A long line to receive free food from a food pantry run by the Council of Peoples Organization on May 15, 2020 in the Midwood neighborhood of Brooklyn, New York. Andrew Lichtenstein | Corbis | Getty Images State reopenings have not yet helped stem the rise in unemployment, which is expected to show another big
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are BlackBerry Ltd., Oracle Corp., and Kroger Co. BlackBerry US:BBRY BB, -2.00% is projected to report a loss of 27 cents a share in the first quarter, according to a consensus survey by FactSet. The Canadian smartphone
On May 18, President Trump met with several leaders and executives from the restaurant industry. By now, we’re all familiar with how a wide range of businesses have suffered as a result of the Covid-19 outbreak and ensuing lockdown. And so, in the recent meeting with President Trump, restaurant executives have asked for more federal
A number of industries have been absolutely pummeled by the novel coronavirus pandemic. With the exception of cruise lines, few have taken it on the chin the way airlines have. International and domestic air travel has plummeted, and the future of air travel looks far from promising. American Airlines (NASDAQ:AAL) shares have dropped by as
As the tax-filing deadline approaches, many taxpayers contribute to a traditional IRA to lower their taxable income. If you are considering doing so, it is important to know the eligibility requirements; otherwise, the Internal Revenue Service (IRS) may assess an excess contribution penalty. Here are some important reminders. Key Takeaways Retirement accounts such as IRAs
After a steep selloff on Tuesday, equities rebounded with aggression on Wednesday. With that in mind, let’s look at a few top stock trades. Top Stock Trades for Tomorrow No. 1: Lowe’s (LOW) Lowe’s (NYSE:LOW) initially opened higher on the day and looked like it was headed back to its highs on better-than-expected earnings. However,
Richard Branson’s Virgin Orbit, with a rocket under the wing of a modified Boeing 747 jetliner, takes off for a key drop test of its high-altitude launch system for satellites from Mojave, California, July 10, 2019. Mike Blake | Reuters Sir Richard Branson‘s Virgin Orbit is set to conduct its first orbital rocket launch as
Strauss Zelnick, CEO, Take-Two Scott Mlyn | CNBC Check out the companies making headlines after the bell. Expedia — The travel booking platform’s stock whipsawed and climbed 4% in extended trading after the company gave its first-quarter financial results. Expedia reported a loss of $1.83 per share on revenue of $2.21 billion, while analysts expected
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Friday’s session are Oracle Corp., Smith & Wesson Holding Corp., and Family Dollar Stores Inc. After Thursday’s closing bell, Oracle ORCL, +1.07% said its fiscal fourth-quarter profit fell to $3.65 billion from $3.81 billion a year earlier. Per-share earnings
[Editor’s note: “The 8 Best Cash Cow Stocks to Buy for Stable Returns” was previously published in November 2019. It has since been updated to include the most relevant information available.] One of the most popular investment strategies is to focus on fast-charging growth companies. The appeal, of course, is that you can get in on
[Editor’s note: “7 Tech Industry Dividend Stocks for Growth and Income” was previously published in February 2020. It has since been updated to include the most relevant information available.] Equities in the tech sector usually don’t become popular dividend stocks. Even when they finally introduce payouts, it often only happens after years of pressure from
Not too long ago, many pundits noted that the rising equities sector represented “the most hated bull market.” Following the devastation of the novel coronavirus, this could be the most loved bear market. While the pandemic delivered a gut punch to the labor force, Wall Street seems to be taking this in stride. After all,
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In this week’s episode what I’d like to do with your share with you What is Beta and How Can You Use Beta on the Stock Market Tables to make trading decisions or investment decisions for your personal portfolio. Knowing what Beta is First off before we even get into what is Beta more important
Kevin Matras goes over the benefits of a bull call spread and how it can help you earn big profits on relatively small moves. Listen to Kevin Matras explain options trading further in our podcast! https://soundcloud.com/zacks-investment-research/zacks-market-edge-podcast-31
Major equity benchmarks rallied anew on Wednesday amid signs there’s pent up demand in various cyclical sectors of the economy and that reopening headlines remain a significant catalyst for riskier assets. Source: Provided by Finviz The S&P 500 jumped 1.67%. The Dow Jones Industrial Average added 1.52% The Nasdaq Composite gained 2.08% Amid signs that previously
Ricky Sandler, founder and chief executive officer of Eminence Capital LP, speaks during a Bloomberg Television interview at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, May 1, 2018. Patrick T. Fallon | Bloomberg | Getty Images A hedge fund chief who had a bullish view of the stock market when
Steven Mnuchin, U.S. Treasury secretary, center, walks through the U.S. Capitol in Washington, D.C., U.S., on Sunday, March 22, 2020. Sarah Silbiger | Bloomberg | Getty Images The first U.S. auction of a 20-year Treasury bond in 34 years was met with strong demand, showing the market is open to the government’s plan to extend the average
NEW YORK (MarketWatch) — A spurt of acquisition announcements or talk of deals involving Wisconsin Energy Corp., Oracle Corp., and General Electric Co. may set those shares up for active trading in Monday’s session. Wisconsin Energy Corp. WEC, +0.70% said it would buy Integrys Energy Group Inc. US:TEG in a cash-and-stock purchase valued at $9.1
JetBlue Airways (NASDAQ:JBLU) is likely to be a survivor. And I think JBLU stock is going to be a winner over the long run. Source: Roman Tiraspolsky / Shutterstock.com I am impressed with the company’s liquidity and its ability to survive. On May 7, JetBlue reported that it had up to $3.1 billion in total