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TODAY'S TOP STORIES

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wallstreet-oct29_21aug19.jpg After showing a strong move to the upside early in the session, stocks continue to see considerable strength in mid-day trading on Wednesday. With the upward move, the major averages have more than offset the pullback seen in the previous session.

dmcglobal-082119.jpg Shares of DMC Global Inc. (BOOM) are trading around $43 levels, well off their 52-week high of $76.68. The stock declined in late July from around $62, after lowering revenue guidance for fiscal 2019, in view of lower oil prices and the near-term slowdown in North American well completion activity. Despite the lowering of revenue expectations, we believe that the sell-off in the stock is overdone.

pushwalkers-aug21.jpg Crate and Barrel have recalled 1,500 push walkers due to risk of choking and laceration. Crate and Barrel have recalled Activity Push Walkers as those walkers can be damaged over time exposing sharp points and small parts, posing choking and laceration hazards to small children. The wooden recalled...

projectbondi2-082119.jpg The World Bank said it raised an additional A$50 million or about $34 million by issuing the second tranche of its Australian dollar-denominated blockchain bond called Kangaroo bond or bond-I, due August 2020. The bond-I tap issue is managed by by Commonwealth Bank of Australia (CBA), RBC Capital Markets (RBC) and TD Securities (TD).

youtube-aug21.jpg YouTube is finalizing plans under which it will no longer serve "targeted" advertisements on its main site for videos meant for kids, Bloomberg reported, citing people familiar with the discussion. While the plan is reportedly intended to satisfy U.S. regulators, it could negatively impact the Google-owned video giant's ad sales as kids' content on YouTube is immensely popular.

Apple Inc. (AAPL) is in the final stages of certifying advanced flexible Organic Light Emitting Diode or OLED screens from Chinese display maker BOE Technology Group for iPhones next year, the Nikkei Asian Review reported citing source. The U.S. tech giant has been attempting to reduce reliance on Samsung Electronics of South Korea.

us-chinese-flags-080318_21aug19.jpg The International Monetary Fund cautioned that monetary policy easing are unlikely to lead to currency devaluations that are adequate enough to cause a sustained improvement in a country's trade balance. Trade wars and currency devaluation concerns are set to be intensively discussed later this week when global central bankers will gather in Jackson Hole, Wyoming.

jamesbond-aug21.jpg The producers of the 25th official James Bond film have announced the title - 'No Time To Die.' Daniel Craig will return to play the 007 spy for the fifth and the last time. The title was released by James Bond producers, Michael G. Wilson and Barbara Broccoli, who have co-produced the last eight Bond films. In No Time To Die, the 49-year-old star plays the role of a secret agent who left active

wallstreet-sept12_21aug19.jpg Stocks have shown a strong move back to the upside in morning trading on Wednesday, offsetting the pullback seen in the previous session. The major averages moved sharply higher early in the session and have remained firmly positive.

existinghomesales-082119.jpg Existing home sales in the U.S. showed a notable rebound in the month of July, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales jumped by 2.5 percent to an annual rate of 5.42 million in July after slumping by 1.3 percent to a revised rate of 5.29 million in June.

gamestop-aug21.jpg Video game retailer GameStop Corp. laid off more than 120 employees, or nearly 14 percent of the total workforce at its corporate headquarters and at some other offices, according to reports. The layoffs also include senior editorial staff at Game Informer, the company's print and digital publication. Some of the senior staff at Game Informer took to Twitter to announce about their layoffs.

trumpgreenland-aug21.jpg U.S. President Donald Trump canceled what was considered an important state visit to Denmark, over the Scandinavian government's opposition to his proposed interest in buying Greenland. Greenland is an autonomous Danish territory located in North American continent between the North Atlantic and Arctic oceans. Only a small population of around 60,000 lives in the island, where most of its land su

wallstreet-aug23_21aug19.jpg Following the pullback seen in the previous session, stocks are likely to move back to the upside in early trading on Wednesday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 180 points.

uber-aug21.jpg Uber Technologies Inc. will establish a new U.S. general and administrative hub in Dallas, which will create 3,000 new jobs and more than $75 million in capital investment, Texas Governor Gregg Abbott said. Uber will get a grant of $24 million from the Texas Enterprise Fund or TEF, a business incentive fund that is used for attracting new business to the state and to ensure their growth.

childrenspajamas-aug21.jpg SAMpark LLC recalled 185 Children's pajama sets for burn injury risk to children. The pajamas failed to meet the flammability standard for children's sleepwear that requires sleepwear to be either snug-fitting or flame resistant. However, there have been no incidents or injuries reported so far.

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