Walt Disney Co’s video streaming service, Disney+, will launch in India on April 3 through its local partner Hotstar, the Economic Times reported https://economictimes.indiatimes.com/magazines/panache/amidst-lockdown-disney-plus-makes-it-way-to-india-users-can-start-streaming-from-april-3/articleshow/74913298.cms on Tuesday.
Wall Street was set to open lower on Tuesday, with the S&P 500 headed for its worst first quarter since 1938 as evidence grew of the scale of the damage caused by the collapse in oil prices and business activity due to the coronavirus.
The U.S. Transportation Department on Tuesday proposed minimum flight requirements for passenger airlines receiving aid from the government’s $50 billion grant and loan fund.
The International Monetary Fund said on Tuesday its board approved a new, three-year framework for bilateral borrowing agreements, ensuring that its full $1 trillion lending capacity will be maintained as member countries battle pressures from the coronavirus outbreak.
The analysts covering Hertz Global Holdings, Inc. (NYSE:HTZ) delivered a dose of negativity to shareholders today, by… …read more […]
Perhaps you’ve heard that portfolio diversification helps protect investors from risk. If so, are you wondering how diversification protects investors?
For starters, we need to understand what we mean by diversifying our portfolio to hedge against risk. Diversifying your portfolio simply means investing in a variety of different types of assets.
Two Different Types of Risk
When you invest in a financial asset, you take on risk. This may sound like a bad thing. But it isn’t. Because without risk, there would be virtually no reward.
The more risk we take on when investing, the higher the potential return we have in the long …read more […]
(Bloomberg) — Cruise line operator Carnival Corp. is turning to all corners of the capital markets to raise $6 billion of cash after the Covid-19 pandemic halted travel, bringing its business to a near standstill.The company is tapping bond investors on both sides of the Atlantic with a $3 billion sale of secured notes in U.S. dollars and euros, according to people with knowledge of the matter who asked not to be identified because the details are private. The new notes will be secured by a first-priority claim on the company’s assets and mature in three years, the people said.Carnival …read more […]
British American Tobacco (BTI) said on Tuesday it priced a debt offering of $2.4 billion notes and intends to use the proceeds for general business purposes, including paying off upcoming maturities.The maker of Lucky Strike and Dunhill cigarettes said it expected the issuance to close on April 2.“COVID-19 is developing rapidly. We are fortunate that our business is resilient and is supported by a geographically diversified supply chain from both a manufacturing and distribution standpoint,” British American Tobacco Chief Executive Officer Jack Bowles said on March 18. “As yet, we have seen no material impact.”With a Buy rating from …read more […]
J. Kim became the CEO of Inovio Pharmaceuticals, Inc. (NASDAQ:INO) in 2009. This analysis aims first to contrast CEO… …read more […]
DHT Holdings, Inc. (NYSE:DHT) shareholders will have a reason to smile today, with the analysts making substantial… …read more […]
Market forces rained on the parade of Delta Air Lines, Inc. (NYSE:DAL) shareholders today, when the analysts… …read more […]
The longest bull market in U.S. history has come to an end. Stock buybacks have helped fuel the stock market but with this recession, companies are tightening their purse strings. Airlines, banks and other companies have already announced cutting back. President Trump has also put downward pressure on repurchases…
I am fine with restricting buybacks. In fact, I would demand that there be no stock buybacks. I don’t want them taking hundreds of millions of dollars and buying back their stock.
Buybacks get a lot of negative press but they aren’t inherently bad. Like all tools, it depends on how you use …read more […]
Today is shaping up negative for California Resources Corporation (NYSE:CRC) shareholders, with the analysts… …read more […]
The Federal Reserve has moved into overdrive to try to keep the U.S. economy from suffering lasting damage from the coronavirus pandemic, announcing an emergency interest rate cut on March 3 and rolling out new efforts almost weekly since, including slashing rates to zero and relaunching large-scale asset purchases.
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