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The Director of Kosmos Energy Ltd. (NYSE:KOS), Steven Sterin, Just Bought 203% More Shares
Investors who take an interest in Kosmos Energy Ltd. (NYSE:KOS) should definitely note that the Director, Steven… …read more […]
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What Is KeyCorp's (NYSE:KEY) P/E Ratio After Its Share Price Tanked?
Unfortunately for some shareholders, the KeyCorp (NYSE:KEY) share price has dived 38% in the last thirty days. Even… …read more […]
Business News
White House says Trump, Saudi crown prince discussed energy markets
U.S. President Donald Trump spoke with Saudi Arabia’s Crown Prince Mohammed bin Salman in a call on Monday to discuss global energy markets, among other issues, the White House said on Tuesday without giving any other details.
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Markets surge after Trump floats payroll tax cut
Yahoo Finance’s Alexis Christoforous and Brian Sozzi discuss the latest market action with Michael Lee of Michael Lee Strategy, Seeyond Head of Client Portfolio Management Alex Piré, and Cowen Head of Market Strategy Chris Pollard. …read more […]
Business News
U.S. airlines ditch 2020 forecasts, slash flights and costs on virus hit
Leading U.S. airlines American and Delta suspended 2020 financial forecasts on Tuesday and took drastic further measures to combat the impact of the coronavirus, while United announced a capital raising and said it would post a first-quarter loss.
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Airlines strive to stave off calamity as coronavirus locks down Italy
Airlines around the world sank deeper into crisis on Tuesday as the worsening coronavirus epidemic and Italy’s lockdown hammered passenger numbers, forced the cancellation of thousands of flights and led to the delaying of plane orders.
Business News
Ryanair lowers 2020 traffic target as Italy imposes lockdown
Ryanair on Tuesday said it will cancel almost all of its flights to and from Italy for the next month, forcing it to cut its full year passenger forecast to end-March by 3 million.
Business News
Russian ministry, oil firms to meet after OPEC talks collapse -sources
Russia’s Energy Ministry will meet with the country’s oil companies on Wednesday to discuss future cooperation with the Organization of the Petroleum Exporting Countries, among other issues, two sources familiar with the plan told Reuters.
Business News
Saudi Arabia, Russia raise stakes in oil standoff
Saudi Arabia said on Tuesday it would increase its crude oil supply to a record high, raising the stakes in its price war with Russia and effectively rejecting Moscow’s overtures for new talks.
Business News
U.S. airlines ditch 2020 forecasts, slash flights on virus hit
Leading U.S. airlines American and Delta suspended 2020 financial forecasts on Tuesday and took drastic further measures to combat the impact of the coronavirus as the head of smaller rival Southwest took a 10% pay cut.
Business News
Royal Caribbean withdraws 2020 forecast, boosts liquidity amid coronavirus fears
Royal Caribbean Cruises Ltd on Tuesday withdrew its first-quarter and full-year forecast, and increased its credit capacity by $550 million to boost liquidity amid concerns around the rapid spreading of coronavirus.
Business News
Oil jumps after rout on stimulus hopes, Russian signal on OPEC talks
Oil prices jumped by around 8% on Tuesday a day after the biggest rout in nearly 30 years as investors eyed the possibility of economic stimulus and Russia signalled that talks with OPEC remained possible.
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Fed expected to slash rates to 0%
Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Brian Cheung discuss what to expect ahead of next week’s Fed meeting. …read more […]
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Royal Caribbean withdraws 2020 forecast, boosts liquidity amid coronavirus fears
Cruise operators are among the worst hit by the epidemic, which originated in mainland China and has killed more than 3,800 people, as travel restrictions and fears of the virus spreading have led to cancellations of trips. Royal Caribbean said it would cut spending, operating expenses and take other actions to improve liquidity by at least another $1.7 billion in 2020. “These are extraordinary times and we are taking these steps to manage the company prudently and conservatively,” Chief Executive Officer Richard Fain said. …read more […]
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