Year: 2020

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Trading Ideas

Ford Suspends Dividend, Draws $15.4 Billion From Credit Lines

March 19, 2020 admin Comments Off on Ford Suspends Dividend, Draws $15.4 Billion From Credit Lines

(Bloomberg) — Ford Motor Co. suspended the dividend that management repeatedly vowed to maintain even through a downturn as a global pandemic forces the struggling automaker to protect its cash reserves.The company took the step to prioritize financial flexibility and investments in new-product launches this year, according to a statement. Ford also will fully draw $15.4 billion from two credit lines and retracted the 2020 earnings guidance it gave investors Feb. 4.“While we obviously didn’t foresee the coronavirus pandemic, we have maintained a strong balance sheet and ample liquidity so that we could weather economic uncertainty and continue to invest …read more […]

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Trading Ideas

Blue Apron Extends 1,100% Surge to Highest Level Since 2018

March 19, 2020 admin Comments Off on Blue Apron Extends 1,100% Surge to Highest Level Since 2018

(Bloomberg) — Blue Apron Holdings Inc. shares extended a record four-day surge that has seen the stock jump more than 1,100% this week alone.The meal-kit delivery company opened above $25 a share for the first time since the fall of 2018, as investors flock for safety from the coronavirus-driven rout. The optimism comes as Americans prepare for a potential “shelter-in-place” order that would restrict their ability to leave their homes.The shares spiked as much as 77% on Thursday, trading at the highest level since September 2018, before trimming those gains and triggering a volatility pause. The latest move comes as …read more […]

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BMRA Stock Surging as Coronavirus Test Samples Begin Shipping

March 19, 2020 admin Comments Off on BMRA Stock Surging as Coronavirus Test Samples Begin Shipping

BMRA stock is soaring while the rest of the market continues to plummet. Biomerica, Inc. (Nasdaq: BMRA) announced that it has begun shipping samples of its coronavirus test. This led to rapid gains in the market with no signs of slowing down.
Biomerica is well ahead of its competition. In fact, its testing kit is portable, simple to use and it provides fast results.

What Sets BMRA Stock Apart During the Outbreak?
Biomerica is providing rapid testing for COVID-19 at a time when thousands of people are searching for answers. This is the key to their rise in the market.
Not only are they …read more […]

Healthcare

U.S. Food and Drug Administration (FDA) Grants Emergency IND for Two Coronavirus Patients Treated in New York with CytoDyn’s (OTC: CYDY) Leronlimab

March 19, 2020 admin Comments Off on U.S. Food and Drug Administration (FDA) Grants Emergency IND for Two Coronavirus Patients Treated in New York with CytoDyn’s (OTC: CYDY) Leronlimab

A leading academic medical center has administered the test medication, leronlimab, in two of their sickest COVID-19 patients. Neither patient has had any serious adverse reactions to leronlimab since it was administered. We are hopeful […]