News
Why Shares of These 3 Oil Refiners Plunged More Than 25% in March
Shares of oil refiners Phillips 66 (NYSE: PSX), HollyFrontier (NYSE: HFC), and PBF Energy (NYSE: PBF) lost more than one-quarter of their value in March, according to data provided by S&P Global
Zoetis Acquires Cloud-Based Livestock Software Company
Animal health leader Zoetis (NYSE: ZTS) announced today that it is acquiring Performance Livestock Analytics, a privately held company that sells cloud-based data and analytic solutions for beef
Why Shopify Stock Jumped on Wednesday
Shares of e-commerce specialist Shopify (NYSE: SHOP) soared on Wednesday, finishing the trading day up 9.5%.
The stock's gain was probably fueled by a combination of a bullish day for the overall
Why Shake Shack, Wendy's, and Yum! Brands Stocks Popped Today
Shares of fast-food restaurant stocks including Shake Shack (NYSE: SHAK), Wendy's (NASDAQ: WEN), and Pizza Hut owner Yum! Brands (NYSE: YUM) surged in early trading Wednesday, and were holding on to
Stock Market Wrap-Up: Wells Fargo Gets Coronavirus Relief, but Will Bank Earnings Get Crushed?
Wednesday was another extraordinarily positive day for the stock market, with major benchmarks once again seeing dramatic gains. Market participants seem optimistic that even with earnings season
Why Shares of TransDigm Group Are Up Today
Shares of aerospace component supplier TransDigm Group (NYSE: TDG) gained more than 14% on Wednesday, despite a number of negative headlines coming out of the industry. The company's stock is down
Why PG&E Corporation's Shares Popped 27% on Wednesday
Shares of bankrupt utility PG&E Corporation (NYSE: PCG) jumped as much as 27.9% in trading Wednesday after getting a positive ruling from a judge in its bankruptcy. Shares closed the day up 27%.
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Novavax to Start Human Clinical Trials for Its Potential Coronavirus Vaccine in May
Novavax (NASDAQ: NVAX) has been plowing through the early stages of the development of its SARS-CoV-2 vaccine candidate, NVX-CoV2373, and recently announced that it plans to start human clinical
Why SiriusXM Tanked 22.1% in March
Shares of Sirius XM Holdings (NASDAQ: SIRI) tanked 22.1% last month, according to data from S&P Global Market Intelligence.
Investors appear concerned that Sirius XM's satellite radio business will
Why Zoom Stock Jumped on Wednesday and Then Retraced Much of Its Gain
Shares of videoconferencing platform Zoom Video Communications (NASDAQ: ZM) initially surged on Wednesday. The stock rose as much as 10.7%. But shares gave up much of that gain late in the trading
Apple's Over-the-Ear Headphones Reportedly Launching in June
Apple's (NASDAQ: AAPL) rumored over-the-ear headphones could hit store shelves in June.
That's according to Jon Prosser, a serial Apple tipster who turned to Twitter earlier this week to make the
Why Shares of Regional Banks Fell in March
Shares of regional banks joined the broader parade of stocks that plunged in March, with investors running for the exits as the impact of the COVID-19 coronavirus pandemic became clear. Banks make
VF Corporation, Parent of Vans Footwear, Draws Down $1 Billion While Cutting Executive Pay
Apparel and footwear company VF Corporation (NYSE: VFC), or VFC, parent of brands such as Vans, Eagle Creek, JanSport, The North Face, and Timberland, said today it's drawing down the entire $1
Why These Retail-Chain Stocks Are Up Sharply Today
Shares of several brick-and-mortar retail chains surged on Wednesday, despite some analyst downgrades, on growing investor optimism about the potential path of the post-coronavirus economic
Why Carnival Corp, Royal Caribbean, and Planet Fitness Stocks All Popped 5% (or More) This Morning
Yesterday's stock market rally ended up fading to red by day's-end. But today, the S&P 500 is making up for lost time, up close to 3% at 2:30 p.m. EDT.
Some of the stocks making the biggest gains
Why These Restaurant Stocks Popped by Double Digits Wednesday
Shares of Darden Restaurants (NYSE: DRI), BJ's Restaurants (NASDAQ: BJRI), Texas Roadhouse (NASDAQ: TXRH), and Dave & Buster's Entertainment (NASDAQ: PLAY) all popped over 10% at one point on
Airbus Cuts Production as COVID-19 Impairs Customer Base
Airbus (OTC: EADSY) said Wednesday it was cutting commercial aircraft production to account for falling demand due to the COVID-19 coronavirus pandemic.
The European aerospace giant said it cut
General Motors' Shares Rise on $489 Million Ventilator Deal
Shares of General Motors (NYSE: GM) closed higher on Wednesday, after the U.S. Department of Health and Human Services (HHS) said that it awarded the automaker a contract to produce hospital
MSC Industrial Direct Co Inc (MSM) Q2 2020 Earnings Call Transcript
Image source: The Motley Fool.
MSC Industrial Direct Co Inc (NYSE: MSM)Q2 2020 Earnings CallApr 8, 2020, 8:30 a.m. ET
Operator
Source Fool.com
Why StoneCo Stock Fell 45.4% in March
Shares of StoneCo (NASDAQ: STNE) slipped 45.4% in March, according to data from S&P Global Market Intelligence. The payment-processing company reported fourth-quarter results early in the month that
Uranium Giant Cameco Shuts Plants, 2020 Outlook Uncertain
Cameco Corp. (NYSE: CCJ), one of the world's largest uranium producers, has announced plans to shut down a fuel service facility barely a couple of weeks after suspending uranium production at its
Why Veeva Systems Stock Gained 10% in March While the Market Plunged
Shares of Veeva Systems (NYSE: VEEV) gained 10.1% in March, according to data from S&P Global Market Intelligence. They're down 1.4% this month through April 7 and have gained 9.7% so far in 2020.
Why Shares of Camping World Holdings Are Up Today
Shares of Camping World Holdings (NYSE: CWH) were up more than 10% late Wednesday afternoon despite an analyst downgrade and fears of deterioration in the market for recreational vehicles. Tough
Why Shares of Airlines and Travel Businesses Are Higher Today
Shares of airlines and the businesses that support the industry have been hit hard by the COVID-19 pandemic, which has caused travel demand to all but evaporate and left airlines scrambling to cut
Amazon Pauses Its Third-Party Shipping Business to Focus on Its Own Packages
Amazon.com (NASDAQ: AMZN) will halt its third-party delivery business, dubbed Amazon Shipping, in the coming months. The business, which was being tested in select U.S. markets, was dedicated to