Oil prices were mixed on Monday, as the historic production-cut deal inked by major global oil producers was not enough to assuage existing worries about the demand destruction brought on by the coronavirus pandemic.
J.C. Penney continues to be hit by the ugly stick from various ratings agency. It’s with good reason. …read more […]
U.S. Treasury officials have asked airlines seeking money from a $25 billion fund for payroll support to provide detailed information on their capital structure, liquidity and collateral, people briefed on the matter said.
White House spokesman Hogan Gidley says “President Trump is not firing Dr. Fauci,” after President Trump retweeted a call to fire the director of the National Institute of Allergy and Infectious Diseases. Former White House Medical Unit Physician for Obama, Biden and Pence, Dr. Jennifer Pena, joins Yahoo Finance’s Seana Smith to discuss. …read more […]
Shares of Luckin Coffee Inc (NASDAQ:LK) were halted last week for pending news. At the time of this writing, the stock had not resumed trading, and it’s unclear what the pending news is. However, there are some possibilities. Luckin Coffee stock halted: chairman, CEO default On Monday, a press release issued by Goldman Sachs said […] …read more […]
Experts have used a variety of data models to predict the impact of COVID-19 on global health and wealth.
But, as Alexander Green explains today, many of those early predictions have been way off.
I keep hearing from readers who think the stock market has lost its mind.
“How can the Dow rally 5,400 points over the last three weeks,” one reader asked, “when the coronavirus and its economic impact are even worse than expected?”
The stock market is a leading indicator. To understand it, you have to look forward, not back.
Second quarter GDP growth is going to be a train wreck, perhaps the …read more […]
The U.S. Treasury Department is holding firm on the terms of a $25 billion offer for government aid to airlines to help them meet payroll during the coronavirus downturn, officials said on Monday, and the plan could give the government more than 3% of American Airlines Group Inc .
Annandale Capital CEO George Seay joins Yahoo Finance’s Zack Guzman to discuss how the coronavirus is impacting the economy as big banks kick off earnings season on Tuesday. …read more […]
And just like that, Novavax (NVAX) is back in the spotlight. Gaining a whopping 328% since the start of 2020, the healthcare company has consistently attracted attention from market watchers, primarily thanks to its efforts to develop a vaccine against COVID-19. The latest reason for its appearance on Wall Street’s radar? Its vaccine development program’s giant leap forward.On April 8, the company announced that it had identified a lead COVID-19 vaccine candidate. The experimental vaccine, NVX-CoV2373, is a prefusion protein created using NVAX’s patented lipid nanoparticle platform, with a Phase 1 first-in-human study set to begin in mid-May. As a …read more […]
General Electric Co offered on Monday to buy back at least $9 billion in debt as part of a plan to cut its financial risk and manage liquidity in response to the downturn in business caused by the coronavirus pandemic.
Ford Motor Co said on Monday it is producing face masks at a Michigan plant to protect its workers from the coronavirus pandemic and is seeking to have those masks certified for medical use.
Today we’ll take a closer look at SM Energy Company (NYSE:SM) from a dividend investor’s perspective. Owning a strong… …read more […]
Even when a business is losing money, it’s possible for shareholders to make money if they buy a good business at the… …read more […]
Yahoo Finance’s Jared Blikre breaks down the latest market. He joins Yahoo Finance’s On The Move to discuss. …read more […]
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