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Daily Markets: Strangest Earnings Season Ever Kicks Off This Week

6 years 6 months ago
March quarter earnings season, which is likely to be the strangest one ever, kicked off this morning, and while only a handful of companies reported results from JPMorgan Chase (JPM) and Johnson & Johson (JNJ) fared better than feared as they wrestle with the pandemic
Chris Versace

2 Dividend Stocks Not At Risk of Cutting Their Payouts

6 years 6 months ago
With the COVID-19 pandemic forcing people to stay at home -- and significantly reducing economic activity -- many businesses are struggling to stay afloat, and will likely continue grappling with the aftermath long after the outbreak ends. As a result, many of these companies wi
The Motley Fool

3 Dividend Aristocrats to Buy and Hold Forever

6 years 6 months ago
If you are going to commit to holding a stock for a long time, then it's a good idea to invest in companies with a secure recurring revenue stream -- that's where dividend aristocrats Ecolab (NYSE: ECL) and Pentair (NYSE: PNR) come in. The third option, Hormel Foods (NYSE: HRL
The Motley Fool

Could Fastly Be a Millionaire-Maker Stock?

6 years 6 months ago
As coronavirus has spread across the globe, it has left financial devastation in its wake. Besides those affected directly by the contagion, millions of jobs have been lost and businesses have been forced into digital-only operation mode -- if not closed down indefinitely. Suffi
The Motley Fool

Better Coronavirus Stock: Moderna vs. Pfizer

6 years 6 months ago
Big pharmaceutical companies and small biotechs alike have jumped into the race to develop treatments and vaccines for the novel coronavirus disease COVID-19. Pfizer (NYSE: PFE) ranks as one of the biggest of the big pharma companies and has several COVID-19 efforts under way. M
The Motley Fool

4 Changes Americans Are Making Because of COVID-19

6 years 6 months ago
The COVID-19 outbreak hasn't just made thousands of Americans ill; it's also battered the economy to an almost unbelievable degree. Unemployment claims are through the roof, countless small businesses are shut down, and millions of Americans are stressed about the notion of losi
The Motley Fool

Is iQiyi Becoming a Liability for Baidu?

6 years 6 months ago
iQiyi (NASDAQ: IQ), which owns of the top video streaming platforms in China, was recently slammed by allegations of fraud by Wolfpack Research. The activist research firm, which prepared the report with prolific short-seller Muddy Waters, claimed that iQiyi inflated its revenu
The Motley Fool

CAC 40 Off Day's Highs

6 years 6 months ago
(RTTNews) - French stocks opened higher on Tuesday as a flattening of the coronavirus curve pointed to the slowing of the spread of the disease globally and solid trade data from China helped ease fears of a deep global recession.
RTTNews

Hong Kong shares end higher as China trade data lifts sentiment

6 years 6 months ago
Hong Kong shares closed higher on Tuesday after China reported smaller-than-expected contractions in imports and exports in March, and as fears over the global spread of the new coronavirus eased. ** The Hang Seng index ended up 135.07 points or 0.56% at 24,435.40. The Hang Seng China Enterprises index rose 0.37% to 9,847.47. ** The sub-index of the Hang Seng tracking energy shares dipped 1.1%, while the IT sector rose 1.12%, the financial sector ended 0.6% higher and the property sector rose 1.05%. ** China's exports fell 6.6% in March from a year earlier, while imports shrank 0.9%, a better-than-expected outcome as factories restarted production, though the global coronavirus health crisis looks set to keep trade under pressure over coming months. [nB9N2BR00K] ** The top gainer on the Hang Seng was CK Asset Holdings Ltd, which gained 3.76%, while the biggest loser was AAC Technologies Holdings Inc, which fell 3.21%. ** China's main Shanghai Composite index closed up 1.59% at 2,827.28, while the blue-chip CSI300 index ended up 1.93%. ** Around the region, MSCI's Asia ex-Japan stock index was firmer by 1.28%, while Japan's Nikkei index closed up 3.13%. ** The yuan was quoted at 7.0583 per U.S. dollar at 0825 GMT, 0.08% weaker than the previous close of 7.053. ** The top gainers among H-shares were BYD Co Ltd up 3.33%, followed by CITIC Securities Co Ltd, gaining 3.31% and China Conch Venture Holdings Ltd, up by 3%. ** The three biggest H-shares percentage decliners were CNOOC Ltd, which was down 2.69%, PetroChina Co Ltd, which fell 2.68% and Sunny Optical Technology Group Co Ltd, down by 2.31%. (Reporting by Andrew Galbraith; editing by Uttaresh.V) ((Andrew.Galbraith@tr.com; +86 21 2083 0079; Reuters Messaging: andrew.galbraith.thomsonreuters.com@reuters.net ; Twitter: https://twitter.com/apgalbraith)) nAZN18NU00
Reuters

AstraZeneca to start Calquence in COVID-19 trial

6 years 6 months ago
AstraZeneca Plc said on Tuesday that it would start a clinical trial to assess the potential of Calquence in the treatment of the exaggerated immune response associated with COVID-19 infection in severely ill patients.
Reuters
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