Jean-Claude Trichet, Former ECB President, joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Emily McCormick to discuss how the global markets are faring amid the coronavirus outbreak. …read more […]
Frank Blake, Former Home Depot Chairman & CEO, joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss how retailers can survive the coronavirus pandemic. …read more […]
JPMorgan Chase & Co’s top boss, Jamie Dimon , on Monday said he sees a “bad recession” in 2020, and that the largest U.S. bank could suspend its dividend if the coronavirus crisis deepens.
Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Dan Howley discuss Apple’s decision to produce face shields to help fight the coronavirus pandemic. …read more […]
A tiger at the Bronx Zoo in New York City has tested positive for the respiratory disease caused by the novel coronavirus, in the first known case of a human infecting an animal and making it sick, the zoo’s chief veterinarian said on Sunday.
U.S. officials on Monday girded the country for a “peak death week” from the coronavirus pandemic as the accelerating American death toll closed the gap with Italy and Spain, the countries with the most fatalities to date.
Vir’s shares jumped 35% before the bell, while GSK was up about 1%. Drugmakers across the globe are rushing to develop a treatment or vaccine for the fast-spreading coronavirus that has killed over 68,400 people globally. There are currently no approved treatments for the disease. …read more […]
U.S. stocks opened higher on Monday, after President Donald Trump expressed hope that the coronavirus health crisis was “leveling-off” in some of the hardest-hit U.S. states.
Terry Gardner, CJ Lawrence Portfolio Strategist, joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss how the coronavirus is impacting markets. …read more […]
British drugmaker GlaxoSmithKline will invest $250 million in Vir Biotechnology Inc and collaborate to develop potential treatments for COVID-19, the disease caused by the new coronavirus, the companies said on Monday.
Stelios Haji-Ioannou, easyJet’s founder and biggest shareholder, on Monday intensified his battle with the airline’s management over a huge aircraft order with Airbus which he says it should cancel.
Shares of Zoom fell 9% on Monday, adding to their sharp declines in the past few days, as the video conferencing app battles privacy concerns and increased competition from deep-pocketed rivals.
Brokerage Credit Suisse downgraded Zoom Video Communications Inc’s stock to “underperform” from “neutral”. “While implied new customer growth may seem undemanding compared to recently disclosed 20x participant growth, we expect much of the recent surge will prove ephemeral, and/or comes from free users or education, which are very difficult to monetize,” Credit Suisse analysts wrote in a note. Last week, at least two U.S. state attorneys had sought information from Zoom following multiple reports that questioned its privacy and security. …read more […]
Uber Technologies Inc said on Monday its app will list job openings in the delivery, food production and grocery industry that can be accessed by its U.S. drivers who have been hit by a slump in ride-hailing demand due to the coronavirus.
Shares of Tenneco (TEN), a manufacturer of automotive products and solutions, are spiking over 16% in Monday’s pre-market trading. The move comes after hedge fund guru Carl Ichan disclosed acquiring over 3.48 million TEN shares on April 1.This is a volatile time for the stock. Shares plunged 21% on Friday after Tenneco withdrew its first-quarter and full-year guidance due to Covid-19 related uncertainty and suspended or reduced operations across several regions. In a press release, CEO Brian Kesseler commented: “The continuing near-term deterioration in demand in our end markets necessitates further difficult decisions.”As a result, JP Morgan’s Ryan Brinkman downgraded …read more […]
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