Trading Ideas
JPMorgan Q1 earnings miss estimates, WellsFargo profit sinks 89% in Q1
Yahoo Finance’s Brian Cheung breaks down how banks are faring over the coronavirus pandemic. …read more […]
Month: April 2020
Trading Ideas
By early 2021 ‘we’ll have about 600-800 million vaccines available’: Johnson & Johnson CFO
Johnson & Johnson’s stock surged on Tuesday after the company released its earnings, surpassing wall street’s estimates amid the coronavirus. Johnson & Johnson CFO Joe Wolk joins Yahoo Finance’s On The Move to break down the latest earnings report and development of the company’s coronavirus vaccine. …read more […]
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The Sirius XM Holdings (NASDAQ:SIRI) Share Price Is Up 30% And Shareholders Are Holding On
It hasn’t been the best quarter for Sirius XM Holdings Inc. (NASDAQ:SIRI) shareholders, since the share price has… …read more […]
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Business News
Wells Fargo profit decimated as coronavirus-led loan defaults loom
Wells Fargo & Co on Tuesday reported a plunge in first-quarter profit as the U.S. bank set aside nearly $4 billion to cover potential losses on loans to consumers and small businesses hurting due to the coronavirus outbreak.
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Amazon’s lawsuit over a $10 billion Pentagon contract lays out disturbing allegations against Trump
Amazon is challenging the Pentagon’s awarding of the $10 billion JEDI cloud contract to Microsoft, alleging Trump’s animus for Amazon caused Pentagon officials, “consciously or subconsciously,” to award the contract to Microsoft. …read more […]
Business News
JPMorgan profit dives as banks brace for coronavirus-led loan defaults
JPMorgan Chase & Co’s profit plunged by more than two-thirds in the first quarter as the largest U.S. bank put aside nearly $7 billion in reserves to protect it from a wave of potential loan defaults in the months ahead.
Business News
Wall Street jumps 2% on hopes of lockdown easing; JPMorgan kicks off earnings
Wall Street rose more than 2% on Tuesday on signs some economies would ease strict coronavirus-induced lockdowns, with investors also looking at quarterly earnings from JPMorgan and Johnson & Johnson for clues on the business hit from the outbreak.
Business News
U.S. import prices post biggest decline in over five years; more to come
U.S. import prices dropped by the most in more than five years in March amid declines in the costs of petroleum products and a range of other goods, pointing to import deflation that could deepen amid the coronavirus pandemic.
Business News
G7 backs debt moratorium for poor countries if G20 creditors, Paris Club join
Group of Seven (G7) finance officials on Tuesday vowed to continue to act as needed to combat the coronavirus pandemic and stabilize the global economy, and threw their support behind a push to provide temporary debt relief to the poorest countries.
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Trump oil deal raises question for Mexico: At what cost?
Mexico’s president has incurred a debt with President Donald Trump by accepting U.S. help to end a standoff over global oil cuts, triggering concern the American president will in return make the country pay on issues like migration and security. President Andres Manuel Lopez Obrador, a leftist oil nationalist, had balked at a demand by the OPEC+ group of oil producing nations to cut output by 400,000 barrels per day. Instead, he offered a cut of 100,000 bpd and said Trump “generously” agreed last week to help Mexico make up the rest. …read more […]
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Trump oil deal raises question for Mexico: At what cost?
Mexico’s president has incurred a debt with President Donald Trump by accepting U.S. help to end a standoff over global oil cuts, triggering concern the American president will in return make the country pay on issues like migration and security. President Andres Manuel Lopez Obrador, a leftist oil nationalist, had balked at a demand by the OPEC+ group of oil producing nations to cut output by 400,000 barrels per day. Instead, he offered a cut of 100,000 bpd and said Trump “generously” agreed last week to help Mexico make up the rest. …read more […]
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When are you getting your coronavirus stimulus check? Here's a new way to find out
Taxpayers have questions about coronavirus stimulus checks. Here’s a look at how to track them, get direct deposit and know how much you’ll get. …read more […]
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How Does Synchrony Financial's (NYSE:SYF) P/E Compare To Its Industry, After The Share Price Drop?
To the annoyance of some shareholders, Synchrony Financial (NYSE:SYF) shares are down a considerable 33% in the last… …read more […]
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