Trading Ideas
Here's Why We're Not Too Worried About Geron's (NASDAQ:GERN) Cash Burn Situation
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made… …read more […]
Month: April 2020
Trading Ideas
'Everything just changed so drastically': Veteran trucker describes 'chaos' after coronavirus
A veteran truck driver describes life on the road during the coronavirus pandemic. …read more […]
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Bitcoin Cash just went through its first halving
Bitcoin Cash (BCH), one of bitcoin’s forks and the fourth-largest cryptocurrency by market capitalization, has just undergone its first halving at block number 630,000.The post Bitcoin Cash just went through its first halving appeared first on The Block. …read more […]
Business News
Spirit AeroSystems halts production for Boeing jets indefinitely
Spirit AeroSystems , Boeing’s top supplier, said on Wednesday it had stopped production for the planemaker for an indefinite period and would furlough workers supporting Boeing programs in Kansas and Oklahoma.
Business News
Tesco defends dividend payout as warns coronavirus costs could top $1 billion
Tesco has defended its decision to pay investors a 635 million pound ($782 million) dividend while accepting business tax relief from the British government aimed at helping distressed retailers through the coronavirus crisis.
Business News
Zoom sued for overstating, not disclosing privacy, security flaws
Zoom Video Communications Inc was slapped with a class action suit by one of its shareholders on Tuesday, accusing the video-conferencing app of overstating its privacy standards and failing to disclose that its service was not end-to-end encrypted.
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Business News
SoftBank-backed Oyo furloughs some U.S. workers as coronavirus hits revenue
SoftBank-backed Oyo Hotels and Homes is furloughing some employees to cut costs, it said on Wednesday, as lower travel due to the coronavirus pandemic slams the hospitality industry.
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Saudi Crude Oil Armada Heads for U.S.
(Bloomberg) — On the final day of March, the supertanker Newton, loaded with crude from Saudi Arabia, did something rarely seen in the world of oil trading: it abruptly diverted from its original destination, Egypt, setting sail for the U.S. Gulf Coast instead.The Newton is just part of a flood of Saudi crude that’s headed for the U.S., with oil prices near the lowest levels in almost two decades. And it occurs as President Trump’s administration considers tariffs on imports of oil from OPEC’s largest producer.Saudi crude exports to the U.S. in March jumped to at least 516,000 barrels a …read more […]
Business News
Fiat Chrysler in talks with unions for production restart in Italy
Fiat Chrysler (FCA) and unions are discussing plans for beefed-up health measures at Italian plants to pave the way for most profitable production to restart as soon as the government eases a national lockdown, unions said on Wednesday.
Business News
Global stocks turn negative as virus death toll mounts
World stocks turned negative on Wednesday as the coronavirus death toll mounted and euro zone finance ministers failed to agree a rescue package to help economies recover from the impact of the outbreak.
Trading Ideas
A Rising Share Price Has Us Looking Closely At Continental Resources, Inc.'s (NYSE:CLR) P/E Ratio
Those holding Continental Resources (NYSE:CLR) shares must be pleased that the share price has rebounded 48% in the… …read more […]
Trading Ideas
Does Abiomed (NASDAQ:ABMD) Deserve A Spot On Your Watchlist?
Like a puppy chasing its tail, some new investors often chase ‘the next big thing’, even if that means buying ‘story… …read more […]
Business News
OECD says leading indicators flag biggest monthly drop on record
Major economies are seeing the biggest monthly slump in activity ever amid the coronavirus crisis and no end is in sight without clarity about how long lockdowns will last, the Organisation for Economic Cooperation and Development said on Wednesday.
Trading Ideas
A quirky post-crisis stock market trend has flipped: Morning Brief
Top news and what to watch in the markets on Wednesday, April 8, 2020. …read more […]