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Trading Ideas
These 3 states are showing early signs of a job market recovery
The number of jobs lost due to the coronavirus shutdown continue to mount, with the latest weekly total of Americans applying for unemployment benefits coming in above 1.5 million, yet again. Yahoo Finance’s Zack Guzman and Brian Cheung discuss. …read more […]
Business News
Ford’s redesigned F-150 pickup will offer greater connectivity, sleeper seat
Ford Motor Co next week will show the next generation of its brawny F-150 pickup truck that offers a new sleeper-seat feature and over-the-air software updates in a machine Ford is counting on to help pay off coronavirus-related debts.
Trading Ideas
Trading Ideas
Why President Trump losing the election really worries this veteran trader
Why isn’t the stock market concerned about a Trump loss in November? Maybe it should be. …read more […]
Business News
Trump to nominate lawyer Crenshaw to serve as Democratic SEC commissioner
The White House announced Thursday that President Donald Trump intends to nominate Caroline Crenshaw to fill a Democratic vacancy at the Securities and Exchange Commission.
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Business News
Kroger says demand easing after coronavirus stockpiling
U.S. supermarket chain Kroger Co stopped short of raising its annual forecasts on Thursday, saying a coronavirus-driven surge in demand for essential goods was fading as American households reconsider what they have on their shelves.
Business News
Wirecard investor DWS says has sold down position, considering legal action
Asset manager DWS, the fund management arm of Deutsche Bank, said it has further sold down its position in embattled German technology company Wirecard and was considering legal action.
Trading Ideas
Wirecard Bet Hammers Star U.K. Stock Picker
(Bloomberg) — Star U.K. stock picker Alexander Darwall’s investment trust slumped as its biggest holding went into freefall amid accounting concerns.Wirecard AG accounted for just over 10% of the European Opportunities Trust Plc’s investments as of May 31, according to the website of Devon Equity Management, where Darwall is chief investment officer.When the German payments firm delayed the release of its annual report for a fourth time on Thursday, shares in Darwall’s trust fell 11.6%. That was the biggest daily drop since 2008.Devon’s Chief Executive Officer Richard Pavry declined to comment.Darwall built his reputation over almost a quarter century at …read more […]
Business News
S&P 500, Dow muted as virus cases rise, jobless claims weigh
The S&P 500 and the Dow were largely unchanged on Thursday as investors stayed on the sidelines amid an uptick in coronavirus infections in parts of the United States and an elevated level of weekly jobless claims.
Trading Ideas
At-home equipment is ‘the best-kept secret in fitness’: Hydrow CEO
Yahoo Finance’s Alexis Christoforous and Brian Sozzi speak to Hydrow Founder and CEO Bruce Smith to discuss the company’s at-home rowing experience, future of at-home fitness as gyms reopen and more.
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Business News
Coronavirus raises stakes as auto unions ready for a fight
The coronavirus crisis has forced carmakers to speed up layoffs that must be matched with hefty payouts and deft negotiation to retain the support of powerful trade unions vital if Europe’s auto industry is to manage a shift to low-emission vehicles.
Trading Ideas
Kroger beats estimates, digital sales soar 92%
Arun Sundaram, CFRA analyst joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to break down Kroger’s first-quarter earnings report, how the grocery giant can compete with its competitors and more. …read more […]
Business News
Audi boss to head carmaker’s R+D division: sources
Markus Duesmann, the head of Audi , will also head the research and development division at German carmaker Volkswagen’s premium brand, two sources told Reuters on Thursday.