SAN FRANCISCO/NEW YORK/LONDON (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
What happened
America, after an extended COVID-19 shutdown, is reopening. Or at least parts of it are. And that is proving to be a boon to sales of recreational vehicles. Camping World Holdings (NYSE: CWH) followed up a strong May performance with a 28.2% gain in June, according
What happened
Boeing (NYSE: BA) has had a miserable 2020, but the aerospace giant is steadily making progress resolving some of its biggest issues. The stock is still down big for the year, but shares climbed 25.7% in June, according to data provided by S&P Global Market Int
After spending several years evaluating its Odwalla brand of juice in an effort to find a way to make it profitable, Coca-Cola (NYSE: KO) announced that it is closing down the brand permanently. New deliveries will be halted by July 31. In August, the company says it plans to be
Renowned accessories retailer Five Below, Inc. FIVE is seeing momentum of late, thanks to its business strategies. In addition, the company has been reopening stores and witnessing impressive initial sales trends. The Philadelphia, PA-based company’s shares have climbed as muc
The Federal Aviation Administration said on Wednesday that it and Boeing completed certification test flights on the 737 MAX, a key milestone toward the plane's return to service.
NEW YORK (Reuters Breakingviews) - Tesla’s electrifying rise claimed its biggest victim yet. During morning trading on Wednesday, shares in the Silicon Valley upstart rose some 5% to briefly hit a market value of $210 billion, overtaking Toyota Motor as the world’s l
Canadian pipeline operator Enbridge Inc can restart operations at the west leg of its Line 5 pipeline while the damaged east leg remains shut, a Michigan circuit court judge ruled on Wednesday.
Over the month of June, copper prices have gained 11% and currently trending close to the level of $6,000 a ton. This uptrend can be attributed to optimism over financial stimulus and strong demand in China, which is the top consumer, amid growing fears of disruption in copper o
The U.S. Department of Justice on Wednesday said it was looking to recover another $96 million in assets in real estate and artwork linked to the 1Malaysia Development Berhad (1MDB) international money-laundering conspiracy.
SAN FRANCISCO/NEW YORK/LONDON (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
What happened
Shares of technology platform ANGI Homeservices (NASDAQ: ANGI) climbed higher on Wednesday, a day after the company released a survey suggesting homeowners are looking to knock projects off their to-do lists. For the day, shares rose 8%.
Advertisements for more than 400 brands including Coca-Cola and Starbucks vanished from Facebook on Wednesday, after the failure of last-ditch talks to stop a boycott over hate speech on the site.
Stocks across the globe rose on Wednesday following data pointing to a recovery in manufacturing and on bets for a COVID-19 vaccine, while the risk-on mood pushed the U.S. dollar lower.
A modernized U.S.-Mexico-Canada trade pact took effect on Wednesday, ensuring continuity for manufacturers and agriculture, but the threat of disputes is exposing cracks in what was meant to be a stronger North American fortress of competitiveness.
The second half of 2020 began on Wednesday, and investors got a condensed version of what they've seen much of the year. The Dow Jones Industrial Average (DJINDICES: ^DJI) lost ground, weighed down by poor-performing old-economy stocks. However, the S&P 500 (SNPINDEX: ^GSPC)
U.S. legislation aimed at stopping online child sexual abuse material is likely to be amended to address concerns of platforms like Google and Facebook that the proposed law goes too far to weaken privacy protections for ordinary users, according to a draft of the bill seen by Reuters.
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider's view
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