Trading Ideas
Should you refinance into a 30-year or a 15-year mortgage during the pandemic?
A tough choice has become even more complicated amid the coronavirus crisis. …read more […]
Month: May 2020
Trading Ideas
Downgrade: Here's How Analysts See ONEOK, Inc. (NYSE:OKE) Performing In The Near Term
Market forces rained on the parade of ONEOK, Inc. (NYSE:OKE) shareholders today, when the analysts downgraded their… …read more […]
Business News
U.S. airline shares tumble as Buffett stake riddance fuels investor worries
Shares of the top four U.S. airlines dropped on Monday after billionaire investor Warren Buffett’s Berkshire Hathaway said it offloaded its entire stake in the carriers last month, adding to the sense of crisis around the industry.
Business News
France rejects Amazon’s request for unemployment schemes at six sites
The French government has rejected Amazon ‘s request to tap a state partial unemployment scheme for employees at its six warehouses in the country, a spokeswoman for the labour ministry said on Monday.
Business News
Tyson faces safety costs, sales hit from coronavirus
Tyson Foods Inc said on Monday it would temporarily close plants as needed in the battle with the coronavirus outbreak and expects meat sales to fall in the second half of this year as shutdowns hammer restaurants and other food outlets.
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News Flash: Analysts Just Made A Substantial Upgrade To Their Matador Resources Company (NYSE:MTDR) Forecasts
Celebrations may be in order for Matador Resources Company (NYSE:MTDR) shareholders, with the analysts delivering a… …read more […]
Business News
Oil falls on renewed U.S.-China tensions, global glut
Oil prices fell on Monday on worries that a global oil glut may persist even as coronavirus pandemic lockdowns start to ease and amid a fresh spat between the United States and China over the origin of the virus.
Trading Ideas
Tyson Sinks With Virus Pushing Up Costs, Cutting Volumes
(Bloomberg) — Tyson Foods Inc. shares fell after the top U.S. meat supplier said unprecedented disruptions are reducing its output and pushing up costs, with the outlook so murky it couldn’t offer financial guidance for the year.U.S. plant shutdowns and slowdowns in the past month are set to continue, resulting in higher operating costs and lower volume for the rest of fiscal 2020, Tyson said in a statement on second-quarter earnings, which missed estimates. While the pandemic has meant higher retail sales volume, that hasn’t been enough to offset food-service losses. “Due to the uncertainty of the COVID-19 impacts to …read more […]
Trading Ideas
Medical Properties Trust, Inc. Just Missed EPS By 46%: Here's What Analysts Think Will Happen Next
The analysts might have been a bit too bullish on Medical Properties Trust, Inc. (NYSE:MPW), given that the company… …read more […]
Business News
‘Like watching a train wreck’: The coronavirus effect on North Dakota shale oilfields
Oil executive Bill Kent was with fellow managers in the Colorado board room of Resource Energy headquarters on April 20 when benchmark U.S. crude prices collapsed to minus $37 a barrel. Sitting six feet apart because of the coronavirus, they knew the pandemic was not only a personal matter.
Business News
Tyson Foods expects sales volume to fall in second half of 2020
Tyson Foods Inc said on Monday it expects meat sales volume to fall in the second half of this year, as restaurants are being forced to operate at a limited capacity due to the COVID-19 pandemic.
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Nuclear is Getting Hammered by Green Power and the Pandemic
(Bloomberg) — Generating power without harmful carbon emissions has never been more urgent, yet one of the biggest sources of clean power is struggling to turn a profit.The nuclear industry has been vying for a role as the perfect partner to the surging, but intermittent, renewables sector for years, citing its role as a stable source of emissions-free power. Nations around the world have set tough targets to reduce greenhouse gases with the help of clean energy to meet commitments set out in the 2015 Paris Agreement.Record output from wind and solar is more frequently creating an oversupply that can …read more […]
Business News
Ferrari cuts FY guidance due to coronavirus, sees slight drop in core profit
Ferrari said on Monday it had cut its core profit estimates for the year to reflect the impact of the coronavirus crisis, expected to mainly affect second quarter results.
Trading Ideas
Analysts Just Slashed Their MercadoLibre, Inc. (NASDAQ:MELI) Earnings Forecasts
The analysts covering MercadoLibre, Inc. (NASDAQ:MELI) delivered a dose of negativity to shareholders today, by making… …read more […]