Hong Kong’s Cathay Pacific Airways Ltd will allow all crew members and frontline employees to wear surgical masks due to concerns over a new coronavirus, and said passengers to and from Wuhan, China, could change or cancel flights for free through March 31.
Commonwealth Bank of Australia said on Thursday a class-action lawsuit was filed against its pension arm, Colonial First State, for allegedly not acting in customers interest for insurance policies.
Technology shares led the S&P 500 marginally higher on Wednesday, as a healthy forecast from IBM helped mitigate worries over the developing coronavirus outbreak.
World stock markets gained back some ground on Wednesday as investors took heart from measures to curb the spread of a flu-like virus from China, while oil prices tumbled on a forecast for a market surplus.
Tesla’s market cap topped $100 billion for the first time ever on Wednesday, and CEO Elon Musk is just in reach of a big payday. Yahoo Finance’s Jennifer Rogers and Myles Udland discuss. …read more […]
U.S. pipeline operator Kinder Morgan Inc reported a 26% rise in quarterly profit on Wednesday, benefiting from higher gas takeaway from Permian Basin through its Gulf Coast Express pipeline.
The number of oil and gas company bankruptcies in the United States and Canada rose 50% in 2019 over the previous year, and is likely to increase as a slide in energy prices continues to shake producers Dallas law firm Haynes and Boone said in a report released on Wednesday.
Bloomberg reports that Apple could begin assembling a new, low-cost iPhone as soon as February. Yahoo Finance Tech Editor Dan Howley joins The Final Round to discuss the details. …read more […]
Washington Prime Group (NYSE: WPG) has an incredibly high 27% dividend yield. That’s because the stock sports a $0.25 per share quarterly dividend but just a $3.70 share price.
That’s an awfully high yield to continue to pay out. Can Washington Prime do it?
I covered this owner and operator of shopping malls in April. At the time, the stock received a “D” rating for dividend safety. However, looks can be deceiving.
At the time, the issue was that analysts expected funds from operations (FFO), which is a measure of cash flow for real estate investment trusts (REITs), to fall.
FFO not only was …read more […]
Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors defended a U.S. extradition request, saying Meng’s alleged bank fraud is the heart of the case that has strained relations between Ottawa and Beijing.
Westpac Banking Corp on Thursday named banking veteran John McFarlane as chairman, entrusting the former Australia and New Zealand Banking Group boss to help steer it through the fallout of a massive money-laundering scandal.
U.S. pipeline operator Kinder Morgan Inc reported a 26% rise in quarterly profit on Wednesday, benefiting from higher gas takeaway from Permian Basin through its Gulf Coast Express pipeline.
Westpac Banking Corp on Thursday named banking veteran John McFarlane as chairman-elect, entrusting the former Australia and New Zealand Banking Group boss to help steer it through the fallout of a massive money-laundering scandal.
Angola’s billionaire former first daughter, Isabel dos Santos, has decided to sell her stake in Portuguese bank Eurobic, the small lender said on Wednesday.
The U.S. dollar was unchanged against a basket of currencies on Wednesday as safe-haven demand ebbed along with worries about whether the spread of a flu-like coronavirus would hurt the global economy.
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