Wall Street was set to rise at the open on Monday as more states prepared to lift coronavirus-induced curbs and Boeing gained after pulling out of a deal to buy Embraer's commercial jets division.
General Motors Co said on Monday the automaker has suspended its quarterly cash dividend on its common stock and its share buybacks to save cash in the face of the coronavirus crisis that has severely hurt global automobile sales.
U.S. stock index futures rose on Monday as more states looked set to lift coronavirus-induced curbs, and investors awaited earnings reports from marquee companies including Apple and Microsoft due this week.
U.S. stock index futures rose on Monday as more states looked set to lift coronavirus-induced curbs, with investors also turning to quarterly earnings reports from marquee companies including Apple and Microsoft later this week.
Asian shares bounced on Monday as the Bank of Japan (BOJ) announced more stimulus steps to help cushion the economic impact of the coronavirus, but the recent weak run in the global oil price showed no signs of ending.
Asian shares bounced on Monday as the Bank of Japan (BOJ) announced more stimulus steps to help cushion the economic impact of the coronavirus, while oil took another spill as the world ran short of space to store it.
Asian shares bounced on Monday as the Bank of Japan (BOJ) announced more stimulus steps to help cushion the economic impact of the coronavirus, while oil took another spill as the world ran short of space to store it all.
The coronavirus outbreak has taken its toll on yet another publicly traded company's cash distribution. General Motors (GM, $21.95) announced early April 27 that it was suspending its dividend - the company's second such move in 12 years.
One of the market's hottest stocks this year is Tesla Motors (NASDAQ: TSLA). The maker of next-gen electric cars is trading 73% higher in 2020. Larger U.S. automakers are driving in reverse. Ford (NYSE: F) and General Motors (NYSE: GM) have plummeted 47% and 39%, respectively,
I've been a net buyer of stocks lately, but not this week. I unloaded a few of my holdings on Tuesday and Wednesday, including one market laggard that I've owned for nearly a decade. I made just one new stock purchase this week, initiating a position in Livongo Health (NASDAQ: L
It only takes a few minutes of skimming headlines and articles covering the automotive industry to turn a smile upside down. Major manufacturing plants from automakers such as Ford (NYSE: F) and General Motors (NYSE: GM) have halted vehicle production, and analysts predict billi
The NASDAQ 100 After Hours Indicator is down -5.97 to 8,780.63. The total After hours volume is currently 67,518,653 shares traded.The following are the most active stocks for the after hours session:
Before the coronavirus outbreak shut them down, U.S. auto factories were hectic workplaces where men and women worked side by side along fast-moving assembly lines, ate in crowded break areas, and jostled in and out of gates as they changed shifts.
J.D. Power on Wednesday delivered U.S. auto sales data that was one part devastating and one part encouraging. The country's retail vehicle sales are down roughly 50% from where they were forecast to be prior to the coronavirus pandemic. That's a massive drop-off -- but not as s