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Why Marriott International's Shares Popped 13.7% on Wednesday
Shares of hotel chain Marriott International, Inc. (NASDAQ: MAR) jumped as much as 13.7% in trading Wednesday after getting an analyst upgrade and seeing the market move to a more optimistic tune on
Conagra, Unlike Most Companies, Is Reaffirming Its Previous Guidance as Sales Skyrocket
At a time when most companies are withdrawing guidance because of the economic devastation wrought by the COVID-19 pandemic, Conagra (NYSE: CAG) filed a Current Report with the SEC today stating
Rockwell Automation to Reduce Salaries, Keep Dividend
Working to retain its financial stability amid the volatility wrought by the COVID-19 pandemic, Rockwell Automation (NYSE: ROK) announced today that it plans to suspend payouts from its executive
Nordstrom Warns It's 'Impossible' to Estimate Impact of COVID-19
COVID-19 has done a number on Nordstrom (NYSE: JWN).
The coronavirus has damaged innumerable retailers, but Nordstrom has been hit particularly hard, as it was forced to suspend dividends, halt
Why Starbucks Stock Fell 16% in March
Shares of Starbucks (NASDAQ: SBUX) fell 16.2% in March, according to data provided by S&P Global Market Intelligence, as the coffee giant scrambled to respond to the COVID-19 outbreak in North
Why Talend Stock Jumped on Wednesday
Shares of Talend (NASDAQ: TLND), a cloud integration-solutions specialist, jumped on Wednesday. The stock was up about 19% as of 1 p.m. EDT.
The tech stock's gain follows the announcement of
Why Shares of Spirit AeroSystems Are Up Today
Shares of Spirit AeroSystems (NYSE: SPR) climbed more than 10% on Wednesday after the aerospace supplier announced a series of moves designed to help it weather the impact of the COVID-19
Why Boeing Stock Jumped 6% Today
The battered stock of Boeing (NYSE: BA), down by more than half over the past year, won a reprieve on Wednesday, and was up 6% as of 12:35 p.m. EDT today.
A Boeing 737. Image source: Getty Images.
Why Kimco Realty Stock Plummeted 44% in March
Shares of retail-focused real estate investment trust (REIT) Kimco Realty (NYSE: KIM) fell 44% in March according to data from S&P Global Market Intelligence. That decline was dramatically worse
Under Armour Hardest Hit as Athletic Shoe Sales Plunge 76% in Last Week of March
While shelter-at-home orders typically allow for going outdoors to exercise, people apparently aren't using the opportunity to stock up on new athletic gear.
Market researchers at NPD Group say the
Why Pinterest Stock Popped Today
Shares of Pinterest (NYSE: PINS) have popped today, up by 12% as of noon EDT, after the company reported preliminary first-quarter results. The social media specialist also withdrew its 2020
Apple Allocates $50 Million to Support Indie Artists and Music Labels
Technology giant Apple's(NASDAQ: AAPL) music streaming business, Apple Music, has allocated $50 million to help independent artists and music labels during these uncertain times.
The record labels
Why CubeSmart Stock Only Fell 11.5% in March
Shares of self-storage focused real estate investment trust (REIT) CubeSmart (NYSE: CUBE) fell 11.5% in March according to data from S&P Global Market Intelligence. While that sounds pretty bad on
Tiffany’s Acquisition by LVMH Is Pushed Back to October
Though Tiffany & Co. (NYSE: TIF) and LVMH Moët Hennessy (OTC: LVMHF) appeared poised to "put a ring on it" following a $16.2 billion acquisition deal last November, the nuptials have been postponed
Why Tenet Healthcare Shares Are Soaring 20.5% Today
After Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said new COVID-19 cases are nearing their peak and hospitalizations could slow, shares of Tenet
Why Tilray Stock Is Soaring Today
Shares of Tilray (NASDAQ: TLRY) were soaring 15.7% as of 11:31 a.m. EDT on Wednesday. The Canadian cannabis producer didn't announce any news, but its shares jumped amid an overall stock market
AMC Tells Its Landlords: We're Not Paying Rent Anymore
It's been three weeks now since cinema chain AMC Entertainment (NYSE: AMC) (and its rivals Regal and Cinemark, too) closed all their theaters in response to government recommendations against
Why Shares of Nordstrom Are Rising Today
Shares of upscale retailer Nordstrom (NYSE: JWN) were up sharply on Wednesday, after the company gave a blunt update on the state of its business in a regulatory filing. As of 11:45 a.m. EDT
Fed Modifies Wells Fargo's Asset Cap
The Federal Reserve has temporarily modified the asset cap it placed on Wells Fargo (NYSE: WFC) two years ago so the bank can make small-business loans as the government tries to ease the effects of
Verizon Halts FiOS Installs Due to COVID-19
Verizon (NYSE: VZ) is maintaining a safe social distance from new customers during the COVID-19 pandemic, announcing on its website that it is not installing new FiOS service to homes and
Why Amarin Stock Is on the Mend Today
Shares of the Irish biopharma Amarin Corp. (NASDAQ: AMRN) rose by as much as 11.9% in early action Wednesday morning. While the company didn't release any news that would spark this double-digit
Apple Chases Facebook Into the VR Market With a $100 Million Acquisition
Apple (NASDAQ: AAPL) recently agreed to buy NextVR, a California-based company that streams live events to augmented and virtual reality devices, for $100 million. NextVR holds over 40 patents for
Here's Why Annaly Capital Management and Other Mortgage REITs Are Soaring Today
The stock market is having a decent day on Wednesday, with the Dow Jones Industrial Average and S&P 500 both up by about 1% as of 11 a.m. EDT today.
But mortgage real estate investment trusts, or
Why I'm Buying Shares of This Tiny SaaS Stock During the Coronavirus Sell-Off
Last weekend, I stumbled upon a tiny software-as-a-service (SaaS) stock that I've decided to invest in. I've been a big fan of any company adopting this business plan: The capital-light, wide-moat
2 Cancer Stocks That Could Make You Filthy Rich
The COVID-19 pandemic has done a number on global stock markets this year. Several multibillion-dollar industries, such as airlines, cruise ships, and upscale sit-in restaurants, among many others


