Year: 2020

“You won’t see full flights on Southwest at least through the end of July, and if we do have more demand for that flight, we’ll add additional flights to meet demand,” Kelly said at its annual shareholders’ meeting, which was held virtually. Delta also plans to continue limiting the number of passengers on each flight through at least July, people told Reuters this week. The company currently has $13 billion cash in the bank that will carry it through at least 20 months at current blast rates, Kelly said, and likely many more months than that “because I …read more […]

Ottawa-based Shopify, which briefly became Canada’s most valuable company earlier this month, had more than 5,000 employees and contractors worldwide as of December. “As of today, Shopify is a digital by default,” Tobi Lutke, who is also the founder of Shopify, said in a tweet. “Office centricity is over.” …read more […]

The rally we’re experiencing in the stock markets has become something of a sensation. While equities generally are down some 15% from their all-time high levels, reached back in February, the rebound has been substantial. The S&P 500 is almost 33% from its March 23 trough.The big factor, of course, is the coronavirus crisis and the COVID-19 pandemic. The virus has – justifiably – taken the lion’s share of the news broadcasts. But that intense focus on one item has left investors with an incomplete picture. BMO Chief Investment Strategist Brian Belski has issued a report to correct this, by …read more […]

Victoria’s Secret parent company L Brands reported a 37% drop in sales in its first-quarter earnings report. Yahoo Finance’s Brian Sozzi joins the On The Move panel to discuss how retailers are faring during the virus outbreak. …read more […]

Pharmaceutical company AstraZeneca secures $1.2 billon to produce the University of Oxford’s COVID-19 vaccine. Yahoo Finance’s Anjalee Khemlani breaks down the latest developments. …read more […]

International Business Machine (NYSE: IBM) is a stable, technology company. As a result, IBM’s dividend history is long and has shown steady growth. For a short time, even Warren Buffett invested in the company. And since his exit, the dividend yield has climbed, along with the payout ratio.
Now, an important question… is IBM’s high dividend yield safe? For an answer, let’s look at historical data and trends, as well as a company overview.
Also, before we dive into that, feel free check out our Investment Calculator. It shows how big your investment or portfolio can grow after five, 10 or 20 …read more […]

Stocks were lower Thursday, giving back some gains that on Wednesday sent the S&P 500 to its highest level since early March. Investors eyed a number of mixed corporate earnings results and economic data releases, along with states’ ongoing reopening processes. …read more […]

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