Global stocks and crude prices were set to extend gains in Asia on Wednesday on confidence that government steps to restart economies will bring back growth and demand for oil.
Editor’s Note: Today, organizations around the world are celebrating #GivingTuesdayNow – a day of giving that hopes to rise to the needs of communities that are fighting COVID-19.
On this special day, Wealthy Retirement‘s publisher, The Oxford Club, would like to invite you to join us in protecting one of the world’s most vulnerable communities from the effects of the deadly virus.
You may have heard us mention The Roberto Clemente Health Clinic as an organization that’s near and dear to our hearts. This clinic supports Nicaragua’s southwestern coastal communities with medical care, education and outreach. And today, it needs our help …read more […]
It is no secret, US airplane giant Boeing (BA) has suffered badly at the hands of COVID-19, with one piece of bad news following the other. But with Boeing shares still down by 60% year-to-date, might now be the right time to pull the trigger on BA stock?Not quite, says Canaccord’s Kenneth Herbert. The 5-star analyst believes there are too many variables to consider and expects Boeing’s commercial services business to drop by more than 50% in 2Q20 and “likely at very depressed levels for the rest of 2020.”It should come as no surprise, then, that Herbert rates Boeing shares …read more […]
Monopoly was first published by Parker Brothers in 1935.
That was 85 years ago…
And yet it’s still accurately predicting the moves in today’s stock market.
As crazy as it sounds… it’s 100% true.
How on earth can this be possible?
I explain it all for you in this week’s installment of Trade Talk Tuesdays.
Be prepared to have your mind blown.
Check it out by clicking the play button below!
For instructions on how to play picks like this, join me in The War Room!
The post This 85-Year-Old Board Game Is Still Predicting Market Moves appeared first on Investment U. …read more […]
Wall Street’s main indexes gained on Tuesday as healthcare stocks rallied, oil prices surged and a number of countries and U.S. states eased coronavirus-induced restrictions in an attempt to revive their economies.
Mattel Inc will have a new line of “Baby Yoda” toys ready to hit shelves in time for Christmas, the company said on Tuesday, even as it predicted a steep drop in second-quarter sales due to the coronavirus lockdowns.
(Bloomberg) — Norwegian Cruise Line Holdings Ltd. sold a larger-than-expected $675 million of junk bonds that have a pledge on the company’s vessels and islands as it seeks to raise as much as $2 billion from a broader financing to survive the travel industry shutdown.The cruise line operator priced the four-year secured bonds, which were increased from $600 million, at a coupon of 12.25% and a discount of 99 cents on the dollar for an all-in yield of 12.575%, according to people with knowledge of the transaction. The bond was earlier offered with a coupon of 12.25% to 12.5% with …read more […]
Spirit AeroSystems Holdings said on Tuesday it has reached an agreement with Boeing Co to deliver 125 737 MAX shipsets to the planemaker in 2020, down from the 216 it had previously announced.
U.S. airlines are collectively burning more than $10 billion in cash per month and averaging fewer than two dozen passengers per domestic flight in the wake of the coronavirus pandemic, industry trade group Airlines for America said in prepared testimony seen by Reuters ahead of a U.S. Senate hearing on Wednesday.
Occidental Petroleum Corp on Tuesday swung to a first quarter loss on writedowns and charges, and the troubled U.S. oil producer cut its budget for the third time since March in response to a historic oil-price crash.
After Elon Musk tweeted he was “selling almost all [my] physical possessions,” to his 33.6 million Twitter followers late last week, many chalked up the bold pledge as par-for-the-course blustering from the full-time Twitter troll and tech tycoon.But now it appears the Tesla and SpaceX chief was actually quite serious. He’s already listed two of his six homes in L.A.’s Bel Air neighborhood, asking $30 million for his longtime main residence and $9.5 million for a much smaller home across the street, which was previously utilized as a private schoolhouse for his children. Both homes are listed as “for sale …read more […]
On Tuesday, shares of rental car company Hertz fell more than 14% after it disclosed that it received approval from its lenders to continue negotiations through May 22 to “develop a financing strategy and structure that better reflects the economic impact” of COVID-19. …read more […]
The U.S. economy could start to recover in the second half of the year after what is shaping up to be the worst recession in decades, but growth is likely to be slow and uneven, several top Federal Reserve policymakers indicated on Tuesday.
Disney reported its 2020 Q2 earnings on Tuesday, and the closure of its parks was in focus. Shanghai Disneyland will reopen May 11, but the rest of the parks remain shuttered. …read more […]
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