News
3 Reasons Norwegian Cruise Line Stock Should Outperform Carnival and Royal Caribbean
It's hard to find a sector that's been harder hit than the cruise industry. Carnival Cruise Line (NYSE: CCL) (NYSE: CUK), Royal Caribbean International (NYSE: RCL), and Norwegian Cruise Line (NYSE:
Stock Market News: These 2 Coronavirus-Fighting Stocks Are Taking Off
The stock market gained ground on Monday, bouncing back from its Friday losses as market participants continued to watch the status of the global COVID-19 pandemic closely. The spread of the
Why Shares of Delta Are Falling Today
Shares of Delta Air Lines (NYSE: DAL) traded down more than 7% on Monday as investors continue to digest the impact of the COVID-19 pandemic on the industry. The airlines got their $50 billion
Why Fidelity National Financial Will Weather the Coronavirus Storm
Like many companies, Fidelity National Financial (NYSE: FNF) has been hammered by the market's recent selloff. The stock was down about 42% year to date through Friday's close. But if you look past
Better Buy: Disney vs. Netflix
Entertainment has never been as important as it is right now, and this should (in theory at least) be a prime time for Disney (NYSE: DIS) and Netflix (NASDAQ: NFLX) to shine. Disney is the global
Spirit Airlines Adopts Poison Pill Provision After Coronavirus Stock Selloff
Spirit Airlines (NYSE: SAVE), which has lost 76% of its market cap over the past year, said on Monday that it has adopted a so-called poison pill to block any unsolicited attempts to take it over.
McDonald's Waives Delivery Fees for Uber Eats, DoorDash
McDonald's (NYSE: MCD) had been investing heavily in delivery well before the coronavirus temporarily changed how Americans live. That timing was fortuitous as the restaurant chain has the capacity
Google Cancels Its Popular April Fool’s Jokes for 2020
Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) doesn't think the coronavirus is a laughing matter, so its Google division is cancelling its annual April Fools' pratfalls "out of respect for all those
Dollar General Offers 10% Discount to Healthcare Workers and National Guard
Dollar General (NYSE: DG) is offering a 10% discount to healthcare workers, first responders and National Guardsmen at all of its approximately 16,300 locations in the U.S. The discount is available
How Lululemon Will Outlast the Coronavirus
The retail world has gotten hit by the coronavirus storm, and lululemon athletica (NASDAQ: LULU) hasn't been immune from its effects. With the COVID-19 outbreak spreading around the world, Lululemon
Microsoft Will No Longer Make Minority Investments in Facial Recognition Tech
Microsoft (NASDAQ: MSFT) is drawing a line in the sand when it comes to facial recognition technology. On Friday, the company announced it was divesting its stake in a facial recognition start-up
Simon Shows Its Strength in the Time of Coronavirus
As if the retail apocalypse weren't a big enough headwind for mall owners like Simon Property Group (NYSE: SPG), we now have social distancing and mandatory shutdowns in response to the COVID-19
American Outdoor Brands to Write Down $81 Million of Outdoor Segment Goodwill
American Outdoor Brands (NASDAQ: AOBC) is taking a huge, non-cash impairment charge against the goodwill it carries for its outdoor segment as the coronavirus pandemic caused major retail customers
Laid Off During the COVID-19 Crisis? 4 Things You Can Do to Boost Your Job Prospects
Americans have been losing their jobs left and right due to COVID-19, with unemployment claims coming in so fast they're crashing online systems and leaving filers scrambling and frustrating. And
2 Coronavirus Recession-Resistant Stocks to Consider Buying Now
As of Friday, the COVID-19 coronavirus pandemic has caused the S&P 500 index to plunge nearly 25% since reaching its all-time high on February 19. Investors are naturally concerned that the fallout
Better Buy: Sociedad Quimica y Minera vs. ConocoPhillips
Sociedad Quimica y Minera (NYSE: SQM) is down roughly 33% from its highs in 2020, while ConocoPhillips (NYSE: COP) is off by roughly 50% at the time of this writing. The market is in the middle of a
Carnival’s Cunard Line Adds Another Month to Its Cruise Pause
The financial impact of the COVID-19 pandemic continues to mount for cruise line powerhouse Carnival (NYSE: CCL). The company's Cunard subsidiary said on Monday that it is extending the suspension
Mortgage Bankers Facing Wave of Margin Calls
Recent intervention by the Federal Reserve is now triggering a wave of margin calls by broker-dealers who sold hedges to mortgage bankers, according to a letter the Mortgage Bankers Association
Yum! Brands Issues $1,000 Bonuses to Restaurant Managers
On Monday, Yum! Brands (NYSE: YUM) announced new efforts aimed at supporting its employees during the COVID-19 containment efforts now gripping the U.S. economy.
The restaurant chain, which operates
Johnson & Johnson to Begin Testing a Coronavirus Vaccine in Humans by September
Johnson & Johnson (NYSE: JNJ) announced Monday that it expects to begin clinical testing in humans evaluating its lead coronavirus vaccine candidate by September 2020 at the latest. It stated
Carvana Announces $600 Million Registered Direct Offering
Carvana Co. (NYSE: CVNA), a well known e-commerce platform for buying and selling used cars, announced a registered direct offering of 13.3 million shares of Class A Common Stock. Shares are being
Amazon Takes Steps to Keep Up with Grocery Delivery Demand
Amazon (NASDAQ: AMZN) has struggled to keep up with increased demand on its grocery delivery services due to coronavirus keeping many people confined to their homes. The retailer offers same-day
Cheesecake Factory Furloughs 41,000 Hourly Workers, CEO Takes Pay Cut
Cheesecake Factory (NASDAQ: CAKE) has furloughed 41,000 hourly workers due to the impact of the coronavirus. The furloughed workers will keep their benefits through June 1. They will also be
4 Reasons Drug Stocks Are a Buy Right Now
The emerging coronavirus pandemic highlights the world's dependence on pharmaceutical and biotech companies to produce drugs and vaccines to help overcome all types of illness. This outbreak may
Weekly Cannabis Stock News: Coronavirus Recovery?
Marijuana stocks rose at the end of last week, beating most top-share market indexes, quite dramatically in certain cases. Why the sudden and sharp rise? It seems to be down to two major factors.