-
Cannabis Vs. Alcohol: Wall Street Analyst-Led Research Shows $29B Cannabis Surge, 18M New Users
Monday, December 18, 2023 - 5:01pm | 719A new report by TD Cowen analyst Vivien Azer unveils a shift in consumer behavior, spotlighting the clash between legal cannabis and alcohol sales. "Alcohol sales in legal cannabis states underperformed by 100-150 bps over the past five years," revealed Azer. See Also: As Cannabis...
-
Polcari: The New U.S. GDP Calculation Method? 'Just Make It Up'
Friday, July 24, 2015 - 11:49am | 374In a note released on Friday morning, O’Neil Securities Director Kenny Polcari discussed the state of the U.S. stock market and next week’s critical U.S. GDP number. Polcari believes that the U.S. Bureau of Economic Analysis will be reporting a strong GDP number next week, one way or...
-
Restaurant Stocks Suffer As Shutdown Continues
Wednesday, October 2, 2013 - 1:20pm | 515QSR predicted it. Wall Street apparently confirmed it. The government shutdown is hurting restaurants, and as a result, restaurant stocks. Leading decliners at noon on Wednesday were Frisch’s (NYSE: FRS), down more than four percent, Brinker International (NYSE: EAT) down almost two percent,...
-
Tips for Setting a Budget
Tuesday, July 16, 2013 - 11:53am | 581While Benzinga mostly covers actionable trading ideas and news stories, we've decided to delve a bit deeper into personal finance. The team at Benzinga would like to assist readers with not just their investing endeavors, but their financial lives as a whole. And today, we continue this effort...
-
Trade Deficit Drops on Falling Imports
Thursday, May 2, 2013 - 12:09pm | 652The trade deficit fell 11 percent as imports fell more than exports. While a drop in imports adds to GDP, as imports are a subtraction from domestic economic output, it could signal companies may desire to keep inventories low if they expect weaker sales ahead. The 0.4 percent dip in retail sales...