Global stock markets rose slightly on Friday as investors bet on a lull in proliferation of the coronavirus, while oil prices registered their first weekly gain since early January.
What happened
Shares of American Axle & Manufacturing (NYSE: AXL), a leading global automotive supplier with roughly 80 facilities in 17 countries, are down over 12% Friday afternoon after the company released mixed fourth-quarter results and underwhelming guidance.
At Holdings Channel, we have reviewed the latest batch of the 140 most recent 13F filings for the 12/31/2019 reporting period, and noticed that Uber Technologies Inc (Symbol: UBER) was held by 21 of these funds. When hedge fund managers appear to be thinking alike, we find it
In trading on Friday, shares of Siemens A G (Symbol: SMAWF) crossed below their 200 day moving average of $116.15, changing hands as low as $114.55 per share. Siemens A G shares are currently trading off about 1.5% on the day. The chart below shows the one year performance o
The Dow limped into the long weekend with a loss today, after the Chinese National Health Commission reported an additional 121 more COVID-19-related deaths nationwide. The blue-chip index -- although it pared triple-digit losses in late-afternoon trading -- was also pressured
The S&P 500 ended modestly higher on Friday following strong earnings from Nvidia and a report late in the session that the White House was considering a tax incentive for Americans to buy stocks.
Medical device maker Insulet (NASDAQ: PODD) issued a voluntary medical device correction notice for its Omnipod DASH Insulin Management System Thursday, warning that there is a remote possibility that the devices may deliver an incorrect amount of insulin, which could lead to h
In trading on Friday, shares of Melco Resorts & Entertainment Ltd (Symbol: MLCO) crossed below their 200 day moving average of $21.70, changing hands as low as $21.39 per share. Melco Resorts & Entertainment Ltd shares are currently trading off about 3.2% on the day.
In trading on Friday, shares of SPX Flow Inc (Symbol: FLOW) crossed below their 200 day moving average of $41.09, changing hands as low as $40.70 per share. SPX Flow Inc shares are currently trading down about 4.1% on the day. The chart below shows the one year performance o
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Hershey Company (Symbol: HSY), where a total volume of 4,112 contracts has been traded thus far today, a contract volume which is representative of approximat
England's Tom Curran took two wickets with the last two balls of the match as they beat South Africa by two runs in an amazing T20 international that produced over 400 runs on Friday as the tourists levelled the series at 1-1 with one game to play.
The Canadian dollar strengthened on Friday against its U.S. counterpart, adding to this week's gains as investors speculated that the coronavirus outbreak would not cause long-lasting damage to the global economy.