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Image source: The Motley Fool.

Image source: The Motley Fool.

(RTTNews) - The Indonesia stock market rebounded on Monday, one session after it had halted the two-day winning streak in which it had collected more than 90 points or 2 percent. The Jakarta Composite Index now sits just beneath the 4,515-point plateau and it may extend its gain

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(RTTNews) - The Japanese stock market is declining on Tuesday following the strong gains in the previous session and despite the positive cues overnight from Wall Street. Investors digested data that showed that Japan's unemployment rate rose to a one-year high in March.

(RTTNews) - National Oilwell Varco Inc. (NOV) reported that its net loss attributable to company for the first quarter of 2020 winded to $2.05 billion or $5.34 per share, from $77 million or $0.20 per share in the prior year.

Image source: The Motley Fool.

Image source: The Motley Fool.

(RTTNews) - The Singapore stock market on Monday snapped the five-day losing streak in which it had stumbled almost 100 points or 3.8 percent. The Straits Times Index now rests just beneath the 2,550-point plateau and it may add to its winnings on Tuesday.

Apergy (APY) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.

NBT Bancorp (NBTB) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.

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(RTTNews) - J & J Snack Foods Corp. (JJSF) reported that its second-quarter earnings per share decreased 65% to $0.38 from $1.08 last year. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.90, for the quarter. Analysts

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

General Motors (GM) on Monday suspended its quarterly cash dividend and share buyback plan in an effort to conserve its cash position as the coronavirus-related global lockdowns hurt car sales.

In addition, the Detroit-based automaker announced that it had extended a three-year revolving credit agreement for $3.6 billion to April 2022.

"We continue to enhance our liquidity to help navigate the uncertainties in the global market created by this pandemic," said General Motors Chief Financial Officer, Dhivya Suryadevara. "Fortifying our cash position and strengthening our balance sheet will position the company to create value for all our stakeholders through this cycle."

General Motors said it remained committed to its capital allocation plan, which is focused on reinvesting in the business at pre-tax returns equal to or greater than 20%; maintaining a strong investment-grade balance sheet; and returning capital to shareholders after the first two objectives have been met.

The dividend suspension did not come as a surprise to some analysts.

Adam Jonas, analyst at Morgan Stanley, who had already expected that General Motors would withdraw its dividend from the second quarter does not see a dividend reinstatement within his forecast horizon of 2022.

Jonas, who has a Buy rating on the stock with a $37 price target, views Monday’s announcement as part of a broader turn in fundamentals and newsflow that supports General Motors as his top pick among U.S. automakers.

Overall, Wall Street analysts are cautiously optimistic about General Motors’ stock with 9 Buys, 3 Holds and 1 Sell adding up to a Moderate Buy consensus rating based. With shares currently priced at $22.31, investors could gain 52% in the next 12 months should the $33.92 average price target be met. (See GM stock analysis on TipRanks).

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The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the

What happened Shares of SeaWorld Entertainment (NYSE: SEAS) jumped as high as 20% by 1 p.m. on Monday, April 27, before giving back some of its gains. Amusement park peers Six Flags Entertainment (NYSE: SIX), Cedar Fair (NYSE: FUN), and Walt Disney (NYSE: DIS) also rose dramatic