Trading Ideas
Month: March 2020
Business News
Daimler in talks for 10 billion euro credit line: Bloomberg
Daimler is in talks with lenders for a credit facility of at least 10 billion euros ($11.03 billion) to help the car company cope with the coronavirus outbreak, Bloomberg reported on Thursday.
Business News
Czech breweries roll back the barrels, turn to bottles and cans
Czech breweries — including Pilsner Urquell and Budejovicky Budvar — have stopped refilling kegs and started storing their beer in cooled cellars as they seek to limit damage from pub closures caused by the coronavirus outbreak.
Business News
Wall St. rallies for third day as job losses stir talk of more stimulus
Wall Street surged on Thursday as record weekly jobless claims came in below investors’ worst fears, while also making a strong case for more aggressive stimulus to aid businesses and families wrecked by the economic fallout of the coronavirus pandemic.
Business News
Factbox: What’s in the $2.2 trillion Senate coronavirus rescue package
The U.S. Senate on Thursday unanimously approved an unprecedented stimulus package to alleviate the devastating economic impact of the coronavirus pandemic.
Trading Ideas
Business News
Two Tesla employees test positive for coronavirus: Business Insider
Two employees of Tesla Inc have tested positive for coronavirus, Business Insider reported on Thursday, citing an internal email.
Trading Ideas
Is PG&E Corporation (PCG) A Good Stock To Buy?
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 […]
Business News
Exclusive: Cirque du Soleil explores options including bankruptcy – sources
Cirque du Soleil Entertainment Group is exploring debt restructuring options that include a potential bankruptcy filing, after it was forced to cancel shows because of the coronavirus outbreak, people familiar with the matter said.
Business News
Federal Reserve gives small banks more time to file March financial statements
The Federal Reserve announced Thursday it was giving small U.S. banks another month to file financial statements due at the end of March.
Business News
Pelosi expects bipartisan House vote for $2 trillion coronavirus bill Friday
U.S. House Speaker Nancy Pelosi said she expected the chamber to pass an estimated $2.2 trillion coronavirus relief bill when it meets on Friday, after the Senate overwhelmingly approved the unprecedented economic rescue legislation Wednesday evening.
Business News
Virtual tours, coronavirus clauses: Pandemic upends homebuying across the U.S.
Prospective buyers arriving at Betsy and Eric Melby’s house for sale in Memphis, Tennessee, last week were greeted by a large pump bottle of hand sanitizer and a box of disposable gloves.
Trading Ideas
Zoom Technology shares suspended
Zoom Technologies shares were suspended through April 8th, after the stock was confused with Zoom Video. Yahoo Finance’s Julie Hyman breaks down the news. …read more […]
Trading Ideas
What We Think Of Frontline Ltd.’s (NYSE:FRO) Investment Potential
Today we are going to look at Frontline Ltd. (NYSE:FRO) to see whether it might be an attractive investment prospect… …read more […]
Business News
U.S. weekly jobless claims soar to record 3.28 million
The number of Americans filing claims for unemployment benefits surged to a record of more than 3 million last week as strict measures to contain the coronavirus pandemic brought the country to a sudden halt, unleashing a wave of layoffs that likely ended the longest employment boom in U.S. history.