Trading Ideas
Did You Manage To Avoid Two Harbors Investment's (NYSE:TWO) Devastating 74% Share Price Drop?
For many, the main point of investing is to generate higher returns than the overall market. But even the best stock… …read more […]
Year: 2020
Business News
GM accelerates ‘Project V’ to build ventilators in Indiana
General Motors Co and medical equipment maker Ventec are speeding up efforts under a partnership code-named “Project V” to build ventilators at a GM plant in Kokomo, Indiana, to help combat the coronavirus outbreak.
Business News
U.S. SEC warns against illegal trading during coronavirus disruption
U.S. Securities and Exchange Commission officials on Monday warned corporate insiders against insider trading during the disruptions caused by the coronavirus.
Trading Ideas
Bill Ackman Makes $2.5 Billion ‘Recovery Bet’ Amid Coronavirus Tumble
(Bloomberg) — Activist investor Bill Ackman said he has made a “recovery bet” on the economy, investing $2.5 billion in equities, including upping his positions in several of his portfolio companies and reinvesting in others like Starbucks Corp.The billionaire investor said he has taken off all the hedges that he put in place for his Pershing Square Capital Management, through shorts in the credit market. Those hedges were put in place to offset the effects of the coronavirus, he said.Ackman said his hedge fund has used the proceeds to reinvest over the past 10 to 12 days in several of …read more […]
Business News
U.S. Fed aims ‘bazooka’ to backstop coronavirus-hit economy
The U.S. Federal Reserve on Monday rolled out an extraordinary array of programs to backstop an economy reeling from sweeping restrictions on commerce that scientists say are needed to slow the coronavirus pandemic and ultimately keep more people safe.
Trading Ideas
Bill Ackman on U.S. recession threat: It’s the virus, stupid
As the coronavirus continues to put a strain on global markets, some are concerned that a recession is quickly approaching. Pershing Square Capital CEO Bill Ackman joins Yahoo Finance’s Julia La Roche and Seana Smith to discuss what he thinks of recession fears. …read more […]
Business News
Fed alone can’t stop coronavirus selloff, investors say, as stocks tumble again
The Federal Reserve’s unprecedented stimulus measures did little to brighten Wall Street’s immediate outlook on coronavirus-ravaged stocks, as concerns remained about the lack of a government stimulus package and the ability to contain the pandemic.
Trading Ideas
Business News
PG&E to plead guilty to 84 involuntary manslaughter counts over 2018 wildfire
Pacific Gas & Electric has agreed to plead guilty to 84 involuntary manslaughter counts in connection with the 2018 Camp Fire, the most destructive wildfire in California’s history.
Business News
Historic Fed boost fails to stop Wall Street’s virus driven sell-off
Wall Street’s slide deepened on Monday as the rapidly spreading coronavirus forced more U.S. states into lockdown, overshadowing unprecedented moves by the U.S. Federal Reserve to shore up credit across the economy.
Trading Ideas
NYSE opens without trading floor for first time in 228 years
NYSE executives closed the trading floor to protect employees and prevent the spread of COVID-19. Yahoo Finance’s Ines Ferre joins Zack Guzman to discuss. …read more […]
Business News
Airbus sees airlines seeking to defer or cancel orders
Airbus said in a stock market filing on Monday that customers could seek to cancel or postpone delivery of airliners and helicopters as the coronavirus crisis continues to escalate.
Business News
U.S. banks hand out bonuses to staff as coronavirus crisis intensifies
Some U.S. banks on Monday offered employees one-time bonuses to help ease the financial burden of the coronavirus pandemic and as a reward for working through the crisis.
Trading Ideas
Fed calls third emergency meeting since outbreak, ‘extensive’ measures in the works
The Federal Reserve revealed numerous ‘extensive’ measures that would work to calm corporate debt markets amid the coronavirus outbreak. Quill Intelligence CEO and Director of Intelligence Danielle DiMartino Booth joins Yahoo Finance’s Zack Guzman and Brian Cheung to discuss. …read more […]
Trading Ideas
How to Think About Money… and the Coronavirus
Recent cancellations, closures and orders to shelter in place may seem extreme, but they’re necessary to protect our health and wealth.
Today, Alexander Green explains why compounding – a key factor for investors – is so dangerous when it comes to a disease like COVID-19.
If you invested a penny and it doubled in value every day for 30 days, how much would you have?
Please don’t just keep reading.
Even if you have no idea what the amount might be, go ahead and make a quick estimate. Then jot it down.
I’ll reveal the answer to you shortly. It may surprise you.
But first let …read more […]