Craft beer may never be the same after the coronavirus pandemic passes. While there were already signs the industry was facing increasingly difficult struggles in the next few years, the current crisis has likely exacerbated and accelerated those problems.
Levi Strauss (NYSE: LEVI) delivered fiscal first-quarter earnings that were better than analysts' expectations. Constant-currency revenue growth was 6%, despite the company closing stores in mid-January over the spread of COVID-19 in China (note that Levi's first quarter ended F
Back-to-back gains remain elusive in this unpredictable market, as the major indices surrendered a huge morning rally on Tuesday to finish the session slightly negative.
In more typical times, the Dow giving up a more than 900-point gain would be terribly disheartening.
But
The novel coronavirus (COVID-19) pandemic is forcing many companies to suspend their buybacks and dividends to conserve cash. As a result, many dividend stocks are losing their luster in this brutal bear market.
McDonald's Corp said first-quarter comparable sales declined 3.4%, as the world's largest burger chain had to shutter stores and stick to delivery or take-out due to the coronavirus outbreak across the globe.
What happened
Shares of Chewy (NYSE: CHWY) soared 26.7% last month, according to data from S&P Global Market Intelligence. That was enough to drive the stock from $30 per share to $37 per share.
Egypt will extend a nationwide night-time curfew by 15 days until April 23 to counter the spread of the coronavirus, Prime Minister Mostafa Madbouly said on Wednesday.
March was a hideous month for the mortgage real estate investment trust (REIT) sector. COVID-19 has created a financial crisis for the mortgage sector that rivals 2008 in its severity. Even agency REITs, which invest in mortgages guaranteed by the government, have suffered.
What happened
Shares of financial-services firms Goldman Sachs (NYSE: GS), E*Trade Financial (NASDAQ: ETFC), and TD Ameritrade (NASDAQ: AMTD) plummeted 23%, 25%, and 17.9% respectively, last month, according to data from S&P Global Market Intelligence. For context, the S&
In recent trading, shares of TerraForm Power Inc (Symbol: TERP) have crossed above the average analyst 12-month target price of $16.05, changing hands for $16.18/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o
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
In recent trading, shares of Lamb Weston Holdings Inc (Symbol: LW) have crossed above the average analyst 12-month target price of $53.00, changing hands for $55.10/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad
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
Sysco Corp (Symbol: SYY) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.9% yield, as well as a superb track record of at least two decades of dividend growth, according to the
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