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Why Shares of Alaska Air Group Are Soaring Today

6 years 6 months ago
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
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EU to Suspend Airline Rules as Travel Plummets Due to Coronavirus

6 years 6 months ago
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
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COVID-19 Outbreak Threatens U.S. Hospitals' Supply Chains

6 years 6 months ago
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
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Why Carnival Shares Popped 11.2% Today

6 years 6 months ago
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. 
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Why Palo Alto Networks Shares Fell 21% Last Month

6 years 6 months ago
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
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After oil price rout, some bond defaults possible

6 years 6 months ago
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.
Reuters

U.S. dollar bounces vs yen, Swiss franc, lifted by stimulus hopes

6 years 6 months ago
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.
Reuters

Sysco (SYY) Shares Cross 3% Yield Mark

6 years 6 months ago
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
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PepsiCo (PEP) Shares Cross 3% Yield Mark

6 years 6 months ago
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
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PLD Crosses Above 3% Yield Territory

6 years 6 months ago
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
BNK Invest

Top Buys by Directors: Ellison's $1M Bet on LOW

6 years 6 months ago
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
BNK Invest

Here's Why Compugen Jumped Higher Today

6 years 6 months ago
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.
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UK plans to boost investment to 65-year high -Sunak

6 years 6 months ago
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.
Reuters
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