Churchill Downs, Inc. (NASDAQ: CHDN) announced this week that it intends to furlough its employees from ten of its locations, including both racetracks and casinos. Though the furlough is intended to be temporary, the workers will receive no pay during the period. The press rele
Ten days ago, L Brands (NYSE: LB) announced that in response to the growing threat of the coronavirus pandemic, it would "temporarily close all Bath & Body Works, Victoria's Secret and PINK stores in the United States and Canada, effective March 17 through March 29, 2020."
BlackRock Inc will earn less than $8 million a year in fees for its role assisting the Federal Reserve with its purchases of commercial mortgage-backed securities, one of the new programs the central bank is rolling out to backstop an economy under threat from the coronavirus outbreak, according to details of the arrangement released on Friday.
Sanofi (NASDAQ: SNY) and Translate Bio (NASDAQ: TBIO) are joining the crowd of companies searching for a vaccine for SARS-CoV-2, the coronavirus that causes COVID-19. That's a crowd that certainly can't have too many participants at this point in the pandemic.
What happened
Shares of Chart Industries (NASDAQ: GTLS), a maker of cryogenic gas processing and storage equipment, closed trading on Friday down 5.8%, which sounds like bad news. In fact, it's relatively good news for shareholders since at one point today, Chart was down close
PNM Resources’ PNM long-term investment plans, phased exit from coal-based generation assets, initiatives to provide reliable and affordable clean power will drive performance.We recently issued an updated research report on this Zacks Rank #3 (Hold) company. You can see the c
American Water Works AWK announced that its subsidiary, New Jersey American Water, will continue with planned infrastructure projects across its service areas amid the novel coronavirus threat. Infrastructure maintenance and upgrades at regularly intervals are quite essential to
The coronavirus crisis shows no signs of dissipating any time soon, with the United States now leading the world in the number of confirmed coronavirus cases. The world’s third most populous nation with 330 million residents, United States has reported at least 85,000 confirme
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which
It's an unusual move, but one born of unusual circumstances. One Kroger (NYSE: KR) store near its corporate headquarters in Cincinnati, Ohio, has closed its doors to walk-in shoppers and now only serves customers picking up online orders. Now being referred to as the Mt. Carmel
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which
In trading on Friday, shares of Coupa Software Inc (Symbol: COUP) crossed above their 200 day moving average of $143.79, changing hands as high as $148.79 per share. Coupa Software Inc shares are currently trading up about 2.6% on the day. The chart below shows the one year
On Tuesday, Whirlpool (NYSE: WHR) informed investors that it was pulling its 2020 guidance in light of the COVID-19 pandemic, which is disrupting its supply chains and reducing demand for its products. The uncertainty also prompted the company to withdraw $2.2 billion from its $
Users worried they might have coronavirus symptoms can now ask Alexa, Amazon's (NASDAQ: AMZN) virtual AI assistant, and get advice based on CDC guidelines. While not a substitute for actual medical testing and recommendations, the program is now equipped to provide a thumbnail a