Minority-owned companies waited months for loans, data shows

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Thousands of minority-owned small businesses were at the end of the line in the government’s coronavirus relief program as many struggled to find banks that would accept their applications or were disadvantaged by the terms of the program

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * The week's bullish calls included the iPhone maker and electric vehicle stocks. * A semiconductor maker and a Chinese internet giant were among the bearish calls.The final trading week of a tumultuous year offered little in the way of a Santa Claus rally, with the S&P 500 and Dow Jones industrial average up about 1% and the Nasdaq essentially flat for the week.

Chinese EV maker Nio Inc - ADR announced record monthly deliveries for December that underlined the strong momentum the company is experiencing.What Happened: Nio's deliveries climbed 121% year-over-year to 7,007 vehicles in December, the company said in a release Sunday. The total unit deliveries comprised 2,009 ES8S, 2,493 ES6s and 2,505 units of its newly-launched EC6s.Sequentially, deliveries increased 32.43% from the 5,291 vehicles delivered in November.

* This weekend's Barron's cover story offers 12 alternatives to bonds for income investors. * Other featured articles examine values stocks worth a look, parallels between internet and transportations stocks, and how to play a consumer discretionary rebound. * Also, the prospects for a luxury retailer, a struggling semiconductor giant, a media colossus and more.Cover story "Bonds Offer Slim Pickings for Yield-Hungry Investors.

 

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