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MarketWatchSep 29, 2020
Futures Movers: Oil prices edge lower as coronavirus deaths hit one-million milestone, highlighting demand fears
Crude-oil prices retreat early Tuesday as investors worry about cases of COVID-19 throughout the globe, a development that may harm demand for oil and other energy assets in the longer-term.

RELATED ARTICLES
Coronavirus tally: Global deaths from COVID-19 top 1 million, 33.4 million cases and U.S. counts more than 205,000 deaths (MarketWatch MarketPulse)

MarketWatch MarketPulseSep 29, 2020
UPDATE: McCormick beats third-quarter estimates, resumes guidance and unveils 2-for-1 stock split
McCormick & Co. Inc. posted better-than-expected earnings for its fiscal third quarter, resumed guidance and announced a 2-for-1 stock split, saying it is still benefiting from dining at home during the pandemic. The Hunt Valley, Md.-based maker of spices and flavorings said it had net income of $206.1 million, or $1.53 a share, in the quarter to Aug. 31, up from $191.9 million, or $1.43 a share, in the year-earlier period. Adjusted per-share earnings came to $1.53, a penny ahead of the $1.52 FactSet consensus. Sales rose to $1.430 billion from $1.329 billion, also ahead of the $1.396 billion FactSet consensus. "Our results for the third quarter continued to be significantly impacted by the sustained consumer preference for cooking more at home," Chief Executive Lawrence Kurzius said in a statement. "..Our updated 2020 outlook reflects the strength of these year-to-date results and our confidence in the sustainability of higher at home consumption trends," he said. The company is now expecting fiscal 2020 sales to grow at the upper end of its up 4% to 5% range. The company expects adjusted per-share earnings to range from $5.64 to $5.72, compared with a current FactSet consensus of $7.75. Its board has approved a 2-for-1 stock split to be conducted on Nov. 20. Shares were up 1.5% premarket and have gained 15% in the year to date, while the S&P 500 has gained 3.7%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseSep 29, 2020
Smith & Nephew buying Integra LifeSciences unit
Smith & Nephew said it's buying the extremity orthopedics unit of Integra LifeSciences for $240 million in cash. Smith & Nephew said the deal will provide entry into the shoulder replacement and foot and ankle segment. The business generated revenue of $90 million in 2019 and traded at a small loss, and is expected to be slightly dilutive to trading profit in 2021 and 2022. Integra LifeSciences said the deal will help it focus its portfolio on neurosurgery, surgical instrumentation and regenerative medicine products. Integra will pay $41.5 million to the Consortium of Focused Orthopedists as part of the deal.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



KiplingerSep 28, 2020
7 Best Sports Betting Stocks to Wager On
Sports betting stocks are one of the hottest areas of the market right now, and industry experts expect more of the same in the years ahead.

It's difficult to get a pulse of exactly how big the industry might become; estimates for the size of the sports betting market vary greatly in size and time horizon. Independent research firm Gambling Compliance says the U.S. betting market will range between $5.9 billion and $8.2 billion by 2024. Morgan Stanley believes the U.S. sports betting market could hit $10 billion annually by 2025; globally, it sees sports betting topping $100 billion. BofA Securities sees the U.S. market hitting $24 billion by 2030.

But one thing is clear: The stakes are high. The fact that a thematic ETF - the Roundhill Sports Betting & iGaming ETF (BETZ) - hit $100 million assets within three months of launching is indicative of just how high the stakes have gotten.

"Every play and move in sports entails an outcome that can be bet on," says Luke Lloyd, a wealth advisor and investment strategist at Strategic Wealth Partners. "Sports betting allows people to be more engaged in the game, specifically every play, usually making it more fun and entertaining to watch."

"Also, the rise of fantasy sports has increased the engagement from the younger generations, leading to a path of growth for many companies in the long-term as sports-betting makes its way throughout the United States and the world."

Read on as we evaluate seven of the best sports betting stocks in the market. Each of these picks provides access to gains in sports wagering, though some are more direct bets on the trend, while others are more diversified plays on gambling generally.

SEE MORE


Google Business NewsSep 28, 2020
More Than 1 Million People Have Died From COVID-19 Worldwide : Goats and Soda - NPR
More Than 1 Million People Have Died From COVID-19 Worldwide : Goats and Soda  NPRMore than 1 million people worldwide have died of Covid-19  CNNCoronavirus has killed more than 1 million people worldwide  CBS NewsOne million lives lost: World counts cost of COVID-19 pandemic  Al Jazeera EnglishCoronavirus has killed 1 mil

Forbes HeadlinesSep 28, 2020
Covid-19 Has Now Killed More Than 1 Million People Worldwide
About 1 in 5 deaths took place in the United States.

Google Business NewsSep 28, 2020
Donald Trump earned $427 million from The Apprentice and deals that followed, tax records show - Daily Mail
Donald Trump earned $427 million from The Apprentice and deals that followed, tax records show  Daily MailAnderson Cooper: Trump oddly silent on tax returns  CNNDon't miss the Ivanka Trump bombshell buried in the Times tax story  CNNTrump tax returns are not just good for gossip. Here are 3 reasons voters should care.  USA TODAY
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