LONDON/HONG KONG (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
The overall stock market has had quite a roller-coaster ride in 2020, but even after the recent drop fueled by surging COVID-19 cases, the S&P 500 is still higher by approximately 2.5% for the year as of Oct. 29.Unfortunately for bank investors, the financial sector has been
(RTTNews) - PNM Resources (PNM) affirmed its recently increased 2020 consolidated ongoing earnings guidance of $2.23 to $2.31 per share, targeting the midpoint of the range. Analysts polled by Thomson Reuters expect the company to report profit per share of $2.24. Analysts' estim
(RTTNews) - While reporting financial results for the third quarter on Friday, technology company Honeywell international Inc. (HON) reinstated its earnings, adjusted earnings and sales guidance for the full-year 2020. It also provided financial outlook for the fourth quarter.For
Workers are encouraged to save for retirement to ensure that they have enough money to live comfortably later in life, especially since Social Security isn't designed to sustain seniors by itself. But the laws surrounding retirement savings can be restrictive.Take required minimu
(RTTNews) - LyondellBasell Industries N.V. (LYB) announced a profit for third quarter that dropped from the same period last year.The company's earnings came in at $114 million, or $0.33 per share. This compares with $965 million, or $2.85 per share, in last year's third quarter
(RTTNews) - Honeywell International Inc. (HON) announced earnings for third quarter that declined from last year.The company's profit came in at $0.76 billion, or $1.07 per share. This compares with $1.62 billion, or $2.23 per share, in last year's third quarter.
Since its IPO last October, the stock price of COVID-19 vaccine and oncological treatment developer BioNTech (NASDAQ: BNTX) was up by more than 489% as of market close on Oct. 27. That's phenomenal considering the S&P 500 only gained 15% during the same period. Now that the C
(RTTNews) - ITT Corporation (ITT) will host a conference call at 9:30 AM ET on October 30, 2020, to discuss Q3 20 earnings results.To access the live webcast, log on to http://www.itt.com/investors
(RTTNews) - Archer Daniels Midland Company (ADM) will host a conference call at 9:00 AM ET on Oct. 30, 2020, to discuss Q3 20 earnings results.To access the live webcast, log on to http://www.adm.com/webcast
(RTTNews) - Southwestern Energy Co. (SWN) will host a conference call at 10:30 AM ET on Oct. 30, 2020, to discuss Q3 20 earnings results.To access the live webcast, log on to www.swn.com
(RTTNews) - Weyerhaeuser Co. (WY) will host a conference call at 10:00 AM ET on October 30, 2020, to discuss Q3 20 earnings results.To access the live webcast, log on to http://www.weyerhaeuser.com
(RTTNews) - Electric and gas utility Fortis Inc. (FTS, FTS.TO) reported third quarter net earnings attributable to common equity shareholders of C$292 million, up from C$278 million in the prior-year quarter.On an adjusted basis, net earnings attributable to common equity shareho
If investors have learned anything about 2020, it's to expect the unexpected. This year, we've witnessed the sharpest bear-market decline from a recent high in history, as well as the fastest bounce back to new all-time highs from a bear market low. The idea of timing the market
(RTTNews) - U.K. stocks rose slightly on Friday as the pounded surrendered early modest gains on data showing that British business confidence has fallen for the first time in five months.Lloyds Bank's business barometer fell by seven points to a score of -18 on worries about the