We’re definitely into long term investing, but some companies are simply bad investments over any time frame. We don’t… …read more […]
German carmaker Volkswagen AG said on Saturday its factories will be closing for two weeks and in some regions three, amid growing concerns over the spread of the coronavirus.
(Bloomberg) — Out with the Tuscan kale and acai berries, in with the Spam and popcorn.In a stark reversal, American shoppers who were taking up healthier eating are gravitating back to old ways as they hunker down to weather the coronavirus pandemic. They are loading up on shelf-stable items from canned meat and soup to pretzels and Kraft Macaroni & Cheese as they comply with orders to stay home.The shift back from healthier fare toward traditional staples may boost the fortunes of packaged food companies, which have been struggling with lagging sales as consumers opted for fresher alternatives.General Mills Inc., …read more […]
Unfortunately for some shareholders, the Spirit AeroSystems Holdings (NYSE:SPR) share price has dived 71% in the last… …read more […]
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) investors will be delighted, with the company turning in some strong numbers… …read more […]
Wells Fargo & Co has asked the U.S. Federal Reserve to remove an asset cap introduced during its accounts scandal in order to allow it to support businesses and customers hit by the coronavirus economic fallout, the Financial Times reported.
The bank approached the Fed about a temporary or permanent lifting of the $1.95 trillion asset cap, which has curbed its growth and profitability since it was imposed in 2018, the FT said https://www.ft.com/content/af0c45a8-6afa-11ea-800d-da70cff6e4d3 on Saturday, citing people familiar with the matter. Removing the cap has been a priority for Chief Executive Charles Scharf and the issue has become acute as the Fed tries to encourage banks to extend credit to customers facing income shortfalls, FT said. …read more […]
Readers hoping to buy Medtronic plc (NYSE:MDT) for its dividend will need to make their move shortly, as the stock is… …read more […]
Tesla, Louis Vuitton and other companies are re-directing their resources for COVID-19 relief measures. …read more […]
Those following along with FedEx Corporation (NYSE:FDX) will no doubt be intrigued by the recent purchase of shares by… …read more […]
One of the biggest stories of last week was how Darden Restaurants, Inc. (NYSE:DRI) shares plunged 40% in the week… …read more […]
Chimera Investment Corporation (NYSE:CIM) shareholders (or potential shareholders) will be happy to see that the… …read more […]
Unfortunately for some shareholders, the Albemarle (NYSE:ALB) share price has dived 43% in the last thirty days… …read more […]
As cases ballooned in Europe, the new epicenter of the coronavirus, several countries imposed new restrictions to try to curb the spread. California and three other U.S. states directed tens of millions of people to stay at home.
Panasonic Corp said on Saturday it will temporarily suspend production at its battery joint venture with U.S. electric carmaker Tesla Inc in Nevada because of the coronavirus outbreak.
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