With supermarkets stripped of food and many other essentials, consumer product companies halted factory runs of niche items such as scented bleach in order to speed up production of more basic merchandise that is in high demand.
French telecoms operators will exercise greater discipline allocating internet bandwidth from Monday as France braces for a surge in the number of people working from home, the industry lobby's chief said on Sunday.
Air New Zealand said on Monday it would further cut capacity and look to lay off some permanent employees as the coronavirus outbreak hits global travel demand.
Hershey (NYSE: HSY) stock is down just 5% year to date, outperforming the 16% decline of the S&P 500 following the market sell-off fueled by the coronavirus outbreak. As global economic health becomes less certain, defensive consumer companies such as Hershey have historica
From its close on Feb. 19 to its close on March 12, the S&P 500 fell more than 26%, a huge decline in less than a month. Like many investors who had been using options in a margin account, I faced a margin call during that precipitous decline and was forced to liquidate posi
Newell Brands (NASDAQ: NWL) has had a rough few years with shareholders suffering the consequences. The stock is trading at just one-quarter of its value from three years ago. This comes after Newell completed an ill-advised $13 billion cash-and-stock acquisition of Jarden in 20
Franco-American oil services firm TechnipFMC Plc is putting on hold plans to split itself into two due to turbulence in financial markets linked to the coronavirus outbreak, it said on Sunday.
While many competitors are shuttering stores, Nordstrom (NYSE: JWN) recently opened a seven-floor flagship location in New York City. The store features an array of designer clothing and several eateries plus a collection of specialty enterprises and services.
What happened
After suffering steep losses in recent weeks due to a confluence of negative events, banks stocks rebounded sharply on March 13. Mega-banks JPMorgan Chase (NYSE: JPM), Bank of America (NYSE: BAC), Citigroup (NYSE: C), and Wells Fargo (NYSE: WFC), along with smaller
When Netflix (NASDAQ: NFLX) and its streaming peers took on traditional pay TV, subscriber counts and legacy TV profits weren't the only things to be upended. Among the collateral damage were traditional measures of TV audiences, including Nielsen's long-tenured and widely respe
The recent COVID-19 outbreak has reminded us all of the appeal of consumer staples stocks. Consumer staples are household products that people use in both good economic times and bad. Not only has the prospect of a global recession increased the appeal of these steady stocks, bu
Two of the three private equity firms that caused sweeping changes at Bed Bath & Beyond (NASDAQ: BBBY) have firmly fixed their gaze on struggling deep-discount chain Big Lots (NYSE: BIG).
What happened
President Trump's press conference regarding plans to combat the COVID-19 coronavirus pandemic led to a sharp rebound in the stock markets on March 13. Many of the largest U.S. companies enjoyed powerful rallies in their stock prices. That included Berkshire Hathaw
Social Security benefits are a major source of income for many retirees, but there are a few misconceptions about the program. Some soon-to-be retirees are worried that the program is going bankrupt and benefits will soon be a thing of the past, while other workers expect their
Dollar General (NYSE: DG) is making it look easy, posting fourth quarter earnings that easily beat analyst expectations on the top and bottom line, and offered guidance for the coming year that came in line with forecasts.
Following three weeks of chaotic volatility due to the coronavirus pandemic -- including an official end to the 11-year-old bull market -- investors are justifiably anxious about investing right now. With global recession fears looming, it's also prudent to maintain cash savings
What happened
Shares of Repligen (NASDAQ: RGEN), a leading provider of proteins and filtration technology that is used to manufacture biologic drugs, rose 10.6% on Friday.
What happened
Many tech stocks jumped significantly higher just before the closing bell on Friday. Graphics chip designer NVIDIA (NASDAQ: NVDA) closed 11.4% higher, communications-chip designer Qualcomm (NASDAQ: QCOM) ended the day at a 13.1% gain, and wireless network operator
Schools are canceled, the National Basketball Association has suspended its season indefinitely, and people are electing to stay home. What that means is that aside from general plunging stock prices, restaurants are also dealing with fewer customers.
What's happening
Shares of online car-shopping service TrueCar (NASDAQ: TRUE) surged on Friday, as bargain-hunting investors waded back in after Thursday's market rout.