Author: Multibagger News

By Carlos Carrillo HAVANA (Multibagger) – Cuban lab chemist Deisy Herrera was crushed when her two sons left the island in search of a better life. “Those were terrible times,” the 61-year old pharmaceutical worker said in tears during an interview at her home in Havana. “When you have kids, you never think they will leave. But we all know the situation here.” It is no secret that Cuba`s economic crisis has prompted a record-breaking exodus of its citizens – far exceeding similar mass migrations off the island, including the 1980 Mariel boatlift. But even within Cuba, population scientists debate…

Rocket Companies Inc. (RKT) Receives Price Target Increase to $20 by RBC Capital Markets – What Does This Mean for Investors? RBC Capital Markets has adjusted its outlook on Rocket Companies Inc. (NYSE: RKT), increasing the price target to $20.00 from the previous $16.00. The firm maintained its Sector Perform rating on the stock. The revision follows Rocket’s investor day presentations, which emphasized its expanding capacity and market share gains. Rocket’s management set ambitious goals for the company, aiming for a purchase origination market share of 8% and a refinance share of 20% by 2027. These targets mark a significant…

The Devastating Economic Impact of Ukraine’s Attack on Russia’s Kursk Region In a shocking turn of events, Ukraine launched a massive attack on Russia’s vital Kursk region, causing nearly $1 billion in economic damage. With over 150,000 people evacuated and significant losses in agriculture, the region is facing a crisis of unprecedented proportions. Kursk, known for its grain production, plays a vital role in Russia’s agriculture sector, contributing significantly to the country’s grain harvest. The attack has disrupted the harvesting process, leading to losses of billions of rubles and impacting the economy severely. Russian forces have retaliated with a counter-offensive…

Kremlin Criticizes U.S. Presidential Debate: Urges Candidates to Stop Using Putin as a Political Tool MOSCOW (Multibagger) – In a recent turn of events, the Kremlin has expressed its discontent over the frequent mentions of Vladimir Putin’s name during the U.S. presidential debate between Kamala Harris and Donald Trump. The Russian government has urged American politicians to refrain from dragging Putin into their domestic political skirmishes. Dmitry Peskov, the spokesperson for President Putin, made these remarks a week after Putin himself humorously noted his preference for Harris over Trump. This statement from Putin prompted a swift response from the White…

By Andy Sullivan As the world’s best investment manager and financial market journalist, I am here to break down the potential impact of a government shutdown on your finances and investments. The looming threat of a shutdown could disrupt U.S. government services and affect hundreds of thousands of federal workers if Congress fails to extend funding past Oct. 1. But what does this mean for you? What Happens During a Government Shutdown? If Congress fails to pass a spending bill before Oct. 1, various government agencies could face disruptions. Essential workers would remain on the job, but non-essential employees could…

Mexico’s Senate Approves Judicial Reform Amid Market Volatility – Analysis and Breakdown As the world’s best investment manager and financial market’s journalist, I bring you the latest news on Mexico’s Senate approving a controversial judicial reform. This move has triggered market volatility in Latin America’s second-largest economy, causing concern among investors and raising eyebrows in the United States and Canada. The reform, proposed by outgoing President Andres Manuel Lopez Obrador and supported by President-elect Claudia Sheinbaum, aims to overhaul the judicial system to better serve the public and combat organized crime. Key changes include the popular election of over 6,500…

Haemonetics (HAE) Stock Receives Neutral Rating from BofA Securities with $85 Price Target – Potential 15% Upside Expected BofA Securities recently initiated coverage on Haemonetics (NYSE: HAE) stock, a company specializing in plasma collection and vascular closure devices, with a Neutral rating and a price target set at $85.00. The firm’s analysis indicates a potential 15% upside from the current stock price, citing strong market growth trends that are anticipated to benefit the medical device maker. The firm highlights Haemonetics’ potential to improve its margins due to favorable market conditions. However, there is a cautious view regarding the margin expectations…

As a top investment manager and financial market journalist, I bring you the latest update on Hurricane Francine, which is currently threatening New Orleans and the wider Gulf Coast. This natural disaster has already shut down a quarter of oil and gas production in the Gulf, impacting the energy sector significantly. Louisiana Governor Jeff Landry has declared a state of emergency in anticipation of the storm, which is expected to make landfall just west of New Orleans. With torrential rainfall, damaging winds, and possible tornadoes on the horizon, the region is bracing for the impact of Hurricane Francine. U.S. President…

— Title: Lithium Stocks Surge as CATL Mulls Suspension of Key Chinese Mine: What It Means for Investors Investing.com – Shares in lithium-related stocks experienced a significant uptick on Wednesday following reports that Contemporary Amperex Technology (CATL), a leading Chinese electric vehicle battery manufacturer, is considering a suspension of operations at its large lepidolite mine in eastern China. CATL’s Potential Suspension: A Market Game-Changer In a report dated September 11, UBS analysts indicated that CATL’s potential suspension could reduce China’s monthly lithium carbonate equivalent (LCE) production by approximately 8%, translating to around 5,000-6,000 metric tons. "It’s not the first time…

By Pete Schroeder As the Federal Reserve proposes a 9% increase in big bank capital, analysts and executives are left to speculate on the impact amidst a looming presidential election. The Fed’s regulatory chief, Michael Barr, recently announced a shift from the initial 19% hike, signaling a potential victory for Wall Street banks. However, with key details still unclear and the election influencing regulatory outcomes, the future remains uncertain. The upcoming election could determine the fate of this proposal, with Democratic candidate Kamala Harris advocating for stricter bank regulations, while Republican candidate Donald Trump aims to reduce bureaucracy. The revised…