Stock markets around the world scaled fresh records after China reported the lowest number of new coronavirus cases since late January, boosting investor hopes the epidemic will be contained and driving up the price of crude oil and other commodities.
Yahoo Finance’s Dan Roberts breaks down the latest stories that are pushing headlines on On the Move. …read more […]
Alstom’s board will meet on Wednesday evening to discuss buying Bombardier’s rail unit, sources familiar with the matter said, and a media report said the French train maker has valued the business at just under $7 billion.
Federal Reserve Chair Jerome Powell on Wednesday reiterated his confidence in the sustainability of the record-long U.S. economic expansion, now in its 11th year.
Boeing Co Chief Financial Officer Greg Smith said on Wednesday it will take at least a couple of years before the 737 MAX airplane can be produced at the 57-unit monthly rate that Boeing had targeted before the jet was grounded last year.
Results from the New Hampshire Primary are in, showing Bernie Sanders taking in a majority of 25.7% of votes, and former Vice President Joe Biden falling to fifth with 8.4%. Charles Schwab VP of Legislative and Regulatory Affairs Mike Townsend joins the On the Move panel to discuss. …read more […]
T-Mobile (TMUS) and Sprint (S) won clearance to merge from a federal judge Tuesday, sending T-Mobile shares up 12%, and Sprint shares up 77.5% by close of trading yesterday.Rejecting arguments by a group of state attorneys general that allowing the companies to merge would encourage anticompetitive behavior, U.S. District Court Judge Victor Marrero demurred that to the contrary, T-Mobile’s “maverick” ways have historically forced “the two largest players in its industry to make numerous pro-consumer changes” to compete with it. In the judge’s view, allowing the merger will in fact help “to continue T-Mobile’s undeniably successful business strategy for the …read more […]
Canadian e-commerce company Shopify Inc’s full-year revenue forecast above analysts’ estimates and better-than-expected quarterly earnings on higher holiday sales, pushed its shares to a record high on Wednesday.
Airlines are facing a fall in profits as the coronavirus crisis hits passenger demand and prolongs weakness in economically sensitive air freight, planemaker Boeing warned on Wednesday.
BP set one of the oil sector’s most ambitious targets for curbing carbon emissions on Wednesday as new chief executive Bernard Looney began the biggest revamp in its 111-year history.
Oil prices rose 3% on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world’s second-largest oil consumer may begin to recover.
VANCOUVER, Washington, Feb 12, 2020 (GLOBE NEWSWIRE via COMTEX) — CytoDyn Inc. (otc.qb:CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, […]
Boeing Co Chief Financial Officer Greg Smith said on Wednesday that it will take at least a couple of years before 737 MAX production rate can reach the 57 units per month that the company was targeting before the airplane was grounded last year.
Boeing Co Chief Financial Officer Greg Smith said on Wednesday that it will take at least a couple of years before 737 MAX production rate can reach the 57 units per month that the company was targeting before the airplane was grounded last year. Speaking at an investor conference, Smith said the production rate will depend largely on supplier inventory and noted that discussions on the supply chain are “front and center” of daily company calls on the 737 MAX. …read more […]
Today we’ll do a simple run through of a valuation method used to estimate the attractiveness of Target Corporation… …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
