Year: 2020

Alcohol stocks may appear to be a good play in the age of Covid-19. After all, everyone’s stuck home with little to do beyond eating, drinking and watching Tiger King. It certainly is reasonable to think that under these circumstances, the alcohol industry could see a bit of a boon.
Before we look at the situation the alcohol industry finds itself in right now, let’s take a look at the alcohol industry and how alcohol stocks have been doing prior to Coronavirus.

The Alcohol Industry
An alcohol stock is a sin stock. That means it belongs to an industry that many people find …read more […]

Make sure you have three financial accounts to manage your money: Savings, checking, and retirement. They work together to provide security. …read more […]

Americans have received conflicting information on when they will receive stimulus checks. But there’s good news: checks will hit their bank accounts soon. …read more […]

…read more […]

Oil and natural gas stock Chesapeake Energy (CHK) has announced that the company’s expected reverse stock split is set to occur on April 13, subject to shareholder approval.With shares now trading at just $0.17, the reverse split is intended to increase the per share trading price to satisfy the $1 minimum bid price requirement for continued listing on the NYSE.As a result of the reverse stock split, every 50 to 200 (as determined by the company’s board) shares of CHK’s common stock will automatically combine into one share, and the number of shares of common stock outstanding will be accordingly …read more […]

…read more […]

…read more […]

(Bloomberg) — U.S. Vice President Mike Pence and one of the top U.S. health officials said reopening the country’s economy hinges on the government seeing major communities at the end of their coronavirus outbreaks and developing treatments for the disease, among other hurdles. U.K. Prime Minister Boris Johnson was taken out of intensive care Thursday evening and moved back to the main hospital ward.The number of confirmed cases has reached nearly 1.6 million globally as of April 10, according to data collected by Johns Hopkins University and Bloomberg News. U.S. cases now stand at 461,437 compared to Spain with 153,222 …read more […]