Trading Ideas
Demand for $100,000-plus RVs soar after the COVID-19 pandemic: Thor Industries CEO
Have you bought your RV yet for the summer? Everyone is doing it, suggests Thor Industries CEO Bob Martin. …read more […]
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Nikola founder: We want to crush the Ford F-150
Nikola shares have been on fire since their recent debut on the Nasdaq. founder Trevor Milton tells Yahoo Finance why. …read more […]
Business News
Tiffany amends debt pacts for financial leeway amid pandemic, slump in sales
U.S. luxury jeweler Tiffany & Co , which is being bought by France’s LVMH for $16 billion, said on Tuesday it had amended some of its debt agreements to gain more financial leeway amid the coronavirus pandemic after its quarterly sales sank 44%.
Business News
S&P 500, Dow retreat after rally; Nasdaq gains further
Wall Street’s S&P 500 and Dow Jones indexes fell on Tuesday while the tech-heavy Nasdaq hit a record high for the third straight session as investors eyed this week’s Federal Reserve meeting for signs on how it views a restarting economy.
Business News
EU weighs single bid for WTO job; trade chief Hogan confirms interest
European Trade Commissioner Phil Hogan confirmed on Tuesday that he was considering a bid to become the next director-general of the World Trade Organization, as EU governments debated whether to unify around a single European candidate.
Trading Ideas
Should You Be Tempted To ‘Sell’ Under Armour (UA) Stock
Diamond Hill Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Diamond Hill Small Cap Fund posted a return of -36.17% for the quarter, underperforming its benchmark, the Russell 2000 Index which returned -30.61% in the same quarter. You should check out Diamond Hill Capital’s top 5 […] …read more […]
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Nikola Executive Chairman on transforming the auto industry
Nikola Executive Chairman Trevor Milton joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss how the company’s stock more than doubled in the past few days since its Nasdaq debut. …read more […]
Business News
FCC awarding up to $16 billion to address U.S. areas lacking broadband service
The U.S. Federal Communications Commission voted on Tuesday to adopt auction procedures to provide up to $16 billion to areas that lack broadband service, including nearly six million unserved rural homes and businesses.
Business News
Corning wins U.S. funding to boost vial output for COVID-19 vaccines
Glass maker Corning Inc said on Tuesday it would receive $204 million from the U.S. government to boost the manufacturing capacity of its vials that will be used to store coronavirus vaccines and treatments.
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Boeing jet deliveries sink to just four in May
The U.S. planemaker said it handed over just four planes in May, down from six it delivered in April, its lowest total for the month in six decades and about 87% fewer than it delivered to customers at the same time a year ago. Deliveries are financially important to planemakers because airlines pay most of the purchase price when they actually receive the plane. Customers also canceled orders for another 18 planes last month, including 14 MAX jets that were the company’s top-selling plane until a pair of crashes just over a year ago. …read more […]
Business News
U.S. layoffs abate; job openings plunge
Layoffs in the United States fell in April, but remained the second highest on record, while job openings dropped, suggesting the labor market could take years to recover from the COVID-19 crisis despite a surprise rebound in employment in May.
Business News
Boeing jet deliveries sink to just four in May
Boeing Co deliveries worsened even further in May compared to April as the coronavirus pandemic’s crushing impact on airlines added to a year of crisis following the grounding of its 737 MAX planes, company data showed on Tuesday.
Business News
Volkswagen CEO apologised after row with supervisory board
Volkswagen Chief Executive Herbert Diess apologised to the company’s supervisory board for having made “inappropriate and wrong” statements at an internal event, the carmaker said on Tuesday.
Business News
Airlines heading for $84 billion loss this year: IATA
Airlines are set to lose $84 billion as the coronavirus pandemic reduces revenue by half to mark the worst year in the sector’s history, the International Air Transport Association (IATA) forecast on Tuesday.
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