Home Improvement Market Sees Surge During Pandemic

Financialnewsmedia.com Market Commentary

PALM BEACH,  Fla., Oct. 13, 2020 /PRNewswire/ — Analysts expect home improvement spending to reach $439.9 billion in 2020 – In the time of a global pandemic, there is indeed no place like home. As millions of Americans practice social distancing while working and learning remotely, the home has become the focal point of our lives. The desire to make residences safer, more comfortable and more enjoyable has led to a home improvement boom.   Mentioned in today’s commentary includes:  NeoVolta (OTCQB: NEOV), Tesla (NASDAQ: TSLA), Home Depot (NYSE: HD) and Lowe’s (NYSE: LOW).

The Home Improvement Research Institute predicts Americans will spend $439.9 billion on home improvement products in 2020. The online home remodeling platform Houzz reports that demand for kitchen and bath remodeling was up 40% year over date in June 2020, while home additions increased 52% and fencing projects jumped 166%. Pool and

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Smoking from home: Imperial Brands sees revenue lift from pandemic

LONDON (Reuters) – Demand for cigarettes has picked up in the COVID-19 pandemic, helped by a rise in home working that has given smokers more opportunities to light up, Imperial Brands said on Thursday.

The maker of Gauloises and West cigarettes nudged up its full-year revenue forecast.

A spokesman for the British firm said consumers appeared to be spending more on tobacco as they saved money in other areas, such as travel and holidays, while working from home meant many of them were not restricted by when they could smoke.

The news came as Ladbrokes and bwin owner GVC Holdings raised its annual earnings outlook, helped by a surge in online gaming, in another sign consumers are looking to escape the stresses of the pandemic.

Imperial said it expected full-year net revenue to be broadly flat, with a 1% increase in its tobacco business offsetting a 30% drop in its

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Smoking From Home: Imperial Brands Sees Revenue Lift From Pandemic | Top News

LONDON (Reuters) – Demand for cigarettes has picked up in the COVID-19 pandemic, helped by a rise in home working that has given smokers more opportunities to light up, Imperial Brands said on Thursday.

The maker of Gauloises and West cigarettes nudged up its full-year revenue forecast.

A spokesman for the British firm said consumers appeared to be spending more on tobacco as they saved money in other areas, such as travel and holidays, while working from home meant many of them were not restricted by when they could smoke.

The news came as Ladbrokes and bwin owner GVC Holdings raised its annual earnings outlook, helped by a surge in online gaming, in another sign consumers are looking to escape the stresses of the pandemic.

Imperial said it expected full-year net revenue to be broadly flat, with a 1% increase in its tobacco business offsetting a 30% drop in its

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Steve Kerr sees big improvements from Warriors rookies at minicamp

With Klay Thompson out for the season, Steph Curry only playing five games and Draymond Green also missing significant time, Steve Kerr was forced to play Warriors rookies much more than he anticipated this year. 

All young players hit a bump in the road throughout the Warriors’ lowly 15-50 season. During Golden State’s minicamp in San Francisco which started last week, Kerr already is seeing major improvements both skill wise and mindset wise from his young players.

“The guys who have finished their rookie year, and now looking forward to their second season, there’s a different level of confidence,” Kerr said Monday on 95.7 The Game’s “Damon, Ratto & Kolsky show. “Jordan Poole, Ky Bowman, Eric Paschall … when you get that first one under your belt, I think it’s a lot easier coming back and knowing what to expect.

“All three of them are looking confident and feeling good.” 

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As Summerville park sees improvements, Black residents remember its cultural impact | News

SUMMERVILLE — Years ago, Doty Park near downtown looked drastically different when it was a huge hub for Black residents.

There wasn’t a community center. And baseball fields used to sit where tennis courts now stand. Those fields were typically filled predominately with Black residents from the Alston and Brownsville areas. 

Anthony Pinckney, a 58-year-old native Summerville resident, said his wife ran the concession stand. He used to drive around the park after the baseball fields were replaced, trying to remember the good days.

Louis Smith, another longtime Summerville resident, said being there in the 1980s and ’90s felt like a neighborhood experience.

“You probably had a lot of marriage proposals out there,” he said. “It was a cultural hub of the community.”

For decades, Doty Park was the home to the Carolina Dixie Youth Baseball League. It was a program where Black and White children in large numbers could

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