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The Latest: Illinois Gov. says infant with COVID-19 has died
The Latest: Illinois Gov. says infant with COVID-19 has died
| March 28th | 2020  5:31PM
The Latest: Illinois Gov. says infant with COVID-19 has died
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: —Spain's deadliest day has over 800 deaths, over 8,000 news cases. …
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SeaWorld furloughs 90% of workers because of virus crisis
SeaWorld furloughs 90% of workers because of virus crisis
| March 28th | 2020  5:11PM
SeaWorld furloughs 90% of workers because of virus crisis
NEW YORK (AP) — The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments this weekend related to the global economy, the work place and the spread of the virus. ______ SEAWORLD FURLOUGHS: SeaWorld Entertainment is furloughing 90% of its workers because the novel coronavirus had forced the company to close its 12 theme parks.
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The Latest: Conte eyes strong EU response to coronavirus
Economy news icon
| March 28th | 2020  4:41PM
The Latest: Conte eyes strong EU response to coronavirus
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: —Spain's deadliest day has over 800 deaths, over 8,000 news cases. …
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What's essential? In France: pastry, wine. In US: golf, guns
What's essential? In France: pastry, wine. In US: golf, guns
| March 28th | 2020  4:30PM
What's essential? In France: pastry, wine. In US: golf, guns
The coronavirus pandemic is defining for the globe what's “essential” and what things we really can't do without, even though we might not need them for survival. Attempting to slow the spread of the virus, authorities in many places are determining what shops and services can remain open. They're also restricting citizens from leaving their homes.
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Rosneft hands Venezuelan oil business to Russian state firm
Rosneft hands Venezuelan oil business to Russian state firm
| March 28th | 2020  4:24PM
Rosneft hands Venezuelan oil business to Russian state firm
MOSCOW (AP) — Russia's Rosneft has transferred its assets in Venezuela to a company fully owned by Vladimir Putin's government, a move apparently intended to shield Russia's largest oil producer from U.S. sanctions while Moscow continues showing support for Venezuelan President Nicolas Maduro in the wake of a U.S. narcotics indictment. …
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Russia's Rosneft oil company ceasing Venezuela operations
Energy industry news icon
| March 28th | 2020  2:28PM
Russia's Rosneft oil company ceasing Venezuela operations
MOSCOW (AP) — Russia’s state-controlled Rosneft oil company says it is ceasing operations and selling its assets in Venezuela. Rosneft said in a statement Saturday that it decided to sell its business in Venezuela to a company that is 100% owned by the Russian government. It said it “concluded an agreement with the company…
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Hawks no more: Fiscal conservatives embrace rescue package
Pat Toomey
| March 28th | 2020  1:44PM
Hawks no more: Fiscal conservatives embrace rescue package
NEW YORK (AP) — Republicans who have spent the past decade howling about the danger of ballooning deficits embraced the coronavirus rescue package approved by Congress and signed by President Donald Trump, shrugging off past concerns about spending in the face of a public health crisis. In many cases, the conservatives who backed the $2 trillion bill — the largest economic relief measure in U.S.
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Farmworkers key to keeping US fed are wary of virus spread
Farmworkers key to keeping US fed are wary of virus spread
| March 28th | 2020  11:29AM
Farmworkers key to keeping US fed are wary of virus spread
SACRAMENTO, Calif. (AP) — Salvador Calzadillas isn't worried about catching the coronavirus when he's picking mandarin oranges in the trees in central California. But he said the mere act of getting to the groves each day puts him and his wife, also a farmworker, at risk, and there’s nothing they can do to change that. Farmworkers, after all, can't work from home.
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Farmworkers key to keeping US fed are wary of virus's spread
Social affairs news icon
| March 28th | 2020  11:17AM
Farmworkers key to keeping US fed are wary of virus's spread
SACRAMENTO, Calif. (AP) — Salvador Calzadillas isn't worried about catching the coronavirus when he's picking mandarin oranges in the trees in central California. But he said the mere act of getting to the groves each day puts him and his wife, also a farmworker, at risk, and there’s nothing they can do to change that. Farmworkers, after all, can't work from home.
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On Wall Street, some optimism penetrates the uncertainty
On Wall Street, some optimism penetrates the uncertainty
| March 28th | 2020  10:21AM
On Wall Street, some optimism penetrates the uncertainty
Stocks rallied this week as Washington acted to provide $2.2 trillion of relief to an economy shocked by the coronavirus outbreak, leaving some on Wall Street cautiously optimistic that the panicky selling that had gripped the market earlier may have come to an end. Even after a loss on Friday, the S&P 500 had its best weekly percentage gain since March 2009.
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The Latest: UN says 86 staffers around world reported cases
The Latest: UN says 86 staffers around world reported cases
| March 28th | 2020  1:39AM
The Latest: UN says 86 staffers around world reported cases
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — U.N. says 86 staffers around world have reported cases of virus — U.N.
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The Latest: UN says nuclear weapons conference postponed
Economy news icon
| March 28th | 2020  12:51AM
The Latest: UN says nuclear weapons conference postponed
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — U.N. says review conference to prevent spread of nuclear weapons postponed…
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Highlights of Trump-signed $2.2T economic relief package
Highlights of Trump-signed $2.2T economic relief package
| March 28th | 2020  12:10AM
Highlights of Trump-signed $2.2T economic relief package
WASHINGTON (AP) — Highlights of a $2.2 trillion package to help businesses, workers and a health care system staggered by the coronavirus that President Donald Trump signed into law Friday after the House voted final congressional approval. — Loans and guarantees to businesses, state and local governments: $500 billion. Up to $50 billion for passenger airlines and $8 billion for air cargo carriers, half for paying workers.
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Trump signs $2.2T stimulus after swift congressional votes
Nancy Pelosi
| March 28th | 2020  12:09AM
Trump signs $2.2T stimulus after swift congressional votes
WASHINGTON (AP) — President Donald Trump signed an unprecedented $2.2 trillion economic rescue package into law after swift and near-unanimous action by Congress to support businesses, rush resources to overburdened health care providers and help struggling families during the deepening coronavirus epidemic. Acting with unity and resolve…
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The Latest: Brunei reports first coronavirus-related death
Economy news icon
| March 27th | 2020  11:47PM
The Latest: Brunei reports first coronavirus-related death
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — South Korea reports 146 new cases but number of recoveries now exceed those under treatment — U.S.
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Why Market Circuit Breakers Keep Halting Trading
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| March 27th | 2020  1:00AM
Why Market Circuit Breakers Keep Halting Trading
If you have been following the financial markets closely over the past month, you probably noticed that trading has been completely halted on more than one occasion. These market-wide halts are extremely rare and a sign of just how volatile the stock market is at this point in time. It’s hard to believe that the market simply stops trading after…
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Here’s Where the S&P 500 (SPY) Should Bottom
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| March 27th | 2020  1:00AM
Here’s Where the S&P 500 (SPY) Should Bottom
After plummeting near (-35 percent) from its highs, the  S&P 500 (NYSEARCA: SPY) bounced back from deep in bear market territory cutting the losses to (-22 percent) off highs on March 26, 2020. Each giant price swing or market halt somehow gets attributed to some news or event. The narrative always gets curve fit in a manner that may make sense that day but falls apart a few days later.
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These Casino Stocks Can Boost Your Portfolio Long After COVID-19
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| March 27th | 2020  1:00AM
These Casino Stocks Can Boost Your Portfolio Long After COVID-19
The casino industry was one of the first to get disrupted from the spread of coronavirus. As the epidemic surged in China, the Macao government implemented containment measures resulting in the complete shutdown of casino hotels on the island in February 2020. The three largest casino companies Wynn Resorts LTD (NASDAQ: WYNN) , Las Vegas Sands Corp…
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The Market May Have Bottomed But The Selling Isn’t Over
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| March 27th | 2020  1:00AM
The Market May Have Bottomed But The Selling Isn’t Over
A Preemptive Strike When the market saw the black swan of coronavirus approaching it reacted in the only way it could. Instead of waiting for this thing to hit, waiting to see how bad it might be, the market started selling. The general thought went something like this “it’s better to be on the sidelines than in the line of fire”…
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CompanyBrokerageAction
South State Corp logo
SSB
South State Corp
DA DavidsonUpgrade
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SB One Bancorp logo
SBBX
SB One Bancorp
DA DavidsonUpgrade
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Inovio Pharmaceuticals Inc logo
INO
Inovio Pharmaceuticals Inc
Maxim GroupInitiated Coverage
at $12.00
Zix Co. logo
ZIXI
Zix Co.
Craig HallumInitiated Coverage
at $9.00
GlycoMimetics Inc logo
GLYC
GlycoMimetics Inc
CowenInitiated Coverage
at Buy
Expeditors International of Washington logo
EXPD
Expeditors International of Washington
Wolfe ResearchUpgrade
to Hold
Under Armour Inc logo
UA
Under Armour Inc
Stifel NicolausDowngrade
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ACN
Accenture Plc
Societe GeneraleUpgrade
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CVR Energy, Inc. logo
CVI
CVR Energy, Inc.
Credit Suisse GroupDowngrade
to Underperform
Redfin Corp logo
RDFN
Redfin Corp
Goldman Sachs GroupBoost Price Target
$16.00 ➝ $23.00
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ZG
Zillow Group Inc
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VLO
Valero Energy Co.
CfraDowngrade
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