Trading Ideas
Year: 2020
Trading Ideas
Column: When should you get excited about a coronavirus vaccine? Not yet
The stock market is euphoric over news of a possible coronavirus vaccine. But for now, you shouldn’t be. …read more […]
Business News
Disney’s streaming chief Mayer to become TikTok CEO
Walt Disney Co’s top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become the chief executive officer of Chinese company ByteDance Technology Co’s popular video app TikTok, the companies said on Monday.
Trading Ideas
Stocks Amid COVID-19 Outbreak: Winners So Far in the Health Industry
At its worst on March 23rd, Dow Jones and the S&P declined by around 37% and 34%. At the time, those kinds of numbers represented a loss of a 3-year gain since Trump’s election in November of 2016. Measured by VIX, market volatility spiked by 43% in March, reaching levels that are comparable to the […] …read more […]
Business News
Coronavirus vaccine from Moderna appears safe, shows promise in data from eight people
Moderna Inc’s experimental COVID-19 vaccine, the first to be tested in the United States, produced protective antibodies in a small group of healthy volunteers, according to very early data released by the biotech company on Monday.
Business News
NIBC says it will pay 2019 dividend to Blackstone to ensure acquisition
Dutch bank NIBC Holding NV said late on Monday it has agreed to pay its 2019 dividend to its proposed buyer, U.S. equity firm Blackstone Group Inc , before the deal settles, in order to remove one hurdle to the proposed 1.36 billion-euro ($1.47 billion) takeover.
Business News
Disney’s Mayer to become TikTok CEO
Walt Disney Co said on Monday its top streaming executive, Kevin Mayer, will leave to become the Chief Executive Officer of Bytedance’s popular video app TikTok.
Business News
Square joins Twitter in letting employees work from home permanently
Jack Dorsey-led Square Inc said on Monday that most of its employees can continue to work from home permanently even after offices reopen, following a similar announcement from Twitter Inc, which is also headed by the billionaire.
Trading Ideas
Coronavirus latest: Monday, May 18
On Monday, Moderna announced that its coronavirus vaccine, mRNA-1273, had seen very strong, positive data from its phase 1 clinical studies. Yahoo Finance’s Anjalee Khemlani joins The Final Round to break down the latest news about the coronavirus. …read more […]
Business News
Supplier restarts flow of critical truck parts to Detroit automakers
Dana Inc , a key supplier of truck parts to Detroit automakers, restarted its Toledo plant Monday on a single shift, with one-third of its 750-person workforce and less than 1% absenteeism, according to plant manager Craig Zimmerly.
Trading Ideas
As flying returns, jetmakers seek to quell fears over cabin air
Boeing has appointed former engineering and development chief Mike Delaney to head wider efforts to build confidence, and Airbus leaders say the industry is moving from an initial crisis phase to securing public trust. Health officials are still quantifying various sources of transmission for COVID-19 disease caused by the virus, but attention focuses on the risk of catching it from airborne droplets from coughing or sneezing passengers as well as from touching infected surfaces. “It’s about explaining what we do for the safety of passengers in the large sense: aircraft safety but also sanitary …read more […]
Business News
Global shares, oil rally on vaccine hopes, lockdown easing
A gauge of global equity markets surged almost 3% on Monday and oil rallied to highs last seen in mid-April as data from an early-stage trial for a coronavirus vaccine lifted hopes of a faster recovery from the pandemic-driven economic slump.
Business News
S&P 500 closes at 10-week high on vaccine hopes, stimulus pledge
U.S. stocks jumped on Monday, and the S&P 500 closed at a 10-week high, on encouraging early-stage data for a potential coronavirus vaccine and on the promise of more stimulus to lift an economy beaten down by the pandemic.
Business News
Trump says should be possible to allow PPP borrowers more time to use loans
U.S. President Donald Trump said on Monday extending the amount of time borrowers in the Paycheck Protection Program have to spend their funds to 24 weeks from the current eight weeks “should be easy.”
Business News
As flying returns, jetmakers seek to quell fears over cabin air
Jet manufacturers and airlines are launching an urgent initiative to convince nervous travelers that the air they breathe on planes is safe, believing this is critical to rebuilding a travel industry floored by the novel coronavirus.