Trading Ideas

3M is the world’s biggest maker of the masks and has seen demand swell as the outbreak spread globally, putting the company at the heart of a tug-of-war over supplies. The Minnesota-based company pulled its 2020 outlook citing economic uncertainty due to the pandemic and also suspended its share repurchase. Beginning May, 3M said it would begin reporting monthly sales information to provide transparency on its ongoing business performance as it navigates the pandemic. …read more […]

(Bloomberg) — A crisis California didn’t foresee — the Covid-19 pandemic — is complicating preparations for one that arrives with a vengeance every year.With wildfire season on the horizon, state officials have ordered prevention efforts to proceed after rains have tapered off and before the heat of summer. But work is progressing slower than usual as firefighting agencies and electric utilities institute new practices to keep employees safe.Social-distancing requirements complicates many of the tasks, including trimming trees near power lines, clearing brush around homes, setting small, controlled fires and replacing old utility poles that could snap in strong winds. Plus, …read more […]

Warren Buffett is one of the greatest investors of our time. So, it’s useful to listen to what he has to say. That’s why I’ve put together this thoughtful list of the best Warren Buffett quotes.
Please take some time to ponder the sayings below. With each quote, dig a little deeper and think about the reasoning behind them. Doing so can help you improve your financial success. Not only that, but the wisdom can help in many areas of life.
Famous Warren Buffett Quotes
To gain a deeper understanding, I’ve organized the quotes into three sections. I’ve also provided some comments and …read more […]

U.S. economic activity likely contracted in the first quarter of 2020 for the first time in six years. The coronavirus outbreak broadened out across the globe at the end of the quarter, dragging output to a near standstill. …read more […]

…read more […]

U.S. consumer confidence falls in April, reaching its lowest level in roughly six years. The Conference Board Chief Economist Bart Van Ark joins Yahoo Finance’s On The Move panel to discuss. …read more […]

“A question that probably some of you are thinking of … which I find to be very interesting. So, supposedly we hit the body with a tremendous, whether it’s ultraviolet or just very powerful light… inside the body … Sounds interesting, right? … It sounds interesting to me.” President Trump caught a lot of flak last week for — so the story goes — urging patients infected with the novel coronavirus SARS-CoV-19 to “drink bleach” in order to “disinfect” themselves from the inside out. Sadly, the President then proceeded to mix his advice with some less-than-coherent musings about “injections” and …read more […]

…read more […]

Let’s talk about the popular Sysco Corporation (NYSE:SYY). The company’s shares saw a significant share price rise of… …read more […]

(Bloomberg) — Xerox Holdings Corp., which last month dropped a hostile takeover bid for larger rival HP Inc., withdrew its annual revenue forecast, signaling uncertainty over how high a toll the economic slowdown from the Covid-19 pandemic will take on the copy-machine maker.Revenue reached $1.9 billion over the first quarter, a 14% drop from a year earlier, the Norwalk, Connecticut-based company said Tuesday in a statement. Pretax losses came in at $5 million. Xerox said in January it expected to generate adjusted profit of as much as $3.70 a share on revenue of $8.63 billion in fiscal 2020.Xerox is reporting …read more […]

(Bloomberg) — Analysts covering Amazon.com Inc. are still bullish on the stock, but technicals just sent a cautious signal.The company is rated “buy” by 51 analysts tracked by Bloomberg, with just four “holds” and one “sell” rating. The stock’s Monday closing price of $2,376 leaves 6% upside to the consensus target price, even with optimism recently growing.That optimism cuts against the “outside down day” the online retail giant just had on Monday. As Miller Tabak + Co. Chief Market Strategist Matt Maley explained in a note, that’s because it traded higher than Friday’s highs and lower than Friday’s lows, and …read more […]

…read more […]

3M is out with its first-quarter earnings report with sales of its global N95 masks in focus. Yahoo Finance’s Emily McCormick breaks down the report and future outlook for the manufacturer. …read more […]

(Bloomberg) — Harley-Davidson Inc. shares climbed after the struggling motorcycle maker’s new acting chief executive officer laid out plans to cut costs and complexity and focus on its strengths.The stock rose as much as 17% after the unveiling of a strategy dubbed “The Rewire,” which Morgan Stanley analyst Adam Jonas said could make Harley one of few manufacturers to grow profits in the coming yearsKey Insights“It is clear to us that HOG will be less adventurous in terms of trying its hand at segments and markets where the brand faces extremely low chances of success with high up-front costs and …read more […]

The investment adage that the market hates uncertainty is oft cited and arguably playing out since the coronavirus and a coordinated national effort to stem the spread by keeping as many people quarantined at home as possible. In many respects, earnings and dividend visibility are near historic lows.It’s fortunate then that the stock market is holding up well in the midst of this record uncertainty. The million dollar question is just when business gets back to normal. There are certainly fears that a second wave will spread throughout the U.S. come this fall, but according to one estimate, that too …read more […]