Trading Ideas
The stock market is crashing and we're in a recession. Can I still retire?
I had planned on retiring this October. But with all this stock market crash and recession stuff, I’m not sure I can or should. …read more […]
Year: 2020
Trading Ideas
Did Devon Energy Corporation (NYSE:DVN) Insiders Buy Up More Shares?
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are… …read more […]
Trading Ideas
Some Halliburton Company (NYSE:HAL) Analysts Just Made A Major Cut To Next Year's Estimates
The latest analyst coverage could presage a bad day for Halliburton Company (NYSE:HAL), with the analysts making… …read more […]
Trading Ideas
Coca-Cola beats on earnings but the coronavirus is now wreaking havoc on the soda giant
Coca-Cola’s earnings are out. Here’s everything you need to know. …read more […]
Trading Ideas
Oil's rout isn't over as coronavirus pushes crude players to the brink of 'blowing up'
U.S. crude’s unprecedented rout on Monday was a harbinger for prices that will likely continue to “fall off a cliff” as the coronavirus suppresses global demand. …read more […]
Trading Ideas
Coca-Cola sees second quarter sales hit from coronavirus lockdown
The rapid spread of the novel coronavirus, which was first detected in the Chinese city of Wuhan last December, has claimed the lives of nearly 170,000 across the globe and has forced restaurants, grocers, sports arenas and entertainment venues to shut doors. The Atlanta-based beverage maker, which last month said it would not be able to reach this year’s financial goals, now expects current-quarter comparable revenue to include a 4% to 5% hit from a stronger dollar. Excluding one-time items, Coke earned 51 cents per share, beating market consensus estimate of 44 cents, according to IBES data from …read more […]
Business News
LSE says no plans to revisit savings target from Refinitiv deal
The London Stock Exchange said it has no plans to change its targets for synergies from its planned $27 billion takeover of data and analytics company Refinitiv.
Business News
London Stock Exchange committed to Refinitiv deal in pandemic-hit markets
The London Stock Exchange said on Tuesday it was committed to completing its $27 billion takeover of data company Refinitiv in the second half of the year, with no plans to revise its savings targets for the deal as a deep recession beckons.
Business News
South Korea’s Asiana to get $1.4 billion liquidity from state banks
South Korea’s two state-owned banks said on Tuesday they will provide up to 1.7 trillion won ($1.4 billion) in fresh liquidity to Asiana Airlines , the country’s second-largest carrier, as the industry struggles with the coronavirus crisis.
Business News
Corporate America seeks legal protection for when coronavirus lockdowns lift
Major U.S. business lobbying groups are asking Congress to pass measures that would protect companies large and small from coronavirus-related lawsuits when states start to lift pandemic restrictions and businesses begin to reopen.
Trading Ideas
Earnings forecasts will still be 'too high' after first quarter washout: Morning Brief
Top news and what to watch in the markets on Tuesday, April 21, 2020. …read more […]
Trading Ideas
IBM Beats Quarterly Profit Estimates, Suspends 2020 Guidance
IBM Corp reported a better-than-estimated profit in the first quarter driven by sales of its cloud computing business. However revenue came in slightly below forecast as the company withdrew its 2020 guidance.In the first three months of the year, net income declined to $1.18 billion, or $1.31 per share, from $1.59 billion, or $1.78 per share, in the year-ago period. Adjusted EPS amounted to $1.84 per share, above the $1.80 per share estimates. Total revenue declined 3.4% to $17.57 billion during the same period, coming slightly below analysts’ estimates of $17.62 billion.IBM said its key areas of investment will continue …read more […]
Trading Ideas
Oil price turmoil set to continue
Coronavirus downturn has put major pressure on oil prices with demand slumping and storage running out. …read more […]
Business News
Oil crash hits stocks, dollar gains as investors shun risk
Global stocks fell on Tuesday, a day after U.S. crude oil prices turned negative for the first time, as dismal company earnings reports underlined worries about economic damage from the coronavirus pandemic.
Business News
South Korea state banks to provide up to $1.4 billion liquidity to Asiana Airlines
South Korea’s two state-owned banks said on Tuesday they had together decided to provide up to 1.7 trillion won ($1.38 billion) in fresh liquidity to Asiana Airlines which is struggling with the impact of the coronavirus.