Don't Call It a Comeback: Can GE Continue Rising After Passing 2019 High?

The U.K. government has been forced to step in and demand that banks lend to small businesses after a financial lifeboat struggled to deliver intended emergency funds, sparking fears that one in five small businesses might collapse. Last month Chancellor Rishi Sunak had offered to cover 80% of the r

Tesla produced 102,672 vehicles in the first quarter of 2020 and delivered 88,400 vehicles to customers, the company announced to investors on Thursday. While the delivery number is down from the ...

Crude oil futures have surged more than 20% More than 6.6 million Americans filed for unemployment insurance last week More than 990,000 coronavirus cases have been reported globally. U.S. stocks rose in volatile trading on hopes that the oil price war between Russia and Saudi Arabia will soon end,

Dividends Slashed as Companies Conserve Cash
Companies are increasingly suspending or reducing dividends Government loan rules and credit market turmoil crimp balance sheets Goldman says S&P 500 dividends will reduce 38% in the next nine months Investors are saying goodbye to their dividends as companies suspend payouts amid the COVID-19 crisi Investopedia

Record 6.6 Million File for Unemployment
That more than doubles the then-record 3.3 million Americans who filed initial claims two weeks ago, according to data that was released by the Department of Labor last week. Thursday's updated numbers also show last week's report was revised up by 24,000 people. "States continued to identify increa U.S. News & World Report

U.S. Futures Advance; Oil Surges on China Move: Markets Wrap
U.S. equity futures rose on Thursday as investors caught their breath following a rough start to the second quarter for risk assets. European stocks fluctuated, while oil surged after China unveiled plans to boost its reserves. Futures on the main U.S. equity benchmarks all climbed in the wake of an Bloomberg

New Preferred Stock IPOs, March 2020
Due to the COVID-19 panic, 123 high-quality preferred stocks (investment grade, cumulative dividends) are now selling for an average price of $24.15, offering an average current yield of 5.8 percent. 98 of these high-quality preferreds are now priced below their $25 par value, selling for an average Seeking Alpha

Boeing Announces Voluntary Buyouts as It Grapples With Coronavirus
Boeing (BA) - Get Report on Thursday announced voluntary buyout offers for its 161,000 employees as the embattled airplane maker continues to grapple with the fallout of the coronavirus pandemic on air travel, and the prospect of a long-term halt on new-plane orders. In a statement, Boeing CEO Dave TheStreet.com

Dollar maintains gains after weeks of rallying
The dollar firmed on Thursday but paused its strong rally of recent weeks after the Federal Reserve helped U.S. currency liquidity in financial markets by making it easier for other central banks to access the greenback. By Olga Cotaga LONDON, April 2 ... Nasdaq

Georgia Power invites Georgians to say 'thank you' to employees during Thank a Lineman Month
Thousands of company personnel continue to show their dedication to communities during COVID-19 pandemic ATLANTA, April 1, 2020 /PRNewswire/ -- For the eighth year in a row, Georgia Power and other electric utilities in Georgia are celebrating and thanking utility workers across the state. The daily YAHOO!

American Airlines pulls $2.7 billion from credit lines as it prepares for lean months ahead
Fort Worth-based American Airlines withdrew more than $2.7 billion from credit accounts Wednesday, hoarding cash as it prepares for some of the most challenging months in its history. American pulled the cash from three different credit funds it has created dating back to 2014 with Barclays, Deutsch Dallas Morning News

State incentives for Cleveland Sherwin Williams HQ project put on hold amid coronavirus crisis
COLUMBUS, Ohio -- Ohio has tabled plans to loan $70 million to Sherwin Williams as part of a state incentive package for Sherwin Williams to build a new Cleveland headquarters, while state officials consider steep budgetary cuts tied to the coronavirus crisis. The Ohio Controlling Board, a legislati Cleveland.com

Federal Reserve temporarily eases some bank leverage requirements
The U.S. Federal Reserve announced on Wednesday it was temporarily easing its leverage rules for large banks by exempting certain investments from a key leverage calculation, part of the effort to combat the economic slowdown inflicted by the coronavirus pandemic. By Pete Schroeder WASHINGTON, April Nasdaq

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