(as aides refer to the present occupant of the Oval Office… Shares are down 65% since their peak. His net worth has dropped about $10 billion since October and he’s now the world’s 25th-richest person. Members of Congress, and especially Republicans, love to chide the postal service for epic losses that may ultimately necessitate some sort of bailout. Not to mention each has earned a Moderate or Strong Buy consensus rating.Esperion (ESPR)We will start with Esperion, a company that specializes in therapies for the treatment of elevated low-density lipoprotein cholesterol levels – a major factor contributing to heart disease. QuantumScape founder Jagdeep Singh talks with Yahoo Finance after the company's stock fell 40% Tuesday morning. (Reuters) -Futures tracking the technology-heavy Nasdaq 100 index sank 2% on Wednesday as investors priced in the prospect of a Democrat-controlled Senate that could lead to tighter regulations on technology mega-caps. The current Oval Office occupant wants his Trump Stamp on all things public, including a privatized Post Office. The lead compound, obeticholic acid (OCA), is an analog of the bile acid CDCA, and as such can take a role in the FXR pathways and receptors implicated in chronic liver disease. The postal service could still be required to offer universal mail delivery to every home in America, much as utilities and phone companies deliver electricity and phone service virtually everywhere. All rights reserved. CTT Correios de Portugal, S.A. CTT has become a public limited company in 1991, and in December 2013 the shares were listed on Euronext Lisbon. Buy) rating and $100 price target. Nongfu shares jumped 18% in the first two trading days of 2021, taking the advance since their September listing to more than 200%. He’s not been seen in public since Chinese regulators torpedoed Ant Group Co.’s $35 billion initial public offering. The postal service itself has even said that privatization is a viable way to reform the organization’s money-losing operations. Since the Q3 report, Esperion announced pricing on a $250 million offer of senior subordinated notes, at 4%, due in 2025. Treating liver disease through the FXR biology has direct applications for PBC, and is showing promise treating complications from NASH.ICPT shares dropped sharply last summer, when the FDA rejected the company’s application to approve OCA for treatment of NASH-related liver fibrosis. CeD affects about 1% of the population, yet there are no approved therapies. That's where the Wall Street pros can lend a hand.We used TipRanks' database to pinpoint three stocks that fit a profile: a share price that has dropped over 30% in the last 12 months, but with at least double-digit upside potential, according to analysts. And 25 of 27 countries in the European Union allow some form of private-sector competition with the official post. Buffett is outside that group with an $86.2 billion fortune, but the Berkshire Hathaway Inc. founder has given away more than $37 billion of stock since 2006.Investors are snapping up Chinese consumer shares as the country demonstrates it’s recovering from Covid-19, while analysts have grown increasingly bullish on Nongfu.Zhong has also helped four relatives become billionaires. 78 likes. Politicians would lose that control if the postal service went private, which means they wouldn’t be able to prevent postal facilities in their districts from closing, or jobs associated with them from disappearing. In line with his bullish comments, Nierengarten rates ORTX as Outperform (i.e. The analyst raised the 2030 volume estimate to 5.2 million units from 3.8 million units. Given its $4.33 average price target, upside of 386% could be in store for investors. Amazon is pressing ahead with its own delivery systems while Uber-style delivery firms may grow in importance. The Post office still follows a 19th century model in a 21st century world. (2.28% APR). Tesla Is ‘Definitely Overvalued,’ Says Bill Gross. The greater probability of higher taxes and increased regulation with the presidency and Congress controlled by Democrats had stock index futures trading lower. Pruzanski will remain as an advisor, and will hold a director’s position on the company’s Board.Piper Sandler analyst Yasmeen Rahimi takes a deep dive into Intercept’s continuing efforts to expand applications of OCA and to resubmits its New Drug Application to the FDA. Apps offered by Tencent Holdings Ltd (OTC: TCEHY) such as Tencent QQ and WeChatPay have also been proscribed under the order, alongside CamScanner, SHAREit, VMate, and WPS Office.The order underscored the threats posed by Chinese applications, which could permit the Asian power to track the location of Federal employees and contractors and "build dossiers of personal information. Find great deals on travel insurance, travel money, car insurance, savings accounts, financial services and more here at Post Office. By November, however, even though remdesivir had been approved, the World Health Organization (WHO) was recommending against its use, and the COVID vaccines now on the market have made remdesivir irrelevant to the pandemic.This was only one of Gilead’s recent headwinds. The trade represented a roughly $2.05-million bullish bet. He writes, “We look forward to the company’s commercial execution in the EU and an eventual 2022 approval in the US. Er, good point, Mr. President. Takes less than a minute to see if you qualify! Buy) rating and an $82 price target. If not for the political hurdles, privatization might work. Two analysts are raising their price targets on Apple stock, with both taking note of strong demand for the new iPhone 12 phone lineup. BABA Chart by TradingView new TradingView.widget( { "width": 680, "height": 423, "symbol": "NYSE:BABA", "interval": "D", "timezone": "Etc/UTC", "theme": "light", "style": "1", "locale": "en", "toolbar_bg": "f1f3f6", "enable_publishing": false, "allow_symbol_change": true, "container_id": "tradingview_b1d06" } ); Benzinga's Take: The biggest Alibaba option trade of the morning was bullish, but the trading was generally mixed, with many traders taking the other side of the trade.The $2-million call purchase has a break-even price of $320.49, suggesting 33.5% upside for the stock over the next year.See more from Benzinga * Click here for options trades from Benzinga * 2 Top Homebuilder Stocks For 2021, According To BofA * Why The Biden Administration Could Be Very Bullish For Ford, GM(C) 2021 Benzinga.com. We should allow entrepreneurs to compete in the postal industry. The post office has been woven into the fabric of American society since 1775, when the Second Continental Congress appointed Benjamin Franklin as the first postmaster general. "We continue to believe Tesla can outperform vs our sector in 2021," Jonas wrote in the new note.The analyst said the market has chosen to discount the value of Tesla compared to peers despite a range of high outcomes. The trade represented a roughly $1.62-million bullish bet. (See ESPR stock analysis on TipRanks)Intercept Pharma (ICPT)Liver disease is a serious health threat, and Intercept Pharma is focused on developing treatments for some of the more dangerous chronic liver conditions, including nonalcoholic steatohepatitis (NASH) and primary biliary cholangitis (PBC). 9 Meters is one of the latter, taking aim at unmet needs for gastrointestinal patients. The postal service would have been reformed a decade ago if we were any other country.”. Their rock-bottom starting price makes pennies the logical place to look for huge returns on investment. Rick Newman’s latest book is Rebounders: How Winners Pivot From Setback To Success. Malta and the Netherlands have fully privatized their mail service, while Germany, Austria and now the U.K. have partially done so. This figure indicates an impressive 220% upside for the next 12 months. Buying low and selling high may be a bit hackneyed, but it’s true, and truth has staying power.But the markets are up. The United States Postal Service (USPS; also known as the Post Office, U.S. Mail, or Postal Service) is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, including its insular areas and associated states.It is one of the few government agencies explicitly authorized by the United States Constitution. (See GILD stock analysis on TipRanks)To find good ideas for beaten-down stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. A Democrat victory in both Georgia runoff elections could have huge implications for tax and spending policy, the shape of the coronavirus recovery and the stock market outlook. They do. Finally, he got to the good stuff and re-examined the drivers of the run-up in the market, namely “intense speculation” as well as “fiscally pumped, central bank-primed corporate earnings” as the Federal Reserve moved real interest rates to near zero. Along with the drop in share value, the company showed a fall in revenue from Q2 to Q3, with the top line collapsing from $212 million to $3.8 million. Britain’s postal service, the Royal Mail, has just joined the private sector as part of an effort by the U.K. government to raise cash to help pay down its debts. Featured, Slideshow, Story. Apple’s Earnings Are Coming. Last month ORTX received IND clearance from the FDA for the program paving the way for discussions with the US regulators to decide a suitable path forward toward a BLA filing.”"Net-net, with possibly two gene therapies approved in the next 12-18 months and a pivotal study beginning in a third (MPS-I), we think ORTX shares are undervalued at these levels," the analyst concluded. Benzinga does not provide investment advice. Markets Brace for a Blue Wave After Georgia Senate Races. Privatization may sound radical to some America… Despite a challenging launch for NEXLETOL and NEXLIZET, product growth has continued in 3Q against the backdrop of a contracting LDL-C market. 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’. Even though the postal service is a “self-supporting government enterprise” that doesn’t get any tax dollars, Congress has retained just enough control to essentially veto big, needed changes such as closing unprofitable post offices and processing facilities and diversifying into profitable lines of business that don’t involve the mail. If you have sent something using one of Royal Mails tracked services, use the Track and Trace tool to check the progress of your item. Germany’s Deutsche Post was partly privatized in 2000, and the company has improved productivity and expanded into new businesses. Since Germany privatised Deutsche Post in 1995, the firm has expanded massively. )(Updates with Wednesday moves for Nongfu in third paragraph, Wantai in fifth)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. The gains came in 1H20, when it appeared that the company’s antiviral drug remdesivir would become a prime treatment for COVID-19. Despite rising more than 700% over the past year, Tesla Inc (NASDAQ: TSLA) is getting a bullish call and new Street-high price target.The Tesla Analyst: In a note published after Tuesday's close, Morgan Stanley analyst Adam Jonas reiterates an Overweight rating on Tesla while raising the firm's price target from $540 to $810.Jonas issued a cautious note in December calling the entry into electric vehicles by Apple Inc (NASDAQ: AAPL) a new "bear case" for Tesla.Related Link: Morgan Stanley Upgrades Tesla On Growth Potential In Embedded BusinessesThe Tesla Thesis: Delivery growth of 61% year-over-year in the fourth quarter was better than expected by Jonas. $4.69 billion has been awarded to women with ovarian cancer linked to Talcum Powder use. Along the way, it has pioneered delivery lockers, at which consumers can … Takes 2 minutes to see top 5 lenders that will likely approve your loan and offer you a super low rate. It’s extremely unlikely to happen, however. The gene therapy approach uses blood stem cells to deliver corrected genetic information directly into the patient’s body.Orchard’s pipeline demonstrates the diversity of disorders amenable to gene therapy – the company has no less than 12 drug candidates in development. Postal Service to help solve financial woes that include $41 billion in losses since 2006 and a business model that’s about as current as a 22-cent stamp. All rights reserved. It is very important to do your own analysis before making any investment. Running those offices costs much more than that. * At 10:56 a.m., a trader bought 1,000 Alibaba put options with a $215 strike price expiring on Jun. Learn how and when to remove these template messages, Learn how and when to remove this template message, https://www.bloomberg.com/news/articles/2015-11-04/japan-post-poised-to-jump-on-debut-after-year-s-biggest-ipo, "Japan to sell $12 billion of Japan Post Holdings, growth potential under scrutiny", "Offering of Government-owned Shares - JP Holdings", "Insurance scandal delays Japan Post privatization by 5 years", https://en.wikipedia.org/w/index.php?title=Postal_service_privatization&oldid=994712037, Articles needing additional references from December 2009, All articles needing additional references, Wikipedia articles in need of updating from January 2014, All Wikipedia articles in need of updating, Articles with multiple maintenance issues, Creative Commons Attribution-ShareAlike License, This page was last edited on 17 December 2020, at 04:17. 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