria Group Inc (MO)?
    Insider Monkey

    Were Hedge Funds Right About Quitting Altria Group Inc (MO)?

    We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]

  • Were Hedge Funds Right About DaVita Inc (DVA)?
    Insider Monkey

    Were Hedge Funds Right About DaVita Inc (DVA)?

    At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]

  • Were Hedge Funds Right About Selling TD Ameritrade Holding Corp. (AMTD)?
    Insider Monkey

    Were Hedge Funds Right About Selling TD Ameritrade Holding Corp. (AMTD)?

    At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]

  • Reuters

    In sign of the times, Ayn Rand Institute approved for PPP loan

    The institute promoting the “laissez-faire capitalism” of writer Ayn Rand, who in the novels “Atlas Shrugged” and “The Fountainhead” introduced her philosophy of “objectivism” to millions of readers, was approved for a Paycheck Protection Program (PPP) loan of up to $1 million, according to data released Monday by the Trump administration. The Ayn Rand Institute: The Center for the Advancement of Objectivism in Santa Ana, California, sought to preserve 35 jobs with the PPP funding, according to the data. The institute advocates the Russian-American writer’s philosophy and “applies its principles to many issues and events, including ones Rand herself never discussed,” according to its website.

  • Fox Business

    When will NCAA athletes get paid?

    The NCAA has voiced its approval for allowing players to be compensated for their name, image and likeness.

  • Austin Engineering's (ASX:ANG) Stock Price Has Reduced77% In The Past Five Years
    Simply Wall St.

    Austin Engineering's (ASX:ANG) Stock Price Has Reduced77% In The Past Five Years

    Statistically speaking, long term investing is a profitable endeavour. But no-one is immune from buying too high. For...

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