We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […] …read more […]
Yahoo Finance’s Alexis Christoforous and Dan Roberts discuss Uber’s cutbacks amid the coronavirus outbreak. …read more […]
(Bloomberg) — Ford Motor Co. suspended the dividend that management repeatedly vowed to maintain even through a downturn as a global pandemic forces the struggling automaker to protect its cash reserves.The company took the step to prioritize financial flexibility and investments in new-product launches this year, according to a statement. Ford also will fully draw $15.4 billion from two credit lines and retracted the 2020 earnings guidance it gave investors Feb. 4.“While we obviously didn’t foresee the coronavirus pandemic, we have maintained a strong balance sheet and ample liquidity so that we could weather economic uncertainty and continue to invest …read more […]
(Bloomberg) — Blue Apron Holdings Inc. shares extended a record four-day surge that has seen the stock jump more than 1,100% this week alone.The meal-kit delivery company opened above $25 a share for the first time since the fall of 2018, as investors flock for safety from the coronavirus-driven rout. The optimism comes as Americans prepare for a potential “shelter-in-place” order that would restrict their ability to leave their homes.The shares spiked as much as 77% on Thursday, trading at the highest level since September 2018, before trimming those gains and triggering a volatility pause. The latest move comes as …read more […]
Dr. Mehmet Oz, Host of “The Dr. Oz Show”, joins Influencers with Andy Serwer to explain the dangers of the coronavirus and offer his expert advice about how to stay safe amid the COVID-19 crisis. …read more […]
Dr. Mehmet Oz, Host of “The Dr. Oz Show”, joins Influencers with Andy Serwer to explain the dangers of the coronavirus and offer his expert advice about how to stay safe amid the COVID-19 crisis. …read more […]
BMRA stock is soaring while the rest of the market continues to plummet. Biomerica, Inc. (Nasdaq: BMRA) announced that it has begun shipping samples of its coronavirus test. This led to rapid gains in the market with no signs of slowing down.
Biomerica is well ahead of its competition. In fact, its testing kit is portable, simple to use and it provides fast results.
What Sets BMRA Stock Apart During the Outbreak?
Biomerica is providing rapid testing for COVID-19 at a time when thousands of people are searching for answers. This is the key to their rise in the market.
Not only are they …read more […]
Initial weekly jobless claims have jumped to a two-year high. …read more […]
(Bloomberg) — The British government denied it is planning to confine Londoners to their homes and ban them from leaving the capital. Italy’s lockdown looks set to continue, France will likely extend a confinement period and Spain reported a surge in fatalities.Cases continued to soar in Europe and EU chief Brexit negotiator Michel Barnier said he had tested positive. China said the hub of the outbreak in the country reported no new infections and plans to reduce international flights to cut inbound infections. India will also bar incoming flights.China is planning a fiscal stimulus package of several trillion yuan, Reuters …read more […]
Foursquare data shows visits spiked by an average of 45%. …read more […]
Unfortunately for some shareholders, the Sirius XM Holdings (NASDAQ:SIRI) share price has dived 34% in the last thirty… …read more […]
(Bloomberg) — While for many U.S. restaurants it seems the sky is crashing down, Starbucks Corp. has a unique perspective after having gone through the same thing in China. Their chief executive officer’s message is this: If the strategy to contain coronavirus worked in China, it will work in North America too.“Our team in China defined elevated cleaning protocols for stores,” CEO Kevin Johnson told investors during a meeting with shareholders that was webcast for health reasons. “They basically created a model we are now using around the world, and we know that model worked.”The company now expects 95% of …read more […]
Investors who take an interest in Marathon Oil Corporation (NYSE:MRO) should definitely note that the Chairman, Lee… …read more […]
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the… …read more […]
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