Those expecting the U.S. economy to bounce back hard and quick after the worst of the coronavirus may want to think again. Yahoo Finance speaks with former Cisco CEO John Chambers about the crisis. …read more […]
President Trump announced efforts to accelerate drugs to treat the escalation of COVID-19. Yahoo Finance’s Anjalee Khemlani joins the On The Move panel to weigh in. …read more […]
Ford Motor Co on Thursday moved to hoard cash on its balance sheet, drawing down $15.4 billion from two credit lines and suspending its dividend, in a move to bolster reserves to ride out damage to its business from the coronavirus pandemic. The move will give Ford more than $37 billion in cash, almost matching the revenue it reported in the fourth quarter. Morgan Stanley analyst Adam Jonas said in a research note that corporate liquidity during the outbreak was “top of mind” and that U.S. automakers had strong balance sheets. …read more […]
In an emotional video message on Thursday to Marriott International employees, CEO Arne Sorenson characterized the coronavirus crisis as more severe for the hotel chain than the Great Depression and World War 2. He added that the chain’s global business is running about 75 percent lower than normal, hundreds of hotels have closed, and some […] …read more […]
Lamar Villere, a Portfolio Manager at Villere Balanced Fund, joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi, Dan Roberts and Ines Ferre to discuss how coronavirus is impacting the markets. …read more […]
The market gyrations leave traders looking to get out, which reinforces the bear trends and deepens the drops, or looking for discount stocks that may offer solid returns for a low cost of entry. Which, when you think about it, brings penny stocks to mind.These are low-cost shares, usually in low-cap companies. Historically, these stocks were valued at less than a dollar, although today penny stocks are defined as selling for less than five dollars. The main attraction here is a consequence of the low share price: even a modest-seeming dollar gain per share can translate into a high-percentage return. …read more […]
Principal Financial Chief Investment Officer Todd Jablonski joins Yahoo Finance’s On The Move panel to discuss why he says “this situation is a bit different” than the 2008 recession. …read more […]
Yahoo Finance speaks with Verizon CEO Hans Vestberg about the company’s $500 million investment in the country. …read more […]
Speaker Nancy Pelosi called on President Trump to use the emergency war powers to combat coronavirus. Yahoo Finance’s Jessica Smith joins the On The Move panel to break down the latest developments. …read more […]
Crude oil prices have taken a beating and oil stocks have felt the pain. Although, black gold isn’t down for the count. Oil has fueled nations around the world for well over a century. And today, it’s still one of the most cost effective sources of energy.
A recession is knocking on your door and will keep oil prices low… but as always, another bull market will follow. So, over the coming years, oil prices will rebound as supply and demand balance out. The best oil stocks will likely emerge stronger than before. Although in the short-term, investors should be prepared …read more […]
Yahoo Finance’s Anjalee Khemlani joins the On The Move panel to break down the latest coronavirus developments. …read more […]
(Bloomberg) — Even in an industry devastated by the coronavirus crisis, Latin American airlines stand out.Five of the biggest carriers in the region — Latam Airlines Group SA, Gol Linhas Aereas Inteligentes SA, Azul SA, Avianca and Volaris — have seen about $12 billion in their market value wiped out since the end of January through Wednesday’s close. On average, their stock tumbled 78% in local currency terms, more than all 23 members in the Bloomberg World Airlines Index. The global gauge is down 46% in the period.Latin American companies, operating far from China and with almost no direct flights …read more […]
How will the coronavirus play out in the U.S.? According to Maciek Boni, Penn State University infectious disease expert, it depends on which scenario the country finds itself in. …read more […]
General Motors, Fiat Chrysler and Ford have decided to close their factories while Tesla, under shelter-in-place orders will stay open, according to AP. Greg Migliore, Autoblog Editor-In-Chief, joins Yahoo Finance’s Alexis Christoforous, and Brian Sozzi to discuss the details. …read more […]
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