Trading Ideas

Trump is strangely reluctant to use federal powers to combat the coronavirus and stop the recession that threatens his presidency. …read more […]

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Boeing is using its engineering prowess to create personal protective gear for healthcare workers as the dominant aerospace and defense company’s troubled production lines remain dormant and a majority of its workforce remains at home. …read more […]

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(Bloomberg) — Global oil demand is being destroyed as the coronavirus forces people around the world to remain indoors and avoid all unnecessary travel.Currently, between a third and a half of the world’s population are in lockdown, meaning few people are driving, flying or doing much that would require the use of crude or its derivatives.The ramifications for the oil market are huge, with refiners, producers and even petrostates all facing uncertain futures. The most immediate set of data from America starkly illustrated the impact. On Wednesday, the U.S. Energy Information Administration reported U.S. drivers consumed the least gasoline for …read more […]

Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see AbbVie Inc… …read more […]

Exactly three years ago United Airlines (NASDAQ:UAL) violently removed a passenger from an overbooked flight, dragging him through the plane’s aisle while the man was screaming in protest. Blood was coming out of the man’s mouth. I embedded the video below. Was it that passenger’s fault that United Airlines sold more tickets than the number […] …read more […]

G20 energy ministers in their joint statement will propose setting up a task force to advise ministers on the steps needed to stabilise the oil markets amid the coronavirus pandemic, India’s oil ministry said in a statement on Friday. Although India’s fuel demand has slumped drastically due to a nation-wide lockdown to stem the spread of coronavirus, India will continue to be a global energy demand centre, Oil minister Dharmendra Pradhan told the meeting. …read more […]

(Bloomberg) — Delta Air Lines Inc. has been downgraded by Fitch Ratings to junk.The firm lowered its rating on Delta’s debt to “BB+” from “BBB-” and warned that another downgrade is possible as air travel suffers with the spread of the coronavirus. The airline does, however, have more financial flexibility than some rivals, Fitch said in an assessment of the industry.“Though Delta remains a stronger credit than its network peers, debt raised to sustain liquidity through the pandemic will drive credit metrics outside of a range supportive of investment-grade ratings at least through 2021 and likely into 2022,” Fitch said …read more […]

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Shares in General Electric (GE) took a 2.3% hit on Thursday following a downgrade from CFRA analyst Colin Scarola, reversing some of the week’s earlier gains. The stock is now trading down 36% year-to-date versus 17% for the Dow Jones Industrial Average.“Previously, we thought GE’s long-term earning power would increase with deleveraging, but we now see significant risk that Biopharma sale proceeds earmarked for debt reduction will be diverted to backstop large operating losses in Aviation, Power, and Renewable instead,” Scarola told investors.“Despite the cash burn we expect in 2020, our lower rating is ultimately due to a highly uncertain …read more […]

A Quibi IPO is on investors’ minds. The new streaming platform launched earlier this week. And the startup has over $1 billion in private funding. With that kind of value, investors are calling for Quibi stock.
But will investors ever see a Quibi IPO? Here’s what we know…
Quibi IPO: What is Quibi?

Jeffrey Katzenberg and Meg Whitman co-founded Quibi. The name is a mix of the term “quick bites.” It’s a streaming service made only for mobile devices. And its content consists of short videos, 10 minutes or less.
Katzenberg is the former chairman for Walt Disney Studios. He was also a co-founder …read more […]

If you own shares in Invesco Mortgage Capital Inc. (NYSE:IVR) then it’s worth thinking about how it contributes to the… …read more […]

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