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American Express Company
General Electric Company
The Charles Schwab Corporation
Kinder Morgan, Inc.
ICICI Bank Limited
Ford Motor Company
Sirius XM Holdings Inc.
Motorola Solutions, Inc.
Baker Hughes Company
VICI Properties Inc.
Horizon Therapeutics Public Limited Company
Caesars Entertainment Corporation
Marathon Oil Corporation
Allison Transmission Holdings, Inc.
Iovance Biotherapeutics, Inc.
CommScope Holding Company, Inc.
Genworth Financial, Inc.
BioCryst Pharmaceuticals, Inc.
Kadmon Holdings, Inc.
Catalyst Pharmaceuticals, Inc.
Oasis Petroleum Inc.
Many technology stocks have a reputation for resisting dividend payments. In fact, some new tech companies in this high-growth sector do not earn profits at all. Case in point, investors will likely find both high yields and dividend growth if they invest in AT&T (NYSE: T), International Business Machines (NYSE: IBM), and Qualcomm (NASDAQ: QCOM).
As airlines unground most of their fleets, especially newer jets, over the next year, GE Aviation should return to strong profitability.
(Bloomberg) -- Vale SA was ordered by a Brazilian labor court to close three iron-ore mines at its Itabira complex in Minas Gerais state after an outbreak of Covid-19 among workers.The decision restores a ban on operations at the Conceicao, Caue and Periquito pits after Vale last week fended off an attempt by prosecutors to close the complex, according to a statement on the prosecutors’ website dated Friday.Until now, the top iron-ore producer had managed to continue operating through the pandemic, adopting safety measures without stalling output. A prolonged stoppage at a complex that accounts for a tenth of Vale’s production could help prices of the steelmaking ingredient extend a rally that has been fueled by robust Chinese demand.The injunction was granted to close the mines until a final court ruling after 188 workers tested positive. Rio de Janeiro-based Vale said in an emailed response that “it has been notified and is already working on the necessary actions to better comply with the decision.”Vale said that regardless of any new initiatives, it has already adopted preventative and containment measures, such as reducing its workforce, screening and social distancing in buses and restaurants.The court order comes as Covid-19 explodes in Latin America, with the region’s highly urbanized population of 600 million becoming the new global epicenter. In April, Vale cut its shipment guidance due to bad weather and the virus’s impact on operations.Still, iron ore futures capped their first weekly decline in more than a month as Vale said it’s preparing to restart some operations and as analysts predict seaborne supply will pick up in the second half. Vale has made preparations to resume operations at its Southern and Southeastern systems, according to a China Metallurgical News interview with executive director for ferrous minerals Marcello Spinelli. The miner’s fatal dam disaster site last year, which crimped shipments, is part of the Southeastern systems.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
CommScope (COMM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Motorola (MSI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Slack Technologies (NYSE: WORK) and New Relic (NYSE: NEWR) both offer services that simplify tasks for businesses. Slack's messaging and collaboration tools streamline communications between employees, and New Relic's cloud-based software tracks the performance of websites and apps. Slack benefits from the shift toward remote work, and the crisis highlights the importance of New Relic's analytics tools.
Fueled by increased demand for its notebooks from the current stay-at-home environment, tech giant Dell’s (DELL) Q1 earnings topped expectations, while video conferencing software like (ZM) and Cisco’s (CSCO) WebEx have also seen a dramatic increase due to the COVID-19 pandemic. However, principal analyst of Futurum Research Daniel Newman joined Yahoo Finance to discuss what’s next for Dell and other tech companies as the nation starts to return to work following the pandemic.
Zynga (ZNGA) closed the most recent trading day at $8.97, moving -0.88% from the previous trading session.
General Electric (GE) closed at $7.88 in the latest trading session, marking a +1.81% move from the prior day.
The Nasdaq's 43% rise since late March puts the tech-heavy index far ahead of the broader S&P 500, highlighting investors' willingness to bet that tech and communication companies will emerge stronger from the pandemic. The Nasdaq index on Friday closed 2.06% higher on the day after earlier surpassing the previous intraday record high hit Feb. 19, just before fears of the coronavirus ended Wall Street's 11-year bull market. The Nasdaq on Friday ended just short of its record high closing level, also set Feb. 19.
Shares of Ford Motor Company (NYSE: F) were moving higher on Friday, amid a broad-based market rally following the release of better-than-expected May employment figures. The figures add to other signs that the economy might be starting to recover -- just in time for several important new-product launches from Ford. As of 1:45 p.m. EDT, Ford's shares were up about 13.8% from Thursday's closing price.
In conjunction with its first-quarter financial results, business communication platform Slack (NYSE: WORK) this week announced a partnership with Amazon.com (NASDAQ: AMZN). As part of the multiyear deal, Amazon Web Services (AWS) will adopt Slack's channel-based messaging solution for its employees.
Ford Motor Co <F.N> is re-evaluating how much office space it needs for white-collar workers as restrictions put in place during the coronavirus pandemic are eased and employees return to workplaces. In March, Ford, General Motors Co <GM.N> and Fiat Chrysler Automobiles NV (FCA) <FCHA.MI><FCAU.N> told salaried employees to work from home to prevent the spread of COVID-19. Ford brought back 12,000 salaried employees last month, and others have been told they can work from home until September, spokeswoman Marisa Bradley said.
The stock market posted a huge advance on Friday, lifted by an extremely optimistic outlook on the employment front. Most economists had expected dramatic job losses in May, but the employment report instead showed millions of new jobs created. For Moderna (NASDAQ: MRNA) and Slack Technologies (NYSE: WORK), shareholders seem to think that what's good for the broader economy might end up taking away from the long-term potential of their respective businesses.
Zynga (ZNGA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Marathon Oil (MRO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Fox (FOXA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Dollar General, Hanesbrands, Visa, Mastercard and American Express highlighted as Zacks Bull and Bear of the Day