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Gilead Asks the FDA to Rescind Orphan Drug Designation for Remdesivir as a Treatment for COVID-19
Gilead Sciences (NASDAQ: GILD) has asked the Food and Drug Administration to rescind the orphan drug designation it was awarded for remdesivir as a treatment for COVID-19, the disease caused by the
Ouch! Ford's Credit Rating Cut to Junk Status by S&P Global
On Wednesday, credit rating agency S&P Global cut its rating of automaker Ford (NYSE: F) to junk status. That followed a similar downgrade from Moody's in September.
S&P Global's move leaves Fitch
6 Retail Stocks Skyrocketing on $2 Trillion Coronavirus Bailout Package
One day after the Dow Jones Industrial Average gained more than 11% and the S&P 500 surged by 9.4%, both indices are running with the bulls again on March 25. One sector in particular is seeing huge
Subway and McDonald's Join the Parade of Restaurants Offering Free Delivery
With upward of 191 million Americans under government orders to stay home as much as possible to stem the spread of the COVID-19 coronavirus, Subway and McDonald's (NYSE: MCD) have both announced
Why Carvana's Stock Has Rocketed 68% Higher in Two Days on Its New Financing Deal
Shares of online car-buying and selling platform Carvana (NYSE: CVNA) surged 43% on Tuesday after it announced a financing deal with Ally Financial (NYSE: ALLY). Known for its hassle-free buying
Here's Why Mastercard, Visa, Amex, and Capital One Are Soaring on Wednesday
Stocks are rallying on the announcement of the $2 trillion stimulus package that's expected to be passed shortly by Congress. As of 3 p.m. EDT, the Dow Jones Industrial Average and S&P 500 indexes
Why High-Yielding Energy Stocks Soared Today
The stock market snapped back for the second straight day, with the S&P 500 closing Wednesday up by more than 1.1%. Fueling that rally was the expected approval by Congress of a $2 trillion stimulus
Why Shares of These Auto Parts Retailers Rebounded Wednesday
Shares of Advance Auto Parts (NYSE: AAP), O'Reilly Automotive (NASDAQ: ORLY), and LKQ (NASDAQ: LKQ), a group of auto parts retailers, all spiked over 10% Wednesday as broader markets logged a second
Stock Market Wrap-Up: Coronavirus Checks Send Card Giants Soaring
Wednesday was another good day for the stock market, marking the first time in a while that the Dow Jones Industrial Average (DJINDICES: ^DJI) managed to post significant back-to-back advances
Why Transports Are Up Today
Shares of XPO Logistics (NYSE: XPO) were up more than 19% as of 3:24 p.m. EDT, and shares of Old Dominion Freight Line (NASDAQ: ODFL) and FedEx (NYSE: FDX) were each up more than 5%, after the White
Why Darden Restaurants Stock Jumped As Much As 25.6% Today
Shares of Darden Restaurants (NYSE: DRI) rose as much as 25.6% in Wednesday's trading session, boosted by a bullish analyst report. The parent company of restaurant chains such as Olive Garden
Why Invitae Skyrocketed 20.5% Today
Invitae's (NYSE: NVTA) shares soared 20.5% on Wednesday as bargain-hunters and short covering converged to send the iShares Russell 2000 Index ETF (NYSEMKT: IWM) index 1.9% higher today.
Global
Carnival Still Isn’t Sure if It Will Continue Its Cruise Halt
Potentially bucking the trend other cruise lines are setting, Carnival Corp. (NYSE: CCL) still hasn't decided whether it's on board with keeping its ships in port after the 30-day cruise suspension
Yunji Inc. (YJ) Q4 2019 Earnings Call Transcript
Image source: The Motley Fool.
Yunji Inc. (NASDAQ: YJ)Q4 2019 Earnings CallMar 24, 2020, 7:30 a.m. ET
Operator
Source Fool.com
Why Teladoc Stock Plunged 12% on an Up Day for the Market
Lawmakers in Washington appear close to finalizing a plan to begin mailing out coronavirus stimulus checks to American taxpayers -- and to unleash a flood of money, trillions of dollars in depth, to
Why Aerospace Stocks Are Rallying Today
Aerospace stocks took flight on Wednesday after lawmakers in Washington reached a deal on a $2 trillion stimulus package. The bill includes assistance for commercial aerospace suppliers facing a
SolarEdge Stock Jumps Despite Lukewarm Initiation
Shares of SolarEdge Technologies (NASDAQ: SEDG) have jumped today, up by 9% as of 3:30 p.m. EDT, despite Barclays initiating coverage on the stock with an equal weight rating (equivalent to
These Retail Stocks Are Rising as Congress Nears Approval of $2 Trillion Coronavirus Aid Deal
Shares of several brick-and-mortar retail chains were moving up on Wednesday afternoon, as Congress and the Trump administration neared agreement on a $2 trillion deal intended to support the U.S
How Dividend Aristocrats Are Impacted by Coronavirus
In this episode of Industry Focus: Consumer Goods, host Emily Flippen chats with Motley Fool contributor Jason Hall about the impact of coronavirus on dividend-paying companies, particularly
FDA Facilitating Use of Plasma From Recovered COVID-19 Patients to Treat Serious Cases
On Tuesday, the Food and Drug Administration said it's facilitating access to the blood plasma of patients who have recovered from COVID-19. Because those patients have fought off disease, their
Paychex Inc (PAYX) Q3 2020 Earnings Call Transcript
Image source: The Motley Fool.
Paychex Inc (NASDAQ: PAYX)Q3 2020 Earnings CallMar 25, 2020, 9:30 a.m. ET
Operator
Source Fool.com
Why the Markets Are Up Today
In this episode of MarketFoolery, Mac Greer and Motley Fool contributor Dan Kline discuss the recent uptick on Wall Street and Congress closing in on a stimulus package and how it could impact
State AGs Call on Facebook, Amazon, Walmart, eBay to Do More to Stop Price Gouging
Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN), eBay (NASDAQ: EBAY), Walmart (NYSE: WMT), Craigslist, and other online marketplaces are facing calls from 33 state attorneys general to reign in price
Starbucks Stock Is Rising as $2 Trillion Economic-Rescue Package Nears Approval
Shares of Starbucks (NASDAQ: SBUX) were moving higher on Wednesday, up 4.6% as of 3 p.m. EDT, amid a broad-based market rally as U.S. lawmakers appeared to be closing in on a $2 trillion
How Are Market Caps Doing in a Downturn
This is the ninth episode of our Rule Breaker Investing Market Cap Game Show. Will Aaron Bush retain his title or will Andy Cross steal it from him this time around? It's a fun game to take our


