In trading on Friday, shares of JELD-WEN Holding Inc (Symbol: JELD) crossed above their 200 day moving average of $18.09, changing hands as high as $19.29 per share. JELD-WEN Holding Inc shares are currently trading up about 7.7% on the day. The chart below shows the one yea
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A lot of oil stocks are surging today, with one category -- oil drillers -- seeing some of the biggest gains. As of 1:56 p.m. EDT on Friday, the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) was up 2.8%, but companies involved in both offshore and on-land oil and g
In trading on Friday, shares of Fortive Corp (Symbol: FTV) crossed above their 200 day moving average of $67.83, changing hands as high as $73.15 per share. Fortive Corp shares are currently trading up about 5.2% on the day. The chart below shows the one year performance of
What happened
Shares of sporting goods and casual apparel maker Under Armour (NYSE: UA)(NYSE: UAA) fell hard in May. According to data from S&P Global Market Intelligence, Under Armour's Class A shares fell 16% and the Class C shares lost 15.2%. A disappointing first-quart
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Shares of hotel real estate investment trust (REIT) Pebblebrook Hotels (NYSE: PEB) rocketed higher by nearly 20% in early Wall Street trading on June 5. Following close behind was Park Hotels & Resorts (NYSE: PK), with a roughly 19% gain. Meanwhile, DiamondRock
China's Ministry of Culture and Tourism on Friday advised the public to avoid traveling to Austrlia, citing racial discrimination and violence against the Chinese in connection with the COVID-19 pandemic.
The high-profile rent strike being waged by retailers like Gap, L Brands, and others could force shopping mall operator CBL & Associates (NYSE: CBL) into bankruptcy.
What happened
Crude oil prices jumped today. WTI, the leading U.S. oil price benchmark, had risen about 4.5% by 11:15 a.m. EDT on Friday. That fueled a big rally in most oil stocks.
The Trump administration has ordered Marriott International to wind down hotel operations in Communist-run Cuba, a company spokeswoman told Reuters, extinguishing what had been a symbol of the U.S.-Cuban detente.
NEW YORK/LONDON/HONG KONG (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
NEW YORK (Reuters Breakingviews) - Even on a busy day, Zurich’s Kloten is among the world’s easiest airports to manage. Like everything Swiss, the security queues flow in an orderly fashion, the passport control booths are appropriately staffed, the clerk at the Lade
India's Reliance Industries late on Friday said U.S. private equity fund Silver Lake [SILAK.UL] and its co-investors will put in an additional 45.46 billion rupees ($601.40 million) in the company's digital unit Jio Platforms.
In trading on Friday, shares of Raymond James Financial Inc (Symbol: RJF) crossed above their 200 day moving average of $80.50, changing hands as high as $85.82 per share. Raymond James Financial Inc shares are currently trading up about 4.2% on the day. The chart below show
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Shares of Yelp Inc. (NYSE: YELP) were quickly rising today after the U.S. Labor Department released a positive jobs report for the month of May.
India and China agreed on Friday to resolve a dispute over their shared border in the Ladakh region through diplomatic channels, the Indian foreign affairs ministry said in a statement.
Facebook Inc said on Friday it had not seen evidence of coordinated foreign interference targeting the U.S. protests spurred by the police killing of George Floyd, an unarmed black man.
What happened
The Lovesac Company (NASDAQ: LOVE), maker of modular sectional furniture and beanbag chairs, saw a share price increase of 53.5% in May according to data provided by S&P Global Market Intelligence.
Citigroup Inc said on Friday it would "proactively" close some branches and reduce hours at others in light of protests around the country in response to the death of George Floyd that have at times turned violent.
What happened
Shares of LATAM Airlines Group (NYSE: LTM) soared 22% on Friday morning, before falling back somewhat, on encouraging news about a potential post-COVID-19 travel recovery. But not all airline stocks are the same, and investors should avoid buying into the rally in
Another big biopharmaceutical company has joined the crowd working to develop effective treatments for COVID-19. AbbVie (NYSE: ABBV) has partnered with Harbour BioMed, Utrecht University, and Erasmus Medical Center to develop 47D11, an antibody that blocks the SARS-CoV-2 corona