Donation Presentation: Future Skate Park Gets Financial Boost | news

Even before it opens later this year, Cullman’s new skatepark is already taking off in earnest. Thanks to a trio of private donors, the professionally designed skate and BMX rink has received a $120,000 infusion of new funds to ensure smooth concrete and perfectly placed fixtures aren’t the only amenities. Cullman Parks, Recreation and Sports Tourism announced the locally contributed funds this week at an event held just outside the park’s northern boundary amid a busy environment of contractors and construction machinery. Parks Director Nathan Anderson said the goal is to complete the pool, ramps, railings and other skating features…

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Updates on 3 bullpen stocks that broke the meme and retail buzz this week

Retail gains and meme stocks (hello Bed Bath & Beyond) dominated much of the market’s coverage this week. But some companies in other sectors managed to grab attention, including three that currently sit in our Bullpen: Starbucks (SBUX), Estee Lauder (EL), and Palo Alto Networks (PANW). Before we go over what happened and our updates on these stocks, a quick reminder that the Bullpen is a collection of stocks identified by the Club team as having potential to join Jim’s Charitable Trust, the holdings of which they serve as a wallet. These are companies we consider high quality and will…

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ZIM’s integrated shipping inventory achieves RS rating improvement; Access the key threshold

When making your watchlist, look for stocks with an RS score of 80 or higher. ZIM Integ Shipping Svcs (ZIM) just cleared that benchmark with an 80 to 86 update. X When you’re researching the best stocks to buy and watch, keep an eye on relative price strength. This Investor’s Business Daily exclusive rating identifies stock price movement on a scale of 1 (worst) to 99 (best). The rating shows how a stock’s price performance over the past 52 weeks compares to the rest of the stocks in our database. Over 100 years of market history reveals that the best…

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Albemarle shares show market leadership with a jump to the 93 RS rating

Albemarle (ALB) saw a welcome improvement in its Relative Strength Rating (RS) before the market opened on Friday, rising from 90 to 93. Today’s midday action shows it falling back to the moving average of 10 and 200 days. X When looking for the best stocks to buy and watch, one factor to keep a close eye on is relative price strength. IBD’s unique RS Rating identifies market leadership using a score from 1 (worst) to 99 (best) that shows how a stock’s price performance over the past 52 weeks matches up with all other stocks in our database. History…

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Bed Bath & Beyond to drop to $3 after Cohen sale, possible debt restructuring, Telsey Group says

Bed Bath & Beyond’s latest meme stock moment won’t last, according to Telsey Advisory Group. The name surged this month as retail traders piled in, resulting in unusually high volume and outsized moves. Bed Bath & Beyond rose more than 250% in August but fell 42% in extended trading Friday morning after it was revealed that investor Ryan Cohen completed the sale of his entire stake at the company this week. Telsey Advisory Group expects the stock to hit $3 a share, down nearly 84% from Thursday’s close of $18.55. The price drop should come after disclosure of Cohen’s sale…

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Financial expert gives his take on Todd Boehly's 'NFL-style' contracts to be presented at Chelsea

Financial expert gives his take on Todd Boehly’s ‘NFL-style’ contracts to be presented at Chelsea

Finance expert Dan Plumley believes Todd Boehly’s ‘NFL-style’ contract plan is positive for Chelsea players. Last week, news broke that Todd Boehly was planning to bring NFL-style contracts to Chelsea. Currently, football contracts are usually between four and six years, but Boehly and his board want to bring longer ones, inspired by American football. These new contracts would be offered to players under the age of 25 and would be seven-year deals. Mason Mount, Armando Broja and Reece James are said to be the first Blues players to be offered these new contracts. IMAGO / Sportimage Some people aren’t sure…

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GO in the Know 5

Go to Knowledge: New Social Security benefits and top financial news for August 19

seb_ra / iStock.com Happy Friday! Let’s start the weekend on a good note as today is National Soft Ice Cream Day. Grab your favorite soft serve cone and read today’s biggest financial stories. The big plus: 12 new “compassionate allowances” from Social Security The Social Security Administration has added 12 new health conditions to its compassionate allowance program, meaning people with these conditions now have faster access to Social Security disability benefits. Are you eligible? Read the full story here SNAP Spotlight: Rhode Island making strides against food insecurity among seniors Rhode Island Governor Dan McKee, along with Lt. Governor…

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Stock and bond prices fall on expectations of higher interest rates

Stock and bond markets fell on Friday after upbeat UK retail sales data bolstered expectations that central banks will act quickly to tighten monetary policy. Wall Street’s S&P 500 fell 1.1 percent shortly after the opening bell in New York, while the tech-heavy Nasdaq Composite lost 1.6 percent . Europe’s Stoxx 600 fell 0.6 percent. The moves came after a report on Friday pointed to strong spending by British consumers, two days after hotter-than-expected UK inflation data was released. The figures add to fears that rate-setters will aggressively raise borrowing costs globally. Traders were also looking ahead to next week,…

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