Why Barrett Business Services (BBSI) Could Be a Top Value Stock Pick

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Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?

Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Barrett Business Services, Inc. BBSI.

Barrett Business Services in Focus

BBSI may be an interesting play thanks to its forward PE of 15.7, its P/S ratio of 0.5, and its decent dividend yield of 2.1%. These factors suggest that Barrett Business Services is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that BBSI has decent revenue metrics to back up its earnings.

Barrett Business Services, Inc. PE Ratio (TTM)

Barrett Business Services, Inc. PE Ratio (TTM)

Barrett Business Services, Inc. pe-ratio-ttm | Barrett Business Services, Inc. Quote

But before you think that Barrett Business Services is just

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Health Insurance Options When Leaving a Job

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Question: I’m thinking about leaving my job and starting my own business, but I’ll lose my health insurance from work. Can I sign up for coverage through HealthCare.gov now, or do I have to wait until open enrollment?

Answer: You usually need to wait until open enrollment to buy individual health insurance, but you can get coverage anytime during the year if you’re eligible for a “special enrollment period.” To qualify, you must have experienced one of several life changes, which include leaving your job and losing your employer health coverage; moving to a new zip code; getting married; having a baby or adopting a child; or losing health insurance because you got divorced or legally separated. If you qualify for a special enrollment period, you usually have up to 60 days following the event to enroll in a new health insurance plan. See Healthcare.gov for more information about special

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Team8 recruits a financial all-star team to form Fintech foundry

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Israeli founded Team8, which is a think tank and foundry comprised of leading minds from Israel’s innovative tech ecosystem and backed by strategic funding from Microsoft, Walmart, Barclay’s, Moody’s, among others, announced the launch of Team8 Fintech. The fintech-focused venture will be led by Rakefet Russak-Aminoach, who is the former CEO & President of Israel’s biggest bank Leumi Group. Russak-Aminoach will be joined by former Payoneer CEO & founder Yuval Tal, who at the beginning of the month stepped down from his position at the digital payment Unicorn to join the think tank; E-trading digital brokerage eToro founder Ronen Assia will also hop on the Team8 Fintech venture, along with former Head of Business Development for PayPal across Eastern Europe, Israel and Africa, Galia Beer-Gabel.

“Today, we are joining forces with giants. Financial Services are first and foremost about Trust. To make them more efficient, available and ultimately fair, Digital

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Smart Consumer Technology Startup Dreame Technology Raises Nearly USD 15 Million in Series B+ Funding Led by IDG Capital

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TipRanks

These 2 Penny Stocks Could Rally All the Way to $11, Says Cantor

Is more volatility on tap for stocks? Following a three-week losing streak, the longest in about a year, all eyes are on the market. The three major U.S. stock indexes have struggled for the last few weeks as the titans of tech, which have fueled the charge forward from COVID-induced lows, came under pressure due to overheated valuations, with market watchers waiting to see how renewed lockdown fears will come into play.So, what’s the bottom line for investors? Even though uncertainty remains as Wall Street gears up for the fourth quarter, the pros are pounding the table on a select few names, noting that these tickers boast strong long-term growth narratives.Bearing this in mind, our focus shifted to two penny stocks backed by investment firm Cantor. Major gains could be in store, as the firm’s analysts

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Are Investors Undervaluing Barrett Business Services (BBSI) Right Now?

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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.

On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the “Value” category. Stocks with high Zacks Ranks and “A” grades

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Brazil’s central bank examines the benefits of a CBDC

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The Central bank of Brazil — or Banco Central do Brazil — is laying the groundwork for a Central Bank Digital Currency (CBDC) with an official statement revealing it has already formed a dedicated group to study the crypto industry.

According to the central bank, the team consists of 12 members in an intergovernmental group that will assess how the CBDC could fit with the national payments ecosystem and what its impact could be on the economy and the society.

Previous reports detailed that Brazil spends around 90 billion reals ($16 billion) annually to guarantee a functional supply of paper money in circulation, representing between 1% and 2% of its GDP. 

The central bank says that the new group will examine how much money will be saved by issuing CBDCs and if it will be beneficial overall for the national economy. 

Rafael Sarres de Almeida, an official from the Information

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The Kraft Heinz Company Unveils Its Strategic Transformation Plan, Updates 2020 Outlook, and Provides Long-term Financial Algorithm

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Today, Miguel Patricio, Chief Executive Officer of The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”), and members of his senior leadership team are unveiling a transformation of the Company. A new strategy, operating model and key initiatives signal a fundamental shift in its approach to growing its brands and its business at a global scale. The Company also is establishing a long-term financial profile and updating its third quarter and full year 2020 financial outlook.

“I am extremely confident that unlocking the power of scale with agility, combined with our new operating model, will return Kraft Heinz to consistent and sustainable growth,” said Patricio. “We are placing the consumer at the center of everything we do, leveraging our greatest assets, strengthening our partnerships, generating fuel that funds growth investments like our 30% increase in marketing spend, and creating a clear path to rebuilding Kraft Heinz into the … Read More

TD, CIBC close out better-than-expected quarter for Canadian banks; outlook uncertain

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TORONTO (Reuters) – Toronto-Dominion Bank TD.TO and Canadian Imperial Bank of Commerce CM.TO beat analyst expectations for third-quarter profit on Thursday as strong earnings growth in their capital markets businesses helped offset weakness in almost every other unit.

The results close out a reporting season that saw all but one of Canada’s six major banks beat expectations, as conservative provisions in the prior quarter and a jump in trading revenues helped limit the hit from the coronavirus pandemic.

Even so, the banks warned of an uncertain environment ahead as government assistance and loan deferral programs wind down in the fourth quarter. While they anticipate an increase in delinquencies as a result, the lenders said the allowances they have built up should cover an increase in bad loans, as long as current economic assumptions hold.

Shares of TD, Canada’s second-largest lender, rose 0.9% to C$66.97 in Toronto, while CIBC shares climbed

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Yeahka Announces 2020 Interim Results, Technology-enabled Business Services Realized Rapid Growth in Revenue and its Customer Base, Business News

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HONG KONG, Aug. 27, 2020 /PRNewswire/ — Yeahka Limited (“Yeahka” or the “Company”, Stock Code: 9923), the leading payment-based technology platform in China, is pleased to announce the unaudited consolidated results for the six months ended June 30, 2020 (the “Period” or the “Reporting Period”).

Mr. Luke Liu, Chairman of the Board, Chief Executive Officer and Executive Director of the Company, said: “In the first half of the year, the covid-19 Pandemic triggered offline merchants to jump-start their digitalization process and the demand for technology services among China’s small and micro sized merchants has been increasing rapidly. Guided by our mission to ‘continuously create value for merchants and consumers’, we focused on the needs of millions of small and micro merchants in China, using payment services as the entry point to strengthen our technology platforms, to provide merchants with comprehensive technology-enabled business services. We continued

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Billionaire Greensill’s German Bank Draws Regulatory Scrutiny

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(Bloomberg) — When billionaire Lex Greensill won an $800 million investment from the SoftBank Vision Fund last year to develop new technology and expand his trade-finance empire, the bulk of the money went to a small, unprofitable German lender.

Greensill Bank, a 93-year-old firm known as NordFinanz Bank AG until the Australian financier bought it in 2014, suddenly found itself flush with capital. The size of its balance sheet increased more than seven-fold while it offered above-market interest rates to attract deposits that it would then invest in assets sourced by its parent, Greensill Capital.



Balance Sheet Leap


© Bloomberg
Balance Sheet Leap

The growth of the Bremen-based bank has attracted the scrutiny of Germany’s main regulator as well as its deposit-insurance program, according to people familiar with the matter. They worry that too many of the assets on the bank’s books are ultimately tied to the same source: British-Indian entrepreneur Sanjeev Gupta.

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