In trading on Monday, shares of Iridium Communications Inc (Symbol: IRDM) crossed above their 200 day moving average of $24.14, changing hands as high as $24.50 per share. Iridium Communications Inc shares are currently trading up about 5% on the day. The chart below shows t
Mexico's Finance Minister Arturo Herrera said on Monday the reopening of the country's economy would have to be organized and smooth, warning that a new outbreak of the novel coronavirus would have terrible consequences.
Despite an uprising in social turmoil in the U.S., stocks marked the first day of June with gains. The Dow closed up 91 points, while the S&P 500 and Nasdaq marked closes modestly in the black. Despite relations with China on the brink of collapse, investors in the U.S. ar
U.S. public companies sold more than $60 billion in shares in May, the biggest monthly haul ever, as they capitalized on a stock market rally fueled by hopes that the COVID-19 pandemic is subsiding.
In trading on Monday, shares of Qurate Retail Inc (Symbol: QRTEA) crossed above their 200 day moving average of $8.62, changing hands as high as $8.68 per share. Qurate Retail Inc shares are currently trading up about 4.8% on the day. The chart below shows the one year perfo
In trading on Monday, shares of Invitation Homes Inc (Symbol: INVH) crossed above their 200 day moving average of $27.93, changing hands as high as $28.06 per share. Invitation Homes Inc shares are currently trading up about 6.1% on the day. The chart below shows the one yea
A U.S. appeals court ruled on Monday that Volkswagen AG cannot escape potential financial penalties from two counties in Florida and Utah that may amount to a "staggering" additional liability arising from the German automaker's diesel emissions scandal.
Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of CNA Financial Corp (Symbol: CNA) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.48), with the stock changing hands as low as $29.57 on the day. D
Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of CVR Energy Inc (Symbol: CVI) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.6), with the stock changing hands as low as $19.90 on the day. Divide
Costco (NASDAQ: COST) recently announced fiscal second-quarter earnings results that included some minor letdowns for investors. Customer traffic posted a rare decline in the period despite surging demand in the early days of the COVID-19 pandemic containment efforts.
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the
Hedge fund Angelo Gordon & Co aims to raise as much as $1.5 billion to buy the debt of distressed oil and gas companies, according to a person familiar with the matter and an investor presentation viewed by Reuters.
In trading on Monday, shares of Brookfield Asset Management Inc's Cumulative Class A Preference Shares, Series 28 (TSX: BAM-PRX.TO) were yielding above the 7% mark based on its quarterly dividend (annualized to $0.6817), with shares changing hands as low as $9.71 on the day.
What happened
Shares of U.S. onshore oil and natural gas driller SM Energy Company (NYSE: SM) jumped as much as 17% on June 1, rising throughout the morning and into the early part of the afternoon. By 2 p.m. EDT, that stock was sitting just off the day's highs. The energy compa
Zoom Video Communications (NASDAQ: ZM) is strengthening the end-to-end encryption on its video conferencing platform but is only rolling it out for its paid customers.
The Semiconductor Industry Association, the trade group that represents Intel (NASDAQ: INTC) and other U.S. semiconductor companies, plans to lobby the federal government for billions of dollars in funding to build chip plants on U.S. soil, reportsa the Wall Street Journal.
Public health experts and government officials, including New York's governor, are warning that large street protests over racial inequities and excessive police force could worsen the spread of the novel coronavirus.
Wildlife advocates are pushing drugmakers to curb the use of horseshoe crab blood by switching to a synthetic alternative for safety tests, including those needed before a COVID-19 vaccine can be used on humans.
The ongoing COVID-19 pandemic is wreaking havoc on American hospitals. In the past few months, the number of outpatient surgeries decreased by 70% year over year, while patient admissions decreased by 30% to 50% compared to 2019. Each month, U.S. hospitals are operating at an es
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