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Why Brazilian Stocks Are Crashing

6 years 6 months ago
What happened Natura & Co (NYSE: NTCO); Banco Bradesco (NYSE: BBD); Petroleo Brasileiro (NYSE: PBR) (NYSE: PBR.A); Braskem SA (NYSE: BAK). American stocks imploded again today, but if you take a look at the stock-price performances of these four names, it's pretty clear that
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Why These Chinese Tech Stocks Got Crushed Today

6 years 6 months ago
What happened On another tough day for stocks across the spectrum, some of China's top tech companies had it even worse. Shares of iQiyi (NASDAQ: IQ) were down more than 12% in afternoon trading and closed down 8%; Bilibili (NASDAQ: BILI) shares fell 13.7%, while Sohu.com (NASDA
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White House Removes Telehealth Regulations to Help Fight Coronavirus

6 years 6 months ago
As the U.S. healthcare systems braces for the expected surge of COVID-19 patients, the Trump administration has been a vocal proponent of telehealth services. The Centers of Medicare and Medicaid Services (CMS), which is part of the Department of Health and Human Services (HHS),
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Kroger CEO Says Not to Worry About Food Shortages

6 years 6 months ago
The coronavirus pandemic has led to widespread runs on grocery stores as people stock up to stay home and isolated -- perhaps for weeks. In some parts of the country, worried shoppers have been picking store shelves bare, creating shortages of a host of items -- and not just toi
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Why CarMax, AutoNation, and LKQ Corp. Are Plunging More Than 20%

6 years 6 months ago
What happened Shares of CarMax (NYSE: KMX), AutoNation (NYSE: AN), and LKQ Corporation (NASDAQ: LKQ) are down 23%, 20%, and 24% respectively, on yet another brutal day in the markets as investors realize potential economic impacts from COVID-19 on the global economy and healthca
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Chinese mobile phone maker UTime files for a $22 million US IPO

6 years 6 months ago
UTime, a Chinese mobile phone and electronics manufacturer, filed on Wednesday with the SEC to raise up to $22 million in an initial public offering. The company provides cost-effective mobile devices to emerging markets such as India, South Asia, and Africa. The Shenzhen, China-
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Coronavirus Precautions Force GE Appliances to Reduce Operations

6 years 6 months ago
Contributing to the nationwide effort to "flatten the curve," GE Appliances recently announced that it will reduce shifts or suspend operations in four states: Alabama, Georgia, Kentucky, and Tennessee. The last day of normal operations will be Thursday, March 19, and the revise
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Why Shares of BorgWarner Are Down Sharply Today

6 years 6 months ago
What happened Shares of auto parts supplier BorgWarner (NYSE: BWA) were down sharply in trading on Wednesday afternoon, after several major automakers said that they will temporarily shut down their North America factories because of falling sales and workers' concerns about the
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