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Another Dividend Suspended: Macquarie Infrastructure Stock Falls 26% on Announcement
Another Dividend Suspended: Macquarie Infrastructure Stock Falls 26% on Announcement

Shares of Macquarie Infrastructure Corporation (NYSE: MIC) are down 25.8% at 12:28 p.m. on April 3, following the after-hours announcement yesterday that the company was suspending its dividend due

Why Shares of FedEx Are Falling Today
Why Shares of FedEx Are Falling Today

Shares of FedEx (NYSE: FDX) traded down more than 5% on Friday after the shipping giant suspended guidance and said it was tapping its available credit line. The COVID-19 coronavirus pandemic is

3 Hot Stocks to Buy in April
3 Hot Stocks to Buy in April

February was rough. March was brutal. April is here, and spring could be just what your portfolio needs in more ways than one. 

Dropbox (NASDAQ: DBX), NVIDIA (NASDAQ: NVDA), and Peloton Interactive 

Analysts Predict Macau Casino Revenue May Fall to Zero in April
Analysts Predict Macau Casino Revenue May Fall to Zero in April

As bad as February and March were for casino operators in Macau, analysts think April will be even worse, and JPMorgan says gambling revenue could fall to near zero for the month.

While other

Stock Market News: These 2 Stock Winners Are Thriving Despite the Coronavirus
Stock Market News: These 2 Stock Winners Are Thriving Despite the Coronavirus

Friday morning gave Wall Street dour news, with major benchmarks giving up ground. The latest picture on the employment front was ugly, with the unemployment rate soaring from 3.5% to 4.4% after the

Can Philip Morris Sustain Its Dividend Through a Recession?
Can Philip Morris Sustain Its Dividend Through a Recession?

The U.S. stock market has just closed out one of its worst quarters in history. While it's impossible to call the bottom of a bear market, this may be an opportunity for income-hungry investors to

Disney Moves Onward in More Ways Than One
Disney Moves Onward in More Ways Than One

It's been four weeks since Onward hit movie theaters, and on Friday, the Disney (NYSE: DIS) animated feature became the latest addition to its growing Disney+ catalog. In theme park news, Disney

Elon Musk Bans Use of Zoom Video at SpaceX
Elon Musk Bans Use of Zoom Video at SpaceX

If ever there were a company perfectly positioned to help keep the economy functioning in the midst of the Coronacrisis, it is Zoom Video Communications (NASDAQ: ZM).

After reporting 85% sales

Why ONEOK Stock Cratered 67% in March
Why ONEOK Stock Cratered 67% in March

Shares of ONEOK (NYSE: OKE) plummeted 67.3% in March, according to data provided by S&P Global Market Intelligence. Weighing on the pipeline company was a more-than-50% nosedive in the price of oil.

Cummins Slashes CEO and Worker Salaries as Key Customer PACCAR Shuts Production
Cummins Slashes CEO and Worker Salaries as Key Customer PACCAR Shuts Production

Cummins (NYSE: CMI) is taking drastic measures as the COVID-19 pandemic continues to spread, hitting global trade and economies. In its latest update, the engines manufacturer announced a slew of

Why Stitch Fix Stock Plunged 47% in March
Why Stitch Fix Stock Plunged 47% in March

Shares of Stitch Fix (NASDAQ: SFIX) dropped 47.1% last month, according to data provided by S&P Global Market Intelligence. As negative sentiment was bringing the broader market down early in the

3 Stocks Peter Lynch Would Love
3 Stocks Peter Lynch Would Love

Portfolio manager Peter Lynch made investing more accessible to millions of people by emphasizing a common-sense approach to finding stocks. Buying stocks that were easy to understand or which

Why Axalta Coating Systems Crashed in March
Why Axalta Coating Systems Crashed in March

Shares in Axalta Coating Systems (NYSE: AXTA) fell a whopping 30.7% in March, according to data provided by S&P Global Market Intelligence. Frankly, the stock's performance has been both surprising

Under Armour Begins Layoffs After ‘Acute’ Shock to the Business
Under Armour Begins Layoffs After ‘Acute’ Shock to the Business

Under Armour (NYSE: UA) (NYSE: UAA) is trying to slash costs as the financial toll of the COVID-19 pandemic rises.

The sports apparel giant said on Friday that layoffs will begin on April 12 across

Why Abbott Labs Shares Rose 2.44% in March
Why Abbott Labs Shares Rose 2.44% in March

Though many stocks entered a bear market in March, shares of Abbott Laboratories (NYSE: ABT) gained 2.44% in the month, according to data provided by S&P Global Market Intelligence. The stock

Target Adjusting Store Policies Again Due to Coronavirus
Target Adjusting Store Policies Again Due to Coronavirus

Target (NYSE: TGT) has kept its stores open throughout the coronavirus pandemic. The retailer sells groceries and other essential supplies that people need in order to remain at home for an extended

Why Units of Brookfield Infrastructure Slumped Nearly 29% in March
Why Units of Brookfield Infrastructure Slumped Nearly 29% in March

Units of Brookfield Infrastructure Partners (NYSE: BIP) plunged 28.8% in March, according to data provided by S&P Global Market Intelligence. The main issue weighing on the company was fears of a

Dow Jones News: Disney Furloughs Workers; 3M Defends Exports; Boeing Loses a Big Order
Dow Jones News: Disney Furloughs Workers; 3M Defends Exports; Boeing Loses a Big Order

The stock market headed lower on Friday, with the Dow Jones Industrial Average (DJINDICES: ^DJI) down 1.3% at 11:15 a.m. EDT. U.S. payrolls declined by 701,000 in March, according to data from the

FedEx Suspends Guidance, Boosts Cash Reserves
FedEx Suspends Guidance, Boosts Cash Reserves

FedEx (NYSE: FDX) said Friday it was suspending guidance and plans to draw down $1.5 billion from a credit facility to reinforce its balance sheet as it attempts to weather the COVID-19 coronavirus

In Fight Against COVID-19, Lockheed Martin Is Going on a Hiring Spree
In Fight Against COVID-19, Lockheed Martin Is Going on a Hiring Spree

Although a record number of Americans filed first-time unemployment claims this week, Lockheed Martin (NYSE: LMT) is looking to add employees to its ranks. Revealing its effort to support the

Here's Why Fate Therapeutics Rose as Much as 18.7% Today
Here's Why Fate Therapeutics Rose as Much as 18.7% Today

Shares of Fate Therapeutics (NASDAQ: FATE) gained over 18% today after the company announced an equity investment from and a partnership with Johnson & Johnson subsidiary Janssen. The pair will

Las Vegas Sands, Wynn Resorts to Pay Employees Until Coronavirus Pandemic Ends
Las Vegas Sands, Wynn Resorts to Pay Employees Until Coronavirus Pandemic Ends

Both Las Vegas Sands (NYSE: LVS) and Wynn Resorts (NASDAQ: WYNN) announced they plan to pay all of their employees, a combined total of more than 24,000 workers, for the duration of the coronavirus

Why This Marijuana Stock Fell "Only" 17% in March While the Group Got Killed
Why This Marijuana Stock Fell "Only" 17% in March While the Group Got Killed

Innovative Industrial Properties (NYSE: IIPR) stock declined 17.4% in March (16.4% if we include dividends), according to data from S&P Global Market Intelligence. The S&P 500 index had a negative

Amazon, Kroger, PepsiCo Taking on Displaced Food Service Workers
Amazon, Kroger, PepsiCo Taking on Displaced Food Service Workers

Millions of workers have been at least temporarily displaced from their jobs due to the coronavirus pandemic. Some companies, however, continue to hire, and partnerships have emerged to match

Why AES Corporation's Stock Fell 19% in March
Why AES Corporation's Stock Fell 19% in March

Shares of diversified utility AES Corporation (NYSE: AES) dropped 18.7% in March, according to data from S&P Global Market Intelligence. That was much worse than the 13% drop in the S&P 500 Index