Warren Buffett has bailed on the airlines, with Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) selling its entire stakes in Delta Air Lines (NYSE: DAL), Southwest Airlines (NYSE: LUV), American Airlines Group (NASDAQ: AAL), and United Airlines Holdings (NASDAQ: UAL).
What happened
Shares in automotive technology company BorgWarner (NYSE: BWA) rose by 17.2% in March, according to data provided by S&P Global Market Intelligence. The move marked a bounce in confidence in the marketplace regarding prospects for the global economy in 2020.
Warren Buffett is the most closely followed investor in the world, and every year, shareholders of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) look forward to hearing what the Oracle of Omaha has to say. Because of the coronavirus pandemic, however, the tens of thousands of p
Perhaps early retirement was a possibility for you one year ago. And now? Well, it's tough to say. Your retirement balance has likely been hit by pandemic-related market volatility, and you might be worried about losing your job, too. All around, it's a stressful situation with
Israel's largest bank is paying hundreds of millions of dollars in penalties after helping U.S. taxpayers hide more than $7.6 billion in offshore accounts.
Demand for refined petroleum products like gasoline and diesel have plunged because of the COVID-19 outbreak. That's having a significant impact on oil refiners like Phillips 66 (NYSE: PSX), which lost money refining oil during the first quarter.
The coronavirus pandemic that Saudi Arabia used to launch an all-out war for global market share has turned into an absolute rout. Nearly every corner of the oil world has been affected, and billions of dollars in investor capital has already been destroyed. Eventually the marke
The COVID-19 crisis has been nothing short of a nightmare. Millions of Americans have already lost their jobs because of it, and right now, countless small businesses across the country risk never managing to open their doors again. As such, many adults are stressed out beyond b
There are always opportunities available in the market. Even amid the current COVID-19 pandemic, there are businesses poised to emerge stronger from the turmoil -- and deliver handsome rewards to their investors.
So far, 2020 hasn't been a good year for oil producers. And it's been an absolutely lousy year for U.S. shale oil producers. So, what should investors think about the top producer in North Dakota's Bakken Shale, Hess Corporation (NYSE: HES)?
The past couple of months have been downright awful for mortgage real estate investment trusts (REITs). Even agency REITs, which invest almost entirely in mortgage-backed securities guaranteed by the U.S. government, have seen decreases in book value and deleveraging.
Investors have had a love-hate relationship with Wayfair (NYSE: W). The largest online home goods retailer has delivered blistering sales growth, but even before the COVID-19 outbreak, the shares have been very volatile. One reason is that investors have had a difficult time wr
The spread of the coronavirus around the world has upended the global economy. Efforts to control the virus have centered around social distancing, which is terrible news for real estate investment trusts (REITs) that own malls -- places specifically built so people can congrega
Social Security benefits are an important source of income for today's retirees, but recent polls suggest most people believe there will be no money left to pay benefits by the time they're ready to claim them.
While many other sectors of the stock market have recovered much of their losses, oil stocks as a group remain extremely beaten down. And that makes sense, considering that global oil demand is still down by double digits, with global travel all but halted. In the U.S., gasoline
The following are today's upgrades for Validea's Value Investor model based on the published strategy of Benjamin Graham. This deep value methodology screens for stocks that have low P/B and P/E ratios, along with low debt and solid long-term earnings growth.
Investors have thrown in the towel on Lyft (NASDAQ: LYFT), Vail Resorts (NYSE: MTN), and Shake Shack (NYSE: SHAK), due to the very serious headwinds they are facing from the COVID-19 outbreak.
Data storage device maker Western Digital (NASDAQ: WDC) reported third-quarter results after the closing bell on Thursday, April 30. It was a mixed report with solid sales and dramatic earnings growth, but analysts had been looking for an even sharper uptick on the bottom line.
It's been nearly two years since Qualcomm (NASDAQ: QCOM) gave up on its $44 billion buyout of NXP Semiconductors (NASDAQ: NXPI). Let's have a look at how the two microchip makers have fared since that fateful day. Should you buy either one of these tech stocks today?