The Nasdaq Composite (NASDAQINDEX: ^IXIC) had a rough start to the new week. Fears about soaring coronavirus infection rates around the world and uncertainty over the presidential election next Tuesday left market participants struggling to figure out which way stocks should move
What happenedShares of Beyond Meat (NASDAQ: BYND) fell by 4% Monday after chief rival Impossible Foods said that it was expanding its retail distribution at Canadian grocery stores. The news came a little more than a year after Beyond Meat entered the Canadian market for plant-b
(RTTNews) - Amkor Technology, Inc. (AMKR) Monday reported third-quarter profit of $92 million or $0.38 per share compared to last year's profit of $54 million or $0.23 per share. Tempe, Arizona-based Amkor's revenues for the quarter rose to $1.354 billion from $1.084 billion last
(RTTNews) - American International Group, Inc. (AIG) announced that it has named Peter Zaffino as its Chief Executive Officer, effective March 1, 2021, in addition to his current role as President. Zaffino has also been appointed to serve as a Director, effective immediately.Bria
(RTTNews) - The Switzerland stock market ended lower on Monday, in line with markets across Europe, as surging coronavirus cases and tougher lockdown restrictions in several places across the world raised concerns about economic recovery.However, the Swiss market's loss was far l
The world's largest pharmaceuticals and chemicals conglomerate took another big step into the gene therapy arena on Monday. Bayer (OTC: BAYRY) has agreed to acquire Asklepios BioPharmaceutical, a privately held U.S. company more commonly known as AskBio.Bayer will pay $2 billion
What happenedShares of Hertz Global Holdings (NYSE: HTZ) and Avis Budget Group (NASDAQ: CAR) were among the market's biggest losers today, sliding along with a broader sell-off on concerns about rising coronavirus cases and fading hopes for another stimulus package.
What happenedShares of movie chain owner AMC Entertainment (NYSE: AMC) fell throughout morning trading, hitting a drop of roughly 9% at 1 p.m. EDT. The broader market was selling off, too, with the S&P 500 Index down by roughly 2.5% at 1 p.m. The drops were correlated.
What happenedCongressional lawmakers are preparing to leave Washington, and any hopes of a second stimulus package prior to the election are exiting with them. Meanwhile, the stats on new COVID-19 cases continue to rise.
While its share value has nosed down slightly today, lululemon athletica (NASDAQ: LULU) got a longer-term thumbs-up from a J.P. Morgan analyst on Monday in the form of a price target predicting a nearly 26% upside for the stock. As reported by The Street, the bank continues to ra
(RTTNews) - European stocks ended notably lower on Monday as worries about continued spikes in coronavirus cases across Europe and the U.S. and tougher lockdown restrictions in several countries, including the U.K., France, Germany and Spain, raised concerns about economic recove
What happenedIt's a bad day for energy investors, a bad day for oil stocks, and even a bad day for stocks offering alternatives to oil, as shares of everyone from ConocoPhillips (NYSE: COP) to Bloom Energy (NYSE: BE) to Plug Power (NASDAQ: PLUG) have plummeted. As of 12:55 p.m. E
Hospitals have faced some significant challenges in 2020 due to the COVID-19 pandemic. HCA Healthcare (NYSE: HCA) is no exception. While shares of the large hospital operator have rebounded significantly from the lows earlier this year, HCA stock remains in negative territory yea
In this episode of ETF Spotlight, I speak with Matthew Bartolini, Head of SPDR Americas Research at State Street Global Advisors. We discuss how the presidential election outcome may influence investments, and implementation ideas to position portfolios.We are now less than three
Apple (NASDAQ: AAPL) is planning to release next-generation versions of its AirPods and AirPods Pro, and the upgraded models could be available as early as next year, according to a report by Bloomberg. The wireless earbuds have become an important growth engine for Apple and hav
What happenedShares of SAP (NYSE: SAP) fell as much as 23.9% on Monday morning, recovering to a slightly milder 23.1% drop as of 12:45 p.m., EDT. The German provider of enterprise software and related services updated its full-year guidance and longer-term business plan, includi
Plant-based-meat maker Impossible Foods, continuing its market share race with its chief rival Beyond Meat (NASDAQ: BYND) and other faux meat manufacturers, announced Monday it has forged a new partnership with Canadian supermarket chain Sobeys. Owned by Empire Company Limited, S
What happenedShares in cruise line stocks are off by more than 8% today after more than 80,000 new COVID-19 cases on Friday marked a daily record in the U.S. and new restriction measures were being reimplemented as cases also surge in parts of Europe.
In this episode of Motley Fool Answers, Alison Southwick is joined by Motley Fool personal finance expert Robert Brokamp, and senior analyst Bill Mann to talk about asset allocation. Alison starts the show with tax fraud news and examines how the upcoming election could impact th
Global kids media company Genius Brands International (NASDAQ: GNUS) announced Monday former NBA star Shaquille O'Neal has agreed to executive produce and star in a new animated series, and become a shareholder in the company.Shaq's Garage won't debut until 2022, but it will be f