Apple AAPL has reopened all its 42 retail stores in China after weeks of closures due to the coronavirus outbreak. However, most of the stores will be open for limited hours only.
Ericsson ERIC recently announced the acquisition of Barcelona-based company, Genaker, which is a leading provider of critical communications solutions. The strategic buyout is likely to boost the Swedish communications equipment maker’s presence in Spain and drive its goal of
GDS Holdings Limited’s GDS stock has gained 48.6% over the past year against the 15.7% decline of the industry it belongs to. The company is slated to report fourth-quarter 2019 results on Mar 19, before the bell.
Coronavirus has weighed on corporate earnings and disrupted supply chains, with no immediate respite in sight. Thus, investors expect global businesses to witness longer and steeper downturn.
Investors in Teekay Tankers Ltd. TNK need to pay close attention to the stock based on moves in the options market lately. That is because the May 15, 2020 $30.00 Call had some of the highest implied volatility of all equity options today.
Brown & Brown, Inc.’s BRO subsidiary, Hull & Company, LLC closed the buyout of all the assets of The Colonial Group, Inc., Affordable Home Services, Inc., and Mobilhome Insurance Service, Inc. (collectively, The Colonial Group). It has also acquired the issued and outs
Investors in MPLX LP MPLX need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 18, 2020 $16.00 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows
Talos Energy Inc. TALO was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down
AAON, Inc. AAON has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at AAON given that, according to its RSI reading of 28.04, it is now in oversold te
Stock markets across the globe retreated as concerns of economic fallout from the coronavirus outbreak deepened. All the major U.S. bourses entered bear-market territory and several companies have raised alarm bells about the outbreak weighing on their earnings, and supply chain
Anxiety about the spread of the novel coronavirus has injected bouts of volatility in Wall Street, with the Dow on verge of seeing the worst week in its 124-year history. And the U.S. economy is expected to contract in the wake of European travel ban, suspension of professional
Newmont Corporation NEM stock looks promising at the moment. The company’s shares have rallied more than 30% in the past year.We are positive regarding the company’s prospects and believe that the time is right for you to add the stock to portfolio as it looks promising and
Investors in MagnaChip Semiconductor Corporation MX need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 19, 2020 $10.00 Put had some of the highest implied volatility of all equity options today.
The Scotts Miracle-Gro Company SMG stock looks promising at the moment. The company’s shares rallied around 16% in the past year.We are positive regarding the company’s prospects and believe that the time is right to add the stock to your portfolio as it looks promising and
Wall Street’s historic bull run, which continued for 11 years, finally came to an end on Mar 12. The coronavirus pandemic acted as a catalyst for the start of a fresh bear market. All three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — are in th
CNH Industrial N.V.’s CNHI global powertrain brand — FPT Industrial — recently announced the acquisition of Potenza Technology. The buyout will enhance FPT Industrial’s accelerating development of sustainable electric powertrains across a range of operating segments. Thi
Atlas Air Worldwide Holdings, Inc. AAWW has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at AAWW given that, according to its RSI reading of 26.88,
Celanese Corporation CE is poised to benefit from its productivity measures, growth investments in organic projects and strategic acquisitions amid a challenging demand environment.Shares of this leading chemical and specialty materials maker are down 27% over a year compared wi
The Automotive industry is grappling with the coronavirus outbreak in China and Adient Plc ADNT isn’t immune to this. Amid the macroeconomic headwinds, the company has lowered 2020 guidance. Shares of the Ireland-based automotive seating supplier have plunged 37.7% year to dat