Month: June 2020

Ruling against environmentalists, the U.S. Supreme Court on Monday decided that the federal government has the authority to allow a proposed $7.5 billion natural gas pipeline to cross under the popular Appalachian Trail in rural Virginia. The 7-2 ruling was a victory for Dominion Energy Inc and President Donald Trump’s administration, both of which appealed a lower court ruling that halted construction of the 600-mile (965-km) Atlantic Coast Pipeline, which would run from West Virginia to North Carolina. …read more […]

Yahoo Finance’s Heidi Chung breaks down the details of Hertz’s bankruptcy filings. …read more […]

Broyhill Asset Management, a boutique investment firm based in North Carolina, released its Q1 2020 Investor letter – a copy of which can be downloaded here. Established as a family office, the company invests with a long-term, objective, and rational perspective. You should check out Broyhill Asset Management’s top 5 stock picks for investors to […] …read more […]

Broyhill Asset Management, a boutique investment firm based in North Carolina, released its Q1 2020 Investor letter – a copy of which can be downloaded here. Established as a family office, the company invests with a long-term, objective, and rational perspective. You should check out Broyhill Asset Management’s top 5 stock picks for investors to […] …read more […]

Jonathan Root, Moody’s Investors Service Senior Vice-President, joins Yahoo Finance’s The First Trade to discuss his outlook on the airline industry and more. …read more […]

Mike Bailey, FBB Capital Partners Director of Research, joins Yahoo Finance’s The First Trade to discuss what’s moving the markets around Monday’s opening bell. …read more […]

After 3M emerged in the spotlight for its N95 masks amid the coronaries pandemic, the company’s total sales fell 20% in May. Yahoo Finance’s Emily McCormick joins The First Trade to discuss. …read more […]

Broyhill Asset Management, a boutique investment firm based in North Carolina, released its Q1 2020 Investor letter – a copy of which can be downloaded here. Established as a family office, the company invests with a long-term, objective, and rational perspective. You should check out Broyhill Asset Management’s top 5 stock picks for investors to […] …read more […]

(Bloomberg) — Hertz Global Holdings Inc. warned prospective new stock investors they’re all but certain to be wiped out as the car renter proceeds with an improbable share sale in the midst of bankruptcy proceedings.Equity holders will not see a recovery from any bankruptcy plan unless those with more senior claims, including bondholders, are paid in full, Hertz said in a prospectus Monday. That would require “a significant and rapid and currently unanticipated improvement in business conditions,” the company said.Hertz shares traded down as much as 25% shortly after the start of regular trading, though the stock is still well …read more […]