Trading Ideas
Coronavirus fears cause massive spike in visits to Costco, BJ's, and Sam's Club
Foursquare data shows visits spiked by an average of 45%. …read more […]
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How Does Sirius XM Holdings's (NASDAQ:SIRI) P/E Compare To Its Industry, After The Share Price Drop?
Unfortunately for some shareholders, the Sirius XM Holdings (NASDAQ:SIRI) share price has dived 34% in the last thirty… …read more […]
Business News
Three people have coronavirus at U.S. mission in Geneva: official
Three people employed by the U.S. diplomatic mission in Geneva have contracted coronavirus, but are in “good condition”, a spokesperson told Reuters on Thursday, declining to give specifics.
Business News
Airline industry crisis deepens as coronavirus pain spreads
The crisis for airlines deepened on Thursday as Lufthansa warned the industry might not survive without state aid if the coronavirus pandemic lasts a long time, and Qantas Airways told most of its 30,000 staff to take leave.
Business News
UK says has no plans for travel restrictions or to use military to keep order
The British government has no plans to bring in blanket travel restrictions for London or to close down the capital’s transport system, Prime Minister Boris Johnson’s spokesman said on Thursday.
Business News
U.S. life insurers impose waiting periods to skirt coronavirus risk
U.S. life insurers are trying to curb their own risks to coronavirus by imposing waiting periods for applicants who have traveled to regions with widespread outbreaks, industry experts said.
Trading Ideas
Starbucks Says Its Chinese Virus Plan Will Work in U.S., Too
(Bloomberg) — While for many U.S. restaurants it seems the sky is crashing down, Starbucks Corp. has a unique perspective after having gone through the same thing in China. Their chief executive officer’s message is this: If the strategy to contain coronavirus worked in China, it will work in North America too.“Our team in China defined elevated cleaning protocols for stores,” CEO Kevin Johnson told investors during a meeting with shareholders that was webcast for health reasons. “They basically created a model we are now using around the world, and we know that model worked.”The company now expects 95% of …read more […]
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Lee Tillman Is The Chairman of Marathon Oil Corporation (NYSE:MRO) And They Just Spent US$191k On Shares
Investors who take an interest in Marathon Oil Corporation (NYSE:MRO) should definitely note that the Chairman, Lee… …read more […]
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Did Dominion Energy's (NYSE:D) Share Price Deserve to Gain 14%?
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the… …read more […]
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'We are all in the dark': Wall Street's smartest are making guesstimates: Morning Brief
Top news and what to watch in the markets on Thursday, March 19, 2020. …read more […]
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Here's Why We're Wary Of Buying Altria Group, Inc.'s (NYSE:MO) For Its Upcoming Dividend
Readers hoping to buy Altria Group, Inc. (NYSE:MO) for its dividend will need to make their move shortly, as the stock… …read more […]
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Lam Research Corporation (NASDAQ:LRCX) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see Lam Research… …read more […]
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How Bad Will the 2020 Recession Be?
Economists absolutely love to make forecasts. It’s what they do. And it doesn’t matter if the supporting data for their projections is paper-thin (it often is). It’s when they decline to make a forecast that I get worried. And it has me wondering: how bad will the 2020 recession be?
On Sunday, Federal Reserve Chairman Jerome Powell announced a nearly unprecedented “monetary bazooka.” The central bank cut rates to approximately zero. And relaunched a major bond-purchasing program known as quantitative easing.
Fed watchers like me were expecting such extreme measures from Powell & Co., given the damage the pandemic is doing to …read more […]
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Lufthansa to Cut 95% of Flights in Survival Mode
(Bloomberg) — Three of the world’s leading airlines laid bare the devastation the coronavirus is inflicting on air travel, with Deutsche Lufthansa AG and Delta Air Lines Inc. parking a total of 1,500 planes and Qantas Airways Ltd. laying off close to 30,000 employees in some of the industry’s deepest cuts to date.The measures at Lufthansa, Europe’s biggest carrier, go furthest, with Chief Executive Officer Carsten Spohr saying Thursday he’ll eliminate 95% of seats, shrinking the timetable to a level last seen in 1955. Delta is grounding half the fleet to wipe out 70% of capacity, while Qantas, which has …read more […]