Apple Inc on Monday capitalized on the Federal Reserve's emergency measures in response to the coronavirus outbreak to issue its cheapest bonds in years, making it the latest blue-chip company to do so to fund stock buybacks and dividends.
Texas auto dealer Hayden Elder says March was his worst month in 42 years selling cars thanks to the coronavirus, but April brought days that were "almost normal" and he expects bigger customer discounts to help him sell more Dodge Ram pickup trucks this month.
What happened
Shares of Hertz Global Holdings (NYSE: HTZ) and rival Avis Budget Group (NASDAQ: CAR), well-known vehicle rental companies, and Carvana (NYSE: CVNA), a used-car retailer, all dropped double digits Friday morning as COVID-19 is causing ripple effects throughout the
The Multi-Asset Diversified Income Index Fund ETF is seeing unusually high volume in afternoon trading Friday, with over 2.3 million shares traded versus three month average volume of about 321,000. Shares of MDIV were down about 3.5% on the day.
In this episode of Motley Fool Answers, Alison Southwick is joined by Motley Fool Senior Advisor and Certified Financial Planner Robert Brokamp and Motley Fool contributor Asit Sharma. They answer listeners' questions on the CARES Act, Dividend Aristocrats, backdoor Roth IRAs, r
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse
What happened
Shares of General Motors (NYSE: GM) were trading lower on Thursday, as investors braced for grim April auto sales results and digested a report that GM could be dragged into an ongoing federal investigation of the United Auto Workers (UAW) labor union.
Global automakers seeking emergency financing for their plants in Brazil have reached an impasse with several state and private banks, after the lenders demanded collateral from the parent companies, two sources told Reuters.
Tesla Inc on Wednesday posted its third quarterly profit in a row, but said the novel coronavirus was hurting deliveries and lockdown restrictions made it impossible for the electric carmaker to provide guidance for the full year.
Auto-industry supplier BorgWarner (NYSE: BWA) said that it expects to resume limited production at a tornado-damaged South Carolina factory in early May.
3M (NYSE: MMM) has consistently hit the headlines since the coronavirus outbreak, but for the right reasons. As a leading manufacturer of critical N95 respirator masks, 3M has rapidly scaled up global mask production in recent weeks, supplying them to healthcare workers and the
What happened
Shares of General Motors (NYSE: GM) were rising on Wednesday, after rival Ford Motor Company (NYSE: F) reported a first-quarter loss and said that its losses in the current quarter could exceed $5 billion.
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