Oil prices fell more than 1% in early trade on Thursday as a spike in new coronavirus cases in China and the United States renewed fears that people would stay home and stall a recovery in fuel demand even as lockdowns ease.
Australia’s consumer watchdog on Thursday raised initial competition concerns over Alphabet Inc-owned Google’s $2.1 billion bid for fitness tracker company Fitbit .
The dollar held onto gains on Thursday as growing concerns about a rise in coronavirus cases underpinned safe-haven demand for the U.S. currency.
Amazon.com Inc on Wednesday launched a website for shoppers in Saudi Arabia, showing its continued business interests there despite a public dispute between Riyadh and the company’s chief executive, Jeff Bezos.
Asian stocks were set to dip on Thursday after a choppy Wall Street session as spiking coronavirus cases and prospects of new lockdowns erased earlier confidence about a global economic recovery.
In 2018, I called AGNC Investment Corp.’s (Nasdaq: AGNC) dividend safety the worst I’d ever seen. It received an “F” rating, but only because there is nothing lower than “F” in my SafetyNet Pro rating system.
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SafetyNet Pro is a groundbreaking tool that predicts dividend cuts with stunning accuracy. With it, you can determine the dividend safety rating of nearly 1,000 stocks. Access to SafetyNet Pro is reserved exclusively for subscribers of Marc’s newsletter, The Oxford Income Letter. To learn more about SafetyNet Pro and The Oxford Income Letter, click here now.
I said a dividend cut …read more […]
As the world faces crises from all sides, one small company is leveraging technology to try and tackle some of the biggest problems on the planet …read more […]
A lawyer representing a former Morgan Stanley diversity officer who is suing the bank over racial discrimination said on Wednesday the bank cut her client’s budget for promoting diversity and financial education by 71% from the time she started in wealth management to 2019.
Chris Rupkey, Chief Financial Economist at MUFG, joined Yahoo Finance’s The Final Round to discuss his outlook for the economy and the latest housing permit numbers. …read more […]
Stock futures ticked down Wednesday evening, adding to losses from the regular session. …read more […]
The U.S. Justice Department proposed on Wednesday that Congress take up legislation to curb protections big tech platforms like Alphabet’s Google and Facebook have had for decades, a senior official said, following through on President Donald Trump’s bid to crack down on tech giants.
(Bloomberg) — U.S. Steel Corp. is doing everything it can to weather the economic downturn caused by the coronavirus pandemic, including a share offering announced late Wednesday.The company offered 50 million shares — almost a third of the current number outstanding — at a level said to be about $8.58 to $8.80 per share. After closing at $9.38 in New York, shares were down 5.5% in after-market trading.The Pittsburgh-based steelmaker faces a historic decline in demand, announcing earlier Wednesday that it expects deeper losses in the second quarter than analysts forecast. At the same time, U.S. Steel is working toward …read more […]
British Petroleum just announced a string of write-offs, but it could be a sign of things to come in the oil, gas and energy industry …read more […]
On Tuesday, Cowen analysts led by Jeffrey Osborne initiated coverage on shares of Nikola with an overweight rating and $79 price target, saying it’s “more than just a truck company.” The Final Round panel discusses the bullish call. …read more […]
Hundreds of people who lost jobs during the coronavirus crisis but have been unable to get their unemployment insurance checks converged at the Kentucky’s Capitol in Frankfort early Wednesday to seek in-person help.
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