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Why Shares of Nordstrom Are Rising Today
Shares of upscale retailer Nordstrom (NYSE: JWN) were rising on Friday morning, after investors waded in following one of the market's worst down days in years. As of 10:45 a.m. EDT, Nordstrom's
COVID-19 Cases Continue to Fall in China, Rise in the U.S.
While the COVID-19 coronavirus is spreading within the United States, leading to lots of unsettling news, a way past the crisis appears to have been laid out where it was first identified in Wuhan
Could the Coronavirus Crisis Delay Sony’s PS5 and Microsoft’s Xbox Series X?
The novel coronavirus pandemic is disrupting supply chains and consumer spending worldwide, and many companies are postponing new product launches until the crisis ends. Those headwinds could impact
With Housing Starts Their Highest in More Than a Decade, Is This Undervalued Homebuilder a Buy?
Housing starts recently came in at seasonally adjusted annual rate of 1.6 million, a 21% increase from a year ago. It appears that homebuilding is finally breaking out of its decade-long slumber and
Why German Auto Stocks Are On the Move Today
German automakers' stocks are on the move on Friday morning, rebounding as investors continue to come to grips with the impact of the novel coronavirus pandemic on manufacturers.
As of 10 a.m. EDT
Disney World and Disneyland Closing in March Is Just the Beginning
If there's a great big beautiful tomorrow shining at the end of every day -- as the catchy tune goes at Disney's (NYSE: DIS) long-running Carousel of Progress attraction -- that day will have to
Disney World Closes Its Florida Parks Through the End of March
Walt Disney's (NYSE: DIS) Disney World will close on Sunday and remain closed through the end of the month. The company has also closed its California Disneyland theme parks, all of its parks in
Kohl’s Says Coronavirus Isn’t Impacting One Type of Demand
Kohl's (NYSE: KSS) on Friday issued an update on its latest demand trends as the coronavirus pandemic changes people's shopping behavior.
In a filing with the U.S. Securities and Exchange
Coronavirus Fears Take a Bite Out of Brown-Forman's Guidance
Brown-Forman (NYSE: BF.A) (NYSE: BF.B) reported disappointing third-quarter earnings last week and took down guidance for the fourth quarter. The company admitted it has a number of headwinds to
BMW's Fourth-Quarter Operating Profit Jumped 32% on Big Sales of High-End Models
In a preliminary release of its fourth-quarter results, German automaker BMW AG (OTC: BAMXF) (OTC: BMWYY) said its fourth-quarter operating profit jumped 32% from a year ago, to 2.332 billion euros
The COVID-19 Pandemic Slams Into Airlines: Are There Any Bargains?
Just a few weeks ago, the global COVID-19 outbreak didn't seem to be hurting U.S. airlines much. Airlines suspended their flights to China and reduced capacity on some other routes to Asia in
Pentagon Wants to Reconsider Part of Controversial JEDI Award Process
The Department of Defense has asked a federal court to give it 120 days to reconsider aspects of a controversial $10 billion cloud computing contract that it awarded to Microsoft (NASDAQ: MSFT), a
Warren Buffett Announces Annual Meeting Will Have No Audience Due to Coronavirus
Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B) Chairman and CEO, Warren Buffett, announced today that the company's annual meeting will be held without shareholders present this year. The
Bitcoin Just Failed the Coronavirus Test
Bitcoin has taken investors on a roller-coaster ride, and although its value has risen dramatically since its inception more than a decade ago, it's had plenty of huge downdrafts along the way. The
France to Fine Apple for Anti-Competitive Behavior
After nearly a decade of investigations, France's "Autorité de la Concurrence" anti-monopoly agency is finally ready to levy a fine upon Apple (NASDAQ: AAPL) on Monday, reported Politico Europe last
Think You Can't Afford Retirement Savings? Here's Why Saving Enough Will Only Get Harder if You Wait
Most people know that saving for retirement is important. Unfortunately, despite this knowledge, millions of Americans aren't saving as much as they should be. There are lots of reasons why that
How to Invest in a Bear Market: Thoughts From David Gardner
David Gardner is a legend in the investing community.
He picked Amazon when it was just a tiny online book seller, and Netflix back when it was still sending people DVDs by mail! Thanks to his
Slack Sees a Spike in New Virtual Teams Amid Coronavirus Panic
Going into its earnings report on Thursday, many investors were watching Slack Technologies (NYSE: WORK) closely. The provider of a fast-growing online workplace-collaboration platform has been
Hyatt Pulls Guidance Over Coronavirus
The hotel industry has been among the hardest hit by COVID-19 as public events and sports activities have been canceled, most travel has been banned into the U.S. from Europe, corporations have
IBM Building Europe's First Quantum Computer
IBM (NYSE: IBM) will build Europe's first quantum computer in Germany. The Armonk, New York-based tech giant will collaborate with the state-backed Fraunhofer Society to maintain this nine-foot-tall
Oracle Announces $15 Billion Buyback Amid Coronavirus Fears
On Thursday, Oracle (NYSE: ORCL) reported better-than-expected earnings results for the fiscal third quarter. One of the highlights was the announcement that the company would buyback an additional
Lamborghini Shuts Down For 2 Weeks as Parent VW Fights Coronavirus
Italian supercar maker Lamborghini said that it will stop production for almost two weeks as its corporate parent, Volkswagen (OTC: VWAGY) tries to limit the impact of the coronavirus on its global
What Jack Dorsey Has to Do to Keep His Job at Twitter
Twitter (NYSE: TWTR) CEO Jack Dorsey's job is in jeopardy.
Activist investment firm Elliott Management built a 4% stake in the social media company and called for Dorsey's ouster, among other
Warren Buffett Bans Shareholders from 2020 Berkshire Hathaway Annual Meeting Due to Pandemic
Warren Buffett announced Friday morning the Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) annual meeting would go on as scheduled on May 2, but because of the COVID-19 coronavirus pandemic
Coors, Hershey Pull TV Ads Amid Coronavirus Outbreak
Television ads from The Hershey Company (NYSE: HSY) and Molson Coors (NYSE: TAP) have been pulled in recent days as the companies fear the spots may be misconstrued as making light of the


