Year: 2020

Verizon Communications Inc. (NYSE:VZ) stock is about to trade ex-dividend in 4 days time. You will need to purchase… …read more […]

Toll Brothers, Inc. (NYSE:TOL) stock is about to trade ex-dividend in 3 days time. If you purchase the stock on or… …read more […]

Fate Therapeutics, Inc. (NASDAQ:FATE) shareholders will have a reason to smile today, with the analysts making… …read more […]

A WiMi IPO was first announced in June 2019. Now, during the coronavirus outbreak, WiMi decided to launch its IPO. And WiMi stock hit the market with success.
Here’s what we know…
WiMi IPO: The Business

WiMi Hologram Cloud (Nasdaq: WIMI) is a Chinese tech company founded in 2015. It offers augmented reality (AR)-based holographic services and products. Currently, the company has advertising services and entertainment products. It aims to provide “an innovative, immersive and interactive holographic augmented reality experience for [its] customers.”
Platforms such as Google and Apple now have tools that make access to AR content easier. According to Frost and Sullivan, …read more […]

General Dynamics Corporation (NYSE:GD) stock is about to trade ex-dividend in 3 days time. This means that investors… …read more […]

The federal government has moved the tax filing deadline from April 15 to July 15 due to the novel coronavirus pandemic, and Americans can even file for an extension beyond that to Oct. 15. But they should do so with caution. …read more […]

OPEC and Russia have postponed a meeting planned for Monday until later next week, OPEC sources said on Saturday, as a row intensified between Moscow and Saudi Arabia over who is to blame for plunging oil prices. The meeting’s delay came despite pressure from U.S. President Donald Trump for the Organization of the Petroleum Exporting Countries and allies, known as OPEC+, to urgently stabilise global oil markets. OPEC+ is working on an unprecedented oil output curb equal to about 10% of world supply, or 10 million barrels per day, in what member states expect to be a global …read more […]

(Bloomberg) — Russia would target a 1 million barrel-a-day cut in any new deal with other key oil producers, on condition the U.S. joins cuts, according to four people familiar with the sentiment in the industry.The country’s President Vladimir Putin, who said that a reduction in global oil production of about 10 million barrels a days is possible and the nation is ready to participate in this “on a partnership” basis, won’t agree for Russia to take more than one-tenth of the global cuts, according to one of the people, who spoke on condition of anonymity because the matter isn’t …read more […]

Saudi Arabia sharply criticized Russia on Saturday over what it described as Moscow blaming the kingdom for the collapse in global energy prices, showing the tensions ahead of an emergency meeting of OPEC and other oil producers. Oil prices sharply fell after the so-called OPEC+ group of countries including Russia failed to agree to production cuts in early March. A price war began soon after, with Saudi Arabia threatening to pump at a record-breaking pace to seize back market share even as the coronavirus pandemic saw demand sharply drop as airlines worldwide halted flights. …read more […]

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(Bloomberg) — To outsiders, the oil trade of the day is so astonishing that even President Donald Trump sounded flabbergasted when he described it.“There’s oil all over the oceans right now. That’s where they are storing oil; we have never seen anything like that,” Trump said this week from the podium of the White House. “Every ship is now loaded to the gills.”With oil demand in freefall, traders are resorting like never before to using the world’s fleet of supertankers as temporary floating storage facilities, filling them with millions of unsold barrels until better times. It’s an unusual trade, but …read more […]