Month: October 2020

(Bloomberg) — Oil extended gains after House Speaker Nancy Pelosi said a stimulus deal is close to being reached in Washington.Futures in New York rose as much as 2.2% on Thursday. Pelosi said the two sides are “just about there” and progress has been made all week in talks. Meanwhile, the number of Americans filing for unemployment benefits fell more than expected, pointing to a gradual recovery in the labor market.The labor market data brings about the idea that “people are going back to work even with some renewed lockdowns,” said Michael Lynch, president of Strategic Energy & Economic Research. …read more […]

Current head of Chubb Canada, Ellen Moore, appointed Chair of Canadian Operations, will retire at the end of the year; John Alfieri to assume role of President, Chubb Canada. WHITEHOUSE STATION, N. …read more […]

UPDATED with CEO comments. AT&T said 8.6 million customers activated their access to streaming service HBO Max in the third quarter, more than double the 4.1 million reported in the previous quarter. The company edged Wall Street analysts’ estimates overall in the quarter, with total revenue of $42.3 billion and adjusted earnings per share of […] …read more […]

/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./VANCOUVER, BC, Oct. …read more […]

New innovations in artificial intelligence and machine learning have left an existential question to the workers: When does coding software replace the need for coders themselves? …read more […]

Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Anjalee Khemlani discuss today’s FDA meeting about COVID-19. …read more […]

Volatility trading is different from other types of trading, yet it can be a profitable form of playing the stock market for those interested in pursuing it. Everyday trading tends to focus on the price of stocks. But volatility trading focuses on just what its name implies – volatility in the markets and in the price of a stock.
When we talk about volatility, we’re talking about the price movement of a stock or of a market. The higher the level of volatility, the more movement in the price. This movement can be in either direction: up or down.
In this article, …read more […]

Today we will run through one way of estimating the intrinsic value of GreenPower Motor Company Inc. (CVE:GPV) by… …read more […]

Yahoo Finance’s Emily McCormick joins The First Trade with Alexis Christoforous and Brian Sozzi to discuss recent earnings reports from AT&T, Kimberly-Clark and Coca-Cola. …read more […]

Here are some of Rigzone’s top upstream stories during the last week, just in case you missed them… …read more […]

Southwest Airlines CEO Gary Kelly says the airline must expand to new destinations to remain competitive after reporting Q3 earnings. …read more […]

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(Bloomberg) — Coca-Cola Co. sales are inching back toward normal, even as it warns a resurgent virus could continue to muddle near-term results.Global unit case volume was down 4% in the third quarter as the restaurants and entertainment venues that make up about half of revenues aren’t yet back to normal. Still, that’s far better than the second quarter when volume fell 16%. Some increase in at-home consumption has helped offset the problems in public spaces.“While many challenges still lie ahead, our progress in the quarter gives me confidence we are on the right path,” Chief Executive Officer James Quincey …read more […]

It said the practice of keeping middle seats open had bridged it from the early days of the pandemic, “when we had little knowledge about the behavior of the virus, to now.” American and rival United Airlines have been selling all available seats, while Delta Air Lines is blocking middle seats through early January. American Airlines said it expects its cash burn rate to fall to about $25 million to $30 million a day in the fourth quarter from about $44 million per day in the third quarter and $58 million per day in the second. …read more […]