What happened
Shares of Alaska Air Group (NYSE: ALK) climbed nearly 10% on Tuesday afternoon as investors took a second look at airline stocks, which have been beaten down by fears of a travel slump related to COVID-19 outbreaks. The impact on airlines is real, but with shares o
Wall Street roared back to life on Tuesday, rebounding from the brink of bear market confirmation as bargain hunting and hopes of government stimulus calmed investors' looming fears surrounding the coronavirus and growing signs of imminent recession.
With air travel dropping sharply over coronavirus concerns, European carriers like Air France-KLM (OTC: AFLYY) and Delta Air Lines' (NYSE: DAL) joint venture Virgin Atlantic were stuck between a rock and a hard place. So-called "slot rules" at European airports forced them t
Healthcare professionals responding to the COVID-19 outbreak are burning through heaps of face masks and other forms of personal protective equipment. However, since most of the medical protective gear used in the U.S. is manufactured in China, hospital operators have started te
What happened
Shares of cruise operator Carnival (NYSE: CCL) jumped as much as 11.2% in trading Tuesday after President Trump vowed to help the industry. Shares actually hit a 52-week low near midday as well, but at 2:55 p.m. EDT, they were still up 7.2% for the day.
What happened
Shares of Palo Alto Networks (NYSE: PANW) fell 21.4% in February 2020, according to data from S&P Global Market Intelligence. The network security specialist's stock was tracking right alongside the broader market all month long until a mixed second-quarter ear
After a Walmart (NYSE: WMT) employee in Kentucky tested positive for the coronavirus, the retail giant implemented new emergency leave policies to support workers coping with the outbreak.
Novavax (NASDAQ: NVAX), a clinical-stage biotechnology company, is currently perceived as one of the leaders in the race to develop a vaccine for COVID-19. The company recently announced it received a grant of $4 million from the Coalition for Epidemic Preparedness Innovations (
The energy sector has been hit hardest by the sell-off in credit markets this week, with investors expecting defaults to climb in the junk sector and even investment grade issuers having to shore up their balance sheets to cope with lower oil prices.
The Canadian dollar fell to a four-year low against its U.S. counterpart on Tuesday as the greenback broadly rebounded, while a rally in oil was not enough to convince investors to turn more bullish on Canada's commodity-linked currency.
The dollar posted sharp gains on Tuesday against the safe-haven Japanese yen and Swiss franc, rebounding from the prior day's huge losses, as investors hoped global monetary policymakers will launch further stimulus plans to ease the economic impact of the coronavirus outbreak.
Zentrela, an Ontario-based company, claims to have a technology that can read a person's brainwaves to determine whether they're under the influence of cannabis. The "Cognalyzer" -- an electroencephalogram (EEG) device contained in a headband that can detect whether an individua
Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Sysco Corp (Symbol: SYY) were yielding above the 3% mark based on its quarterly dividend (annualized to $1.8), with the stock changing hands as low as $59.56 on the day. Dividends
Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of PepsiCo Inc (Symbol: PEP) were yielding above the 3% mark based on its quarterly dividend (annualized to $3.82), with the stock changing hands as low as $126.86 on the day. Divide
Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Prologis Inc (Symbol: PLD) were yielding above the 3% mark based on its quarterly dividend (annualized to $2.32), with the stock changing hands as low as $76.20 on the day. Divide
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
What happened
Shares of Compugen (NASDAQ: CGEN) are up 20% at 2:24 p.m. EDT Tuesday after the company released encouraging data from an early-stage clinical trial testing its cancer treatment COM701.
Leading U.S. airlines on Tuesday ditched 2020 forecasts and unveiled more sweeping capacity cuts and cost-saving measures in response to the spreading coronavirus, while United Airlines warned of a deep hit to the sector.
Britain will increase public investment to its highest level since 1955 in five years' time in order to spread economic growth around the country, finance minister Rishi Sunak said ahead of his first budget statement on Wednesday.
On 3/12/20, Ladenburg Thalmann Fin's 8.00% Series A Cumulative Redeemable Preferred Stock (Symbol: LTS.PRA) will trade ex-dividend, for its monthly dividend of $0.1667, payable on 3/30/20. As a percentage of LTS.PRA's recent share price of $22.07, this dividend works out to a