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Can these 13 retailers survive coronavirus? Permanent store closings, bankruptcies coming

Retailers that were already ailing before the coronavirus are beginning to crumble as the crisis raises the threat of store closings and bankruptcy.





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These U.S. cities are best positioned to bounce back from the coronavirus pandemic, according to Moody's

Moody’s Analytics analyzed U.S. metro areas capabilities for a strong recovery post-coronavirus using two primary factors: population density and educational attainment.





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7 Best Mutual Funds to Buy With Your Stimulus Check




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Coronavirus latest: Friday, May 8

Moderna CEO Stephane Bancel stated that the company’s new coronavirus vaccine, which was clear for a phase 2 trial on Thursday by the FDA, would not be ready for immediate release to the public and that the distribution of the potential vaccine would need to be handled carefully between Moderna and the White House. Yahoo Finance’s Anjalee Khemlani joins The Final Round panel to break down the latest news about the coronavirus.





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7 Best Cheap Stocks To Buy Or Sell

Stocks that trade under $5 per share are often referred to as penny stocks. Many penny stocks trade for literal pennies (or less) on the OTC market, but there are plenty of penny stocks that trade on major exchanges as well.The Nasdaq and NYSE require all stocks listed on their exchanges to maintain a minimum share price of $1 or risk being delisted. Most companies do not want their shares trading under , so there's a good chance the large majority of penny stocks have been through some tough times. But that doesn't mean there are no penny stock buying opportunities as well.Here are eight penny stocks to buy, hold and sell, according to Bank of America.Lloyds Banking Group PLC (NYSE: LYG) - Sell Lloyds Banking Group has a market cap of more than $100 billion and is one of the largest banks in the UK, but you wouldn't know it by its $1.50 stock price. Lloyds shares are down another 53% in the past year as the bank struggles to deal with historically low interest rates.Analyst Rohith Chandra-Rajan recently said Lloyds' first quarter numbers were bad across the board, but given income and credit quality pressures, things could get even worse in the second quarter. For now, Lloyds has adequate capital, but the company's revenue outlook will have to significantly improve before the stock is investable, Chandra-Rajan said.Bank of America has an Underperform rating and $1.28 price target for LYG stock.See Also: 11 Reasons Billionaire Investor Leon Cooperman Is Worried About Long-Term Impacts Of COVID-19Nokia Oyj (NYSE: NOK) - Buy Nokia is a telecom network infrastructure equipment supplier. The stock is down 29.3% in the past year, but analyst Tal Liani recently said the company's first-quarter numbers were solid.Looking ahead, Liani said 5G demand should ramp up in the second half of the year, and Nokia has significant opportunities to improve its margins and turn around its slumping business. In the first quarter, Networks gross margins were up 3.5% from a year ago to above 30%. Liani said Nokia is far from a growth story given sales will likely be down 3.4% in 2020, but the stock has self-help upside potential.Bank of America has a Buy rating and $4.80 price target for NOK stock.Ford Motor Company (NYSE: F) - Buy Ford shares have spent most of the last six weeks trading right around $5. The global auto industry has been decimated by the coronavirus outbreak.Ford reported a $2 billion first-quarter loss and guided for another $5 billion loss in the second quarter. However, analyst John Murphy said Ford has done a good job in shoring up its balance sheet by drawing $15.4 billion on its revolving credit facility and raising $8 billion via an unsecured senior notes offering. Murphy said Ford will likely emerge from the economic downturn a stronger company, and the economic pressures have likely hastened Ford's restructuring and cost-cutting efforts.Bank of America has a Buy rating and $7 price target for F stock.Nio Inc - ADR (NYSE: NIO) - Buy After a brutal 2019, shares of Chinese electric vehicle maker Nio have gained 81.6% so far in 2020 but remain priced under $4. Analyst Ming Hsun Lee recently upgraded Nio.In the midst of a brutal global auto market, Nio reported 3,155 deliveries in April, up 181% from a year ago and 106% from March. Lee said Nios recent fundraising has reduced cash burn fears and sales growth should help boost margins over time. Lee also said the recently announced EV purchase subsidy scheme demonstrates that the Chinese government intends to help support the company.Bank of America has a Buy rating and $5 price target for Nio stock.Southwestern Energy Company (NYSE: SWN) - Sell Southwestern Energy is one of the largest natural gas producers in the U.S. The oil market has been devastated by the economic shutdown, but natural gas prices have actually been relatively stable year-to-date. Still, analyst Doug Leggate recently said core Marcellus inventory depth is a concern for the company.Southwestern could also be at risk of exceeding its net leverage requirements under its 2018 debt covenants. Shares are up 80% in the past three months on the expectation that less U.S. oil production will limit associated gas supply, but Leggate said the impact may be smaller than investors realize.Bank of America has an Underperform rating and $1.85 price target for SWN stock.Transocean LTD (NYSE: RIG) - Sell Transocean is one of the world's largest offshore oil drilling contractors. Transocean has been one of the worst investments in the market over the past decade, and shares are down 98% overall during that period. Unfortunately, analyst Mike Sabella recently said there seems to be no end in sight for Transocean's troubles.Sabella said there is essentially no demand for offshore drilling, and a severe lack of capital will likely force cold stacking and scrapping of existing rigs. Leverage and free cash flow problems will likely continue to plague the company for years to come.Bank of America has an Underperform rating and $1 price target for RIG stock.See Also: 7 Best-Performing Stocks Of 2020: Buy, Sell Or Hold?J C Penney Company Inc (NYSE: JCP) - Sell Twenty years ago, it would have seemed inconceivable that JC Penney shares would be trading at 18 cents. Yet here we are. Less than two years after Sears was delisted, JC Penney is a true penney stock and appears to be headed down the same path.Even prior to the coronavirus outbreak, same-store sales dropped 7% in the fourth quarter and the company guided for up to a 4.5% drop in 2020. Analyst Lorraine Hutchinson recently said JC Penney simply can't seem to stop the bleeding, and the stock is untouchable unless the company somehow finds a way for its business to make a 180-degree turn fast.Bank of America has an Underperform rating and 20-cent price target for JCP stock.Photo credit: Miosotis Jade, via Wikimedia CommonsLatest Ratings for F DateFirmActionFromTo Apr 2020Goldman SachsInitiates Coverage OnNeutral Mar 2020Morgan StanleyMaintainsOverweight Mar 2020CitigroupMaintainsNeutral View More Analyst Ratings for F View the Latest Analyst Ratings See more from Benzinga * How Trading In Ford, GE And Other Volatile Stocks Could Be Linked To Casino Closures * Hedge Fund Manager Makes Bold Tesla Prediction Ahead Of Earnings * Ford Analysts React To Earnings: 'Potential Liquidity Crunch Looming'(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.





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Investor James Richman Bets GE Stock Is Set to Experience Almost 100% Rally

General Electric (GE) shares have been on the decline as of late. As a result, many investors have been understandably worried. Such sentiments have placed the American manufacturing giant on the market spotlight, and begs the question: is it still worth investing in at current levels? Traversing turbulent market conditions, the outlook seems bleak for the 128-year-old conglomerate. Is there no way up for the aviation unit of General Electric? What about its other subsidiaries? Investor James Richman bets GE is likely to touch down $5-level. From there, the tech investor is bullish that the price will double in value and hit $10 again.Source: Flickr GE: a legacy of over 120 yearsAmid the impact of coronavirus specifically in both travel and hospitality industries, GE's esteemed aviation unit has been feeling the most pressure. The demand for airplanes has shrunk tremendously forcing the company's management to schedule a 25% workforce reduction globally. This is in consonance to the 10% layoff in its US workforce which was announced in March. These difficult cost-cutting measures are deemed necessary by David Joyce, CEO of the GE Aviation Unit that employs a workforce of around 52,000 people.Significant drops since coronavirusGE Aviation supplies jet engines to giant aircraft makers like Airbus and Boeing. The projection of Boeing, a 10% workforce drop amidst its $641m loss, certainly adds up to GE's current woes.  Investor betting on the company bouncing backHowever, one investor who is known to take a different outlook is Latvian-born investor James Richman. With investments in both public and private companies, and his most notable investments including tech giants such as Uber, Tesla, and Facebook, his approach is understood to be contrarian. Yahoo! Finance reports he is taking the opposite approach when compared to Warren Buffet as Richman bets GE's price to temporarily touch upon $5-level. From that level, it is projected to climb its way back to $10, making the 100% rally. The Monaco-based investor has also made headlines when he reportedly pledged $18m in the fight against coronavirus as he mobilizes his biomedical investments in the said efforts. Richman has been historically known to take the contrarian approach in investing. With investments that seemed unorthodox at one point, he has earned respect in the finance field because of his firm's outstanding performance during the 2008 financial crisis. Not open to the general public and mainly dealing with ultra high net worth individuals (UHNWI) and institutional investors, his clients have reported impressive annual earnings for over a decade.Comparison to the last financial crisisIt is not the first time GE had felt the backlash of market recessions. In 2008, the company's shares dropped by 78% tracing the period of the global recession. In 2 years, GE's shares dropped from $27 to $6. The broader S&P also fell that time, but with a conservative 51%.Still worth buying at current levels?GE recovered from the 2008 recession with tremendous momentum. After being bailed out by the federal government to the tune of $139 billion, it experienced an 82% uptick between March 2009 and January 2010. This is more than the 48% bounce back the S&P managed over the same period. Generally, the performance of its stock will still hinge on the developments in the handling of coronavirus pandemic, considering that the aviation division of the company is being hammered as a result. Efforts of which have been showing positive signs of recovery. Meanwhile, the demand for healthcare, government interventions, and the continuous development of treatments and vaccines is seen to help push the shares towards upwards direction in the long run: provided that its wings can weather the storm like it did in 2008.  More recent articles from Smarter Analyst: * RBC: 2 Strong Value Stocks to Buy Now * Look Beyond 2Q, General Motors Will Outperform the Sector, Says Analyst * Coronavirus Vaccine Could Add Massive Value to This Small-Cap Stock, Says Analyst * Can Seanergy Maritime Stock Add 150% Over the Next Year? This Analyst Says 'Yes'





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U.S. to allow states to distribute Gilead's remdesivir to fight COVID-19




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Trump doubles down on capital gains, payroll tax cuts to stimulate economy




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New GitHub Features Help Find Vulnerabilities and Secrets in Code

GitHub on Wednesday announced two new security features designed to help developers identify vulnerabilities and potential secrets in their code.

The company announced several new products at its Satellite virtual conference, including ones aimed at helping customers write and consume more secure code.

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Nearly 1 Million WordPress Sites Targeted via Old Vulnerabilities

A large-scale attack campaign has targeted over 900,000 WordPress websites through vulnerabilities in plugins and themes, WordPress security company Defiant revealed this week.

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Zoom Acquires Keybase to Bring End-to-End Encryption to Video Platform

Popular communications platform provider Zoom Video announced on Thursday that it has acquired secure messaging and file-sharing service Keybase for an undisclosed sum. The move is the latest by the company as it attempts to bolster the security of its offerings and build in end-to-end encryption that can scale to the company’s massive user base.

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Chinese Naikon APT Rediscovered After New Five-year Stealth Campaign

Naikon, a Chinese APT group that disappeared after its activities were disclosed in 2015, has been rediscovered and may have remained active but unrecognized since the 2015 reports. Researchers have uncovered evidence of a five-year stealth campaign against similar targets in the same geographical area that they believe to be conducted by Naikon.

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Recorded Future Releases Free Threat Intelligence Browser Extension

Recorded Future this week announced the availability of Express, a free web browser extension designed to help security teams prioritize vulnerability patching and alerts from security information and event management (SIEM) tools.

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Search Company Algolia Hacked via Recent Salt Vulnerabilities

A couple of Salt vulnerabilities addressed last week were abused over the weekend to hack Algolia’s infrastructure, the search-as-a-service startup revealed.

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Critical Flaw in CODESYS Industrial Controller Software Allows Code Execution

Cisco’s Talos threat intelligence and research group revealed on Wednesday that one of its researchers discovered a critical remote code execution vulnerability in the CODESYS Control SoftPLC industrial controller software.

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Cisco Patches High Severity Vulnerabilities in Security Products

Cisco Patches High Severity Vulnerabilities in Adaptive Security Appliance (ASA) and Firepower Threat Defense (FTD)

Cisco this week released security updates to address more than 30 vulnerabilities in various products, including 12 high severity flaws impacting Adaptive Security Appliance (ASA) and Firepower Threat Defense (FTD).

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Samsung Patches Critical 0-Click Vulnerability in Smartphones

Samsung this week released its May 2020 set of security updates for Android smartphones, which includes a patch for a critical vulnerability impacting all of its devices since 2014. 

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Zoom Agrees to Step Up Security After New York Probe

New York state's top prosecutor on Thursday announced that the company Zoom would improve security measures, after flaws were detected as the video conferencing platform soared in popularity amid the coronavirus pandemic.

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Microsoft Investigating GitHub Account Hacking Claims

Microsoft says it’s investigating claims that its GitHub account has been hacked, and while some say the leaked files appear to be legitimate, it’s unlikely that they contain any sensitive information.

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Elementor Plugin Vulnerabilities Exploited to Hack WordPress Sites

Threat actors are actively targeting a vulnerability in the Elementor Pro plugin for WordPress to compromise websites, WordPress security company Defiant warned this week.

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Google Authenticator Users Can Now Transfer 2SV Secrets Between Devices

Google this week announced that Google Authenticator users can now transfer 2-Step Verification (2SV) secrets between devices.

The new feature is meant to make it easier for users to manage their Google Authenticator 2SV codes across multiple devices.

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  • NEWS & INDUSTRY
  • Identity & Access

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Healthcare, Government Organizations Targeted in BEC Attacks With COVID-19 Lures

Nigerian cybercriminals specialized in business email compromise (BEC) attacks were observed leveraging COVID-19 lures in recent attacks on healthcare and government organizations, Palo Alto Networks reveals.

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Cloud Security Company Ermetic Emerges From Stealth Mode

Cloud security company Ermetic emerged from stealth mode this week with a platform that automates detection and remediation of identity and access-based risks.

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  • NEWS & INDUSTRY
  • Identity & Access
  • Cloud Security
  • Management & Strategy

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Step by step guide on how to grow microgreens with pictures

Microgreens are everywhere these days. You see them in the toppings, in the garnishes and hey also in your friend’s Instagram page.   So what is so great about microgreens that makes everyone go gaga over it? The answer is very simple. More nutrition at fraction of a time! Needs very small space to grow […]




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Triton Awarded Key US Patent Broadly Protecting its Fiber Reinforced Aluminum FRA Composites

Underpins company plan to expand commercialization and definitive manufacturing relationships




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Los Angeles-Based American Eagle Auto Body Wins Coveted Spectrum Award For Customer Service Excellence

American Eagle Auto Body, a Los Angeles-based auto shop, is the winner of the City Beat News Spectrum Award for Excellence in Customer Service.




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Seminole PowerSports Located In Sanford, Florida Announces Generators For Sale

Generators for sale in preparation for Hurricane Matthew




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How Biker Next Website is the Best New Place for Meeting Bikers Online

Biker Next is Dating VIP's latest club that seeks to bring together everyone who's interested in biking - feel the wind and the open road with your partner!




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Carl Reese Attempting 24-Hour Guinness World Record on Motorcycle

Extreme endurance motorcycle rider to attempt 9th world record, "Greatest Distance on a Motorcycle in 24 Hours (Individual)" this weekend in Uvalde, Texas. Follow live at www.carlreese.net starting on February 24, 2017.




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BeepUAE, A Promising, Instant Cash Car Buying Service Launches in Dubai

BeepUAE guarantees to finalize all of their car buying deals in just 30 minutes while paying the seller with instant cash at the rendezvous.




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Hayes Law Releases Custom Infographic Illustrating the 5 Steps to Take After an Auto Accident

Visual content demonstrates the best way to protect an accident injury case




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RIDE Adventures Announces Addition of the "RIDE the 3 Corners" Trip to Argentina, Chile, and Bolivia

Motorcycle enthusiasts can now experience another bucket-list journey of a lifetime.




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RIDE Adventures Reminds Motorcyclists of the Upcoming Prime European Riding Season and the 2017 Motorrad Days in Germany

Motorcycle enthusiasts are encouraged to take advantage of the European riding season and attend the world's largest BMW motorcycle party.




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Better Business Bureau Recognizes Terry Bryant Accident & Injury Law with Winner of Distinction Award

This marks the 3rd consecutive award the Houston personal injury firm has received for the quality of service it offers clients.




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Firefighter's Multi-Function Safety Invention, The EMERGI-SAFE 5-in-1 Emergency Flashlight Launches on Kickstarter

A firefighter with over 20 years' experience launched a safety tool on crowd-funding site Kickstarter that can literally be a lifesaver for First Responders and Civilians alike!




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Kentucky Attorney Urges Caution During 100 Deadly Days

Billy Johnson of the Billy Johnson Law Firm in Pikeville, Ky., says highways are especially dangerous during summer months.




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WeeTect Applies Its Super Abrasion Resistant Helmet Visor Technology to Other Products

WeeTect, a global leader in designing and manufacturing abrasion resistant helmet visors, today announced that it has started using this technology on other eye and face protection products.




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WeeTect Designed Photochromic and Hydrophobic Visor Insert That Remove Glaring and Water on Helmet Visor

WeeTect announces its new generation of photochromic visor inserts.




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Pikeville Attorney Urges Drivers to Focus on Eliminating Distraction During the Season

Billy Johnson, a personal injury attorney in Pikeville, KY, said that a greater awareness of the threats facing motorists could reduce the number of vehicle crashes.




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MO Doesn't Have to Be Last in Safety Rankings, Said Columbia Injury Attorney

Columbia attorney Mark Evans encourages drivers and lawmakers alike to improve Missouri's poor record on road safety.




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Austin Injury Attorney Chip Evans Announces Launch of New Website

Chip Evans said that the innovative design was focused on usability and improved client interaction.




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Fort Worth Car Storage Launches New Website

CS Publications Creates SEO-Friendly Car Storage Site




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Riding Wild: New Mobile App Takes The Road Less Traveled

BurnsOffroad, a free app available in the AppStore and Google Play, is a must-have for those who love riding ATVs, SSVs, 4x4s, and other off-road vehicles.




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Peninsula General Insurance New Website Offers Instant Quote and Buy Online Capabilities

The Online Shopping Experience at www.peninsulageneral.com is Fast and Provides Customers with More Choices




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Car Storage Space in Fort Worth: 5 Questions Every Collector Car Owner Should Ask Before Leasing

Collector Car Storage




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Peninsula General Insurance Launches Powerful New Auto Insurance Quote System

New system will offer faster service and even more attractive auto insurance quotes to residents of California.




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Garages of Texas Appears on Good Morning Texas

Co-Founders discuss the execution of their vision and exciting future plans




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Italian Car Collector, Luca Caputo Commissions Beverly Hills Designer, Victoria Napolitano to Bring Glamour to His Palace

The American fashion designer Victoria Napolitano will collaborate with Luca Caputo, a talented Italian with a passion for restoring classic cars and motorbikes.




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Mistakes People Make in Buying Cars By Car Loans Of America

Buying a new car is essential to everyone and is one of the most significant investments!




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Peninsula General Insurance Uses Improved Google Images Algorithm to Revamp Website

Peninsula General's website continues to offer a fast, online auto insurance quote system that was released in early September 2018.