Trading Ideas
Dropbox, Inc. (NASDAQ:DBX) Is Expected To Breakeven
Dropbox, Inc.’s (NASDAQ:DBX): Dropbox, Inc. provides a collaboration platform worldwide. On 31 December 2019, the… …read more […]
Year: 2020
Business News
Morgan Stanley profit plunges 32% on COVID-19 impact
Morgan Stanley posted a 32% fall in quarterly profit on Thursday as its advisory and wealth management businesses took a hit from the economic fallout of the COVID-19 pandemic.
Business News
Volkswagen withdraws 2020 outlook after renvenue drop 8% in first quarter
Volkswagen Group on Thursday said that it was withdrawing its outlook for 2020 amid uncertainty related to the coronavirus outbreak which caused a fall in demand and group revenue to drop 8% in the first quarter of this year.
Business News
Daimler/BMW’s ‘FREE NOW’ service to restructure, integrate French app Kapten
The ‘FREE NOW’ taxi ride-hailing service run by Daimler and BMW announced on Thursday a corporate restructuring, which could lead to job cuts, and unveiled plans to merge with French app Kapten.
Business News
Options markets send cautiously bullish signal on U.S. stock rally
As Wall Street stocks pause for breath following a blistering three-week surge, signals from the options market are suggesting that some investors believe the gains may endure.
Trading Ideas
Novavax To Commence Australia’s First COVID-19 Vaccine Trial
As part of the urgent global race to tackle the coronavirus outbreak, Novavax (NVAX) is due to commence Phase 1 testing for its SARS-CoV-2 vaccine, NVX-CoV2373, within the coming weeks.According to the statement, this is the third confirmed global Covid-19 vaccine trial and the first in Australia.“The urgent global race to develop a vaccine against the COVID-19 pandemic drove our rapid identification and selection of an optimal, highly immunogenic vaccine candidate,” said Stanley C. Erck, President and CEO of Novavax.The Phase 1 in-human trial of NVX-CoV2373 is expected to begin in mid-May with preliminary immunogenicity and safety results in July, …read more […]
Trading Ideas
What Is Citigroup Inc.'s (NYSE:C) Share Price Doing?
Citigroup Inc. (NYSE:C) saw a significant share price rise of over 20% in the past couple of months on the NYSE. With… …read more […]
Trading Ideas
The first jaw-dropping piece economic data might be peaking: Morning Brief
Top news and what to watch in the markets on Thursday, April 16, 2020. …read more […]
Business News
Ford’s first-quarter China vehicle sales down 35% as coronavirus hits demand
Ford Motor Co said on Thursday that its China vehicle sales in the first three months this year fell 34.9% from a year earlier to 88,770 units, as the novel coronavirus epidemic hit demand in the world’s biggest auto market.
Business News
German carmakers to resume production as lockdowns ease
German carmakers including Volkswagen and Mercedes-Benz will restart production at some German factories next week after the country eased restrictions designed to contain the coronavirus outbreak.
Business News
Oil prices recover from sharp losses caused by U.S. stockpile surge
Oil prices ticked up on Thursday after sharp losses in the previous session, with investors hoping that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand.
Business News
Etihad has full support of state owner, will resume flights in May: CEO
Abu Dhabi’s Etihad Airways has the full support of its state shareholder as it plans a partial resumption of passenger flights from May 1, its chief executive Tony Douglas said on Thursday.
Business News
No end in sight yet for Amazon shutdown in France
Amazon has no clarity yet on when its warehouses in France might reopen, the head of its French business said on Thursday, after the e-commerce giant clashed with unions over the measures taken to limit the risks of coronavirus contagion.
Trading Ideas
Abbot Labs Rolls Out Coronavirus Antibody Test, Seeks to Produce 20 Million Tests by June
Abbott Laboratories (ABT) said it is rolling out a laboratory-based blood test which can detect antibodies designed to identify whether someone has had the coronavirus strain Covid-19. The digital device maker is planning to ramp up manufacturing to produce 20 million tests by June.Shares of the healthcare company, which is scheduled to report first-quarter earnings on Thursday, rose 2% to $90.94 a share, while the NYSE Composite Index dropped 2.9%. Analysts expect Abbott to earn an average 58 cents per share in the quarter.The company announced that it expects to ship close to 1 million tests this week to hospitals …read more […]
Trading Ideas
Amazon’s lawsuit over a $10 billion Pentagon contract lays out disturbing allegations against Trump: Tech
Weekly highlight of Yahoo Finance’s top tech news, features and analyses. …read more […]