Articles by admin
Coronavirus, new home sales, Nike earnings: What to know in markets Tuesday
Coronavirus developments, new homes sales data and Nike earnings will take centerstage Tuesday. …read more […]
A 'very bullish' Bill Ackman is an 'aggressive buyer' of stocks in coronavirus panic
Pershing Square has put “around $2 billion” in the stock market, Bill Ackman tells Yahoo Finance. …read more […]
Twitter withdraws first-quarter revenue forecast on virus fears
Twitter Inc said on Monday it is withdrawing revenue and operating income forecast for the first quarter of 2020, citing the growing impact of the coronavirus outbreak.
The Easiest Bear Market to Tame
Americans are practicing “social distancing.”
We’re working remotely and avoiding crowds.
“It’s time to hunker down,” we’re told.
The question is, for how long?
Investors – especially those near or in retirement – need to know when the markets will recover.
Because time is of the essence.
Well, the wait may not be as long as you might think.
The Bears Rolling in Money
At my local grocery stores, the shelves are bare.
Even the never-ending pantry at AmazonFresh is out of household items.
But the true nod to the panic that’s unfolding is, in the wake of the Great Toilet Paper Shortage of 2020, bidet sales are skyrocketing!
As the …read more […]
'A very bad day for our country': TV mogul Byron Allen criticizes Supreme Court ruling on $20 billion bias suit
Television mogul and comedian Byron Allen sharply criticized a U.S. Supreme Court decision on Monday that sided with Comcast. …read more […]
U.S. prosecutors charge PDVSA contractor with money laundering
U.S. prosecutors have charged a Venezuelan oilfield contractor with money laundering for bribing officials at state oil company Petroleos de Venezuela to win overpriced contracts, and then seeking to hide the proceeds in the United States.
The Oil Price War Could End Maduro’s Regime
The oil price war is severely restricting Venezuela’s ability to fund vital services and security, weakening the already tenuous hold of President Maduro on power …read more […]
Is Boeing Going Bankrupt? Analyst Weighs In
Although not coined during the 2007-2008 financial crisis, the term “too big to fail” was used heavily at the time, as banks and multinational corporations were handed a lifeline in bailouts on account of their size. The term has been bandied about again recently, as Boeing (BA), one of the travel industry giants, is staring precipitously over the cliff’s edge.Boeing shares are down by nearly 70% year-to-date, as investor concerns about liquidity have sent the stock price under $100 for the first time since 2013.Along with the energy sector, travel has taken the heaviest punch since the coronavirus began decimating …read more […]
Crude edges higher, U.S. gasoline slumps over 30% on sinking demand
Oil prices inched higher on Monday, while U.S. gasoline prices plunged more than 30% to a record low as global restrictions on travel to slow the spread of coronavirus destroyed demand for fuel.
Boeing suspending Washington state production due to coronavirus risks
Boeing Co said on Monday it would halt production at its Washington state twin-aisle jetliner factory as a temporary measure to help fight the coronavirus outbreak.
Did You Manage To Avoid Two Harbors Investment's (NYSE:TWO) Devastating 74% Share Price Drop?
For many, the main point of investing is to generate higher returns than the overall market. But even the best stock… …read more […]
GM accelerates ‘Project V’ to build ventilators in Indiana
General Motors Co and medical equipment maker Ventec are speeding up efforts under a partnership code-named “Project V” to build ventilators at a GM plant in Kokomo, Indiana, to help combat the coronavirus outbreak.
U.S. SEC warns against illegal trading during coronavirus disruption
U.S. Securities and Exchange Commission officials on Monday warned corporate insiders against insider trading during the disruptions caused by the coronavirus.
Bill Ackman Makes $2.5 Billion ‘Recovery Bet’ Amid Coronavirus Tumble
(Bloomberg) — Activist investor Bill Ackman said he has made a “recovery bet” on the economy, investing $2.5 billion in equities, including upping his positions in several of his portfolio companies and reinvesting in others like Starbucks Corp.The billionaire investor said he has taken off all the hedges that he put in place for his Pershing Square Capital Management, through shorts in the credit market. Those hedges were put in place to offset the effects of the coronavirus, he said.Ackman said his hedge fund has used the proceeds to reinvest over the past 10 to 12 days in several of …read more […]
