The stock prices of Chinas big internet companies fell Friday after the countrys legislative body adopted a new, strict privacy law to come into force on November 1.
Alibaba shares were down 2.6%, with Tencent Music falling 3% before recovering later in the day. Hong Kongs Hang Seng Index fell 1.8% and the CSI 300 composite of Chinese blue chips dropped 2%.
A report by the official Xinhua News Agency said that the law was voted by the National Peoples Congress and promulgated immediately by president Xi Jinping.
Its passage marks another step in the Chinese government and regulators crackdown on the countrys biggest internet companies, tightening the regulation of cyberspace and strengthening compliance requirements, to better protect user privacy.
Chinese authorities in early July announced a cybersecurity probe of Didi, the ride-hailing app, just three days after the company started listing on the New York Stock Exchange. The stock price is down 49% since then.
Top Blue Chip Stocks To Buy For 2022: Weber Inc.(WEBR)
Weber Inc., an outdoor cooking company, manufactures and distributes outdoor cooking products, accessories, consumables, and services in North America, Europe, Australia, and internationally. Its products include charcoal and gas grills, smokers, pellet and electric grills, and Weber Connect technology-enabled grills; and accessories, consumables, and services. The company sells its products through omni-channel network comprising wholesale, direct-to-consumer, and e-commerce channels. Weber Inc. was founded in 1952 and is headquartered in Palatine, Illinois.
- [By ]
Last year, the pandemic kicked off a bull market in the great outdoors. And with this year's Labor Day looking a lot like last year's, Cramer said the trend is likely to continue. But unlike last year, where there was no pure-play way to invest in backyard grilling, this year, we have two. Cramer looked at both Traeger COOK and Weber (WEBR) – Get Report to see which one deserves a spot in your portfolio.
Top Blue Chip Stocks To Buy For 2022: TerraForm Power, Inc.(TERP)
TerraForm Power, Inc. (“TerraForm Power”) and its subsidiaries (the “Company”) is a dividend growth-oriented company formed to own and operate contracted clean power generation assets. The Company’s business objective is to acquire assets with high-quality contracted cash flows, primarily from owning clean power generation assets serving utility, commercial and residential customers. The Company’s portfolio consists of renewable energy facilities located in the United States, Canada, the United Kingdom, and Chile with a combined nameplate capacity of 2,986.9 MW as of October 31, 2016.
TerraForm Power is a holding company and its sole asset is an equity interest in TerraForm Power, LLC, or “Terra LLC.” TerraForm Power is the managing member of Terra LLC, and operates, controls and consolidates the business affairs of Terra LLC. Unless otherwise indicated or otherwise required by the context, references to “we,” “our,” “us,” or the “Company” refer to TerraForm Power, Inc. Advisors’ Opinion:
- [By Jason Hall]
Learn more about the pros and cons of Brookfield Renewable(NYSE:BEP), TerraForm Power(NASDAQ:TERP), NextEra Energy Partners(NYSE:NEP), and Pattern Energy(NASDAQ:PEGI), and which one looks most attractive right now. Plus, the hosts talk about the future of Boeing (NYSE:BA)as an investment, and what effect the 737 tragedies will have on the company’s long-term picture.
- [By Matthew DiLallo]
TerraForm Power (NASDAQ:TERP) has been working hard for the past year to shore up its financial profile so that it can create value for investors. The renewable energy generating company made excellent progress on those efforts last year, powered in part by a needle-moving acquisition of a wind and solar platform in Western Europe.
Top Blue Chip Stocks To Buy For 2022: Collectors Universe, Inc.(CLCT)
We provide authentication and grading services to dealers and collectors of coins, trading cards, event tickets, autographs and historical and sports memorabilia (“collectibles”). We believe that our authentication and grading services add value to these collectibles by enhancing their marketability and thereby providing increased liquidity to the dealers, collectors and consumers that own and buy and sell them.
Once we have authenticated and assigned a quality grade to a collectible, we encapsulate it in a tamper-evident, clear plastic holder, or issue a certificate of authenticity, that (i) identifies the specific collectible; (ii) sets forth the quality grade we have assigned to it; and (iii) bears one of our brand names and logos: “PCGS” for coins, “PSA” for trading cards and event tickets and “PSA/DNA” for autographs and memorabilia. Advisors’ Opinion:
- [By Max Byerly]
Media headlines about Collectors Universe (NASDAQ:CLCT) have been trending somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Collectors Universe earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 46.6176420788428 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Top Blue Chip Stocks To Buy For 2022: Calumet Specialty Products Partners L.P.(CLMT)
Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America. It operates in two segments, Specialty Products and Fuel Products. The Specialty Products segment processes crude oil and other feedstocks into various customized lubricating oils, white mineral oils, solvents, petrolatums, gelled hydrocarbons, cable fillers, natural petroleum sulfonates, waxes, and compressor lubricants. Its products are used in applications in a range of industries, such as industrial goods, including metal working fluids, belts, hoses, sealing systems, batteries, hot melt adhesives, pressure sensitive tapes, electrical transformers, refrigeration compressors, and drilling fluids; consumer goods, including candles, petroleum jelly, creams, tonics, lotions, coating on paper cups, chewing gum base, automotive aftermarket car-care products, lamp oils, charcoal lighter fluids, camping fuel, and various aerosol products; and automotive goods, such as motor oils, greases, transmission fluid, and tires. The Fuel Products segment processes crude oil into various fuel and fuel-related products, such as gasoline, diesel, jet fuel, and heavy fuel oils. This segment also offers fuel-related products, including fluid catalytic cracking feedstock, asphalt vacuum residuals, and mixed butanes. Calumet GP, LLC serves as the general partner for Calumet Specialty Products Partners, L.P. The company was founded in 1916 and is headquartered in Indianapolis, Indiana.
- [By Stephan Byrd]
Shares of Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) reached a new 52-week low during trading on Wednesday . The stock traded as low as $6.04 and last traded at $6.14, with a volume of 5578 shares changing hands. The stock had previously closed at $6.23.
- [By Max Byerly]
Get a free copy of the Zacks research report on Calumet Specialty Products Partners, L.P (CLMT)
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- [By Tyler Crowe]
Whenever a company is in the midst of a multiyear turnaround plan like Calumet Specialty Products Partners (NASDAQ:CLMT), some quarters are going to show more progress than others. This past quarter was one of those less noticeable quarters as many of the moves it made were a detriment to the bottom line. Nevertheless, there were some reasons investors should be satisfied with what Calumet did in the quarter.
Top Blue Chip Stocks To Buy For 2022: HomeTrust Bancshares, Inc.(HTBI)
HomeTrust Bancshares, Inc. operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products. Its deposit products consist of savings, money market, demand accounts, and certificates of deposit for individuals, businesses, and nonprofit organizations. The companys loan portfolio comprises retail consumer loans, such as one-to-four-family real estate lending, home equity lines of credit, construction and land/lots, indirect auto finance, and consumer lending, as well as commercial loans, including commercial real estate lending, construction and development lending, and commercial and industrial loans. It also provides ground and equipment lease financing to fire departments. As of June 30, 2015, the company operated 45 branch offices in North Carolina, Upstate South Carolina, East Tennessee, and Southwest Virginia. HomeTrust Bancshares, Inc. was founded in 1926 and is headquartered in Asheville, North Carolina.
- [By Shane Hupp]
Hometrust Bancshares (NASDAQ:HTBI) was downgraded by equities researchers at BidaskClub from a “sell” rating to a “strong sell” rating in a note issued to investors on Wednesday.
- [By Stephan Byrd]
Hometrust Bancshares (NASDAQ:HTBI) and Dime Community Bancshares (NASDAQ:DCOM) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, earnings, risk, valuation, institutional ownership, dividends and analyst recommendations.
- [By Joseph Griffin]
Hometrust Bancshares (NASDAQ: HTBI) and TFS Financial (NASDAQ:TFSL) are both finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, valuation, earnings, analyst recommendations, risk, institutional ownership and dividends.
- [By Shane Hupp]
Headlines about Hometrust Bancshares (NASDAQ:HTBI) have trended somewhat positive on Saturday, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hometrust Bancshares earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.8198551712188 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.