TipRanks

The Bottom Is in for These 2 Stocks? Analysts Say ‘Buy’

Today, we’re looking at two small-cap biotech firms whose stocks have struck a rut. Each company has hit a recent clinical setback that sent the share price falling, erasing previous gains and sending it back down to low levels. Setbacks of this sort are not uncommon in the biotech industry, and in fact highlight the risk and speculative nature of the industry. So what should investors do, when a stock collapses? Is this a matter of poor fundamentals? And has the stock’s price found its low point yet? That’s where the Wall Street pros come in. Noting that each is set to take back off on an upward trajectory, some 5-star analysts see an attractive entry point for both. Using TipRanks’ database, we found out that these two tickers have earned Moderate or Strong Buy consensus ratings from

Read More


Crime scene following a cash-in-transit robbery in Krugersdorp.

PHOTO: Sharon Seretlo/Gallo Images

  • The Gauteng provincial police commissioner held an urgent engagement with CIT stakeholders on Wednesday.
  • Fidelity and G4S were identified as being hit the hardest.
  • Two CIT heists have been reported in the last two days.

Gauteng police commissioner Lieutenant General Elias Mawela says that there has been a worrying spike in cash-in-transit (CIT) heists over this festive season, compared to last year.

On Wednesday, Mawela – along with his deputy, Major General Tommy Mthombeni and provincial Hawks head Major General Ebrahim Kadwa – held an urgent meeting with stakeholders in the CIT industry following the recent spate of heists in the province.

Gauteng police spokesperson Brigadier Mathapelo Peters said:

Comparing the rate of occurrence of incidents this year to last year’s rate, Lieutenant General Mawela confirmed that there is a worrying spike in the rate and frequency

Read More

eSports describes the world of competitive, organized video gaming. Competitors from different leagues or teams face off in the same games that are popular with at-home gamers: Fortnite, League of Legends, Counter-Strike, Call of Duty, Overwatch and Madden NFL, to name a few. These gamers are watched and followed by millions of fans all over the world, who attend live events or tune in on TV or online. Streaming services like Twitch allow viewers to watch as their favorite gamers play in real time, and this is typically where popular gamers build up their fandoms.

Short answer? A lot of people. According to a report from Newzoo, a market analytics company, 380 million people worldwide will watch eSports this year, including 165 million eSports enthusiasts (a term that describes frequent viewers, as opposed to occasional viewers). The bulk of these enthusiasts watch from North America, China and South Korea.
Tournaments
Read More


The third ban is devastating to craft brewers.

The Beer Association of South Africa (BASA) has issued an urgent call to President Cyril Ramaphosa to lift the blanket ban on alcohol as from 16 January. 

BASA says this step is needed to ensure the survival of small business owners of craft breweries, who now find themselves on the brink of closure.

Ramaphosa announced the third alcohol ban on 28 December 2020.

The last two alcohol bans had a devastating impact on the beer industry, with an estimated 7 400 jobs lost, R14.2 billion in lost sales revenue and more than a R7.4 billion loss in taxes and excise duties. 

“BASA remains aware of the severity of the crisis we face as nation as we battle Covid-19, and understands the great difficulties faced by both government and citizens as the virus spreads. And while we support all efforts to curb

Read More


Two workers in an underground mine.

  • Dr. Thuthula Balfour, head of health at Minerals Council South Africa said the cost of the vaccine programme to the mining industry could be around R300 million.
  • Mining is a key driver of the country’s economy, contributing 9% of GDP
  • SA has a labour-intensive mining industry with thousands of miners working in confined spaces deep underground, posing a higher risk of transmission

SA’s mining industry estimates it will cost around R300 million to help the government roll out Covid-19 vaccines to mineworkers and community members as the country battles a surge in infections, the industry body has told Reuters. 

The Minerals Council, which represents mining firms, offered its financial and logistical assistance after the government called on the private sector to help with the rollout of vaccines, the first of which are set to arrive on Monday.

Mining is a key driver

Read More

First Research Industry Profiles Are Now Part of D&B Hoovers!

First Research Industry Profiles are now part of D&B Hoovers.Individual reports will not be available after September 30,2020.

Learn more about how you can continue to access the Industry information you value,plus gain comprehensive company insight through a
D&B Hooovers subscription.

More Research options from D&B Hoovers

D&B Hoovers combines the world’s largest commercial database from Dun & Bradstreet with sophisticated analytics.See how it works
view this video


Discover unique opportunities hidden in more than 1000 industry segments! First Research is the leading provider of market analysis tools that help sales and marketing teams perform faster and smarter, open doors and close more deals. See how First Research services can be tailored to your needs:

Subscriptions

A La Carte Reports

The complete suite of First Research tools provides:

  • Unlimited access to downloadable market analysis
  • Complete
Read More

Industry vs. Sector: An Overview

Although they may seem the same, the terms industry and sector have slightly different meanings. Industry refers to a much more specific group of companies or businesses, while the term sector describes a large segment of the economy.

The terms industry and sector are often used interchangeably to describe a group of companies that operate in the same segment of the economy or share a similar business type. The term sector often refers to a larger, general part of the economy, while the word industry is much more specific.

These two terms are sometimes reversed. But the general idea remains: one breaks the economy down into a few general segments while the other further categorizes those into more specific business activities. In the stock market, the generally accepted terminology cites a sector as a broad classification and an industry as a more specific one.

Key

Read More

What Is an Industry?

An industry is a group of companies that are related based on their primary business activities. In modern economies, there are dozens of industry classifications. Industry classification are typically grouped into larger categories called sectors.

Individual companies are generally classified into an industry based on their largest sources of revenue. For example, while an automobile manufacturer might have a financing division that contributes 10% to the firm’s overall revenues, the company would be classified in the automaker industry by most classification systems.

Key Takeaways

  • Similar companies are grouped together into industries, and there are a number of different industries, such as department stores and shoemakers.
  • Industry grouping is based on the primary product that a company makes are sells. Meanwhile, industries are grouped together into sectors.
  • The North American Industry Classification System is the standard classification system used by government agencies to organize companies into sectors
Read More

Industry, group of productive enterprises or organizations that produce or supply goods, services, or sources of income. In economics, industries are generally classified as primary, secondary, tertiary, and quaternary; secondary industries are further classified as heavy and light.

North America

Read More on This Topic

North America: Industry

The industry of North America is its chief contemporary source of wealth. It first developed at Atlantic coast and Mississippi River ports,…

Primary industry

This sector of a nation’s economy includes agriculture, forestry, fishing, mining, quarrying, and the extraction of minerals. It may be divided into two categories: genetic industry, including the production of raw materials that may be increased by human intervention in the production process; and extractive industry, including the production of exhaustible raw materials that cannot be augmented through cultivation.

The genetic industries include agriculture, forestry, and livestock management and fishing—all

Read More