Plummeting electricity demand and falling power prices during the coronavirus outbreak could leave EDF in need of a capital injection by the end of 2020 to avoid a spiralling debt crisis, a source close to the French firm and analysts said.
Yahoo Finance’s Alexis Christoforous and Brian Sozzi discuss Netflix’s latest earnings report with Raymond James Analyst Justin Patterson. …read more […]
Saudi Arabia is looking into re-routing millions of barrels of oil onboard tankers sailing to the United States if President Donald Trump decides to block imports of crude from the Kingdom, shipping and trade sources say.
During economic turbulence and bear markets, many investors reallocate their portfolios to take a more defensive stance. Dividend stocks become a smart play—especially Dividend Aristocrats that have a proven history of maintaining that dividend. But what about high dividend stocks? Are these still safe investments in a market that might be trending flat or down in the near-term?
High dividend stocks can be a risky bet without a little investigation—but many times, they’re as safe as any other. Let’s take a look at how to evaluate safe high dividend stocks in a market that’s volatile, trending toward depressed.
What Is a High …read more […]
Earnings season kicked off last week, and market watchers are preparing for the worst. The upcoming release of first quarter financial results is marred by historic levels of uncertainty, with worry looming over Wall Street as investors await a more detailed look at the extent of COVID-19’s impact on profits.JPMorgan quant guru Marko Kolanovic does offer a ray of hope: “Taking into account the unprecedented monetary and fiscal measures being implemented, as well as unprecedented asset declines over the past month, we maintain that asset price recovery is likely and our pre-pandemic equity price target for 2020 is achievable sometime …read more […]
Netflix Inc said on Wednesday it plans to raise about $1 billion in debt, a day after the streaming pioneer doubled its own projections for new customers as stuck-at-home users binged on original shows.
A jump in the price of oil and the promise of more government stimulus to ease the economic pain inflicted by the coronavirus pandemic helped calm global equity markets Wednesday, prompting investors to edge out of perceived safe havens like U.S. Treasuries.
PARIS, Reuters – Air France-KLM AIRF.PA is moving towards a 10 billion-euro ($10.9 billion) government-backed rescue deal, sources said, after France agreed to higher guarantees on loans designed to tide the airline group through the coronavirus crisis.
U.S. stock markets opened higher after a two-day selloff on Wednesday as upbeat quarterly earnings reports lifted sentiment following a record crash in oil prices, although companies warned of more pain in the coming months.
Zoom Video Communications Inc said on Wednesday it was upgrading the encryption features on its video conferencing app to better safeguard meeting data and offer protection against tampering. The new version of the app, Zoom 5.0, will release within the week, the company said in a statement.
Collapsing oil prices may be a warning sign of what is yet to come for the economy, says one energy expert. …read more […]
U.S. Treasury Secretary Steven Mnuchin said on Wednesday most, if not all, of the U.S. economy should be reopened by later in the summer after a devastating shutdown to try to stem the spread of the coronavirus.
The European Commission will next month present a set of rules for the safe reopening of air travel when coronavirus pandemic lockdowns end, including social distancing in airports and planes, the EU’s transport chief said on Wednesday.
Zoom Video Communications Inc said on Wednesday it was upgrading the encryption features on its video conferencing app to better protect meeting data and offer resistance to tampering. The new version of the app, Zoom 5.0, will release within the week, the company said in a statement.
Zoom, which has soared to 200 million daily users from 10 million in less than three months, had faced backlash from users after security researchers found bugs in its codes and the company failing to disclose that its service was not end-to-end encrypted. Zoom said it has made several changes to its user interface, including offering password protection and giving more controls to meeting hosts to check unruly participants. To account for criticism that the company had routed some data through Chinese servers, Zoom said an account admin can now choose data center regions for their meetings. …read more […]
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