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Continued to remain subdued. The beige book gave us perhaps a hint of one explanation for why that is. In cases where there is Wage Inflation or higher input costs, the firms say, and materials, a law firms are still reluctant to pass that on. It is a very interesting line from beige book. Several districts noted increased manufacturing input costs, but in most cases, these werent passed through to selling prices. That underscores a theme weve seen for some time now, where companies in the u. S. Simply lack the Pricing Power they used to have. When their costs are going up, they are very reluctant to pass them on to customers. A couple last notes about impact from the storms we saw a earlier. Dedicating part of the u. S. , some good news in bounceback. Whatallas fed reporting they called notable strength in ,anufacturing, hiring numbers and indeed, some of the bounceback is sh ....
Bill. The other group that we are seeing have the biggest reaction is perhaps the medicaid exposed insurers. So were seeing here molina is up by 2. 4 . Centin, wellcare, a couple of other insurers that are trading higher. Theres Something Else from the bill and im looking here as we are all trying to piece through the bill and look at the various pieces of it, apparently this latest proposal will provide an additional 50 billion over four years to stabilize the insurance exchanges. So even some of the larger insurers have been reacting, not as dramatically as this. But they are higher today. In fact, if you take a look at the groups that are moving in the s p 500 on the bloomberg, on the imap youll see that health care is in the top spot. And in fact has been rising all week. And has been outperforming the s p 500 all year. Health care in the top spot here, up 1. 25 . As we see these gains here as we get these details of the bill. ....
Mudrick Capital Management L.P. decreased its holdings in Globalstar, Inc. (NYSE:GSAT – Free Report) by 5.6% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 41,478,297 shares of the company’s stock after selling 2,440,121 shares during the period. Globalstar makes up about 18.0% of Mudrick Capital Management L.P.’s […] ....
Bank of Nova Scotia Trust Co. grew its holdings in shares of The Descartes Systems Group Inc. (NASDAQ:DSGX – Free Report) (TSE:DSG) by 0.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,532 shares of the technology company’s stock after […] ....
MoneyLion Inc. (NYSE:ML – Get Free Report) has received a consensus rating of “Buy” from the five analysts that are currently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a buy rating. The average 12 month price objective among brokerages that have updated their coverage on the stock in the […] ....