On Mar 2, the Dow has recovered some lost ground on news that several major central banks worldwide are likely to take initiatives to stimulate the global economy, which is currently grappling with the severe coronavirus outbreak. In fact, even other major stock indexes like the
Shares of U.S. steel companies are getting punished amid the coronavirus outbreak, which has been spreading fast outside China of late. The lethal respiratory virus has taken a heavy toll on most commodities due to a slowdown in demand in China – the world’s biggest consumer
Stock markets may find a floor when not just the politicians, but those in the U.S. professional medical community “tell us we can stop panicking,” says Randy Frederick, the Schwab Center for Financial Research’s vice president of trading and derivatives
As the market has plunged, Zoom Video (ZM) stock has skyrocketed nearly 50% this month. It is one of a basket of work-at-home (and learn-at-home) companies that are seen as beneficiaries during the coronavirus outbreak
Xcel Energy Inc (Symbol: XEL) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.6% yield, as well as being recognized by prominent asset managers as being a socia
Broadridge Financial Solutions, Inc.BR yesterday announced that it has completed the acquisition of FundsLibrary — a leader in fund document and data dissemination in the European market — from Hargreaves Lansdown. The deal was initially announced on Jan 21, 2020. Financial
As of late, it has definitely been a great time to be an investor in Mersana Therapeutics, Inc. MRSN. The stock has moved higher by 0.7% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could sugg
PCTEL, Inc. PCTI is scheduled to report fourth-quarter 2019 results on Mar 5, after the closing bell. In the last reported quarter, the company delivered a positive earnings surprise of 16.7%, beating the Zacks Consensus Estimate by 2 cents. Notably, PCTEL topped the Zacks Conse
Organisers of events called off because of the coronavirus are likely to miss out on insurance payouts because typical policies do not cover epidemic outbreaks. Hotels hit by cancellations may fare better.
Mack-Cali Realty Corporation CLI 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 CLI broke out below the 200 Day Simple Moving Average, suggesting shor
Belden Inc. BDC 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 BDC broke out below the 200 Day Simple Moving Average, suggesting short-term bearishnes
Delek Logistics Partners, LP DKL 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 DKL broke out below the 200 Day Simple Moving Average, suggesting shor
As of late, it has definitely been a great time to be an investor in Encore Capital Group, Inc. ECPG. The stock has moved higher by 3.1% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could sugg
As of late, it has definitely been a great time to be an investor in PennyMac Financial Services, Inc. PFSI. The stock has moved higher by 16% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, coul
Online payments platform Boku said it has benefitted from people being stranded in their own homes amid the coronavirus outbreak, sending the stock almost 10% higher.
Stocks rallied worldwide on Tuesday, catching up with the gains in the United States on hopes of government aid to offset the impact of the virus that is slowing economic activity globally.
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