The devastating impact of the novel coronavirus outbreak (COVID-19) on the global economy has compelled Red Robin Gourmet Burgers, Inc. RRGB to withdraw its previously announced 2020 guidance. Thanks to the crisis, the company has also suspended its share repurchase programs.
The coronavirus market crash has sent yields of several dividend stocks shooting through the roof. A high dividend yield can be alluring, but savvy income investors should avoid getting trapped, as not all high-yield dividend stocks make good investments. Now is the time to look
The past month has been pretty extraordinary. But there are signs that the market is starting to act more rationally and waiting on new data to see whether valuations are oversold, or need to be ratcheted down some more.
Amgen (NASDAQ: AMGN) and Adaptive Biotechnologies (NASDAQ: ADPT) announced on Thursday that they will collaborate to develop a therapy targeting novel coronavirus disease COVID-19. Their joint effort will combine Amgen's immunology expertise with Adaptive's platform for identify
(RTTNews) - Shares of Starbucks Corporation (SBUX) are climbing more than 4% Thursday morning despite the market opened in red after the jobless claims hit a record of 6.65 million for the last week. There are no company-specific news that drove the stock up.
(RTTNews) - Shares of Shopify Inc. (SHOP) are losing more than 8 percent in Thursday's trading at $353.58. The shares have traded in a range of $190.38 to $593.89 in the past 52 weeks.
McDonald's (NYSE: MCD) has closed its dining rooms but still offers delivery, drive-through, and pickup in most locations. That puts the company in a challenging position as it has to make sure it does everything it can to keep its customers and employees safe.
(RTTNews) - Reflecting a steep drop in the value of imports, the Commerce Department released a report on Thursday showing the U.S. trade deficit narrowed significantly in the month of February.
With stock market news dominating the headlines of late -- Dow up 1,000-plus points, Dow down 1,000-plus points -- it's hard not to get bitten by the investing bug and want to get in on the action. And that's a good thing because this wealth-building tool isn't only available to
Apple (NASDAQ: AAPL) looked all set to step on the gas in 2020, as iPhone sales were expected to grow after years of stagnation. But the impact of COVID-19 is likely to dent that forecast and produce another year of mediocre iPhone sales.
Altria (NYSE: MO) is being sued by the Federal Trade Commission for its $12.8 billion investment in Juul Labs in 2018 because it supposedly violates antitrust laws.
What happened
Shares of Chesapeake Energy (NYSE: CHK) tumbled 37.2% in March, according to data provided by S&P Global Market Intelligence. Weighing on the energy company were dual nosedives in the price of oil and natural gas due to the effect of the COVID-19 pandemic
(RTTNews) - Medical technology company Haemonetics Corp. (HAE) announced Thursday that it has acquired enicor GmbH, a privately held manufacturer of a new generation whole blood coagulation testing system (ClotPro), which is based in Munich, Germany. Financial terms of the deal
The outbreak of coronavirus is affecting the economy in unexpected ways. Nearly all things digital got a dose of rocket fuel as households have been stuck at home, and many employees are forced to work remotely. But not all digital economy companies have been winners. Robotic su
(RTTNews) - HollyFrontier Corp. (HFC) announced Thursday that Timothy Go will join HollyFrontier as Executive Vice President and Chief Operating Officer, effective July 2020, after leaving from his current role. Go brings more than 30 years of operating experience serving in exe
(RTTNews) - Boston Scientific Corp. (BSX) said business trends through the first two months of the fiscal year were in line with company expectations. Due to the impact from COVID-19, the company now expects first quarter revenue growth on a GAAP basis to be approximately flat t
The longest bull market in history, from 2009 to early 2020, is officially over. On March 11, the Dow Jones closed more than 20% down from its most recent high, officially crossing the border into bear market territory. It was bound to happen eventually. But it is worth noting
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