President Donald Trump announced that the U.S. was revoking its support for the agency, the latest escalation in a battle that has seen the president accuse the WHO of being too beholden to Beijing. …read more […]
Lyft Inc was sued on Friday by a former driver who accused the ride-sharing company of failing to provide required paid sick leave to drivers in Washington, D.C., a policy she said could fuel the spread of the coronavirus.
The S&P 500 was up in late, choppy trading Friday after President Donald Trump made comments on China that appeared less worrisome for the U.S. economy than investors apparently had feared.
The S&P 500 has broken above 3,000, marking a milestone in the current bull rally. There’s a deepening feeling that equities by be a leading indicator, showing that the economy will turn around in 2H20.That’s the blue-sky scenario, and it may happen. We live in an uncertain world, however, and even the most upbeat investors will look for ways to defend their portfolio in times like these. It’s natural to look at value stocks, equities trading at low cost but offering high upside potential, and high-yield dividend stocks, with their steady income stream providing a cushion against share depreciation. We’ve …read more […]
Morgan Stanley is planning to start getting some traders to return to its New York headquarters in mid- to late-June, CNBC reported on Friday, citing people with knowledge of the situation.
Chinese internet giant Tencent Holdings Ltd is in discussions to invest $200 million in Warner Music Group, ahead of the record company’s initial public offering next week, the Wall Street Journal reported https://www.wsj.com/articles/tencent-in-talks-to-buy-warner-music-stake-11590774885, citing people familiar with the matter.
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […] …read more […]
Oil prices were mixed on Friday, but were closing out the month with strong gains, bolstered growing fuel demand even as investors worried about worsening Washington-Beijing relations.
As the country begins to reopen, it may seem difficult to tell which businesses will recover and which will stay permanently shuttered.
Today, Alexander Green shares one surefire way to tell if a business is going to thrive.
Note From Senior Managing Editor Christina Grieves: As the country reopens after the coronavirus lockdown, it may seem impossible to tell which businesses are going to resume operations and which will remain shuttered forever. But, as Alexander Green explains today, there’s one sure way to determine if a business will thrive. Read on to find out what it is… And make sure you take …read more […]
(Bloomberg) — Occidental Petroleum Corp. cut its quarterly dividend by 91% to the lowest since at least the 1970s amid the pandemic-driven collapse in energy demand that has strained the oil explorer’s ability to shoulder its debt.Occidental shareholders will receive a penny per share on July 15, the Houston-based company said in a statement Friday. The company has been reeling in dividends since March, when it trimmed the payout to 11 cents from 79 cents.The surprise cut came the same day Chief Executive Vicki Hollub and the rest of the board of directors won re-election at Occidental’s annual shareholders’ meeting. …read more […]
It took just three days to sell shares in JDE Peet’s as investors facing a dearth of opportunities because of the coronavirus-induced slow-down rushed to secure a dose of the world’s No. 2 maker of packaged coffee.
U.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the growing frugality reinforced expectations the economy could take years to recover from the COVID-19 pandemic.
Here comes the presidential election…and perhaps the return of stock market volatility. …read more […]
Chinese gaming company Beijing Kunlun Tech Co Ltd said on Friday that a U.S. national security panel approved the $620 million sale of popular gay dating app Grindr to an investor group called San Vicente Acquisition LLC.
In this article you are going to find out whether hedge funds think Southwest Airlines Co. (NYSE:LUV) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks […] …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
