Friday, 12 Aug 2022

How ‘Marcel the Shell’ Went From YouTube to the Big Screen

Nutrien Shares Rise 4%

Shares of Canadian fertilizer company Nutrien Ltd. (NTR,NTR.TO) are rising 4 percent on Tuesday’s trading, continuing its upward trajectory since the past few days. There has been no company announcement to influence the stock.

The Nutrien stock seems to be in tandem with the US stock markets, which are in the green early on Tuesday morning.

Currently at $87.37, the stock has traded between $57.08 and $117.25 during the past 52 weeks.

Colorado election results: Primary races for governor, congressional districts and more

Election results will be reported by Colorado’s Secretary of State starting at 7 p.m. on Tuesday. This results page will be updated throughout the night.

To stay up-to-date on Colorado’s political scene, the upcoming 2022 November election and more, subscribe to our newsletter, The Spot.

U.S. Pending Home Sales Unexpectedly Climb 0.7% In May

After reporting steep drops in U.S. pending home sales over the past several months, the National Association of Realtors released a report on Monday showing an unexpected rebound in pending home sales in the month of May.

NAR said its pending home sales index climbed 0.7 percent to 99.9 in May after plunging by 4.0 percent to a revised 99.2 in April. The increase surprised economists, who had expected pending home sales to tumbled by another 3.7 percent.

A pending home sale is one in which a contract was signed but not yet closed. Normally, it takes four to six weeks to close a contracted sale.

“Despite the small gain in pending sales from the prior month, the housing market is clearly undergoing a transition,” said NAR Chief Economist Lawrence Yun. “Contract signings are down sizably from a year ago because of much higher mortgage rates.”

The unexpected increase in pending home sales came as pending home sales in the Northeast spiked by 15.4 percent compared to the previous month.

Pending home sales in the South also edged up by 0.2 percent, while pending home sales in the Midwest slumped by 1.7 percent and pending home sales in the West plunged by 5.0 percent.

“The largest decline in contract activity was observed in the West region, where homes are the most expensive,” Yun said.

He added, “This further indicates the growing need to increase supply to tame home price growth and improve the chances of ownership for potential home buyers.”

Yum China Up 4% On News Of China Easing Covid-19 Curbs

Shares of American Chinese fast-food company Yum China Holdings, Inc. (YUMC) are rising 4 percent on Tuesday’s trading maintaining their upward movement since the past few days.

On Tuesday, Yum China’s stock was influenced by reports that China will be lifting some of the strict restrictions in place due to the coronavirus pandemic.

Currently at $48.24, the stock has traded between $33.55 and $66.91 during the past 52 weeks.

MGM Resorts Up 3% As China Relaxes Covid-19 Curbs

MGM Resorts Up 3% As China Relaxes Covid-19 Curbs

Shares of MGM Resorts International (MGM) are up 3 percent on Tuesday’s trading following news reports that JMP Securities has given the stock a Market Outperform rating and announced a $55 price target.

The stock of the company, which operates casinos in Macau, was also influenced by news of China easing quarantine rules for international travelers.

Currently at $30.65, the stock has traded between $26.41 and $51.17 during the past 52 weeks.

Agile Therapeutics Stock Surges 70%

Shares of Agile Therapeutics, Inc. (AGRX) are surging over 70% on Tuesday morning despite no stock-related new release from the company.

AGRX is currently trading at $2.1608, up $0.8908 or 70.1417%, on the Nasdaq. The stock opened its trading at $1.67 after closing Monday’s trading at $1.27.

Agile Therapeutics, a women’s healthcare company, researches, develops, and commercializes prescription contraceptive products for women in the United States. Its lead product is Twirla, also known as AG200-15, a once-weekly prescription combination hormonal contraceptive patch.

Huazhu Group Continues On Bullish Trend

Huazhu Group Ltd. (HTHT) shares are trading more than 5 percent on Tuesday morning, continuing a bullish trend. Today the stocks are generally trading up. There were no corporate announcements on the day to influence the HTHT stock movement.

Currently, shares are at $37.83, up 5.76 percent from the previous close of $35.77 on a volume of 2,721,439. The shares have traded in a range of $21.98-$54.93 on average volume of 1,648,745 for the last 52-week period.

European Economics Preview: Germany Gfk Consumer Confidence Data Due

Consumer sentiment data from Germany is due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, the market research group GfK is set to issue Germany’s consumer sentiment survey data. The forward-looking sentiment index is forecast to fall to -27.7 in July from -26.0 in June.

In the meantime, retail sales and foreign trade data from Sweden are due.

At 2.45 am ET, France’s statistical office Insee releases consumer confidence survey data for June. The confidence index is seen at 84 in June versus 86 in May.

At 4.00 am ET, Italy’s industrial turnover data is due. Also, S&P Global publishes Austria’s manufacturing Purchasing Managers’ survey results.

At 8.00 am ET, Hungary’s central bank is set to announce its interest rate decision. The bank is set to hike its key rate to 6.40 percent from 5.90 percent.

How ‘Marcel the Shell’ Went From YouTube to the Big Screen

How did “Marcel the Shell With Shoes On,” a short created in one person’s bedroom, become a full-scale, stop-motion feature film? Meticulously.

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By Jason Bailey

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