Year: 2020

In the midst of a pandemic that has seen entire industries (airlines, rental cars, hotels) gutted, and others (restaurants, physical retail) on the brink of bankruptcy, investors are hungry for one kind of data above all others: Vaccine effectiveness and safety. So when Moderna (MRNA) released a bit of supplemental data on Phase 1 clinical trials of its mRNA-1273 vaccine against coronavirus Wednesday, the investment bankers from JPMorgan were right there, pens in hand, and ready to take notes.Moderna made its latest reveal at a public meeting of the Advisory Committee on Immunization Practices (ACIP) providing additional detail on the …read more […]

Ulta Beauty released its second quarter earnings results after hours on Thursday, beating on earnings per share but seeing a slight miss on revenue. The company told investors it expects sales to be challenged for the rest of the year due to coronavirus as its comparable sales were short but better than expected. Yahoo Finance’s Jared Blikre breaks down the company’s earnings report on The Final Round. …read more […]

Orders for Dell from the education sector jumped 24% in the second quarter ended July 31, and government orders rose 16%. Revenue from the company’s biggest segment that includes desktop PCs, notebooks and tablets fell 4.6% to $11.20 billion, and data center sales dropped 4.8% to $8.21 billion as companies directed their spending towards remote work, Dell said. …read more […]

The Trump administration is reportedly set to announce a $750 million deal with Abbott Laboratories (ABT) for a new rapid COVID-19 antigen test. …read more […]

Penny stocks, they divide market watchers like no other. Some investors steer clear of these tickers going for less than $5 apiece, as poor fundamentals or overwhelming headwinds could be keeping them down in the dumps.On the other hand, penny stocks lure the more risk-tolerant. Not only does the bargain price tag mean you get more bang for your buck, but also even minor share price appreciation can yield huge percentage gains. The implication? Major returns for investors.Based on the above, weeding out the long-term underperformers from the penny stocks going for gold can pose a significant challenge. In this …read more […]

United Airlines is preparing for the biggest pilot furloughs of its history after announcing on Thursday the need to cut 2,850 pilot jobs this year, or about 21% of the total, without further U.S. government aid. Airlines, reeling from the devastating impact of the novel coronavirus pandemic on air travel, have asked the U.S. government for another $25 billion (18.93 billion pounds) to cover employee payroll through March. The first tranche, which banned any job cuts until Oct. 1, expires at the end of September, but talks in Washington have stalled as Congress has struggled to reach …read more […]

Rockwell Medical, Inc. (NASDAQ:RMTI) is possibly approaching a major achievement in its business, so we would like to… …read more […]

Yahoo Finance’s Dan Howley joins Akiko Fujita to discuss how Walmart and Microsoft are reportedly teaming up to make a bid on TikTok. …read more […]

Dr. Darria Long, ER Physician and Clinical Assistant Professor at University of Tennessee School of Medicine, joins Yahoo Finance’s Zack Guzman to discuss the latest developments in rapid COVID-19 testing. …read more […]

AMC stock rallied from a low of $5.21 to a close of $5.54, yesterday, which represented a gain of $0.13 or 2.40%. The stock price moved on a reasonably strong first weekend of box offices being back open.
Now, the weekend’s box office total gross was $6.6 million. That represents an increase of 232% over the previous weekend’s gross. This is a positive sign that movie theaters might still be a viable business.
However, this was by far the best weekend the movies have had since March. Back then, March 13-15 saw a gross of $53.7 million before movie theaters shut down …read more […]

While F5 Networks, Inc. (NASDAQ:FFIV) might not be the most widely known stock at the moment, it received a lot of… …read more […]

US retail giant Walmart is the latest firm to bid for the Chinese video sharing app’s US operations. …read more […]

All eyes are on Tesla as it reportedly readies the reveal of its 1 million mile battery. …read more […]

A look at the shareholders of Transocean Ltd. (NYSE:RIG) can tell us which group is most powerful. Generally speaking… …read more […]

President Trump is set to announce the purchase of 150 million rapid coronavirus tests. Yahoo Finance’s Julie Hyman breaks it down. …read more […]