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Southwest to raise $815 million through sale and leaseback of 20 planes

The move will help Southwest save cash at a time when U.S. airlines collectively burn more than $10 billion a month. Last month, rival United Airlines agreed to sell and lease back 22 planes to aircraft investor Bank of China Aviation. United, however, did not specify the size of the deal. …read more […]

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Oil Crash Busted Broker’s Computers and Inflicted Big Losses

(Bloomberg) — Syed Shah usually buys and sells stocks and currencies through his Interactive Brokers account, but he couldn’t resist trying his hand at some oil trading on April 20, the day prices plunged below zero for the first time ever. The day trader, working from his house in a Toronto suburb, figured he couldn’t lose as he spent $2,400 snapping up crude at $3.30 a barrel, and then 50 cents. Then came what looked like the deal of a lifetime: buying 212 futures contracts on West Texas Intermediate for an astonishing penny each.What he didn’t know was oil’s first …read more […]

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Market Recap: Friday, May 8

On Friday, the major averages ended near session highs, after new data revealed the coronavirus pandemic sparked a historic labor market collapse in the world’s largest economy last month, but at a pace below expectations.Jen Rogers, Myles Udland and Rick Newman break down the day’s market action. …read more […]

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Coronavirus latest: Friday, May 8

Moderna CEO Stephane Bancel stated that the company’s new coronavirus vaccine, which was clear for a phase 2 trial on Thursday by the FDA, would not be ready for immediate release to the public and that the distribution of the potential vaccine would need to be handled carefully between Moderna and the White House. Yahoo Finance’s Anjalee Khemlani joins The Final Round panel to break down the latest news about the coronavirus. …read more […]

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Why Some Investors Succeed… But Most Don’t

Why do so many investors fail? What are the successful investors doing differently?
Well, for starters, as Alexander Green explains today, successful investors find a proven investment strategy and stick to it.

Editor’s Note: No one can predict the future… or what’s going to happen in the markets. But savvy investors can ensure their success no matter what the market is doing by following the right strategy.
And if you’re ready to find the right strategy for you, I highly recommend you take a look at Alexander Green’s latest project with bestselling author Bill O’Reilly. They’ve teamed up once again, and this time …read more […]

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Is Carnival Stock a Good Buy Right Now?

Travel and hospitality stocks are way down amidst the COVID-19 pandemic. Many stocks have reached five, 10 and 15 year lows. Going down even further, Carnival Corporation (NYSE: CCL) stock is at a 20-year low. And it’s still diving as the fallout from COVID-19 continues.
Despite the beleaguered share price, crisis investors are starting to take note of a potential long-term play. Is Carnival stock a good buy right now?
To differentiate between a value play and a value trap, investors need to look past carnival stock price and the headlines. Investors should measure the business’ fundamentals, as well as macro …read more […]

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Disney (DIS): Is It Time to Buy?

It’s no secret, a large number of high-profile companies have taken a serious beating since the pandemic’s onset. Possibly none more well-known than Disney (DIS). COVID-19 has necessitated theme park closures, a halt of live film production, and a delayed movie release schedule – all resulting in last week’s crushing F2Q20 report.Yet, Northland analyst Bernie McTernan argues that there are several reasons to remain positive on the House of Mouse.Glimmers of hope were provided during the earnings call, as Disney announced it will reopen its Shanghai theme park next week on May 11. McTernan assumes that domestically, Disney’s parks will …read more […]