The coronavirus pandemic continues to weigh on the global stock market.Most U.S. companies across industry domains have slashed their first-quarter guidance owing to expectations of revenue losses.Last month, a study by The Guardian estimated that the outbreak might cost the g
Activity in China's vast manufacturing sector likely remained in contraction in March, though it was set to stabilise slightly from the coronavirus-led collapse that virtually paralysed the world's second-biggest economy.
The Federal Reserve has offered more than $3 trillion in loans and asset purchases in recent weeks to stop the U.S. financial system from seizing up, but it has not yet directly helped large swaths of the real economy: companies, municipalities and other borrowers with less than perfect credit.
South Korea's exports likely expanded for a second month in March helped by solid chip demand and as China's factories resume operations, but the global coronavirus spread will spoil chances for a sustained recovery, a poll showed.
U.S. Covid-19 cases topped 124,000 early Sunday morning. It’s the highest total for any country by more than 30,000 cases. Federal, state, and local government officials are rapidly trying to increase testing and hospital capacity.
After a three-day rally, stocks pulled back on Friday, killing (some) hope that the bottom has been reached. But I don't think Friday’s decline -- which has become the trading norm -- is enough evidence to say one way or another that we have not bottomed.
PNM Resources’ PNM long-term investment plans, phased exit from coal-based generation assets, initiatives to provide reliable and affordable clean power will drive performance.We recently issued an updated research report on this Zacks Rank #3 (Hold) company. You can see the c
American Water Works AWK announced that its subsidiary, New Jersey American Water, will continue with planned infrastructure projects across its service areas amid the novel coronavirus threat. Infrastructure maintenance and upgrades at regularly intervals are quite essential to
Sanofi announced a new effort to develop a vaccine to prevent the novel coronavirus, Covid-19, using messenger RNA, in a collaboration with the biotech firm Translate Bio.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which
In trading on Friday, shares of Coupa Software Inc (Symbol: COUP) crossed above their 200 day moving average of $143.79, changing hands as high as $148.79 per share. Coupa Software Inc shares are currently trading up about 2.6% on the day. The chart below shows the one year
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the
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