Trading Ideas
How Does Stryker's (NYSE:SYK) P/E Compare To Its Industry, After The Share Price Drop?
To the annoyance of some shareholders, Stryker (NYSE:SYK) shares are down a considerable 35% in the last month. Even… …read more […]
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Business News
Stocks shaky after worst Wall Street crash since 1987
World share markets and oil prices struggled on Tuesday after coronavirus panic caused Wall Street’s worst one-day rout since the Black Monday crash of 1987.
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Regeneron aims to start testing treatment by summer
Yahoo Finance’s Anjalee Khemlani joins Alexis Christoforus and Brian Sozzi to discuss the latest details of the coronavirus outbreak and what new information about treatments is available. …read more […]
Business News
Wall Street set for slight bounce after ‘Black Monday’ carnage
Wall Street’s main indexes looked set for a bounce on Tuesday, a day after their biggest drop since the 1987 crash, as efforts to contain the rapidly-spreading coronavirus upended parts of the economy and dampened business sentiment.
Business News
Global airlines running out of cash, need government support: IATA
Swift government action is needed to help global airlines that are in a desperate situation and running out of cash, the International Air Transport Association warned on a media call on Tuesday.
Business News
Senate weighs emergency spending amid outbreak; administration urges more
The U.S. Senate on Tuesday prepared to weigh a multibillion-dollar emergency spending bill passed by the House of Representatives offering some economic relief from the coronavirus outbreak as the Trump administration pressed for billions more.
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How Does NVIDIA's (NASDAQ:NVDA) P/E Compare To Its Industry, After The Share Price Drop?
Unfortunately for some shareholders, the NVIDIA (NASDAQ:NVDA) share price has dived 32% in the last thirty days… …read more […]
Business News
Trump administration to seek $850 billion to stem virus’ economic fallout: report
The Trump administration plans is seeking a $850 billion stimulus package aimed at buffering the economy against fallout from coronavirus, the Washington Post reported on Tuesday citing four unnamed officials familiar with the plan.
Business News
Ventas sees slowdown in move-ins to senior housing facilities amid coronavirus pandemic
Ventas Inc said on Tuesday it was experiencing a slowdown in move-ins at its senior housing business and that the coronavirus pandemic raises the risk of tenants moving out as it withdrew its 2020 financial forecasts.
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Ventas sees slowdown in move-ins to senior centers amid coronavirus pandemic
The real estate investment trust, which also runs long-term care facilities, said it expected the trends it was seeing to only accelerate, leading to its decision to withdraw its forecast. The tally of coronavirus cases in the United States has multiplied quickly and has surpassed 4,600 infections and at least 83 deaths. Elderly care facilities are especially vulnerable to the virus, as evidenced by multiple deaths related to coronavirus tied to a elderly nursing home in King County, Washington. …read more […]
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Stock market news live: Stock futures rise slightly a day after Dow posts worst percentage decline since 1987
Stock futures rose Tuesday morning and were on track to recover at least some of Monday’s losses. …read more […]
Business News
Oil near $30 as recession fears, pump war weigh
Oil traded near $30 a barrel on Tuesday, close to its lowest since 2016, and analysts said more declines may follow as the coronavirus pandemic hits demand and Saudi Arabia and Russia battle for market share.
Business News
Volkswagen says diesel scandal has cost it 31.3 billion euros
Volkswagen said its diesel cheating scandal has cost it 31.3 billion euros ($34.69 bln) in fines and settlements, and the German carmaker expects cash outflows to continue until 2021, adding that these have already been provisioned for.
Business News
Volkswagen suspends production as coronavirus hits sales
Volkswagen Group , the world’s biggest carmaker, is suspending production at factories across Europe as the coronavirus pandemic hits sales and disrupts supply chains, the company said on Tuesday.
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