In view of significant uncertainty arising from the novel coronavirus outbreak, TopBuild Corp. BLD announced the withdrawal of its full-year 2020 revenue and adjusted EBITDA guidance.The company — which is slated to release first-quarter results on May 5 — had expected reven
The coronavirus (Covid-19) pandemic has induced unprecedented volatility in the financial markets.Investors, particularly, are having a tough time sailing through the current market turbulence. However, the panic-driven sell-off has created solid buying opportunities.In this reg
Investors in Laredo Petroleum, Inc. LPI need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 16, 2020 $1.00 Call had some of the highest implied volatility of all equity options today.
ORIX Corporation IX could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for IX broke out below the 200 Day Simple Moving Average, suggesting short-term bearish
U.S. equity markets have been surging for the last three weeks, with the Nasdaq Composite index exiting the bear-market territory, as investors hope that the economy will recover from the coronavirus crisis. This optimism is backed by the combined efforts of the U.S. government
Stock futures were pointing to a lower open Wednesday morning. Bank of America stock was falling after reporting earnings, while UnitedHealth was rising.
Daqo New Energy Corp.'s DQ shares are up 29.2% over the past six months. The company has also topped its industry’s decline of 21.6% over the same time frame.The leading producer of high-purity polysilicon has a market cap of roughly $700.7 million and average volume of shares
ARMOUR Residential REIT, Inc. ARR has been struggling lately, but the selling pressure may be coming to an end soon. That is because ARR recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
All three major U.S. stock indexes are under pressure from a combination of downbeat earnings reports, low prices for oil, and grim news on retail sales.
All three major U.S. stock indexes are under pressure from a combination of downbeat earnings reports, low prices for oil, and grim news on retail sales.
All three major U.S. stock indexes are under pressure from a combination of downbeat earnings reports, more losses for oil, and grim news on retail sales.
European stocks and U.S. equity futures are under pressure for Wednesday as oil prices retreat amid a grim forecast from the International Energy Agency. That is as earnings season gets under way.
Genesis Energy, L.P. GEL recently won a downstream contract from Fieldwood Energy and Ridgewood Energy-operated Ridgewood Katmai and ILX Prospect Katmai. Per the deal, it will be responsible for transporting all crude oil production from the Gulf of Mexico Katmai field developme
PDC Energy, Inc. PDCE has announced capex cuts and share repurchase deferrals in a bid to preserve cash for maintaining strong liquidity amid a possible financial crisis due to the coronavirus outbreak.
Banks and the businesses they lend to are putting the brakes on preparations for the end of Libor, industry sources say, because they are too busy grappling with fallout from the coronavirus to deal with the complexities of interest rate benchmarks.
The coronavirus health crisis likely knocked China's economy into its first decline since at least 1992 in the first quarter, raising the heat on authorities to do more to restore growth as mounting job losses threaten social stability.
The Dow, the S&P 500, and the Nasdaq all jumped again on Tuesday, as the market rally continued on optimism that social distancing measures are working to flatten the coronavirus curve. Wall Street is now looking ahead to the economy perhaps slowly starting to reopen.
Annaly Capital Management (NLY) closed the most recent trading day at $5.97, moving -1.81% from the previous trading session. This change lagged the S&P 500's 3.06% gain on the day. At the same time, the Dow added 2.39%, and the tech-heavy Nasdaq gained 3.95%.
Facebook (FB) closed the most recent trading day at $178.17, moving +1.93% from the previous trading session. This change lagged the S&P 500's 3.06% gain on the day. At the same time, the Dow added 2.39%, and the tech-heavy Nasdaq gained 3.95%.